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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2025
Apr. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 8,194 $ 17,222
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,896 4,688
Stock-based compensation expense 54,894 51,162
Amortization of deferred commissions 13,319 13,360
Other (2,214) 817
Changes in operating assets and liabilities:    
Accounts receivable, net 120,354 135,565
Deferred commissions (8,568) (7,850)
Operating lease right-of-use assets, net 5,656 8,536
Other assets (3,761) (1,666)
Accounts payable, accrued expenses and other liabilities (14,509) (16,186)
Operating lease liabilities (6,287) (8,937)
Deferred revenue (46,915) (65,507)
Net cash provided by operating activities 127,059 131,204
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of short-term investments (33,319) (47,489)
Maturities of short-term investments 31,650 24,896
Sales of short-term investments 0 3,567
Purchases of property and equipment (349) (1,276)
Proceeds from sales of property and equipment 38 2,696
Capitalized internal-use software costs (8,411) (5,564)
Net cash used in investing activities (10,391) (23,170)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repurchases of common stock (49,659) (32,134)
Payments of dividends to preferred stockholders (3,750) (3,750)
Proceeds from exercise of stock options 202 9,637
Proceeds from issuances of common stock under employee stock purchase plan 16,654 15,677
Employee payroll taxes paid for net settlement of stock awards (24,790) (21,309)
Other (433) (3,816)
Net cash used in financing activities (61,776) (35,695)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 10,277 (6,211)
Net increase in cash, cash equivalents, and restricted cash 65,169 66,128
Cash, cash equivalents, and restricted cash, beginning of period [1] 626,110 384,257
Cash, cash equivalents, and restricted cash, end of period [1] $ 691,279 $ 450,385
[1] Restricted cash is included in other current assets in the condensed consolidated balance sheets for the periods presented.