BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Oct. 31, 2018

Accounting Policies [Abstract]

Schedule of Changes in Prior Period Statement of Cash Flows Resulting from New Accounting Standard

As a result of the adoption of ASU No. 2016-18, we adjusted the previously reported condensed consolidated statement of cash flows for the nine months ended October 31, 2017 as follows:

	Nine Months Ended October 31, 2017
(in thousands)	As previously reported			Adjustments		As Adjusted
Net cash provided by operating activities	$	96,174		$	—	$	96,174
Net cash used in investing activities	(88,693		)	30,096		(58,597		)
Net cash used in financing activities	(1,420		)	—		(1,420		)
Foreign currency effects on cash, cash equivalents, restricted cash, and restricted cash equivalents	(758		)	1,205		447
Net increase in cash, cash equivalents, restricted cash, and restricted cash equivalents	5,303			31,301		36,604
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period	307,363			61,966		369,329
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period	$	312,666		$	93,267	$	405,933

The impact of adoption of ASU No. 2014-09 on our condensed consolidated balance sheet as of October 31, 2018 and on our condensed consolidated statement of operations for the three and nine months ended October 31, 2018 was as follows:

	As of October 31, 2018
(in thousands)	As Reported		Balances without Adoption of ASU No. 2014-09		Effect of Change Higher (Lower)
Condensed Consolidated Balance Sheet
Assets:
Accounts receivable, net	$	311,492	$	266,497	$	44,995
Contract assets	70,076		—		70,076
Deferred cost of revenue	9,651		11,170		(1,519		)
Prepaid expenses and other current assets	85,310		86,462		(1,152		)
Long-term deferred cost of revenue	4,283		1,214		3,069
Other assets	101,643		79,330		22,313
Liabilities:
Accrued expenses and other current liabilities	181,452		216,637		(35,185		)
Contract liabilities	306,240		207,199		99,041
Long-term contract liabilities	27,512		26,700		812
Other liabilities	120,158		119,236		922
Stockholders' Equity:
Total stockholders' equity	1,213,499		1,141,307		72,192

While the tables below indicate that calculated revenue for the three and nine months ended October 31, 2018 without the adoption of ASU No. 2014-09 would have been lower than the revenue we are reporting under the new accounting guidance, this lower calculated revenue results not only from the impact of the new accounting guidance, but also from changes we made to our business practices in anticipation and as a result of the new accounting guidance. These business practice changes adversely impact the calculation of revenue under the prior accounting guidance and include, among other things, the way we manage our professional services projects, offer and deploy our solutions, structure certain customer contracts, and make pricing decisions. While the many variables, required assumptions, and other complexities associated with these business practice changes make it impractical to precisely quantify the impact of these changes, we believe that calculated revenue under the prior accounting guidance, but absent these business practice changes, would have been closer to the revenue we are reporting under the new accounting guidance.

	Three Months Ended October 31, 2018
(in thousands)	As Reported		Balances without Adoption of ASU No. 2014-09		Effect of Change Higher (Lower)
Condensed Consolidated Statement of Operations
Revenue:
Product	$	111,670	$	109,224	$	2,446
Service and support	192,313		192,849		(536		)
Cost of revenue:
Product	33,124		30,315		2,809
Service and support	72,182		72,847		(665		)
Expenses and Other:
Selling, general and administrative	99,902		102,463		(2,561		)
Provision (benefit) for income taxes	5,601		5,401		200
Net income	20,213		18,086		2,127

	Nine Months Ended October 31, 2018
(in thousands)	As Reported		Balances without Adoption of ASU No. 2014-09			Effect of Change Higher (Lower)
Condensed Consolidated Statement of Operations
Revenue:
Product	$	327,576	$	300,116		$	27,460
Service and support	571,941		562,701			9,240
Cost of revenue:
Product	100,917		94,243			6,674
Service and support	218,842		219,319			(477		)
Expenses and Other:
Selling, general and administrative	311,482		319,481			(7,999		)
Provision (benefit) for income taxes	2,153		(1,647		)	3,800
Net income	41,912		7,210			34,702