2021 Q1 Form 10-K Financial Statement

#000132781121000020 Filed on March 02, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1 2019 Q4
Revenue $1.132B $976.3M $938.1M
YoY Change 15.92% 23.8% 26.23%
Cost Of Revenue $313.0M $284.8M $270.9M
YoY Change 9.9% 21.87% 21.48%
Gross Profit $818.6M $691.5M $667.2M
YoY Change 18.38% 24.62% 28.26%
Gross Profit Margin 72.33% 70.83% 71.12%
Selling, General & Admin $452.9M $415.4M $375.7M
YoY Change 9.03% 22.97% -2.41%
% of Gross Profit 55.33% 60.07% 56.31%
Research & Development $439.1M $422.2M $401.7M
YoY Change 4.0% 25.13% 26.33%
% of Gross Profit 53.64% 61.06% 60.21%
Depreciation & Amortization $75.10M $75.10M $55.00M
YoY Change 0.0% 26.01% 44.74%
% of Gross Profit 9.17% 10.86% 8.24%
Operating Expenses $892.0M $837.6M $1.048B
YoY Change 6.49% 24.05% 13.22%
Operating Profit -$73.31M -$146.1M -$110.3M
YoY Change -49.82% 21.46% -39.67%
Interest Expense -$13.30M -$6.800M $16.21M
YoY Change 95.59% 36.0% 31.24%
% of Operating Profit
Other Income/Expense, Net $18.00M $23.60M -$4.136M
YoY Change -23.73% 17.41% -115.54%
Pretax Income -$68.60M -$129.2M -$114.4M
YoY Change -46.9% 22.93% -26.74%
Income Tax $3.100M -$1.300M $1.343M
% Of Pretax Income
Net Earnings -$71.71M -$128.0M -$115.7M
YoY Change -43.96% 22.61% -24.52%
Net Earnings / Revenue -6.34% -13.11% -12.34%
Basic Earnings Per Share
Diluted Earnings Per Share -$297.5K -$555.3K -$506.3K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q1 2020 Q1 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.536B $1.945B $2.105B
YoY Change 81.82% 9.34% 33.02%
Cash & Equivalents $1.384B $731.1M $912.7M
Short-Term Investments $2.152B $1.213B $1.192B
Other Short-Term Assets $234.0M $272.5M $235.3M
YoY Change -14.13% 25.29% 15.85%
Inventory
Prepaid Expenses
Receivables $1.032B $877.6M $615.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.802B $3.095B $2.955B
YoY Change 55.17% 14.59% 30.12%
LONG-TERM ASSETS
Property, Plant & Equipment $972.4M $936.2M $929.7M
YoY Change 3.87% 17.48% 26.41%
Goodwill $1.820B $1.819B $1.389B
YoY Change 0.02% 31.91% 0.85%
Intangibles
YoY Change
Long-Term Investments $48.22M $0.00 $70.80M
YoY Change -100.0% 76.12%
Other Assets $189.8M $144.6M $141.0M
YoY Change 31.22% -1.87% 6.64%
Total Long-Term Assets $3.916B $3.722B $3.200B
YoY Change 5.23% 31.97% 17.27%
TOTAL ASSETS
Total Short-Term Assets $4.802B $3.095B $2.955B
Total Long-Term Assets $3.916B $3.722B $3.200B
Total Assets $8.718B $6.816B $6.156B
YoY Change 27.9% 23.47% 23.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $75.60M $57.56M $35.58M
YoY Change 31.34% 97.83% 23.64%
Accrued Expenses $169.3M $130.1M $417.3M
YoY Change 30.15% -60.47% 24.12%
Deferred Revenue $2.557B $2.223B $1.795B
YoY Change 15.0% 20.98% 22.91%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.103B $244.3M $241.3M
YoY Change 351.5% 5.08% 5.05%
Total Short-Term Liabilities $4.283B $2.969B $2.491B
YoY Change 44.23% 22.16% 21.18%
LONG-TERM LIABILITIES
Long-Term Debt $691.9M $1.018B $1.006B
YoY Change -32.03% 4.7% 4.71%
Other Long-Term Liabilities $35.85M $14.99M $15.77M
YoY Change 139.14% -68.57% -60.99%
Total Long-Term Liabilities $727.8M $1.033B $15.77M
YoY Change -29.55% 2065.67% -60.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.283B $2.969B $2.491B
Total Long-Term Liabilities $727.8M $1.033B $15.77M
Total Liabilities $5.441B $4.330B $3.836B
YoY Change 25.65% 21.55% 21.13%
SHAREHOLDERS EQUITY
Retained Earnings -$2.910B -$2.627B -$2.499B
YoY Change 10.76% 22.41% 22.41%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $12.38M $0.00
YoY Change
Treasury Stock Shares 100.0K shares 0.000 shares
Shareholders Equity $3.278B $2.487B $2.319B
YoY Change
Total Liabilities & Shareholders Equity $8.718B $6.816B $6.156B
YoY Change 27.9% 23.47% 23.11%

Cashflow Statement

Concept 2021 Q1 2020 Q1 2019 Q4
OPERATING ACTIVITIES
Net Income -$71.71M -$128.0M -$115.7M
YoY Change -43.96% 22.61% -24.52%
Depreciation, Depletion And Amortization $75.10M $75.10M $55.00M
YoY Change 0.0% 26.01% 44.74%
Cash From Operating Activities $553.7M $297.1M $258.0M
YoY Change 86.37% 18.56% 125.73%
INVESTING ACTIVITIES
Capital Expenditures -$52.40M -$52.00M -$77.00M
YoY Change 0.77% -52.47% -16.94%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$246.6M -$489.4M $0.00
YoY Change -49.61% 426.8% -100.0%
Cash From Investing Activities -$298.9M -$541.4M $32.56M
YoY Change -44.79% 167.49% -102.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 60.80M 62.20M $1.602M
YoY Change -2.25% 25.91% -40.75%
NET CHANGE
Cash From Operating Activities 553.7M 297.1M $258.0M
Cash From Investing Activities -298.9M -541.4M $32.56M
Cash From Financing Activities 60.80M 62.20M $1.602M
Net Change In Cash 315.6M -182.1M $292.2M
YoY Change -273.31% -286.58% -125.38%
FREE CASH FLOW
Cash From Operating Activities $553.7M $297.1M $258.0M
Capital Expenditures -$52.40M -$52.00M -$77.00M
Free Cash Flow $606.1M $349.1M $335.0M
YoY Change 73.62% -3.03% 61.84%

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OtherDepreciationAndAmortization
276278000 USD
CY2019 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
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CY2020 us-gaap Share Based Compensation
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CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
