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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
 3 Months Ended
Apr. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Values of Derivative Financial Instruments
The fair values of our derivative financial instruments and their classifications in our condensed consolidated balance sheets as of April 30, 2024 and January 31, 2024 were as follows:
Fair Value at
April 30,January 31,
(in thousands) Balance Sheet Classification20242024
Derivative assets:
Foreign currency forward contracts:
   Designated as cash flow hedgesPrepaid expenses and other current assets$23 $183 
      Total derivative assets$23 $183 
Derivative liabilities:
Foreign currency forward contracts:
   Designated as cash flow hedgesAccrued expenses and other current liabilities$117 $11 
      Total derivative liabilities$117 $11 
Schedule of the Effects of Derivative Financial Instruments Designated as Cash Flow Hedging Instruments
The effects of derivative financial instruments designated as cash flow hedges on accumulated other comprehensive loss (“AOCL”) and on the condensed consolidated statement of operations for the three months ended April 30, 2024 and 2023 were as follows:

Three Months Ended
April 30,
(in thousands) 20242023
Net losses recognized in AOCL:
Foreign currency forward contracts$(233)$(350)
Net gains (losses) reclassified from AOCL to the condensed consolidated statements of operations:
Foreign currency forward contracts$33 $(227)