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Equity Award Plans (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Assumptions used in the Black-Scholes Option-Pricing Model to Determine Fair Value of Stock Options
The following table summarizes the assumptions used in the Black-Scholes option-pricing model to determine fair value of our stock options:
 
 
Year Ended December 31,
 
 
2014
 
2013
 
2012
Fair value of common stock
 
$27.89 - $75.87
 
$6.05 - $42.37
 
$1.65 - $5.44
Risk-free interest rate
 
1.8% - 2.0%
 
0.6% - 2.1%
 
0.2% - 3.4%
Expected term (in years)
 
6
 
4 - 6
 
1 - 6
Volatility
 
51% - 53%
 
46% - 54%
 
49% - 53%
Dividend yield
 
—%
 
—%
 
—%
Summary of Assumptions used in the Black-Scholes Option-Pricing Model to Determine Fair Value of Common Shares to be Issued under the ESPP
The following table summarizes the assumptions used in the Black-Scholes option-pricing model to determine fair value of our common shares to be issued under the ESPP:
 
 
Year Ended December 31,
 
 
2014
 
2013
Fair value of common stock
 
$27.08 - $32.32
 
$20.00
Risk-free interest rate
 
0.1%
 
0.1%
Expected term (in years)
 
0.5 - 1.0
 
0.7 - 1.2
Volatility
 
35% - 45%
 
42% - 45%
Dividend yield
 
— %
 
— %
Schedule of Stock-based Compensation Expense Related to Stock Options, ESPP and restricted Stock Units and Awards
Total stock-based compensation expense related to stock options, ESPP and restricted stock units and awards is included in the consolidated statements of operations as follows (in thousands):
 
 
Year Ended December 31,
 
 
2014
 
2013
 
2012
Cost of product revenue
 
$
888

 
$
469

 
$
115

Cost of subscription and services revenue
 
17,037

 
2,341

 
55

Research and development
 
28,968

 
6,958

 
1,465

Sales and marketing
 
66,773

 
10,748

 
1,672

General and administrative
 
38,186

 
8,342

 
3,536

Total
 
$
151,852

 
$
28,858

 
$
6,843

Summary of Activity for Stock Option Changes and Information Related to Options Vested and Expected to Vest and Options Exercisable
A summary of the activity for our stock option changes during the reporting periods and a summary of information related to options vested and expected to vest and options exercisable are presented below (in thousands, except per share and contractual life amounts and years):
 
 
Options Outstanding
 
 
Number of
Shares
 
Weighted-
Average
Exercise
Price 
 
Weighted-
Average
Grant Date Fair Value
 
Weighted-
Average
Contractual
Life (years)
 
 
Aggregate
Intrinsic
Value
Balance — December 31, 2011
 
14,711

 
$
0.42

 
 
 
8.6
 
$
11,227

Option granted
 
11,341

 
$
1.92

 
$
1.35

 
 
 
 
Options exercised
 
(7,472
)
 
$
1.27

 
 
 
 
 
$
6,682

Options canceled
 
(1,244
)
 
$
1.06

 
 
 
 
 
 
Balance — December 31, 2012
 
17,336

 
$
0.98

 
 
 
8.3
 
$
77,250

Option granted
 
13,182

 
$
9.57

 
$
5.71

 
 
 
 
Options exercised
 
(6,222
)
 
$
0.88

 
 
 
 
 
$
41,599

Options canceled
 
(1,453
)
 
$
3.60

 
 
 
 
 
 
Options assumed in acquisition
 
4,579

 
$
5.93

 
 
 
 
 
 
Balance — December 31, 2013
 
27,422

 
$
5.82

 
 
 
8.3
 
$
1,036,224

Option granted
 
676

 
$
72.60

 
$
72.60

 
 
 
 
Options exercised
 
(7,642
)
 
$
2.97

 
 
 
 
 
$
271,236

Options cancelled
 
(1,941
)
 
$
9.10

 
 
 
 
 
 
Options assumed in acquisition
 
63

 
$
20.60

 
 
 
 
 
 
Balance — December 31, 2014
 
18,578

 
$
9.13

 
 
 
7.4
 
$
445,636

Options vested and expected to vest — December 31, 2014
 
18,148

 
$
9.01

 
 
 
7.4
 
$
436,741

Options exercisable — December 31, 2014
 
8,590

 
$
5.48

 
 
 
6.6
 
$
227,063

Schedule of Additional Information Regarding Options Outstanding
Additional information regarding options outstanding as of December 31, 2014 is as follows (in thousands, except per share data and years):
 
 
Options Outstanding 
 
Options Exercisable 
Exercise Price Range
 
Number of Shares
 
Weighted-
Average
Remaining
Contractual
Life (Years)
 
Weighted-
Average
Exercise
Price
 
Number of Shares
 
Weighted-
Average
Exercise
Price
$0.06 — $0.57
 
2,168

 
4.6
 
$
0.24

 
2,095

 
$
0.23

$0.75 — $1.65
 
2,355

 
6.5
 
$
1.42

 
1,487

 
$
1.37

$2.48 — $3.66
 
1,329

 
7.6
 
$
2.96

 
549

 
$
2.93

$5.44 — $5.44
 
2,851

 
7.9
 
$
5.44

 
1,081

 
$
5.44

$6.61 — $7.92
 
1,277

 
6.4
 
$
6.90

 
857

 
$
6.82

$7.93 — $7.93
 
2,752

 
7.9
 
$
7.93

 
932

 
$
7.93

$8.09 — $9.68
 
2,011

 
8.4
 
$
9.33

 
628

 
$
9.32

$10.25 — $13.00
 
2,494

 
8.4
 
$
11.94

 
720

 
$
11.91

$20.00 — $74.35
 
1,301

 
8.7
 
$
49.26

 
241

 
$
38.89

$75.87 — $75.87
 
40

 
9.2
 
$
75.87

 

 
$

$0.06 - $75.87
 
18,578

 
7.4
 
$
9.13

 
8,590

 
$
5.48

Summary of Activity of Restricted Common Stock, RSAs and RSUs and Information Related to Unvested Restricted Stock, RSAs and RSUs and those Expected to Vest
A summary of the activity for our restricted common stock, RSAs and RSUs during the reporting periods and a summary of information related to unvested restricted common stock, RSAs and RSUs and those expected to vest are presented below (in thousands, except per share data and years):
 
 
Number of Shares
 
Weighted-
Average
Grant-Date Fair Value
 
Weighted-
Average
Contractual
Life (years)
 
Aggregate
Intrinsic
Value
Unvested balance — December 31, 2011
 
1,220

 
 
 
 
 
 
Granted
 
2,687

 
$
2.72

 
 
 
 
Vested
 
(898
)
 
 
 
 
 
 
Canceled/forfeited
 

 
 
 
 
 
 
Unvested balance — December 31, 2012
 
3,009

 
 
 
 
 
 
Granted
 
1,949

 
$
31.59

 
 
 
 
Vested
 
(2,115
)
 
 
 
 
 
 
Canceled/forfeited
 
(262
)
 
 
 
 
 
 
Granted in connection with acquisitions
 
1,021

 
$
37.65

 
 
 
 
Unvested balance — December 31, 2013
 
3,602

 
 
 
 
 
 
Granted
 
6,734

 
$
42.12

 
 
 
 
Vested
 
(1,482
)
 
 
 
 
 
 
Canceled/forfeited
 
(809
)
 
 
 
 
 
 
Granted in connection with acquisitions
 
296

 
$
26.44

 
 
 
 
Unvested balance — December 31, 2014
 
8,341

 
 
 
1.7
 
$
263,416

Expected to vest — December 31, 2014
 
7,819

 
 
 
1.7
 
246,926