v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net Income (Loss) Attributable to Parent $ 82,628 $ 73,997
Adjustments to reconcile net income to cash provided by operations:    
Depreciation 8,635 7,890
Amortization 19,356 19,207
Share-based compensation 129,360 98,476
Deferred income taxes (39,059) (35,166)
Other 3,133 3,019
Net change in operating assets and liabilities:    
Accounts receivable 300,077 177,689
Deferred commissions (7,166) 8,978
Prepaid expenses and other assets (14,073) (22,909)
Accounts payable and accrued expenses (30,479) (33,246)
Operating leases, net 1,465 1,333
Deferred revenue (199,486) (128,488)
Net cash provided by operating activities 254,391 170,780
Cash flows from investing activities:    
Purchase of property and equipment (6,871) (13,017)
Acquisition of a business, net of cash acquired (100) (32,391)
Purchases of investments (80,024) 0
Proceeds from sales and maturities of investments 40,375 0
Net cash used in investing activities (46,620) (45,408)
Cash flows from financing activities:    
Payments of deferred consideration related to capitalized software additions (1,656) 0
Proceeds from employee stock purchase plan 10,389 9,584
Proceeds from exercise of stock options 8,773 16,619
Repurchases of common stock (90,107) 0
Taxes paid related to net share settlement of equity awards (11,966) 0
Net cash (used in) provided by financing activities (84,567) 26,203
Effect of exchange rates on cash and cash equivalents 4,990 (5,399)
Net increase in cash and cash equivalents 128,194 146,176
Cash and cash equivalents, beginning of period 778,983 555,348
Cash and cash equivalents, end of period 907,177 701,524
Supplemental cash flow data:    
Cash paid for interest 365 420
Cash paid for tax, net $ 55,452 $ 41,804

Source

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