Commvault Systems, Inc
(NASDAQ:CVLT)

Commvault Systems, Inc. provides data protection and information management software applications and related services in the United States, Canada, Latin America, Europe, the Middle East, Africa, Australia, New Zealand, Southeast Asia, and China. It offers Commvault Complete Backup & Recovery, a ba...

Website: http://www.commvault.com

Founded: 1988

Full Time Employees: 2,500

Sector: Technology

Industry: Software-Application

Share this website to your friends

• Market Cap:

• Exchange:

• Shs Outstanding:

• Employees:

• Beta:

• Return on Equity (ROE) ttm:

• Return on Assets (ROA) ttm:

• EPS ttm:

• Book value per Share:

• Cash per Share:

• Current ast per Share:

• P/E ttm:

• P/E forward:

• P/E ttm high:

• P/E ttm low:

• P/S ttm:

• P/B ttm:

• P/FCF ttm:

• PEG ratio:

• Cash Ratio ttm:

• Quick Ratio ttm:

• Current Ratio ttm:

• Gross Mgn ttm:

• EBITDA Mgn ttm:

• Operating Mgn ttm:

• Net Income Mgn ttm:

• Trailing Div yield:

• Forward Div yield:

• Payout Ratio ttm:

• Ex-Dividend date:

• Target Price High:

• Target Price Low:

• Target Price Mean:

• Number of Analysts:

• Debt Ratio ttm:

• Debt to Equity ttm:

• Total Net Debt:

At a glance:

Bull Thesis:

Bear Thesis:

Main Competitors:

Moat:

