XML 38 R28.htm IDEA: XBRL DOCUMENT v3.19.1
Equity Incentive Plans (Tables)
3 Months Ended
Apr. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Equity Incentive Plans
A summary of stock option activity under our equity incentive plans and related information is as follows:
 
 
Options Outstanding
 
Number of
Shares
 
Weighted-
Average
Exercise Price
 
Weighted-
Average
Remaining
Contractual Life (In Years)
 
Aggregate
Intrinsic
Value (in thousands)
Balance as of January 31, 2019
35,465,543

 
$
8.34

 
5.4
 
$
339,591

Options exercised
(3,207,763
)
 
5.23

 
 
 
 

Options forfeited/canceled
(128,013
)
 
16.37

 
 
 
 

Balance as of April 30, 2019
32,129,767

 
$
8.62

 
5.2
 
$
457,467

Vested and exercisable as of April 30, 2019
24,817,971

 
$
7.24

 
5.0
 
$
387,679

Restricted Stock Units
A summary of the RSU activity under our 2015 Plan and related information is as follows:
 
Number of RSUs Outstanding
 
Weighted-
Average
Grant Date
Fair Value
 
Aggregate
Intrinsic
Value (in thousands)
Unvested balance as of January 31, 2019
21,917,550

 
$
17.94

 
$
392,515

Granted
6,547,013

 
20.92

 


Vested
(2,076,099
)
 
15.25

 


Forfeited
(448,975
)
 
18.51

 


Unvested balance as of April 30, 2019
25,939,489

 
$
18.90

 
$
592,933


Restricted Stock
A summary of the restricted stock activity under our 2015 Plan and related information is as follows:
 
Number of Restricted Stock Outstanding
 
Weighted-
Average
Grant Date
Fair Value
 
Aggregate
Intrinsic
Value (in thousands)
Unvested balance as of January 31, 2019
2,267,569

 
$
18.70

 
$
40,612

Granted
1,338,972

 
20.48

 
 
Vested
(622,662
)
 
20.76

 
 
Unvested balance as of April 30, 2019
2,983,879

 
$
19.18

 
$
68,211


Stock-Based Compensation
The following table summarizes the components of stock-based compensation expense recognized in the condensed consolidated statements of operations (in thousands):
 
 
Three Months Ended 
 April 30,
 
2018
 
2019
Cost of revenue—product
$
608

 
$
977

Cost of revenue—support subscription
2,684

 
3,951

Research and development
21,090

 
28,245

Sales and marketing
13,940

 
18,314

General and administrative
5,633

 
10,670

Total stock-based compensation expense
$
43,955

 
$
62,157