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Leases (Tables)
9 Months Ended
Oct. 31, 2024
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

 

 

Nine Months Ended

 

 

 

October 31,

 

 

October 31,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Finance lease cost:

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of finance lease right-of-use assets

 

$

 

 

$

8,528

 

 

$

374

 

 

$

20,342

 

Interest on finance lease liabilities

 

 

 

 

 

102

 

 

 

12

 

 

 

729

 

Operating lease cost, gross

 

 

6,414

 

 

 

12,257

 

 

 

23,158

 

 

 

37,650

 

Variable lease cost, gross

 

 

1,867

 

 

 

2,228

 

 

 

5,347

 

 

 

6,883

 

Sublease income

 

 

(1,427

)

 

 

(1,673

)

 

 

(4,362

)

 

 

(5,044

)

Total lease cost

 

$

6,854

 

 

$

21,442

 

 

$

24,529

 

 

$

60,560

 

 

 

Summary of Maturities of Operating and Finance Lease Liabilities

As of October 31, 2024, maturities of our operating 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)

 

2025

 

$

8,004

 

2026

 

 

30,392

 

2027

 

 

28,842

 

2028

 

 

25,193

 

2029

 

 

12,101

 

Thereafter

 

 

10,933

 

Total lease payments

 

$

115,465

 

Less: imputed interest

 

$

(13,883

)

Present value of total lease liabilities

 

$

101,582

 

 

(1)
Non-cancellable sublease proceeds for the remainder of the year ending January 31, 2025 and the years ending January 31, 2026, 2027, 2028 and 2029 of $0.9 million, $2.6 million, $2.2 million, $2.2 million, and $0.6 million, respectively, are not included in the table above.