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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Class A & B common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive loss
Beginning balance (in shares) at Jan. 31, 2022   154,196,597      
Beginning balance at Jan. 31, 2022 $ 2,911,637 $ 2 $ 1,196,547 $ 1,727,046 $ (11,958)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock upon exercise of stock options (in shares)   978,792      
Issuance of common stock upon exercise of stock options 30,116   30,116    
Issuance of common stock upon vesting of restricted stock units (in shares)   702,297      
Shares withheld related to net share settlement (in shares)   (245,662)      
Shares withheld related to net share settlement (48,152)   (48,152)    
Stock-based compensation expense 259,702   259,702    
Change in other comprehensive loss (33,684)       (33,684)
Net income 299,173     299,173  
Ending balance (in shares) at Oct. 31, 2022   155,632,024      
Ending balance at Oct. 31, 2022 3,418,792 $ 2 1,438,213 2,026,219 (45,642)
Beginning balance (in shares) at Jul. 31, 2022   155,224,674      
Beginning balance at Jul. 31, 2022 3,243,931 $ 2 1,353,502 1,917,762 (27,335)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock upon exercise of stock options (in shares)   233,435      
Issuance of common stock upon exercise of stock options 4,575   4,575    
Issuance of common stock upon vesting of restricted stock units (in shares)   263,447      
Shares withheld related to net share settlement (in shares)   (89,532)      
Shares withheld related to net share settlement (15,481)   (15,481)    
Stock-based compensation expense 95,617   95,617    
Change in other comprehensive loss (18,307)       (18,307)
Net income 108,457     108,457  
Ending balance (in shares) at Oct. 31, 2022   155,632,024      
Ending balance at Oct. 31, 2022 3,418,792 $ 2 1,438,213 2,026,219 (45,642)
Beginning balance (in shares) at Jan. 31, 2023 [1]   158,244,607      
Beginning balance at Jan. 31, 2023 $ 3,716,252 $ 2 [1] 1,532,627 2,214,752 (31,129)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock upon exercise of stock options (in shares) 2,170,451 2,170,451 [1]      
Issuance of common stock upon exercise of stock options $ 52,184   52,184    
Issuance of common stock upon vesting of restricted stock units (in shares) [1]   852,037      
Shares withheld related to net share settlement (in shares) [1]   (301,408)      
Shares withheld related to net share settlement (58,579)   (58,579)    
Stock-based compensation expense 298,018   298,018    
Change in other comprehensive loss (6,409)       (6,409)
Net income $ 378,307     378,307  
Ending balance (in shares) at Oct. 31, 2023 160,965,687 160,965,687 [1],[2]      
Ending balance at Oct. 31, 2023 $ 4,379,773 $ 2 [1],[2] 1,824,250 2,593,059 (37,538)
Beginning balance (in shares) at Jul. 31, 2023 [2]   160,622,618      
Beginning balance at Jul. 31, 2023 4,152,643 $ 2 [2] 1,729,123 2,457,901 (34,383)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock upon exercise of stock options (in shares) [2]   149,008      
Issuance of common stock upon exercise of stock options 13,956   13,956    
Issuance of common stock upon vesting of restricted stock units (in shares) [2]   297,002      
Shares withheld related to net share settlement (in shares) [2]   (102,941)      
Shares withheld related to net share settlement (21,003)   (21,003)    
Stock-based compensation expense 102,174   102,174    
Change in other comprehensive loss (3,155)       (3,155)
Net income $ 135,158     135,158  
Ending balance (in shares) at Oct. 31, 2023 160,965,687 160,965,687 [1],[2]      
Ending balance at Oct. 31, 2023 $ 4,379,773 $ 2 [1],[2] $ 1,824,250 $ 2,593,059 $ (37,538)
[1]
(1) Class B common stock was converted to Class A common stock on October 15, 2023. We refer to our Class A common stock as common stock. See note 11 Stockholders’ Equity.
[2]
(1) Class B common stock was converted to Class A common stock on October 15, 2023. We refer to our Class A common stock as common stock. See note 11 Stockholders’ Equity.