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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2016
Jan. 31, 2015
Jan. 31, 2014
Cash flows from operating activities:      
Net income $ 76,508 $ 50,571 $ 25,654
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of property and equipment 1,606 1,335 1,096
Amortization/accretion of marketable securities 525 675 0
Loss on disposal of long-lived assets 13 21 13
Stock-based compensation 31,094 15,692 8,535
Excess income tax benefits associated with stock-based compensation 0 (3,286) (903)
Other non-cash items, net 142 26 0
Changes in operating assets and liabilities, net of effects of acquisitions:      
Accounts receivable 1,262 (21,343) 1,316
Inventories 3,627 (11,241) (1,534)
Prepaid expenses and other current assets (572) (563) (375)
Deferred tax assets 1,291 (3,184) (442)
Other assets (114) 307 63
Accounts payable (6,880) 12,715 1,270
Accrued liabilities 4,189 6,837 (2,642)
Income taxes payable 244 3,490 807
Deferred tax liabilities 43 83 9
Deferred revenue 4,939 274 1,380
Other long-term liabilities 5,644 (151) 103
Net cash provided by operating activities 123,561 52,258 34,350
Cash flows from investing activities:      
Acquisition, net of cash acquired (29,905) 0 0
Investment in a private company 0 (290) 0
Purchase of investments (52,786) (59,807) 0
Sales of investments 17,732 8,729 0
Maturities of investments 32,248 12,668 0
Net proceeds from disposal of fixed assets 0 0 13
Purchase of property and equipment (2,085) (1,361) (1,701)
Net cash used in investing activities (34,796) (40,061) (1,688)
Cash flows from financing activities:      
Proceeds from exercise of stock options, warrants, and employee stock purchase plan, net of repurchase of stock options 9,000 11,414 9,360
Payment for initial public offering cost 0 0 (25)
Excess income tax benefits associated with stock-based compensation 0 3,286 903
Net cash provided by financing activities 9,000 14,700 10,238
Net increase in cash and cash equivalents 97,765 26,897 42,900
Cash and cash equivalents at beginning of period 170,291 143,394 100,494
Cash and cash equivalents at end of period 268,056 170,291 143,394
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 1,618 1,069 1,766
Supplemental disclosure of noncash investing activities:      
Increase in accrued liabilities related to non-monetary assets purchases $ 43 $ 75 $ 24