XML 24 R7.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Cash flows from operating activities:    
Net income $ 159,408 $ 544,615
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 464,878 201,111
Amortization of deferred contract acquisition costs 119,502 79,392
Losses (gains) on strategic investments, net 71,116  
(Losses) gains on strategic investments, net   (32,076)
Depreciation and amortization 36,155 22,691
Provision for accounts receivable allowances 26,727 14,592
Non-cash operating lease cost 11,067 8,633
Amortization on marketable securities 4,821 12,637
Other 19,305 264
Changes in operating assets and liabilities:    
Accounts receivable (125,898) (117,259)
Prepaid expenses and other assets (136,619) (57,370)
Deferred contract acquisition costs (157,005) (102,597)
Accounts payable 16,441 43,960
Accrued expenses and other liabilities 64,262 93,809
Deferred revenue 220,550 296,636
Operating lease liabilities, net (11,350) (7,724)
Net cash provided by operating activities 783,360 1,001,314
Cash flows from investing activities:    
Purchases of marketable securities (1,576,853) (2,094,587)
Maturities of marketable securities 1,306,676 791,906
Sales of marketable securities 0 119,569
Purchases of property and equipment (52,870) (92,049)
Purchases of strategic investments (61,550) (86,900)
Cash paid for acquisition, net of cash acquired (120,553) (2,121)
Purchases of intangible assets (3,211) 0
Net cash used in investing activities (508,361) (1,364,182)
Cash flows from financing activities:    
Cash paid for repurchases of common stock (425,946) 0
Proceeds from issuance of common stock for employee stock purchase plan 34,605 37,846
Proceeds from employee equity transactions (remitted) to be remitted to employees and tax authorities, net (2,545) 18,900
Proceeds from exercise of stock options 5,065 8,021
Other 0 337
Net cash (used in) provided by financing activities (388,821) 65,104
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (16,111) 0
Net decrease in cash, cash equivalents, and restricted cash (129,933) (297,764)
Cash, cash equivalents, and restricted cash – beginning of period 1,073,353 2,293,116
Cash, cash equivalents, and restricted cash – end of period 943,420 1,995,352
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 937,443 1,931,370
Restricted cash, current included in prepaid expenses and other current assets 5,708 63,185
Restricted cash, noncurrent included in other assets, noncurrent 269 797
Total cash, cash equivalents, and restricted cash $ 943,420 $ 1,995,352