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Leases (Tables)
3 Months Ended
Apr. 30, 2021
Leases [Abstract]  
Summary of Components of Lease Cost

The components of lease cost, which were included in operating expenses in our condensed consolidated statements of operations, were as follows (in thousands):

 

 

 

Three Months Ended

 

 

 

April 30,

 

 

 

2021

 

 

2020

 

Finance lease cost:

 

 

 

 

 

 

 

 

Amortization of finance lease right-of-use assets

 

$

13,082

 

 

$

13,106

 

Interest on finance lease liabilities

 

 

1,171

 

 

 

1,526

 

Operating lease cost, gross

 

 

13,780

 

 

 

13,117

 

Variable lease cost, gross

 

 

2,302

 

 

 

2,724

 

Sublease income

 

 

(3,194

)

 

 

(2,808

)

Total lease cost (1)

 

$

27,141

 

 

$

27,665

 

 

(1)

Short-term lease cost was not material for the periods presented and is not included in the table above.

Summary of Maturities of Operating and Finance Lease Liabilities

As of April 30, 2021, maturities of our operating and finance lease liabilities, which do not include short-term leases and variable lease payments, are as follows (in thousands):

 

Years ending January 31:

 

Operating Leases (1)

 

 

Finance Leases

 

Remainder of 2022

 

$

41,742

 

 

$

38,898

 

2023

 

 

49,593

 

 

 

42,041

 

2024

 

 

48,126

 

 

 

19,584

 

2025

 

 

32,476

 

 

 

1,573

 

2026

 

 

28,391

 

 

 

 

Thereafter

 

 

63,616

 

 

 

 

Total lease payments

 

$

263,944

 

 

$

102,096

 

Less: imputed interest

 

$

(37,715

)

 

$

(5,109

)

Present value of total lease liabilities

 

$

226,229

 

 

$

96,987

 

 

(1)

Non-cancellable sublease proceeds for the remainder of the fiscal year ending January 31, 2022 and the fiscal years ending January 31, 2023, 2024, and 2025 of $6.6 million, $8.8 million, $2.3 million, and $2.1 million, respectively, are not included in the table above.