Income Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30

revenues:
subscription:
term-based license	114,445,000	118,950,000	92,647,000	109,282,000
software-as-a-service	93,139,000	87,379,000	80,018,000	72,445,000
total subscription	207,584,000	206,329,000	172,665,000	181,727,000
perpetual license	10,129,000	13,675,000	12,073,000	7,335,000	14,962,000	16,423,000	10,522,000	13,736,000	15,196,000	14,874,000	14,388,000	13,155,000
customer support	80,905,000	80,271,000	80,229,000	79,021,000	76,509,000	77,078,000	77,688,000	76,288,000	77,025,000	76,812,000	77,019,000	76,915,000
other services	13,074,000	13,557,000	11,221,000	13,895,000	10,340,000	10,808,000	11,030,000	10,568,000	11,198,000	10,875,000	11,833,000	10,790,000
total revenues	311,692,000	313,832,000	276,188,000	281,978,000	275,039,000	262,630,000	233,278,000	224,672,000	223,292,000	216,808,000	200,997,000	198,150,000	203,478,000	195,074,000	188,057,000	197,981,000	205,949,000	202,381,000	177,840,000	183,421,000	191,341,000	187,992,000	171,139,000	173,000,000	164,749,000	176,351,000	167,582,000	162,203,000	181,427,000	184,275,000	169,078,000	176,177,000	184,915,000	180,366,000	168,140,000	165,972,000	172,931,000	165,841,000	159,333,000	152,413,000	159,565,000	155,696,000	140,742,000	139,123,000	150,735,000	153,021,000	151,144,000	152,643,000	156,819,000	153,250,000	141,863,000	134,408,000	138,274,000	128,147,000	118,162,000	111,267,000	114,014,000	103,640,000	97,458,000	91,527,000	89,621,000	83,629,000	75,226,000	66,300,000	73,438,000	70,691,000	66,650,000	60,246,000	56,137,000	60,051,000	63,336,000	54,995,000	56,610,000	50,298,000	47,406,000	43,989,000	42,617,000	38,330,000	36,638,000
yoy	13.33%	19.50%	18.39%	25.51%	23.17%	21.13%	16.06%	13.38%	9.74%	11.14%	6.88%	0.09%	-1.20%	-3.61%	5.75%	7.94%	7.63%	7.65%	3.92%	6.02%	16.14%	6.60%	2.12%	6.66%	-9.19%	-4.30%	-0.88%	-7.93%	-1.89%	2.17%	0.56%	6.15%	6.93%	8.76%	5.53%	8.90%	8.38%	6.52%	13.21%	9.55%	5.86%	1.75%	-6.88%	-8.86%	-3.88%	-0.15%	6.54%	13.57%	13.41%	19.59%	20.06%	20.80%	21.28%	23.65%	21.24%	21.57%	27.22%	23.93%	29.55%	38.05%	22.04%	18.30%	12.87%	10.05%	30.82%	17.72%	5.23%	9.55%	-0.84%	19.39%	33.60%	25.02%	32.83%	31.22%	29.39%
qoq	-0.68%	13.63%	-2.05%	2.52%	4.72%	12.58%	3.83%	0.62%	2.99%	7.87%	1.44%	-2.62%	4.31%	3.73%	-5.01%	-3.87%	1.76%	13.80%	-3.04%	-4.14%	1.78%	9.85%	-1.08%	5.01%	-6.58%	5.23%	3.32%	-10.60%	-1.55%	8.99%	-4.03%	-4.73%	2.52%	7.27%	1.31%	-4.02%	4.28%	4.08%	4.54%	-4.48%	2.48%	10.63%	1.16%	-7.70%	-1.49%	1.24%	-0.98%	-2.66%	2.33%	8.03%	5.55%	-2.80%	7.90%	8.45%	6.20%	-2.41%	10.01%	6.34%	6.48%	2.13%	7.16%	11.17%	13.46%	-9.72%	3.89%	6.06%	10.63%	7.32%	-6.52%	-5.19%	15.17%	-2.85%	12.55%	6.10%	7.77%	3.22%	11.18%	4.62%
cost of revenues:
total cost of revenues	58,004,000	59,295,000	55,044,000	50,777,000	47,766,000	48,619,000	42,862,000	39,788,000	39,146,000	39,061,000	37,853,000	35,550,000	34,805,000	34,538,000	32,302,000	33,757,000	32,047,000	29,963,000	26,574,000	25,275,000	29,611,000	28,412,000	26,799,000	24,551,000	26,594,000	30,523,000	31,241,000	28,720,000	33,674,000	28,853,000	26,873,000	27,606,000	28,267,000	24,957,000	23,267,000	21,661,000	21,374,000	21,166,000	21,657,000	20,995,000	20,797,000	20,429,000	20,939,000	20,547,000	20,914,000	19,941,000	20,286,000	20,927,000	19,869,000	18,498,000	18,156,000	17,778,000	17,856,000	16,463,000	15,343,000	15,290,000	14,680,000	13,610,000	13,074,000	12,043,000	11,824,000	10,154,000	9,517,000	9,520,000	9,223,000	9,097,000	8,975,000	8,350,000	7,462,000	7,845,000	7,749,000	7,590,000	7,558,000	6,963,000	6,178,000	6,285,000	6,034,000	5,630,000	5,235,000
gross margin	253,688,000	254,537,000	221,144,000	231,201,000	227,273,000	214,011,000	190,416,000	184,884,000	184,146,000	177,747,000	163,144,000	162,600,000	168,673,000	160,536,000	155,755,000	164,224,000	173,902,000	172,418,000	151,266,000	158,146,000	161,730,000	159,580,000	144,340,000	148,449,000	138,155,000	145,828,000	136,341,000	133,483,000	147,753,000	155,422,000	142,205,000	148,571,000	156,648,000	155,409,000	144,873,000	144,311,000	151,557,000	144,675,000	137,676,000	131,418,000	138,768,000	135,267,000	119,803,000	118,576,000	129,821,000	133,080,000	130,858,000	131,716,000	136,950,000	134,752,000	123,707,000	116,630,000	120,418,000	111,684,000	102,819,000	95,977,000	99,334,000	90,030,000	84,384,000	79,484,000	77,797,000	73,475,000	65,709,000	56,780,000	64,215,000	61,594,000	57,675,000	51,896,000	48,675,000	52,206,000	55,587,000	47,405,000	49,052,000	43,335,000	41,228,000	37,704,000	36,583,000	32,700,000	31,403,000
yoy	11.62%	18.94%	16.14%	25.05%	23.42%	20.40%	16.72%	13.70%	9.17%	10.72%	4.74%	-0.99%	-3.01%	-6.89%	2.97%	3.84%	7.53%	8.04%	4.80%	6.53%	17.06%	9.43%	5.87%	11.21%	-6.50%	-6.17%	-4.12%	-10.16%	-5.68%	0.01%	-1.84%	2.95%	3.36%	7.42%	5.23%	9.81%	9.22%	6.96%	14.92%	10.83%	6.89%	1.64%	-8.45%	-9.98%	-5.21%	-1.24%	5.78%	12.93%	13.73%	20.65%	20.32%	21.52%	21.23%	24.05%	21.85%	20.75%	27.68%	22.53%	28.42%	39.99%	21.15%	19.29%	13.93%	9.41%	31.93%	17.98%	3.76%	9.47%	-0.77%	20.47%	34.83%	25.73%	34.08%	32.52%	31.29%
qoq	-0.33%	15.10%	-4.35%	1.73%	6.20%	12.39%	2.99%	0.40%	3.60%	8.95%	0.33%	-3.60%	5.07%	3.07%	-5.16%	-5.57%	0.86%	13.98%	-4.35%	-2.22%	1.35%	10.56%	-2.77%	7.45%	-5.26%	6.96%	2.14%	-9.66%	-4.93%	9.29%	-4.28%	-5.16%	0.80%	7.27%	0.39%	-4.78%	4.76%	5.08%	4.76%	-5.30%	2.59%	12.91%	1.03%	-8.66%	-2.45%	1.70%	-0.65%	-3.82%	1.63%	8.93%	6.07%	-3.15%	7.82%	8.62%	7.13%	-3.38%	10.33%	6.69%	6.16%	2.17%	5.88%	11.82%	15.73%	-11.58%	4.26%	6.79%	11.14%	6.62%	-6.76%	-6.08%	17.26%	-3.36%	13.19%	5.11%	9.35%	3.06%	11.87%	4.13%
gross margin %	81.39%	81.11%	80.07%	81.99%	82.63%	81.49%	81.63%	82.29%	82.47%	81.98%	81.17%	82.06%	82.89%	82.29%	82.82%	82.95%	84.44%	85.19%	85.06%	86.22%	84.52%	84.89%	84.34%	85.81%	83.86%	82.69%	81.36%	82.29%	81.44%	84.34%	84.11%	84.33%	84.71%	86.16%	86.16%	86.95%	87.64%	87.24%	86.41%	86.22%	86.97%	86.88%	85.12%	85.23%	86.13%	86.97%	86.58%	86.29%	87.33%	87.93%	87.20%	86.77%	87.09%	87.15%	87.02%	86.26%	87.12%	86.87%	86.58%	86.84%	86.81%	87.86%	87.35%	85.64%	87.44%	87.13%	86.53%	86.14%	86.71%	86.94%	87.77%	86.20%	86.65%	86.16%	86.97%	85.71%	85.84%	85.31%	85.71%
operating expenses:
sales and marketing	135,655,000	139,314,000	122,240,000	122,479,000	120,152,000	116,068,000	101,947,000	95,950,000	94,458,000	91,697,000	84,712,000	84,127,000	87,222,000	87,343,000	81,299,000	84,919,000	93,138,000	89,217,000	82,928,000	76,361,000	86,661,000	84,542,000	79,069,000	81,676,000	82,877,000	84,563,000	80,960,000	87,385,000	88,586,000	94,392,000	89,494,000	97,616,000	105,117,000	105,106,000	100,595,000	99,909,000	102,063,000	98,433,000	94,789,000	92,690,000	89,652,000	91,393,000	85,842,000	85,782,000	86,047,000	85,925,000	83,697,000	80,311,000	75,589,000	73,367,000	67,147,000	67,201,000	71,062,000	64,547,000	55,700,000	56,387,000	61,901,000	56,142,000	51,224,000	49,758,000	44,792,000	43,877,000	38,559,000	35,826,000	36,557,000	35,256,000	34,578,000	30,382,000	31,401,000	31,690,000	32,302,000	27,564,000	26,224,000	23,420,000	23,088,000	21,227,000	19,282,000	17,379,000	16,272,000
research and development	40,062,000	42,230,000	39,859,000	40,062,000	39,333,000	40,010,000	33,839,000	33,104,000	35,244,000	34,392,000	31,261,000	31,431,000	32,176,000	32,505,000	37,053,000	40,113,000	40,497,000	39,257,000	37,726,000	36,135,000	35,577,000	35,727,000	30,955,000	31,142,000	32,710,000	30,503,000	23,227,000	23,580,000	20,430,000	22,916,000	24,507,000	24,794,000	24,713,000	23,981,000	22,925,000	22,545,000	22,867,000	21,227,000	20,221,000	19,228,000	18,411,000	17,963,000	16,135,000	16,778,000	16,800,000	16,468,000	15,835,000	15,040,000	15,342,000	13,597,000	13,344,000	12,851,000	12,607,000	12,367,000	11,431,000	10,951,000	10,987,000	10,087,000	9,591,000	9,271,000	10,099,000	9,600,000	8,615,000	8,640,000	8,809,000	8,812,000	8,181,000	7,619,000	7,778,000	7,703,000	7,752,000	7,436,000	6,911,000	6,818,000	6,667,000	6,459,000	6,029,000	5,851,000	6,100,000
general and administrative	40,167,000	38,732,000	42,553,000	41,270,000	38,274,000	35,133,000	34,173,000	30,795,000	29,938,000	29,098,000	28,002,000	26,959,000	27,728,000	23,983,000	25,553,000	26,976,000	22,130,000	29,132,000	25,358,000	26,429,000	23,205,000	22,702,000	24,748,000	21,559,000	21,006,000	23,864,000	24,753,000	22,507,000	34,411,000	19,989,000	24,004,000	22,542,000	19,717,000	20,387,000	23,620,000	23,851,000	22,082,000	21,610,000	21,314,000	19,938,000	19,131,000	20,002,000	19,906,000	19,809,000	19,713,000	23,103,000	18,742,000	16,505,000	19,559,000	18,521,000	15,298,000	13,728,000	13,551,000	13,317,000	12,161,000	11,090,000	11,452,000	10,361,000	9,389,000	9,417,000	9,531,000	8,535,000	8,392,000	7,749,000	7,863,000	7,521,000	7,503,000	6,936,000	6,489,000	5,756,000	6,883,000	7,031,000	6,546,000	6,010,000	6,098,000	5,158,000	4,876,000	4,470,000	4,611,000
depreciation and amortization	2,563,000	2,606,000	2,572,000	2,607,000	2,401,000	2,730,000	2,013,000	1,928,000	1,768,000	1,509,000	1,535,000	1,603,000	1,639,000	2,459,000	2,537,000	2,635,000	2,582,000	2,451,000	2,352,000	2,281,000	2,187,000	2,323,000	5,053,000	5,065,000	5,134,000	5,356,000	2,719,000	2,606,000	2,636,000	2,728,000	2,700,000	2,533,000	2,509,000	2,457,000	2,388,000	2,367,000	2,253,000	2,163,000	2,109,000	2,110,000	2,275,000	2,400,000	2,474,000	2,462,000	2,492,000	2,687,000	1,680,000	1,646,000	1,580,000	1,544,000	1,498,000	1,453,000	1,299,000	1,226,000	1,174,000	1,133,000	1,109,000	1,120,000	1,099,000	1,025,000	989,000	978,000	913,000	895,000	854,000	882,000	885,000	893,000	866,000	912,000	943,000	861,000	802,000	795,000	723,000	699,000	771,000	753,000	582,000
restructuring	18,603,000	11,885,000	1,429,000	237,000	812,000	3,969,000	566,000	4,679,000					4,092,000	9,228,000		2,132,000	4,110,000		636,000	1,446,000	3,762,000	11,618,000	5,767,000	2,324,000	2,397,000	2,021,000	12,851,000	4,079,000	1,423,000	4,953,000	494,000	7,895,000
change in contingent consideration				-545,000	-426,000	2,486,000
impairment charges							2,910,000
total operating expenses	237,050,000	234,767,000	208,653,000	206,110,000	200,546,000	200,396,000	175,448,000	166,456,000	165,956,000	156,696,000	145,510,000	144,120,000	206,338,000	155,518,000	146,442,000	156,775,000	162,457,000	160,057,000	149,000,000	142,652,000	151,392,000	156,912,000	186,292,000	141,766,000	140,341,000	146,307,000	144,510,000	140,157,000	147,486,000	144,978,000	141,199,000	155,380,000	152,056,000	151,931,000	149,528,000	148,672,000	149,265,000	143,433,000	138,433,000	133,966,000	129,469,000	131,758,000	124,357,000	124,831,000	125,052,000	128,183,000	119,954,000	113,502,000
income from operations	16,638,000	19,770,000	12,491,000	25,091,000	26,727,000	13,615,000	14,968,000	18,428,000	18,190,000	21,051,000	17,634,000	18,480,000	-37,665,000	5,018,000	9,313,000	7,449,000	11,445,000	12,361,000	2,266,000	15,494,000	10,338,000	2,668,000	-41,952,000	6,683,000	-2,186,000	-479,000	-8,169,000	-6,674,000	267,000	10,444,000	1,006,000	-6,809,000	4,592,000	3,478,000	-4,655,000	-4,361,000	2,292,000	1,242,000	-757,000	-2,548,000	9,299,000	3,509,000	-4,554,000	-6,255,000	4,769,000	4,897,000	10,904,000	18,214,000	24,880,000	27,723,000	26,420,000	21,397,000	21,899,000	20,227,000	22,353,000	16,416,000	13,885,000	12,320,000	13,081,000	10,013,000	12,386,000	10,485,000	9,230,000	3,670,000	10,132,000	9,123,000	6,528,000	6,066,000	2,141,000	6,145,000	7,707,000	4,513,000	8,569,000	6,292,000	4,652,000	4,161,000	5,625,000	4,247,000	3,838,000
yoy	-37.75%	45.21%	-16.55%	36.16%	46.93%	-35.32%	-15.12%	-0.28%	-148.29%	319.51%	89.35%	148.09%	-429.10%	-59.40%	310.99%	-51.92%	10.71%	363.31%	-105.40%	131.84%	-572.92%	-656.99%	413.55%	-200.13%	-918.73%	-104.59%	-912.03%	-1.98%	-94.19%	200.29%	-121.61%	56.13%	100.35%	180.03%	514.93%	71.15%	-75.35%	-64.61%	-83.38%	-59.26%	94.99%	-28.34%	-141.76%	-134.34%	-80.83%	-82.34%	-58.73%	-14.88%	13.61%	37.06%	18.19%	30.34%	57.72%	64.18%	70.88%	63.95%	12.10%	17.50%	41.72%	172.83%	22.25%	14.93%	41.39%	-39.50%	373.24%	48.46%	-15.30%	34.41%	-75.01%	-2.34%	65.67%	8.46%	52.34%	48.15%	21.21%
qoq	-15.84%	58.27%	-50.22%	-6.12%	96.31%	-9.04%	-18.78%	1.31%	-13.59%	19.38%	-4.58%	-149.06%	-850.60%	-46.12%	25.02%	-34.91%	-7.41%	445.50%	-85.37%	49.87%	287.48%	-106.36%	-727.74%	-405.72%	356.37%	-94.14%	22.40%	-2599.63%	-97.44%	938.17%	-114.77%	-248.28%	32.03%	-174.72%	6.74%	-290.27%	84.54%	-264.07%	-70.29%	-127.40%	165.00%	-177.05%	-27.19%	-231.16%	-2.61%	-55.09%	-40.13%	-26.79%	-10.26%	4.93%	23.48%	-2.29%	8.27%	-9.51%	36.17%	18.23%	12.70%	-5.82%	30.64%	-19.16%	18.13%	13.60%	151.50%	-63.78%	11.06%	39.75%	7.62%	183.33%	-65.16%	-20.27%	70.77%	-47.33%	36.19%	35.25%	11.80%	-26.03%	32.45%	10.66%
