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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Cash flows from operating activities:    
Net loss $ (668,078) $ (590,042)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 84,917 43,809
Non-cash operating lease costs 39,141 33,579
Amortization of deferred commissions 54,722 41,525
Stock-based compensation, net of amounts capitalized 862,517 610,837
Net amortization (accretion) of premiums (discounts) on investments (49,226) 12,331
Net unrealized losses (gains) on strategic investments in equity securities (1,105) 45,096
Deferred income tax (13,107) (25,277)
Other 14,286 678
Changes in operating assets and liabilities, net of effects of business combinations:    
Accounts receivable 205,138 150,723
Deferred commissions (66,470) (63,627)
Prepaid expenses and other assets 51,574 13,169
Accounts payable 51,672 10,304
Accrued expenses and other liabilities 33,709 27,727
Operating lease liabilities (28,739) (29,176)
Deferred revenue (67,409) 46,667
Net cash provided by operating activities 503,542 328,323
Cash flows from investing activities:    
Purchases of property and equipment (22,014) (19,766)
Capitalized internal-use software development costs (27,104) (17,319)
Cash paid for business combinations, net of cash, cash equivalents, and restricted cash acquired (279,534) (352,555)
Purchases of intangible assets (28,744) (700)
Purchases of investments (2,095,329) (2,796,167)
Sales of investments 11,266 58,813
Maturities and redemptions of investments 2,751,148 2,594,593
Net cash provided by (used in) investing activities 309,689 (533,101)
Cash flows from financing activities:    
Proceeds from exercise of stock options 38,854 31,095
Proceeds from issuance of common stock under employee stock purchase plan 61,234 40,931
Taxes paid related to net share settlement of equity awards (273,828) (135,766)
Repurchases of common stock (591,732) 0
Capital contributions from noncontrolling interest holders 0 13,000
Payments of deferred purchase consideration for a business combination 0 (1,800)
Net cash used in financing activities (765,472) (52,540)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (4,595) (9,390)
Net increase (decrease) in cash, cash equivalents, and restricted cash 43,164 (266,708)
Cash, cash equivalents, and restricted cash—beginning of period 956,731 1,102,534
Cash, cash equivalents, and restricted cash—end of period 999,895 835,826
Supplemental disclosures of non-cash investing and financing activities:    
Property and equipment included in accounts payable and accrued expenses 7,690 5,841
Stock-based compensation included in capitalized software development costs 37,230 20,295
Issuance of common stock in connection with a business combination 0 438,916
Unpaid taxes related to net share settlement of equity awards included in accrued expenses and other current liabilities 5,293 2,874
Reconciliation of cash, cash equivalents, and restricted cash:    
Cash and cash equivalents 982,182 819,003
Restricted cash—included in other assets and prepaid expenses and other current assets 17,713 16,823
Total cash, cash equivalents, and restricted cash $ 999,895 $ 835,826