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Balance Sheet Components (Tables)
9 Months Ended
Apr. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Investments in Marketable Debt Securities, by Contractual Maturity Date

The following table summarizes the estimated fair value of our investments in marketable debt securities by their contractual maturity dates:

 

 

 

As of
April 30, 2022

 

 

 

(in thousands)

 

Due within one year

 

$

752,880

 

Due in one to two years

 

 

161,021

 

Total

 

$

913,901

 

Schedule of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consists of the following:

 

 

 

As of

 

 

 

July 31,
2021

 

 

April 30,
2022

 

 

 

(in thousands)

 

Prepaid operating expenses

 

$

36,455

 

 

$

50,827

 

VAT receivables

 

 

8,290

 

 

 

7,055

 

Other current assets

 

 

12,071

 

 

 

28,446

 

Total prepaid expenses and other current assets

 

$

56,816

 

 

$

86,328

 

Schedule of Property and Equipment, Net

Property and equipment, net consists of the following:

 

 

 

 

 

As of

 

 

 

Estimated
Useful Life

 

July 31,
2021

 

 

April 30,
2022

 

 

 

(in months)

 

(in thousands)

 

Computer, production, engineering and other equipment

 

36

 

$

300,583

 

 

$

336,552

 

Demonstration units

 

12

 

 

68,992

 

 

 

62,456

 

Leasehold improvements

 

(1)

 

 

62,676

 

 

 

61,036

 

Furniture and fixtures

 

60

 

 

16,518

 

 

 

16,473

 

Total property and equipment, gross

 

 

 

 

448,769

 

 

 

476,517

 

Less: accumulated depreciation (2)

 

 

 

 

(317,148

)

 

 

(359,023

)

Total property and equipment, net

 

 

 

$

131,621

 

 

$

117,494

 

 

(1)
Leasehold improvements are amortized over the shorter of the estimated useful lives of the improvements or the remaining lease term.
(2)
Includes a $0.9 million write-off related to the impairment of certain leasehold improvements during the fiscal quarter ended October 31, 2020. For additional information on this lease-related impairment, refer to Note 6.
Schedule of Finite-Lived Intangible Assets

There was no change in the carrying value of goodwill during the nine months ended April 30, 2022.

Intangible assets, net consists of the following:

 

 

 

As of

 

 

 

July 31,
2021

 

 

April 30,
2022

 

 

 

(in thousands)

 

Developed technology

 

$

79,300

 

 

$

79,300

 

Customer relationships

 

 

8,860

 

 

 

8,860

 

Trade name

 

 

4,170

 

 

 

4,170

 

Total intangible assets, gross

 

 

92,330

 

 

 

92,330

 

Less:

 

 

 

 

 

 

Accumulated amortization of developed technology

 

 

(50,764

)

 

 

(60,975

)

Accumulated amortization of customer relationships

 

 

(6,513

)

 

 

(7,684

)

Accumulated amortization of trade name

 

 

(3,041

)

 

 

(3,823

)

Total accumulated amortization

 

 

(60,318

)

 

 

(72,482

)

Total intangible assets, net

 

$

32,012

 

 

$

19,848

 

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The estimated future amortization expense of our intangible assets is as follows:

 

Fiscal Year Ending July 31:

 

Amount

 

 

 

(in thousands)

 

2022 (remaining three months)

 

$

4,019

 

2023

 

 

10,856

 

2024

 

 

3,210

 

2025

 

 

1,763

 

Total

 

$

19,848

 

Schedule of Accrued Liabilities

Accrued Compensation and Benefits

Accrued compensation and benefits consists of the following:

 

 

 

As of

 

 

 

July 31,
2021

 

 

April 30,
2022

 

 

 

(in thousands)

 

Accrued vacation

 

$

26,961

 

 

$

24,672

 

Accrued commissions

 

 

48,321

 

 

 

22,441

 

Payroll taxes payable

 

 

21,603

 

 

 

20,455

 

Accrued wages and taxes

 

 

1,675

 

 

 

18,585

 

Accrued benefits

 

 

10,243

 

 

 

11,826

 

Contributions to ESPP withheld

 

 

26,735

 

 

 

9,547

 

Accrued bonus

 

 

14,878

 

 

 

5,693

 

Other

 

 

11,921

 

 

 

9,887

 

Total accrued compensation and benefits

 

$

162,337

 

 

$

123,106

 

 


Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consists of the following:

 

 

 

As of

 

 

 

July 31,
2021

 

 

April 30,
2022

 

 

 

(in thousands)

 

Income taxes payable

 

$

13,309

 

 

$

9,685

 

Accrued professional services

 

 

3,541

 

 

 

6,217

 

Other

 

 

22,554

 

 

 

32,137

 

Total accrued expenses and other current liabilities

 

$

39,404

 

 

$

48,039