Balance Sheet Components (Tables)

12 Months Ended

Jul. 31, 2019

Balance Sheet Related Disclosures [Abstract]

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following (in thousands):

	July 31, 2019		July 31, 2018
Prepaid expenses	$	11,926	$	14,704
Contract costs	7,015		—
Deferred costs	7,030		9,074
Deposits and other receivables	9,595		6,686
Prepaid expenses and other current assets	$	35,566	$	30,464

Property and equipment

Property and equipment consist of the following (in thousands):

	July 31, 2019			July 31, 2018
Computer hardware	$	17,799		$	20,614
Software	6,741			4,664
Capitalized software development costs	7,374			3,978
Equipment and machinery	10,455			4,265
Furniture and fixtures	8,137			4,217
Leasehold improvements	48,191			10,751
Total property and equipment	98,697			48,489
Less accumulated depreciation	(32,888		)	(29,894		)
Property and equipment, net	$	65,809		$	18,595

Other Assets

Other assets consist of the following (in thousands):

	July 31, 2019		July 31, 2018
Prepaid expenses	$	2,640	$	2,476
Contract costs	23,375		—
Deferred costs	8,867		9,377
Strategic investments	10,672		10,672
Other assets	$	45,554	$	22,525

Goodwill and Intangible Assets

Goodwill and Intangible Assets

Changes in the carrying amount of goodwill for the periods presented are as follows (in thousands):

Goodwill - July 31, 2017	$	141,851
Cyence Acquisition	198,929
Changes in carrying value	97
Goodwill - July 31, 2018	$	340,877
Changes in carrying value	—
Goodwill - July 31, 2019	$	340,877

The Company’s intangible assets are amortized over their estimated useful lives. Intangible assets consist of the following (in thousands):

		July 31, 2019						July 31, 2018
	Remaining Weighted-Average Useful Life (in years)	Cost		Accumulated Amortization		Net Book Value		Cost		Accumulated Amortization		Net Book Value
Acquired technology	2.4	$	93,600	$	53,970	39,630		$	93,600	$	34,189	$	59,411
Customer contracts and related relationships	4.6	35,700		12,566		23,134		35,700		6,633		29,067
Partner relationships	5.7	200		74		126		200		52		148
Trademarks	5.3	2,500		625		1,875		2,500		268		2,232
Order backlog	1.3	8,700		6,923		1,777		8,700		3,904		4,796
Total	3.2	$	140,700	$	74,158	$	66,542	$	140,700	$	45,046	$	95,654

Future Amortization Expense

The future amortization expense for existing intangible assets as of July 31, 2019, based on their current useful lives, is as follows (in thousands):

Fiscal year ending July 31,
2020	$	26,835
2021	19,965
2022	11,143
2023	3,799
2024	2,379
Thereafter	2,421
Total future amortization expense	$	66,542

Accounts Receivables

Accounts receivable, net consists of the following (in thousands):

	July 31, 2019			July 31, 2018
Accounts receivable	$	139,884		$	125,911
Allowance for doubtful accounts and revenue reserves	(1,441		)	(1,062		)
Accounts receivable, net	$	138,443		$	124,849

Allowance for Doubtful Accounts

Allowance for doubtful accounts and revenue reserves consists of the following (in thousands):

Allowances - July 31, 2017	$	—
Charges to bad debt and revenue reserves	1,062
Write-offs, net	—
Allowances - July 31, 2018	$	1,062
Charges to bad debt and revenue reserves	670
Write-offs, net	(291		)
Allowances - July 31, 2019	1,441

Accrued Employee Compensation

Accrued Employee Compensation

Accrued employee compensation consists of the following (in thousands):

	July 31, 2019		July 31, 2018
Bonus	$	37,628	$	31,273
Commission	10,317		7,287
Vacation	14,511		13,132
Salaries, payroll taxes and benefits	10,909		8,443
Total	$	73,365	$	60,135