Leases (Tables)

3 Months Ended

Apr. 30, 2025

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,
		2025		2024
Finance lease cost:
Amortization of finance lease right-of-use assets		$	993	$	993
Interest on finance lease liabilities		510		599
Operating lease cost		3,246		3,023
Short-term lease cost		1,088		1,516
Variable lease cost		908		1,072
Total lease cost		$	6,745	$	7,203

Assets And Liabilities, Lessee

The balances of the Company’s finance and operating leases were recorded on the condensed consolidated balance sheets as follows (in thousands):


	April 30, 2025		January 31, 2025
Finance Lease:
Property and equipment, net	$	18,547	$	19,540
Other accrued liabilities, current	6,184		6,814
Other liabilities, non-current	28,933		30,697
Operating Leases:
Operating lease right-of-use assets	$	33,702	$	34,607
Operating lease liabilities, current	8,914		9,126
Operating lease liabilities, non-current	28,086		27,374

Finance Lease, Liability, Maturity

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
2027	8,711		9,885
2028	8,711		7,674
2029	8,711		6,619
2030	7,985		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

Lessee, Operating Lease, Liability, Maturity

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
2027	8,711		9,885
2028	8,711		7,674
2029	8,711		6,619
2030	7,985		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