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Convertible Senior Notes (Tables)

9 Months Ended

Oct. 31, 2024

The following table presents the details of each series of Notes:


	Initial Conversion Rate per $1,000 principal	Initial Conversion Price		Initial number of shares (in thousands)

2027 Notes	6.3492	$	157.50	7,302
2029 Notes	6.3492	$	157.50	7,302

The following table presents the net carrying values and fair values of each series of Notes as of October 31, 2024 (in thousands):


	Principal		Unamortized Debt Issuance Costs		Net Carrying Value		Fair Value
							Amount		Leveling

2027 Notes	$	1,150,000	$	15,184	$	1,134,816	$	1,181,510	Level 2
2029 Notes	$	1,150,000	$	15,357	$	1,134,643	$	1,170,206	Level 2

Other Key Terms and Premiums Paid for Capped Calls

The following table sets forth other key terms and premiums paid for the Capped Calls related to each series of Notes (in thousands, except per share data):


	Capped Calls Entered into in Connection with the Offering of the 2027 Notes		Capped Calls Entered into in Connection with the Offering of the 2029 Notes

Initial number of shares covered, subject to certain adjustments	7,302		7,302
Initial strike price, subject to certain adjustments	$	157.50	$	157.50
Initial cap price, subject to certain adjustments	$	225.00	$	225.00
Total premium paid	$	94,300	$	101,200

- Definition

Tabular disclosure of the freestanding option contracts issued by an entity that are indexed to, and potentially settled in, an entity's own stock. Includes disclosure on the strike price and the number of shares to which the contract is indexed, the settlement date or dates of the contract, and the issuer's accounting for the contract. If the terms of the contract provide settlement alternatives, those settlement alternatives are disclosed, including who controls the settlement alternatives, and the maximum number of shares that could be required to be issued, to net share settle the contract, if applicable. If a contract does not have a fixed or determinable maximum number of shares that could be required to be issued, the fact that a potentially infinite number of shares that may be required to be issued to settle the contract is disclosed. Disclosure also includes the contract's current fair value for each settlement alternative and how changes in the price of the issuer's equity instruments affect those settlement amounts.

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