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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net income $ 23,496 $ 18,527
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,692 1,957
Noncash stock-based compensation 30,180 26,404
Noncash change in fair value of equity securities (61) (70)
Noncash adjustment on headquarters sale leaseback 495 0
Noncash change in fair value of contingent consideration (545) 0
Noncash operating lease expense 1,636 1,579
Deferred income taxes 3,908 (4,794)
Amortization of deferred commissions cost 10,989 7,458
Changes in operating assets and liabilities:    
Trade accounts receivable, net 3,748 19,681
Operating lease liabilities (1,908) (2,302)
Other current assets and Other assets 2,378 (2,203)
Deferred commissions cost (15,072) (8,269)
Accounts payable (320) 129
Accrued liabilities (47,260) (23,011)
Deferred revenue 17,440 9,438
Other liabilities (115) 168
Net cash provided by operating activities 31,681 44,692
Cash flows from investing activities    
Purchase of property and equipment (1,879) (863)
Purchase of equity securities (6,144) (473)
Proceeds from sale of headquarters, net 34,849 0
Business combination, net of cash acquired 0 (21,000)
Net cash provided by (used in) investing activities 26,826 (22,336)
Cash flows from financing activities    
Repurchase of common stock (15,050) (51,392)
Proceeds from stock-based compensation plans 0 5,340
Payment of debt issuance costs (1,846) 0
Payment of financial liability (12) 0
Net cash used in financing activities (16,908) (46,052)
Effects of exchange rate — changes in cash 19,532 (1,187)
Net increase (decrease) in cash and cash equivalents 61,131 (24,883)
Cash and cash equivalents at beginning of period 302,103 312,754
Cash and cash equivalents at end of period 363,234 287,871
Supplemental disclosures of noncash activities    
Issuance of common stock for business combination 0 4,900
Operating lease liabilities arising from obtaining right-of-use assets $ 20,252 $ 1,968