| Feb'19 | Feb'18 | Feb'17 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net loss | ||||||
-141,898 | -163,514 | -232,866 | ||||
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||
Depreciation and amortization of intangible assets | ||||||
18,158 | 22,237 | 24,602 | ||||
Stock-based compensation expense | ||||||
69,033 | 28,629 | 28,851 | ||||
Provision for doubtful accounts | ||||||
2,104 | 609 | 2,325 | ||||
Deferred income taxes | ||||||
-150 | -6,969 | 1,214 | ||||
Gain on sale of investment | ||||||
3,234 | 0 | 0 | ||||
Other | ||||||
-1,470 | -1,178 | 79 | ||||
Changes in assets and liabilities | ||||||
Accounts receivable | ||||||
99,860 | 66,136 | 95,435 | ||||
Due from Parent | ||||||
-545 | 1,096 | 0 | ||||
Deferred sales commissions | ||||||
11,268 | 10,360 | 14,608 | ||||
Other assets | ||||||
2,566 | -2,647 | 6,358 | ||||
Accounts payable | ||||||
1,357 | 12,636 | -5,963 | ||||
Due to Parent | ||||||
5,910 | -34,984 | 52,681 | ||||
Net payable due to Dell (Note 14) | ||||||
0 | 0 | 1,571 | ||||
Deferred revenue | ||||||
149,344 | 74,360 | 69,953 | ||||
Accrued expenses | ||||||
1,468 | 21,549 | 2,409 | ||||
Other liabilities | ||||||
4,232 | 2,723 | 5,352 | ||||
Net cash provided by (used in) operating activities | ||||||
-5,355 | -116,491 | -166,351 | ||||
Cash flows from investing activities: | ||||||
Additions to property, plant and equipment | ||||||
9,411 | 12,877 | 19,533 | ||||
Cash paid for business acquisitions | ||||||
0 | 0 | 7,800 | ||||
Cash paid for cost method investment | ||||||
0 | 0 | 1,583 | ||||
Proceeds from sale of investment | ||||||
3,234 | 0 | 0 | ||||
Net cash used in investing activities | ||||||
-6,177 | -12,877 | -28,916 | ||||
Cash flows from financing activities: | ||||||
Proceeds from the initial public offering, net of issuance costs paid | ||||||
544,421 | 0 | 0 | ||||
Proceeds from the issuance of Series C & C-1 redeemable convertible preferred stock, net of issuance costs | ||||||
0 | 0 | 252,549 | ||||
Proceeds from the issuance of common stock | ||||||
61,436 | 9,757 | 5,727 | ||||
Proceeds from employee stock plans | ||||||
9,371 | 0 | 0 | ||||
Contribution from Dell | ||||||
44,286 | 42,874 | 0 | ||||
Proceeds from Lines of Credit | ||||||
15,000 | 18,815 | 0 | ||||
Repayments of Lines of Credit | ||||||
35,000 | 0 | 0 | ||||
Net cash provided by financing activities | ||||||
639,514 | 71,446 | 258,276 | ||||
Effect of exchange rate changes on cash and cash equivalents | ||||||
739 | -2,939 | 1,002 | ||||
Net increase in cash and cash equivalents | ||||||
628,721 | -60,861 | 64,011 | ||||
Supplemental disclosure of non-cash operating: | ||||||
Cash paid during the period for interest | ||||||
402 | 329 | 0 | ||||
Cash paid during the period for income taxes | ||||||
1,229 | 892 | 3,550 | ||||
Supplemental disclosure of non-cash financing | ||||||
Debt Conversion, Converted Instrument, Amount | ||||||
0 | 0 | 400,000 | ||||
Settlement of amounts due to Parent | ||||||
0 | 4,766 | 0 | ||||
Investment from Dell included in Due from Parent | ||||||
400 | 30,000 | 0 | ||||