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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2018
Operating activities:      
Net income $ 404,459 $ 333,837 [1] $ 173,533 [1]
Adjustments to reconcile net income to net cash provided by operating activities:      
Amortization and impairment of software development costs and licenses 167,925 201,221 [1] 77,887 [1]
Stock-based compensation 257,881 247,700 [1] 116,349 [1]
Amortization of intellectual property 20,990 23,879 [1] 34,830 [1]
Depreciation 47,628 39,726 [1] 32,202 [1]
Amortization of discount on Convertible Notes 0 91 [1] 15,662 [1]
Impairment of in-process research and development 0 0 [1] 11,257 [1]
Deferred income taxes (3,486) 110,603 [1] (32,523) [1]
Impairment of long-term investments 5,333 0 0
Gain on redemption of Convertible Notes 0 0 [1] (4,900) [1]
Other, net 3,741 584 [1] 6,953 [1]
Changes in assets and liabilities:      
Accounts receivable (195,484) (98,075) [1] (26,998) [1]
Inventory 8,489 (14,403) [1] 3,917 [1]
Software development costs and licenses (48,434) (206,831) [1] (225,269) [1]
Prepaid expenses, other current and other non-current assets (259,817) (275,800) [1] (74,544) [1]
Deferred revenue (55,460) 304,713 [1] 198,397 [1]
Deferred cost of goods sold 32,180 (24,882) [1] (11,959) [1]
Accounts payable, accrued expenses and other liabilities 299,733 201,152 [1] 198,733 [1]
Net cash provided by operating activities 685,678 843,515 [1] 493,527 [1]
Investing activities:      
Change in bank time deposits 196,720 (171,057) [1] (40,918) [1]
Proceeds from available-for-sale securities 400,635 325,133 [1] 241,012 [1]
Purchases of available-for-sale securities (499,991) (282,534) [1] (369,998) [1]
Purchases of fixed assets (53,384) (66,969) [1] (61,557) [1]
Purchase of long-term investments (27,891) 0 [1] (5,000) [1]
Business acquisitions, net of cash acquired (12,040) (28,149) [1] (9,401) [1]
Asset acquisition 0 0 [1] (25,965) [1]
Net cash provided by (used in) investing activities 4,049 (223,576) [1] (271,827) [1]
Financing activities:      
Tax payment related to net share settlements on restricted stock awards (87,968) (101,293) [1] (112,884) [1]
Repurchase of common stock 0 (362,392) [1] (154,792) [1]
Issuance of common stock 10,515 0 [1] 0 [1]
Other 0 0 [1] (13,791) [1]
Net cash used in financing activities (77,453) (463,685) [1] (281,467) [1]
Effects of foreign currency exchange rates on cash, cash equivalents, and restricted cash and cash equivalents (10,868) (10,639) [1] 24,924 [1]
Net change in cash, cash equivalents, and restricted cash and cash equivalents 601,406 145,615 [1] (34,843) [1]
Cash, cash equivalents, and restricted cash and cash equivalents, beginning of year [1] 1,391,986 1,246,371 1,281,214
Cash, cash equivalents, and restricted cash equivalents, end of year 1,993,392 1,391,986 [1] 1,246,371 [1]
Supplemental data:      
Interest paid 4,750 5,265 [1] 4,121 [1]
Income taxes paid $ 27,998 $ 19,280 [1] $ 8,790 [1]
[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.