XML 17 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
[1]
Mar. 31, 2018
Operating activities:          
Net income $ 179,948 $ 25,140 $ 277,007 $ 82,680  
Adjustments to reconcile net income to net cash provided by operating activities:          
Amortization and impairment of software development costs and licenses     160,167 62,235  
Depreciation     28,769 23,233  
Amortization and impairment of intellectual property     17,785 26,470  
Impairment of in-process research and development     0 11,257  
Stock-based compensation     178,609 96,111  
Amortization of discount on Convertible Notes     91 15,424  
Gain on conversions of Convertible Notes     0 (4,855)  
Amortization of debt issuance costs     88 554  
Other, net     (4,091) 3,432  
Changes in assets and liabilities, net of impact of adoption of Topic 606:          
Accounts receivable     (525,981) (206,084)  
Inventory     (26,352) (12,976)  
Software development costs and licenses     (157,710) (186,373)  
Prepaid expenses and other assets     (142,918) (39,133)  
Deferred revenue     328,325 238,590  
Deferred cost of goods sold     (37,281) (33,578)  
Accounts payable, accrued expenses and other liabilities     293,691 164,086  
Net cash provided by operating activities     390,199 241,073  
Investing activities:          
Change in bank time deposits     64,101 10,000  
Proceeds from available-for-sale securities     184,542 172,925  
Purchases of available-for-sale securities     (179,570) (282,596)  
Purchases of fixed assets     (43,646) (47,478)  
Asset acquisition     0 (25,965)  
Business acquisition     (3,149) (9,401)  
Net cash provided by (used in) investing activities     22,278 (182,515)  
Financing activities:          
Tax payment related to net share settlements on restricted stock awards     (85,837) (94,930)  
Repurchase of common stock     (262,392) (110,136)  
Net cash used in financing activities     (348,229) (205,066)  
Effects of foreign currency exchange rates on cash and cash equivalents     (15,124) 14,555  
Net change in cash, cash equivalents, and restricted cash     49,124 (131,953)  
Cash, cash equivalents, and restricted cash, beginning of year     1,246,371 1,281,214 $ 1,281,214 [1]
Cash, cash equivalents, and restricted cash, end of period $ 1,295,495 $ 1,149,261 [1] $ 1,295,495 $ 1,149,261 $ 1,246,371
[1] Prior period amounts have been adjusted retrospectively to reflect the adoption of ASU 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash. Refer to Note 1 for further discussion.