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Stock-Based Compensation (Tables)

12 Months Ended

Jan. 31, 2022

Share-based Payment Arrangement [Abstract]

Schedule of Stock Options Activity

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

			Options Outstanding
			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			(2,220,276)						$	8.65
Forfeited or canceled			(30,913)						$	11.33
Balance, January 31, 2022			6,620,701						$	7.28					4.32						$	11,723
Vested and expected to vest			6,578,465						$	7.25					4.31						$	11,723
Exercisable at January 31, 2022			6,420,701						$	7.12					4.28						$	11,723

Schedule of Nonvested Share Activity

Nonvested option activity is as follows:

			Options						Weighted-Average Grant Date Fair Value
Nonvested as of January 31, 2021			544,911						$	5.55
Granted			—						$	—
Vested			(344,515)						$	5.25
Forfeited			(396)						$	5.95
Balance as of January 31, 2022			200,000						$	6.06

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			7,831,853						$	12.94
Vested and converted to shares			(4,426,715)						$	15.76
Forfeited or canceled			(2,766,276)						$	16.09
Balance as of January 31, 2022			10,184,214						$	14.38

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:

			Fiscal year ended January 31,
			2022						2021						2020
Expected life (years)			0.50						0.50						0.50
Expected volatility			45.54% - 59.24%						51.44% - 65.48%						42.41% - 60.86%
Dividend yield			0.00%						0.00%						0.00%
Risk-free rate			0.05% - 0.06%						0.12% - 0.29%						1.93% - 2.52%

Schedule of Share-Based Compensation Expense

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

			Fiscal year ended January 31,
(in thousands)			2022						2021						2020
Cost of revenue			$	7,099					$	5,724					$	4,115
Sales and marketing			26,496						32,581						31,421
Research and development			20,654						17,071						13,212
General and administrative			19,231						16,918						19,022
Total stock-based compensation expense			$	73,480					$	72,294					$	67,770

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