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Leases (Tables)
6 Months Ended
Jul. 31, 2022
Leases [Abstract]  
Summary of Components of Lease Cost

The components of lease cost, which were included in operating expenses in our condensed consolidated statements of operations, were as follows (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

July 31,

 

 

July 31,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Finance lease cost:

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of finance lease right-of-use assets

 

$

11,502

 

 

$

13,068

 

 

$

23,463

 

 

$

26,150

 

Interest on finance lease liabilities

 

 

547

 

 

 

1,044

 

 

 

1,213

 

 

 

2,215

 

Operating lease cost, gross

 

 

12,542

 

 

 

13,742

 

 

 

25,131

 

 

 

27,522

 

Variable lease cost, gross

 

 

2,009

 

 

 

2,076

 

 

 

4,001

 

 

 

4,378

 

Sublease income

 

 

(2,317

)

 

 

(3,027

)

 

 

(4,573

)

 

 

(6,221

)

Total lease cost (1)

 

$

24,283

 

 

$

26,903

 

 

$

49,235

 

 

$

54,044

 

 

Summary of Maturities of Operating and Finance Lease Liabilities

As of July 31, 2022, maturities of our operating and finance lease liabilities, which do not include short-term leases and variable lease payments, are as follows (in thousands):

 

Years ending January 31:

 

Operating Leases (1)

 

 

Finance Leases

 

2023

 

$

27,479

 

 

$

24,451

 

2024

 

 

54,232

 

 

 

19,829

 

2025

 

 

36,135

 

 

 

1,574

 

2026

 

 

31,589

 

 

 

 

2027

 

 

30,251

 

 

 

 

Thereafter

 

 

35,972

 

 

 

 

Total lease payments

 

$

215,658

 

 

$

45,854

 

Less: imputed interest

 

$

(25,436

)

 

$

(1,352

)

Present value of total lease liabilities

 

$

190,222

 

 

$

44,502

 

 

(1) Non-cancellable sublease proceeds for the remainder of the fiscal year ending January 31, 2023 and the fiscal years ending January 31, 2024 and 2025 of $3.5 million, $4.5 million, and $4.2 million, respectively, are not included in the table above.