Annual report pursuant to Section 13 and 15(d)

Fresh-Start Reporting - Assets and Liabilities (Details)

v3.22.1
Fresh-Start Reporting - Assets and Liabilities (Details) - USD ($)
$ in Thousands
Jan. 31, 2022
Jun. 11, 2021
Jan. 31, 2021
Aug. 27, 2020
Aug. 26, 2020
Jan. 31, 2020
Jan. 31, 2019
Current assets:              
Cash and cash equivalents $ 154,672 $ 117,299 $ 71,479 $ 92,009   $ 18,799  
Restricted cash 14,251   2,964 10,306      
Accounts receivable, less reserves of approximately $294 and $696 as of January 31, 2021 and January 31, 2020, respectively 212,463   179,784 74,317      
Prepaid expenses and other current assets 45,837   30,326 28,444      
Total current assets 427,223   284,553 205,076      
Property and equipment, net 18,084   13,780 16,023      
Goodwill 871,504 494,869 495,004 495,135   1,253,822 $ 1,694,313
Net Carrying Amount, Intangible assets 869,487   728,633 766,086      
Right of use assets 19,925   15,131 17,821      
Other assets 15,725   8,636 3,594      
Total assets 2,221,948   1,545,737 1,503,735      
Current liabilities:              
Current maturities of long-term debt 4,800   5,200 2,600      
Borrowings under accounts receivable facility 74,629   17,022 48,886      
Accounts payable 25,661   7,425 8,151      
Accrued compensation 51,115   36,375 24,987      
Accrued expenses and other current liabilities 51,017   23,125 12,605      
Lease liabilities 6,895   4,740 4,769      
Deferred revenue, current 331,605   257,549 83,745      
Total current liabilities 545,722   351,436 185,743      
Long-term debt, net of current portion 462,185   510,236 512,350      
Lease liabilities non-current 13,355   13,155 16,399      
Warrants       11,200      
Deferred tax liabilities 137,565   120,846 103,930      
Deferred revenue, non-current 1,248   3,035 655      
Other long-term liabilities 11,430   5,998 6,485      
Total long-term liabilities       651,019      
Total liabilities       836,762      
Stockholders' Equity              
Common stock 11   40        
Additional paid-in capital (Predecessor and Successor) 1,306,146   674,333        
Accumulated deficit (247,229)   (93,722)        
Accumulated other comprehensive loss 970   (682)        
Total Stockholders' Equity 1,059,898 $ 530,275 579,969 666,973   $ (2,761,744) $ (1,917,325)
Total liabilities and shareholders' equity $ 2,221,948   1,545,737 1,503,735      
Predecessor              
Current assets:              
Goodwill       1,070,674      
Successor              
Stockholders' Equity              
Common stock       40      
Additional paid-in capital (Predecessor and Successor)       666,933      
Chapter 11, Predecessor, before Adjustment              
Current assets:              
Cash and cash equivalents       42,341      
Restricted cash       35,306      
Accounts receivable, less reserves of approximately $294 and $696 as of January 31, 2021 and January 31, 2020, respectively       73,607      
Prepaid expenses and other current assets       39,317      
Total current assets       190,571      
Property and equipment, net       15,523      
Goodwill       1,070,674      
Net Carrying Amount, Intangible assets       249,962      
Right of use assets       17,454      
Other assets       17,313      
Total assets       1,561,497      
Current liabilities:              
Current maturities of long-term debt       60,000      
Borrowings under accounts receivable facility       48,886      
Accounts payable       7,851      
Accrued compensation       23,587      
Accrued expenses and other current liabilities       12,105      
Lease liabilities       1,699      
Deferred revenue, current       196,469      
Total current liabilities       350,597      
Lease liabilities non-current       3,732      
Deferred revenue, non-current       1,783      
Other long-term liabilities       2,289      
Total long-term liabilities       7,804      
Liabilities subject to compromise       4,472,954      
Total liabilities       4,831,355      
Stockholders' Equity              
Accumulated deficit       (3,267,346)      
Accumulated other comprehensive loss       (2,733)      
Total Stockholders' Equity       (3,269,858)      
Total liabilities and shareholders' equity       1,561,497      
Chapter 11, Predecessor, before Adjustment | Predecessor              
Stockholders' Equity              
Common stock       138      
Additional paid-in capital (Predecessor and Successor)       83      
Reorganization, Chapter 11, Plan Effect Adjustment              
Current assets:              
Cash and cash equivalents       49,668      
Restricted cash       (25,000)      
Accounts receivable, less reserves of approximately $294 and $696 as of January 31, 2021 and January 31, 2020, respectively       1,700      
Prepaid expenses and other current assets       (300)      
Total current assets       26,068      
Property and equipment, net       500      
Goodwill       5,100      
Other assets       (3,500)      
Total assets       28,168      
Current liabilities:              
Current maturities of long-term debt       (57,400)      
Accounts payable       300      
Accrued compensation       1,400      
Accrued expenses and other current liabilities       500      
Lease liabilities       3,245      
Deferred revenue, current       2,400      
Total current liabilities       (49,555)      
Long-term debt, net of current portion       517,400      
Lease liabilities non-current       12,442      
Warrants       11,200      
Deferred tax liabilities       30,484      
Other long-term liabilities       3,796      
Total long-term liabilities       575,322      
Liabilities subject to compromise       (4,472,954)      
Total liabilities       (3,947,187)      
Stockholders' Equity              
Accumulated deficit       3,308,603      
Total Stockholders' Equity       3,975,355      
Total liabilities and shareholders' equity       28,168      
Reorganization, Chapter 11, Plan Effect Adjustment | Predecessor              
Stockholders' Equity              
Common stock       (138)      
Additional paid-in capital (Predecessor and Successor)       (83)      
Reorganization, Chapter 11, Plan Effect Adjustment | Successor              
Stockholders' Equity              
Common stock       40      
Additional paid-in capital (Predecessor and Successor)       666,933      
Fresh-Start Reporting Fair Value Adjustment              
Current assets:              
Accounts receivable, less reserves of approximately $294 and $696 as of January 31, 2021 and January 31, 2020, respectively       (990)      
Prepaid expenses and other current assets       (10,573)      
Total current assets       (11,563)      
Goodwill       (580,639) $ 1,075,800    
Net Carrying Amount, Intangible assets       516,124      
Right of use assets       367      
Other assets       (10,219)      
Total assets       (85,930)      
Current liabilities:              
Lease liabilities       (175)      
Deferred revenue, current       (115,124)      
Total current liabilities       (115,299)      
Long-term debt, net of current portion     $ 4,564 (5,050)      
Lease liabilities non-current       225      
Deferred tax liabilities       73,446      
Deferred revenue, non-current       (1,128)      
Other long-term liabilities       400      
Total long-term liabilities       67,893      
Total liabilities       (47,406)      
Stockholders' Equity              
Accumulated deficit       (41,257)      
Accumulated other comprehensive loss       2,733      
Total Stockholders' Equity       (38,524)      
Total liabilities and shareholders' equity       $ (85,930)