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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net income $ 38,226 $ 34,092
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 5,673 3,999
Noncash stock-based compensation 62,404 52,807
Noncash operating lease expense 3,410 2,948
Noncash change in fair value of equity securities (199) (135)
Noncash change in fair value of contingent consideration (545) 0
Noncash adjustment on headquarters sale leaseback 495 0
Noncash impairment charges 0 2,910
Deferred income taxes 9,576 (8,483)
Amortization of deferred commissions cost 22,210 15,477
Changes in operating assets and liabilities:    
Trade accounts receivable, net 24,006 23,113
Operating lease liabilities (3,647) (3,973)
Other current assets and Other assets (5,903) (4,342)
Deferred commissions cost (28,784) (17,420)
Accounts payable (88) (205)
Accrued liabilities (45,230) (11,832)
Deferred revenue 27,953 11,830
Other liabilities (1,107) (505)
Net cash provided by operating activities 108,450 100,281
Cash flows from investing activities    
Purchase of property and equipment (5,066) (2,711)
Purchase of equity securities (6,626) (581)
Proceeds from sale of headquarters, net 34,849 0
Business combination, net of cash acquired (26,015) (21,000)
Net cash used in investing activities (2,858) (24,292)
Cash flows from financing activities    
Repurchase of common stock (146,073) (103,295)
Proceeds from stock-based compensation plans 6,974 11,100
Proceeds from issuance of convertible notes 900,000 0
Purchase of capped calls (99,630) 0
Payment of debt issuance costs (22,242) 0
Other (30) 0
Net cash provided by (used in) financing activities 638,999 (92,195)
Effects of exchange rate — changes in cash 16,861 6,523
Net increase (decrease) in cash and cash equivalents 761,452 (9,683)
Cash and cash equivalents at beginning of period 302,103 312,754
Cash and cash equivalents at end of period 1,063,555 303,071
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 22,165 4,467
Debt issuance costs accrued but not paid, included in accrued liabilities $ 984 $ 0