XML 16 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2017
Jul. 31, 2016
Cash flows from operating activities:    
Net income $ 5,867 $ 10,415
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property and equipment 855 819
Amortization of intangible assets 1,147 23
Amortization/accretion of marketable securities 101 125
Stock-based compensation 27,407 22,767
Other non-cash items, net 43 67
Changes in operating assets and liabilities:    
Accounts receivable 245 5,820
Inventories 2,419 (2,731)
Prepaid expenses and other current assets 1,618 2
Deferred tax assets (525) 1,054
Other assets (5) 119
Accounts payable 3,511 5,548
Accrued liabilities (9,293) (543)
Income taxes payable 1,446 (787)
Deferred tax liabilities 0 (58)
Deferred revenue (1,222) (4,613)
Other long-term liabilities 39 26
Net cash provided by operating activities 33,653 38,053
Cash flows from investing activities:    
Purchase of investments (28,049) (50,214)
Sales of investments 4,500 19,827
Maturities of investments 14,840 19,560
Purchase of property and equipment (1,853) (997)
Net cash used in investing activities (10,562) (11,824)
Cash flows from financing activities:    
Stock repurchase (38,720) (20,183)
Proceeds from exercise of stock options and employee stock purchase plan 3,396 2,405
Payment for software license liabilities (901) 0
Net cash used in financing activities (36,225) (17,778)
Net increase (decrease) in cash and cash equivalents (13,134) 8,451
Cash and cash equivalents at beginning of period 322,872 268,056
Cash and cash equivalents at end of period 309,738 276,507
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 567 637
Supplemental disclosure of noncash investing and financing activities:    
Increase in liabilities related to intangible and fixed asset purchases $ 9,193 $ 86