| Feb'19 | Feb'18 | Feb'17 | Feb'16 | Feb'15 | Feb'14 | Feb'13 | Feb'12 | Feb'11 | Feb'10 | Feb'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net Income (Loss) Attributable to Parent | ||||||||||
433,988 | 261,851 | 255,390 | 199,365 | 180,201 | 178,292 | 150,204 | 146,626 | 107,278 | 87,253 | 78,721 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
Depreciation and amortization | ||||||||||
109,046 | 97,138 | 85,309 | 76,088 | 76,263 | 74,405 | 62,341 | 51,372 | 47,997 | 45,861 | 40,309 |
Amortization of debt discount and transaction costs | ||||||||||
18,765 | 22,401 | 21,691 | 21,003 | 8,227 | - | - | - | - | - | - |
Repayments of convertible notes attributable to debt discount | ||||||||||
59,993 | 0 | 0 | - | - | - | - | - | - | - | - |
Deferred income taxes | ||||||||||
-18,693 | -18,695 | 12,458 | -13,673 | 23,517 | 13,776 | 5,630 | 45,702 | 33,848 | 20,636 | 38,979 |
Share-based compensation expense | ||||||||||
209,096 | 192,249 | 192,530 | 166,234 | 135,232 | 113,774 | 98,698 | 79,267 | 60,597 | 48,288 | 48,315 |
Excess tax benefits from share-based payment arrangements | ||||||||||
- | - | - | -20,231 | -5,607 | - | - | 29,931 | 42,291 | 35,569 | 51,137 |
Net amortization of bond premium on debt securities available for sale | ||||||||||
-1,623 | -8,405 | -12,623 | -12,169 | -9,314 | -8,697 | -6,889 | 6,518 | 6,372 | - | - |
Gain on sale of available-for-sale equity securities | ||||||||||
- | - | - | - | - | - | - | - | - | 12,656 | - |
Gain from repurchase of convertible debentures | ||||||||||
- | - | - | - | - | - | - | - | - | - | -4,129 |
Amortization of debt issuance costs | ||||||||||
- | - | - | - | - | - | - | - | - | - | 2,319 |
Gain on sale of investments in equity securities | ||||||||||
- | - | - | - | - | - | - | - | - | - | 3,848 |
Other | ||||||||||
-5,986 | 11,500 | -946 | -4,418 | 3,474 | -1,411 | 2,626 | 1,186 | 2,241 | -1,248 | 1,094 |
Changes in operating assets and liabilities: | ||||||||||
Accounts receivable | ||||||||||
188,980 | 154,119 | 119,102 | 48,404 | 121,536 | 61,785 | 46,913 | 70,410 | 41,512 | 7,290 | 2,341 |
Other receivables | ||||||||||
-2,063 | 4,019 | 14,010 | - | - | - | - | - | - | - | - |
Prepaid expenses | ||||||||||
16,449 | 68,228 | 78,617 | 24,486 | 40,741 | 25,122 | 14,726 | 19,190 | 17,220 | 630 | 18,606 |
Accounts payable and accrued expenses | ||||||||||
54,061 | 161,834 | 71,038 | 62,438 | 71,040 | 28,436 | 40,196 | 5,986 | 23,162 | 21,992 | - |
Deferred revenue | ||||||||||
463,782 | 432,182 | 348,534 | 260,495 | 282,693 | 205,357 | 162,574 | 176,855 | 112,724 | 82,625 | 97,861 |
Accounts payable | ||||||||||
- | - | - | - | - | - | - | - | - | - | -7,275 |
Accrued expenses | ||||||||||
- | - | - | - | - | - | - | - | - | - | 17,056 |
Other | ||||||||||
1,513 | -3,639 | 5,073 | -445 | -2,059 | -3,339 | -3,030 | -274 | -2,034 | -3,491 | 879 |
Net cash provided by operating activities | ||||||||||
1,012,782 | 923,138 | 783,717 | 736,323 | 628,402 | 540,580 | 465,297 | 391,883 | 290,748 | 255,249 | 236,439 |
Cash flows from investing activities: | ||||||||||
Cash flows from investing activities: | ||||||||||
Purchase of investment in debt securities available for sale | ||||||||||
217,951 | 299,789 | 500,849 | 982,935 | 568,551 | 772,741 | 875,428 | 962,974 | 751,420 | 666,890 | 396,810 |
Proceeds from maturities of investment in debt securities available for sale | ||||||||||
402,844 | 426,074 | 457,710 | 652,706 | 502,365 | - | - | - | - | - | - |
Proceeds from sales of investment in debt securities available for sale | ||||||||||
8,491 | 199,614 | 43,273 | 2,916 | 77,793 | - | - | - | - | - | - |
Proceeds from sales of strategic equity investments | ||||||||||
1,300 | 14,204 | 0 | 750 | - | - | - | - | - | - | - |
Proceeds from sales and maturities of investment in debt securities available for sale | ||||||||||
