| Mar'20 | Mar'19 | Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 | Mar'12 | Mar'11 | Mar'10 | Mar'09 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | |||||||||||
Net income (loss) | |||||||||||
-5,645 | 3,561 | -61,900 | -508 | 1,720 | 25,650 | 64,064 | 53,209 | 31,940 | 21,004 | 18,405 | 12,328 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
17,065 | 12,060 | 11,785 | 10,232 | 11,179 | 9,046 | 6,207 | 4,939 | 4,484 | 3,906 | 3,630 | 3,691 |
Noncash stock-based compensation | |||||||||||
65,888 | 80,487 | 74,129 | 73,928 | 64,196 | 60,663 | 49,124 | 30,098 | 21,426 | 15,623 | 14,912 | 11,299 |
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability | |||||||||||
-3,783 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Excess tax benefits from stock-based compensation | |||||||||||
- | - | - | 6,242 | 6,664 | 5,057 | 28,337 | 23,080 | 16,009 | 7,044 | 3,395 | 469 |
Deferred income taxes | |||||||||||
-1,783 | 164 | 53,737 | -11,468 | -8,805 | 4,072 | -6,430 | -2,094 | -4,993 | 7,798 | 6,471 | 3,883 |
Equity in loss of affiliate | |||||||||||
0 | 0 | -3,621 | -958 | -83 | 0 | 0 | - | - | - | - | - |
Amortization of deferred commissions cost | |||||||||||
17,717 | 17,348 | 16,587 | 16,065 | 11,234 | - | - | - | - | - | - | - |
Impairment of operating lease assets | |||||||||||
2,761 | - | - | - | - | - | - | - | - | - | - | - |
Changes in operating assets and liabilities: | |||||||||||
Trade accounts receivable | |||||||||||
-26,096 | 24,092 | 25,082 | 16,372 | -1,760 | 6,581 | 33,482 | 17,939 | -5,419 | 14,206 | 11,801 | 3,890 |
Operating lease assets and liabilities, net | |||||||||||
-1,226 | - | - | - | - | - | - | - | - | - | - | - |
Prepaid expenses and other current assets | |||||||||||
- | - | - | - | - | - | -3,948 | 2,684 | 4,198 | 3,756 | 786 | 498 |
Other current assets and Other assets | |||||||||||
1,246 | -11,400 | 6,876 | 55 | -3,867 | 10,678 | 160 | 1,844 | 3,720 | 314 | 97 | 473 |
Deferred commissions cost | |||||||||||
16,063 | 18,967 | 17,984 | 18,393 | 12,868 | - | - | - | - | - | - | - |
Accounts payable | |||||||||||
-2,474 | 1,485 | 618 | -190 | -454 | -267 | -2,695 | 2,036 | 204 | -261 | 27 | -264 |
Accrued liabilities | |||||||||||
-1,997 | 5,075 | 3,496 | 15,088 | 1,972 | 13,221 | 43,187 | 32,358 | 29,038 | 13,469 | 8,757 | 1,924 |
Deferred revenue | |||||||||||
-6,230 | 21,719 | 33,971 | 36,666 | 16,935 | 35,818 | 25,156 | 38,041 | 35,599 | 17,892 | 19,967 | 15,154 |
Other liabilities | |||||||||||
-616 | -60 | -1,933 | 330 | 258 | -2,040 | -1,445 | -357 | 810 | -1,701 | 1,157 | 424 |
Net cash provided by operating activities | |||||||||||
88,464 | 110,180 | 84,169 | 100,039 | 84,413 | 123,847 | 119,137 | 112,683 | 100,000 | 52,410 | 57,247 | 43,109 |
Cash flows from investing activities | |||||||||||
Purchase of short-term investments | |||||||||||
43,645 | 130,338 | 142,424 | 96,306 | 99,071 | 68,933 | 28,976 | 1,948 | 3,146 | 2,751 | 5,293 | - |
Proceeds from maturity of short-term investments | |||||||||||
130,338 | 131,637 | 131,480 | 74,685 | 49,935 | 43,973 | 5,948 | 3,146 | 1,150 | 6,644 | 250 | - |
Purchase of equity method investment | |||||||||||
- | - | - | - | 4,662 | 0 | 0 | - | - | - | - | - |
Purchases for corporate campus headquarters | |||||||||||
- | - | - | - | 2,111 | 59,297 | 62,214 | 9,209 | 0 | - | - | - |
Purchase of property and equipment | |||||||||||
3,203 | 6,560 | 7,047 | 6,424 | 6,280 | 5,784 | 4,916 | 7,821 | 5,796 | 3,865 | 3,370 | 4,539 |
Payments to Acquire Businesses, Net of Cash Acquired | |||||||||||
157,495 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Net cash used in investing activities | |||||||||||
-74,005 | -5,261 | -17,991 | -28,045 | -62,189 | -90,041 | -90,158 | -15,832 | -7,792 | 28 | -8,413 | -4,539 |
Cash flows from financing activities | |||||||||||
Repurchase of common stock | |||||||||||
77,198 | 132,697 | 112,218 | 49,998 | 91,477 | 155,125 | 50,030 | 0 | 45,639 | 31,506 | - | 25,229 |
Debt issuance costs | |||||||||||
- | - | - | - | - | 1,262 | 0 | 0 | - | - | - | 104 |
Proceeds from stock-based compensation plans | |||||||||||
37,795 | 41,984 | 30,114 | 21,321 | 14,843 | 17,690 | 17,615 | 18,128 | 18,123 | 17,158 | 10,284 | 2,726 |
Excess tax benefits from stock-based compensation | |||||||||||
- | - | - | 6,242 | 6,664 | 5,057 | 28,337 | 23,080 | 16,009 | 7,044 | 3,395 | 469 |
Net cash used in financing activities | |||||||||||
-39,403 | -90,713 | -82,104 | -22,435 | -69,970 | -133,640 | -4,078 | 41,208 | -11,507 | -7,304 | 13,679 | -22,138 |
Effects of exchange rate — changes in cash | |||||||||||
-6,966 | -16,998 | 17,219 | -8,175 | -1,820 | -20,226 | -1,132 | -1,183 | -783 | 2,518 | 1,800 | -2,888 |
Net increase (decrease) in cash, cash equivalents and restricted cash | |||||||||||
-31,910 | -2,792 | 1,293 | 41,384 | -49,566 | -120,060 | 23,769 | 136,876 | 79,918 | 47,652 | 64,313 | 13,544 |
Supplemental disclosures of cash flow information | |||||||||||
Interest paid | |||||||||||
0 | 0 | 592 | 680 | 635 | 475 | 0 | 0 | 57 | 106 | 106 | 175 |
Income taxes paid | |||||||||||
6,002 | 11,491 | 6,448 | 5,413 | 1,989 | 15,590 | 12,442 | 5,612 | 9,680 | 3,894 | 4,130 | 4,801 |
Purchases for corporate campus headquarters in accounts payable and accrued liabilities | |||||||||||
- | - | - | - | - | 2,111 | 6,805 | 953 | 0 | - | - | - |