XML 20 R7.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Nov. 01, 2020
Oct. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (229,783) $ (196,336)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 49,811 66,785
Amortization of debt discount and debt issuance costs 21,525 20,186
Stock-based compensation expense 179,755 174,790
Impairment of long-lived assets 7,505 0
Other 4,111 (483)
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable, net 83,220 17,079
Inventory (4,724) 2,722
Deferred commissions (12,885) (8,158)
Prepaid expenses and other assets (37,606) 1,464
Operating lease right-of-use assets 21,434 19,962
Accounts payable 8,566 (35,244)
Accrued compensation and other liabilities (9,737) (31,011)
Operating lease liabilities (20,444) (19,020)
Deferred revenue 57,860 106,980
Net cash provided by operating activities 118,608 119,716
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (73,643) (74,206)
Acquisitions, net of cash acquired (339,806) (51,594)
Purchase of intangible assets 0 (9,000)
Purchases of marketable securities (454,391) (640,024)
Sales of marketable securities 132,207 116,518
Maturities of marketable securities 324,780 345,657
Other (5,000) 0
Net cash used in investing activities (415,853) (312,649)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net proceeds from exercise of stock options 25,677 25,804
Proceeds from issuance of common stock under employee stock purchase plan 32,439 43,291
Proceeds from borrowings, net of issuance costs 251,892 0
Repayment of debt assumed from acquisition 0 (11,555)
Tax withholding on vesting of restricted stock (4,080) (8,787)
Repurchases of common stock (111,554) 0
Net cash provided by financing activities 194,374 48,753
Net decrease in cash, cash equivalents and restricted cash (102,871) (144,180)
Cash, cash equivalents and restricted cash, beginning of period 377,922 463,813
Cash, cash equivalents and restricted cash, end of period 275,051 319,633
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 1,062 718
Cash paid for income taxes 8,911 3,398
Cash paid for amounts included in the measurement of lease liabilities 27,336 24,403
Property and equipment purchased but not yet paid 10,644 5,202
Operating lease right-of-use assets obtained in exchange for operating lease liabilities 53,289 14,937
Business Combination, Fair Value of Equity Awards Assumed $ 8,802 $ 0