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Employee Incentive Plans (Tables)
12 Months Ended
Jan. 31, 2018
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):
 
Year Ended January 31,
 
2018
 
2017
 
2016
Stock options
$
24,186

 
$
17,127

 
$
9,832

RSUs
9,104

 

 

ESPP
7,111

 

 

Restricted stock awards
3,281

 

 

Restricted common stock
6,178

 

 

Total
$
49,860

 
$
17,127

 
$
9,832

 
 
 
 
 
 
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 consolidated statements of operations (in thousands):  
 
Year Ended January 31,
 
2018
 
2017
 
2016
Cost of revenue:
 
 
 
 
 
Subscription
$
4,600

 
$
1,979

 
$
909

Professional services and other
3,137

 
1,283

 
553

Research and development
18,107

 
2,992

 
1,748

Sales and marketing
13,242

 
6,029

 
2,853

General and administrative
10,774

 
4,844

 
3,769

Total
$
49,860

 
$
17,127

 
$
9,832

 
 
 
 
 
 
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
2,676,667

 
11.56

 
 
 
 

Exercised
(9,180,242
)
 
3.66

 
 
 
 

Canceled
(1,446,242
)
 
7.76

 
 
 
 

Outstanding as of January 31, 2018
24,917,045

 
$
7.37

 
7.6
 
$
550,173

As of January 31, 2018:
 
 
 
 
 
 
 
Vested and expected to vest
24,917,045

 
$
7.37

 
7.6
 
$
550,173

Vested and exercisable
10,205,493

 
$
5.33

 
6.9
 
$
246,189

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:  
 
Year Ended January 31,
 
2018
 
2017
 
2016
Expected volatility
40% - 41%

 
40% - 44%

 
42% -  46%

Expected term (in years)
6.3 - 6.4

 
5.5 - 6.9

 
5.0 - 6.1

Risk-free interest rate
1.87% - 2.21%

 
1.13% - 2.28%

 
1.43% -  1.88%

Expected dividend yield

 

 

Schedule of Nonvested Restricted Stock Units Activity
A summary of the Company’s RSU activities and related information is as follows:  
 
Number of
RSUs
 
Weighted-
Average
Grant Date Fair Value Per Share
Outstanding as of January 31, 2017

 
$

Granted
3,012,111

 
24.37

Vested

 

Forfeited
(149,182
)
 
24.15

Outstanding as of January 31, 2018
2,862,929

 
$
24.38

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:
 
As of
 January 31, 2018
Expected volatility
32% - 38%
Expected term (in years)
0.5-1.2
Risk-free interest rate
0.95%-1.73%
Expected dividend yield