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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income $ 38,620 $ 38,188
Adjustments to reconcile net income to cash provided by operations:    
Depreciation 4,305 3,916
Amortization 9,672 9,681
Share-based compensation 57,657 40,518
Deferred income taxes (22,649) (19,327)
Other 1,601 (154)
Net change in operating assets and liabilities:    
Accounts receivable 355,441 204,228
Deferred commissions 2,121 8,545
Prepaid expenses and other assets (8,064) (16,426)
Accounts payable and accrued expenses (78,265) (39,641)
Operating leases, net 1,791 277
Deferred revenue (131,489) (95,902)
Net cash provided by operating activities 230,741 133,903
Cash flows from investing activities:    
Purchase of property and equipment (3,359) (10,267)
Acquisition of a business, net of cash acquired (100) 0
Purchases of investments (40,886) 0
Proceeds from sales and maturities of investments 8,750 0
Net cash used in investing activities (35,595) (10,267)
Cash flows from financing activities:    
Payments of deferred consideration related to capitalized software additions (552) 0
Proceeds from employee stock purchase plan 10,389 9,584
Proceeds from exercise of stock options 4,215 13,190
Repurchases of common stock (48,556) 0
Taxes paid related to net share settlement of equity awards (8,306) 0
Net cash (used in) provided by financing activities (42,810) 22,774
Effect of exchange rates on cash and cash equivalents (1,004) (1,055)
Net increase in cash and cash equivalents 151,332 145,355
Cash and cash equivalents, beginning of period 778,983 555,348
Cash and cash equivalents, end of period 930,315 700,703
Supplemental cash flow data:    
Cash paid for interest 184 212
Cash paid for tax, net $ 24,918 $ 13,151

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