Operating Leases

6 Months Ended

Jul. 31, 2022

Leases [Abstract]

Operating Leases

Operating Leases

Our operating leases consist of real estate and vehicles and have remaining lease terms of one year to 16 years. For purposes of calculating operating lease liabilities, lease terms may be deemed to include options to extend the lease when it is reasonably certain that we will exercise those options. Our operating lease arrangements do not contain any material restrictive covenants or residual value guarantees.

Lease costs are presented below (in thousands):

	Three Months Ended July 31,				Six Months Ended July 31,
	2022		2021		2022		2021
Operating lease cost	$	2,736	$	1,846	$	5,495	$	3,580
Short-term lease cost	1,535		931		3,043		1,856
Variable lease cost	316		149		523		274
Sublease income (1)	(533)		—		(1,065)		—
Total	$	4,054	$	2,926	$	7,996	$	5,710

(1) Included in other expense, net in the condensed consolidated statements of operations.

The following table represents the weighted-average remaining lease term and discount rate as of the periods presented:

	As of
	July 31, 2022		January 31, 2022
Weighted-average remaining lease term (years)	13.8		13.7
Weighted-average discount rate	6.0	%	6.5	%

Future undiscounted lease payments for our operating lease liabilities as of July 31, 2022 were as follows (in thousands):

	Amount
Remainder of year ending January 31, 2023 (1)	$	(709)
Year ending January 31,
2024	10,132
2025	8,154
2026	5,276
2027	4,044
Thereafter	48,123
Total operating lease payments	75,020
Less: imputed interest	(25,896)
Total operating lease liabilities	$	49,124
(1) Net of $4.1 million lease incentive expected to be received during fiscal 2023

As of July 31, 2022, we had non-cancellable commitments in the amount of $10.5 million related to operating leases of real estate facilities that have not yet commenced.

Current operating lease liabilities of $2.4 million and $1.6 million were included in accrued expenses and other current liabilities on our condensed consolidated balance sheets as of July 31, 2022 and January 31, 2022, respectively.

Supplemental cash flow information related to leases for the three and six months ended July 31, 2022 and 2021 was as follows (in thousands):

	Three Months Ended July 31,				Six Months Ended July 31,
	2022		2021		2022		2021
Cash paid for amounts included in the measurement of operating lease liabilities	$	1,493	$	1,897	$	3,557	$	3,851
Operating lease ROU assets obtained in exchange for new operating lease liabilities	$	2,120	$	880	$	2,890	$	1,590