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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Aug. 04, 2024
Aug. 06, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 665 $ (74,516)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 69,827 59,913
Stock-based compensation expense 217,884 167,277
Impairment of long-lived assets 3,270 16,766
Other 2,726 (3,029)
Changes in operating assets and liabilities:    
Accounts receivable, net 245,721 87,231
Inventory (6,661) 4,460
Deferred commissions 6,153 (9,560)
Prepaid expenses and other assets (27,006) (358)
Operating lease right-of-use assets 16,528 19,635
Accounts payable (13,158) 26,311
Accrued compensation and other liabilities (78,732) (57,524)
Operating lease liabilities (18,257) (13,133)
Deferred revenue 29,137 51,392
Net cash provided by operating activities 448,097 274,865
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (108,853) (106,529)
Purchases of marketable securities and other (270,451) (246,617)
Sales of marketable securities 48,424 48,748
Maturities of marketable securities 197,984 386,703
Net cash provided by (used in) investing activities (132,896) 82,305
CASH FLOWS FROM FINANCING ACTIVITIES    
Net proceeds from exercise of stock options 17,768 29,848
Proceeds from issuance of common stock under employee stock purchase plan 25,328 21,219
Proceeds from borrowing 0 100,000
Principal payments on borrowings and finance lease obligations (3,935) (577,067)
Tax withholding on vesting of equity awards (86,686) (11,827)
Repurchases of common stock 0 (91,881)
Net cash used in financing activities (47,525) (529,708)
Net increase (decrease) in cash, cash equivalents and restricted cash 267,676 (172,538)
Cash, cash equivalents and restricted cash, beginning of period 712,131 591,398
Cash, cash equivalents and restricted cash, end of period 979,807 418,860
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD    
Cash and cash equivalents 965,028 408,900
Restricted cash 14,779 9,960
Cash, cash equivalents and restricted cash, end of period 979,807 418,860
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 3,520 2,139
Cash paid for income taxes 23,154 13,988
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING INFORMATION    
Property and equipment purchased but not yet paid $ 14,214 $ 18,406