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Stock-Based Compensation (Tables)
12 Months Ended
Jan. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Total Stock-Based Compensation Recognized for Stock-Based Awards in Consolidated Statements of Operations

Total stock-based compensation recognized for stock-based awards in the consolidated statements of operations was as follows (in thousands):

 

 

 

Fiscal Year Ended January 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Cost of revenue

 

$

920

 

 

$

1,102

 

 

$

1,026

 

Sales and marketing

 

 

1,442

 

 

 

1,818

 

 

 

1,438

 

Research and development

 

 

3,762

 

 

 

3,972

 

 

 

3,586

 

General and administrative

 

 

4,246

 

 

 

4,029

 

 

 

3,722

 

Total stock-based compensation expense

 

$

10,370

 

 

$

10,921

 

 

$

9,772

 

 

Summary of Assumptions Used to Estimate Fair Value of Employee Stock Options Grants and Employee Stock Purchase Plan Using Black-Scholes Option Pricing Model

The fair value of employee stock options and ESPP was estimated using the Black–Scholes model with the following assumptions, as applicable:

 

 

 

Fiscal Year Ended January 31,

 

 

2019

 

 

2018

 

 

2017

Stock Options:

 

 

 

 

 

 

 

 

 

 

Expected volatility

 

43%

 

 

47%

 

 

NA

Expected term (in years)

 

6.1

 

 

6.1

 

 

NA

Risk-free interest rate

 

2.7

 

 

1.8%-2.1%

 

 

NA

Dividend yield

 

NA

 

 

NA

 

 

NA

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended January 31,

 

 

2019

 

 

2018

 

 

2017

ESPP:

 

 

 

 

 

 

 

 

 

 

Expected volatility

 

39%-56%

 

 

35%-41%

 

 

37%-50%

Expected term (in years)

 

0.5-2.0

 

 

0.5-2.0

 

 

0.5-2.0

Risk-free interest rate

 

2.0%-2.8%

 

 

0.9%-1.4%

 

 

0.5%-1.0%

Dividend yield

 

NA

 

 

NA

 

 

NA