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Balance Sheet Components (Tables)
6 Months Ended
Jan. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Investments in Marketable Debt Securities, by Contractual Maturity Date

The following table summarizes the estimated fair value of our investments in marketable debt securities by their contractual maturity dates:

 

 

 

As of
January 31, 2023

 

 

 

(in thousands)

 

Due within one year

 

$

675,573

 

Due in one to two years

 

 

229,190

 

Total

 

$

904,763

 

Schedule of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consists of the following:

 

 

 

As of

 

 

 

July 31,
2022

 

 

January 31,
2023

 

 

 

(in thousands)

 

Prepaid operating expenses

 

$

48,842

 

 

$

52,495

 

VAT receivables

 

 

7,514

 

 

 

5,919

 

Other current assets

 

 

37,431

 

 

 

57,349

 

Total prepaid expenses and other current assets

 

$

93,787

 

 

$

115,763

 

Schedule of Property and Equipment, Net

Property and equipment, net consists of the following:

 

 

 

 

 

As of

 

 

 

Estimated
Useful Life

 

July 31,
2022

 

 

January 31,
2023

 

 

 

(in months)

 

(in thousands)

 

Computer, production, engineering and other equipment

 

36

 

$

341,536

 

 

$

365,480

 

Demonstration units

 

12

 

 

61,914

 

 

 

62,474

 

Leasehold improvements

 

(1)

 

 

61,443

 

 

 

63,174

 

Furniture and fixtures

 

60

 

 

16,508

 

 

 

16,237

 

Total property and equipment, gross

 

 

 

 

481,401

 

 

 

507,365

 

Less: accumulated depreciation

 

 

 

 

(367,961

)

 

 

(394,781

)

Total property and equipment, net

 

 

 

$

113,440

 

 

$

112,584

 

 

(1)
Leasehold improvements are amortized over the shorter of the estimated useful lives of the improvements or the remaining lease term.
Schedule of Intangible Assets, Net

There was no change in the carrying value of goodwill during the six months ended January 31, 2023.

Intangible assets, net consists of the following:

 

 

 

As of

 

 

 

July 31,
2022

 

 

January 31,
2023

 

 

 

(in thousands)

 

Developed technology

 

$

79,300

 

 

$

79,300

 

Customer relationships

 

 

8,860

 

 

 

8,860

 

Trade name

 

 

4,170

 

 

 

4,170

 

Total intangible assets, gross

 

 

92,330

 

 

 

92,330

 

Less:

 

 

 

 

 

 

Accumulated amortization of developed technology

 

 

(64,344

)

 

 

(69,684

)

Accumulated amortization of customer relationships

 

 

(8,074

)

 

 

(8,535

)

Accumulated amortization of trade name

 

 

(4,083

)

 

 

(4,170

)

Total accumulated amortization

 

 

(76,501

)

 

 

(82,389

)

Total intangible assets, net

 

$

15,829

 

 

$

9,941

 

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The estimated future amortization expense of our intangible assets is as follows:

 

Fiscal Year Ending July 31:

 

Amount

 

 

 

(in thousands)

 

2023 (remaining six months)

 

$

4,968

 

2024

 

 

3,210

 

2025

 

 

1,763

 

Total

 

$

9,941

 

 

Schedule of Accrued Liabilities

Accrued Compensation and Benefits

Accrued compensation and benefits consists of the following:

 

 

 

As of

 

 

 

July 31,
2022

 

 

January 31,
2023

 

 

 

(in thousands)

 

Contributions to ESPP withheld

 

$

19,174

 

 

$

26,067

 

Accrued commissions

 

 

32,886

 

 

 

24,400

 

Accrued vacation

 

 

23,140

 

 

 

23,144

 

Payroll taxes payable

 

 

21,060

 

 

 

16,751

 

Accrued wages and taxes

 

 

20,807

 

 

 

13,809

 

Accrued benefits

 

 

11,774

 

 

 

12,914

 

Accrued bonus

 

 

9,782

 

 

 

11,175

 

Other

 

 

11,188

 

 

 

10,083

 

Total accrued compensation and benefits

 

$

149,811

 

 

$

138,343

 


Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consists of the following:

 

 

 

As of

 

 

 

July 31,
2022

 

 

January 31,
2023

 

 

 

(in thousands)

 

Litigation settlement reserves

 

$

9,750

 

 

$

71,000

 

Software usage liability

 

 

10,336

 

 

 

11,133

 

Income taxes payable

 

 

13,206

 

 

 

5,613

 

Accrued professional services

 

 

5,499

 

 

 

901

 

Other

 

 

20,777

 

 

 

19,611

 

Total accrued expenses and other current liabilities

 

$

59,568

 

 

$

108,258