Leases (Tables)

6 Months Ended

Jul. 31, 2021

Leases [Abstract]

Lease, Cost

The components of the Company’s lease costs included in its condensed consolidated statement of operations were as follows (in thousands):

	Three Months Ended July 31,				Six Months Ended July 31,
	2021		2020		2021		2020
Finance lease cost:
Amortization of finance lease right-of-use assets	$	994	$	994	$	1,988	$	1,988
Interest on finance lease liabilities	802		868		1,621		1,752
Operating lease cost	2,261		2,031		4,168		3,854
Short-term lease cost	133		740		199		1,533
Total lease cost	$	4,190	$	4,633	$	7,976	$	9,127

The following table presents supplemental information related to the Company’s finance and operating leases (in thousands, except weighted-average information):

	Six Months Ended July 31,
	2021			2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance lease	$	1,621		$	1,752
Operating cash flows from operating leases	3,626			2,696
Financing cash flows from finance lease	2,415			2,284
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	12,073		$	31,890
Weighted-average remaining lease term (in years):
Finance lease	8.4			9.4
Operating leases	7.7			8.1
Weighted-average discount rate:
Finance lease	5.6		%	5.6		%
Operating leases	4.3		%	4.7		%

Assets And Liabilities, Lessee

The balances of the Company’s finance and operating leases were recorded on the condensed consolidated balance sheet as follows (in thousands):

	July 31, 2021		January 31, 2021
Finance Lease:
Property and equipment, net	$	33,450	$	35,437
Other accrued liabilities (current)	4,366		4,900
Other liabilities, non-current	51,801		54,356
Operating Leases:
Operating lease right-of-use assets	$	43,248	$	34,587
Operating lease liabilities (current)	6,985		2,343
Operating lease liabilities, non-current	43,312		39,095

Finance Lease, Liability, Maturity

Future minimum lease payments under non-cancelable finance and operating leases on an annual undiscounted cash flow basis as of July 31, 2021 were as follows (in thousands):

Year Ending January 31,	Finance Lease		Operating Leases
Remainder of 2022	$	3,363	$	4,187
2023	8,073		9,577
2024	8,073		8,655
2025	8,445		7,617
2026	8,711		6,162
Thereafter	34,118		23,041
Total minimum payments	70,783		59,239
Less imputed interest	(14,616)		(8,942)
Present value of future minimum lease payments	56,167		50,297
Less current obligations under leases	(4,366)		(6,985)
Non-current lease obligations	$	51,801	$	43,312

Lessee, Operating Lease, Liability, Maturity

Future minimum lease payments under non-cancelable finance and operating leases on an annual undiscounted cash flow basis as of July 31, 2021 were as follows (in thousands):

Year Ending January 31,	Finance Lease		Operating Leases
Remainder of 2022	$	3,363	$	4,187
2023	8,073		9,577
2024	8,073		8,655
2025	8,445		7,617
2026	8,711		6,162
Thereafter	34,118		23,041
Total minimum payments	70,783		59,239
Less imputed interest	(14,616)		(8,942)
Present value of future minimum lease payments	56,167		50,297
Less current obligations under leases	(4,366)		(6,985)
Non-current lease obligations	$	51,801	$	43,312