operating margin %	5.34%	6.30%	4.52%	8.90%	9.72%	5.18%	6.42%	8.20%	8.15%	9.71%	8.77%	9.33%	-18.51%	2.57%	4.95%	3.76%	5.56%	6.11%	1.27%	8.45%	5.40%	1.42%	-24.51%	3.86%	-1.33%	-0.27%	-4.87%	-4.11%	0.15%	5.67%	0.59%	-3.86%	2.48%	1.93%	-2.77%	-2.63%	1.33%	0.75%	-0.48%	-1.67%	5.83%	2.25%	-3.24%	-4.50%	3.16%	3.20%	7.21%	11.93%	15.87%	18.09%	18.62%	15.92%	15.84%	15.78%	18.92%	14.75%	12.18%	11.89%	13.42%	10.94%	13.82%	12.54%	12.27%	5.54%	13.80%	12.91%	9.79%	10.07%	3.81%	10.23%	12.17%	8.21%	15.14%	12.51%	9.81%	9.46%	13.20%	11.08%	10.48%
interest income	8,313,000	8,401,000	3,087,000	2,009,000	1,556,000	1,564,000	1,732,000	1,802,000	1,893,000	1,381,000	1,369,000	780,000	384,000	364,000	291,000	261,000	113,000	120,000	289,000	134,000	269,000	167,000	249,000	343,000	692,000	786,000	1,561,000	1,923,000	1,759,000	1,721,000	1,148,000	891,000	668,000	588,000	539,000	433,000	320,000	312,000	276,000	255,000	275,000	207,000	199,000	181,000	181,000	202,000	195,000	195,000	215,000	220,000	213,000	242,000	263,000	299,000	261,000	236,000	237,000	190,000	158,000	165,000	215,000	162,000	154,000	119,000	91,000	91,000	89,000	113,000	120,000	322,000	588,000	609,000	890,000	998,000	886,000	817,000	735,000	665,000	676,000
interest expense	-1,431,000	-1,449,000	-637,000	-278,000	-103,000	-104,000	-105,000	-104,000	-104,000	-103,000	-112,000	-96,000	-157,000	-105,000	-105,000	-105,000	-90,000	-19,000															-463,000	-232,000	-234,000	-232,000	-233,000	-233,000	-245,000	-246,000	-241,000	-234,000	-234,000	-224,000	-219,000	-228,000	-218,000											-4,000	-27,000	-26,000	-26,000	-27,000	-26,000	-27,000	-28,000	-32,000	-23,000	-23,000	-118,000	-30,000	-27,000					-114,000	-142,000	-167,000	-17,000
other income	-403,000	302,000	159,000	61,000	453,000	31,000	65,000	528,000	3,076,000	-13,000	-154,000	341,000	-193,000	123,000	154,000		737,000	564,000
income before income taxes	23,117,000	27,024,000	15,100,000	26,883,000	28,633,000	15,106,000	16,660,000	20,654,000	23,055,000	22,316,000	18,737,000	19,505,000	-37,631,000	5,400,000	9,653,000	7,216,000	12,205,000	13,026,000	2,555,000	15,628,000	10,607,000	2,835,000	-41,703,000	7,026,000	-1,494,000	307,000	-6,608,000	-4,751,000	2,026,000	12,165,000	2,154,000	-5,918,000	1,457,000	3,676,000	-4,512,000	-4,121,000	1,965,000	1,021,000	-884,000	-2,625,000	9,250,000	3,482,000	-4,589,000	-6,298,000	4,731,000	4,871,000	10,881,000	18,409,000	25,095,000	27,943,000	26,633,000	21,639,000	22,162,000	20,526,000	22,614,000	16,652,000	14,122,000	12,506,000	13,212,000	10,152,000	12,575,000	10,620,000	9,358,000	3,762,000	10,195,000	9,182,000	6,594,000	6,156,000	2,143,000	6,437,000	8,268,000	5,122,000	9,459,000	7,290,000	5,538,000	4,864,000	6,218,000	4,745,000	4,497,000
income tax provision	8,468,000	9,242,000	370,000	3,387,000	-2,360,000	4,085,000	1,095,000	2,127,000	-103,065,000	5,176,000	5,720,000	6,876,000	5,862,000	5,710,000	5,135,000	3,705,000	4,217,000	3,018,000	824,000	1,731,000	4,346,000	1,162,000	-532,000	4,743,000	-10,429,000	957,000	476,000	2,095,000	4,189,000	-1,235,000	1,263,000	2,649,000	3,118,000	62,621,000	-3,502,000	-3,837,000	-1,223,000	1,063,000	-322,000	-581,000	3,456,000	-1,396,000	4,647,000	-4,998,000	1,379,000	1,798,000	4,385,000	5,680,000	9,438,000	10,352,000	9,279,000	8,177,000	5,177,000	8,326,000	8,715,000	6,527,000	4,280,000	5,346,000	5,313,000	3,113,000	-7,740,000	-3,368,000	-3,939,000	-264,000	-4,383,000	-3,742,000	-1,876,000	-3,721,000	-1,904,000	-2,554,000	-3,539,000	-1,645,000	-3,270,000	908,000	-2,100,000	-1,885,000	45,630,000	-111,000	-66,000
net income	14,649,000	17,782,000	14,730,000	23,496,000	30,993,000	11,021,000	15,565,000	18,527,000	126,120,000	17,140,000	13,017,000	12,629,000	-43,493,000	-310,000	4,518,000	3,511,000	7,988,000	10,008,000	1,731,000	13,897,000	6,261,000	1,673,000	-41,171,000	2,283,000	8,935,000	-650,000	-7,084,000	-6,846,000	-2,163,000	13,400,000	891,000	-8,567,000	-1,661,000	-58,945,000	-1,010,000	-284,000	3,188,000	-42,000	-562,000	-2,044,000	5,794,000	4,878,000	-9,236,000	-1,300,000	3,352,000	3,073,000	6,496,000	12,729,000	15,657,000	17,591,000	17,354,000	13,462,000	16,985,000	12,200,000	13,899,000	10,125,000	9,842,000	7,160,000	7,899,000	7,039,000	4,835,000	7,252,000	5,419,000	3,498,000	5,812,000	5,440,000	4,718,000	2,435,000	239,000	3,883,000	4,729,000	3,477,000	6,189,000	8,198,000	3,438,000	2,979,000	51,848,000	4,634,000	4,431,000
yoy	-52.73%	61.35%	-5.36%	26.82%	-75.43%	-35.70%	19.57%	46.70%	-389.98%	-5629.03%	188.11%	259.70%	-644.48%	-103.10%	161.01%	-74.74%	27.58%	498.21%	-104.20%	508.72%	-29.93%	-357.38%	481.18%	-133.35%	-513.08%	-104.85%	-895.06%	-20.09%	30.22%	-122.73%	-188.22%	2916.55%	-152.10%	140245.24%	79.72%	-86.11%	-44.98%	-100.86%	-93.92%	57.23%	72.85%	58.74%	-242.18%	-110.21%	-78.59%	-82.53%	-62.57%	-5.44%	-7.82%	44.19%	24.86%	32.96%	72.58%	70.39%	75.96%	43.84%	103.56%	-1.27%	45.76%	101.23%	-16.81%	33.31%	14.86%	43.66%	2331.80%	40.10%	-0.23%	-29.97%	-96.14%	-52.63%	37.55%	16.72%	-88.06%	76.91%	-22.41%
qoq	-17.62%	20.72%	-37.31%	-24.19%	181.22%	-29.19%	-15.99%	-85.31%	635.82%	31.67%	3.07%	-129.04%	13930.00%	-106.86%	28.68%	-56.05%	-20.18%	478.16%	-87.54%	121.96%	274.24%	-104.06%	-1903.37%	-74.45%	-1474.62%	-90.82%	3.48%	216.50%	-116.14%	1403.93%	-110.40%	415.77%	-97.18%	5736.14%	255.63%	-108.91%	-7690.48%	-92.53%	-72.50%	-135.28%	18.78%	-152.82%	610.46%	-138.78%	9.08%	-52.69%	-48.97%	-18.70%	-10.99%	1.37%	28.91%	-20.74%	39.22%	-12.22%	37.27%	2.88%	37.46%	-9.36%	12.22%	45.58%	-33.33%	33.83%	54.92%	-39.81%	6.84%	15.30%	93.76%	918.83%	-93.84%	-17.89%	36.01%	-43.82%	-24.51%	138.45%	15.41%	-94.25%	1018.86%	4.58%
net income margin %	4.70%	5.67%	5.33%	8.33%	11.27%	4.20%	6.67%	8.25%	56.48%	7.91%	6.48%	6.37%	-21.37%	-0.16%	2.40%	1.77%	3.88%	4.95%	0.97%	7.58%	3.27%	0.89%	-24.06%	1.32%	5.42%	-0.37%	-4.23%	-4.22%	-1.19%	7.27%	0.53%	-4.86%	-0.90%	-32.68%	-0.60%	-0.17%	1.84%	-0.03%	-0.35%	-1.34%	3.63%	3.13%	-6.56%	-0.93%	2.22%	2.01%	4.30%	8.34%	9.98%	11.48%	12.23%	10.02%	12.28%	9.52%	11.76%	9.10%	8.63%	6.91%	8.11%	7.69%	5.39%	8.67%	7.20%	5.28%	7.91%	7.70%	7.08%	4.04%	0.43%	6.47%	7.47%	6.32%	10.93%	16.30%	7.25%	6.77%	121.66%	12.09%	12.09%
net income per common share:
basic	350	400	330	530	710	250	360	420	2,880	390	300	290	-970	-10	100	80	180	220	40	300	140	40		50	200	-10	-160		-40	290	20		-40	-1,300	-20	-10	70		-10	-50	-30	110	-200	-30	70	70	140	280	330	370	370	290	370	270	310	230	220	160	180	160	120	170	130	80	140	130	110	60	72.5	90	110	80
diluted	340	400	330	520	680	240	350	410	2,800	380	290	280	-970	-10	100	80	170	210	40	290	140	30		50	200	-10	-160		-50	280	20		-40	-1,300	-20	-10	70		-10	-50	-30	100	-200	-30	70	70	140	270	320	350	350	270	350	250	290	210	210	150	170	150	100	160	120	80	130	120	110	60	67.5	90	110	80
weighted-average common shares outstanding:
basic	43,976,000	44,111,000	44,406,000	44,326,000	43,850,000	43,889,000	43,770,000	43,678,000	43,885,000	43,862,000	43,949,000	44,057,000	44,664,000	44,712,000	44,759,000	44,743,000	45,443,000	45,242,000	45,743,000	46,180,000	46,652,000	47,013,000	46,516,000	46,191,000	45,793,000	46,028,000	45,277,000	45,451,000	45,827,000	46,074,000	45,880,000	45,450,000	45,242,000	45,291,000	45,598,000	45,128,000	44,700,000	45,099,000	44,589,000	44,244,000	45,159,000	45,315,000	45,437,000	45,285,000	45,464,000	45,331,000	45,437,000	46,067,000	46,976,000	47,307,000	46,910,000	46,542,000	45,463,000	45,738,000	45,106,000	44,761,000	44,089,000	43,834,000	43,942,000	44,171,000	43,283,000	43,318,000	42,911,000	43,168,000	42,133,000	42,270,000	41,869,000	41,646,000	41,983	41,436,000	42,314,000	42,674,000	43,188	43,518	43,103	42,345	30,670	41,676	20,353
diluted	44,654,000	44,613,000	45,195,000	45,283,000	45,187,000	45,184,000	45,114,000	44,986,000	45,100,000	44,799,000	44,903,000	44,975,000	44,664,000	44,712,000	45,540,000	45,865,000	47,220,000	46,719,000	47,599,000	48,167,000	46,652,000	48,013,000	46,516,000	46,503,000	45,793,000	46,028,000	45,277,000	45,451,000	47,601,000	47,357,000	47,798,000	45,450,000	45,242,000	45,291,000	45,598,000	45,128,000	46,621,000	45,099,000	44,589,000	44,244,000	46,489,000	46,577,000	45,437,000	45,285,000	47,222,000	46,976,000	47,166,000	47,875,000	49,642,000	49,899,000	49,745,000	49,289,000	48,330,000	48,564,000	47,815,000	47,582,000	47,201,000	46,791,000	46,875,000	47,268,000	46,301,000	46,209,000	45,701,000	46,098,000	45,022,000	45,485,000	44,695,000	43,764,000	44,013	43,068,000	44,498,000	44,851,000	45,699	46,136	45,677	44,960	30,670	46,164	20,353
subscription					173,228,000	158,321,000	134,038,000	124,080,000	119,873,000	114,247,000	97,757,000	97,290,000
software and products													90,232,000	89,589,000	82,825,000	92,436,000	100,489,000	98,575,000	75,261,000	82,162,000	89,355,000	88,625,000	72,309,000	76,554,000	66,408,000	76,631,000	68,595,000	63,674,000	80,830,000	84,515,000	69,504,000	75,050,000	83,521,000	81,443,000
services													113,246,000	105,485,000	105,232,000	105,545,000	105,460,000	103,806,000	102,579,000	101,259,000	101,986,000	99,367,000	98,830,000	96,446,000	98,341,000	99,720,000	98,987,000	98,529,000	100,597,000	99,760,000	99,574,000	101,127,000	101,394,000	98,923,000	96,120,000	91,211,000	88,226,000	88,519,000	88,876,000	88,476,000	86,221,000	84,307,000	83,175,000	82,630,000	80,683,000	81,292,000	81,729,000	80,585,000	77,778,000	74,010,000	71,032,000	69,109,000	66,129,000	62,238,000	58,943,000	57,032,000	55,261,000	52,219,000	49,633,000	47,726,000	45,645,000	41,860,000	39,468,000	38,005,000	36,782,000	35,468,000	33,134,000	31,141,000	28,657,000	28,706,000	28,180,000	27,291,000	25,281,000	23,304,000	20,850,000	19,909,000	18,927,000	17,198,000	16,378,000
other expense																-389,000
impairment of intangible assets																							40,700,000
net loss per common share:
basic																							-890					-150				-190
diluted																							-890					-150				-190
equity in loss of affiliate																																	-3,340,000	-158,000	-162,000		-414,000	-300,000	-158,000	-86,000
equity in income of affiliate																																				39,000
software																																			72,020,000	74,761,000	84,705,000	77,322,000	70,457,000	63,937,000	73,344,000	71,389,000	57,567,000	56,493,000	70,052,000	71,729,000	69,415,000	72,058,000	79,041,000	79,240,000	70,831,000	65,299,000	72,145,000	65,909,000	59,219,000	54,235,000	58,753,000	51,421,000	47,825,000	43,801,000	43,976,000	41,769,000	35,758,000	28,295,000	36,656,000	35,223,000	33,516,000	29,105,000	27,480,000	31,345,000	35,156,000	27,704,000	31,329,000	26,994,000	26,556,000	24,080,000	23,690,000	21,132,000	20,260,000
less: accretion of preferred stock dividends																																																																															-1,407,000
less: accretion of fair value of preferred stock upon conversion																																																																															-102,745,000
net income attributable to common stockholders																																																																									6,189,000	8,198,000	3,438,000	2,979,000	51,848,000	4,634,000	-99,721,000
net income attributable to common stockholders per share:
basic																																																																									0.14	0.19	0.08	0.07	2.09	0.11	-4.9
diluted																																																																									0.14	0.18	0.08	0.07	2.09	0.1	-4.9
weighted-average shares used for eps calculation
basic	43,976,000	44,111,000	44,406,000	44,326,000	43,850,000	43,889,000	43,770,000	43,678,000	43,885,000	43,862,000	43,949,000	44,057,000	44,664,000	44,712,000	44,759,000	44,743,000	45,443,000	45,242,000	45,743,000	46,180,000	46,652,000	47,013,000	46,516,000	46,191,000	45,793,000	46,028,000	45,277,000	45,451,000	45,827,000	46,074,000	45,880,000	45,450,000	45,242,000	45,291,000	45,598,000	45,128,000	44,700,000	45,099,000	44,589,000	44,244,000	45,159,000	45,315,000	45,437,000	45,285,000	45,464,000	45,331,000	45,437,000	46,067,000	46,976,000	47,307,000	46,910,000	46,542,000	45,463,000	45,738,000	45,106,000	44,761,000	44,089,000	43,834,000	43,942,000	44,171,000	43,283,000	43,318,000	42,911,000	43,168,000	42,133,000	42,270,000	41,869,000	41,646,000	41,983	41,436,000	42,314,000	42,674,000	43,188	43,518	43,103	42,345	30,670	41,676	20,353
diluted	44,654,000	44,613,000	45,195,000	45,283,000	45,187,000	45,184,000	45,114,000	44,986,000	45,100,000	44,799,000	44,903,000	44,975,000	44,664,000	44,712,000	45,540,000	45,865,000	47,220,000	46,719,000	47,599,000	48,167,000	46,652,000	48,013,000	46,516,000	46,503,000	45,793,000	46,028,000	45,277,000	45,451,000	47,601,000	47,357,000	47,798,000	45,450,000	45,242,000	45,291,000	45,598,000	45,128,000	46,621,000	45,099,000	44,589,000	44,244,000	46,489,000	46,577,000	45,437,000	45,285,000	47,222,000	46,976,000	47,166,000	47,875,000	49,642,000	49,899,000	49,745,000	49,289,000	48,330,000	48,564,000	47,815,000	47,582,000	47,201,000	46,791,000	46,875,000	47,268,000	46,301,000	46,209,000	45,701,000	46,098,000	45,022,000	45,485,000	44,695,000	43,764,000	44,013	43,068,000	44,498,000	44,851,000	45,699	46,136	45,677	44,960	30,670	46,164	20,353

