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Equity Incentive Plans - (Tables)
9 Months Ended
Oct. 31, 2021
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 202118,558,974 $9.60 4.3$251,503 
Options exercised(3,983,273)8.42   
Options forfeited(286,550)11.24   
Balance at the end of the third quarter of fiscal 2022
14,289,151 $9.90 3.6$242,811 
Vested and exercisable at the end of the third quarter of fiscal 2022
13,250,654 $10.32 3.4$219,225 
Restricted Stock Units and Performance Restricted Stock Units
A summary of the RSU activity under our equity incentive plans and related information is as follows:
 Number of
RSUs Outstanding
Weighted-
Average
Grant Date
Fair Value
Aggregate
Intrinsic
Value (in thousands)
Unvested balance at the end of fiscal 202130,830,082 $15.77 $712,657 
Granted
14,808,923 22.11 
Vested(9,875,551)16.77 
Forfeited(4,845,679)16.25 
Unvested balance at the end of the third quarter of fiscal 2022
30,917,775 $18.36 $830,451 
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 2021557,836 $19.06 $12,903 
Vested(385,711)18.60 
Forfeited(62,172)20.22 
Unvested balance at the end of the third quarter of fiscal 2022
109,953 $20.04 $2,953 
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
 2021202220212022
Cost of revenue—product$1,027 $1,634 $3,013 $4,547 
Cost of revenue—subscription services3,883 5,555 10,961 15,098 
Research and development
29,220 36,797 87,770 102,343 
Sales and marketing14,898 19,151 48,018 54,317 
General and administrative10,581 12,863 29,993 31,458 
Total stock-based compensation expense$59,609 $76,000 $179,755 $207,763