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Leases
12 Months Ended
Jan. 31, 2025
Leases [Abstract]  
Leases LEASES
We have entered into real estate operating lease agreements with various expiration dates through 2029, some of which include options to extend the leases for up to seven years, and some of which include options to terminate the leases. Our lease terms include options to extend the lease if they are reasonably certain of being exercised. Our operating lease arrangements do not contain any restrictive covenants or residual value guarantees.
The following tables provide supplemental balance sheet information, supplemental cash flow information related to our operating leases for fiscal 2025, 2024, and 2023 as well as the weighted-average remaining lease term and weighted-average discount rate as of January 31, 2025 and 2024 (in thousands, except lease term and discount rate):
As of January 31,
Classification 20252024
Supplemental Balance Sheet Information
Operating lease ROU assets – non-currentOther assets$15,486 $18,474 
Operating lease liabilities – currentOther current liabilities$5,278 $4,689 
Operating lease liabilities – non-currentOther liabilities13,787 18,239 
Total operating lease liabilities$19,065 $22,928 
Year Ended January 31,
202520242023
Supplemental Cash Flow Information
Cash paid for amount included in the measurement of operating lease liabilities$5,858 $4,987 $5,266 
Operating lease ROU assets obtained in exchange for operating lease liabilities$1,091 $616 $3,224 
As of January 31,
20252024
Lease Term and Discount Rate
Weighted-average remaining lease term (years)3.524.53
Weighted-average discount rate4.3 %4.2 %
The components of lease costs, net of sublease income, consisted of the following (in thousands):
Year Ended January 31,
202520242023
Operating lease costs$4,719 $4,855 $4,905 
Short-term lease costs35 19 771 
Variable lease costs1,627 1,323 1,886 
Sublease income
(979)(941)(700)
Total lease costs$5,402 $5,256 $6,862 
The maturities of our operating lease liabilities as of January 31, 2025 were as follows (in thousands):
Fiscal Year Ending January 31,Amount
2026$5,992
20275,982
20285,717
20292,709
2030155
Thereafter
Total operating lease payments$20,555
Less: Imputed interest(1,490)
Present value of operating lease liabilities$19,065