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Derivative Instruments (Tables)
 3 Months Ended
Apr. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The fair values of outstanding derivative instruments were as follows (in thousands):
 
 
Condensed Consolidated Balance Sheets Location
 
April 30, 2018
 
January 31, 2018
Derivative Assets:
 
 
 
 
 
 
Foreign currency forward contracts designated as cash flow hedges
 
Prepaid expenses and other current assets
 
$
3,601

 
$
15

Foreign currency forward contracts designated as cash flow hedges
 
Other assets
 
2,318

 
4

Foreign currency forward contracts not designated as hedges
 
Prepaid expenses and other current assets
 
565

 
79

Total Derivative Assets
 
 
 
$
6,484

 
$
98

Derivative Liabilities:
 
 
 
 
 
 
Foreign currency forward contracts designated as cash flow hedges
 
Accrued expenses and other current liabilities
 
$
6,090

 
$
18,355

Foreign currency forward contracts designated as cash flow hedges
 
Other liabilities
 
3,500

 
11,650

Foreign currency forward contracts not designated as hedges
 
Accrued expenses and other current liabilities
 
1,345

 
2,805

Foreign currency forward contracts not designated as hedges
 
Other liabilities
 
135

 
102

Total Derivative Liabilities
 
 
 
$
11,070

 
$
32,912
Derivative Instruments, Gain (Loss)
Gains (losses) associated with foreign currency forward contracts designated as cash flow hedges were as follows (in thousands):
 
 
Condensed Consolidated Statements of Operations and Statements of Comprehensive Loss Locations
 
Three Months Ended April 30,
 
 
 
2018
 
2017
Gains (losses) recognized in OCI (effective portion) (1)
 
Net change in market value of effective foreign currency forward exchange contracts
 
$
18,274

 
$
(975
)
Gains (losses) reclassified from OCI into income (effective portion)
 
Revenues
 
(1,117
)
 
234

Gains (losses) recognized in income (amount excluded from effectiveness testing and ineffective portion)
 
Other income (expense), net
 
2,231

 
623

(1) 
Of the total effective portion of foreign currency forward contracts designated as cash flow hedges as of April 30, 2018, net losses of $9 million are expected to be reclassified out of OCI within the next 12 months.
Gains (losses) associated with foreign currency forward contracts not designated as cash flow hedges were as follows (in thousands):
 
 
Condensed Consolidated Statements of Operations Location
 
Three Months Ended April 30,
Derivative Type
 
 
2018
 
2017
Foreign currency forward contracts not designated as hedges
 
Other income (expense), net
 
$
1,794

 
$
(6
)
Offsetting Assets
As of April 30, 2018, information related to these offsetting arrangements was as follows (in thousands):
 
 
Gross Amounts of Recognized Assets
 
Gross Amounts Offset on the Condensed Consolidated Balance Sheets
 
Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets
 
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets
 
Net Assets Exposed
 
 
 
 
 
Financial Instruments
 
Cash Collateral Received
 
Derivative Assets:
 
 
 
 
 
 
 
 
 
 
 
 
Counterparty A
 
$
2,222

 
$
—

 
$
2,222

 
$
(2,222
)
 
$
—

 
$
—

Counterparty B
 
2,958

 
—

 
2,958

 
(2,958
)
 
—

 
—

Counterparty C
 
1,304

 
—

 
1,304

 
(1,304
)
 
—

 
—

Total
 
$
6,484

 
$
—

 
$
6,484

 
$
(6,484
)
 
$
—

 
$
—
Offsetting Liabilities
 
 
Gross Amounts of Recognized Liabilities
 
Gross Amounts Offset on the Condensed Consolidated Balance Sheets
 
Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets
 
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets
 
Net Liabilities Exposed
 
 
 
 
 
Financial Instruments
 
Cash Collateral Pledged
 
Derivative Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
Counterparty A
 
$
2,939

 
$
—

 
$
2,939

 
$
(2,222
)
 
$
—

 
$
717

Counterparty B
 
6,365

 
—

 
6,365

 
(2,958
)
 
—

 
3,407

Counterparty C
 
1,766

 
—

 
1,766

 
(1,304
)
 
—

 
462

Total
 
$
11,070

 
$
—

 
$
11,070

 
$
(6,484
)
 
$
—

 
$
4,586