| Feb'20 | Oct'19 | Jul'19 | Apr'19 | Jan'19 | Oct'18 | Jul'18 | Apr'18 | Jan'18 | Oct'17 | Jul'17 | Apr'17 | Jan'17 | Oct'16 | Jul'16 | Apr'16 | Jan'16 | Oct'15 | Jul'15 | Apr'15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | |||||||||||||||||||
Net loss | |||||||||||||||||||
-4,651 | -29,982 | -66,018 | -100,336 | -25,755 | -28,180 | -60,123 | -64,304 | -14,904 | -29,404 | -58,411 | -57,159 | -19,381 | -78,813 | -59,550 | -63,788 | -44,294 | -56,501 | -63,837 | -49,120 |
Adjustments to reconcile net loss to net cash provided by operating activities: | |||||||||||||||||||
Depreciation and amortization | |||||||||||||||||||
22,925 | 23,194 | 22,531 | 21,060 | 19,497 | 17,791 | 17,173 | 16,417 | 16,219 | 15,525 | 15,175 | 14,825 | 14,225 | 13,642 | 11,904 | 10,432 | 9,136 | 8,850 | 7,789 | 6,479 |
Amortization of debt discount and debt issuance costs | |||||||||||||||||||
6,993 | 6,896 | 6,800 | 6,490 | 6,617 | 6,525 | 6,434 | 1,455 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Stock-based compensation expense | |||||||||||||||||||
51,915 | 54,229 | 58,404 | 62,157 | 54,707 | 58,329 | 53,654 | 43,955 | 42,753 | 38,863 | 36,838 | 32,219 | 37,539 | 28,235 | 27,896 | 22,998 | 22,027 | 15,539 | 11,800 | 8,859 |
Other | |||||||||||||||||||
-1,819 | 810 | -1,138 | 811 | 2 | 5,119 | 70 | -152 | -1,054 | -203 | -346 | -451 | -841 | -557 | -312 | -182 | 1,093 | 0 | 0 | 0 |
Changes in operating assets and liabilities, net of effects of acquisitions: | |||||||||||||||||||
Accounts receivable, net | |||||||||||||||||||
96,521 | 9,474 | 40,746 | -67,299 | 73,026 | 63,330 | 46,436 | -47,143 | 40,875 | 33,655 | 36,546 | -36,571 | 5,863 | 44,775 | 22,004 | -28,593 | 14,198 | 32,077 | 25,087 | -4,070 |
Inventory | |||||||||||||||||||
329 | 4,130 | -8,875 | 2,023 | -4,814 | 8,203 | 4,471 | 4,429 | -1,719 | 3,827 | -5,618 | 16,105 | 3,587 | -2,203 | -231 | 2,623 | -4,901 | 1,767 | 183 | 1,470 |
Deferred commissions | |||||||||||||||||||
16,073 | 4,563 | 5,311 | -1,716 | 18,533 | 4,972 | 5,424 | -1,269 | 14,009 | 4,382 | 8,220 | 1,367 | 14,924 | 43 | 2,254 | -4,141 | 4,549 | 3,607 | 6,628 | -1,763 |
Prepaid expenses and other assets | |||||||||||||||||||
18,198 | -2,099 | -6,663 | 7,298 | 8,968 | 9,138 | -23 | -11,111 | 23,687 | -74 | -3,758 | 3,944 | 6,172 | -848 | -1,935 | 2,744 | 6,639 | -569 | -351 | 2,985 |
Operating lease right-of-use assets | |||||||||||||||||||
6,549 | 6,524 | 7,229 | 6,209 | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Accounts payable | |||||||||||||||||||
16,388 | -4,417 | -5,020 | -25,807 | 2,493 | 29,935 | 667 | -18,802 | 17,470 | 11,607 | 4,183 | -3,982 | 7,005 | 13,646 | -10,173 | 166 | 14,677 | 7,807 | 2,702 | -285 |
Accrued compensation and other liabilities | |||||||||||||||||||
51,307 | -5,307 | 18,289 | -43,993 | 44,218 | 15,050 | 22,423 | -29,881 | 26,263 | 3,352 | 21,201 | -24,194 | 12,595 | -1,901 | 19,704 | -11,017 | 7,494 | 5,737 | 15,105 | -3,626 |
Operating lease liabilities | |||||||||||||||||||
- | 5,937 | 7,049 | 6,034 | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Deferred revenue | |||||||||||||||||||
54,091 | 35,935 | 43,032 | 28,013 | 74,732 | 47,861 | 24,634 | 14,510 | 46,876 | 30,013 | 15,867 | 8,384 | 15,548 | 19,078 | 20,449 | 20,653 | 54,548 | 38,174 | 27,615 | 22,198 |
Net cash provided by operating activities | |||||||||||||||||||
69,858 | 64,257 | 48,817 | 6,642 | 80,794 | 56,549 | 8,484 | 18,596 | 59,000 | 28,248 | -191 | -14,301 | 37,518 | -47,323 | -11,550 | 6,993 | 42,010 | -5,376 | -30,373 | -14,117 |
CASH FLOWS FROM INVESTING ACTIVITIES | |||||||||||||||||||
Purchases of property and equipment | |||||||||||||||||||
13,641 | 20,977 | 28,933 | 24,296 | 29,439 | 28,074 | 20,437 | 22,296 | 20,709 | 14,251 | 17,331 | 12,769 | 12,171 | 18,484 | 21,742 | 24,376 | 9,860 | 7,672 | 15,081 | 6,742 |
Acquisitions, net of cash acquired | |||||||||||||||||||
