v3.25.1
Leases
 3 Months Ended
Apr. 30, 2025
Leases [Abstract]  
Leases Leases
The Company has entered into non-cancelable operating and finance lease agreements, principally real estate for office space globally. The Company may receive renewal or expansion options, leasehold improvement allowances or other incentives on certain lease agreements. Lease terms range from one to 12 years and may include renewal options, which the Company deems reasonably certain to be renewed. The exercise of the lease renewal option is at the Company's discretion.
Lease Costs
The components of the Company’s lease costs included in its interim condensed consolidated statements of operations were as follows (in thousands):
Three Months Ended April 30,
20252024
Finance lease cost:
Amortization of finance lease right-of-use assets$993 $993 
Interest on finance lease liabilities510 599 
Operating lease cost3,246 3,023 
Short-term lease cost1,088 1,516 
Variable lease cost908 1,072 
Total lease cost$6,745 $7,203 
Balance Sheet Components
The balances of the Company’s finance and operating leases were recorded on the condensed consolidated balance sheets as follows (in thousands):
April 30, 2025January 31, 2025
Finance Lease:
Property and equipment, net$18,547 $19,540 
Other accrued liabilities, current6,184 6,814 
Other liabilities, non-current28,933 30,697 
Operating Leases:
Operating lease right-of-use assets$33,702 $34,607 
Operating lease liabilities, current8,914 9,126 
Operating lease liabilities, non-current28,086 27,374 
Maturities of Lease Liabilities
Future minimum lease payments under non-cancelable finance and operating leases on an annual undiscounted cash flow basis as of April 30, 2025 were as follows (in thousands):
Fiscal Period:
Finance Lease
Operating Leases
Remainder of 2026$5,807 $9,323 
20278,711 9,885 
20288,711 7,674 
20298,711 6,619 
20307,985 4,054 
Thereafter
— 5,205 
Total minimum payments
39,925 42,760 
Less imputed interest
(4,808)(5,760)
Present value of future minimum lease payments
35,117 37,000 
Less current obligations under leases
(6,184)(8,914)
Non-current lease obligations
$28,933 $28,086 
Leases Leases
The Company has entered into non-cancelable operating and finance lease agreements, principally real estate for office space globally. The Company may receive renewal or expansion options, leasehold improvement allowances or other incentives on certain lease agreements. Lease terms range from one to 12 years and may include renewal options, which the Company deems reasonably certain to be renewed. The exercise of the lease renewal option is at the Company's discretion.
Lease Costs
The components of the Company’s lease costs included in its interim condensed consolidated statements of operations were as follows (in thousands):
Three Months Ended April 30,
20252024
Finance lease cost:
Amortization of finance lease right-of-use assets$993 $993 
Interest on finance lease liabilities510 599 
Operating lease cost3,246 3,023 
Short-term lease cost1,088 1,516 
Variable lease cost908 1,072 
Total lease cost$6,745 $7,203 
Balance Sheet Components
The balances of the Company’s finance and operating leases were recorded on the condensed consolidated balance sheets as follows (in thousands):
April 30, 2025January 31, 2025
Finance Lease:
Property and equipment, net$18,547 $19,540 
Other accrued liabilities, current6,184 6,814 
Other liabilities, non-current28,933 30,697 
Operating Leases:
Operating lease right-of-use assets$33,702 $34,607 
Operating lease liabilities, current8,914 9,126 
Operating lease liabilities, non-current28,086 27,374 
Maturities of Lease Liabilities
Future minimum lease payments under non-cancelable finance and operating leases on an annual undiscounted cash flow basis as of April 30, 2025 were as follows (in thousands):
Fiscal Period:
Finance Lease
Operating Leases
Remainder of 2026$5,807 $9,323 
20278,711 9,885 
20288,711 7,674 
20298,711 6,619 
20307,985 4,054 
Thereafter
— 5,205 
Total minimum payments
39,925 42,760 
Less imputed interest
(4,808)(5,760)
Present value of future minimum lease payments
35,117 37,000 
Less current obligations under leases
(6,184)(8,914)
Non-current lease obligations
$28,933 $28,086