Balance Sheet Components

3 Months Ended

Apr. 30, 2023

Balance Sheet Related Disclosures [Abstract]

Note 4. Balance Sheet Components

Property and Equipment, Net

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


	April 30,			January 31,
	2023			2023
Data center equipment	$	340,746		$	353,519
Leasehold improvements		75,856			79,319
Computer-related equipment and software		21,238			21,436
Furniture and fixtures		14,668			15,301
Construction in progress		5,288			2,362
Total property and equipment		457,796			471,937
Less: accumulated depreciation		(394,280	)		(401,965	)
Total property and equipment, net	$	63,516		$	69,972

As of April 30, 2023, the gross carrying amount of property and equipment included $246.2 million of data center equipment acquired under finance leases and the accumulated depreciation of property and equipment acquired under these finance leases was $221.0 million. As of January 31, 2023, the gross carrying amount of property and equipment included $258.3 million of data center equipment acquired under finance leases and the accumulated depreciation of property and equipment acquired under these finance leases was $226.2 million.

Depreciation expense related to property and equipment was $9.3 million and $14.8 million for the three months ended April 30, 2023 and 2022, respectively.

Operating Lease Right-of-Use Assets, Net

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


	April 30,			January 31,
	2023			2023
Operating lease right-of-use assets	$	259,619		$	288,121
Less: accumulated amortization		(140,433	)		(156,949	)
Operating lease right-of-use assets, net	$	119,186		$	131,172