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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Cash flows from operating activities:    
Net income $ 544,615 $ 213,064
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 201,111 85,632
Amortization of deferred contract acquisition costs 79,392 40,781
Gains on strategic investments (32,076) (2,538)
Depreciation and amortization 22,691 11,814
Provision for accounts receivable allowances 14,592 14,959
Non-cash operating lease cost 8,633 4,597
Charitable donation of common stock 0 23,312
Amortization on marketable securities 12,637 1,190
Other 264 838
Changes in operating assets and liabilities:    
Accounts receivable (117,259) (196,926)
Prepaid expenses and other assets (57,370) (53,729)
Deferred contract acquisition costs (102,597) (213,790)
Accounts payable 43,960 10,871
Accrued expenses and other liabilities 93,809 202,066
Deferred revenue 296,636 519,149
Operating lease liabilities, net (7,724) (979)
Net cash provided by operating activities 1,001,314 660,311
Cash flows from investing activities:    
Purchases of marketable securities (2,094,587) (484,882)
Maturities of marketable securities 791,906 287,338
Sales of marketable securities 119,569 36,897
Purchases of property and equipment (92,049) (35,253)
Purchases of strategic investments (86,900) (13,000)
Cash paid for acquisition, net of cash acquired (2,121) (26,486)
Purchase of intangible assets 0 (1,494)
Other 0 1,319
Net cash used in investing activities (1,364,182) (235,561)
Cash flows from financing activities:    
Proceeds from issuance of common stock for employee stock purchase plan 37,846 20,760
Proceeds from employee equity transactions to be remitted to employees and tax authorities, net 18,900 234,465
Proceeds from exercise of stock options 8,021 17,417
Other 337 0
Net cash provided by financing activities 65,104 272,642
Net (decrease) increase in cash, cash equivalents, and restricted cash (297,764) 697,392
Cash, cash equivalents, and restricted cash – beginning of period 2,293,116 334,082
Cash, cash equivalents, and restricted cash – end of period 1,995,352 1,031,474
Reconciliation of cash, cash equivalents, and restricted cash within the condensed consolidated balance sheets to the amounts shown in the condensed consolidated statements of cash flows above:    
Cash and cash equivalents 1,931,370 748,944
Restricted cash, current included in prepaid expenses and other current assets 63,185 280,309
Restricted cash, noncurrent included in other assets, noncurrent 797 2,221
Total cash, cash equivalents, and restricted cash $ 1,995,352 $ 1,031,474