Leases

6 Months Ended

Jul. 31, 2020

Leases [Abstract]

Leases

7. Leases

The Company has entered into various operating leases for its worldwide office facilities. The operating lease expense was approximately $0.7 million and $0.7 million for the three months ended July 31, 2020 and 2019, respectively. The operating lease expense was approximately $1.4 million and $1.5 million for the six months ended July 31, 2020 and 2019, respectively. The Company's short-term leases and finance leases were not material as of July 31, 2020 and January 31, 2020, respectively.

Supplemental cash flow information related to leases is as follows:

	Three Months Ended		Six Months Ended
	July 31, 2020		July 31, 2020
	(in thousands)
Cash paid for operating leases included in operating cash flows	$	342	$	1,031
Supplemental non-cash information related to lease liabilities arising from obtaining right-of-use assets	$	88	$	176

As of July 31, 2020, the weighted average remaining lease term is 4.76 years, and the weighted average discount rate is 4.43 percent. Future minimum lease payments for the lease liabilities are as follows:

	As of
	July 31, 2020
Fiscal Year	(in thousands)
2021 (6 months remaining)	$	1,390
2022		2,419
2023		1,681
2024		1,699
2025		1,746
Thereafter		1,227
Total future annual minimum lease payments		10,162
Less: interest		(849	)
Total lease liabilities	$	9,313