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Employee Incentive Plans (Tables)
6 Months Ended
Jul. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock-based Compensation Expense by Award Type
Stock-based compensation expense by award type was as follows (in thousands):
 
Three Months Ended July 31,
 
Six Months Ended July 31,
 
2017
 
2016
 
2017
 
2016
Stock options
$
6,127

 
$
3,664

 
$
12,152

 
$
7,033

RSUs
1,435

 

 
1,501

 

ESPP
2,015

 

 
2,800

 

Restricted stock awards
768

 

 
1,520

 

Restricted common stock
1,633

 

 
2,911

 

Total
$
11,978

 
$
3,664

 
$
20,884

 
$
7,033

Schedule of Stock-based Compensation Expense by Statement of Operations Location
Stock-based compensation expense was recorded in the following cost and expense categories in the Company’s condensed consolidated statements of operations (in thousands):  
 
Three Months Ended July 31,
 
Six Months Ended July 31,
 
2017
 
2016
 
2017
 
2016
Cost of revenue
 
 
 
 
 
 
 
Subscription
$
1,056

 
$
446

 
$
1,742

 
$
839

Professional services and other
738

 
313

 
1,207

 
586

Research and development
4,438

 
736

 
7,739

 
1,354

Sales and marketing
3,021

 
1,412

 
5,396

 
2,766

General and administrative
2,725

 
757

 
4,800

 
1,488

Total
$
11,978

 
$
3,664

 
$
20,884

 
$
7,033

Schedule of Stock Option Activity
A summary of the Company’s stock option activity and related information is as follows:  
 
Number of
Options 
 
Weighted-
Average
Exercise
Price 
 
Weighted-
Average
Remaining
Contractual
Term (Years)
 
Aggregate
Intrinsic Value
(in thousands)
Outstanding as of January 31, 2017
32,866,862

 
$
6.01

 
8.2
 
$
145,570

Granted
2,596,568

 
11.03

 
 
 
 
Exercised
(1,285,555
)
 
3.04

 
 
 
 
Canceled
(817,636
)
 
7.55

 
 
 
 
Outstanding as of July 31, 2017
33,360,239

 
$
6.48

 
7.9
 
$
516,132

As of July 31, 2017
 
 
 
 
 
 
 
Vested and exercisable
14,864,075

 
$
4.16

 
6.8
 
$
264,429

Schedule of Black-Scholes Option Pricing Model Estimated Fair Value Assumptions
The Company used the Black-Scholes option pricing model to estimate the fair value of stock options granted with the following assumptions:
 
Three Months Ended July 31,
 
Six Months Ended July 31,
 
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
 
(unaudited) 
Expected volatility
 
42.9%-43.8%
 
40.3%-40.5%
 
42.9%-44.3%
Expected term (in years)
 
5.8-6.4
 
6.0-6.4
 
5.8-6.4
Risk-free interest rate
 
1.13%-1.50%
 
2.06%-2.21%
 
1.13%-1.54%
Expected dividend yield
 
 
 
Schedule of ESPP Black-Scholes Option Pricing Model Estimated Fair Value Assumptions
The Company estimated the fair value of ESPP purchase rights using a Black-Scholes option pricing model with the following assumptions:
 
Three Months Ended July 31,
 
Six Months Ended July 31,
 
2017
 
2017
 
 
 
 
 
(unaudited)
Expected volatility
31.8%-34.2%
 
31.8%-37.4%
Expected term (in years)
0.5-1.0
 
0.5-1.2
Risk-free interest rate
1.12%-1.22%
 
0.95%-1.22%
Expected dividend yield