# EDGAR Filing Document

**Accession Number:** 0001353283
**File Stem:** 0000000000-23-000936
**Filing Date:** 2023-1
**Character Count:** 8382
**Document Hash:** 44e35c336b160e4e1bc7e78fe27ef2a9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-000936.hdr.sgml**: 20230525

**ACCESSION NUMBER**: 0000000000-23-000936

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230127

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SPLUNK INC
- **CENTRAL INDEX KEY:** 0001353283
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **IRS NUMBER:** 861106510
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** 270 BRANNAN STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94107
- **BUSINESS PHONE:** 415-848-8400

**MAIL ADDRESS:**
- **STREET 1:** 270 BRANNAN STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94107
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001353283-22-000011

## Text-Extract

```

United States securities and exchange commission logo

                             January 27, 2023

       Brian Roberts
       Chief Financial Officer
       Splunk Inc.
       270 Brannan Street
       San Francisco, California 94107

                                                        Re: Splunk Inc.
                                                            Form 10-K for the
Fiscal Year Ended January 31, 2022
                                                            Filed March 24,
2022
                                                            File No. 001-35498

       Dear Brian Roberts:

              We have reviewed your filing and have the following comments. In
some of our
       comments, we may ask you to provide us with information so we may better
understand your
       disclosure.

              Please respond to these comments within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe our
       comments apply to your facts and circumstances, please tell us why in
your response.

                                                        After reviewing your
response to these comments, we may have additional comments.

       Form 10-K for the Fiscal Year Ended January 31, 2022

       Liquidity and Capital Resources, page 64

   1.                                                   We note your disclosure
that you "repurchased 6.9 million shares of common stock with a
                                                        total price of $1.0
billion." We also note that the stock repurchase program far exceeded
                                                        your cash flow from
operations. In future filings provide a discussion and analysis on the
                                                        funding sources of the
repurchase plan and the impact of such a repurchase plan on your
                                                        liquidity and capital
resources. Refer to Item 303 of Regulation S-K. Please provide us
                                                        with your proposed
future disclosure.
       Note 1. Description of the Business and Significant Accounting Policies
       Goodwill, Intangible Assets, Long-Lived Assets and Impairment
Assessments, page 78

   2.                                                   We note that you
consider "the enterprise to be the reporting unit" for goodwill
                                                        impairment testing.
Please explain how you determined you operate as a single reporting
                                                        unit, given that you
present and discuss the gross margins of your three major product and
 Brian Roberts
Splunk Inc.
January 27, 2023
Page 2
         service lines in Result of Operations of MD&A. Please ensure your
response provides us
         with your analysis of ASC 350-20-35-33 through 35-38 for the
identification of your
         reporting unit.
Note 8. Stock Compensation Plans and Stockholders' Equity, page 97

3.       We note that a number of PSUs earned and eligible to vest is
determined based on
         achievement of certain performance conditions. Please tell us whether
the repurchased
         shares of your common stock for $1.0 billion resulted in a benefit on
achieving certain
         company financial performance measures under the 2012 Equity Incentive
Plan. Also, tell
         us the impact of stock repurchases, if any, on levels of executive
compensation and
         confirm that you will discuss the impact in future filings.
        We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.

      You may contact Joseph Cascarano, Senior Staff Accountant, at
202-551-3376 or Inessa
Kessman, Senior Staff Accountant, at 202-551-3371with any questions.

FirstName LastNameBrian Roberts                             Sincerely,
Comapany NameSplunk Inc.
                                                            Division of
Corporation Finance
January 27, 2023 Page 2                                     Office of
Technology
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

January 27, 2023

Brian Roberts  
Chief Financial Officer  
Splunk Inc.  
270 Brannan Street  
San Francisco, California 94107

**Re: Splunk Inc.**

**Form 10-K for the Fiscal Year Ended January 31, 2022**

**Filed March 24, 2022**

**File No. 001-35498**

Dear Brian Roberts:

We have reviewed your filing and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response.

After reviewing your response to these comments, we may have additional comments.

Form 10-K for the Fiscal Year Ended January 31, 2022

Liquidity and Capital Resources, page 64

1. We note your disclosure that you 'repurchased 6.9 million shares of common stock with a total price of $1.0 billion.' We also note that the stock repurchase program far exceeded your cash flow from operations. In future filings provide a discussion and analysis on the funding sources of the repurchase plan and the impact of such a repurchase plan on your liquidity and capital resources. Refer to Item 303 of Regulation S-K. Please provide us with your proposed future disclosure.

Note 1. Description of the Business and Significant Accounting Policies

Goodwill, Intangible Assets, Long-Lived Assets and Impairment Assessments, page 78

2. We note that you consider 'the enterprise to be the reporting unit' for goodwill impairment testing. Please explain how you determined you operate as a single reporting unit, given that you present and discuss the gross margins of your three major product and

Brian Roberts
Splunk Inc.
January 27, 2023
Page 2

service lines in Result of Operations of MD&A. Please ensure your response provides us with your analysis of ASC 350-20-35-33 through 35-38 for the identification of your reporting unit.

Note 8. Stock Compensation Plans and Stockholders' Equity, page 97

3. We note that a number of PSUs earned and eligible to vest is determined based on achievement of certain performance conditions. Please tell us whether the repurchased shares of your common stock for $1.0 billion resulted in a benefit on achieving certain company financial performance measures under the 2012 Equity Incentive Plan. Also, tell us the impact of stock repurchases, if any, on levels of executive compensation and confirm that you will discuss the impact in future filings.

We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.

You may contact Joseph Cascarano, Senior Staff Accountant, at 202-551-3376 or Inessa Kessman, Senior Staff Accountant, at 202-551-3371 with any questions.

Sincerely,

Division of Corporation Finance
Office of Technology