XML 17 R7.htm IDEA: XBRL DOCUMENT v3.22.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jan. 31, 2022
Jan. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (91,957) $ (28,842)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 16,979 20,971
Amortization of debt discount and issuance costs 7,096 6,715
Amortization of contract costs 6,310 5,355
Stock-based compensation 70,105 57,980
Changes to allowance for credit losses and revenue reserves 157 118
Deferred income tax (30,249) (20,294)
Amortization of premium (accretion of discount) on available-for-sale securities, net 3,315 3,128
Other non-cash items affecting net income (loss) 228 800
Changes in operating assets and liabilities:    
Accounts receivable (7,940) 22,368
Unbilled accounts receivable (448) (32,058)
Prepaid expenses and other assets (13,335) (3,441)
Operating lease assets 5,667 91
Accounts payable (1,711) (4,312)
Accrued employee compensation (47,323) 3,844
Deferred revenue (17,826) (24,411)
Lease liabilities (6,817) 2,669
Other liabilities (2,303) (13,059)
Net cash provided by (used in) operating activities (110,052) (2,378)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of available-for-sale securities (367,114) (523,601)
Sales of available-for-sale securities 50,361 85,553
Maturities of available-for-sale securities 415,265 456,198
Purchases of property and equipment (6,990) (5,517)
Capitalized software development costs (6,197) (4,884)
Acquisition of strategic investments (10,521) (2,000)
Acquisition of business, net of acquired cash (43,830) 0
Net cash provided by (used in) investing activities 30,974 5,749
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock upon exercise of stock options 98 1,820
Repurchase and retirement of common stock (37,451) (42,679)
Net cash provided by (used in) financing activities (37,353) (40,859)
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash (2,807) 1,906
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (119,238) (35,582)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH—Beginning of period 384,910 366,969
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH—End of period 265,672 331,387
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid for interest 2,500 2,500
Cash paid for income taxes, net of tax refunds 2,152 1,603
Accruals for purchase of property and equipment 1,227 5,127
Accruals for capitalized software development costs 579 344
Accrual for shares repurchased $ 0 $ 1,230