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

A summary of stock option activity for the six months ended July 31, 2016 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, 2016

 

18,549,702

 

 

$

5.01

 

 

 

6.8

 

 

$

359,306,108

 

Options granted

 

1,075,000

 

 

 

25.41

 

 

 

 

 

 

 

 

 

Options exercised

 

(2,006,882

)

 

 

2.27

 

 

 

 

 

 

 

 

 

Options forfeited/cancelled

 

(212,452

)

 

 

4.40

 

 

 

 

 

 

 

 

 

Options outstanding at July 31, 2016

 

17,405,368

 

 

$

6.60

 

 

 

6.7

 

 

$

546,431,136

 

Options vested and exercisable at July 31, 2016

 

16,731,371

 

 

$

6.54

 

 

 

6.7

 

 

$

526,238,982

 

Options vested and exercisable at July 31, 2016 and

   expected to vest thereafter

 

5,333,997

 

 

$

5.17

 

 

 

6.1

 

 

$

175,053,298

 

 

Summary of Restricted Stock Unit (RSU) Activity

A summary of restricted stock unit (RSU) activity for the six months ended July 31, 2016 is as follows:

 

 

 

 

 

 

Weighted

 

 

Unreleased

 

 

average

 

 

Restricted

 

 

grant date

 

 

Stock Units

 

 

fair value

 

Balance at January 31, 2016

 

2,219,425

 

 

$

26.80

 

RSUs granted

 

1,876,140

 

 

 

26.85

 

RSUs vested

 

(420,845

)

 

 

26.57

 

RSUs forfeited/cancelled

 

(202,939

)

 

 

26.23

 

Balance at July 31, 2016

 

3,471,781

 

 

$

26.89

 

 

Schedule of Weighted-Average Assumptions Used to Estimate Grant Date Fair Value of Options Granted

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

 

 

Three Months Ended

July 31,

 

 

Six Months Ended

July 31,

 

 

2016

 

2015

 

 

2016

 

 

2015

 

Volatility

 

45% – 46%

 

 

45% – 46%

 

 

45% – 46%

 

Expected term (in years)

 

5.50 – 6.32

 

 

6.31 – 7.56

 

 

5.50 – 6.32

 

Risk-free interest rate

 

1.69% – 1.84%

 

 

1.48% – 1.67%

 

 

1.69% – 1.84%

 

Dividend yield

 

 

0%

 

 

 

0%

 

 

 

0%