Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation Plans and Awards (Tables)

v2.4.0.6
Stock-based Compensation Plans and Awards (Tables)
6 Months Ended
Jul. 31, 2012
Stock-based Compensation Plans and Awards  
Schedule of assumptions used for estimating the fair value of stock options

 

 

 

 

Three Months Ended
July 31,

 

Six Months Ended
July 31,

 

 

 

2011

 

2012

 

2011

 

2012

 

Expected life (in years)

 

5.82-6.08

 

N/A

 

5.73-7.02

 

6.67

 

Risk-free interest rate

 

1.70-2.78

%

N/A

 

1.70-3.30

%

1.52

%

Expected volatility

 

54

%

N/A

 

54-57

%

57

%

Expected dividend yield

 

0

%

N/A

 

0

%

0

%

Summary of stock option activity

 

 

 

 

Options
Outstanding
Stock
Options

 

Weighted-
Average
Exercise
Price

 

Aggregate(1)
Intrinsic
Value

 

 

 

(in thousands, except share and per share data)

 

Balance as of January 31, 2012

 

34,810,926

 

$

2.43

 

$

379,355

 

Granted

 

1,350,000

 

10.63

 

 

 

Exercised

 

(4,732,848

)

0.75

 

 

 

Cancelled

 

(991,217

)

4.67

 

 

 

Balance as of July 31, 2012

 

30,436,861

 

$

2.99

 

$

223,993

 

Equity awards available for grant at July 31, 2012

 

14,274,993

 

 

 

 

 

 

 

(1)                   Amounts represent the difference between the exercise price and the fair value of common stock at period end for all in the money options outstanding based on the fair value per share of common stock.

Schedule of activities for RSUs

 

 

 

 

Number of
Shares

 

Weighted-
Average
Grant-Date
Fair Value

 

Unvested at January 31, 2012

 

1,426,975

 

$

12.03

 

Granted

 

2,265,800

 

11.76

 

Vested

 

(4,200

)

17.78

 

Canceled

 

(97,733

)

12.73

 

Unvested at July 31, 2012

 

3,590,842

 

$

11.83

 

 

Schedule of stock-based compensation expenses related to all employee and non-employee stock-based awards

 

 

 

 

Three Months Ended
July 31,

 

Six Months Ended
July 31,

 

 

 

2011

 

2012

 

2011

 

2012

 

 

 

(unaudited)

 

(unaudited)

 

Stock-based compensation expenses:

 

 

 

 

 

 

 

 

 

Cost of revenue - Other

 

$

148

 

$

304

 

$

212

 

$

567

 

Product development

 

413

 

1,185

 

590

 

2,171

 

Marketing and sales

 

1,079

 

2,738

 

1,502

 

5,668

 

General and administrative

 

488

 

1,810

 

760

 

3,131

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total stock-based compensation, recorded in costs and expenses

 

$

2,128

 

$

6,037

 

$

3,064

 

$

11,537