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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Aug. 06, 2023
Aug. 07, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (74,516) $ (613)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 59,913 46,549
Stock-based compensation expense 167,277 158,135
Lease impairment and abandonment charges 16,766 0
Other (3,029) 3,031
Changes in operating assets and liabilities, net of effect of acquisition:    
Accounts receivable, net 87,231 140,007
Inventory 4,460 (12,492)
Deferred commissions (9,560) 10,626
Prepaid expenses and other assets (358) (15,563)
Operating lease right-of-use assets 19,635 16,820
Accounts payable 26,311 (6,529)
Accrued compensation and other liabilities (57,524) (37,824)
Operating lease liabilities (13,133) (21,442)
Deferred revenue 51,392 98,807
Net cash provided by operating activities 274,865 379,512
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (106,529) (57,994)
Acquisition, net of cash acquired 0 (1,989)
Purchases of marketable securities (246,617) (17,251)
Sales of marketable securities 48,748 0
Maturities of marketable securities 386,703 240,993
Net cash provided by investing activities 82,305 163,759
CASH FLOWS FROM FINANCING ACTIVITIES    
Net proceeds from exercise of stock options 29,848 15,264
Proceeds from issuance of common stock under employee stock purchase plan 21,219 19,396
Principal payments on borrowings and finance lease obligations (577,067) (251,577)
Proceeds from borrowings 100,000 0
Tax withholding on vesting of equity awards (11,827) (12,987)
Repurchases of common stock (91,881) (126,999)
Net cash used in financing activities (529,708) (356,903)
Net increase (decrease) in cash, cash equivalents and restricted cash (172,538) 186,368
Cash, cash equivalents and restricted cash, beginning of period 591,398 476,743
Cash, cash equivalents and restricted cash, end of period 418,860 663,111
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD    
Cash and cash equivalents 408,900 652,567
Restricted cash 9,960 10,544
Cash, cash equivalents and restricted cash, end of period 418,860 663,111
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 2,139 742
Cash paid for income taxes 13,988 4,817
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING INFORMATION    
Property and equipment purchased but not yet paid $ 18,406 $ 11,187