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Derivative Instruments (Tables)
6 Months Ended
Jul. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Outstanding Foreign Currency Forward Contracts

The notional amounts of our outstanding foreign currency forward contracts were as follows (in thousands):

 

 

 

July 31,

 

 

January 31,

 

 

 

2025

 

 

2025

 

Forward contracts designated as cash flow hedges

 

$

113,197

 

 

$

34,082

 

Forward contracts not designated as cash flow hedges

 

 

70,153

 

 

 

67,551

 

Total

 

$

183,350

 

 

$

101,632

 

Schedule of Pre-tax Losses Associated with Foreign Currency Forward Contracts

Pre-tax losses associated with foreign currency forward contracts were as follows (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

July 31, 2025

 

 

July 31, 2025

 

Forward contracts designated as cash flow hedges

 

 

 

 

 

 

Gain recognized in other comprehensive income (loss), net

 

$

5,894

 

 

$

1,441

 

 

 

 

 

 

 

 

Forward contracts not designated as cash flow hedges

 

 

 

 

 

 

Gain (loss) recognized in net income

 

 

491

 

 

 

(4,549

)

Total gain (loss)

 

$

6,385

 

 

$

(3,108

)