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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Mar. 31, 2024
Current assets:    
Cash and cash equivalents $ 111,442 $ 96,785
Marketable securities 639,046 666,115
Accounts receivable, net of allowance for doubtful accounts of $1,597 and $1,893 at June 30, 2024 and March 31, 2024, respectively 120,910 101,332
Prepaid expenses and other current assets 37,068 48,709
Total current assets 908,466 912,941
Property and equipment, net 12,869 12,318
Deferred income tax assets 44,742 45,068
Operating lease right-of-use assets 11,852 12,332
Intangible assets, net 26,256 27,317
Goodwill 67,940 67,940
Other assets 1,333 1,458
Total assets 1,073,458 1,079,374
Current liabilities:    
Accounts payable 1,656 2,253
Accrued expenses and other current liabilities 28,488 43,703
Deferred revenue, current 102,943 99,145
Operating lease liabilities, current 2,190 2,149
Total current liabilities 135,277 147,250
Deferred revenue, non-current 116 211
Operating lease liabilities, non-current 11,841 12,397
Contingent earn-out consideration liability, non-current 5,349 10,895
Other liabilities, non-current 7,295 7,224
Total liabilities 159,878 177,977
Commitments and contingencies (Note 11)
Stockholders' Equity    
Preferred stock, $0.001 par value; 100,000 shares authorized as of June 30, 2024 and March 31, 2024, respectively; zero shares issued and outstanding as of June 30, 2024 and March 31, 2024, respectively 0 0
Class A and Class B common stock, $0.001 par value; 1,500,000 shares authorized as of June 30, 2024 and March 31, 2024, respectively; 185,704 and 186,562 shares issued and outstanding as of June 30, 2024 and March 31, 2024, respectively 186 187
Additional paid-in capital 841,470 823,885
Accumulated other comprehensive loss (1,008) (2,664)
Retained earnings 72,932 79,989
Total stockholders’ equity 913,580 901,397
Total liabilities and stockholders’ equity $ 1,073,458 $ 1,079,374