Equity Incentive Plans - (Tables)
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9 Months Ended |
Nov. 06, 2022 |
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| Share-Based Payment Arrangement [Abstract] |
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| Summary of Stock Option Activity Under Equity Incentive Plans and Related Information |
A summary of the stock option activity under our equity incentive plans and related information is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | Options Outstanding | | | Number of
Shares | | Weighted-
Average
Exercise Price | | Weighted-
Average
Remaining
Contractual Life (In Years) | | Aggregate
Intrinsic
Value (in thousands) | | Balance at the end of fiscal 2022 | 12,268,938 | | | $ | 10.25 | | | 3.5 | | $ | 198,266 | | | | | | | | | | | Options exercised | (2,316,226) | | | 8.26 | | | | | | | Options forfeited | (11,137) | | | 1.82 | | | | | | Balance at the end of the third quarter of fiscal 2023 | 9,941,575 | | | $ | 10.73 | | | 2.8 | | $ | 195,398 | | Vested and exercisable at the end of the third quarter of fiscal 2023 | 9,656,378 | | | $ | 10.94 | | | 2.7 | | $ | 187,290 | |
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| Schedule of Share-based Compensation, Restricted Stock Units Award Activity |
A summary of the RSU and PRSU activity under our equity incentive plans and related information is as follows: | | | | | | | | | | | | | | | | | | | | Number of
RSUs and PRSUs Outstanding | | Weighted-
Average
Grant Date
Fair Value | | Aggregate
Intrinsic
Value (in thousands) | | Unvested balance at the end of fiscal 2022 | 28,712,878 | | | $ | 19.53 | | | $ | 757,446 | | Granted | 13,297,023 | | | 29.96 | | | | | | | | | | | Vested | (10,632,285) | | | 19.75 | | | | | Forfeited | (2,950,347) | | | 21.58 | | | | | | | | | | Unvested balance at the end of the third quarter of fiscal 2023 | 28,427,269 | | | $ | 24.11 | | | $ | 862,824 | |
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| Schedule of Restricted Stock Activity |
A summary of the restricted stock activity under our 2015 Plan and related information is as follows: | | | | | | | | | | | | | | | | | | | | Number of
Restricted Stock Outstanding | | Weighted-
Average
Grant Date
Fair Value | | Aggregate
Intrinsic
Value (in thousands) | | Unvested balance at the end of fiscal 2022 | 54,977 | | | $ | 20.02 | | | $ | 1,450 | | | | | | | | | Vested | (54,977) | | | 20.02 | | | | | Forfeited | — | | | — | | | | | | | | | | Unvested balance at the end of the third quarter of fiscal 2023 | — | | | $ | — | | | $ | — | |
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| Summarizes the Components of Stock-Based Compensation |
The following table summarizes the components of stock-based compensation expense recognized in the condensed consolidated statements of operations (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | Third Quarter of Fiscal | | First Three Quarters of Fiscal | | | 2022 | | 2023 | | 2022 | | 2023 | | Cost of revenue—product | $ | 1,634 | | | $ | 2,984 | | | $ | 4,547 | | | $ | 7,454 | | | Cost of revenue—subscription services | 5,555 | | | 5,814 | | | 15,098 | | | 16,978 | | Research and development | 36,797 | | | 42,390 | | | 102,343 | | | 120,482 | | | Sales and marketing | 19,151 | | | 18,441 | | | 54,317 | | | 54,740 | | | General and administrative | 12,863 | | | 17,350 | | | 31,458 | | | 45,460 | | | Total stock-based compensation expense | $ | 76,000 | | | $ | 86,979 | | | $ | 207,763 | | | $ | 245,114 | |
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