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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:      
Net earnings $ 1,028,547 $ 23,480 $ 4,108
Earnings from discontinued operations, net of tax (1,162,494) (90,779) (89,684)
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Depreciation and amortization 33,782 37,647 31,963
Loss on disposal or impairment of assets 3,460 2,891 2,726
Provision for doubtful accounts 3,069 1,214 296
Impairment of goodwill and other assets 0 720 0
Deferred income taxes 9,894 (27,798) (11,107)
Non-cash stock-based compensation expense 102,722 52,867 39,408
Changes in operating assets and liabilities:      
Accounts receivable, net (44,411) (13,703) (10,067)
Deferred commissions (4,298) 0 0
Other assets (3,106) 562 (3,155)
Accounts payable and other liabilities 25,308 (3,219) 812
Income taxes 5,087 2,310 9,121
Deferred revenue 462    
Deferred revenue   (282) (309)
Net cash provided by (used in) operating activities (1,978) (14,090) (25,888)
Cash flows from investing activities:      
Capitalized software development costs (1,322) (3,266) (5,363)
Capital expenditures (7,320) (9,375) (23,110)
Proceeds from sales of assets 0 0 25,494
Equity investments (2,500) (1,000) (1,000)
Cash paid in acquisitions, net of cash acquired 0 (4,478) (137,383)
Net cash received in dispositions 0 4,000 16,988
Net cash used in investing activities (11,142) (14,119) (124,374)
Cash flows from financing activities:      
Proceeds from debt 0 230,000 70,000
Payments of debt (233,293) (227,320) (32,243)
Fees for debt refinancing (300) (4,001) 0
Sale of common stock 20,419 19,727 21,130
Shares repurchased for tax withholdings upon vesting of stock-based awards (50,520) (11,062) (5,421)
Excess tax benefits from stock-based compensation 0 0 2,852
Acquisition of treasury stock (74,421) (88,884) (30,542)
Acquisition of treasury stock from tender offer (503,393) 0 0
Net cash used in financing activities (841,508) (81,540) 25,776
Net cash used in continuing operations (854,628) (109,749) (124,486)
Cash flows from discontinued operations:      
From operating activities (458,525) 125,645 141,016
From investing activities 2,236,530 (46,202) (34,878)
Effect of exchange rate changes on cash (172) 206 (68)
Net cash provided by discontinued operations 1,777,833 79,649 106,070
Net cash used in continuing and discontinued operations 923,205 (30,100) (18,416)
Effect of exchange rate changes on cash (1,750) 1,438 (1,572)
Net change in cash and cash equivalents 921,455 (28,662) (19,988)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning Balance 140,018 168,680 188,668
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Ending Balance 1,061,473 140,018 168,680
Cash paid during the period for:      
Income taxes (439,542) (1,236) (6,866)
Non-cash investing and financing activities:      
Leasehold improvements paid directly by lessor $ 0 $ 505 $ 0