Item 6. SELECTED FINANCIAL DATA

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Item 6. SELECTED FINANCIAL DATA

The selected consolidated statement of operations data for fiscal 2019, 2018, and 2017 and consolidated balance sheet data as of July 31, 2019 and 2018 are derived from our audited consolidated financial statements included elsewhere in this Annual Report on Form 10-K. The selected consolidated statement of operations data for fiscal 2016 and 2015 and consolidated balance sheet data as of July 31, 2017, 2016, and 2015 are derived from audited financial statements not included in this Annual Report on Form 10-K. Our historical results are not necessarily indicative of the results that may be expected in the future. The selected consolidated financial data below should be read in conjunction with the section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included in Part II, Item 7 of this Annual Report on Form 10-K and our consolidated financial statements and related notes included in Part II, Item 8 of this Annual Report on Form 10-K.



	Year Ended July 31,
	2019			2018			2017			2016			2015
	(in millions)
Selected Consolidated Statements of Operations Data:
Total revenue(1)	$	2,899.6		$	2,273.6		$	1,755.1		$	1,378.5		$	928.1
Total gross profit(1)	2,091.2			1,628.5			1,278.7			1,008.5			676.6
Operating loss(1)	(54.1		)	(104.2		)	(165.8		)	(157.3		)	(99.8		)
Net loss(1)	$	(81.9	)	$	(122.2	)	$	(203.0	)	$	(192.7	)	$	(131.3	)
Net loss per share, basic and diluted(1)	$	(0.87	)	$	(1.33	)	$	(2.24	)	$	(2.21	)	$	(1.61	)
Weighted-average shares used to compute net loss per share, basic and diluted	94.5			91.7			90.6			87.1			81.6



	July 31,
	2019		2018		2017		2016		2015
	(in millions)
Selected Consolidated Balance Sheet Data:
Cash and cash equivalents	$	961.4	$	2,506.9	$	744.3	$	734.4	$	375.8
Investments	2,417.1		1,444.0		1,420.0		1,204.0		952.0
Working capital(1)(2)	1,611.5		2,036.8		818.1		927.2		79.3
Total assets(1)	6,592.2		5,948.9		3,538.5		2,858.2		2,026.1
Total deferred revenue(1)	2,888.7		2,279.3		1,692.4		1,240.8		713.7
Convertible senior notes, net(2)	1,430.0		1,920.1		524.7		500.2		476.8
Common stock and additional paid-in capital	2,490.9		1,967.4		1,599.7		1,515.5		988.7
Total stockholders’ equity(1)	$	1,586.3	$	1,160.3	$	927.8	$	894.9	$	559.7


(1)	The amounts for fiscal 2018 and 2017 have been adjusted due to our adoption of the new revenue recognition standard. Fiscal years prior to 2017 have not been adjusted. Refer to Note 1. Description of Business and Summary of Significant Accounting Policies in Part II, Item 8 of this Annual Report on Form 10-K for more information.


(2)	The net carrying amount of the 2019 Notes was classified as a current liability in our consolidated balance sheets as of July 31, 2018, and July 31, 2015, and was classified as a long-term liability for all other prior periods presented. None of the 2019 Notes remained outstanding as of July 31, 2019. The net carrying amount of the 2023 Notes was classified as a long-term liability as of July 31, 2019 and July 31, 2018. Refer to Note 10. Debt in Part II, Item 8 of this Annual Report on Form 10-K for more information on the Notes.

(2)

The net carrying amount of the 2019 Notes was classified as a current liability in our consolidated balance sheets as of July 31, 2018, and July 31, 2015, and was classified as a long-term liability for all other prior periods presented. None of the 2019 Notes remained outstanding as of July 31, 2019. The net carrying amount of the 2023 Notes was classified as a long-term liability as of July 31, 2019 and July 31, 2018. Refer to Note 10. Debt in Part II, Item 8 of this Annual Report on Form 10-K for more information on the Notes.

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