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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 47,955 $ 38,620
Adjustments to reconcile net income to cash provided by operations:    
Depreciation 5,095 4,305
Amortization 1,366 9,672
Share-based compensation 71,895 57,657
Deferred income taxes 3,750 (22,649)
Other (7,051) 1,601
Net change in operating assets and liabilities:    
Accounts receivable 343,732 355,441
Deferred commissions 2,727 2,121
Prepaid expenses and other assets (8,840) (8,064)
Accounts payable and accrued expenses (73,110) (78,265)
Operating leases, net 605 1,791
Deferred revenue (118,432) (131,489)
Net cash provided by operating activities 269,692 230,741
Cash flows from investing activities:    
Purchase of property and equipment (7,482) (3,359)
Capitalized software additions (194) 0
Acquisition of a business, net of cash acquired 0 (100)
Purchases of investments (28,824) (40,886)
Proceeds from sales and maturities of investments 28,052 8,750
Net cash used in investing activities (8,448) (35,595)
Cash flows from financing activities:    
Payments of deferred consideration related to acquisition of a business (2,210) 0
Payments of deferred consideration related to capitalized software additions (552) (552)
Proceeds from employee stock purchase plan 11,871 10,389
Proceeds from exercise of stock options 2,415 4,215
Repurchases of common stock (45,031) (48,556)
Taxes paid related to net share settlement of equity awards (10,347) (8,306)
Net cash used in financing activities (43,854) (42,810)
Effect of exchange rates on cash and cash equivalents 12,952 (1,004)
Net increase in cash and cash equivalents 230,342 151,332
Cash and cash equivalents, beginning of period 1,017,039 778,983
Cash and cash equivalents, end of period 1,247,381 930,315
Supplemental cash flow data:    
Cash paid for interest 181 184
Cash paid for tax, net $ 30,548 $ 24,918

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