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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Jul. 31, 2022
Jul. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) $ 1,045 $ (8,700) $ (3,654) $ (23,273)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:        
Depreciation and amortization 17,781 19,707 36,317 39,087
Stock-based compensation expense 48,686 44,128 95,796 85,918
Amortization of deferred commissions 13,296 11,065 26,441 21,582
Other 1,572 515 1,871 958
Changes in operating assets and liabilities:        
Accounts receivable, net (50,705) (22,132) 86,171 94,703
Deferred commissions (14,502) (12,307) (23,561) (20,234)
Operating lease right-of-use assets, net 10,074 10,817 20,066 21,669
Other assets 3,506 857 (11,862) (7,959)
Accounts payable, accrued expenses and other liabilities 16,455 12,578 (1,995) 672
Operating lease liabilities (10,347) (10,526) (22,213) (24,453)
Deferred revenue (8,522) (1,210) (67,308) (49,106)
Net cash provided by operating activities 28,339 44,792 136,069 139,564
CASH FLOWS FROM INVESTING ACTIVITIES:        
Purchases of short-term investment (21,795)   (59,678) (50,000)
Maturities of short-term investments 105,000   185,000  
Purchases of property and equipment, net of sale proceeds (211) (1,090) (769) (2,235)
Capitalized internal-use software costs (1,978) (1,207) (4,510) (2,385)
Acquisitions, net of cash acquired (200)   (500) (56,642)
Other   677 (315) 677
Net cash provided by (used in) investing activities 80,816 (1,620) 119,228 (110,585)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Series A convertible preferred stock, net of issuance costs (53) 486,798 (103) 486,798
Repurchase of common stock (117,646) (284,081) (234,886) (284,081)
Payments of dividends to preferred stockholders (3,750)   (7,500)  
Proceeds from issuances of common stock under employee equity plans 276 436 14,740 14,302
Employee payroll taxes paid for net settlement of restricted stock units (16,888) (15,407) (58,727) (31,091)
Principal payments of finance lease liabilities (7,913) (12,623) (19,416) (25,885)
Other (2,679) (133) (4,952) (3,901)
Net cash (used in) provided by financing activities (148,653) 174,990 (310,844) 156,142
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (3,146) (209) (11,647) (420)
Net (decrease) increase in cash, cash equivalents, and restricted cash (42,644) 217,953 (67,194) 184,701
Cash, cash equivalents, and restricted cash, beginning of period [1] 392,338 562,259 416,888 595,511
Cash, cash equivalents, and restricted cash, end of period [1] $ 349,694 $ 780,212 $ 349,694 $ 780,212
[1] Restricted cash is included in other current assets in the condensed consolidated balance sheets for the periods presented.