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Stock Option Plans (Tables)
12 Months Ended
Jan. 31, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
The following table summarizes stock option activity and related information under the Stock Plans:
Options Outstanding
Options
Outstanding
Weighted-
Average
Exercise
Price
Weighted-Average Remaining
Contractual
Term
(Years)
Aggregate
Intrinsic
Value
(in thousands)
Balance — January 31, 2019
19,117,696  $5.83  4.3$154,431  
Exercised
(4,395,673) 2.88  —  —  
Canceled
(1,191,660) 15.25  —  —  
Balance — January 31, 2020
13,530,363  $5.96  2.1$70,057  
Exercisable— January 31, 2020
13,478,227  $5.91  2.0$70,057  
Vested and Expected to Vest — January 31, 2020
13,530,363  $5.96  2.1$70,057  
Schedule of Weighted Average Assumptions in Calculating Option Fair Value
The fair value of each stock option grant was estimated at the grant date using the Black-Scholes option-pricing model with the following weighted-average assumptions:
Years Ended January 31,
20192018
Volatility 45.0%  45.3%  
Risk-free interest rate 2.5%  2.0%  
Expected term (in years) 5.0 years6.1 years
Expected dividends —%  —%  
Schedule of Restricted Stock Activity
The following table summarizes RSU activity and related information under the Stock Plans:
RSUs Outstanding
Number of RSUsWeighted-Average Grant Date Fair Value Per Share
Balance —January 31, 201935,058,103  $13.25  
Granted36,075,434  8.96  
Canceled(9,276,310) 12.49  
Vested and converted to shares(23,273,233) 11.15  
Balance —January 31, 202038,583,994  $10.85  
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions
The fair value of each ESPP grant was estimated at the grant date using the Black-Scholes option-pricing model with the following weighted-average assumptions:
Years Ended January 31,
202020192018
Volatility
31.9%  38.8%  32.9%  
Risk-free interest rate
1.9%  2.4%  1.2%  
Expected term (in years)
0.5 years0.5 years0.6 years
Expected dividends
—%  —%  —%