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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2024
Apr. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 17,222 $ 8,350
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,688 12,906
Stock-based compensation expense 51,162 47,277
Amortization of deferred commissions 13,360 13,748
Other 817 320
Changes in operating assets and liabilities:    
Accounts receivable, net 135,565 129,805
Deferred commissions (7,850) (8,113)
Operating lease right-of-use assets, net 8,536 11,086
Other assets (1,666) (1,939)
Accounts payable, accrued expenses and other liabilities (16,186) (20,744)
Operating lease liabilities (8,937) (13,065)
Deferred revenue (65,507) (54,701)
Net cash provided by operating activities 131,204 124,930
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of short-term investments (47,489) (35,438)
Maturities of short-term investments 24,896 33,000
Sales of short-term investments 3,567  
Purchases of property and equipment (1,276) (2,952)
Proceeds from sales of property and equipment 2,696 631
Capitalized internal-use software costs (5,564) (3,833)
Other 0 (190)
Net cash used in investing activities (23,170) (8,782)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repurchases of common stock (32,134) (42,371)
Payments of dividends to preferred stockholders (3,750) (3,693)
Proceeds from exercise of stock options 9,637 760
Proceeds from issuances of common stock under employee stock purchase plan 15,677 16,045
Employee payroll taxes paid for net settlement of stock awards (21,309) (20,576)
Principal payments of finance lease liabilities (2,141) (9,881)
Other (1,675) (1,205)
Net cash used in financing activities (35,695) (60,921)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (6,211) (2,051)
Net increase in cash, cash equivalents, and restricted cash 66,128 53,176
Cash, cash equivalents, and restricted cash, beginning of period [1] 384,257 429,040
Cash, cash equivalents, and restricted cash, end of period [1] $ 450,385 $ 482,216
[1] Restricted cash is included in other current assets in the condensed consolidated balance sheets for the periods presented.