Revenue Recognition (Tables)
|
12 Months Ended |
Jan. 31, 2022 |
|---|
| Revenue from Contract with Customer [Abstract] |
|
| Disaggregation of Revenue by Region According to Location of Customers |
The following table summarizes revenue by geographical region (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended January 31, | | 2022 | | 2021 | | 2020 | | Amount | | Percentage of
Revenue | | Amount | | Percentage of
Revenue | | Amount | | Percentage of
Revenue | Americas(1) | $ | 430,326 | | | 48 | % | | $ | 260,016 | | | 43 | % | | $ | 125,360 | | | 37 | % | | Europe, Middle East, and Africa | 261,857 | | | 29 | % | | 187,072 | | | 31 | % | | 113,887 | | | 34 | % | Asia-Pacific(1) | 200,069 | | | 23 | % | | 160,555 | | | 26 | % | | 96,909 | | | 29 | % | | Total revenue | $ | 892,252 | | | 100 | % | | $ | 607,643 | | | 100 | % | | $ | 336,156 | | | 100 | % |
(1)Revenue from the United States and Japan, respectively, represented 43% and 11%, 39% and 14%, and 34% and 17% of our total revenue for fiscal years 2022, 2021, and 2020, respectively.
|
| Schedule of Significant Changes in Contract Assets and Deferred Revenue |
Significant changes in our contract assets and deferred revenue balances during the periods presented were as follows (in thousands): | | | | | | | | | | | | | | | | | Year Ended January 31, | | Contract Assets | | 2022 | | 2021 | | Beginning balance | | $ | 36,306 | | | $ | 12,977 | | | Contract assets recognized during the year | | 77,714 | | | 33,734 | | | Amounts transferred to accounts receivable from unbilled accounts receivable presented at the beginning of the year | | (34,221) | | | (11,398) | | | Translation adjustments | | (2,238) | | | 993 | | | Ending balance | | $ | 77,561 | | | $ | 36,306 | | | Contract assets, current | | $ | 74,831 | | | $ | 34,221 | | | Contract assets, non-current | | 2,730 | | | 2,085 | | | Total contract assets | | $ | 77,561 | | | $ | 36,306 | |
| | | | | | | | | | | | | | | | | Year Ended January 31, | | Deferred Revenue | | 2022 | | 2021 | | Beginning balance | | $ | 272,403 | | | $ | 165,568 | | | Additions to deferred revenue during the year | | 952,177 | | | 670,797 | | | Additions to deferred revenue from business acquisitions | | 3,640 | | | — | | | Revenue recognized that was included in deferred revenue at the beginning of the period | | (211,078) | | | (124,627) | | | Revenue recognized that was not included in deferred revenue at the beginning of the period | | (636,418) | | | (446,710) | | | Translation adjustments | | (14,704) | | | 7,375 | | | Ending balance | | $ | 366,020 | | | $ | 272,403 | | | Deferred revenue, current | | $ | 297,355 | | | $ | 211,078 | | | Deferred revenue, non-current | | 68,665 | | | 61,325 | | | Total deferred revenue | | $ | 366,020 | | | $ | 272,403 | |
|
| Rollforward of Deferred Contract Acquisition Costs |
The following table represents a rollforward of our deferred contract acquisition costs (in thousands): | | | | | | | | | | | | | Year Ended January 31, | | 2022 | | 2021 | | Beginning balance | $ | 43,206 | | | $ | 37,254 | | | Additions to deferred contract acquisition costs | 130,206 | | | 51,058 | | | Amortization of deferred contract acquisition costs | (39,257) | | | (40,997) | | | Reversal of deferred contract acquisition costs due to change in sales incentive plan | — | | | (5,426) | | | Translation adjustments | (4,005) | | | 1,317 | | | Ending balance | $ | 130,150 | | | $ | 43,206 | | | Deferred contract acquisition costs, current | $ | 29,926 | | | $ | 10,653 | | | Deferred contract acquisition costs, non-current | 100,224 | | | 32,553 | | | Total deferred contract acquisition costs | $ | 130,150 | | | $ | 43,206 | |
|