Leases

12 Months Ended

Jan. 31, 2020

Leases [Abstract]

Leases

Leases

We have operating and finance leases for corporate offices, data centers, and certain equipment. 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 fiscal year ended January 31, 2020 was immaterial.

For the fiscal year ended January 31, 2020, our operating lease expense was $7.9 million. Our finance lease expense was $1.3 million for the fiscal year ended January 31, 2020. For the fiscal year ended January 31, 2020, our short-term lease expense was $0.4 million.

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

	Year ended January 31, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows towards operating leases	$	7,657
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	23,546
Operating leases obtained through business combinations	$	14,550

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

	January 31, 2020
Operating Leases
Lease right-of-use-assets	$	49,132
Lease liabilities	$	8,960
Lease liabilities, noncurrent	44,453
Total operating lease liabilities	$	53,413
Finance Leases
Property and equipment, at cost	$	1,761
Accumulated depreciation	(1,320		)
Property and equipment, net	$	441
Lease liabilities	$	1,054
Lease liabilities, noncurrent	362
Total finance lease liabilities	$	1,416
Weighted Average Remaining Lease Term
Operating leases	7.1 years
Finance leases	1.3 years
Weighted Average Discount Rate
Operating leases	4.3		%
Finance leases	4.3		%

Maturities of lease liabilities as of January 31, 2020 were as follows (in thousands):

Period	Operating leases			Finance leases
Fiscal 2021	$	10,722		$	1,090
Fiscal 2022	10,215			364
Fiscal 2023	8,056			—
Fiscal 2024	7,311			—
Fiscal 2025	5,344			—
Thereafter	20,867			—
Total lease payments	62,515			1,454
Less imputed interest	(9,102		)	(38		)
Total	$	53,413		$	1,416

Future minimum lease payments under non-cancelable operating leases as of January 31, 2019 under ASC 840 were as follows (in thousands):

Period	Operating leases
Fiscal 2020	$	5,079
Fiscal 2021	4,843
Fiscal 2022	4,063
Fiscal 2023	2,534
Fiscal 2024	1,884
Thereafter	1,495
Total	$	19,898

As of January 31, 2020, we have additional operating leases, primarily for office leases, that have not yet commenced of $3.4 million. These operating leases will commence during the fiscal year ending January 31, 2021 with lease terms of less than one year to five years.

Leases

Leases

We have operating and finance leases for corporate offices, data centers, and certain equipment. 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 fiscal year ended January 31, 2020 was immaterial.

For the fiscal year ended January 31, 2020, our operating lease expense was $7.9 million. Our finance lease expense was $1.3 million for the fiscal year ended January 31, 2020. For the fiscal year ended January 31, 2020, our short-term lease expense was $0.4 million.

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

	Year ended January 31, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows towards operating leases	$	7,657
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	23,546
Operating leases obtained through business combinations	$	14,550

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

	January 31, 2020
Operating Leases
Lease right-of-use-assets	$	49,132
Lease liabilities	$	8,960
Lease liabilities, noncurrent	44,453
Total operating lease liabilities	$	53,413
Finance Leases
Property and equipment, at cost	$	1,761
Accumulated depreciation	(1,320		)
Property and equipment, net	$	441
Lease liabilities	$	1,054
Lease liabilities, noncurrent	362
Total finance lease liabilities	$	1,416
Weighted Average Remaining Lease Term
Operating leases	7.1 years
Finance leases	1.3 years
Weighted Average Discount Rate
Operating leases	4.3		%
Finance leases	4.3		%

Maturities of lease liabilities as of January 31, 2020 were as follows (in thousands):

Period	Operating leases			Finance leases
Fiscal 2021	$	10,722		$	1,090
Fiscal 2022	10,215			364
Fiscal 2023	8,056			—
Fiscal 2024	7,311			—
Fiscal 2025	5,344			—
Thereafter	20,867			—
Total lease payments	62,515			1,454
Less imputed interest	(9,102		)	(38		)
Total	$	53,413		$	1,416

Future minimum lease payments under non-cancelable operating leases as of January 31, 2019 under ASC 840 were as follows (in thousands):

Period	Operating leases
Fiscal 2020	$	5,079
Fiscal 2021	4,843
Fiscal 2022	4,063
Fiscal 2023	2,534
Fiscal 2024	1,884
Thereafter	1,495
Total	$	19,898

As of January 31, 2020, we have additional operating leases, primarily for office leases, that have not yet commenced of $3.4 million. These operating leases will commence during the fiscal year ending January 31, 2021 with lease terms of less than one year to five years.