| Mar'20 | Mar'19 | Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 |
|---|---|---|---|---|---|---|
Operating activities | ||||||
Net loss | ||||||
-2,200 | -7,001 | -12,386 | -5,441 | -3,244 | 285 | -16,890 |
Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
32,245 | 29,953 | 18,960 | 11,881 | 10,527 | 11,028 | 8,958 |
Share-based compensation expense | ||||||
39,544 | 25,954 | 11,734 | 10,294 | 7,886 | 5,426 | 1,232 |
Amortization of deferred contract costs | ||||||
9,587 | 6,390 | - | - | - | - | - |
Amortization of debt issuance costs | ||||||
501 | 336 | - | - | - | - | - |
Amortization of operating lease right-of-use assets | ||||||
31,940 | - | - | - | - | - | - |
Provision for doubtful accounts | ||||||
- | - | - | - | 91 | 133 | 23 |
Impairment of long-lived assets | ||||||
0 | 0 | 1,700 | 0 | 0 | - | - |
Other non-cash items | ||||||
54 | 400 | -365 | -128 | 106 | 110 | 91 |
Loss (gain) on disposal of fixed assets | ||||||
- | - | - | - | 5 | 16 | -69 |
Unrealized currency losses on foreign denominated transactions | ||||||
-1,567 | -880 | -2,958 | 6,496 | 988 | 4,052 | -2,264 |
Changes in assets and liabilities: | ||||||
Accounts receivable | ||||||
20,467 | 18,771 | 17,935 | 11,663 | 9,820 | 4,334 | 6,563 |
Prepaid expenses and other current assets | ||||||
-8,808 | 2,046 | 5,037 | 2,752 | 2,191 | -684 | 354 |
Deferred contract costs | ||||||
22,751 | 20,219 | - | - | - | - | - |
Other assets | ||||||
1,161 | 2,045 | -33 | -1,861 | 437 | 206 | 1,674 |
Accounts payable | ||||||
4,215 | 2,093 | -104 | 758 | -542 | -38 | 144 |
Deferred revenue | ||||||
38,457 | 45,901 | 39,042 | 29,072 | 18,588 | 11,378 | 8,786 |
Operating lease liabilities | ||||||
-25,941 | - | - | - | - | - | - |
Accrued expenses and other liabilities | ||||||
-3,752 | 5,210 | 7,070 | 4,872 | 4,672 | 2,849 | 2,947 |
Net cash provided by operating activities | ||||||
90,538 | 66,235 | 46,412 | 32,514 | 24,643 | 23,247 | -967 |
Investing activities | ||||||
Purchases of strategic investments | ||||||
3,025 | - | - | - | - | - | - |
Purchases of investments | ||||||
- | 42,856 | 76,948 | 67,550 | - | - | - |
Maturities of investments | ||||||
36,000 | 66,000 | 77,808 | 7,000 | - | - | - |
Purchases of property, equipment and capitalized software | ||||||
53,234 | 28,795 | 34,498 | 18,491 | 14,234 | 12,583 | 17,888 |
Payments for acquisitions, net of cash acquired | ||||||
45,280 | 115,673 | 1,381 | 5,574 | - | - | - |
Net cash used in investing activities | ||||||
-65,539 | -121,324 | -35,019 | -84,615 | -14,234 | -12,583 | -17,888 |
Proceeds from issuance of ordinary shares | ||||||
25,428 | 24,986 | 17,128 | 4,476 | 885 | 632 | 30 |
Withholding taxes related to net share settlement of ESPP purchases and vesting of RSUs | ||||||
2,476 | 298 | 89 | - | - | - | - |
Payments on debt | ||||||
4,375 | 1,875 | 1,825 | 4,559 | 5,412 | 3,483 | 252 |
Payments on finance lease obligations | ||||||
844 | 1,275 | 1,039 | 249 | - | - | - |
Payments on construction financing lease obligations | ||||||
- | 2,301 | 1,019 | - | - | - | - |
Proceeds from issuance of debt, net of issuance costs | ||||||
- | 97,748 | - | - | - | 8,282 | - |
Proceeds from initial public offering, net of issuance costs | ||||||
- | - | - | - | 68,328 | - | - |
Net cash provided by financing activities | ||||||
17,733 | 116,985 | 13,156 | -332 | 63,801 | 5,431 | -222 |
Effect of foreign exchange rates on cash | ||||||
-6,350 | -2,659 | 2,471 | -2,388 | -960 | -2,363 | 1,777 |
Net increase in cash and cash equivalents | ||||||
36,382 | 59,237 | 27,020 | -54,821 | 73,250 | 13,732 | -17,300 |
Supplemental disclosure of cash flow information | ||||||
Cash paid during the period for interest | ||||||
4,114 | 4,598 | 591 | 211 | 488 | 593 | 451 |
Cash paid during the period for income taxes | ||||||
2,489 | 3,010 | 2,545 | 2,046 | 58 | 32 | 28 |
Supplemental disclosure of non-cash investing and financing activities | ||||||
Unpaid purchases of property, equipment and capitalized software | ||||||
13,232 | 7,634 | 7,977 | 848 | 308 | 1,591 | 3,345 |
Property and equipment acquired under capital lease | ||||||
- | - | 4,000 | 713 | - | - | - |
Conversion of convertible preferred shares to ordinary shares | ||||||
- | - | - | - | 59,305 | - | - |
Derecognition of building upon completion of construction period | ||||||
- | -56,794 | - | - | - | - | - |
Operating lease right-of-use assets exchanged for lease obligations | ||||||
13,982 | - | - | - | - | - | - |
Withholding taxes payable upon RSU vesting | ||||||
- | 41 | - | - | - | - | - |
Amounts due from seller for acquisitions | ||||||
- | - | - | 600 | - | - | - |