1 unchanged sentence
Market Information for Common Stock
−Removed: Our Class A common stock has traded on the Nasdaq Global Select Market under the symbol “WDAY” since September 20, 2017.
−Removed: Prior to that time, it traded on the New York Stock Exchange.
+Added: Our Class A common stock is traded on the Nasdaq Global Select Market under the symbol “WDAY”.
Our Class B common stock is not listed or traded on any stock exchange.
5 unchanged sentences
Securities Authorized for Issuance under Equity Compensation Plans
−Removed: The information required for this Item is incorporated by reference from our Proxy Statement to be filed for our 2020 Annual Meeting of Stockholders.
+Added: See Part III, Item 12 “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters” of this Annual Report on Form 10-K for more information regarding securities authorized for issuance.
Stock Performance Graph
−Removed: The following shall not be deemed “soliciting material” or deemed “filed” for purposes of Section 18 of the Exchange Act or subject to Regulation 14A or 14C, other than as provided by this Item 5, or to the liabilities of Section 18 of the Exchange Act, or incorporated by reference into any of our other filings under the Exchange Act or the Securities Act of 1933, as amended, except to the extent we specifically incorporate it by reference into such filing.
+Added: The following shall not be deemed “soliciting material” or deemed “filed” for purposes of Section 18 of the Exchange Act, or subject to Regulation 14A or 14C, other than as provided by this Item 5, or to the liabilities of Section 18 of the Exchange Act, or incorporated by reference into any of our other filings under the Exchange Act or the Securities Act, except to the extent we specifically incorporate it by reference into such filing.
This chart compares the cumulative total return on our common stock with that of the S&P 500 Index and the S&P 1500 Application Software Index.
−Removed: The chart assumes $100 was invested at the close of market on January 31, 2015, in the Class A common stock of Workday, Inc., the S&P 500 Index, and the S&P 1500 Application Software Index, and assumes the reinvestment of any dividends.
+Added: The chart assumes $100 was invested at the close of market on January 31, 2016, in our Class A common stock, the S&P 500 Index, and the S&P 1500 Application Software Index, and assumes the reinvestment of any dividends.
The stock price performance on the following graph is not necessarily indicative of future stock price performance.
5 unchanged sentences
Recent Sales of Unregistered Securities
+Added: During the three months ended January 31, 2021, we issued 1.4 million shares of our unregistered Class A common stock to warrant holders who net exercised their warrants related to our 1.50% convertible senior notes due July 15, 2020 (“2020 Notes”).
+Added: This share amount represents the number of warrants exercised multiplied by the difference between the exercise price of the warrants and their daily volume weighted-average stock price.
+Added: For further information regarding the above transactions, see Note 11, Debt, of the Notes to Consolidated Financial Statements included in Part II, Item 8 of this Annual Report on Form 10-K.
+Added: These shares of our Class A common stock were issued in an exchange pursuant to Section 3(a)(9) of the Securities Act.
+Added: We did not receive any proceeds from the warrant exercises, nor were they subject to underwriting discounts or commissions.
Purchases of Equity Securities by the Issuer and Affiliated Purchases
−Removed: During the three months ended January 31, 2020, we did not repurchase any of our securities.
+Added: The table below sets forth information regarding our purchases of our Class A common stock during the three months ended January 31, 2021:
+Added: Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Number (or Approximate Dollar Value) of Shares that May Yet Be Purchased Under the Plans or Programs
+Added: November 1, 2020 - November 30, 2020 — $ — — —
+Added: December 1, 2020 - December 31, 2020 — — — —
+Added: January 1, 2021 - January 31, 2021 (1)
+Added: 164 228.56 — —
+Added: Total 164 $ 228.56 — —
+Added: (1) The shares purchased represent the exercise of the convertible note hedges relating to the partial early conversion of the 2022 Notes.
+Added: For further information, see Note 11, Debt, of the Notes to Consolidated Financial Statements included in Part II, Item 8 of this Annual Report on Form 10-K.
SELECTED CONSOLIDATED FINANCIAL DATA
3 unchanged sentences
2021 2020 2019 2018 2017
−Removed: *As Adjusted *As Adjusted
+Added: As Adjusted (2)
(in thousands, except per share data)
10 unchanged sentences
Total costs and expenses 4,566,595 4,129,436 3,285,464 2,446,273 1,927,526
−Removed: Operating loss (502,230) (463,284) (303,223) (353,086) (249,789)
+Added: Operating income (loss) (248,599) (502,230) (463,284) (303,223) (353,086)
Other income (expense), net (26,535) 19,783 39,532 (11,563) (32,427)
2 unchanged sentences
Net loss $ (282,431) $ (480,674) $ (418,258) $ (321,222) $ (384,699)
−Removed: Net loss attributable to Class A and Class B common stockholders $ (480,674) $ (418,258) $ (321,222) $ (384,699) $ (275,048)
Net loss per share attributable to Class A and Class B common stockholders, basic and diluted $ (1.19) $ (2.12) $ (1.93) $ (1.55) $ (1.94)
8 unchanged sentences
General and administrative 131,537 118,614 127,443 83,972 78,265
+Added: (2) The summary consolidated statement of operations data for the year ended January 31, 2017, reflects the adoption of Accounting Standards Update (“ASU”) No.
+Added: 2014-09, Revenue from Contracts with Customers (Topic 606) .
As of January 31,
2021 2020 2019 2018 2017
−Removed: *As Adjusted *As Adjusted
+Added: As Adjusted (3)
(in thousands)
7 unchanged sentences
Total unearned revenue 2,636,735 2,309,203 1,949,270 1,537,147 1,221,543
−Removed: Convertible senior notes, net 1,262,286 1,204,778 1,491,354 534,423 507,476
+Added: Total debt 1,795,014 1,262,286 1,204,778 1,491,354 534,423
Total operating lease liabilities 443,051 307,572 — — —
1 unchanged sentence
Total stockholders’ equity 3,277,834 2,486,551 1,958,442 1,580,365 1,276,608
+Added: (3) The summary consolidated balance sheet data as of January 31, 2017, reflects the adoption of ASU No.
+Added: 2014-09, Revenue from Contracts with Customers (Topic 606).
Year Ended January 31,
2021 2020 2019 2018 2017
−Removed: *As Adjusted *As Adjusted
+Added: As Adjusted (4)
(in thousands)
1 unchanged sentence
Net cash provided by (used in) operating activities $ 1,268,441 $ 864,598 $ 606,658 $ 465,727 $ 350,626
−Removed: * The summary consolidated financial data for the years ended January 31, 2017, and 2016, and as of January 31, 2017, and 2016 reflects the adoption of Accounting Standards Update (“ASU”) No.
−Removed: 2014-09, Revenue from Contracts with Customers ( “ Topic 606 ” ) , and ASU No.
−Removed: 2016-18, Statement of Cash Flows, Restricted Cash .
+Added: (4) The summary consolidated cash flow data for the year ended January 31, 2017, reflects the adoption of ASU No.
+Added: 2016-18, Statement of Cash Flows (Topic 230):
+Added: Restricted Cash .
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.