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Equity Incentive Plans - (Tables)
9 Months Ended
Nov. 01, 2020
Share-based Payment Arrangement [Abstract]  
Equity Incentive Plans
A summary of the 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 at the end of fiscal 202026,822,243 $8.97 3.9$237,803 
Options assumed in an acquisition1,891,349 1.75   
Options exercised(4,990,458)5.14   
Options forfeited(344,685)16.16   
Balance at the end of the third quarter of fiscal 2021
23,378,449 $9.10 4.3$171,868 
Vested and exercisable at the end of the third quarter of fiscal 2021
20,177,814 $9.28 3.9$144,373 
Restricted Stock Units and Performance Restricted Stock Units
A summary of the RSU and PRSU activity under our equity incentive plans and related information is as follows:
 Number of
RSUs and PRSUs Outstanding
Weighted-
Average
Grant Date
Fair Value
Aggregate
Intrinsic
Value (in thousands)
Unvested balance at the end of fiscal 202025,434,597 $18.72 $452,736 
Granted16,650,722 11.73 
Assumed in an acquisition2,016,061 15.79 
Vested(8,445,201)16.95 
Forfeited(2,308,191)16.94 
Unvested balance at the end of the third quarter of fiscal 2021
33,347,988 $15.62 $536,903 
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 at the end of fiscal 20202,127,206 $19.58 $37,684 
Vested(1,031,540)19.60 
Forfeited/canceled(316,965)20.38 
Unvested balance at the end of the third quarter of fiscal 2021
778,701 $19.23 $12,537 
Stock-Based Compensation
The following table summarizes the components of stock-based compensation expense recognized in the condensed consolidated statements of operations (in thousands):
 
 
Third Quarter of Fiscal
First Three Quarters of Fiscal
 2020202120202021
Cost of revenue—product$912 $1,027 $2,843 $3,013 
Cost of revenue—subscription services3,517 3,883 11,101 10,961 
Research and development
27,827 29,220 85,180 87,770 
Sales and marketing16,802 14,898 51,171 48,018 
General and administrative5,171 10,581 24,495 29,993 
Total stock-based compensation expense$54,229 $59,609 $174,790 $179,755