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30

assets
current assets:
cash and cash equivalents	899,987,000	1,026,346,000	1,063,555,000	363,234,000	302,103,000	243,575,000	303,071,000	287,871,000	312,754,000	284,310,000	283,287,000	274,589,000	287,778,000	273,469,000	262,485,000	258,713,000	267,507,000	233,691,000	295,807,000	359,149,000	397,237,000	377,569,000	383,153,000	345,432,000	288,082,000	272,025,000	377,625,000	320,821,000	327,992,000	327,398,000	353,181,000	351,912,000	330,784,000	314,494,000	363,331,000	349,522,000	329,491,000	316,412,000	321,794,000	302,247,000	288,107,000	316,396,000	327,204,000	350,469,000	337,673,000	314,946,000	364,574,000	373,543,000	457,733,000	475,533,000	462,167,000	458,818,000	433,964,000	395,298,000	351,985,000	318,135,000	297,088,000	254,006,000	216,744,000	251,011,000	217,170,000	191,393,000	172,858,000	172,890,000	169,518,000	144,350,000	132,480,000	119,214,000	105,205,000	100,831,000	101,259,000	98,209,000	91,661,000	95,108,000	79,183,000	70,535,000	65,001,000	56,494,000	50,164,000
trade accounts receivable	330,483,000	361,846,000	234,806,000	255,448,000	251,995,000	271,363,000	194,879,000	203,176,000	222,683,000	223,710,000	196,434,000	176,512,000	210,441,000	215,464,000	170,166,000	181,535,000	194,238,000	213,040,000	166,272,000	158,862,000	188,126,000	190,651,000	138,957,000	149,778,000	146,990,000	161,626,000	127,593,000	137,628,000	176,836,000	170,497,000	137,338,000	151,283,000	162,119,000	146,750,000	129,699,000	131,357,000
assets held for sale					34,770,000	34,770,000	34,770,000	37,680,000	38,680,000	38,680,000	38,680,000	38,680,000	38,680,000
other current assets	56,040,000	56,869,000	54,602,000	48,448,000	46,189,000	27,025,000	30,235,000	22,385,000	21,009,000	19,834,000	21,560,000	18,654,000	14,015,000	17,747,000	23,225,000	24,785,000	22,336,000	20,310,000	20,651,000	23,868,000	22,237,000	27,570,000	26,038,000	27,415,000	26,969,000	18,774,000	21,916,000	23,762,000		18,543,000	21,034,000	20,719,000		24,181,000	28,943,000	24,496,000		15,754,000
total current assets	1,286,510,000	1,445,061,000	1,352,963,000	667,130,000	635,057,000	576,733,000	562,955,000	551,112,000	595,126,000	566,534,000	539,961,000	508,435,000	550,914,000	506,680,000	455,876,000	465,033,000	484,081,000	467,041,000	482,730,000	541,879,000	607,600,000	606,635,000	558,993,000	533,470,000	513,686,000	525,413,000	624,753,000	612,536,000	655,002,000	646,982,000	642,472,000	633,668,000	646,788,000	616,418,000	653,231,000	636,841,000	598,736,000	568,764,000	565,974,000	530,669,000	517,377,000	532,749,000	524,010,000	544,589,000	541,551,000	514,435,000	550,399,000	528,327,000	630,531,000	636,513,000	606,786,000	567,197,000	555,498,000	497,842,000	448,696,000	403,076,000	395,350,000	345,485,000	311,214,000	336,284,000	312,730,000	281,467,000	254,510,000	249,250,000	253,915,000	218,472,000	198,244,000	178,674,000	166,151,000	161,823,000	158,871,000	154,394,000	154,702,000	142,197,000	124,159,000	109,243,000	100,318,000	80,431,000	70,208,000
deferred tax assets	153,766,000	151,879,000	151,936,000	130,139,000	133,378,000	117,575,000	119,969,000	115,984,000	111,181,000																										52,868,000	51,401,000	61,018,000	57,956,000	57,032,000	54,432,000	49,976,000	49,115,000	17,888,000	16,698,000	16,142,000	16,254,000	18,123,000	18,075,000	17,966,000	21,329,000	21,698,000	21,128,000	19,328,000	13,921,000	13,643,000	14,626,000	14,717,000	13,580,000	12,788,000	12,527,000	12,043,000	16,490,000	16,438,000	16,636,000	16,693,000	12,317,000	12,447,000	12,871,000	13,144,000	14,941,000	14,941,000	14,346,000	15,348,000	9,618,000	9,618,000	9,618,000	9,616,000
property and equipment	9,750,000	11,140,000	9,740,000	9,826,000	8,294,000	7,273,000	8,282,000	8,482,000	7,961,000	7,933,000	7,471,000	8,209,000	8,287,000	100,901,000	102,562,000	104,599,000	106,513,000	108,122,000	109,557,000	111,778,000	112,779,000	113,079,000	113,014,000	113,657,000	114,519,000	115,972,000	118,022,000	120,629,000	122,716,000	124,188,000	126,292,000	128,788,000	128,612,000	129,632,000	129,712,000	131,209,000	132,319,000	132,862,000	133,051,000	134,423,000	135,904,000	137,210,000	138,064,000	139,243,000	140,208,000	134,847,000	121,186,000	105,115,000	88,901,000	68,682,000	50,919,000	35,459,000	21,112,000	11,151,000	10,162,000	9,546,000	8,184,000	7,822,000	7,524,000	6,859,000	6,400,000	6,516,000	6,581,000	6,166,000	6,356,000	6,093,000	6,404,000	6,451,000	6,282,000	6,085,000	6,499,000	6,494,000	5,868,000	5,492,000	5,077,000	5,115,000	4,624,000	4,425,000	4,356,000
operating lease assets	34,920,000	37,770,000	28,952,000	29,029,000	10,124,000	10,907,000	11,939,000	10,922,000	10,545,000	11,693,000	12,995,000	11,268,000	11,784,000	11,211,000	11,853,000	13,136,000	14,921,000	16,492,000	17,925,000	19,666,000	20,778,000	23,709,000	18,691,000	13,445,000	15,009,000	15,248,000	16,255,000	17,945,000
deferred commissions cost	103,892,000	94,933,000	85,156,000	82,874,000	79,309,000	67,839,000	65,927,000	63,579,000	62,837,000	61,128,000	58,855,000	58,848,000	59,612,000	57,584,000	52,300,000	52,767,000	52,974,000	46,491,000	42,351,000	40,352,000	38,444,000	35,306,000	32,726,000	32,928,000	31,394,000	31,990,000	31,364,000	32,487,000	33,619,000	32,744,000	32,290,000	32,732,000	33,092,000	31,372,000	30,455,000	29,953,000
intangible assets	19,715,000	20,971,000	22,226,000	19,666,000	20,737,000	21,912,000	5,196,000	5,769,000	1,042,000				2,292,000				3,542,000							43,525,000	46,350,000	49,175,000
goodwill	209,322,000	210,840,000	210,316,000	185,255,000	185,255,000	186,406,000	150,072,000	150,072,000	127,780,000	127,780,000	127,780,000	127,780,000	127,780,000	127,780,000	127,780,000	127,780,000	127,780,000	112,435,000	112,435,000	112,435,000	112,435,000	112,435,000	112,435,000	112,435,000	112,435,000	112,435,000
other assets	68,430,000	65,540,000	55,639,000	52,518,000	46,112,000	35,111,000	34,136,000	29,012,000	27,441,000	27,652,000	23,963,000	25,213,000	21,905,000	23,182,000	26,500,000	26,179,000	26,269,000	17,978,000	14,756,000	13,278,000	12,137,000	14,415,000	16,119,000	16,377,000	11,683,000	12,335,000	11,372,000	9,725,000	11,116,000	10,773,000	8,981,000	9,272,000	10,150,000	8,512,000	8,181,000	7,747,000	7,273,000	6,099,000	6,083,000	6,288,000	6,737,000	6,913,000	6,992,000	7,633,000	6,804,000	7,605,000	7,869,000	8,131,000	7,215,000	6,688,000	6,845,000	6,948,000	7,078,000	6,875,000	6,994,000	4,546,000	5,293,000	4,719,000	4,097,000	2,126,000	1,633,000	1,645,000	1,681,000	1,473,000	1,259,000	968,000	943,000	857,000	1,091,000	1,134,000	1,185,000	751,000	754,000	851,000	1,008,000	762,000	554,000	397,000	438,000
total assets	1,886,305,000	2,038,134,000	1,916,928,000	1,176,437,000	1,118,266,000	1,023,756,000	958,476,000	934,932,000	943,913,000	804,074,000	772,692,000	741,732,000	782,574,000	829,942,000	779,788,000	792,723,000	816,080,000	768,559,000	779,754,000	839,388,000	904,173,000	905,579,000	851,978,000	865,837,000	845,076,000	862,568,000	801,766,000	793,322,000	822,453,000	814,687,000	810,035,000	804,460,000	818,642,000	789,274,000	877,945,000	860,811,000	802,967,000	769,716,000	766,475,000	730,305,000	714,573,000	730,563,000	696,864,000	717,552,000	713,466,000	683,408,000	708,381,000	670,733,000	755,384,000	735,141,000	688,311,000	632,742,000	604,854,000	538,414,000	487,994,000	440,676,000	432,688,000	378,613,000	344,551,000	366,879,000	342,499,000	313,495,000	286,792,000	280,565,000	286,015,000	256,381,000	237,322,000	218,114,000	206,987,000	203,860,000	202,924,000	200,587,000	200,830,000	194,090,000	172,017,000	157,425,000	148,039,000	85,253,000	75,002,000
liabilities and stockholders’ equity
current liabilities:
accounts payable	651,000	268,000	359,000	50,000	373,000	88,000	92,000	427,000	299,000	214,000	136,000	284,000	108,000	459,000	200,000	884,000	432,000	248,000	178,000	136,000	374,000	622,000	253,000	152,000	307,000	1,069,000	1,744,000	971,000	2,186,000	1,347,000	349,000	361,000	761,000	193,000	182,000	446,000	117,000	143,000	104,000	164,000	309,000	762,000	1,178,000	520,000	860,000	1,206,000	1,325,000	1,417,000	1,218,000	3,017,000	4,129,000	5,584,000	3,860,000	2,692,000	2,365,000	2,209,000	1,847,000	2,828,000	2,171,000	2,191,000	1,658,000	1,763,000	2,013,000	2,724,000	1,891,000	1,440,000	1,926,000	1,510,000	1,798,000	2,150,000	2,315,000	1,793,000	2,218,000	1,672,000	2,168,000	1,907,000	1,500,000	1,106,000	1,194,000
accrued liabilities	165,583,000	152,636,000	106,486,000	107,219,000	147,133,000	128,957,000	107,645,000	94,313,000	117,244,000	101,913,000	93,788,000	78,089,000	97,888,000	104,078,000	86,251,000	86,397,000	121,837,000	106,384,000	85,604,000	87,141,000	112,148,000	102,924,000	79,112,000	81,243,000	87,051,000	89,474,000	83,601,000	76,114,000	85,721,000	87,396,000	71,431,000	79,471,000	82,299,000	79,179,000	63,155,000	69,231,000	78,701,000	75,971,000	71,581,000	66,574,000	69,678,000	69,980,000	62,987,000	57,934,000	72,757,000	71,421,000	65,297,000	60,812,000	76,166,000	62,845,000	54,841,000	44,130,000	55,577,000	46,537,000	42,324,000	35,583,000	45,888,000	37,076,000	35,065,000	34,487,000	33,475,000	28,340,000	24,012,000	21,421,000	25,727,000	20,736,000	19,986,000	19,026,000	18,407,000	20,481,000	23,269,000	23,415,000	22,623,000	19,039,000	21,505,000	20,489,000	20,215,000	15,920,000	14,074,000
current portion of operating lease liabilities	6,963,000	6,992,000	5,523,000	5,558,000	4,614,000	4,970,000	5,313,000	4,671,000	4,935,000	5,178,000	4,848,000	4,763,000	4,518,000	4,031,000	3,932,000	4,113,000	4,778,000	5,615,000	6,455,000	7,263,000	7,469,000	8,346,000	7,563,000	7,130,000	7,699,000	7,730,000	7,832,000	7,894,000
deferred revenue	484,973,000	456,732,000	422,947,000	423,156,000	402,930,000	377,723,000	355,267,000	347,130,000	362,450,000	325,500,000	304,977,000	302,629,000	307,562,000	282,614,000	259,013,000	264,527,000	267,017,000	253,527,000	247,578,000	252,743,000	253,211,000	247,544,000	227,777,000	234,287,000	233,497,000	235,513,000	226,932,000	235,222,000	238,439,000	228,944,000	223,192,000	234,106,000	241,113,000	227,532,000	216,757,000	217,539,000	206,777,000	191,052,000	193,182,000	193,803,000	194,977,000	184,439,000	179,635,000	184,495,000	184,312,000	172,504,000	171,971,000	171,782,000	166,143,000	156,985,000	157,103,000	156,556,000	152,967,000	134,884,000	128,629,000	119,689,000	125,314,000	110,619,000	107,047,000	103,071,000	98,217,000	90,833,000	87,265,000	83,390,000	83,112,000	74,662,000	70,144,000	65,494,000	61,356,000	58,139,000	57,069,000	55,098,000	52,348,000	46,237,000	42,655,000	39,496,000	36,214,000	33,063,000	30,171,000
total current liabilities	658,170,000	616,628,000	535,315,000	535,983,000	555,050,000	511,738,000	468,317,000	446,541,000	484,928,000	432,805,000	403,749,000	385,765,000	410,076,000	391,182,000	349,396,000	355,921,000	394,064,000	365,774,000	339,815,000	347,283,000	373,202,000	359,436,000	314,705,000	322,812,000	328,554,000	333,786,000	320,109,000	320,201,000	326,346,000	317,687,000	294,972,000	313,938,000	324,173,000	306,904,000	280,094,000	287,216,000	285,595,000	267,166,000	264,867,000	260,541,000	264,964,000	255,181,000	243,800,000	242,949,000	257,929,000	245,131,000	238,593,000	234,011,000	243,527,000	222,847,000	216,073,000	206,270,000	212,404,000	184,113,000	173,318,000	157,481,000	173,049,000	150,523,000	144,283,000	139,749,000	133,350,000	120,936,000	113,290,000	107,535,000	110,730,000	96,838,000	92,056,000	86,030,000	81,561,000	80,770,000	82,653,000	80,306,000	77,189,000	66,948,000	66,328,000	61,892,000	65,429,000	58,839,000	55,439,000
convertible notes	880,863,000	879,827,000	878,927,000
