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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2015
Operating activities:      
Net income (loss) $ 67,303 $ (8,302) $ (279,470)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Amortization and impairment of software development costs and licenses 221,911 134,472 133,453
Stock-based compensation 81,879 69,996 65,246
Depreciation and amortization 30,707 28,800 21,057
Amortization of discount on Convertible Notes 21,222 23,457 22,026
Amortization and impairment of intellectual property 6,738 160 344
Deferred income taxes 3,020 (270) 2,279
Amortization of debt issuance costs 1,227 1,567 1,663
Gain on long-term investments, net (1,350) (2,683) (17,476)
Other, net (3,410) 2,588 2,068
Changes in assets and liabilities:      
Restricted cash (76,474) (91,491) 24,161
Accounts receivable (41,956) 49,348 (164,717)
Inventory (4,942) 3,809 9,729
Software development costs and licenses (252,951) (219,217) (188,772)
Prepaid expenses, other current and other non-current assets (22,155) (12,272) 5,398
Deferred revenue 126,285 152,325 568,028
Deferred cost of goods sold (14,969) (41,144) (70,788)
Accounts payable, accrued expenses and other liabilities 189,344 170,162 78,585
Net cash provided by operating activities 331,429 261,305 212,814
Investing activities:      
Change in bank time deposits 89,076 (182,383) (87,500)
Proceeds from available-for-sale securities 155,936 43,314 0
Purchases of available-for-sale securities (195,733) (150,501) (100,116)
Purchases of commercial paper (25,938) 0 0
Purchases of fixed assets (21,167) (37,280) (49,501)
Proceeds from sale of long-term investment 1,350 2,683 21,976
Purchase of long-term investments (1,885) 0 (5,000)
Business acquisitions, net of cash acquired (130,669) 0 0
Other 0 (349) 0
Net cash used in investing activities (129,030) (324,516) (220,141)
Financing activities:      
Tax payment related to net share settlements on restricted stock awards (51,762) (22,916) 0
Repurchase of common stock 0 (26,552) 0
Excess tax benefit from stock-based compensation 1,990 1,421 928
Net cash (used in) provided by financing activities (49,772) (48,047) 928
Effects of foreign currency exchange rates on cash and cash equivalents (7,973) (1,120) (17,881)
Net increase (decrease) in cash and cash equivalents 144,654 (112,378) (24,280)
Cash and cash equivalents, beginning of year 798,742 911,120 935,400
Cash and cash equivalents, end of year 943,396 798,742 911,120
Supplemental data:      
Interest paid 7,628 7,626 7,657
Income taxes paid (refunded) $ 6,648 $ (26,223) $ 9,749