| Jan'20 | Jan'19 | Jan'18 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 | Jan'12 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | |||||||||
Net loss | |||||||||
-480,674 | -418,258 | -321,222 | -384,699 | -275,048 | -247,982 | -172,509 | -119,190 | -79,629 | -56,215 |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | |||||||||
Depreciation and amortization | |||||||||
276,278 | 198,111 | 135,723 | 105,825 | 85,939 | 59,205 | 34,695 | 17,722 | 9,319 | 5,313 |
Share-based compensation expenses | |||||||||
859,571 | 652,465 | 478,425 | 372,272 | 249,970 | 156,048 | 61,851 | 15,328 | 4,182 | 1,702 |
Amortization of deferred costs | |||||||||
91,000 | 71,000 | 58,000 | 45,345 | 36,016 | 19,288 | 12,219 | 11,368 | 7,099 | 4,909 |
Amortization of debt discount and issuance costs | |||||||||
54,034 | 59,974 | 43,916 | 26,947 | 25,518 | 24,171 | 14,395 | 0 | - | - |
Non-cash lease expense | |||||||||
67,325 | 0 | 0 | - | - | - | - | - | - | - |
Gain on sale of cost method investment | |||||||||
- | - | - | - | 3,220 | 0 | 0 | - | - | - |
Impairment of cost method investment | |||||||||
- | - | - | - | 0 | 0 | - | - | - | - |
Donation of common stock to Workday Foundation | |||||||||
- | - | - | - | - | - | - | 11,250 | - | - |
Other | |||||||||
35,063 | 53,195 | 8,379 | -23,013 | -1,047 | -2,924 | -678 | -56 | -60 | -636 |
Changes in operating assets and liabilities, net of business combinations: | |||||||||
Trade and other receivables, net | |||||||||
176,141 | 160,527 | 114,613 | 91,755 | 115,776 | 96,876 | 25,037 | 12,970 | 39,025 | 14,520 |
Deferred costs | |||||||||
149,168 | 131,996 | 92,552 | 82,848 | 66,964 | 23,514 | 21,071 | 17,153 | 12,036 | 5,757 |
Prepaid expenses and other assets | |||||||||
17,736 | 16,344 | 68,983 | 16,794 | 20,121 | 15,524 | 25,876 | 9,877 | 4,909 | 1,540 |
Accounts payable | |||||||||
20,293 | 5,877 | -7,249 | 6,336 | 6,824 | 1,120 | 3,547 | -65 | 2,195 | 274 |
Accrued expenses and other liabilities | |||||||||
220 | 54,895 | 47,515 | 23,367 | 59,724 | 3,964 | 35,066 | 17,582 | 9,260 | 5,845 |
Unearned revenue | |||||||||
355,018 | 344,418 | 315,584 | 323,617 | 274,728 | 219,179 | 128,305 | 97,163 | 89,710 | 44,018 |
Net cash provided by (used in) operating activities | |||||||||
864,598 | 606,658 | 465,727 | 350,626 | 258,637 | 102,003 | 46,263 | 11,214 | -13,774 | -15,335 |
Cash flows from investing activities | |||||||||
Purchases of marketable securities | |||||||||
1,797,468 | 1,989,868 | 2,515,997 | 1,917,238 | 2,125,841 | 1,737,840 | 1,587,240 | 765,797 | 63,282 | 20,862 |
Maturities of marketable securities | |||||||||
1,686,643 | 2,090,693 | 1,591,554 | 1,986,031 | 1,901,858 | 1,419,454 | 983,242 | 111,577 | 13,086 | 31,885 |
Sales of marketable securities | |||||||||
56,508 | 949,970 | 243,727 | 133,000 | 102,711 | 53,182 | 0 | 0 | - | 4,806 |
Owned real estate projects | |||||||||
99,308 | 181,180 | 124,811 | 106,997 | 0 | 0 | - | - | - | - |
Capital expenditures, excluding owned real estate projects | |||||||||
243,694 | 202,507 | 141,536 | 120,813 | 133,667 | 103,646 | 60,725 | 15,898 | 4,999 | 3,662 |
Business combinations, net of cash acquired | |||||||||
473,603 | 1,474,337 | 5,744 | 147,879 | 31,436 | 26,317 | 0 | 0 | - | - |
Purchase of other intangible assets | |||||||||
850 | 10,450 | 11,000 | 0 | 0 | - | 15,000 | 0 | - | - |