- | - | - | - | - | 764,122 | 741,301 | 791,585 | 770,860 | 412,514 | 714,015 |
Acquisition of businesses, net of cash acquired | ||||||||||
11,550 | 315,081 | 28,667 | 126,459 | 296,121 | - | 135,501 | 135,210 | 31,381 | 0 | 148,140 |
Proceeds from sales of investment in equity securities available for sale | ||||||||||
- | - | - | - | - | - | - | - | - | 13,053 | 5,568 |
Purchase of strategic equity investments | ||||||||||
- | - | - | - | - | - | - | - | - | 1,768 | 0 |
Purchase of developed software and other intangible assets | ||||||||||
10,543 | 16,720 | 11,774 | 13,964 | 6,123 | 17,972 | 34,367 | 5,349 | 14,093 | 4,692 | 3,932 |
Payments for property and equipment | ||||||||||
61,266 | 84,967 | 69,123 | 41,553 | 45,648 | 79,587 | 85,671 | 46,269 | 32,759 | 28,420 | 24,485 |
Other | ||||||||||
1,365 | 189 | 703 | 3,569 | -11,282 | 2,084 | -617 | 643 | -3,938 | - | - |
Net cash provided by (used in) investing activities | ||||||||||
109,960 | -76,854 | -110,133 | -512,108 | -325,003 | -108,262 | -389,049 | -358,860 | -54,855 | -276,203 | 146,216 |
Cash flows from financing activities: | ||||||||||
Proceeds from exercise of common stock options | ||||||||||
2,075 | 4,895 | 3,829 | 3,596 | 2,434 | 2,122 | 11,478 | 16,812 | 84,443 | 103,332 | 18,355 |
Proceeds from employee stock purchase program | ||||||||||
62,062 | 50,097 | 18,852 | 0 | - | - | - | - | - | - | - |
Payments related to net settlement of share-based compensation awards | ||||||||||
131,895 | 89,506 | 66,529 | 66,907 | 43,462 | 37,402 | 49,984 | 36,332 | 26,250 | - | - |
Purchase of treasury stock | ||||||||||
412,845 | 237,002 | 458,661 | 262,643 | 535,062 | 239,363 | 120,662 | 133,220 | 90,146 | 236,393 | 42,319 |
Proceeds from issuance of convertible notes, net of issuance costs | ||||||||||
- | - | - | - | 789,769 | - | - | - | - | - | - |
Purchase of convertible note hedges | ||||||||||
- | - | - | - | 148,040 | - | - | - | - | - | - |
Proceeds from issuance of warrants | ||||||||||
- | - | - | - | 79,776 | - | - | - | - | - | - |
Structured stock repurchase | ||||||||||
- | - | - | - | - | - | - | - | - | - | 1,989 |
Proceeds (payments) on other borrowings, net | ||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 |
Proceeds (payments) on other borrowings, net | ||||||||||
913 | 1,547 | 1,684 | 1,843 | 2,782 | 1,304 | 1,016 | 1,027 | 558 | 900 | 69 |
Excess tax benefits from share-based payment arrangements | ||||||||||
- | - | - | - | - | 12,837 | 34,219 | 29,931 | 42,291 | 35,569 | 51,137 |
Repayments of convertible notes attributable to principal | ||||||||||
438,410 | 36 | 0 | - | - | - | - | - | - | - | 565,558 |
Other | ||||||||||
- | - | - | 0 | - | - | - | - | - | -11,855 | -2,698 |
Net cash used in financing activities | ||||||||||
-919,926 | -273,099 | -504,193 | -327,797 | 142,633 | -263,110 | -125,965 | -123,836 | 9,780 | -110,247 | -539,163 |
Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash | ||||||||||
-43,852 | 60,139 | -6,361 | -16,113 | -45,301 | -9,550 | -12,416 | -2,600 | 8,839 | 3,771 | -5,664 |
Net increase in cash, cash equivalents and restricted cash | ||||||||||
158,964 | 633,324 | 163,030 | -119,695 | 400,731 | 159,658 | -62,133 | -93,413 | 254,512 | -127,430 | -162,172 |
Supplemental cash flow information: | ||||||||||
Cash paid for interest | ||||||||||
1,656 | 2,062 | 2,080 | 2,039 | 52 | 43 | 50 | 45 | 122 | 129 | 2,475 |
Cash paid for income taxes | ||||||||||
103,158 | 110,865 | 56,655 | 63,400 | 33,701 | 34,736 | 14,863 | 12,381 | 8,121 | 5,730 | 4,950 |
Non-cash investing and financing activities: | ||||||||||
Fixed assets acquired under capital leases | ||||||||||
60 | 332 | 1,652 | 1,892 | 1,818 | 1,560 | 1,137 | 1,746 | - | - | - |
Accrued fixed and intangible asset purchases | ||||||||||
11,917 | 8,027 | 16,069 | - | - | - | - | - | - | - | - |