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Leases (Tables)
3 Months Ended
Apr. 30, 2022
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 April 30,
20222021
Finance lease cost:
Amortization of finance lease right-of-use assets$994 $994 
Interest on finance lease liabilities750 819 
Operating lease cost2,564 1,907 
Short-term lease cost537 66 
Total lease cost$4,845 $3,786 
The following table presents supplemental information related to the Company’s finance and operating leases (in thousands, except weighted-average information):
Three Months Ended April 30,
20222021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance lease$750 $819 
Operating cash flows from operating leases2,722 1,506 
Financing cash flows from finance lease595 1,199 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$5,744 $11,924 
Weighted-average remaining lease term (in years):
Finance lease7.78.7
Operating leases6.67.9
Weighted-average discount rate:
Finance lease5.6 %5.6 %
Operating leases5.0 %4.3 %
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):
April 30, 2022January 31, 2022
Finance Lease:
Property and equipment, net$30,469 $31,463 
Other accrued liabilities (current)5,257 4,511 
Other liabilities, non-current47,830 49,173 
Operating Leases:
Operating lease right-of-use assets$45,248 $41,745 
Operating lease liabilities (current)8,671 8,084 
Operating lease liabilities, non-current40,279 38,707 
Finance Lease, Liability, Maturity
Future minimum lease payments under non-cancelable finance and operating leases on an annual undiscounted cash flow basis as of April 30, 2022 were as follows (in thousands):
Year Ending January 31,
Finance Lease
Operating Leases
Remainder of 2023$6,055 $8,089 
20248,073 10,364 
20258,445 8,670 
20268,711 7,273 
20278,711 6,155 
Thereafter
25,407 16,880 
Total minimum payments
65,402 57,431 
Less imputed interest
(12,315)(8,481)
Present value of future minimum lease payments
53,087 48,950 
Less current obligations under leases
(5,257)(8,671)
Non-current lease obligations
$47,830 $40,279 
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 April 30, 2022 were as follows (in thousands):
Year Ending January 31,
Finance Lease
Operating Leases
Remainder of 2023$6,055 $8,089 
20248,073 10,364 
20258,445 8,670 
20268,711 7,273 
20278,711 6,155 
Thereafter
25,407 16,880 
Total minimum payments
65,402 57,431 
Less imputed interest
(12,315)(8,481)
Present value of future minimum lease payments
53,087 48,950 
Less current obligations under leases
(5,257)(8,671)
Non-current lease obligations
$47,830 $40,279