XML 17 R7.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Nov. 03, 2024
Nov. 05, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 64,304 $ (4,127)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 97,529 91,560
Stock-based compensation expense 318,956 255,243
Noncash portion of lease impairment and abandonment 3,270 16,766
Other 5,107 (5,844)
Changes in operating assets and liabilities:    
Accounts receivable, net 83,998 (23,959)
Inventory (1,590) 5,278
Deferred commissions 6,822 (19,061)
Prepaid expenses and other assets (65,444) 19,686
Operating lease right-of-use assets 25,911 27,269
Accounts payable 20,597 33,844
Accrued compensation and other liabilities (70,951) (52,757)
Operating lease liabilities (30,353) (21,457)
Deferred revenue 86,934 110,856
Net cash provided by operating activities 545,090 433,297
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (170,641) (151,591)
Purchases of marketable securities and other (314,083) (351,725)
Sales of marketable securities 61,241 52,495
Maturities of marketable securities 329,978 495,899
Net cash provided by (used in) investing activities (93,505) 45,078
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercise of stock options 21,194 32,904
Proceeds from issuance of common stock under employee stock purchase plan 51,736 45,089
Proceeds from borrowings 0 106,890
Principal payments on borrowings and finance lease obligations (5,721) (584,582)
Tax withholding on vesting of equity awards (141,591) (16,582)
Repurchases of common stock (181,999) (114,341)
Net cash used in financing activities (256,381) (530,622)
Net increase (decrease) in cash, cash equivalents and restricted cash 195,204 (52,247)
Cash, cash equivalents and restricted cash, beginning of period 712,131 591,398
Cash, cash equivalents and restricted cash, end of period 907,335 539,151
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD    
Cash and cash equivalents 894,569 529,191
Restricted cash 11,249 9,960
Restricted cash included in prepaid expenses and other current assets 1,517 0
Cash, cash equivalents and restricted cash, end of period 907,335 539,151
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 5,306 3,989
Cash paid for income taxes 29,527 19,459
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING INFORMATION    
Property and equipment purchased but not yet paid $ 14,376 $ 13,957