652465000 USD
CY2021 us-gaap Capitalized Contract Cost Amortization
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CY2020 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
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CY2019 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
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CY2021 us-gaap Amortization Of Financing Costs And Discounts
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CY2020 us-gaap Amortization Of Financing Costs And Discounts
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CY2019 us-gaap Amortization Of Financing Costs And Discounts
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CY2020 wday Noncash Lease Expense
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67325000 USD
CY2019 wday Noncash Lease Expense
NoncashLeaseExpense
0 USD
CY2021 us-gaap Other Noncash Income Expense
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12311000 USD
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
35063000 USD
CY2019 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
53195000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
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CY2020 us-gaap Increase Decrease In Accounts Receivable
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CY2019 us-gaap Increase Decrease In Accounts Receivable
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CY2020 us-gaap Increase Decrease In Deferred Charges
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CY2019 us-gaap Increase Decrease In Deferred Charges
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CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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17736000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
16344000 USD
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CY2020 us-gaap Increase Decrease In Accounts Payable Trade
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20293000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable Trade
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CY2020 us-gaap Increase Decrease In Accrued Liabilities
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220000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
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54895000 USD
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
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327380000 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
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355018000 USD
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
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344418000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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1268441000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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864598000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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1802334000 USD
CY2020 wday Proceeds From Maturity Of Marketable Securities
ProceedsFromMaturityOfMarketableSecurities
1686643000 USD
CY2019 wday Proceeds From Maturity Of Marketable Securities
ProceedsFromMaturityOfMarketableSecurities
2090693000 USD
CY2021 wday Proceeds From Sale Of Debt And Equity Securities
ProceedsFromSaleOfDebtAndEquitySecurities
10627000 USD
CY2020 wday Proceeds From Sale Of Debt And Equity Securities
ProceedsFromSaleOfDebtAndEquitySecurities
56508000 USD
CY2019 wday Proceeds From Sale Of Debt And Equity Securities
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CY2021 us-gaap Payments To Acquire And Develop Real Estate
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6116000 USD
CY2020 us-gaap Payments To Acquire And Develop Real Estate
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99308000 USD
CY2019 us-gaap Payments To Acquire And Develop Real Estate
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181180000 USD
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253380000 USD
CY2020 us-gaap Payments To Acquire Other Productive Assets
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CY2019 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
202507000 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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473603000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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1334000 USD
CY2021 us-gaap Payments To Acquire Intangible Assets
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CY2020 us-gaap Payments To Acquire Intangible Assets
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CY2019 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
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CY2021 us-gaap Payments To Acquire Other Investments
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67482000 USD
CY2020 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
25393000 USD
CY2019 us-gaap Payments To Acquire Other Investments
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CY2021 wday Proceeds From Sale And Maturity Of Nonmarketable Equity And Other Investments
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7228000 USD
