Business Combination (Tables)

12 Months Ended

Jan. 31, 2020

Business Combinations [Abstract]

Fair Value of Consideration Transferred

The merger-date fair value of the consideration transferred for Hortonworks was approximately $1.2 billion, which consisted of the following (in thousands except for share data):

	Fair Value
Common stock (111,304,700 shares)	$	1,154,230
Fair value of share-based compensation awards assumed	48,197
Total	$	1,202,427

The amounts of revenue and net loss of Hortonworks included in our results from the transaction date of January 3, 2019 through January 31, 2019 are as follows (in thousands):

	29 Days Ended January 31, 2019
Revenue	$	19,597
Net loss	(9,226)

Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the fair values of assets acquired and liabilities assumed as of the Closing Date (in thousands):

	Fair Value
Cash and cash equivalents	$	40,886
Marketable securities, current	8,103
Accounts receivable, net	165,958
Prepaid expenses and other assets	23,512
Property and equipment, net	8,091
Intangible assets	682,600
Accounts payable	(2,888)
Accrued compensation	(31,007)
Other accrued liabilities and long-term liabilities	(12,163)
Deferred revenue	(233,500)
Total net assets acquired and liabilities assumed	$	649,592

Schedule of Acquired Finite-Lived Intangible Assets

The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the Closing Date:

	Fair Value		Estimated Useful Life
	(in thousands)		(in years)
Unbilled contracts	$	18,300	2
Customer relationships	661,600		10
Trade names	2,700		1
Total identified intangible assets	$	682,600