XML 23 R8.htm IDEA: XBRL DOCUMENT v3.24.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Feb. 04, 2024
Feb. 05, 2023
Feb. 06, 2022
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ 61,311 $ 73,071 $ (143,259)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 124,416 100,432 83,151
Amortization of debt discount and debt issuance costs 1,106 3,210 31,577
Stock-based compensation expense 331,427 327,617 286,963
Impairment of long-lived assets 16,766 0 471
Other 453 4,145 13,075
Changes in operating assets and liabilities, net of effect of acquisition:      
Accounts receivable, net (49,687) (70,724) (81,247)
Inventory 6,810 (10,619) 4,118
Deferred commissions (58,476) 451 (58,383)
Prepaid expenses and other assets (25,669) (31,580) (25,788)
Operating lease right-of-use assets 35,499 33,813 29,952
Accounts payable 13,468 (7,075) 6,711
Accrued compensation and other liabilities 43,317 72,084 58,961
Operating lease liabilities (31,891) (33,359) (32,351)
Deferred revenue 208,872 305,768 236,176
Net cash provided by operating activities 677,722 767,234 410,127
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchases of property and equipment (195,161) (158,139) (102,287)
Acquisition, net of cash acquired 0 (1,989) 0
Purchases of marketable securities and other (471,501) (501,435) (617,643)
Sales of marketable securities 59,053 6,155 200,482
Maturities of marketable securities and other 610,855 433,995 366,165
Net cash provided by (used in) investing activities 3,246 (221,413) (153,283)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net proceeds from exercise of stock options 39,770 24,778 48,709
Proceeds from issuance of common stock under employee stock purchase plan 45,089 39,965 36,641
Proceeds from borrowings 106,890 0 0
Principal payments on borrowings and finance lease obligations (586,199) (257,240) (2,137)
Tax withholding on equity awards (29,984) (19,601) (10,835)
Repurchases of common stock (135,801) (219,068) (200,170)
Net cash used in financing activities (560,235) (431,166) (127,792)
Net increase in cash, cash equivalents and restricted cash 120,733 114,655 129,052
Cash, cash equivalents and restricted cash, beginning of year 591,398 476,743 347,691
Cash, cash equivalents and restricted cash, end of year 712,131 591,398 476,743
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF YEAR      
Cash and cash equivalents 580,854 466,199  
Restricted cash 9,595 10,544 10,544
Cash, cash equivalents and restricted cash, end of year 712,131 591,398 476,743
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Cash paid for interest 5,834 1,185 5,019
Cash paid for income taxes 28,667 14,391 12,662
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING INFORMATION      
Property and equipment purchased but not yet paid $ 15,709 $ 14,902 $ 7,441