v3.23.2
Leases (Tables)
6 Months Ended
Jul. 31, 2023
Leases [Abstract]  
Components of Lease Expense
The components of operating lease expense were as follows (in thousands):
Three Months Ended July 31, Six Months Ended July 31,
2023202220232022
Operating lease cost$26,620 $24,773 $55,080 $48,417 
Short-term lease cost740 922 1,642 2,147 
Variable lease cost10,850 10,410 21,998 20,183 
Total operating lease cost$38,210 $36,105 $78,720 $70,747 
Information Related to Right-of-Use Assets and Lease Liabilities
Supplemental cash flow information related to our operating leases was as follows (in thousands):
Three Months Ended July 31, Six Months Ended July 31,
2023202220232022
Cash paid for operating lease liabilities$25,399$19,538$53,809$45,196
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities31,52957,89963,75586,480
Other information related to our operating leases was as follows:
July 31, 2023January 31, 2023
Weighted average remaining lease term (in years)55
Weighted average discount rate3.25 %2.79 %
Maturities of Operating Lease Liabilities
As of July 31, 2023, maturities of operating lease liabilities were as follows (in thousands):
Fiscal Period:
Remainder of 2024$54,890 
202592,565 
202660,337 
202741,822 
202833,017 
Thereafter41,034 
Total lease payments323,665 
Less imputed interest(32,717)
Total operating lease liabilities$290,948