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Leases
9 Months Ended
Oct. 31, 2024
Leases [Abstract]  
Leases Leases
The Company has entered into non-cancelable operating and finance lease agreements, principally real estate for office space globally. The Company may receive renewal or expansion options, leasehold improvement allowances or other incentives on certain lease agreements. Lease terms range from one to 12 years and may include renewal options, which the company deems reasonably certain to be renewed. The exercise of the lease renewal option is at the Company's discretion.
Lease Costs
The components of the Company’s lease costs included in its interim condensed consolidated statements of operations were as follows (in thousands):
Three Months Ended October 31,Nine Months Ended October 31,
2024202320242023
Finance lease cost:
Amortization of finance lease right-of-use assets$994 $994 $2,981 $2,981 
Interest on finance lease liabilities556 638 1,733 1,972 
Operating lease cost3,716 2,919 9,873 8,680 
Short-term lease cost1,222 1,453 4,254 4,040 
Total lease cost$6,488 $6,004 $18,841 $17,673 
Balance Sheet Components
The balances of the Company’s finance and operating leases were recorded on the condensed consolidated balance sheets as follows (in thousands):
October 31, 2024January 31, 2024
Finance Lease:
Property and equipment, net$20,534 $23,514 
Other accrued liabilities, current6,719 6,179 
Other liabilities, non-current32,437 37,511 
Operating Leases:
Operating lease right-of-use assets$35,859 $37,365 
Operating lease liabilities, current10,787 9,797 
Operating lease liabilities, non-current27,639 30,918 
Maturities of Lease Liabilities
Future minimum lease payments under non-cancelable finance and operating leases on an annual undiscounted cash flow basis as of October 31, 2024 were as follows (in thousands):
Year Ending January 31,
Finance Lease
Operating Leases
Remainder of 2025$2,178 $2,585 
20268,711 12,355 
20278,711 8,444 
20288,711 6,209 
20298,711 5,499 
Thereafter
7,985 8,030 
Total minimum payments
45,007 43,122 
Less imputed interest
(5,851)(4,696)
Present value of future minimum lease payments
39,156 38,426 
Less current obligations under leases
(6,719)(10,787)
Non-current lease obligations
$32,437 $27,639 
Leases Leases
The Company has entered into non-cancelable operating and finance lease agreements, principally real estate for office space globally. The Company may receive renewal or expansion options, leasehold improvement allowances or other incentives on certain lease agreements. Lease terms range from one to 12 years and may include renewal options, which the company deems reasonably certain to be renewed. The exercise of the lease renewal option is at the Company's discretion.
Lease Costs
The components of the Company’s lease costs included in its interim condensed consolidated statements of operations were as follows (in thousands):
Three Months Ended October 31,Nine Months Ended October 31,
2024202320242023
Finance lease cost:
Amortization of finance lease right-of-use assets$994 $994 $2,981 $2,981 
Interest on finance lease liabilities556 638 1,733 1,972 
Operating lease cost3,716 2,919 9,873 8,680 
Short-term lease cost1,222 1,453 4,254 4,040 
Total lease cost$6,488 $6,004 $18,841 $17,673 
Balance Sheet Components
The balances of the Company’s finance and operating leases were recorded on the condensed consolidated balance sheets as follows (in thousands):
October 31, 2024January 31, 2024
Finance Lease:
Property and equipment, net$20,534 $23,514 
Other accrued liabilities, current6,719 6,179 
Other liabilities, non-current32,437 37,511 
Operating Leases:
Operating lease right-of-use assets$35,859 $37,365 
Operating lease liabilities, current10,787 9,797 
Operating lease liabilities, non-current27,639 30,918 
Maturities of Lease Liabilities
Future minimum lease payments under non-cancelable finance and operating leases on an annual undiscounted cash flow basis as of October 31, 2024 were as follows (in thousands):
Year Ending January 31,
Finance Lease
Operating Leases
Remainder of 2025$2,178 $2,585 
20268,711 12,355 
20278,711 8,444 
20288,711 6,209 
20298,711 5,499 
Thereafter
7,985 8,030 
Total minimum payments
45,007 43,122 
Less imputed interest
(5,851)(4,696)
Present value of future minimum lease payments
39,156 38,426 
Less current obligations under leases
(6,719)(10,787)
Non-current lease obligations
$32,437 $27,639