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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 30, 2020
Jul. 31, 2019
Current assets:    
Cash and cash equivalents $ 262,331 $ 396,678
Short-term investments 469,806 512,156
Accounts receivable, net 236,690 245,475
Deferred commissions—current 63,177 46,238
Prepaid expenses and other current assets 63,189 74,665
Total current assets 1,095,193 1,275,212
Property and equipment, net 149,688 136,962
Operating lease right-of-use assets [1] 132,519 0
Deferred commissions—non-current 137,598 107,474
Total intangible assets, net 53,738 66,773
Goodwill 185,260 185,180
Other assets—non-current 19,345 14,441
Total assets 1,773,341 1,786,042
Current liabilities:    
Accounts payable 68,232 74,047
Accrued compensation and benefits 85,641 99,804
Accrued expenses and other current liabilities(1) [1] 21,829 28,797
Deferred revenue—current 503,311 396,667
Operating lease liabilities—current [1] 34,371 0
Total current liabilities 713,384 599,315
Deferred revenue—non-current 618,749 513,377
Operating lease liabilities—non-current [1] 123,470 0
Convertible senior notes, net 482,199 458,910
Other liabilities—non-current [1] 19,578 27,547
Total liabilities 1,957,380 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 April 30, 2020; no shares issued and outstanding as of July 31, 2019 and April 30, 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 April 30, 2020; 188,595 (168,155 Class A and 20,440 Class B) and 199,526 (184,447 Class A and 15,079 Class B) shares issued and outstanding as of July 31, 2019 and April 30, 2020 5 5
Additional paid-in capital 2,151,175 1,835,528
Accumulated other comprehensive income 1,625 669
Accumulated deficit (2,336,844) (1,649,309)
Total stockholders’ equity (deficit) (184,039) 186,893
Total liabilities and stockholders’ equity (deficit) $ 1,773,341 $ 1,786,042
Common stock, shares authorized (in shares) 1,200,000,000 1,200,000,000
[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.