Leases (Tables)

3 Months Ended

Apr. 30, 2023

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


	Three Months Ended April 30,
		2023		2022
Finance lease cost:
Amortization of finance lease right-of-use assets		$	994	$	994
Interest on finance lease liabilities		676		750
Operating lease cost		2,658		2,564
Short-term lease cost		1,363		537
Total lease cost		$	5,691	$	4,845

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,
		2023			2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance lease		$	676		$	750
Operating cash flows from operating leases		2,983			2,722
Financing cash flows from finance lease		1,342			595
Right-of-use assets obtained in exchange for lease obligations:
Operating leases		$	1,177		$	5,744
Weighted-average remaining lease term as of period end (in years):
Finance lease		6.7			7.7
Operating leases		5.9			6.6
Weighted-average discount rate:
Finance lease		5.6		%	5.6		%
Operating leases		5.6		%	5.0		%

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, 2023		January 31, 2023
Finance Lease:
Property and equipment, net	$	26,495	$	27,489
Other accrued liabilities, current	5,561		5,483
Other liabilities, non-current	42,270		43,690
Operating Leases:
Operating lease right-of-use assets	$	40,072	$	41,194
Operating lease liabilities, current	8,605		8,686
Operating lease liabilities, non-current	35,611		36,264

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, 2023 were as follows (in thousands):


Year Ending January 31,	Finance Lease		Operating Leases
Remainder of 2024	$	6,055	$	8,997
2025	8,445		10,708
2026	8,711		8,707
2027	8,711		6,356
2028	8,711		4,857
Thereafter	16,696		12,550
Total minimum payments	57,329		52,175
Less imputed interest	(9,498)		(7,959)
Present value of future minimum lease payments	47,831		44,216
Less current obligations under leases	(5,561)		(8,605)
Non-current lease obligations	$	42,270	$	35,611

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, 2023 were as follows (in thousands):


Year Ending January 31,	Finance Lease		Operating Leases
Remainder of 2024	$	6,055	$	8,997
2025	8,445		10,708
2026	8,711		8,707
2027	8,711		6,356
2028	8,711		4,857
Thereafter	16,696		12,550
Total minimum payments	57,329		52,175
Less imputed interest	(9,498)		(7,959)
Present value of future minimum lease payments	47,831		44,216
Less current obligations under leases	(5,561)		(8,605)
Non-current lease obligations	$	42,270	$	35,611