Stock Compensation Plans and Stockholders' Equity (Tables)

6 Months Ended

Jul. 31, 2023

Share-Based Payment Arrangement [Abstract]

Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award

The following table summarizes our PSU activity during the six months ended July 31, 2023: 

	Shares (in thousands)	Weighted-Average Grant-Date Fair Value Per Share
Outstanding as of January 31, 2023	386	$	193.96
PSUs granted	438	$	124.22
PSUs vested	(138)	$	140.21
Outstanding as of July 31, 2023	686	$	160.21

The following table summarizes our RSU activity during the six months ended July 31, 2023: 

	Shares (in thousands)	Weighted-Average Grant-Date Fair Value Per Share
Outstanding as of January 31, 2023	11,627	$	128.11
RSUs granted	3,712	$	92.72
RSUs vested	(3,112)	$	134.73
RSUs forfeited and canceled	(1,078)	$	128.64
Outstanding as of July 31, 2023	11,149	$	114.44

The following table summarizes our RSA activity during the six months ended July 31, 2023: 

	Shares (in thousands)	Weighted-Average Grant-Date Fair Value Per Share
Outstanding as of January 31, 2023	289	$	86.15
RSAs vested	(34)	$	135.14
Outstanding as of July 31, 2023	255	$	79.58

The following table summarizes our stock option activity during the six months ended July 31, 2023:

	Shares (in thousands)	Weighted-Average Exercise Price Per Share		Weighted-Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (1) (in thousands)
Outstanding as of January 31, 2023	108	$	10.27	5.3	$	9,276
Options exercised	(22)	$	10.57
Options forfeited and expired	—	$	29.81
Outstanding as of July 31, 2023	86	$	10.09	4.8	$	8,479
Vested and expected to vest	86	$	10.09	4.8	$	8,452
Exercisable as of July 31, 2023	80	$	9.91	4.8	$	7,838

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(1)    The intrinsic value is calculated as the difference between the exercise price of the underlying stock option award and the closing market price of our common stock as of July 31, 2023.

Schedule of Unrecognized Compensation Costs

The following table presents unrecognized compensation cost and the related weighted-average recognition period for RSUs, PSUs, RSAs, and stock options as of July 31, 2023:

 

	Unrecognized Compensation Cost (in thousands)		Weighted-Average Recognition Period (in years)
RSUs	$	1,048,459	2.1
PSUs	61,557		1.7
RSAs	14,516		2.1
Stock options	634		1.3
Total unrecognized compensation cost	$	1,125,166