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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Cash flows from operating activities:    
Net income $ 884,998 $ 411,706
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 315,912 179,557
Amortization of deferred contract acquisition costs 125,691 71,281
Gains on strategic investments, net (154,497) (2,538)
Depreciation and amortization 35,275 19,401
Provision for accounts receivable allowances 23,482 20,218
Non-cash operating lease cost 13,131 7,182
Charitable donation of common stock 0 23,312
Amortization on marketable securities 19,546 2,787
Other 2,127 930
Changes in operating assets and liabilities:    
Accounts receivable (108,541) (190,117)
Prepaid expenses and other assets (71,998) (48,258)
Deferred contract acquisition costs (165,305) (266,294)
Accounts payable 12,062 8,773
Accrued expenses and other liabilities 171,914 203,919
Deferred revenue 304,513 633,600
Operating lease liabilities, net (12,440) (3,678)
Net cash provided by operating activities 1,395,870 1,071,781
Cash flows from investing activities:    
Purchases of marketable securities (3,446,313) (1,016,109)
Maturities of marketable securities 1,047,545 406,607
Sales of marketable securities 281,582 36,897
Purchases of property and equipment (111,816) (58,517)
Purchases of strategic investments (126,349) (13,000)
Cash paid for acquisition, net of cash acquired (2,121) (26,486)
Purchase of intangible assets (9,626) (4,385)
Other 0 1,616
Net cash used in investing activities (2,367,098) (673,377)
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 (remitted) to be remitted to employees and tax authorities, net (28,342) 251,641
Proceeds from exercise of stock options 11,044 23,841
Other 337 0
Net cash provided by financing activities 20,885 296,242
Net (decrease) increase in cash, cash equivalents, and restricted cash (950,343) 694,646
Cash, cash equivalents, and restricted cash – beginning of period 2,293,116 334,082
Cash, cash equivalents, and restricted cash – end of period 1,342,773 1,028,728
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 1,322,435 730,506
Restricted cash, current included in prepaid expenses and other current assets 20,041 296,007
Restricted cash, noncurrent included in other assets, noncurrent 297 2,215
Total cash, cash equivalents, and restricted cash $ 1,342,773 $ 1,028,728