Transition report pursuant to Rule 13a-10 or 15d-10

Composition of Certain Financial Statement Captions (Tables)

v2.4.0.8
Composition of Certain Financial Statement Captions (Tables)
 11 Months Ended
Dec. 31, 2013
Composition of Certain Financial Statement Captions  
Schedule of cash, cash equivalents and investments

 

 

 
   As of
January 31,
2013		   As of
December 31,
2013		  
 
   (in thousands)
  

Cash and cash equivalents:

              

Cash

   $ 22,703   $ 89,176  

Money market funds

     32,522     98,437  

Commercial paper

     10,500     54,247  

Corporate debt securities

     —     3,895  
           
​ ​ ​ ​ ​ ​ ​ ​

Total cash and cash equivalents

   $ 65,725   $ 245,755  
           
​ ​ ​ ​ ​ ​ ​ ​

Short-term investments:

              

Commercial paper

   $ 13,592   $ 47,526  

Corporate debt securities

     9,655     50,436  

U.S. government and government agency debt securities

     —     700  
           
​ ​ ​ ​ ​ ​ ​ ​

Total short-term investments

   $ 23,247   $ 98,662  
           
​ ​ ​ ​ ​ ​ ​ ​

Long-term investments:

              

Corporate debt securities

   $ —   $ 100,690  

U.S. government and government agency debt securities

     —     4,996  
           
​ ​ ​ ​ ​ ​ ​ ​

Total long-term investments

   $ —   $ 105,686  
           
​ ​ ​ ​ ​ ​ ​ ​

Cash, cash equivalents and investments

   $ 88,972   $ 450,103  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           
Summary of available-for-sale securities' adjusted cost, gross unrealized gains, gross unrealized losses and fair value by significant investment category

 

 

 
   As of January 31, 2013  
 
   Adjusted
Cost		   Unrealized
Gains		   Unrealized
Losses		   Fair
Value		  
 
   (in thousands)
  

Money market funds

   $ 32,522   $ —   $ —   $ 32,522  

Commercial paper

     24,093     —     (1 )   24,092  

Corporate debt securities

     9,657     —     (2 )   9,655  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total cash equivalents and marketable securities

   $ 66,272   $ —   $ (3 ) $ 66,269  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   


 

 
   As of December 31, 2013  
 
   Adjusted
Cost		   Unrealized
Gains		   Unrealized
Losses		   Fair
Value		  
 
   (in thousands)
  

Money market funds

   $ 98,437   $ —   $ —   $ 98,437  

Commercial paper

     101,773     —     —     101,773  

Corporate debt securities

     155,273     6     (258 )   155,021  

U.S. government and government agency debt securities

     5,700     —     (4 )   5,696  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total cash equivalents and marketable securities

   $ 361,183   $ 6   $ (262 ) $ 360,927  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   
Schedule of available-for-sale investments by contractual maturity date

 

 

 
   As of December 31, 2013  
 
   Adjusted Cost   Fair Value  
 
   (in thousands)
  

Due in one year or less

   $ 255,278   $ 255,241  

Due after one year through three years

     105,906     105,686  
           
​ ​ ​ ​ ​ ​ ​ ​

Total

   $ 361,184   $ 360,927  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           
Schedule of accounts receivable, net

 

 

 
   As of
January 31,
2013		   As of
December 31,
2013		  
 
   (in thousands)
  

Accounts receivable

   $ 104,171   $ 165,295  

Allowance for doubtful accounts

     (761 )   (1,272 )
           
​ ​ ​ ​ ​ ​ ​ ​

Accounts receivable, net

   $ 103,410   $ 164,023  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           
Schedule of allowance for doubtful accounts

 

 

Allowance for Doubtful Accounts
  Balance at
Beginning of
Period		   Additions   Write-offs,
Net of
Recoveries		   Balance at
End of
Period		  
 
   (in thousands)
  

For the twelve months ended January 31, 2012

   $ 503   $ 492   $ (405 ) $ 590  

For the twelve months ended January 31, 2013

     590     659     (488 )   761  

For the eleven months ended December 31, 2013

     761     948     (437 )   1,272  
Schedule of property and equipment

 

 

 
   As of
January 31,
2013		   As of
December 31,
2013		  
 
   (in thousands)
  

Property and equipment:

              

Software developed for internal use

   $ 1,095   $ 2,173  

Servers, computers and other related equipment

     19,461     27,361  

Office furniture and equipment

     1,722     2,248  

Construction in progress

     2,264     13,575  

Leasehold improvements

     6,142     11,314  
           
​ ​ ​ ​ ​ ​ ​ ​

Total property and equipment

   $ 30,684   $ 56,671  

Less accumulated depreciation and amortization

     (12,926 )   (21,520 )
           
​ ​ ​ ​ ​ ​ ​ ​

Property and equipment, net

   $ 17,758   $ 35,151  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​