Commitment and Contingencies (Tables)

12 Months Ended

Jan. 31, 2024

Commitments and Contingencies Disclosure [Abstract]

The components of lease costs and other information related to leases were as follows (in thousands):


	Fiscal Year Ended January 31,
	2024		2023		2022

Operating lease costs	$	52,892	$	46,240	$	35,745
Variable lease costs	11,667		7,906		6,029
Sublease income	(11,943)		(12,782)		(12,722)
Total lease costs	$	52,616	$	41,364	$	29,052

Supplemental cash flow information and non-cash activity related to the Company’s operating leases were as follows (in thousands):


	Fiscal Year Ended January 31,
	2024		2023		2022

Cash payments (receipts) included in the measurement of operating lease liabilities—operating cash flows	$	40,498	$	42,342	$	38,249
Operating lease liabilities arising from obtaining right-of-use assets	$	56,037	$	72,158	$	28,314

Weighted-average remaining lease term and discount rate for the Company’s operating leases were as follows:


	January 31, 2024		January 31, 2023

Weighted-average remaining lease term (years)	7.5		8.2
Weighted-average discount rate	6.1	%	6.5	%

Schedule of Operating Leases and Subleases

The total remaining lease payments under non-cancelable operating leases and lease receipts for subleases as of January 31, 2024 were as follows (in thousands):


	Operating Leases		Subleases		Total
Fiscal Year Ending January 31,
2025	$	46,530	$	(7,709)	$	38,821
2026	47,944		(5,774)		42,170
2027	46,651		(5,960)		40,691
2028	45,132		(6,153)		38,979
2029	43,001		(6,351)		36,650
Thereafter	136,207		(3,235)		132,972
Total lease payments (receipts)	$	365,465	$	(35,182)	$	330,283
Less: imputed interest	(77,484)
Present value of operating lease liabilities	$	287,981

Schedule of Other Contractual Commitments

Future minimum payments under the Company’s non-cancelable purchase commitments with a remaining term in excess of one year as of January 31, 2024 are presented in the table below (in thousands):


	Amount
Fiscal Year Ending January 31,
2025	$	498,704
2026	528,063
2027	563,994
2028	656,162
2029	1,176,725		(1)(2)
Thereafter	—
Total	$	3,423,648

________________

(1)Includes $929.5 million of remaining non-cancelable contractual commitments as of January 31, 2024 related to one of the Company’s third-party cloud infrastructure agreements, under which the Company committed to spend an aggregate of at least $1.0 billion between June 2023 and May 2028 with no minimum purchase commitment during any year. The Company is required to pay the difference if it fails to meet the minimum purchase commitment by May 2028 and such payment can be applied to qualifying expenditures for cloud infrastructure services for up to twelve months after May 2028.

(2)Also includes $247.2 million of remaining non-cancelable contractual commitments as of January 31, 2024 related to another one of the Company’s third-party cloud infrastructure agreements, under which the Company committed to spend an aggregate of at least $250.0 million between January 2024 and December 2028 with no minimum purchase commitment during any year. The Company is required to pay the difference if it fails to meet the minimum purchase commitment by December 2028.