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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Aug. 07, 2022
Aug. 01, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (613) $ (129,471)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 46,549 38,099
Amortization of debt discount and debt issuance costs 1,603 15,154
Stock-based compensation expense 158,135 131,763
Other 1,428 6,516
Changes in operating assets and liabilities, net of effect of acquisition:    
Accounts receivable, net 140,007 102,506
Inventory (12,492) (3,242)
Deferred commissions 10,626 (8,041)
Prepaid expenses and other assets (15,563) (24,955)
Operating lease right-of-use assets 16,820 14,818
Accounts payable (6,529) (9,267)
Accrued compensation and other liabilities (37,824) (40,952)
Operating lease liabilities (21,442) (14,205)
Deferred revenue 98,807 66,117
Net cash provided by operating activities 379,512 144,840
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (57,994) (55,499)
Acquisition, net of cash acquired (1,989) 0
Purchases of marketable securities (17,251) (317,371)
Sales of marketable securities 0 114,038
Maturities of marketable securities 240,993 169,770
Net cash (used in) provided by investing activities 163,759 (89,062)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net proceeds from exercise of stock options 15,264 11,163
Proceeds from issuance of common stock under employee stock purchase plan 19,396 17,726
Principal payments on borrowings and finance lease obligations (251,577) (605)
Tax withholding on vesting of equity awards (12,987) (6,564)
Repurchases of common stock (126,999) (74,393)
Net cash used in financing activities (356,903) (52,673)
Net increase in cash, cash equivalents and restricted cash 186,368 3,105
Cash, cash equivalents and restricted cash, beginning of period 476,743 347,691
Cash, cash equivalents and restricted cash, end of period 663,111 350,796
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD    
Cash and cash equivalents 652,567 340,252
Restricted cash 10,544 10,544
Cash, cash equivalents and restricted cash, end of period 663,111 350,796
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 742 2,520
Cash paid for income taxes 4,817 6,050
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING INFORMATION    
Property and equipment purchased but not yet paid $ 11,187 $ 7,402