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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Feb. 02, 2025
Feb. 04, 2024
Feb. 05, 2023
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 106,739 $ 61,311 $ 73,071
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 126,654 124,416 100,432
Stock-based compensation expense 421,306 331,427 327,617
Noncash portion of lease impairment and abandonment 4,630 16,766 0
Other 8,168 1,559 7,355
Changes in operating assets and liabilities, net of effect of acquisition:      
Accounts receivable, net (18,640) (49,687) (70,724)
Inventory (1,039) 6,810 (10,619)
Deferred commissions (24,289) (58,476) 451
Prepaid expenses and other assets (121,657) (25,669) (31,580)
Operating lease right-of-use assets 34,162 35,499 33,813
Accounts payable 30,439 13,468 (7,075)
Accrued compensation and other liabilities 30,261 43,317 72,084
Operating lease liabilities (43,917) (31,891) (33,359)
Deferred revenue 200,781 208,872 305,768
Net cash provided by operating activities 753,598 677,722 767,234
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchases of property and equipment (226,727) (195,161) (158,139)
Purchases of strategic investments (31,080) 0 0
Purchases of marketable securities (471,747) (471,501) (501,435)
Sales of marketable securities 100,975 59,053 6,155
Maturities of marketable securities 412,129 605,855 433,995
Other (1,750) 5,000 (1,989)
Net cash provided by (used in) investing activities (218,200) 3,246 (221,413)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from exercise of stock options 27,167 39,770 24,778
Proceeds from issuance of common stock under employee stock purchase plan 51,736 45,089 39,965
Proceeds from borrowings 0 106,890 0
Principal payments on borrowings and finance lease obligations (8,118) (586,199) (257,240)
Tax withholding on equity awards (206,587) (29,984) (19,601)
Repurchases of common stock (373,977) (135,801) (219,068)
Net cash used in financing activities (509,779) (560,235) (431,166)
Net increase in cash, cash equivalents and restricted cash 25,619 120,733 114,655
Cash, cash equivalents and restricted cash, beginning of year 712,131 591,398 476,743
Cash, cash equivalents and restricted cash, end of year 737,750 712,131 591,398
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF YEAR      
Cash and cash equivalents 702,536 580,854  
Restricted cash 14,167 9,595 10,544
Cash, cash equivalents and restricted cash, end of year 737,750 712,131 591,398
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Cash paid for interest 7,181 5,834 1,185
Cash paid for income taxes 38,082 28,667 14,391
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING INFORMATION      
Property and equipment purchased but not yet paid $ 16,205 $ 15,709 $ 14,902