v3.22.2.2
Employee Stock Plans (Tables)
 9 Months Ended
Oct. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity The following tables summarize stock option activity and related information (in thousands, except weighted-average exercise price, weighted-average grant date fair value and average remaining contractual term):
Shares
Subject To
Outstanding
Stock Options		Weighted-Average
Exercise
Price		Average
Remaining
Contractual
Term (Years)		Aggregate
Intrinsic
Value
Balance, January 31, 20228,560 $9.22 5.9$67,259 
Granted20 12.52 
Exercised(398)5.23 
Forfeited(307)14.21 
Balance, October 31, 20227,875 9.23 5.214,046 
Exercisable as of October 31, 20223,274 3.40 2.714,046 
Vested and expected to vest as of October 31, 20227,743 9.15 5.214,046 
Schedule of Stock Option Grant Date Fair Value and Intrinsic Value of Options Exercised
 Three Months Ended October 31,Nine Months Ended October 31,
 
20221
20211
20222021
Weighted-average grant date fair value per share of options granted during each respective period——$5.54 $6.54 
Aggregate intrinsic value of options exercised during each respective period$356 $12,868 $2,386 $27,606 
_________________________________
(1) No stock options were granted during the three months ended October 31, 2022 and 2021.
Schedule of Valuation Assumptions for Estimated Fair Value of Stock Options
We used the Black-Scholes option-pricing model to estimate the fair value of our stock options granted during each respective period using the following assumptions1:
 Nine Months Ended October 31,
 20222021
Fair value of common stock$12.52 
$15.64 - $15.87
Expected volatility42.6 %
42.3% - 42.7%
Expected term (years)5.8
6.0 - 6.1
Risk-free interest rate3.0 %
1.0%- 1.1%
Expected dividend yield— %— %
______________
(1) No stock options were granted during the three months ended October 31, 2022 and 2021.
Schedule of RSU Activity The following table summarizes RSU activity and related information (in thousands, except weighted-average grant date fair value):
Number of RSUs OutstandingWeighted-Average Grant Date Fair Value
Balance, January 31, 202212,171 $15.46 
Granted8,566 11.93 
Vested(4,418)15.14 
Forfeited(2,085)14.24 
Balance, October 31, 202214,234 13.62 
Schedule of PSU Activity The following table summarizes PSU activity and related information (in thousands, except weighted-average grant date fair value):
Number of PSUs OutstandingWeighted-Average Grant Date Fair Value
Balance, January 31, 2022— $— 
Granted2,905 15.21 
Vested— — 
Forfeited— — 
Balance, October 31, 20222,905 $15.21 
Schedule of Valuation Assumptions for Estimated Fair Value of ESPP We estimated the fair value of ESPP purchase rights using a Black-Scholes option pricing model with the following assumptions:
Nine Months Ended October 31,
 20222021
Fair value of common stock$8.91 $16.07 
Expected volatility
44.4% - 52.3%
41.8% - 53.2%
Expected term (years)
0.5 - 2.0
0.5 - 2.0
Risk-free interest rate
2.3% - 3.2%
0.1% - 0.2%
Expected dividend yield— %— %
Schedule of Stock-Based Compensation Expense Stock-based compensation expense was recorded in the following cost and expense categories in the accompanying unaudited condensed consolidated statements of comprehensive loss (in thousands):
 Three Months Ended October 31,Nine Months Ended October 31,
 2022202120222021
Cost of subscription revenue$2,437 $1,580 $6,517 $4,157 
Cost of professional services revenue3,479 2,822 10,186 7,487 
Research and development7,536 5,774 20,967 15,546 
Sales and marketing10,188 6,298 27,603 15,993 
General and administrative5,367 3,438 14,772 8,595 
Total stock-based compensation expense$29,007 $19,912 $80,045 $51,778 
Schedule of Unrecognized Compensation Costs Related to Unvested Equity Awards As of October 31, 2022, unrecognized compensation costs related to unvested equity awards and the weighted-average remaining period over which those costs are expected to be recognized were as follows (dollars in thousands):
Stock OptionsRSUsPSUsESPP
Unrecognized compensation costs$6,766 $159,074 $10,028 $7,748 
Weighted-average remaining recognition period1.8 years2.3 years1.8 years1.1 years