Purchases of non-marketable equity and other investments | |||||||||
25,393 | 43,016 | 16,199 | 300 | 16,550 | 10,000 | 2,000 | 0 | 1,000 | - |
Sales and maturities of non-marketable equity and other investments | |||||||||
252 | 17,911 | 1,026 | 5,315 | 3,538 | 0 | 0 | - | - | - |
Other | |||||||||
9 | 0 | 0 | 296 | 760 | -1,000 | 910 | 0 | - | - |
Net cash provided by (used in) investing activities | |||||||||
-896,922 | -842,784 | -978,980 | -168,885 | -300,147 | -404,167 | -682,633 | -670,118 | -56,195 | 12,167 |
Cash flows from financing activities | |||||||||
Proceeds from initial public offering, net of issuance costs | |||||||||
- | - | - | - | - | - | - | 684,620 | - | - |
Proceeds from follow-on offering, net of issuance costs | |||||||||
- | - | - | - | - | - | 592,241 | 0 | - | - |
Proceeds from borrowings on convertible senior notes, net of issuance costs | |||||||||
0 | 0 | 1,132,101 | 0 | 0 | - | 584,291 | 0 | - | - |
Proceeds from issuance of warrants | |||||||||
0 | 0 | 80,805 | 0 | 0 | - | 92,708 | 0 | - | - |
Purchase of convertible senior notes hedges | |||||||||
0 | 0 | 175,530 | 0 | 0 | - | 143,729 | 0 | - | - |
Payments on convertible senior notes | |||||||||
30 | 350,030 | 0 | 0 | - | - | - | - | - | - |
Proceeds from issuance of common stock from employee equity plans | |||||||||
125,673 | 93,567 | 69,056 | 58,079 | 45,656 | 36,239 | 23,692 | 10,370 | 6,265 | - |
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs | |||||||||
- | - | - | - | - | - | - | - | 95,009 | - |
Proceeds from exercise of stock options | |||||||||
- | - | - | - | - | - | - | - | - | 626 |
Principal payments on capital lease obligations | |||||||||
- | - | - | - | - | 9,759 | 12,129 | 9,453 | 4,296 | 952 |
Shares repurchased for tax withholdings on vesting of restricted stock | |||||||||
- | - | - | - | - | 8,291 | 3,806 | 0 | - | - |
Other | |||||||||
-519 | -248 | -170 | 1,602 | -1,547 | 1,266 | 342 | 0 | - | - |
Net cash provided by (used in) financing activities | |||||||||
125,124 | -256,711 | 1,106,262 | 59,681 | 44,109 | 19,455 | 1,133,610 | 685,537 | 96,978 | -326 |
Effect of exchange rate changes | |||||||||
-282 | -614 | 751 | 385 | -704 | -425 | -72 | -4 | 8 | 9 |
Supplemental cash flow data | |||||||||
Cash paid for interest, net of amounts capitalized | |||||||||
3,306 | 38 | 76 | 3,156 | 6,405 | 6,869 | 4,886 | 1,315 | 898 | 221 |
Cash paid for income taxes | |||||||||
9,010 | 6,007 | 3,418 | 5,315 | 2,124 | 943 | 0 | 0 | - | - |
Non-cash investing and financing activities: | |||||||||
Vesting of early exercised stock options | |||||||||
- | - | - | 1,803 | 1,887 | 1,887 | 3,043 | 2,447 | 395 | 334 |
Property and equipment acquired under capital leases | |||||||||
- | - | - | - | - | - | 115 | 18,717 | 15,983 | 5,112 |
Accretion of redeemable convertible preferred stock | |||||||||
- | - | - | - | - | - | - | 568 | 342 | - |
Purchases of property and equipment, accrued but not paid | |||||||||
46,027 | 56,308 | 51,545 | 27,696 | 14,052 | 8,776 | 1,613 | 0 | - | - |
Net increase (decrease) in cash, cash equivalents and restricted cash | |||||||||
92,518 | -493,451 | 593,760 | 241,807 | 1,895 | -283,134 | 497,168 | 26,629 | 27,017 | -3,485 |
Non-cash additions to property and equipment | |||||||||
- | - | - | 2,094 | 7,256 | 0 | 0 | - | - | - |