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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 31, 2020
Jul. 31, 2019
Current assets:    
Cash and cash equivalents $ 211,693 $ 396,678
Short-term investments 607,307 512,156
Accounts receivable, net 247,323 245,475
Deferred commissions—current 59,603 46,238
Prepaid expenses and other current assets 65,708 74,665
Total current assets 1,191,634 1,275,212
Property and equipment, net 143,430 136,962
Operating lease right-of-use assets [1] 135,680 0
Deferred commissions—non-current 129,531 107,474
Total intangible assets, net 58,083 66,773
Goodwill 185,260 185,180
Other assets—non-current 19,698 14,441
Total assets 1,863,316 1,786,042
Current liabilities:    
Accounts payable 76,542 74,047
Accrued compensation and benefits 119,889 99,804
Accrued expenses and other current liabilities(1) [1] 23,874 28,797
Deferred revenue—current 472,680 396,667
Operating lease liabilities—current [1] 31,668 0
Total current liabilities 724,653 599,315
Deferred revenue—non-current 583,904 513,377
Operating lease liabilities—non-current [1] 129,420 0
Convertible senior notes, net 474,308 458,910
Other liabilities—non-current [1] 17,133 27,547
Total liabilities 1,929,418 1,599,149
Commitments and contingencies (Note 7)
Stockholders’ equity (deficit):    
Preferred stock, par value of $0.000025 per share— 200,000 shares authorized as of July 31, 2019 and January 31, 2020; no shares issued and outstanding as of July 31, 2019 and January 31, 2020 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, 2019 and January 31, 2020; 188,595 (168,155 Class A and 20,440 Class B) and 194,654 (179,562 Class A and 15,092 Class B) shares issued and outstanding as of July 31, 2019 and January 31, 2020 5 5
Additional paid-in capital 2,028,928 1,835,528
Accumulated other comprehensive income 1,138 669
Accumulated deficit (2,096,173) (1,649,309)
Total stockholders’ equity (deficit) (66,102) 186,893
Total liabilities and stockholders’ equity (deficit) $ 1,863,316 $ 1,786,042
[1]
During the first quarter of fiscal 2020, we adopted Accounting Standards Update ("ASU") No. 2016-02 using the modified retrospective method and elected the transition option that allowed us not to restate the comparative periods in our condensed consolidated financial statements in the year of adoption. For additional details, refer to Note 1.