CommVault Systems, Inc. Consolidated Statements of Cash Flows. (In thousands). (Unaudited). Three Months Ended. Septembe
Table III CommVault Systems, Inc. Consolidated Statements of Cash Flows (In thousands) (Unaudited) Three Months Ended September 30, 2014
Cash flows from operating activities Net income
$
Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization Noncash stock-based compensation
Six Months Ended September 30,
2013
6,496
2014
2013
$ 17,354 $ 19,225 $ 30,816
1,776
1,544
3,446
3,017
15,072
10,782
29,487
20,290
(3,387)
(16,843)
(465)
(1,208)
Excess tax benefits from stock-based compensation
(598)
(8,558 )
Deferred income taxes
(142)
2,786
Changes in operating assets and liabilities: Trade accounts receivable
(1,948)
(10,452)
16,188
(1,402)
Prepaid expenses and other current assets
(8,299 )
(1,042 )
(7,762)
2,108
(105)
197
Other assets
(307)
Accounts payable
118
Accrued liabilities
10,209
Deferred revenue
9,815
Other liabilities
(10)
Net cash provided by operating activities Cash flows from investing activities Purchase of short-term investments Proceeds from maturity of short-term investments Purchase of property and equipment Net cash used in investing activities Cash flows from financing activities Repurchase of common stock Debt issuance costs
Net cash provided by (used in) financing activities Effects of exchange rate — changes in cash Net (decrease) increase in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period
$
(138) 5,524
(422)
13,309
6,760
(21)
(1,612 )
(65)
67,626
49,056
(39,978)
(22,982)
(43,976)
(22,982)
—
18,983
1,948
(17,266)
(15,157)
(35,426)
(23,872)
(1,084)
(1,274 )
(2,456 )
(2,586)
(43,345)
(39,413)
(62,875)
(47,492)
(94)
Excess tax benefits from stock-based compensation
313 (1,011)
24,482
—
Proceeds from stock options and the Employee Stock Purchase Plan
(355) 12,716
32,182
14,983
Purchases for corporate campus headquarters
150
—
(105,085)
—
—
(1,175 )
—
8,340
6,613
10,517
9,670
598
8,558
3,387
16,843
8,844 (6,650 )
15,171 3,109
(92,356)
26,513
(5,554 )
126
(8,969 ) 373,543
3,349 458,818
(93,159)
28,203
364,574
457,733
433,964 $ 462,167 $ 364,574 $ 462,167
