v3.22.2.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income $ 12,640 $ 36,935
Adjustments to reconcile net income to cash provided by operations:    
Depreciation 5,746 5,049
Amortization 21,068 23,057
Share-based compensation 69,349 44,827
Other 4,484 1,010
Net change in operating assets and liabilities:    
Accounts receivable 153,512 92,314
Deferred commissions (3,618) (6,347)
Prepaid expenses and other assets 25,128 (16,456)
Accounts payable and accrued expenses (14,428) (9,118)
Operating leases, net 44 401
Deferred revenue (101,429) (69,904)
Net cash provided by operating activities 172,496 101,768
Cash flows from investing activities:    
Purchase of property and equipment (11,237) (7,612)
Acquisition of businesses, net of cash acquired 0 (13,004)
Net cash used in investing activities (11,237) (20,616)
Cash flows from financing activities:    
Repayment of term loans (60,000) (60,000)
Proceeds from employee stock purchase plan 8,627 6,593
Proceeds from exercise of stock options 4,332 18,339
Equity repurchases (15) (30)
Net cash used in financing activities (47,056) (35,098)
Effect of exchange rates on cash and cash equivalents (13,740) (697)
Net increase in cash and cash equivalents 100,463 45,357
Cash and cash equivalents, beginning of period 462,967 324,962
Cash and cash equivalents, end of period 563,430 370,319
Supplemental cash flow data:    
Cash paid for interest 4,743 4,560
Cash (received from) paid for tax, net $ (23,567) $ 12,382

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