deferred revenue, less current portion	293,725,000	276,149,000	252,608,000	241,714,000	223,282,000	210,530,000	198,090,000	192,671,000	168,472,000	184,251,000	174,061,000	172,219,000	174,393,000	166,084,000	151,968,000	151,950,000	150,180,000	134,856,000	124,833,000	120,915,000	119,231,000	108,280,000	97,506,000	95,562,000	92,723,000	97,730,000	94,411,000	96,633,000	99,257,000	96,448,000	92,514,000	88,143,000	84,661,000	80,035,000	78,922,000	75,004,000	70,803,000	63,763,000	59,243,000	54,111,000	49,889,000	45,924,000	44,812,000	47,184,000	45,423,000	49,872,000	46,829,000	42,110,000	43,432,000	35,850,000	34,117,000	32,641,000	31,303,000	26,737,000	26,013,000	24,328,000	22,059,000	20,135,000	17,325,000	15,036,000	14,695,000	12,334,000	10,414,000	8,662,000	9,140,000	8,425,000	8,488,000	7,621,000	7,760,000	7,498,000	7,289,000	7,489,000	7,210,000	6,130,000	5,420,000	5,078,000	4,284,000	4,333,000	3,589,000
deferred tax liabilities	1,565,000	1,528,000	1,504,000	1,503,000	1,384,000	3,344,000	3,396,000	3,254,000	1,717,000	736,000	495,000	519,000	134,000	728,000	731,000	799,000	808,000	754,000	762,000	762,000	761,000	807,000	739,000	771,000	849,000	1,726,000	2,230,000	2,596,000	2,594,000	2,449,000	2,304,000	2,481,000	2,430,000	2,504,000
long-term operating lease liabilities	29,675,000	31,826,000	24,038,000	24,059,000	6,338,000	6,631,000	7,192,000	7,081,000	7,155,000	7,946,000	9,194,000	7,584,000	8,260,000	8,150,000	8,738,000	9,801,000	11,270,000	12,148,000	13,009,000	14,351,000	15,419,000	17,561,000	12,574,000	7,785,000	8,808,000	9,223,000	10,486,000	11,618,000
other liabilities	14,813,000	15,445,000	14,076,000	8,439,000	7,090,000	3,664,000	3,693,000	3,576,000	3,556,000	3,733,000	3,670,000	3,629,000	3,613,000	3,782,000	3,692,000	3,768,000	3,929,000	1,567,000	1,557,000	1,539,000	1,526,000	5,424,000	6,978,000	4,672,000	2,238,000	2,470,000	2,416,000	2,457,000	2,953,000	3,076,000	3,100,000	3,183,000	3,314,000	3,749,000	3,646,000	3,594,000	3,934,000	3,597,000	3,825,000	4,093,000	3,452,000	3,891,000	3,897,000	3,223,000	3,104,000	3,083,000	4,270,000	4,266,000	5,847,000	7,113,000	7,203,000	7,107,000	7,130,000	7,899,000	7,754,000	7,579,000	7,596,000	7,913,000	7,469,000	6,707,000	6,324,000	7,219,000	7,165,000	6,672,000	7,845,000	7,308,000	7,185,000	7,025,000	6,377,000	7,303,000	7,251,000	7,043,000	6,896,000	6,323,000	92,000	11,000	4,000	6,000	8,000
commitments and contingencies
stockholders’ equity:
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding
common stock, 0.01 par value...	412,000				441,000				435,000				440,000				443,000				463,000				458,000				454,000				450,000				447,000				440,000				451,000				471,000				464,000				446,000				440,000				431,000
additional paid-in capital	1,495,597,000	1,485,705,000	1,459,729,000	1,503,817,000	1,474,377,000	1,440,617,000	1,410,715,000	1,382,049,000	1,349,603,000	1,326,468,000	1,307,027,000	1,282,326,000	1,264,608,000	1,242,697,000	1,220,667,000	1,194,931,000	1,165,948,000	1,136,899,000	1,119,738,000	1,095,903,000	1,069,695,000	1,041,073,000	1,023,459,000	997,838,000	978,659,000	962,097,000	916,899,000	896,383,000	887,907,000	854,883,000	843,622,000	811,271,000	782,764,000	756,531,000	749,544,000	720,041,000	694,477,000	670,714,000	649,389,000	621,409,000	602,999,000	593,472,000	575,232,000	557,284,000	539,565,000	518,575,000	509,954,000	485,948,000	481,083,000	459,842,000	438,622,000	412,631,000	391,772,000	373,718,000	346,966,000	332,136,000	320,438,000	300,955,000	283,358,000	281,884,000	271,622,000	261,342,000	251,568,000	244,599,000	239,012,000	230,490,000	221,814,000	214,282,000	210,462,000	207,150,000	206,323,000	205,539,000	204,386,000	205,493,000	199,132,000	192,747,000	182,297,000	177,866,000	176,240,000
accumulated deficit	-1,472,124,000	-1,254,605,000	-1,234,594,000	-1,124,876,000	-1,134,063,000	-1,136,861,000	-1,117,782,000	-1,084,696,000	-1,056,011,000	-1,136,582,000	-1,108,738,000	-1,094,336,000	-1,062,900,000	-967,504,000	-940,396,000	-911,315,000	-898,699,000	-872,257,000	-808,749,000	-730,883,000	-665,774,000	-618,068,000	-592,762,000	-551,591,000	-553,790,000	-533,154,000	-532,504,000	-525,420,000	-485,490,000	-448,347,000	-415,143,000	-404,369,000	-373,678,000	-354,264,000	-227,022,000	-216,232,000	-239,974,000	-221,976,000	-200,568,000	-200,006,000	-197,962,000	-158,678,000	-162,144,000	-126,802,000	-125,502,000	-128,854,000	-89,383,000	-95,879,000	-18,059,000		-7,114,000	-24,468,000	-37,930,000	-54,915,000	-67,115,000	-81,014,000	-91,139,000	-100,981,000	-108,141,000	-77,200,000	-84,239,000	-89,073,000	-96,325,000	-87,415,000	-81,031,000	-86,804,000	-92,244,000	-96,962,000	-99,397,000	-99,636,000	-100,937,000	-99,727,000	-94,922,000	-90,818,000	-99,016,000	-102,454,000	-104,333,000	-156,181,000	-160,815,000
accumulated other comprehensive loss	-16,391,000	-14,809,000	-15,115,000	-14,647,000	-15,633,000	-16,347,000	-15,582,000	-15,981,000	-15,942,000	-15,719,000	-17,204,000	-16,412,000	-16,050,000	-15,623,000	-15,452,000	-13,578,000	-11,863,000	-11,627,000	-11,663,000	-10,941,000	-10,350,000	-9,400,000	-11,685,000	-12,473,000	-13,423,000	-11,773,000	-12,733,000	-11,595,000	-11,568,000	-11,965,000	-11,792,000	-10,641,000	-5,472,000	-6,632,000	-7,695,000	-9,264,000	-12,315,000	-13,996,000	-10,728,000	-10,285,000	-9,209,000	-9,680,000	-9,184,000	-6,740,000	-7,504,000	-4,847,000	-2,338,000	-176,000	-917,000	-1,462,000	-1,061,000	-1,905,000													-112,000	-301,000	-397,000	-299,000	-192,000		-74,000	-486,000	-357,000	-423,000	-372,000	-277,000
total stockholders’ equity	7,494,000	216,731,000	210,460,000	364,739,000	325,122,000	287,849,000	277,788,000	281,809,000	278,085,000	174,603,000	181,523,000	172,016,000	186,098,000	260,016,000	265,263,000	270,484,000	255,829,000	253,460,000	299,778,000	354,538,000	394,034,000	414,071,000	419,476,000	434,235,000	411,904,000	417,633,000	372,114,000	359,817,000	391,303,000	395,027,000	417,145,000	396,715,000	404,064,000	396,082,000	515,283,000	494,997,000	442,635,000	435,190,000	438,540,000	411,560,000	396,268,000	425,567,000	404,355,000	424,196,000	407,010,000	385,322,000	418,689,000	390,346,000	462,578,000	469,331,000	430,918,000	386,724,000	354,017,000	319,665,000	280,909,000	251,288,000	229,984,000	200,042,000	175,474,000	205,387,000	188,130,000	173,006,000	155,923,000	157,696,000	158,300,000	143,810,000	129,593,000	117,438,000	111,289,000	108,289,000	105,731,000	105,749,000	109,535,000	114,689,000	100,177,000	90,444,000	78,322,000	22,075,000	15,966,000
total liabilities and stockholders’ equity	1,886,305,000	2,038,134,000	1,916,928,000	1,176,437,000	1,118,266,000	1,023,756,000	958,476,000	934,932,000	943,913,000	804,074,000	772,692,000	741,732,000	782,574,000	829,942,000	779,788,000	792,723,000	816,080,000	768,559,000	779,754,000	839,388,000	904,173,000	905,579,000	851,978,000	865,837,000	845,076,000	862,568,000	801,766,000	793,322,000	822,453,000	814,687,000	810,035,000	804,460,000	818,642,000	789,274,000	877,945,000	860,811,000	802,967,000	769,716,000	766,475,000	730,305,000	714,573,000	730,563,000	696,864,000	717,552,000	713,466,000	683,408,000	708,381,000	670,733,000	755,384,000	735,141,000	688,311,000	632,742,000	604,854,000	538,414,000	487,994,000	440,676,000	432,688,000	378,613,000	344,551,000	366,879,000	342,499,000	313,495,000	286,792,000	280,565,000	286,015,000	256,381,000	237,322,000	218,114,000	206,987,000	203,860,000	202,924,000	200,587,000	200,830,000	194,090,000	172,017,000	157,425,000
common stock		440,000	440,000	445,000		440,000	437,000	437,000		436,000	438,000	438,000		446,000	444,000	446,000		445,000	452,000	459,000		466,000	464,000	461,000		463,000	452,000	449,000		456,000	458,000	454,000		447,000	456,000	452,000		448,000	447,000	442,000		453,000	451,000	454,000		448,000	456,000	453,000		474,000	471,000	466,000		461,000	453,000	449,000		441,000	434,000	444,000		436,000	430,000	432,000		425,000	420,000	417,000		414,000	419,000	423,000		437,000	433,000	428,000
intangible asset										1,354,000	1,667,000	1,979,000		2,604,000	2,917,000	3,229,000
restricted cash																									8,000,000	8,000,000
short-term investments																						10,845,000	10,845,000	10,845,000	43,645,000	64,988,000	97,619,000	130,325,000	130,338,000	130,544,000	130,919,000	109,754,000	131,637,000	130,993,000	131,258,000	131,466,000	120,693,000	120,747,000	117,832,000	107,933,000	99,072,000	84,710,000	72,806,000	60,884,000	49,936,000	49,956,000	49,969,000	24,974,000	24,976,000	24,978,000	22,982,000		1,948,000	1,948,000	1,948,000	1,948,000	3,146,000	3,146,000	3,146,000	3,146,000	1,150,000	2,150,000	5,943,000	7,544,000	5,043,000	4,293,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at june 30, 2019 and march 31, 2019
prepaid expenses and other current assets																													19,836,000				22,248,000				15,791,000		20,672,000	19,803,000	16,769,000	17,052,000	19,745,000	23,403,000	20,084,000	19,030,000	16,652,000	10,810,000	11,329,000	8,465,000	13,154,000	12,032,000	15,225,000	15,260,000	11,827,000	11,843,000	12,606,000	10,149,000	9,395,000	9,811,000	8,476,000	5,786,000	6,989,000	6,633,000	4,612,000	5,845,000	5,810,000	3,970,000	3,782,000	4,398,000	4,314,000	3,757,000	3,409,000	3,685,000	4,538,000	3,889,000	3,657,000	2,200,000	2,101,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at december 31, 2018 and march 31, 2018
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at september 30, 2018 and march 31, 2018
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at june 30, 2018 and march 31, 2018
equity method investment																																		3,340,000	3,498,000	3,660,000	3,621,000	4,035,000	4,335,000	4,493,000	4,579,000	4,576,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at march 31, 2018 and 2017
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at december 31, 2017 and march 31, 2017
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at september 30, 2017 and march 31, 2017
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at june 30, 2017 and march 31, 2017
trade accounts receivable, less allowance for doubtful accounts of 103 and 315 at march 31, 2017 and 2016, respectively																																					132,761,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at march 31, 2017 and 2016
trade accounts receivable, less allowance for doubtful accounts of 325 at december 31, 2016 and 315 at march 31, 2016																																						115,851,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at december 31, 2016 and march 31, 2016
trade accounts receivable, less allowance for doubtful accounts of 329 at september 30, 2016 and 315 at march 31, 2016																																							105,676,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at september 30, 2016 and march 31, 2016
trade accounts receivable, less allowance for doubtful accounts of 328 at june 30, 2016 and 315 at march 31, 2016																																								100,686,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at june 30, 2016 and march 31, 2016
trade accounts receivable, less allowance for doubtful accounts of 315 and 104 at march 31, 2016 and 2015, respectively																																									113,429,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at march 31, 2016 and 2015
trade accounts receivable, less allowance for doubtful accounts of 309 at december 31, 2015 and 104 at march 31, 2015																																										114,591,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at december 31, 2015 and march 31, 2015
trade accounts receivable, less allowance for doubtful accounts of 98 at september 30, 2015 and 104 at march 31, 2015																																											86,367,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at september 30, 2015 and march 31, 2015
trade accounts receivable, less allowance for doubtful accounts of 135 at june 30, 2015 and 104 at march 31, 2015																																												93,135,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at june 30, 2015 and march 31, 2015
trade accounts receivable, less allowance for doubtful accounts of 104 and 111 at march 31, 2015 and 2014, respectively																																													117,716,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at march 31, 2015 and 2014
