v3.25.1
SEGMENT INFORMATION (Tables)
 3 Months Ended
Apr. 30, 2025
Segment Reporting [Abstract]  
Schedule of Operating Results by Segment
The significant expense categories and consolidated net income details provided to the CODM for the three months ended April 30, 2025 and 2024 were as follows:
Three Months Ended
April 30,
(in thousands)20252024
Recurring revenue:
Bundled SaaS revenue$81,257 $65,695 
Unbundled SaaS revenue66,227 75,288 
Total SaaS revenue147,484 140,983 
Optional managed services revenue5,014 5,168 
Support revenue21,125 27,377 
Total recurring revenue173,623 173,528 
Nonrecurring perpetual revenue17,021 24,900 
Nonrecurring professional services and other revenue17,453 22,849 
Total revenue208,097 221,277 
Less:
Cost of recurring revenue42,108 35,923 
Cost of nonrecurring perpetual revenue7,248 8,774 
Cost of nonrecurring professional services and other revenue17,531 17,706 
Amortization of acquired technology2,308 1,358 
Total cost of revenue69,195 63,761 
Less:
Employee compensation and related expenses94,317 88,959 
Stock-based compensation expense15,146 16,939 
Amortization of other acquired intangible assets3,519 3,065 
Depreciation expense3,751 3,596 
Other segment items, net (1)17,097 20,512 
Interest expense2,499 2,591 
Interest income(1,463)(1,978)
Other expense (income), net(496)498 
Income tax expense2,605 7,955 
Net income$1,927 $15,379 

(1) Other segment items, net includes business applications and technology infrastructure expenses, contractor expenses, professional fees, sales, advertising, and marketing expenses, travel and entertainment, facility expenses, charges or benefits related to changes in the fair values of contingent consideration obligations associated with business combinations, write-offs of long-lived assets, and general overhead expenses, net of software development costs that are capitalized.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas
The information below summarizes revenue from unaffiliated customers by geographic area for the three months ended April 30, 2025 and 2024:
Three Months Ended
April 30,
(in thousands)20252024
Americas:
United States$138,218 $144,890 
Other5,392 16,369 
Total Americas143,610 161,259 
EMEA:
United Kingdom20,943 21,455 
Other22,112 17,864 
Total EMEA43,055 39,319 
APAC21,432 20,699 
Total revenue$208,097 $221,277 
Property and equipment, net by geographic area consisted of the following as of April 30, 2025 and January 31, 2025:
April 30,
January 31,
(in thousands)20252025
United States$29,783 $33,740 
United Kingdom8,732 6,415 
Israel
5,977 5,230 
Other countries 3,872 3,323 
Total property and equipment, net$48,364 $48,708