Leases (Tables)

9 Months Ended

Oct. 31, 2021

Leases [Abstract]

Lease, Cost

The components of the Company’s lease costs included in its condensed consolidated statement of operations were as follows (in thousands):

	Three Months Ended October 31,				Nine Months Ended October 31,
	2021		2020		2021		2020
Finance lease cost:
Amortization of finance lease right-of-use assets	$	993	$	993	$	2,981	$	2,981
Interest on finance lease liabilities	785		852		2,406		2,604
Operating lease cost	2,313		2,335		6,481		6,189
Short-term lease cost	431		435		630		1,968
Total lease cost	$	4,522	$	4,615	$	12,498	$	13,742

The following table presents supplemental information related to the Company’s finance and operating leases (in thousands, except weighted-average information):

	Nine Months Ended October 31,
	2021			2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance lease	$	2,406		$	2,604
Operating cash flows from operating leases	5,909			4,146
Financing cash flows from finance lease	3,649			3,450
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	12,893		$	30,593
Weighted-average remaining lease term (in years):
Finance lease	8.2			9.2
Operating leases	7.4			7.9
Weighted-average discount rate:
Finance lease	5.6		%	5.6		%
Operating leases	4.3		%	4.6		%

Assets And Liabilities, Lessee

The balances of the Company’s finance and operating leases were recorded on the condensed consolidated balance sheet as follows (in thousands):

	October 31, 2021		January 31, 2021
Finance Lease:
Property and equipment, net	$	32,457	$	35,437
Other accrued liabilities (current)	5,111		4,900
Other liabilities, non-current	50,496		54,356
Operating Leases:
Operating lease right-of-use assets	$	42,291	$	34,587
Operating lease liabilities (current)	7,298		2,343
Operating lease liabilities, non-current	41,072		39,095

Finance Lease, Liability, Maturity

Future minimum lease payments under non-cancelable finance and operating leases on an annual undiscounted cash flow basis as of October 31, 2021 were as follows (in thousands):

Year Ending January 31,	Finance Lease		Operating Leases
Remainder of 2022	$	2,018	$	1,729
2023	8,073		10,050
2024	8,073		8,759
2025	8,445		7,557
2026	8,711		6,081
Thereafter	34,118		22,604
Total minimum payments	69,438		56,780
Less imputed interest	(13,831)		(8,410)
Present value of future minimum lease payments	55,607		48,370
Less current obligations under leases	(5,111)		(7,298)
Non-current lease obligations	$	50,496	$	41,072

Lessee, Operating Lease, Liability, Maturity

Future minimum lease payments under non-cancelable finance and operating leases on an annual undiscounted cash flow basis as of October 31, 2021 were as follows (in thousands):

Year Ending January 31,	Finance Lease		Operating Leases
Remainder of 2022	$	2,018	$	1,729
2023	8,073		10,050
2024	8,073		8,759
2025	8,445		7,557
2026	8,711		6,081
Thereafter	34,118		22,604
Total minimum payments	69,438		56,780
Less imputed interest	(13,831)		(8,410)
Present value of future minimum lease payments	55,607		48,370
Less current obligations under leases	(5,111)		(7,298)
Non-current lease obligations	$	50,496	$	41,072