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Operating Leases (Tables)
6 Months Ended
Jul. 31, 2022
Leases [Abstract]  
Summary of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows (in thousands):

 

 

 

 

 

 

 

 

 

As of

 

 

 

 

 

 

 

 

July 31,
2022

 

January 31,
2022

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease right-of-use assets

 

 

 

 

 

 

 

$

14,663

 

$

14,396

Total leased assets

 

 

 

 

 

 

 

$

14,663

 

$

14,396

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Short-term operating lease liabilities

 

 

 

 

 

 

 

$

3,711

 

$

3,260

Long-term operating lease liabilities

 

 

 

 

 

 

 

 

11,076

 

 

11,194

Total lease liabilities

 

 

 

 

 

 

 

$

14,787

 

$

14,454

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average remaining lease term

 

 

 

 

 

 

 

 

5.1 years

 

 

5.8 years

Weighted-average discount rate

 

 

 

 

 

 

 

 

3.8%

 

 

3.7%

Summary of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

July 31,
2022

 

July 31,
2021

 

July 31,
2022

 

July 31,
2021

Cash payments for operating leases

 

$

825

 

$

983

 

$

1,647

 

$

1,964

Right-of-use assets recognized in exchange for new operating lease obligations

 

$

1,401

 

$

9,514

 

$

1,717

 

$

9,827

Summary of Maturities of Lease Liabilities Under Non-cancelable Operating Leases

As of July 31, 2022, maturities of lease liabilities under non-cancelable operating leases were as follows (in thousands):

Fiscal Years Ending January 31,

 

 

 

 

 

 

 

 

 

 

July 31, 2022

2023 remainder

 

 

 

 

 

 

 

 

 

 

$

1,791

2024

 

 

 

 

 

 

 

 

 

 

 

3,684

2025

 

 

 

 

 

 

 

 

 

 

 

3,650

2026

 

 

 

 

 

 

 

 

 

 

 

1,940

2027

 

 

 

 

 

 

 

 

 

 

 

1,684

Thereafter

 

 

 

 

 

 

 

 

 

 

 

3,555

Total future minimum lease payments

 

 

 

 

 

 

 

 

 

 

 

16,304

Less: imputed interest

 

 

 

 

 

 

 

 

 

 

 

(1,517)

Present value of lease liabilities

 

 

 

 

 

 

 

 

 

 

$

14,787