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Condensed Consolidated Statements of Cash Flows
$ in Thousands
3 Months Ended
Apr. 30, 2018
USD ($)
Apr. 30, 2017
USD ($)
[1]
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (64,304) $ (57,159) [2],[3]
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 16,417 14,825
Amortization of debt discount and debt issuance costs 1,455 0
Stock-based compensation expense 43,955 32,219
Other 152 451
Changes in operating assets and liabilities:    
Accounts receivable, net 47,143 36,571
Inventory (4,429) (16,105)
Deferred commissions 1,269 (1,367)
Prepaid expenses and other current assets 11,111 (3,944)
Accounts payable (18,802) (3,982)
Accrued compensation and other liabilities (29,881) (24,194)
Deferred revenue 14,510 8,384
Net cash provided by (used in) operating activities 18,596 (14,301)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (22,296) (12,769)
Purchases of marketable securities (81,702) (55,976)
Sales of marketable securities 10,454 5,384
Maturities of marketable securities 61,023 46,321
Net cash used in investing activities (32,521) (17,040)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net proceeds from exercise of stock options 9,614 2,257
Proceeds from issuance of common stock under employee stock purchase plan 19,698 14,166
Proceeds from issuance of convertible senior notes, net of issuance costs 562,062 0
Payment for purchase of capped calls (64,630) 0
Repurchase of common stock (20,000) 0
Net cash provided by financing activities 506,744 16,423
Net increase (decrease) in cash, cash equivalents and restricted cash 492,819 (14,918)
Cash, cash equivalents and restricted cash, beginning of period 258,820 196,409
Cash, cash equivalents and restricted cash, end of period 751,639 181,491
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD:    
Cash and cash equivalents 735,140 168,757
Restricted cash 16,499 12,734
Cash, cash equivalents and restricted cash, end of period 751,639 181,491
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for income taxes 1,839 790
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING INFORMATION    
Property and equipment purchased but not yet paid 8,316 9,685
Vesting of early exercised stock options $ 320 $ 298
[1] * Prior period information has been adjusted to reflect the adoption impact of ASC 606 and ASU 2016-18, which we adopted on February 1, 2018
[2] * Prior period information has been adjusted to reflect the adoption impact of ASC 606, which we adopted on February 1, 2018.
[3] * Prior period information has been adjusted to reflect the adoption impact of ASC 606, which we adopted on February 1, 2018.