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Supplemental financial statement information
 6 Months Ended
Jul. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Supplemental financial statement information Supplemental financial statement information
Selected condensed consolidated balance sheet and condensed consolidated statement of operations and comprehensive income components consist of the following:
Property and equipment
Property and equipment consisted of the following as of July 31, 2019 and January 31, 2019:
(in thousands)
 
July 31, 2019

 
January 31, 2019

Leasehold improvements
 
$
4,288

 
$
3,583

Furniture and fixtures
 
5,201

 
4,476

Computer equipment
 
11,279

 
9,242

Property and equipment, gross
 
20,768

 
17,301

Accumulated depreciation
 
(10,895
)
 
(9,078
)
Property and equipment, net
 
$
9,873

 
$
8,223


Depreciation expense for the three months ended July 31, 2019 and 2018 was $1.0 million and $0.8 million, respectively, and $1.8 million and $1.7 million for the six months ended July 31, 2019 and 2018, respectively.
Investments
Investments consisted of the following equity investments as of July 31, 2019 and January 31, 2019:
(in thousands)
 
July 31, 2019

 
January 31, 2019

Marketable equity securities, at fair value
 
$
81,130

 
$
—

Non-marketable equity securities
 
500

 
500

Equity method investments
 
209

 
209

Total equity investments
 
$
81,839

 
$
709


Unrealized gain recognized during the six months ended July 31, 2019 for equity investments held as of July 31, 2019 was $27.3 million, which was attributable to an increase in fair value of WageWorks common stock. In connection with the closing of the Merger on August 30, 2019, the Company's investment in WageWorks common stock was canceled.
Other income (expense), net
Other income (expense), net, consisted of the following:
 
 
Three months ended July 31,
 
 
Six months ended July 31,
 
(in thousands)
 
2019

 
2018

 
2019

 
2018

Interest income, net
 
$
1,817

 
$
234

 
$
3,097

 
$
425

Unrealized gain on marketable equity securities
 
3,774

 
—

 
27,285

 
—

Acquisition costs
 
(6,596
)
 
(224
)
 
(7,780
)
 
(225
)
Other
 
(123
)
 
(85
)
 
(130
)
 
(276
)
Total other income (expense), net
 
$
(1,128
)
 
$
(75
)
 
$
22,472

 
$
(76
)