CY2020 wday Proceeds From Sale And Maturity Of Nonmarketable Equity And Other Investments
ProceedsFromSaleAndMaturityOfNonmarketableEquityAndOtherInvestments
252000 USD
CY2019 wday Proceeds From Sale And Maturity Of Nonmarketable Equity And Other Investments
ProceedsFromSaleAndMaturityOfNonmarketableEquityAndOtherInvestments
17911000 USD
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
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CY2020 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2019 us-gaap Payments For Proceeds From Other Investing Activities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Proceeds From Repayments Of Other Long Term Debt
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747795000 USD
CY2020 us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
0 USD
CY2019 us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
0 USD
CY2021 us-gaap Repayments Of Convertible Debt
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250012000 USD
CY2020 us-gaap Repayments Of Convertible Debt
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30000 USD
CY2019 us-gaap Repayments Of Convertible Debt
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350030000 USD
CY2021 us-gaap Repayments Of Long Term Lines Of Credit
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18750000 USD
CY2020 us-gaap Repayments Of Long Term Lines Of Credit
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0 USD
CY2019 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
CY2021 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
148673000 USD
CY2020 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
125673000 USD
CY2019 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
93567000 USD
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
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-2657000 USD
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-519000 USD
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-248000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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625049000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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125124000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-256711000 USD
CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
11000000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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734721000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-282000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-614000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
653200000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
92518000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-493451000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
734721000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
642203000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1135654000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1387921000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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642203000 USD
CY2021 us-gaap Interest Paid Net
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14373000 USD
CY2020 us-gaap Interest Paid Net
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3306000 USD
CY2019 us-gaap Interest Paid Net
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38000 USD
CY2021 us-gaap Income Taxes Paid
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9939000 USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
9010000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
6007000 USD
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
54792000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
46027000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
56308000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1384181000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
731141000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
638554000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1387921000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
734721000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
642203000 USD
CY2021 us-gaap Fiscal Period
FiscalPeriod
<div style="margin-top:12pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Fiscal Year</span></div><div style="margin-top:6pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our fiscal year ends on January 31. References to fiscal 2021, for example, refer to the fiscal year ended January 31, 2021.</span></div>
CY2021 us-gaap Use Of Estimates
UseOfEstimates
Use of EstimatesThe preparation of consolidated financial statements in conformity with GAAP requires us to make certain estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Significant estimates, judgments, and assumptions include, but are not limited to, the determination of the fair value and useful lives of assets acquired and liabilities assumed through business combinations, the period of benefit for deferred commissions, the fair value of certain equity awards, and the valuation of non-marketable equity investments. Actual results could differ from those estimates and such differences could be material to our consolidated financial statements.