trade accounts receivable, less allowance for doubtful accounts of 107 at december 31, 2014 and 111 at march 31, 2014																																														114,249,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at december 31, 2014 and march 31, 2014
trade accounts receivable, less allowance for doubtful accounts of 108 at september 30, 2014 and 111 at march 31, 2014																																															101,081,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at september 30, 2014 and march 31, 2014
trade accounts receivable, less allowance for doubtful accounts of 111 at june 30, 2014 and 111 at march 31, 2014																																																100,925,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at june 30, 2014 and march 31, 2014
trade accounts receivable, less allowance for doubtful accounts of 111 and 103 at march 31, 2014 and 2013, respectively																																																	118,527,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at march 31, 2014 and 2013
trade accounts receivable, less allowance for doubtful accounts of 111 at december 31, 2013 and 103 at march 31, 2013																																																		106,208,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at december 31, 2013 and march 31, 2013
retained earnings																																																		10,477,000
trade accounts receivable, less allowance for doubtful accounts of 111 at september 30, 2013 and 103 at march 31, 2013																																																			86,785,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at september 30, 2013 and march 31, 2013
trade accounts receivable, less allowance for doubtful accounts of 102 at june 30, 2013 and 103 at march 31, 2013																																																				75,219,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at june 30, 2013 and march 31, 2013
trade accounts receivable, less allowance for doubtful accounts of 103 and 97 at march 31, 2013 and 2012, respectively																																																					85,033,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at march 31, 2013 and 2012.
accumulated other comprehensive income																																																					-289,000	401,000	605,000	-283,000	239,000	-373,000	-177,000	259,000	307,000	301,000	250,000	80,000						361,000							-62,000	-27,000	124,000
trade accounts receivable, less allowance for doubtful accounts of 105 at december 31, 2012 and 97 at march 31, 2012																																																						71,415,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at december 31, 2012 and march 31, 2012
trade accounts receivable, less allowance for doubtful accounts of 104 at september 30, 2012 and 97 at march 31, 2012																																																							69,293,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at september 30, 2012 and march 31, 2012
trade accounts receivable, less allowance for doubtful accounts of 99 at june 30, 2012 and 97 at march 31, 2012																																																								56,524,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at june 30, 2012 and march 31, 2012
trade accounts receivable, less allowance for doubtful accounts of 97 and 106 at march 31, 2012 and 2011, respectively																																																									67,793,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at march 31, 2012 and 2011.
trade accounts receivable, less allowance for doubtful accounts of 109 at december 31, 2011 and 106 at march 31, 2011																																																										64,604,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at december 31, 2011 and march 31, 2011
trade accounts receivable, less allowance for doubtful accounts of 110 at september 30, 2011 and 106 at march 31, 2011																																																											69,141,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at september 30, 2011 and march 31, 2011
trade accounts receivable, less allowance for doubtful accounts of 112 at june 30, 2011 and 106 at march 31, 2011																																																												59,789,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at june 30, 2011 and march 31, 2011
trade accounts receivable, less allowance for doubtful accounts of 106 and 292 at march 31, 2011 and 2010, respectively																																																													73,891,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at march 31, 2011 and 2010
trade accounts receivable, less allowance for doubtful accounts of 214 at december 31, 2010 and 292 at march 31, 2010																																																														65,648,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at december 31, 2010 and march 31, 2010
trade accounts receivable, less allowance for doubtful accounts of 160 at september 30, 2010 and 292 at march 31, 2010																																																															52,282,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at september 30, 2010 and march 31, 2010
trade accounts receivable, less allowance for doubtful accounts of 156 at june 30, 2010 and 292 at march 31, 2010																																																																45,547,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at june 30, 2010 and march 31, 2010
trade accounts receivable, less allowance for doubtful accounts of 292 and 193 at march 31, 2010 and 2009, respectively																																																																	58,049,000
preferred stock, 0.01 par value: 50,000 shares authorized, no shares issued and outstanding at march 31, 2010 and 2009
trade accounts receivable, less allowance for doubtful accounts of 194 at december 31, 2009 and 193 at march 31, 2009																																																																		51,667,000
preferred stock, .01 par value: 50,000 shares authorized, no shares issued and outstanding at december 31, 2009 and march 31, 2009
trade accounts receivable, less allowance for doubtful accounts of 172 at september 30, 2009 and 193 at march 31, 2009																																																																			47,507,000
preferred stock, .01 par value: 50,000 shares authorized, no shares issued and outstanding at september 30, 2009 and march 31, 2009
trade accounts receivable, less allowance for doubtful accounts of 174 at june 30, 2009 and 193 at march 31, 2009																																																																				42,619,000
preferred stock, .01 par value: 50,000 shares authorized, no shares issued and outstanding at june 30, 2009 and march 31, 2009
trade accounts receivable, less allowance for doubtful accounts of 193 and 275 at march 31, 2009 and 2008, respectively																																																																					44,020,000
preferred stock, .01 par value: 50,000 shares authorized, no shares issued and outstanding at march 31, 2009 and 2008
common stock, .01 par value...																																																																					416,000				428,000				420,000	417,000	417,000
trade accounts receivable, less allowance for doubtful accounts of 256 at december 31, 2008 and 275 at march 31, 2008																																																																						41,653,000
preferred stock, .01 par value: 50,000 shares authorized, no shares issued and outstanding at december 31, 2008 and march 31, 2008
trade accounts receivable, less allowance for doubtful accounts of 233 at september 30, 2008 and 275 at march 31, 2008																																																																							38,357,000
preferred stock, .01 par value: 50,000 shares authorized, no shares issued and outstanding at september 30, 2008 and march 31, 2008
trade accounts receivable, less allowance for doubtful accounts of 263 at june 30, 2008 and 275 at march 31, 2008																																																																								38,082,000
preferred stock, .01 par value: 50,000 shares authorized, no shares issued and outstanding at june 30, 2008 and march 31, 2008
trade accounts receivable, less allowance for doubtful accounts of 275 and 311 at march 31, 2008 and 2007, respectively																																																																									44,284,000
term loan																																																																													7,500,000	8,750,000	10,000,000
preferred stock, .01 par value: 50,000 shares authorized, no shares issued and outstanding at march 31, 2008 and 2007
trade accounts receivable, less allowance for doubtful accounts of 247 at december 31, 2007 and 311 at march 31, 2007																																																																										33,786,000
preferred stock, .01 par value: 50,000 shares authorized, no shares issued and outstanding at december 31, 2007 and march 31, 2007
trade accounts receivable, less allowance for doubtful accounts of 246 at september 30, 2007 and 311 at march 31, 2007																																																																											30,820,000
preferred stock, .01 par value: 50,000 shares authorized, no shares issued and outstanding at september 30, 2007 and march 31, 2007
trade accounts receivable, less allowance for doubtful accounts of 317 at june 30, 2007 and 311 at march 31, 2007																																																																												25,201,000
preferred stock, .01 par value: 50,000 shares authorized, no shares issued and outstanding at june 30, 2007 and march 31, 2007
trade accounts receivable, less allowance for doubtful accounts of 311 and 475 at march 31, 2007 and 2006, respectively																																																																													22,044,000
liabilities, cumulative redeemable convertible preferred stock and stockholders’ equity
cumulative redeemable convertible preferred stock:
series a through e, at liquidation value
stockholders’ equity
convertible preferred stock, .01 par value: no shares of series aa, bb and cc authorized, issued and outstanding at march 31, 2007. 5,000 shares series aa authorized, 4,362 issued and outstanding; 5,000 shares series bb authorized, 2,758 issued and outstanding; 12,150 shares series cc authorized, 12,132 issued and outstanding at march 31, 2006
preferred stock, .01 par value: 50,000 shares authorized, no shares issued and outstanding at march 31, 2007. no shares authorized, issued and outstanding at march 31, 2006
deferred compensation
trade accounts receivable, less allowance for doubtful accounts of 499 at december 31, 2006 and 475 at march 31, 2006																																																																														21,737,000
convertible preferred stock, .01 par value: no shares of series aa, bb and cc authorized, issued and outstanding at december 31, 2006. 5,000 shares series aa authorized, 4,362 issued and outstanding; 5,000 shares series bb authorized, 2,758 issued and outstanding; 12,150 shares series cc authorized, 12,132 issued and outstanding at march 31, 2006; liquidation value 96,339 at march 31, 2006.
preferred stock, .01 par value: 50,000 shares authorized, no shares issued and outstanding at december 31, 2006. no shares authorized, issued and outstanding at march 31, 2006.
trade accounts receivable, less allowance for doubtful accounts of 501 at september 30, 2006 and 475 at march 31, 2006																																																																															17,943,000
convertible preferred stock, .01 par value: no shares of series aa, bb and cc authorized, issued and outstanding at september 30, 2006. 5,000 shares series aa authorized, 4,362 issued and outstanding; 5,000 shares series bb authorized, 2,758 issued and outstanding; 12,150 shares series cc authorized, 12,132 issued and outstanding at march 31, 2006; liquidation value 96,339 at march 31, 2006.
preferred stock, .01 par value: 50,000 shares authorized, no shares issued and outstanding at september 30, 2006. no shares authorized, issued and outstanding at march 31, 2006

