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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:    
Net income (loss) $ (4,044) $ 1,743
Adjustments to reconcile net income (loss) to net cash provided by operating activites:    
Depreciation 3,598 2,513
Amortization of intangible assets 2,565 1,687
Impairment of long-lived assets 640 0
Amortization of capitalized software 456 255
Net accretion of discount and amortization of premium on marketable securities 584 659
Stock-based compensation 11,202 6,489
Deferred income tax provision 361 2,444
Other 467 268
Changes in assets and liabilities:    
Accounts receivable, net (3,138) (2,062)
Inventory (122) 235
Other current and noncurrent assets (1,699) (505)
Deferred cost of goods sold (156) (179)
Accounts payable 674 (736)
Accrued compensation 3,351 2,044
Accrued warranty (17) (237)
Accrued taxes and fees 1,837 561
Deferred revenue (427) (840)
Other current and noncurrent liabilities (748) (564)
Net cash provided by operating activities 15,384 13,775
Cash flows from investing activities:    
Purchases of property and equipment (3,295) (4,523)
Purchase of businesses, net of cash acquired (23,434) 0
Cost of capitalized software (1,275) (456)
Proceeds from maturity of investments 38,451 31,400
Sales of investments - available for sale 43,934 29,580
Purchase of investments - available for sale (90,025) (77,821)
Net cash used in investing activities (35,644) (21,820)
Cash flows from financing activities:    
Capital lease payments (321) (115)
Payment of contingent consideration (200) 0
Repurchase of common stock (11,628) (1,723)
Proceeds from issuance of common stock under employee stock plans 2,848 2,666
Net cash (used in) provided by financing activities (9,301) 828
Effect of exchange rate changes on cash 317 656
Net decrease in cash and cash equivalents (29,244) (6,561)
Cash and cash equivalents at the beginning of the period 53,110 59,159
Cash and cash equivalents at the end of the period 23,866 52,598
Supplemental cash flow information    
Income taxes paid 441 181
Interest paid $ 30 $ 25