4 unchanged sentences
The following table sets forth, for the periods indicated, the high and low sale prices of our Class A common stock as reported on the NASDAQ Global Select Market.
+Added: Fiscal 2019 Fiscal 2020
Fiscal Quarter:
+Added: High Low High Low
First quarter $ 61.13 $ 35.95 $ 29.51 $ 18.20
17 unchanged sentences
The stock price performance on the following graph is not necessarily indicative of future stock price performance.
−Removed: Fiscal Quarter
+Added: 9/30/16 7/31/17 7/31/18 7/31/19 7/31/20
Nutanix, Inc.
+Added: $ 100 $ 57.42 $ 132.14 $ 61.35 $ 59.97
Nasdaq Composite Index $ 100 $ 120.60 $ 147.29 $ 158.70 $ 210.72
10 unchanged sentences
For the fiscal years ended July 31, 2016 and 2017, we have recast certain of our financial data, as disclosed in our Annual Report on Form 10-K for the fiscal year ended July 31, 2018.
−Removed: Financial data for the fiscal year ended July 31, 2015 has not been adjusted to reflect the adoption of ASC 606.
Fiscal Year Ended July 31,
−Removed: (in thousands, except share and per share data)
+Added: 2016 2017 2018 2019 2020
+Added: (in thousands, except per share data)
Consolidated Statement of Operations Data:
+Added: Product $ 413,910 $ 673,297 $ 887,989 $ 832,419 $ 765,822
Support, entitlements and other services
+Added: 89,500 172,606 267,468 403,724 541,860
Total revenue 503,410 845,903 1,155,457 1,236,143 1,307,682
1 unchanged sentence
Product (1)(2)
+Added: 133,541 249,393 276,127 143,078 71,312
Support, entitlements and other services (1)
+Added: 37,246 77,938 109,903 161,050 215,377
Total cost of revenue 170,787 327,331 386,030 304,128 286,689
+Added: Gross profit 332,623 518,572 769,427 932,015 1,020,993
Operating expenses:
Sales and marketing (1)(2)
+Added: 286,584 501,021 649,657 909,750 1,160,389
Research and development (1)
+Added: 116,400 288,619 313,777 500,719 553,978
General and administrative (1)
+Added: 34,265 77,341 86,401 119,587 135,547
Total operating expenses 437,249 866,981 1,049,835 1,530,056 1,849,914
2 unchanged sentences
Loss before provision for income taxes
+Added: (105,916) (374,786) (289,714) (613,060) (855,221)
Provision for income taxes 2,317 4,852 7,447 8,119 17,662
+Added: Net loss $ (108,233) $ (379,638) $ (297,161) $ (621,179) $ (872,883)
Net loss per share attributable to Class A and Class B common stockholders—basic and diluted
+Added: $ (2.46) $ (2.96) $ (1.81) $ (3.43) $ (4.48)
Weighted average shares used in computing net loss per share attributable to Class A and Class B common stockholders—basic and diluted
+Added: 43,970 128,296 164,091 181,031 194,719
(1) Includes stock-based compensation expense as follows:
Fiscal Year Ended July 31,
+Added: 2016 2017 2018 2019 2020
(in thousands)
Cost of revenue:
+Added: Product $ 391 $ 3,066 $ 2,580 $ 3,535 $ 5,334
Support, entitlements and other services
+Added: 968 10,411 8,945 15,326 22,014
Total cost of revenue 1,359 13,477 11,525 18,861 27,348
3 unchanged sentences
Total stock-based compensation expense
+Added: $ 20,056 $ 231,491 $ 177,868 $ 306,729 $ 351,998
During the three months ended October 31, 2016, we recorded approximately $83.0 million of stock-based compensation expense related to performance stock awards, as we determined that the performance conditions (certain liquidity events, including our IPO, and the achievement of specified performance targets) were probable of achievement.
1 unchanged sentence
Fiscal Year Ended July 31,
+Added: 2016 2017 2018 2019 2020
(in thousands)
2 unchanged sentences
Total amortization of intangible assets
+Added: $ — $ 2,229 $ 6,555 $ 16,776 $ 17,380
As of July 31,
+Added: 2016 2017 2018 2019 2020
(in thousands)
1 unchanged sentence
Cash, cash equivalents and short-term investments
+Added: $ 185,200 $ 349,053 $ 934,303 $ 908,834 $ 719,778
+Added: Total assets $ 411,715 $ 738,212 $ 1,599,880 $ 1,786,042 $ 1,768,547
Deferred revenue (current and non-current portion)
+Added: $ 218,481 $ 369,056 $ 631,207 $ 910,044 $ 1,183,441
Long-term debt $ 73,260 $ — $ 429,598 $ 458,910 $ 490,222
Preferred stock warrant liability
+Added: $ 9,679 $ — $ — $ — $ —
Convertible preferred stock $ 310,379 $ — $ — $ — $ —
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.