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Stock-Based Compensation (Tables)

9 Months Ended

Oct. 31, 2021

Share-based Payment Arrangement [Abstract]

Schedule of Stock Options Activity

The following table summarizes the activity related to the Company's stock options:

			Outstanding Stock Options						Weighted-Average Exercise Price						Weighted-Average Remaining Contractual Life (in years)						Aggregate Intrinsic Value (in thousands)
Balance, January 31, 2021			8,871,890						$	7.64					4.94						$	81,906
Granted			—						$	—
Exercised			(1,828,211)						$	9.32
Forfeited or canceled			(12,413)						$	8.98
Balance, October 31, 2021			7,031,266						$	7.20					4.42						$	38,099
Vested and expected to vest			6,975,464						$	7.16					4.41						$	38,069
Exercisable at October 31, 2021			6,752,516						$	7.00					4.35						$	37,913

Schedule of Nonvested RSU Activity

The following table summarizes the activity related to the Company's restricted stock and restricted stock units:

			Outstanding						Weighted-Average Grant Date Fair Value
Balance as of January 31, 2021			9,545,352						$	16.71
Granted			6,980,125						$	13.22
Vested and converted to shares			(3,335,112)						$	15.84
Forfeited or canceled			(2,277,690)						$	16.37
Balance as of October 31, 2021			10,912,675						$	14.81

Schedule of Employee Stock Purchase Plan Valuation Assumptions

The Black-Scholes option pricing model assumptions used to calculate the fair value of shares, estimated at commencement, to be purchased during an ESPP offering period were as follows:

			Three months ended October 31,												Nine months ended October 31,
			2021						2020						2021						2020
Expected life (years)			0.50						0.50						0.50						0.50
Expected volatility			45.54%						65.48%						45.54% - 59.24%						51.44% - 65.48%
Dividend yield			—						—						—						—
Risk-free rate			0.05%						0.12%						0.05% - 0.06%						0.12% - 0.29%

Schedule of Share-Based Compensation Expense

The Company's stock-based compensation expense for the periods presented was as follows:

			Three months ended October 31,												Nine months ended October 31,
(in thousands)			2021						2020						2021						2020
Cost of revenue			$	1,840					$	1,513					$	5,597					$	4,053
Sales and marketing			6,757						9,410						19,635						25,151
Research and development			5,469						4,228						15,285						12,104
General and administrative			5,389						4,136						13,938						12,581
Total stock-based compensation expense			$	19,455					$	19,287					$	54,455					$	53,889

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Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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Tabular disclosure of the changes in outstanding nonvested restricted stock units.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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