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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net earnings $ (27,218) $ 17,365
Non-cash operating activities:    
Depreciation and amortization 5,741 6,585
Loss on disposal or impairment of assets (5) 113
Gain on distribution from retained profits interest 0 (30,052)
Provision for doubtful accounts 997 955
Deferred income taxes 187 (912)
Non-cash stock compensation expense 24,225 18,496
Changes in operating assets and liabilities:    
Accounts receivable, net (7,733) (7,049)
Deferred commissions (369) (3,383)
Other assets 4,352 19,336
Accounts payable and other liabilities (34,557) (37,276)
Income taxes, net 2,131 (1,000)
Deferred revenue (1,120) (419)
Net cash used in operating activities (33,369) (17,241)
Cash flows from investing activities:    
Capital expenditures (1,741) (427)
Cash paid in acquisitions, net of cash received 0 (8,368)
Distribution from retained profits interest 0 31,000
Net cash provided by (used in) investing activities (1,741) 22,205
Cash flows from financing activities:    
Proceeds related to the issuance of common stock under stock and employee benefit plans 4,589 3,281
Shares repurchased for tax withholdings upon vesting of stock-based awards (582) (11,361)
Acquisition of treasury stock (60,053) (29,077)
Net cash used in financing activities (56,046) (37,157)
Effect of exchange rate changes on cash (752) 261
Net change in cash and cash equivalents (91,908) (31,932)
Cash and cash equivalents at beginning of period 600,162 581,687
Cash and cash equivalents at end of period 508,254 549,755
Supplemental cash flow information:    
Cash paid (received) for income taxes, net 4 (2,451)
Purchases of property, plant, & equipment, net remaining unpaid at end of period $ 1,666 $ 164