Balance Sheet Components

12 Months Ended

Jan. 31, 2022

Balance Sheet Related Disclosures [Abstract]

Note 5. Balance Sheet Components

Allowance for Doubtful Accounts

Allowance for doubtful accounts, which is presented within accounts receivable, was $2.3 million and $2.7 million as of January 31, 2022 and 2021, respectively.

Property and Equipment, Net

Property and equipment, net consisted of the following (in thousands):


	January 31,
	2022			2021
Servers and related equipment	$	353,787		$	352,224
Leasehold improvements		75,981			80,558
Computer hardware		20,935			25,810
Furniture and fixtures		14,421			14,157
Construction in progress		6,324			11,422
Total property and equipment		471,448			484,171
Less: accumulated depreciation		(365,693	)		(324,023	)
Total property and equipment, net	$	105,755		$	160,148

As of January 31, 2022, the gross carrying amount of property and equipment included $258.8 million of servers and related equipment and construction in progress acquired under finance leases and the accumulated depreciation of property and equipment acquired under these finance leases was $196.6 million. As of January 31, 2021, the gross carrying amount of property and equipment included $263.1 million of servers and related equipment and construction in progress acquired under finance leases and the accumulated depreciation of property and equipment acquired under these finance leases was $152.5 million.

Depreciation expense related to property and equipment was $63.9 million, $68.1 million and $58.2 million for the fiscal years ended January 31, 2022, 2021 and 2020, respectively. Included in these amounts were depreciation expense for servers and related equipment acquired under finance leases in the amount of $51.9 million, $54.6 million and $43.4 million, for the same periods respectively.

Operating Lease Right-of-Use Assets, Net

Operating lease right-of-use assets, net consisted of the following (in thousands):


	January 31,
	2022			2021
Operating lease right-of-use assets	$	290,808		$	270,428
Less: accumulated amortization		(118,000	)		(76,175	)
Operating lease right-of-use assets, net	$	172,808		$	194,253

Other Long-term Assets

Other long-term assets consisted of the following (in thousands):


	January 31,
	2022		2021
Acquired intangible assets, net of amortization (1)	$	17,708	$	—
Internally developed software costs, net of amortization (2) (3)		15,576		16,071
On-premises software, net of amortization (4)		3,834		8,749
Other assets, non-current		12,414		7,954
Other long-term assets	$	49,532	$	32,774

(1)

Refer to Note 8 for amortization expense details related to acquired intangible assets.

(2)

Capitalized stock-based compensation expense, which is included in these amounts, was $2.8 million for the years ended January 31, 2022 and 2021.

(3)

The accumulated amortization related to internally developed software was $16.4 million and $7.8 million as of January 31, 2022 and 2021, respectively. Amortization expense was $8.6 million and $6.1 million for the years ending January 31, 2022 and 2021, respectively.

(4)

The accumulated amortization related to on-premises software was $7.0 million and $3.4 million as of January 31, 2022 and 2021, respectively. Amortization expense was $3.6 million and $3.4 million for the years ending January 31, 2022 and 2021, respectively.

We did not record any material impairment charges related to acquired intangible assets, internally developed software costs, and on-premises software during the periods presented.