|
Computation of free cash flow: |
|||||||||||||||
|
Three Months Ended January 31, |
Year Ended January 31, |
||||||||||||||
|
(in thousands) |
2020 |
2019 |
2020 |
2019 |
|||||||||||
|
Net cash provided by operating activities |
$ |
45,505 |
$ |
34,137 |
$ |
115,696 |
$ |
76,086 |
|||||||
|
Less: Purchases of property and equipment |
(29,975) |
(11,317) |
(72,046) |
(30,413) |
|||||||||||
|
Non-GAAP free cash flow |
15,530 |
22,820 |
43,650 |
45,673 |
|||||||||||
|
Net cash provided by (used in) investing activities |
29,306 |
(426,449) |
(321,489) |
(664,324) |
|||||||||||
|
Net cash provided by (used in) financing activities |
$ |
(31,302) |
$ |
(181,055) |
$ |
(70,455) |
$ |
853,116 |
|||||||
|
Computation of billings: |
|||||||||||||||
|
Three Months Ended January 31, |
Year Ended January 31, |
||||||||||||||
|
(in thousands) |
2020 |
2019 |
2020 |
2019 |
|||||||||||
|
Revenue |
$ |
274,895 |
$ |
199,732 |
$ |
973,971 |
$ |
700,969 |
|||||||
|
Add: Contract liabilities and refund liability, end of period |
522,201 |
390,887 |
522,201 |
390,887 |
|||||||||||
|
Less: Contract liabilities and refund liability, beginning of period |
(435,898) |
(330,060) |
(390,887) |
(282,943) |
|||||||||||
|
Add: Contract assets and unbilled accounts receivable, beginning of period |
20,805 |
15,229 |
13,436 |
16,899 |
|||||||||||
|
Less: Contract assets and unbilled accounts receivable, end of period |
(15,082) |
(13,436) |
(15,082) |
(13,436) |
|||||||||||
|
Less: Contract liabilities and refund liability contributed by the acquisition of SpringCM |
— |
— |
— |
(11,002) |
|||||||||||
|
Non-GAAP billings |
$ |
366,921 |
$ |
262,352 |
$ |
1,103,639 |
$ |
801,374 |
|||||||
