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Balance Sheet Components
6 Months Ended
Jul. 31, 2022
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Components

Note 4. Balance Sheet Components

Property and Equipment, Net

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

 

 

 

July 31,

 

 

January 31,

 

 

 

2022

 

 

2022

 

Servers and related equipment

 

$

354,542

 

 

$

353,787

 

Leasehold improvements

 

 

78,984

 

 

 

75,981

 

Computer hardware

 

 

21,293

 

 

 

20,935

 

Furniture and fixtures

 

 

15,228

 

 

 

14,421

 

Construction in progress

 

 

575

 

 

 

6,324

 

Total property and equipment

 

 

470,622

 

 

 

471,448

 

Less: accumulated depreciation

 

 

(392,064

)

 

 

(365,693

)

Total property and equipment, net

 

$

78,558

 

 

$

105,755

 

 

As of July 31, 2022, the gross carrying amount of property and equipment included $259.5 million of servers and related equipment acquired under finance leases, and the accumulated depreciation of property and equipment acquired under these finance leases was $219.1 million. 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.

Depreciation expense related to property and equipment was $14.0 million and $16.1 million for the three months ended July 31, 2022 and 2021, respectively, and $28.8 million and $32.4 million for the six months ended July 31, 2022 and 2021, respectively.

Operating Lease Right-of-Use Assets, Net

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

 

 

 

July 31,

 

 

January 31,

 

 

 

2022

 

 

2022

 

Operating lease right-of-use assets

 

$

290,210

 

 

$

290,808

 

Less: accumulated amortization

 

 

(136,606

)

 

 

(118,000

)

Operating lease right-of-use assets, net

 

$

153,604

 

 

$

172,808