Cashflow Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31

cash flows from operating activities
net income	14,649,000	17,782,000	14,730,000	23,496,000	30,993,000	11,021,000	15,565,000	18,527,000	126,120,000	17,140,000	13,017,000	12,629,000	-43,493,000	-310,000	4,518,000	3,511,000	7,988,000	10,008,000	1,731,000	13,897,000				2,283,000	8,935,000				-2,163,000												5,794,000	4,878,000	-9,236,000	-1,300,000	3,352,000	3,073,000	6,496,000	12,729,000	15,657,000	17,591,000	17,354,000	13,462,000	16,985,000	12,200,000	13,899,000	10,125,000	9,842,000	7,160,000	7,899,000	7,039,000	4,835,000	7,252,000	5,419,000	3,498,000	5,812,000	5,440,000	4,718,000	2,435,000	239,000	3,883,000	4,729,000	3,477,000	6,189,000	8,198,000	3,438,000	2,979,000	51,848,000	4,634,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization	893,000	3,782,000	2,981,000	2,692,000	2,429,000	2,759,000	2,042,000	1,957,000	1,796,000	1,538,000	1,564,000	1,632,000	1,667,000	2,801,000	2,878,000	2,977,000	2,923,000	2,769,000	2,665,000	2,593,000	2,499,000	2,636,000	5,365,000	5,378,000	5,447,000	5,564,000	3,136,000	2,918,000	2,948,000	3,040,000	3,013,000	3,059,000	3,339,000	2,879,000	2,795,000	2,772,000	2,659,000	2,569,000	2,502,000	2,502,000	2,670,000	2,793,000	2,859,000	2,857,000	2,814,000	2,786,000	1,776,000	1,670,000	1,613,000	1,577,000	1,544,000	1,473,000			1,201,000	1,160,000	1,135,000	1,152,000	1,134,000	1,063,000	1,025,000	1,014,000	944,000	923,000	885,000	911,000	912,000	922,000	895,000	939,000	969,000	888,000	829,000	826,000	759,000	741,000	848,000	832,000
amortization of debt issuance costs
amortization of deferred commissions costs
noncash stock-based compensation	31,964,000	29,057,000	32,224,000	30,180,000	28,992,000	31,463,000	26,403,000	26,404,000	22,610,000	24,602,000	23,615,000	23,724,000	24,679,000	24,645,000	25,327,000	31,095,000	28,370,000	28,533,000	26,449,000	21,811,000	23,261,000	22,037,000	20,584,000	18,951,000	17,307,000	18,974,000	14,857,000	14,750,000	28,901,000	15,832,000	17,750,000	18,004,000	16,991,000	17,753,000	19,821,000	19,564,000	18,775,000	19,110,000	18,703,000	17,340,000	16,680,000	17,227,000	15,068,000	15,221,000	15,162,000	16,014,000	15,072,000	14,415,000	14,588,000	14,246,000	10,782,000	9,508,000	9,037,000	8,984,000	6,149,000	5,928,000	6,382,000	6,229,000	4,364,000	4,451,000	4,475,000	4,188,000	3,375,000	3,585,000	3,506,000	3,516,000	4,701,000	3,189,000	3,164,000	2,874,000	2,683,000	2,578,000	2,299,000	2,207,000	2,213,000	1,813,000
noncash operating lease expense	1,966,000	2,740,000	1,774,000	1,636,000	2,082,000	1,378,000	1,369,000	1,579,000
noncash change in fair value of equity securities	474,000	-207,000	-138,000	-61,000	-396,000	167,000	-65,000	-70,000	191,000	13,000	154,000	-341,000	193,000	-122,000	-155,000	389,000	-737,000
noncash change in fair value of contingent consideration	0	0	0	-545,000	-426,000
noncash adjustment on headquarters sale leaseback	0	0	0	495,000
noncash impairment charges					0	0
noncash lease impairment
deferred income taxes	-2,018,000	142,000	5,668,000	3,908,000	-17,194,000	2,203,000	-3,689,000	-4,794,000																					314,000	123,000	-168,000	-105,000	55,000	56,471,000	-1,459,000	-1,330,000	-2,971,000	-1,153,000	-2,947,000	-3,974,000	-1,452,000	-3,353,000	-3,081,000	-1,446,000	2,269,000	2,268,000	-142,000	-323,000	-5,995,000	773,000	2,786,000	-3,994,000	-4,207,000	-703,000	2,579,000	237,000	-4,628,000	1,642,000	-516,000	-1,491,000	5,841,000	-649,000	-978,000	-448,000	1,252,000	433,000	416,000	1,943,000	952,000	1,253,000	1,715,000	-37,000	231,000	-4,003,000	362,000	-6,000
changes in operating assets and liabilities:
trade accounts receivable	27,017,000	-124,987,000	20,258,000	3,748,000	3,425,000	-88,550,000	3,432,000	19,681,000	-1,049,000	-28,921,000	-19,812,000	28,057,000	6,183,000	-33,642,000	6,474,000	9,389,000	5,175,000	-53,065,000	-6,535,000	34,054,000	4,348,000	-42,607,000	15,021,000	-11,384,000	13,361,000	-32,890,000	2,460,000	43,165,000	-6,174,000	-39,413,000	12,823,000	8,672,000	-20,491,000	-17,030,000	1,342,000	11,097,000	-16,031,000	-12,657,000	-5,209,000	12,404,000	1,693,000	-29,173,000	5,597,000	25,762,000	-6,626,000	-16,143,000	-1,948,000	18,136,000	-12,779,000	-19,301,000	-10,452,000	9,050,000	-14,504,000	-1,817,000	-11,922,000	10,304,000	-2,301,000	4,045,000	-10,812,000	14,487,000				11,372,000
operating lease liabilities	-2,078,000	-2,287,000	-1,739,000	-1,908,000	-1,963,000	-1,200,000	-1,671,000	-2,302,000
other current assets and other assets	-2,680,000	-12,240,000	-8,281,000	2,378,000	-9,051,000	4,778,000	-2,139,000	-2,203,000	-1,634,000	5,802,000	-2,439,000	-1,393,000	3,197,000	3,443,000	2,249,000	-2,710,000	5,904,000	2,174,000	3,248,000	-7,594,000	4,932,000	-3,027,000	2,693,000	7,289,000	-6,832,000	7,382,000	4,085,000	-5,881,000	975,000	5,541,000	1,965,000	2,919,000	225,000	5,677,000	-3,553,000	-9,225,000	-1,115,000
deferred commissions cost	-23,124,000	-21,747,000	-13,712,000	-15,072,000	-20,316,000	-12,112,000	-9,151,000	-8,269,000	-9,411,000	-7,980,000	-6,961,000	-5,600,000	-7,866,000	-9,646,000	-6,365,000	-6,652,000	-11,660,000	-8,955,000	-6,956,000	-5,941,000	-8,149,000	-5,981,000	-4,319,000	-5,646,000	-4,711,000	-4,390,000	-3,593,000	-3,369,000	-5,202,000	-4,899,000	-3,824,000	-5,042,000	-5,722,000	-4,748,000	-3,904,000	-3,610,000
accounts payable	399,000	-59,000	232,000	-320,000	292,000	-1,035,000	-334,000	129,000	87,000	76,000	-146,000	178,000	-346,000	262,000	-695,000	482,000	180,000	73,000	48,000	-241,000	-224,000	340,000	92,000	-159,000	-748,000	-1,301,000	792,000	-1,217,000	848,000	1,019,000	-6,000	-376,000	547,000	11,000	-268,000	328,000	-31,000	43,000	-57,000	-145,000	171,000	-589,000	482,000	-518,000	-313,000	-267,000	118,000	195,000	-1,763,000	-794,000	-355,000	217,000	1,201,000	326,000	125,000	384,000	-993,000	660,000	10,000	527,000	-126,000	-263,000	-752,000	880,000	472,000	-481,000	396,000	-360,000	-379,000	-82,000	625,000	-428,000	529,000	-519,000	234,000	407,000	393,000	-86,000
accrued liabilities	13,339,000	43,453,000	2,030,000	-47,260,000	15,140,000	21,927,000	11,179,000	-23,011,000	16,146,000	4,815,000	15,567,000	-19,530,000	-7,110,000	11,501,000	2,762,000	-31,366,000	13,693,000	22,659,000	115,000	-26,067,000	10,176,000	17,635,000	-9,452,000	-7,699,000	21,000	-1,003,000	9,023,000	-10,038,000	-270,000	19,081,000	-11,798,000	-1,938,000	7,148,000	15,457,000	-8,033,000	-11,076,000	4,230,000	10,102,000	4,309,000	-3,553,000	-2,048,000	9,880,000	7,188,000	-13,048,000	7,128,000	7,104,000	10,209,000	-11,220,000	25,130,000	12,533,000	12,716,000	-7,192,000	14,847,000	14,692,000	10,204,000	-7,385,000	17,615,000	4,537,000	3,354,000	3,532,000	7,980,000	6,527,000	4,701,000	-1,707,000	6,449,000	2,941,000	1,753,000	41,000	-745,000	1,360,000	2,215,000	-906,000	4,643,000	5,970,000	1,866,000	403,000
deferred revenue	52,939,000	55,518,000	10,513,000	17,440,000	29,749,000	46,080,000	2,392,000	9,438,000	27,951,000	20,697,000	8,959,000	-7,213,000	31,949,000	25,343,000	6,206,000	10,258,000	28,731,000	17,733,000	1,162,000	669,000	21,021,000	20,941,000	-9,679,000	-543,000	32,000	5,817,000	-4,157,000	-7,922,000	12,351,000	13,164,000	-7,094,000	3,298,000	16,008,000	10,550,000	-5,000	7,418,000	21,055,000	7,689,000	5,027,000	4,217,000	13,333,000	7,012,000	-3,778,000	-250,000	14,376,000	8,133,000	9,815,000	3,494,000	16,317,000	2,079,000	-422,000	7,182,000	24,091,000	6,579,000	8,611,000	-1,240,000	15,372,000	6,961,000	8,750,000	4,516,000	8,183,000	5,261,000	2,713,000	1,735,000	9,742,000	4,376,000	4,429,000	1,420,000
other liabilities	869,000	961,000	-992,000	-115,000	3,541,000	502,000	-673,000	168,000	-342,000	-492,000	396,000	503,000	-125,000	6,000	1,101,000	29,000	1,621,000	0	39,000	17,000	-3,838,000	-1,564,000	2,227,000	2,301,000	791,000	-625,000	-293,000	-489,000	-284,000	86,000	-93,000	231,000	-711,000	-998,000	59,000	-283,000	278,000	-131,000	5,000	178,000	261,000	-201,000	159,000	39,000	-771,000	343,000	-10,000	-1,602,000	-1,260,000	-120,000	-21,000	-44,000	-650,000	113,000	74,000	106,000	-412,000	534,000	332,000	356,000	-1,029,000	114,000	254,000	-1,040,000	615,000	146,000	209,000	187,000
net cash from operating activities	132,185,000	4,045,000	76,769,000	31,681,000	76,955,000	30,146,000	55,589,000	44,692,000	79,985,000	44,439,000	40,337,000	39,037,000	67,833,000	30,178,000	49,844,000	22,433,000	87,116,000	26,794,000	26,059,000	37,211,000	64,708,000	17,005,000	26,957,000	15,285,000	32,456,000	889,000	23,979,000	31,140,000	36,586,000	31,064,000	17,760,000	24,770,000	23,341,000	31,210,000	9,685,000	19,933,000	28,985,000	26,768,000	20,239,000	24,047,000	37,179,000	15,765,000	9,572,000	21,897,000	35,982,000	20,239,000	32,182,000	35,444,000	39,919,000	30,162,000	24,482,000	24,574,000	42,881,000	27,459,000	24,434,000	17,909,000	30,117,000	27,732,000	11,058,000	31,093,000	18,954,000	10,005,000	7,532,000	15,919,000	22,171,000	11,538,000	10,585,000	12,953,000	6,467,000	8,393,000	14,178,000	14,071,000	10,998,000	13,082,000	4,466,000	5,846,000	8,085,000	8,731,000
capital expenditures	-344,000	-2,119,000	-3,187,000	-1,879,000	-783,000	-262,000	-1,848,000	-863,000	-859,000	-1,814,000	-266,000	-1,147,000	-1,055,000	-805,000	-514,000	-867,000	-583,000	-1,335,000	-551,000	-1,442,000	-2,182,000	-2,332,000	-2,019,000	-1,643,000	-1,292,000	-454,000	-616,000	-841,000	-1,456,000	-1,106,000	-477,000	-3,521,000	-1,750,000	-2,663,000	-1,160,000	-1,474,000	-1,939,000	-2,405,000	-1,047,000	-1,033,000	-1,273,000	-1,892,000	-1,437,000	-1,678,000	-2,042,000	-1,286,000	-1,084,000	-1,372,000	-982,000	-1,348,000	-1,274,000	-1,312,000	-2,215,000	-2,252,000	-1,673,000	-1,681,000	-1,379,000	-1,520,000	-1,379,000	-1,518,000	-865,000	-1,199,000	-1,028,000	-773,000	-1,019,000	-571,000	-867,000	-913,000	-1,126,000	-694,000	-1,163,000	-1,556,000	-1,255,000	-1,214,000	-637,000	-1,232,000	-1,047,000	-901,000
free cash flows	131,841,000	1,926,000	73,582,000	29,802,000	76,172,000	29,884,000	53,741,000	43,829,000	79,126,000	42,625,000	40,071,000	37,890,000	66,778,000	29,373,000	49,330,000	21,566,000	86,533,000	25,459,000	25,508,000	35,769,000	62,526,000	14,673,000	24,938,000	13,642,000	31,164,000	435,000	23,363,000	30,299,000	35,130,000	29,958,000	17,283,000	21,249,000	21,591,000	28,547,000	8,525,000	18,459,000	27,046,000	24,363,000	19,192,000	23,014,000	35,906,000	13,873,000	8,135,000	20,219,000	33,940,000	18,953,000	31,098,000	34,072,000	38,937,000	28,814,000	23,208,000	23,262,000	40,666,000	25,207,000	22,761,000	16,228,000	28,738,000	26,212,000	9,679,000	29,575,000	18,089,000	8,806,000	6,504,000	15,146,000	21,152,000	10,967,000	9,718,000	12,040,000	5,341,000	7,699,000	13,015,000	12,515,000	9,743,000	11,868,000	3,829,000	4,614,000	7,038,000	7,830,000
cash flows from investing activities
purchase of property and equipment	-344,000	-2,119,000	-3,187,000	-1,879,000	-783,000	-262,000	-1,848,000	-863,000	-859,000	-1,814,000	-266,000	-1,147,000	-1,055,000	-805,000	-514,000	-867,000	-583,000	-1,335,000	-551,000	-1,442,000	-2,182,000	-2,332,000	-2,019,000	-1,643,000	-1,292,000	-454,000	-616,000	-841,000	-1,456,000	-1,106,000	-477,000	-3,521,000	-1,750,000	-2,663,000	-1,160,000	-1,474,000	-1,939,000	-2,405,000	-1,047,000	-1,033,000	-1,273,000	-1,892,000	-1,437,000	-1,678,000	-2,042,000	-1,286,000	-1,084,000	-1,372,000	-982,000	-1,348,000	-1,274,000	-1,312,000	-2,215,000	-2,252,000	-1,673,000	-1,681,000	-1,379,000	-1,520,000	-1,379,000	-1,518,000	-865,000	-1,199,000	-1,028,000	-773,000	-1,019,000	-571,000	-867,000	-913,000	-1,126,000	-694,000	-1,163,000	-1,556,000	-1,255,000	-1,214,000	-637,000	-1,232,000	-1,047,000	-901,000
purchase of equity securities	-169,000	-156,000	-482,000	-6,144,000	-545,000	-207,000	-108,000	-473,000	-373,000	-490,000	-260,000	-312,000	-84,000	-168,000	-778,000	-1,015,000	-612,000
proceeds from sale of headquarters	0	0	0	34,849,000
business combination, net of cash acquired	200,000	0			598,000	-44,909,000	0	-21,000,000																	0
net cash from investing activities	-313,000	-2,275,000	-29,684,000	26,826,000	-730,000	-45,378,000	-1,956,000	-22,336,000	-1,232,000	-2,304,000	-526,000	-1,459,000	-1,139,000	-973,000	-1,292,000	-1,882,000	-18,089,000	-1,656,000	-3,257,000	-1,442,000	8,663,000	-2,332,000	-2,019,000	31,157,000	20,051,000	-125,318,000	32,090,000	-828,000	-1,250,000	-731,000	-21,642,000	18,362,000	-2,394,000	-2,398,000	-952,000	-12,247,000	-1,885,000	-5,320,000	-10,946,000	-9,894,000	-15,721,000	-18,372,000	-13,359,000	-14,737,000	-11,011,000	-16,155,000	-43,345,000	-19,530,000	-19,715,000	-22,951,000	-39,413,000	-8,079,000	-11,424,000	-2,252,000	-1,673,000	-483,000	-1,379,000	-1,520,000	-1,379,000	-3,514,000	135,000	2,594,000	573,000	-3,274,000	-1,769,000	-4,864,000	-867,000	-913,000	-1,126,000	-694,000	-1,163,000	-1,556,000	-1,255,000	-1,214,000	-637,000	-1,232,000	-1,047,000	-901,000
