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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 04, 2024
Feb. 04, 2024
Current assets:    
Cash and cash equivalents $ 965,028 $ 702,536
Marketable securities 855,453 828,557
Accounts receivable, net of allowance of $1,060 and $959 416,501 662,179
Inventory 43,548 42,663
Deferred commissions, current 87,424 88,712
Prepaid expenses and other current assets 185,072 173,407
Total current assets 2,553,026 2,498,054
Property and equipment, net 396,676 352,604
Operating lease right-of-use assets 138,781 129,942
Deferred commissions, non-current 210,755 215,620
Intangible assets, net 27,004 33,012
Goodwill 361,427 361,427
Restricted cash 14,779 9,595
Other assets, non-current 78,825 55,506
Total assets 3,781,273 3,655,760
Current liabilities:    
Accounts payable 68,104 82,757
Accrued compensation and benefits 176,553 250,257
Accrued expenses and other liabilities 119,430 135,755
Operating lease liabilities, current 49,575 44,668
Deferred revenue, current 869,332 852,247
Total current liabilities 1,282,994 1,365,684
Long-term debt 100,000 100,000
Operating lease liabilities, non-current 128,674 123,201
Deferred revenue, non-current 754,328 742,275
Other liabilities, non-current 62,116 54,506
Total liabilities 2,328,112 2,385,666
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Preferred stock, par value of $0.0001 per share— 20,000 shares authorized; no shares issued and outstanding 0 0
Class A and Class B common stock, par value of $0.0001 per share— 2,250,000 (Class A 2,000,000, Class B 250,000) shares authorized; 319,523 and 327,465 Class A shares issued and outstanding 33 32
Additional paid-in capital 2,925,507 2,749,595
Accumulated other comprehensive income (loss) 2,707 (3,782)
Accumulated deficit (1,475,086) (1,475,751)
Total stockholders’ equity 1,453,161 1,270,094
Total liabilities and stockholders’ equity $ 3,781,273 $ 3,655,760