0 | 3,713 | 0 | 47,881 | 0 | 13,899 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Purchases of marketable securities | |||||||||||||||||||
155,556 | 151,527 | 175,638 | 312,859 | 107,109 | 63,741 | 412,805 | 81,702 | 50,658 | 56,640 | 39,382 | 55,976 | 43,159 | 55,590 | 84,502 | 343,466 | 0 | 0 | 0 | 0 |
Sales of marketable securities | |||||||||||||||||||
83,733 | 56,150 | 38,024 | 22,344 | 1,076 | 5,217 | 3,131 | 10,454 | 20,422 | 12,538 | 28,145 | 5,384 | 34,539 | 20,744 | 35,744 | 23,327 | 0 | 0 | 0 | 0 |
Maturities of marketable securities | |||||||||||||||||||
73,402 | 74,901 | 106,617 | 164,139 | 97,231 | 58,256 | 36,770 | 61,023 | 45,047 | 25,340 | 27,360 | 46,321 | 10,300 | 32,413 | 5,800 | 0 | - | - | - | - |
Net increase in restricted cash | |||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 6,306 | -706 | 1 | 2,484 | 0 | 0 |
Net cash used in investing activities | |||||||||||||||||||
-12,062 | -45,166 | -68,930 | -198,553 | -43,241 | -42,241 | -393,341 | -32,521 | -5,898 | -33,013 | -1,208 | -17,040 | -4,891 | -20,917 | -72,006 | -343,809 | -9,861 | -10,156 | -15,081 | -6,742 |
CASH FLOWS FROM FINANCING ACTIVITIES | |||||||||||||||||||
Net proceeds from exercise of stock options | |||||||||||||||||||
17,095 | 6,544 | 2,499 | 16,761 | 4,429 | 14,275 | 19,453 | 9,614 | 8,916 | 8,968 | 4,536 | 2,257 | 4,187 | 4,356 | 3,278 | 3,091 | 1,298 | 1,706 | 1,313 | 1,691 |
Proceeds from issuance of common stock under employee stock purchase plan | |||||||||||||||||||
7 | 11,249 | 0 | 32,042 | 0 | 13,746 | 0 | 19,698 | 0 | 7,971 | 0 | 14,166 | 0 | 10,527 | 0 | 15,079 | 0 | 0 | 0 | 0 |
Proceeds from issuance of convertible senior notes, net of issuance costs | |||||||||||||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 562,062 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Payment for purchase of capped calls | |||||||||||||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 64,630 | 0 | 0 | 0 | 0 | - | - | - | - | 2,012 | 574 | 803 | 313 |
Repayment of debt assumed from acquisitions | |||||||||||||||||||
0 | 0 | 0 | 11,555 | 0 | 6,101 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Tax withholding on vesting of restricted stock | |||||||||||||||||||
1,592 | 1,614 | 1,501 | 5,672 | 632 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Repurchases of common stock | |||||||||||||||||||
15,017 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Net cash provided by financing activities | |||||||||||||||||||
493 | 16,179 | 998 | 31,576 | 3,797 | 21,920 | 19,453 | 506,744 | 8,916 | 16,939 | 4,536 | 16,423 | 4,187 | 14,883 | 3,278 | 18,170 | -714 | 460,557 | 510 | 1,378 |
Net increase (decrease) in cash, cash equivalents and restricted cash | |||||||||||||||||||
58,289 | 35,270 | -19,115 | -160,335 | 41,350 | 36,228 | -365,404 | 492,819 | 62,018 | 12,174 | 3,137 | -14,918 | 36,814 | -53,357 | -80,278 | -318,646 | 31,435 | 445,025 | -44,944 | -19,481 |
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION | |||||||||||||||||||
Cash paid for interest | |||||||||||||||||||
0 | 359 | 0 | 359 | 0 | 371 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Cash paid for income taxes | |||||||||||||||||||
1,426 | 682 | 1,076 | 1,640 | 575 | 1,098 | 1,184 | 1,839 | 680 | 749 | 871 | 790 | 356 | 683 | 504 | 1,323 | 298 | 487 | 59 | 274 |
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING INFORMATION | |||||||||||||||||||
Property and equipment purchased but not yet paid | |||||||||||||||||||
1,612 | -515 | -5,878 | 11,595 | -732 | 2,656 | 3,633 | 8,316 | 109 | 3,253 | -3,107 | 9,685 | 1,458 | -1,735 | -1,757 | 9,448 | 4,462 | 8 | -2,838 | 4,580 |
Vesting of early exercised stock options | |||||||||||||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 320 | 248 | 248 | 248 | 298 | 2,605 | 308 | 310 | 176 | 182 | 447 | 666 | 430 |
Unpaid deferred offering costs | |||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2,202 | 1,375 | 694 | 679 |