Balance Sheet Components

9 Months Ended

Oct. 31, 2022

Balance Sheet Related Disclosures [Abstract]

Note 4. Balance Sheet Components

Property and Equipment, Net

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


	October 31,			January 31,
	2022			2022
Data center equipment	$	347,032		$	353,787
Leasehold improvements		78,887			75,981
Computer-related equipment and software		22,164			20,935
Furniture and fixtures		15,212			14,421
Construction in progress		1,117			6,324
Total property and equipment		464,412			471,448
Less: accumulated depreciation		(396,657	)		(365,693	)
Total property and equipment, net	$	67,755		$	105,755

As of October 31, 2022, the gross carrying amount of property and equipment included $253.1 million of data center equipment acquired under finance leases, and the accumulated depreciation of property and equipment acquired under these finance leases was $222.7 million. As of January 31, 2022, the gross carrying amount of property and equipment included $258.8 million of data center 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 $13.3 million and $16.3 million for the three months ended October 31, 2022 and 2021, respectively, and $42.1 million and $48.7 million for the nine months ended October 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):


	October 31,			January 31,
	2022			2022
Operating lease right-of-use assets	$	288,235		$	290,808
Less: accumulated amortization		(146,088	)		(118,000	)
Operating lease right-of-use assets, net	$	142,147		$	172,808