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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net earnings (loss) $ (5,757) $ 3,277
Earnings from discontinued operations, net of tax 0 (387)
Non-cash operating activities:    
Depreciation and amortization 9,004 5,903
Gain on disposal or impairment of assets 20 302
Lease-related impairment and restructuring charges (36) 2,315
Provision for doubtful accounts 1,245 (237)
Impairment of goodwill 0 2,875
Deferred income taxes 38 87
Non-cash stock compensation expense 57,053 29,027
Changes in operating assets and liabilities:    
Accounts receivable, net (2,627) (16,258)
Deferred commissions 4,687 (2,907)
Other assets 3,998 5,743
Accounts payable and other liabilities (31,994) (12,885)
Income taxes 5,570 43,699
Deferred revenue 5,067 903
Net cash provided by operating activities 46,268 61,457
Cash flows from investing activities:    
Capital expenditures (467) (253)
Purchases of investments (1,967) (24,385)
Proceeds from sales of investments 24,995 25,750
Purchases of strategic investments (400) (1,000)
Net cash provided by investing activities 22,161 112
Cash flows from financing activities:    
Proceeds related to the issuance of common stock under stock and employee benefit plans 6,327 5,575
Shares repurchased for tax withholdings upon vesting of stock-based awards (7,740) (4,569)
Acquisition of treasury stock (65,653) (35,325)
Net cash used in financing activities (67,066) (34,319)
Net cash provided by continuing operations 1,363 27,250
Cash flows from discontinued operations:    
From operating activities 0 387
Net cash provided by discontinued operations 0 387
Effect of exchange rate changes on cash 743 84
Net change in cash, cash equivalents and restricted cash 2,106 27,721
Cash, cash equivalents and restricted cash at beginning of period 339,471 464,448
Cash, cash equivalents and restricted cash at end of period 341,577 492,169
Supplemental cash flow information:    
Cash paid (received) for income taxes, net from continuing operations 11,000 (25,139)
Cash received for income taxes, net from discontinued operations 0 (595)
Cash received for tenant improvement allowances (1,758) 0
Cash paid for operating lease liabilities 4,877 5,148
Operating lease assets obtained in exchange for operating lease liabilities 1,043 11,677
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 $ 238 $ 211