BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
 3 Months Ended
Apr. 30, 2018
Accounting Policies [Abstract]  
Schedule of Changes in Prior Period Statement of Cash Flows Resulting from New Accounting Standard
As a result of the adoption of ASU No. 2016-18, we adjusted the previously reported condensed consolidated statement of cash flows for the three months ended April 30, 2017 as follows:

 
 
Three Months Ended
April 30, 2017
(in thousands)
 
As previously reported
 
Adjustments
 
As Adjusted
Net cash provided by operating activities
 
$
59,761

 
$
—

 
$
59,761

Net cash used in investing activities
 
(22,118
)
 
143

 
(21,975
)
Net cash used in financing activities
 
(3,583
)
 
—

 
(3,583
)
Foreign currency effects on cash, cash equivalents, restricted cash, and restricted cash equivalents
 
(1,332
)
 
(2
)
 
(1,334
)
Net increase in cash, cash equivalents, restricted cash, and restricted cash equivalents
 
32,728

 
141

 
32,869

Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period
 
307,363

 
61,966

 
369,329

Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period
 
$
340,091

 
$
62,107

 
$
402,198

The impact of adoption of ASU No. 2014-09 on our condensed consolidated balance sheet as of April 30, 2018 and on our condensed consolidated statement of operations for the three months ended April 30, 2018 was as follows:

 
 
As of April 30, 2018
(in thousands)
 
As Reported
 
Balances without Adoption of ASU No. 2014-09
 
Effect of Change Higher (Lower)
Condensed Consolidated Balance Sheet
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
Accounts receivable, net
 
$
303,108

 
$
298,605

 
$
4,503

Contract assets
 
87,963

 
—

 
87,963

Deferred cost of revenue
 
8,501

 
9,238

 
(737
)
Prepaid expenses and other current assets
 
77,058

 
79,059

 
(2,001
)
Long-term deferred cost of revenue
 
4,478

 
2,137

 
2,341

Other assets
 
93,486

 
77,056

 
16,430

 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
Accrued expenses and other current liabilities
 
193,828

 
234,568

 
(40,740
)
Contract liabilities
 
332,139

 
244,702

 
87,437

Long-term contract liabilities
 
28,354

 
24,244

 
4,110

Other liabilities
 
135,799

 
134,844

 
955

 
 
 
 
 
 
 
Stockholders' Equity:
 
 
 
 
 
 
Total stockholders' equity
 
1,163,271

 
1,106,534

 
56,737



While the table below indicates that calculated revenue for the three months ended April 30, 2018 without the adoption of ASU No. 2014-09 would have been lower than the revenue we are reporting under the new accounting guidance, this lower calculated revenue results not only from the impact of the new accounting guidance, but also from changes we made to our business practices in anticipation of the new accounting guidance. These business practice changes adversely impact the calculation of revenue under the prior accounting guidance and include, among other things, the way we manage our professional services projects, offer and deploy our solutions, structure certain customer contracts, and make pricing decisions. While the many variables, required assumptions, and other complexities associated with these business practice changes make it impractical to precisely quantify the impact of these changes, we believe that calculated revenue under the prior accounting guidance, but absent these business practice changes, would have been closer to the revenue we are reporting under the new accounting guidance.

 
 
Three Months Ended
April 30, 2018
(in thousands)
 
As Reported
 
Balances without Adoption of ASU No. 2014-09
 
Effect of Change Higher (Lower)
Condensed Consolidated Statement of Operations
 
 
 
 
 
 
Revenue:
 
 
 
 
 
 
Product
 
$
105,864

 
$
91,367

 
$
14,497

Service and support
 
183,343

 
176,501

 
6,842

 
 
 
 
 
 
 
Cost of revenue:
 
 
 
 
 
 
Product
 
34,809

 
32,348

 
2,461

Service and support
 
71,857

 
71,566

 
291

 
 
 
 
 
 
 
Expenses and Other:
 
 
 
 
 
 
Selling, general and administrative
 
107,497

 
109,955

 
(2,458
)
Provision (benefit) for income taxes
 
274

 
(1,826
)
 
2,100

Net loss
 
(1,225
)
 
(19,915
)
 
18,690