XML 45 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2011
CASH FLOWS PROVIDED BY OPERATING ACTIVITIES:      
Net income (loss) $ (17,251) $ 88,371 $ 107,441
Adjustments to reconcile net income (loss) to cash provided by operations:      
Depreciation and amortization 65,919 60,551 50,332
Goodwill impairment 71,840    
Stock award compensation 31,677 24,724 18,768
Deferred income taxes (8,724) 25,531 22,874
Other 3,520 323 610
Net change in assets and liabilities, net of effects from acquisitions and currency fluctuations:      
Accounts receivable 50,131 18,852 16,119
Prepaid expenses and other assets 8,359 (3,831) 7,936
Accounts payable and accrued expenses (12,611) 11,566 (16,409)
Deferred revenue (78,869) (31,619) (36,569)
Income taxes 18,421 (14,827) (11,066)
Net cash provided by operating activities 132,412 179,641 160,036
CASH FLOWS USED IN INVESTING ACTIVITIES:      
Purchase of businesses, net of cash acquired   (249,337) (18,165)
Purchase of property and equipment (24,274) (19,266) (19,073)
Purchase of capitalized software (31,797) (27,436) (15,531)
Other 812 (900)  
Net cash used in investing activities (55,259) (296,939) (52,769)
CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES:      
Proceeds from borrowings on credit facility 142,800 180,200  
Payments on credit facility (169,800) (135,200)  
Net proceeds from exercise of stock awards including excess tax benefits 23,419 11,151 80,366
Employee contribution to common stock purchase plans 2,804 2,824 2,504
Repurchase of common stock (81,741) (20,554) (164,515)
Other (714)    
Net cash provided by (used in) financing activities (83,232) 38,421 (81,645)
EFFECT OF EXCHANGE RATE CHANGES ON CASH (3,228) (2,187) 4,725
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (9,307) (81,064) 30,347
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 99,180 180,244 149,897
CASH AND CASH EQUIVALENTS AT END OF YEAR 89,873 99,180 180,244
SUPPLEMENTAL DISCLOSURES OF NON-CASH FINANCING ACTIVITIES:      
Cashless exercise of stock options $ 1,177 $ 4,802 $ 31,130