cash flows from financing activities
repurchase of common stock	-259,293,000	-40,740,000	-131,023,000	-15,050,000	-29,821,000	-31,899,000	-51,903,000	-51,392,000	-50,366,000	-51,298,000	-31,327,000	-51,030,000	-60,790,000	-31,344,000	-39,864,000	-18,923,000	-39,825,000	-85,322,000	-90,044,000	-90,048,000	-62,127,000				-37,172,000	0	0	-40,026,000	-40,014,000	-54,380,000	-13,288,000	-25,015,000	-20,909,000	-80,050,000			-25,001,000				-56,897,000	-9,589,000			0	-50,040,000	0	-105,085,000									0	0			0	0	-18,601,000	-12,905,000					0	-7,781,000	-9,607,000	-7,841,000
proceeds from stock-based compensation plans	7,529,000	0			6,437,000	0	5,760,000	5,340,000	5,687,000	1,385,000	5,167,000	1,201,000	6,113,000	1,933,000	6,672,000	687,000	6,072,000	427,000	7,826,000	15,435,000	13,518,000	1,732,000	5,040,000	231,000	6,851,000	24,619,000	5,662,000	663,000	9,155,000	3,203,000	16,228,000	13,398,000	12,401,000	978,000	11,165,000	5,570,000
proceeds from issuance of convertible notes	0	0
purchase of capped calls	0	0
payment of contingent liability
payment of debt issuance costs	0	-1,158,000	-20,396,000	-1,846,000										0	0	-63,000
other	-18,000	-18,000															0
net cash from financing activities	-251,782,000	-41,916,000	655,907,000	-16,908,000	-23,724,000	-31,899,000	-46,143,000	-46,052,000	-44,679,000	-49,913,000	-26,160,000	-49,829,000	-54,677,000	-29,411,000	-33,192,000	-18,299,000	-33,753,000	-85,504,000	-82,218,000	-74,613,000	-48,609,000	-31,400,000	5,040,000	231,000	-30,321,000	24,619,000	5,662,000	-39,363,000	-30,859,000	-51,177,000	2,940,000	-11,617,000	-8,508,000	-79,072,000	-94,000	5,570,000	-16,485,000	-18,604,000	10,812,000	1,842,000	-51,431,000	-7,424,000	-14,614,000	3,499,000	6,469,000	-47,753,000	8,844,000	-101,200,000	-37,566,000	6,975,000	15,171,000	11,342,000	9,017,000	17,708,000	8,672,000	5,811,000	13,092,000	11,337,000	-41,740,000	5,804,000	5,768,000	5,617,000	-10,747,000	-7,942,000	5,010,000	5,153,000	2,829,000	687,000	52,000	-7,564,000	-8,498,000	-6,128,000	-13,777,000	4,191,000	4,094,000	1,135,000	1,504,000	-1,349,000
effects of exchange rate — changes in cash	-6,449,000	2,937,000	-2,671,000	19,532,000	6,027,000	-12,365,000	7,710,000	-1,187,000	-5,630,000	8,801,000	-4,953,000	-938,000	2,292,000	11,190,000	-11,588,000	-11,046,000	-1,458,000	-1,750,000	-3,926,000	756,000	-5,094,000	11,143,000	7,743,000	2,677,000	-6,129,000	2,210,000	-4,927,000	1,880,000	-3,883,000	-4,939,000	2,211,000	-10,387,000	3,851,000	1,423,000	5,170,000	6,775,000	2,464,000	-8,226,000	-558,000	-1,855,000	1,684,000	-777,000	-4,864,000	2,137,000	-8,713,000	-5,959,000	-6,650,000	1,096,000	-438,000	-820,000			-1,808,000	398,000	2,417,000	-2,190,000	1,252,000			458,000	920,000	319,000	2,610,000	-1,331,000	-244,000	43,000	719,000	1,282,000	-1,019,000	-563,000	-1,467,000	161,000	587,000	-134,000	725,000	-215,000	-35,000	-151,000
net increase in cash and cash equivalents	-126,359,000	-37,209,000	700,321,000	61,131,000					28,444,000				14,309,000					-62,116,000									56,804,000	-7,171,000			1,269,000	21,128,000	16,290,000	-48,837,000	13,809,000	20,031,000	13,079,000	-5,382,000	19,547,000	14,140,000				12,796,000	22,727,000	-49,628,000	-8,969,000	-84,190,000	-17,800,000	13,366,000	3,349,000	24,854,000	38,666,000	43,313,000	33,850,000	21,047,000	43,082,000	37,262,000	-34,267,000	33,841,000	25,777,000	18,535,000	-32,000	3,372,000	25,168,000	11,870,000	13,266,000	14,009,000	4,374,000	-428,000	3,050,000	6,548,000	-3,447,000	15,925,000	8,648,000	5,534,000	8,507,000	6,330,000
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year
supplemental disclosures of cash flow information
income taxes paid
noncash activities:
issuance of common stock for business combination					0	0	0	4,900,000
operating lease liabilities arising from obtaining right-of-use assets	523,000	12,916,000	1,913,000	20,252,000	1,109,000	220,000	2,499,000	1,968,000
amortization of deferred commissions cost		12,137,000	11,221,000	10,989,000	9,658,000	8,279,000	8,019,000	7,458,000	6,987,000	6,795,000	6,430,000	6,319,000	6,093,000	5,777,000	5,442,000	5,314,000	4,995,000	4,694,000	4,484,000	4,166,000	4,571,000	4,221,000	4,959,000	4,567,000	4,567,000	4,420,000	4,227,000	4,503,000	4,342,000	4,090,000	4,301,000	4,615,000	4,273,000	3,975,000	3,738,000	4,601,000
cash and cash equivalents at beginning of period		0	0	302,103,000		0	0	312,754,000		0	0	287,778,000		0	0	267,507,000		0									0	327,992,000		0	0	330,784,000		0	0	329,491,000		0	0	288,107,000		0	0	337,673,000		0	0	457,733,000		0	0	433,964,000		0	0	297,088,000		0	0	217,170,000		0	0	169,518,000		0	0	105,205,000		0	0	91,661,000		0	0	65,001,000		0
cash and cash equivalents at end of period		-37,209,000	700,321,000	363,234,000		-59,496,000	15,200,000	287,871,000		1,023,000	8,698,000	274,589,000		10,984,000	3,772,000	258,713,000		-62,116,000									56,804,000	320,821,000		-25,783,000	1,269,000	351,912,000		-48,837,000	13,809,000	349,522,000		-5,382,000	19,547,000	302,247,000		-10,808,000	-23,265,000	350,469,000		-49,628,000	-8,969,000	373,543,000		13,366,000	3,349,000	458,818,000		43,313,000	33,850,000	318,135,000		37,262,000	-34,267,000	251,011,000		18,535,000	-32,000	172,890,000		11,870,000	13,266,000	119,214,000		-428,000	3,050,000	98,209,000		15,925,000	8,648,000	70,535,000		6,330,000
supplemental disclosures of noncash activities
debt issuance costs accrued but not paid, included in accrued liabilities
payment of financial liability				-12,000
payment on contingent liability
net decrease in cash and cash equivalents						-59,496,000	15,200,000	-24,883,000			8,698,000	-13,189,000			3,772,000	-8,794,000																										-10,808,000
noncash headquarters impairment
operating lease assets and liabilities									131,000	354,000	-7,000	72,000	5,000	120,000	102,000	-283,000	-116,000	-265,000	-391,000	-153,000	-438,000	89,000	-288,000	-520,000	-714,000	-554,000	-806,000	848,000
debt issuance costs																																													0	-87,000	-94,000	-1,081,000
interest paid
impairment of operating lease assets																					380,000	612,000	225,000	467,000	566,000	145,000	1,332,000	718,000
proceeds from maturity of short-term investments																					10,845,000	0	0	32,800,000	32,188,000	32,631,000	32,706,000	32,813,000	32,394,000	33,006,000	33,102,000	33,135,000	31,599,000	33,272,000	33,310,000	33,299,000	2,449,000	24,387,000	23,411,000	24,438,000	12,474,000	12,482,000	11,489,000	13,490,000	12,495,000	12,495,000	14,983,000	4,000,000	3,000,000	1,000,000	0	1,948,000	0	0	0	3,146,000	0	0	0	1,150,000	1,000,000	3,793,000
noncash change in contingent consideration
impairment of intangible assets
purchase of short-term investments																									-10,845,000	0	0	-32,800,000	-32,188,000	-32,631,000	-54,267,000	-11,252,000	-32,243,000	-33,007,000	-33,102,000	-44,072,000	-2,395,000	-27,302,000	-33,310,000	-33,299,000	-26,836,000	-24,386,000	-23,411,000	-24,438,000	-12,475,000	-12,482,000	-39,978,000	-3,998,000	-2,998,000	-2,996,000			0	0	0	-1,948,000	0	0	0	-3,146,000	0	0	-250,000	-2,501,000	-1,000,000
net increase in cash, cash equivalents and restricted cash																				-38,088,000	19,668,000	-5,584,000	37,721,000	49,350,000
cash, cash equivalents and restricted cash at beginning of year
cash, cash equivalents and restricted cash at end of year
purchases of investments
cash, cash equivalents and restricted cash at beginning of period																				397,237,000		0	0	296,082,000
cash, cash equivalents and restricted cash at end of period																				359,149,000		-5,584,000	37,721,000	345,432,000
non-cash change in contingent consideration
net loss																						1,673,000					-7,084,000	-6,846,000			891,000	-8,567,000		-58,945,000	-1,010,000	-284,000		-42,000	-562,000	-2,044,000
adjustments to reconcile net loss to net cash from operating activities:
impairment of intangible asset																						0
equity in loss of affiliate																																	3,340,000	158,000			414,000	300,000	158,000	86,000
net decrease in cash, cash equivalents and restricted cash
excess tax benefits from stock-based compensation																																					-1,466,000	-3,575,000	-909,000	-292,000	-401,000	-364,000	-4,114,000	-1,785,000	-836,000	-834,000	-598,000	-2,789,000	-8,224,000	-3,270,000	-8,558,000	-8,285,000	-4,966,000	-10,827,000	-4,227,000	-3,060,000	-8,983,000	-3,712,000	-1,712,000	-1,602,000	-2,481,000	-1,591,000	-2,418,000	-554,000	-726,000	-1,710,000	-804,000	-155,000	120,000	138,000	-253,000	-474,000	-587,000	-2,011,000	-1,509,000	-977,000
equity in income of affiliate																																				-39,000
purchase of equity method investment
purchases for corporate campus headquarters																																									0	0	0	-2,111,000	-8,989,000	-14,882,000	-17,266,000	-18,160,000	-18,735,000	-19,607,000	-15,157,000	-8,715,000
purchases for corporate campus headquarters in accounts payable and accrued liabilities
purchases of equity method investment
proceeds from the exercise of stock options and the employee stock purchase plan																																						2,818,000			5,065,000	1,801,000	6,263,000	1,714,000	5,633,000	1,540,000
prepaid expenses and other current assets																																							-711,000	-3,596,000	569,000	7,652,000	-2,042,000	-2,765,000	-1,224,000	-2,921,000	-8,299,000	537,000	-2,850,000	4,690,000	-1,042,000	3,150,000	-36,000	-3,443,000	109,000	686,000	-2,387,000	-813,000	314,000	-1,312,000	-2,613,000	1,173,000	-245,000	-2,071,000	1,195,000	-36,000	-1,825,000	-120,000	732,000	-199,000	-685,000	-346,000	36,000	803,000	-258,000	-232,000	-1,457,000	-99,000
other assets																																							-70,000	924,000	-174,000	3,000	470,000	-870,000	651,000	683,000	-307,000	202,000	-515,000	158,000	150,000	47,000	-251,000	111,000	-2,368,000	664,000	-525,000	-663,000	-2,059,000	-473,000	35,000	30,000	-125,000	-254,000	-292,000	-21,000	-70,000	286,000	31,000	-10,000	-500,000	6,000	32,000	49,000	-23,000	-208,000	-157,000	40,000
repurchase of common stock in accrued expenses
proceeds from the exercise of stock options																																								1,550,000								2,177,000	4,240,000	3,705,000	6,613,000	3,057,000	4,051,000	6,881,000	4,445,000	2,751,000	4,109,000	7,625,000	2,187,000	4,202,000	3,287,000	4,026,000	5,436,000	4,409,000	4,284,000	3,443,000			276,000	355,000	856,000	1,239,000	649,000	2,180,000	2,633,000	3,295,000	1,521,000	153,000
purchases for corporate campus headquarters in accounts payable and accrued expenses																																														173,000	-424,000	5,083,000		-1,631,000	472,000	5,897,000
effects of exchange rate – changes in cash																																																				-2,983,000
adjustments to reconcile net income to net cash from operating activities: depreciation and amortization
accounts receivable																																																														-13,051,000			-6,739,000	-3,977,000	-4,250,000	3,165,000	-3,211,000	-5,552,000	-1,519,000	6,392,000	-10,264,000	-2,667,000	-5,111,000	-3,157,000	-307,000	-3,794,000
net proceeds from follow-on public offering of common stock																																																																									0	0	-48,000	4,363,000
repayments on term loan																																																																									0	0	0	-7,500,000	-1,250,000	-1,250,000
proceeds from the exercise of stock options and vesting of restricted stock awards																																																																				532,000
proceeds from term loan																																																																													0	0
payments to series a through e preferred stockholders upon conversion to common stock																																																																													0	0
net proceeds from initial public offering and concurrent private placement																																																																													0	-252,000
deferred revenue and other liabilities																																																																						3,789,000	4,199,000	2,921,000	7,061,000	4,229,000	2,495,000	4,083,000	3,100,000	3,634,000
deferred offering costs from initial public offering
noncash stock compensation																																																																														1,445,000
accrued expenses																																																																														2,125,000

Commvault Systems, Inc(NASDAQ:CVLT)

Commvault Systems, Inc
(NASDAQ:CVLT)