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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 loss $ (88,739) $ (104,497) $ (4,751)
Adjustments to reconcile net loss to net cash provided by operating activities      
Depreciation 8,748 8,171 6,084
Amortization of intangibles 6,175 5,033 3,762
Impairment of goodwill and long-lived assets 0 9,469 15
Amortization of capitalized software 9,748 2,513 591
Amortization of debt discount and issuance costs 1,355 0 0
Amortization of deferred sales commission costs 14,204 0 0
Non-cash lease expense 4,802 0 0
Stock-based compensation expense 44,508 29,176 21,462
Tax benefit from stock-based compensation expense 0 0 (486)
Deferred income tax expense (benefit) 0 66,273 (411)
Gain on escrow settlement 0 (1,393) 0
Other 1,293 677 1,196
Changes in assets and liabilities:      
Accounts receivable (5,393) (2,402) (4,799)
Deferred sales commission costs (25,286) 0 0
Other current and noncurrent assets (4,337) (3,149) (2,515)
Accounts payable and accruals 17,252 11,860 8,135
Deferred revenue 802 310 195
Net cash (used in) provided by operating activities (14,868) 22,041 28,478
Cash flows from investing activities:      
Purchases of property and equipment (9,096) (9,178) (8,851)
Cost of capitalized software (25,622) (12,486) (5,516)
Proceeds from escrow settlement 0 1,393 0
Purchases of investments (54,127) (115,224) (140,026)
Sales of investments 54,642 27,841 41,288
Proceeds from maturities of investments 50,700 100,382 93,795
Acquisition of businesses, net of cash acquired (5,625) 0 (2,884)
Net cash provided by (used in) investing activities 10,872 (7,272) (22,194)
Cash flows from financing activities:      
Capital lease payments (949) (1,079) (674)
Payment of contingent consideration 0 (150) (300)
Repurchase of common stock, including for withholding taxes (7,823) (22,440) (3,003)
Tax benefit from stock-based compensation expense 0 0 486
Proceeds from issuance of common stock under employee stock plans 12,202 7,229 5,087
Purchases of capped call (33,724) 0 0
Net proceeds from issuance of convertible senior notes 279,532 0 0
Net cash provided by (used in) financing activities 249,238 (16,440) 1,596
Effect of exchange rate changes on cash (362) 444 (426)
Net increase (decrease) in cash and cash equivalents 244,880 (1,227) 7,454
Cash, cash equivalents and restricted cash, beginning of year 39,803 41,030 33,576
Cash, cash equivalents and restricted cash, end of year 284,683 39,803 41,030
Supplemental and non-cash disclosures:      
Equipment acquired under capital leases 68 765 1,152
Interest paid 0 36 16
Income taxes paid $ 356 $ 38 $ 460