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2021Q1 us-gaap Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
P5Y
CY2021 wday Revenue From Contract With Customer Accounts Receivable Collection Period
RevenueFromContractWithCustomerAccountsReceivableCollectionPeriod
P30D
CY2021 us-gaap Advertising Expense
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85000000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
61000000 USD
CY2019 us-gaap Advertising Expense
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51000000 USD
CY2021 us-gaap Guarantees Indemnifications And Warranties Policies
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<div style="margin-top:12pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Warranties and Indemnification</span></div><div style="margin-top:6pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our cloud applications are generally warranted to perform materially in accordance with our online documentation under normal use and circumstances. Additionally, our contracts generally include provisions for indemnifying customers against liabilities if use of our cloud applications infringe a third party’s intellectual property rights. We may also incur liabilities if we breach the security, privacy and/or confidentiality obligations in our contracts. To date, we have not incurred any material costs, and we have not accrued any liabilities in the accompanying consolidated financial statements, as a result of these obligations.</span></div><div style="margin-top:6pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In our standard agreements with customers, we commit to defined levels of service availability and performance and, under certain circumstances, permit customers to receive credits in the event that we fail to meet those levels. In the event our failure to meet those levels triggers a termination right for a customer, we permit a terminating customer to receive a refund of prepaid amounts related to unused subscription services. To date, we have not experienced any significant failures to meet defined levels of availability and performance and, as a result, we have not accrued any liabilities related to these agreements on the consolidated financial statements.</span></div>
CY2020 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
6000000 USD
CY2019 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
950000000 USD
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Risk and Significant Customers</span></div><div style="margin-top:6pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our financial instruments that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents, debt securities, and trade and other receivables. Our deposits exceed federally insured limits. </span></div><div style="margin-top:6pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">No customer individually accounted for more than 10% of trade and other receivables, net as of January 31, 2021, or 2020. No customer individually accounted for more than 10% of total revenues during fiscal 2021, 2020, or 2019.</span></div><div style="margin-top:6pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In order to reduce the risk of down-time of our cloud applications, we have established data centers in various geographic regions. We have internal procedures to restore services in the event of disaster at one of our current data center facilities. We serve our customers and users from data center facilities operated by third parties, located in the United States, Europe, and Canada. Even with these procedures for disaster recovery in place, our cloud applications could be significantly interrupted during the implementation of the procedures to restore services.</span></div><div style="margin-top:6pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition, we rely upon third-party hosted infrastructure partners globally, including AWS and Dimension Data, to serve customers and operate certain aspects of our services, such as environments for development testing, training, sales demonstrations, and production usage. Given this, any disruption of or interference at our hosted infrastructure partners would impact our operations and our business could be adversely impacted.</span></div>
CY2021Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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2569269000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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1654000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
73000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
2570850000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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1350931000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
3067000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
49000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1353949000 USD
CY2021Q1 us-gaap Equity Method Investments
EquityMethodInvestments
48222000 USD
CY2020Q1 us-gaap Equity Method Investments
EquityMethodInvestments
0 USD
CY2021Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
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73142000 USD
CY2020Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
59026000 USD
CY2021Q1 wday Equity Investments
EquityInvestments
802628000 USD
CY2020Q1 wday Equity Investments
EquityInvestments
445935000 USD
CY2021 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
1667000 USD
CY2020 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
26837000 USD
CY2019 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
8333000 USD
CY2020 us-gaap Depreciation
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201000000 USD
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
18425000 USD
CY2020 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
6057000 USD
CY2019 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
32127000 USD
CY2021 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
20092000 USD
CY2020 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
32894000 USD
CY2019 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
40460000 USD
CY2020Q2 us-gaap Payments To Acquire Equity Method Investments
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50000000 USD
CY2020Q2 us-gaap Equity Method Investment Ownership Percentage
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0.06
CY2021Q1 us-gaap Equity Method Investments
EquityMethodInvestments
48000000 USD
CY2021 us-gaap Equity Method Investment Other Than Temporary Impairment
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0 USD
CY2021 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
9000000 USD
CY2020 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
6000000 USD
CY2019 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
0 USD
CY2019 us-gaap Equity Securities Without Readily Determinable Fair Value Downward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueDownwardPriceAdjustmentAnnualAmount
0 USD
CY2021 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
0 USD
CY2019 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
0 USD
CY2020 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
0 USD
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
14000000 USD
CY2019 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
71000000 USD
CY2019 wday Proceeds From Sale Of Equity Securities Fvni
ProceedsFromSaleOfEquitySecuritiesFVNI
0 USD
CY2019 us-gaap Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
34000000 USD
CY2020 wday Proceeds From Sale Of Equity Securities Fvni
ProceedsFromSaleOfEquitySecuritiesFVNI
51000000 USD
CY2020 us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
7000000 USD
CY2021 wday Proceeds From Sale Of Equity Securities Fvni
ProceedsFromSaleOfEquitySecuritiesFVNI
0 USD
CY2021Q1 us-gaap Share Price
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227.53
CY2021Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
395000000 USD
CY2020Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
323000000 USD
CY2021 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
113000000 USD
CY2020 us-gaap Capitalized Contract Cost Amortization
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CY2019 us-gaap Capitalized Contract Cost Impairment Loss
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CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2020Q1 us-gaap Property Plant And Equipment Net
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CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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261000000 USD
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CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
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CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
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0 shares
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4640000 USD
CY2021 wday Effective Income Tax Rate Reconciliation Intercompany Transactions
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0.046
CY2019 wday Effective Income Tax Rate Reconciliation Intercompany Transactions
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