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Equity Incentive Plans - (Tables)
3 Months Ended
May 08, 2022
Share-based Payment Arrangement [Abstract]  
Summary of Stock Option Activity Under Equity Incentive Plans and Related Information
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 202212,268,938 $10.25 3.5$198,266 
Options exercised(1,232,899)9.27   
Options forfeited(8,690)1.88   
Balance at the end of the first quarter of fiscal 2023
11,027,349 $10.37 3.4$187,989 
Vested and exercisable at the end of the first quarter of fiscal 2023
10,484,441 $10.77 3.2$174,121 
Schedule of Share-based Compensation, Restricted Stock Units Award Activity
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 202228,712,878 $19.53 $757,446 
Granted
9,992,401 31.02 
Vested(3,608,468)18.75 
Forfeited(1,002,438)19.72 
Unvested balance at the end of the first quarter of fiscal 2023
34,094,373 $22.97 $933,532 
Schedule of Restricted Stock Activity
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 202254,977 $20.02 $1,450 
Vested(54,977)20.02 
Forfeited— — 
Unvested balance at the end of the first quarter of fiscal 2023
— $— $— 
Summarizes the Components of Stock-Based Compensation
The following table summarizes the components of stock-based compensation expense recognized in the condensed consolidated statements of operations (in thousands):
 
 
First Quarter of Fiscal
 20222023
Cost of revenue—product$1,347 $1,863 
Cost of revenue—subscription services4,406 5,356 
Research and development
30,421 36,517 
Sales and marketing16,808 18,345 
General and administrative8,352 12,490 
Total stock-based compensation expense$61,334 $74,571