| Jan'20 | Oct'19 | Jul'19 | Apr'19 | Jan'19 | Oct'18 | Jul'18 | Apr'18 | Jan'18 | Oct'17 | Jul'17 | Apr'17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||
Net loss | |||||||||||
-208,359 | -227,196 | -233,411 | -201,493 | -426,458 | -366,566 | -328,258 | -303,581 | -52,276 | 0 | 0 | 0 |
Adjustments to reconcile net loss to net cash used in operating activities | |||||||||||
Depreciation and amortization | |||||||||||
50,182 | 48,919 | 46,607 | 41,398 | 38,027 | 34,071 | 32,046 | 32,664 | 31,750 | 0 | 0 | 0 |
Amortization of deferred contract acquisition and fulfillment costs | |||||||||||
69,747 | 61,583 | 54,115 | 47,126 | 42,112 | 38,244 | 35,232 | 32,610 | 30,377 | 0 | 0 | 0 |
Amortization of debt discount and transaction costs | |||||||||||
26,389 | 26,007 | 22,509 | 15,961 | 9,507 | 0 | 0 | 0 | - | - | - | - |
Amortization of operating lease right-of-use assets | |||||||||||
- | - | - | 0 | - | - | - | - | - | - | - | - |
Stock-based compensation expense | |||||||||||
206,400 | 200,092 | 199,104 | 183,477 | 411,000 | 367,894 | 322,741 | 291,088 | 29,700 | 0 | 0 | 0 |
Deferred income taxes | |||||||||||
1,287 | 2,388 | -4,961 | -4,943 | -5,001 | -8,401 | -1,008 | -989 | -996 | 0 | 0 | 0 |
Other | |||||||||||
1,741 | -737 | 696 | 2,536 | -800 | 3,935 | 926 | -1,151 | 1,877 | 0 | 0 | 0 |
Changes in operating assets and liabilities | |||||||||||
Accounts receivable | |||||||||||
63,293 | 28,853 | 22,060 | 4,779 | 42,571 | 39,673 | 25,800 | 20,032 | 28,077 | 0 | 0 | 0 |
Contract assets | |||||||||||
1,508 | 5,793 | 1,850 | 1,043 | -4,204 | 1,847 | 4,810 | 4,350 | 6,934 | 0 | 0 | 0 |
Prepaid expenses and other current assets | |||||||||||
3,142 | 2,936 | 3,034 | 3,871 | 3,283 | -238 | 4,257 | 2,456 | 1,507 | 0 | 0 | 0 |
Deferred contract acquisition and fulfillment costs | |||||||||||
115,723 | 106,124 | 98,969 | 89,030 | 80,869 | 73,301 | 63,118 | 55,932 | 52,978 | 0 | 0 | 0 |
Other assets | |||||||||||
-1,538 | -1,582 | -2,282 | -2,759 | -2,658 | -731 | 101 | 2,048 | 1,604 | 0 | 0 | 0 |
Accounts payable | |||||||||||
3,849 | 916 | -758 | 120 | -7,380 | 2,419 | 4,101 | -2,229 | 2,864 | 0 | 0 | 0 |
Accrued expenses and other liabilities | |||||||||||
9,353 | 10,075 | 16,582 | 9,589 | 6,449 | 11,940 | 12,371 | 13,896 | 9,548 | 0 | 0 | 0 |
Accrued compensation | |||||||||||
5,636 | 17,175 | 28,106 | 23,117 | 26,039 | 13,092 | 14,508 | 1,349 | 9,168 | 0 | 0 | 0 |
Contract liabilities | |||||||||||
130,266 | 109,327 | 103,117 | 92,537 | 100,874 | 93,185 | 88,141 | 87,358 | 87,774 | 0 | 0 | 0 |
Operating lease liabilities | |||||||||||
14,624 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Deferred rent | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Other liabilities | |||||||||||
- | 0 | 0 | -1,651 | - | 0 | 0 | 3,644 | - | 0 | 0 | 0 |
Net cash provided by operating activities | |||||||||||
115,696 | 104,328 | 110,458 | 106,749 | 76,086 | 73,909 | 81,266 | 70,668 | 54,979 | 0 | 0 | 0 |
