XML 21 R7.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Jan. 31, 2017
Cash flows from operating activities:      
Net income (loss) $ (30,447) $ 18,852 $ 57,810
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation of property and equipment 2,571 1,789 1,535
Amortization of intangible assets 4,650 2,981 50
Amortization/accretion of marketable debt securities (670) 172 246
Stock-based compensation 60,812 56,861 48,832
Deferred income taxes (6,945) 2,092 764
Other non-cash items, net 350 165 85
Changes in operating assets and liabilities:      
Accounts receivable 5,082 7,302 812
Inventories 5,131 (3,238) (1,978)
Prepaid expenses and other current assets (2,202) 379 (216)
Other non-current assets (155) (33) (107)
Accounts payable (7,014) (140) 5,780
Accrued liabilities (8,302) 1,430 2,069
Income taxes payable 57 368 (219)
Deferred revenue 265 (7,026) (2,652)
Other long-term liabilities 1,289 3,450 505
Net cash provided by operating activities 24,472 85,404 113,316
Cash flows from investing activities:      
Purchase of investments (207,841) (74,863) (115,546)
Sales of investments 66,211 10,900 31,078
Maturities of investments 65,428 58,050 41,435
Purchase of property and equipment (2,940) (3,687) (2,701)
Net cash used in investing activities (79,142) (9,600) (45,734)
Cash flows from financing activities:      
Proceeds from exercise of stock options and employee stock purchase plan 6,686 7,091 7,419
Stock repurchase (99,904) (54,788) (20,183)
Payment for intangible assets (4,735) (4,306) 0
Net cash used in financing activities (97,953) (52,003) (12,764)
Net increase (decrease) in cash, cash equivalents and restricted cash (152,623) 23,801 54,818
Cash, cash equivalents and restricted cash at beginning of period 346,681 322,880 268,062
Cash, cash equivalents and restricted cash at end of period 194,058 346,681 322,880
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 1,409 845 2,070
Supplemental disclosure of noncash investing activities:      
Unpaid liabilities related to intangible and fixed assets purchases $ 933 $ 9,008 $ 481