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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 70,782 $ 85,960
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred income taxes (7,051) (5,022)
Provision for bad debts, net 1,346 370
Unrealized losses on investment securities 870 386
Non-cash lease expense 7,527 5,845
Depreciation and amortization 19,143 4,171
Compensation expense – equity and liability classified share awards (Note 14) 40,607 34,290
Changes in operating assets and liabilities:    
Accounts receivable 10,645 17,244
Unbilled work in progress (3,854) 30,360
Other assets 1,398 1,815
Accrued salaries and bonuses (375,617) (254,850)
Accounts payable and accrued expenses and other (59,447) (2,970)
Deferred income 7,051 1,977
Income taxes (payable)/receivable 8,580 (9,669)
Net cash used in operating activities (278,020) (90,093)
Cash flows from investing activities:    
Purchases of investment securities (2,200) (19,596)
Sales or maturities of investment securities 74,887 179,971
Purchase of property and equipment, net (4,485) (1,403)
Net cash provided by investing activities 68,202 158,972
Cash flows from financing activities:    
Dividends paid (40,490) (31,205)
Share repurchases (40,724) (67,493)
Payments to settle employee tax obligations on share-based awards (42,121) (33,700)
Earnouts paid (904) (1,723)
Loans payable to former shareholders redeemed (2) (74)
Other financing activities 570 477
Net cash used in financing activities (123,671) (133,718)
Effects of exchange rate changes on cash, cash equivalents, and restricted cash (11,259) 182
Net decrease in cash, cash equivalents, and restricted cash (344,748) (64,657)
Cash, cash equivalents, and restricted cash – beginning of period 834,070 847,224
Cash, cash equivalents, and restricted cash – end of period 489,322 782,567
Supplemental disclosures of non-cash activities:    
Shares issued via vesting of liability classified awards 5,955 4,270
Cash paid during the period:    
Interest 30 243
Taxes, net of refunds $ 4,594 $ 36,407