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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net income $ 115,379 $ 85,531
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,263 5,175
Deferred income taxes 0 204
Stock-based compensation, net of amounts capitalized 51,339 34,958
Non-cash lease expense 904 951
Accretion of discount on marketable securities, net (4,687) (5,368)
Amortization of deferred contract costs 6,772 4,759
Impairment of long-lived assets 0 2,304
Other (114) (122)
Changes in operating assets and liabilities:    
Accounts receivable (985) (23,478)
Prepaid expenses and other assets 3,451 19,948
Deferred contract costs (4,549) (3,216)
Accounts payable, accrued expenses and other liabilities (2,333) (5,546)
Deferred revenue (14,268) (5,457)
Operating lease liabilities (1,127) (1,054)
Net cash provided by operating activities 156,045 109,589
Cash flows from investing activities    
Cash paid for acquisition, net of cash acquired (26,528) 0
Internal-use software development costs (4,335) (3,247)
Purchases of marketable securities (268,200) (367,808)
Maturities of marketable securities 270,031 417,913
Sales of marketable securities 0 7,241
Net cash provided by (used in) investing activities (29,032) 54,099
Cash flows from financing activities    
Proceeds from issuance of common stock upon exercise of stock options and common stock warrants 4,796 10,243
Proceeds from issuance of common stock in connection with the employee stock purchase plan 1,816 1,422
Taxes paid related to net share settlement of equity awards (24,493) (8,222)
Repurchase of common stock (144,248) (74,198)
Payment of contingent consideration related to a business combination (5,249) (5,470)
Net cash used in financing activities (167,378) (76,225)
Net increase (decrease) in cash and cash equivalents (40,365) 87,463
Cash and cash equivalents, beginning of period 209,614 96,785
Cash and cash equivalents, end of period 169,249 184,248
Supplemental disclosures of cash flow information    
Cash paid for taxes, net of refunds 19,347 21,985
Non-cash financing and investing activities    
Equity awards included in purchase consideration $ 9,550 $ 0