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Stockholders' Equity (Tables)
12 Months Ended
Jan. 31, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock Option Activity

A summary of stock option activity for fiscal 2016 is presented below

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

average

 

 

 

 

 

 

 

 

 

 

average

 

 

remaining

 

 

Aggregate

 

 

Number

 

 

exercise

 

 

contractual

 

 

intrinsic

 

 

of shares

 

 

price

 

 

term (in years)

 

 

value

 

Options outstanding at January 31, 2015

 

20,233,620

 

 

$

4.18

 

 

 

7.7

 

 

$

498,862,568

 

Options granted

 

619,800

 

 

 

26.91

 

 

 

 

 

 

 

 

 

Options exercised

 

(2,034,581

)

 

 

2.90

 

 

 

 

 

 

 

 

 

Options forfeited/cancelled

 

(269,137

)

 

 

9.04

 

 

 

 

 

 

 

 

 

Options outstanding at January 31, 2016

 

18,549,702

 

 

$

5.01

 

 

 

6.8

 

 

$

359,306,108

 

Options vested and exercisable at January 31, 2016

 

5,359,310

 

 

$

3.51

 

 

 

6.1

 

 

$

111,640,103

 

Options vested and exercisable at January 31, 2016 and

   expected to vest thereafter

 

17,784,060

 

 

$

5.00

 

 

 

6.8

 

 

$

344,779,212

 

 

Summary of RSU Activity

A summary of RSU activity for fiscal 2016 is presented below:

 

 

 

 

 

 

Weighted

 

 

Unreleased

 

 

average

 

 

Restricted

 

 

grant date

 

 

Stock Units

 

 

fair value

 

Balance at January 31, 2015

 

965,972

 

 

$

27.48

 

RSUs granted

 

1,996,000

 

 

 

26.59

 

RSUs vested

 

(446,515

)

 

 

27.28

 

RSUs forfeited/cancelled

 

(296,032

)

 

 

26.88

 

Balance at January 31, 2016

 

2,219,425

 

 

$

26.80

 

 

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 our stock options granted during the periods presented:

 

 

For the fiscal year ended

 

 

2016

 

 

2015

 

 

2014

 

Volatility

45% – 46%

 

 

48% – 50%

 

 

42% – 50%

 

Expected term (in years)

5.50 – 6.32

 

 

6.00 – 6.32

 

 

6.32 – 8.23

 

Risk-free interest rate

1.69% – 1.84%

 

 

1.75% – 1.94%

 

 

1.03% – 2.09%

 

Dividend yield

 

0%

 

 

 

0%

 

 

 

0%

 

 

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

The following table presents the weighted-average assumptions used to calculate our stock-based compensation for the stock purchases under the ESPP:

 

Volatility

 

 

 

 

 

44%

 

Expected term (in years)

 

 

 

 

 

0.58

 

Risk-free interest rate

 

 

 

 

 

0.10%

 

Dividend yield

 

 

 

 

 

0%