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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2021
Jul. 31, 2021
Current assets:    
Cash and cash equivalents $ 350,985 $ 285,723
Short-term investments 925,116 928,006
Accounts receivable, net of allowances of $892 and $1003, respectively 116,944 180,781
Deferred commissions—current 110,468 110,935
Prepaid expenses and other current assets 48,882 56,816
Total current assets 1,552,395 1,562,261
Property and equipment, net 120,596 131,621
Operating lease right-of-use assets 100,665 105,903
Deferred commissions—non-current 239,177 232,485
Intangible assets, net 27,885 32,012
Goodwill 185,260 185,260
Other assets—non-current 28,588 27,954
Total assets 2,254,566 2,277,496
Current liabilities:    
Accounts payable 43,184 47,056
Accrued compensation and benefits 122,372 162,337
Accrued expenses and other current liabilities 33,509 39,404
Deferred revenue—current 662,501 636,421
Operating lease liabilities—current 43,221 42,670
Total current liabilities 904,787 927,888
Deferred revenue—non-current 670,833 676,502
Operating lease liabilities—non-current 77,675 86,599
Convertible senior notes, net 1,261,656 1,055,694
Derivative liability 0 500,175
Other liabilities—non-current 38,354 42,679
Total liabilities 2,953,305 3,289,537
Commitments and contingencies (Note 7)
Stockholders’ deficit:    
Preferred stock, par value of $0.000025 per share- 200,000 shares authorized as of July 31, 2021 and October 31, 2021; no shares issued and outstanding as of July 31, 2021 and October 31, 2021 0 0
Common stock, par value of $0.000025 per share-1,200,000 (1,000,000 Class A, 200,000 Class B) shares authorized as of July 31, 2021 and October 31, 2021; 214,210 (208,579 Class A and 5,631 Class B) and 216,959 (211,386 Class A and 5,573 Class B) shares issued and outstanding as of July 31, 2021 and October 31, 2021, respectively 5 5
Additional paid-in capital 3,292,255 2,615,317
Accumulated other comprehensive (loss) income 659 8
Accumulated deficit (3,990,340) (3,627,355)
Total stockholders’ deficit (698,739) (1,012,041)
Total liabilities and stockholders’ deficit $ 2,254,566 $ 2,277,496