Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jan. 31, 2020

Schedules of Concentration of Credit Risk

Channel partners or direct customers who represented 10% or more of the Company’s accounts receivable were as follows:


	January 31,
	2020		2019
Channel partner A	11	%	9	%
Channel partner B	10	%	2	%
Customer A	—	%	10	%
Customer B	20	%	19	%

Channel partners who represented 10% or more of the Company’s total revenue were as follows:


	Year Ended January 31,
	2020		2019		2018
Channel partner A	10	%	15	%	15	%

Schedule of Property Plant And Equipment, Useful Life

Property and equipment, net, is stated at historical cost less accumulated depreciation and amortization. Depreciation and amortization are calculated using the straight-line method over the estimated useful lives of the assets as follows:


Data center and other computer equipment			3 - 5 years
Furniture and equipment			5 years
Purchased software			3 - 5 years
Capitalized internal-use software			3 years
Leasehold improvements			Estimated useful life or term of the lease, whichever is shorter

Schedule of cumulative effect of changes from adoption of ASU 606

The following table summarizes cumulative effect of changes from the adoption of ASC 606 on the Company’s consolidated balance sheets as of February 1, 2019:


	Balance at January 31, 2019		Cumulative Effect Adjustments Due to the Adoption of Topic 606		Balance at February 1, 2019
	(in thousands)
Consolidated Balance Sheet
Assets:
Deferred contract acquisition costs, current	$	28,847	$	(6,031)	$	22,816
Deferred contract acquisition costs, noncurrent	9,918		30,337		40,255
Liabilities:
Accrued expenses	32,541		555		33,096
Deferred revenue, current	218,700		333		219,033
Stockholders’ Deficit:
Accumulated deficit	(519,126)		23,418		(495,708)

The following tables summarize the effect of the adoption of ASC 606 on the Company’s select line items included in the consolidated financial statements as of and for the year ended January 31, 2020, as if the previous accounting was in effect:


	January 31, 2020
	As Reported (ASC 606)		Impact of Adoption		Without Adoption (ASC 605)
	(in thousands)
Consolidated Balance Sheet
Assets:
Deferred contract acquisition costs, current	$	42,971	$	5,309	$	48,280
Deferred contract acquisition costs, noncurrent	71,235		(50,958)		20,277
Liabilities:
Accrued expenses	30,355		(218)		30,137
Deferred revenue, current	412,985		(114)		412,871
Stockholders’ Equity:
Accumulated deficit	(637,487)		(45,317)		(682,804)


	Year Ended January 31, 2020
	As Reported (ASC 606)		Impact of Adoption		Without Adoption (ASC 605)
	(in thousands)
Consolidated Statement of Operations
Revenue	$	481,413	$	(218)	$	481,195
Operating expenses:
Sales and marketing	266,595		21,681		288,276
Net loss	(141,779)		(21,899)		(163,678)
Net loss per share, basic and diluted	$	(0.96)			$	(1.11)