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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities    
Net income $ 160,727 $ 106,964
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 7,830 7,717
Deferred income taxes 2,196 0
Stock-based compensation, net of amounts capitalized 54,326 39,219
Non-cash lease expense 1,392 1,599
Accretion of discount on marketable securities, net (8,736) (3,477)
Amortization of deferred contract costs 6,544 6,278
Impairment of long-lived assets 2,304 0
Other 289 1,627
Changes in operating assets and liabilities:    
Accounts receivable (36,464) 8,509
Prepaid expenses and other assets 21,251 (3,981)
Deferred contract costs (9,069) (6,925)
Accounts payable, accrued expenses and other liabilities 3,872 2,366
Deferred revenue (30,085) (38,576)
Operating lease liabilities (1,599) (1,168)
Net cash provided by operating activities 174,778 120,152
Cash flows from investing activities    
Purchases of property and equipment 0 (147)
Internal-use software development costs (5,018) (4,020)
Purchases of marketable securities (531,833) (281,338)
Maturities of marketable securities 517,221 318,186
Sales of marketable securities 14,805 74,675
Net cash provided by (used in) investing activities (4,825) 107,356
Cash flows from financing activities    
Proceeds from issuance of common stock upon exercise of stock options and common stock warrants 13,905 9,758
Proceeds from issuance of common stock in connection with the employee stock purchase plan 1,422 1,494
Taxes paid related to net share settlement of equity awards (16,329) (5,332)
Repurchase of common stock (93,505) (262,976)
Payment of contingent consideration related to a business combination (5,470) (5,390)
Payment of excise taxes on share repurchases (1,491) 0
Net cash used in financing activities (101,468) (262,446)
Net increase (decrease) in cash and cash equivalents 68,485 (34,938)
Cash and cash equivalents, beginning of period 96,785 158,027
Cash and cash equivalents, end of period 165,270 123,089
Supplemental disclosures of cash flow information    
Cash paid for taxes, net of refunds 35,814 38,363
Non-cash financing and investing activities    
Capitalized stock-based compensation for internal-use software development costs 1,398 756
Excise tax payable on share repurchases $ 0 $ 1,601