v3.22.2.2
Leases
 9 Months Ended
Oct. 31, 2022
Leases [Abstract]  
Leases
Note 12. Leases
We have non-cancelable operating leases for our offices located in the U.S. and abroad. As of October 31, 2022, these leases expire on various dates between 2023 and 2030. Certain lease agreements include one or more options to renew, with renewal terms that can extend the lease up to seven years. We have the right to exercise or forego the lease renewal options. The lease agreements do not contain any material residual value guarantees or material restrictive covenants.
The components of our long-term operating leases and related operating lease cost were as follows (in thousands):
October 31, 2022January 31, 2022
Operating lease right-of-use assets$27,583 $32,643 
Operating lease liabilities, current portion$9,636 $11,462 
Operating lease liabilities, net of current portion40,103 45,633 
Total operating lease liabilities$49,739 $57,095 
Three Months Ended October 31,Nine Months Ended October 31,
2022202120222021
Operating lease cost1
$2,337 $3,156 $7,589 $9,529 
(1) Includes costs related to our short-term operating leases as follows (in thousands):    
Three Months Ended October 31,Nine Months Ended October 31,
2022202120222021
Short-term operating lease costs$118 $98 $317 $294 
The future maturities of long-term operating lease liabilities for each fiscal year were as follows (in thousands):
Maturities of Operating Lease Liabilities
2023 (remainder of the year)$3,275 
202411,171 
20256,872 
20266,490 
20276,702 
Thereafter24,210 
   Total lease payments58,720 
Less imputed interest(8,981)
   Present value of lease liabilities$49,739 
Other supplemental information related to our long-term operating leases includes the following (dollars in thousands):
October 31, 2022January 31, 2022
Weighted-average remaining operating lease term6.7 years7.0 years
Weighted-average operating lease discount rate4.7 %4.6 %
Three Months Ended October 31,Nine Months Ended October 31,
2022202120222021
Supplemental Cash Flow Information
Cash paid for amounts included in the measurement of lease liabilities:
Cash paid for operating leases$2,639 $3,403 $9,461 $10,267 
New right-of-use assets obtained in exchange for lease liabilities:
Operating leases obtained$799 $703 $799 $4,626