XML 93 R18.htm IDEA: XBRL DOCUMENT
v3.20.1

Leases | 6 Months Ended
--- | ---
Apr. 30, 2020
Leases [Abstract] |
Leases | Leases The Company has operating lease arrangements for office space, data center, equipment and other corporate assets. These leases have various expiration dates through October 31, 2031, some of which include options to extend the leases for up to 10 years. Because the Company is not reasonably certain to exercise these renewal options, the options are not considered in determining the lease term and associated potential option payments are excluded from lease payments. The components of the Company's lease expense during the period presented are as follows:
| Three Months Ended April 30, |  | Six Months Ended April 30,
| 2020 |  | 2020
| (in thousands)
Operating lease expense | $ | 23,281 |  |  | $ | 46,482 |
Variable lease expense (1) | 1,050 |  |  | 1,992 |
Total lease expense | $ | 24,331 |  |  | $ | 48,474 |
(1) Variable lease expense includes payments to lessors that are not fixed or determinable at lease commencement date. These payments primarily consist of maintenance, property taxes, insurance and variable indexed based payments. Supplemental cash flow information during the period presented is as follows:
| Three Months Ended April 30, |  | Six Months Ended April 30,
| 2020 |  | 2020
| (in thousands)
Cash paid for amounts included in the measurement of operating lease liabilities | $ | 17,925 |  |  | $ | 34,129 |
ROU assets obtained in exchange for operating lease liabilities | $ | 25,008 |  |  | $ | 29,783 |
Lease term and discount rate information related to the Company's operating leases as of the end of the period presented are as follows:
| April 30, 2020
Weighted-average remaining lease term (in years) | 8.94 |
Weighted-average discount rate | 2.57 | %
The following represents the maturities of the Company's future lease payments due under operating leases as of April 30, 2020:
| Lease Payments
Fiscal year | (in thousands)
Remainder of fiscal 2020 | $ | 43,314 |
2021 | 82,895 |
2022 | 72,464 |
2023 | 56,994 |
2024 | 52,850 |
Thereafter | 294,500 |
Total future minimum lease payments | 603,017 |
Less: Imputed interest | 68,458 |
Total lease liabilities | $ | 534,559 |
As of April 30, 2020, the Company has no additional operating leases for facilities that have not yet commenced. As of October 31, 2019, the future minimum lease payments due under non-cancellable operating leases were as follows:
| Minimum Lease Payments(1)
| (in thousands)
Fiscal year |
2020 | $ | 79,286 |
2021 | 79,703 |
2022 | 69,477 |
2023 | 53,909 |
2024 | 48,730 |
Thereafter | 291,494 |
Total | $ | 622,599 |
(1) Amounts based on Topic 840, Leases.

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration