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Stockholders' Equity (Tables)
3 Months Ended
Apr. 30, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock Option Activity

A summary of stock option activity for the three months ended April 30, 2014 is as follows:

 

                  Weighted         
           Weighted      average         
           average      remaining      Aggregate  
     Number     exercise      contractual      intrinsic  
     of shares     price      term (in years)      value  

Options outstanding at January 31, 2014

     25,424,437      $ 3.22        8.5      $ 726,649,586  

Options Granted

     300,000        32.26        

Options Exercised

     (1,392,113     0.49         $ 30,842,309  

Options Forfeited/Cancelled

     (153,950     5.48        
  

 

 

         

Options outstanding at April 30, 2014

     24,178,374      $ 3.73        8.1      $ 379,453,926  
  

 

 

         

Options vested and exercisable at April 30, 2014

     4,362,659      $ 0.80        6.5      $ 80,302,465  

Options vested and exercisable at April 30, 2014 and expected to vest thereafter

     22,566,905      $ 3.67        8.1      $ 355,302,503  
Summary of Restricted Stock Unit (RSU) Activity

A summary of restricted stock unit (RSU) activity for the three months ended April 30, 2014 is as follows:

 

           Weighted  
     Unreleased     average  
     Restricted     grant date  
     Stock Units     fair value  

Unreleased RSUs at January 31, 2014

     156,050      $ 36.52   

RSUs Granted

     183,775        27.17   

RSUs Forfeited

     (5,400     34.98   
  

 

 

   

Unreleased RSUs at April 30, 2014

     334,425      $ 31.41
Schedule of Weighted-Average Assumptions Used to Estimate Fair Value of Options Granted

The following table presents the weighted-average assumptions used to estimate the fair value of options granted during the periods presented:

 

     Three Months Ended April 30,  
     2014     2013  

Volatility

     48     42

Expected life (in years)

     6.27        6.32 – 8.23   

Risk-free interest rate

     1.85     1.03% – 1.65

Dividend yield

     —       —  
Schedule of Weighted-Average Assumptions Used to Calculate Out Stock-Based Compensation for Each Stock Purchase under ESPP

The following table presents the weighted-average assumptions used to calculate out stock-based compensation for each stock purchase under the ESPP:

 

     Three Months Ended  
     April 30, 2014  

Volatility

     44

Expected life (in years)

     0.58   

Risk-free interest rate

     0.10

Dividend yield

     —