v3.20.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net income (loss) $ 30,344 $ (466,489)
Adjustments to reconcile net income (loss) to cash provided by (used in) operations:    
Depreciation 3,797 3,971
Amortization 26,032 29,810
Share-based compensation 27,503 196,171
Deferred income taxes (3,160) (48,566)
Other 802 3,450
Net change in operating assets and liabilities:    
Accounts receivable 49,353 29,578
Deferred commissions 1,250 (2,196)
Prepaid expenses and other assets (4,944) (519)
Accounts payable and accrued expenses (7,862) 27,101
Operating leases, net 523  
Deferred revenue (62,789) 9,461
Net cash provided by (used in) operating activities 60,849 (218,228)
Cash flows from investing activities:    
Purchase of property and equipment (6,400) (9,758)
Capitalized software additions (184) (564)
Net cash used in investing activities (6,584) (10,322)
Cash flows from financing activities:    
Proceeds from initial public offering, net of underwriters' discounts and commissions 0 590,297
Settlement of deferred offering costs 0 (5,000)
Repayment of term loans (30,000) (455,189)
Contribution for tax associated with reorganization 0 265,000
Proceeds from employee stock purchase plan 3,592 0
Proceeds from exercise of stock options 4,829 0
Equity repurchases (25) (145)
Installments related to acquisition 0 (4,694)
Net cash (used in) provided by financing activities (21,604) 390,269
Effect of exchange rates on cash and cash equivalents 2,606 (1,337)
Net increase in cash and cash equivalents 35,267 160,382
Cash and cash equivalents, beginning of period 213,170 51,314
Cash and cash equivalents, end of period 248,437 211,696
Supplemental cash flow data:    
Cash paid for interest 6,923 27,391
Cash paid for tax 22,545 264,072
Non-cash financing activities:    
Reclassification of related party payable upon reorganization $ 0 $ (600,622)

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