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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 63,082 $ 55,412
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 15,624 14,838
Amortization of debt issuance costs 1,087 845
Stock-based compensation 25,005 24,599
Excess tax benefit from stock-based compensation (1,019) (3,300)
Deferred income taxes (753) 2,185
Provision for excess and obsolete inventories 1,292 1,319
Restructuring charges (credits) (1,350) 8,433
Cash payments for restructuring charges (3,793) 0
Other operating activities 633 5,896
Changes in assets and liabilities:    
Accounts receivable, net (13,448) 1,279
Inventory, net (5,990) (352)
Current and other assets (2,346) (264)
Accounts payable 3,626 5,744
Accrued liabilities 6,191 (3,841)
Income taxes (1,141) (8,770)
Cash provided by operating activities 86,700 104,023
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from sales of investments 143,631 56,890
Proceeds from maturities of investments 97,253 51,895
Purchase of investments (247,491) (206,110)
Capital expenditures (19,603) (20,977)
Cash used for investing activities (26,210) (118,302)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repurchase of common stock (34,236) (482,776)
Employees' tax withheld and paid for restricted stock and restricted stock units (9,444) (10,804)
Proceeds from issuances under stock-based compensation plans 6,516 9,854
Proceeds from revolving line of credit 0 155,749
Repayments of revolving line of credit 0 (190,249)
Proceeds from bonds issuance, net of issuance costs 0 488,401
Payment of cash dividends (14,947) (16,034)
Excess tax benefit from stock-based compensation 1,019 3,300
Other financing activity 761 0
Cash used for financing activities (50,331) (42,559)
Effect of exchange rate changes on cash and cash equivalents (2,964) (921)
Net increase (decrease) in cash and cash equivalents 7,195 (57,759)
Cash and cash equivalents at beginning of period 235,266 276,850
Cash and cash equivalents at end of period $ 242,461 $ 219,091