XML 38 R29.htm IDEA: XBRL DOCUMENT v3.22.2.2
Employee Incentive Plans (Tables)
 9 Months Ended
Oct. 31, 2022
Share-Based Payment Arrangement [Abstract]  
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:
 Three Months Ended
October 31,		Nine Months Ended
October 31,
 2022202120222021
(dollars in thousands)
Cost of revenue    
Subscription$17,106 $13,455 $51,509 $33,843 
Professional services and other3,563 3,376 11,016 8,879 
Research and development69,208 56,573 208,330 129,998 
Sales and marketing41,515 39,248 120,299 101,602 
General and administrative39,593 43,133 120,533 133,289 
Total$170,985 $155,785 $511,687 $407,611 
Schedule of Shares of Common Stock Reserved for Future Issuance Shares of common stock reserved for future issuance are as follows:
As of October 31, 2022
Stock options and unvested RSUs outstanding15,807,738 
Available for future stock option and RSU grants26,022,656 
Available for ESPP7,053,433 
 48,883,827 
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, 20227,984,078 $39.59 5.2$1,314,031 
Granted— — 
Exercised(1,177,880)12.41 
Expired(24,833)195.71 
Forfeited(151,841)62.73 
Outstanding as of October 31, 20226,629,524 $43.30 4.6$249,207 
As of October 31, 2022
Vested and exercisable5,855,640 $27.07 4.1$242,916 
Schedule of Nonvested Restricted Stock Units Activity
A summary of the Company’s RSU activity (inclusive of market-based RSUs) and related information is as follows:
Number of
RSUs		Weighted-
Average
Grant Date Fair Value Per Share
Outstanding as of January 31, 20226,225,747 $207.26 
Granted6,087,249 121.08 
Vested(1,956,194)177.54 
Forfeited(1,178,588)195.91 
Outstanding as of October 31, 20229,178,214 $157.90 
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
October 31,		Nine Months Ended
October 31,
 2022202120222021
Expected volatility
—%- —%
—% - —%
63% - 78%
47% - 48%
Expected term (in years)
0 - 0
0 - 0
0.5 - 1.0
0.5 - 1.0
Risk-free interest rate
—% - —%
—% - —%
2.46% - 2.92%
0.06% - 0.09%
Expected dividend yield————