Leases (Tables)

9 Months Ended

Oct. 31, 2024

The components of lease expense recorded in the condensed consolidated statements of operations were as follows (in thousands):


	Three Months Ended October 31,				Nine Months Ended October 31,
	2024		2023		2024		2023
Operating lease cost	$	3,048	$	4,234	$	9,567	$	12,163
Finance lease cost:
Amortization of assets	55		18		164		18
Interest on lease liabilities	13		6		43		6
Short-term lease cost	193		97		488		418
Variable lease cost	671		903		2,045		2,576
Sublease income	(912)		(573)		(2,451)		(1,667)
Total lease costs	$	3,068	$	4,685	$	9,856	$	13,514

Other information related to leases was as follows (dollars in thousands):


	Nine Months Ended October 31,
	2024		2023
Supplemental cash flow information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	12,524	$	14,507
Operating cash flows from finance leases	43		6
Financing cash flows from finance leases	141		—
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases	558		1,684
Finance leases	—		693
Right-of-use asset reductions related to operating leases	2,832		4,451
Weighted-average remaining lease term (in years)
Operating leases	3.4		4.1
Finance leases	1.9		2.9
Weighted-average discount rate
Operating leases	5.4%		5.5%
Finance leases	9.9%		9.9%

As of October 31, 2024, remaining maturities of lease liabilities were as follows (in thousands):

As of October 31, 2024, remaining maturities of lease liabilities were as follows (in thousands):

As of October 31, 2024, the future total minimum sublease payments to be received were as follows (in thousands):