Cash flows from investing activities: | |||||||||||
Purchases of marketable securities | |||||||||||
861,252 | 1,169,066 | 946,018 | 790,343 | 415,132 | 0 | 0 | 0 | - | - | - | - |
Maturities of marketable securities | |||||||||||
627,309 | 460,710 | 244,449 | 92,457 | 0 | 0 | 0 | 0 | - | - | - | - |
Purchases of strategic investments | |||||||||||
- | 0 | 0 | 0 | - | 0 | 0 | 0 | - | - | - | - |
Purchases of property and equipment | |||||||||||
72,046 | 53,388 | 49,684 | 39,466 | 30,413 | 22,333 | 18,360 | 18,343 | 18,929 | 0 | 0 | 0 |
Net cash used in investing activities | |||||||||||
-321,489 | -777,244 | -985,532 | -971,631 | -664,324 | -241,411 | -18,659 | -18,175 | -18,761 | 0 | 0 | 0 |
Cash flows from financing activities: | |||||||||||
Payment of tax withholding obligation on RSU settlement | |||||||||||
166,504 | 340,620 | 301,310 | 271,469 | 215,332 | 0 | 0 | 0 | - | - | - | - |
Proceeds from exercise of stock options | |||||||||||
72,177 | 97,109 | 82,341 | 74,650 | 50,211 | 19,852 | 23,242 | 28,418 | 26,433 | 0 | 0 | 0 |
Proceeds from employee stock purchase plan | |||||||||||
23,872 | 23,872 | 10,563 | 10,563 | 0 | 0 | 0 | 0 | - | - | - | - |
Payment of deferred offering costs | |||||||||||
0 | 319 | 489 | 1,817 | 4,011 | 4,007 | 3,837 | 2,509 | 315 | 0 | 0 | 0 |
Net cash provided by (used in) financing activities | |||||||||||
-70,455 | -220,208 | 284,048 | 834,175 | 853,116 | 1,038,343 | 548,320 | 25,519 | 25,728 | 0 | 0 | 0 |
Effect of foreign exchange on cash, cash equivalents and restricted cash | |||||||||||
-447 | -3,265 | -3,713 | -2,446 | -4,136 | 1,493 | 560 | 1,693 | 4,246 | 0 | 0 | 0 |
Net increase (decrease) in cash, cash equivalents and restricted cash | |||||||||||
-276,695 | -896,389 | -594,739 | -33,153 | 260,742 | 872,334 | 611,487 | 79,705 | 66,192 | 0 | 0 | 0 |
Supplemental disclosure: | |||||||||||
Cash paid for interest | |||||||||||
2,852 | 2,852 | 1,414 | 1,474 | 204 | 349 | 493 | 601 | 599 | 0 | 0 | 0 |
Cash paid for operating lease liabilities | |||||||||||
22,034 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Cash paid for taxes | |||||||||||
1,970 | 2,240 | 2,321 | 1,828 | 3,213 | 2,999 | 2,419 | 1,962 | 617 | 0 | 0 | 0 |
Non-cash investing and financing activities: | |||||||||||
Property and equipment in accounts payable and accrued expenses and other current liabilities | |||||||||||
14,082 | 10,566 | 4,239 | 2,846 | 2,293 | 8,705 | 4,264 | 5,325 | 3,967 | 0 | 0 | 0 |
Preferred stock accretion | |||||||||||
0 | 0 | 0 | 0 | 353 | 717 | 1,093 | 1,459 | 1,461 | 0 | 0 | 0 |
Recognition of build-to-suit lease | |||||||||||
0 | 0 | 2,310 | 1,306 | 2,479 | 0 | 0 | 0 | - | - | - | - |
Operating lease right-of-use assets exchanged for lease obligations | |||||||||||
77,391 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Deferred offering costs accrued and unpaid | |||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 |