XML 18 R6.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (7,489) $ (1,586)
Non-cash operating activities:    
Depreciation and amortization 4,554 4,039
Loss on disposal or impairment of assets 5 308
Lease-related impairment and restructuring charges (36) 0
Provision for doubtful accounts 550 (219)
Deferred income taxes 28 47
Non-cash stock compensation expense 27,985 13,292
Changes in operating assets and liabilities:    
Accounts receivable, net (16,582) (14,391)
Deferred commissions 2,741 86
Other assets 3,667 5,008
Accounts payable and other liabilities (39,046) (25,225)
Income taxes 6,792 37,236
Deferred revenue 7,503 7,098
Net cash provided by (used in) operating activities (9,328) 25,693
Cash flows from investing activities:    
Capital expenditures (226) (53)
Purchases of investments (1,967) 0
Proceeds from sales of investments 2,000 0
Purchases of strategic investments (400) (500)
Net cash used in investing activities (593) (553)
Cash flows from financing activities:    
Proceeds related to the issuance of common stock under stock and employee benefit plans 6,167 5,573
Shares repurchased for tax withholdings upon vesting of stock-based awards (6,847) (3,892)
Acquisition of treasury stock (15,785) (20,203)
Net cash used in financing activities (16,465) (18,522)
Net cash provided by (used in) continuing operations (26,386) 6,618
Effect of exchange rate changes on cash (71) (293)
Net change in cash, cash equivalents and restricted cash (26,457) 6,325
Cash, cash equivalents and restricted cash at beginning of period 339,471 464,448
Cash, cash equivalents and restricted cash at end of period 313,014 470,773
Supplemental cash flow information:    
Cash paid (received) for income taxes, net from continuing operations (131) (28,653)
Cash paid for operating lease liabilities 2,338 2,459
Operating lease assets obtained in exchange for operating lease liabilities 850 10,565
Operating lease assets, and related lease liabilities, relinquished in lease terminations (555) (4,486)
Purchases of property, plant and equipment remaining unpaid at period end $ 109 $ 0