Leases

3 Months Ended

Apr. 30, 2022

Leases [Abstract]

Leases

Leases

We have operating leases for our corporate offices. Our leases have various expiration dates through 2030, some of which include options to extend the leases for up to nine years. Additionally, we are the sublessor for certain office space. Our sublease income for the three months ended April 30, 2022 and 2021 was immaterial.

For each of the three months ended April 30, 2022 and 2021, our operating lease expense was $3 million.

Supplemental cash flow information related to leases was as follows (in thousands):

	Three months ended April 30,
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,566	$	3,303
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	1,599		243

Supplemental balance sheet information related to leases was as follows (in thousands, except lease term and discount rate):

	April 30, 2022			January 31, 2022
Operating Leases
Lease right-of-use assets	$	48,887		$	49,640
Lease liabilities	$	11,606		$	10,981
Lease liabilities, noncurrent	42,462			43,607
Total operating lease liabilities	$	54,068		$	54,588
Weighted Average Remaining Lease Term	6.0 years			6.0 years
Weighted Average Discount Rate	3.7		%	3.7		%

As of April 30, 2022, remaining maturities of operating lease liabilities are as follows (in thousands):

Fiscal Year
Remaining for 2023	$	10,013
2024	12,346
2025	9,138
2026	7,360
2027	6,475
Thereafter	15,010
Total lease payments	60,342
Less imputed interest	(6,274)
Total	$	54,068

Leases

Leases

We have operating leases for our corporate offices. Our leases have various expiration dates through 2030, some of which include options to extend the leases for up to nine years. Additionally, we are the sublessor for certain office space. Our sublease income for the three months ended April 30, 2022 and 2021 was immaterial.

For each of the three months ended April 30, 2022 and 2021, our operating lease expense was $3 million.

Supplemental cash flow information related to leases was as follows (in thousands):

	Three months ended April 30,
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,566	$	3,303
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	1,599		243

Supplemental balance sheet information related to leases was as follows (in thousands, except lease term and discount rate):

	April 30, 2022			January 31, 2022
Operating Leases
Lease right-of-use assets	$	48,887		$	49,640
Lease liabilities	$	11,606		$	10,981
Lease liabilities, noncurrent	42,462			43,607
Total operating lease liabilities	$	54,068		$	54,588
Weighted Average Remaining Lease Term	6.0 years			6.0 years
Weighted Average Discount Rate	3.7		%	3.7		%

As of April 30, 2022, remaining maturities of operating lease liabilities are as follows (in thousands):

Fiscal Year
Remaining for 2023	$	10,013
2024	12,346
2025	9,138
2026	7,360
2027	6,475
Thereafter	15,010
Total lease payments	60,342
Less imputed interest	(6,274)
Total	$	54,068