v3.23.3
Condensed consolidated statements of cash flows (unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Cash flows from operating activities:    
Net income (loss) $ 29,348 $ (25,934)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 115,167 120,726
Stock-based compensation 59,939 50,310
Amortization of debt discount and issuance costs 2,150 2,454
Loss on extinguishment of debt 1,157 0
Other non-cash items 0 269
Deferred taxes (15,928) (10,565)
Changes in operating assets and liabilities:    
Accounts receivable, net 654 (451)
Other assets (12,820) 6,809
Operating lease right-of-use assets 8,241 6,169
Accrued compensation (14,829) (11,630)
Accounts payable, accrued liabilities, and other current liabilities (2,363) (33,170)
Operating lease liabilities, non-current (9,966) (5,401)
Other long-term liabilities 5,003 (4,427)
Net cash provided by operating activities 165,753 95,159
Cash flows from investing activities:    
Purchases of software and capitalized software development costs (30,413) (35,306)
Purchases of property and equipment (1,134) (2,971)
Acquisitions of HSA portfolios (3,257) (70,574)
Net cash used in investing activities (34,804) (108,851)
Cash flows from financing activities:    
Principal payments on long-term debt (54,375) (6,562)
Settlement of client-held funds obligation, net (183) (1,579)
Proceeds from exercise of common stock options 3,404 6,616
Net cash used in financing activities (51,154) (1,525)
Increase (decrease) in cash and cash equivalents 79,795 (15,217)
Beginning cash and cash equivalents 254,266 225,414
Ending cash and cash equivalents 334,061 210,197
Supplemental cash flow data:    
Interest expense paid in cash 44,194 36,268
Income tax payments, net 24,777 775
Supplemental disclosures of non-cash investing and financing activities:    
Purchases of property and equipment included in accounts payable or accrued liabilities 98 297
Exercise of common stock options receivable 19 21
Increase in goodwill due to measurement period adjustments, net 0 77
Purchases of software and capitalized software development costs included in accounts payable, accrued liabilities, or accrued compensation    
Supplemental disclosures of non-cash investing and financing activities:    
Purchases of software and capitalized software development costs included in accounts payable, accrued liabilities, or accrued compensation $ 2,882 $ 4,099