Leases (Tables)

3 Months Ended

Apr. 30, 2019

The components of operating lease expense were as follows (in thousands):



	Three Months Ended April 30, 2019
Operating lease cost	$	18,514
Short-term lease cost	3,640
Variable lease cost	3,426
Total operating lease cost	$	25,580

Information related to our operating lease right-of-use assets and operating lease liabilities was as follows (in thousands, except periods and percentages):



	April 30, 2019
Cash paid for operating lease liabilities	$	16,184
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities ⁽¹⁾	295,950
Weighted average remaining lease term (in years)	6.1
Weighted average discount rate	3.53		%


⁽¹⁾	Includes $279 million for operating leases existing on February 1, 2019 and $17 million for operating leases that commenced in the first quarter of fiscal 2020.

Maturities of Operating Lease Liabilities

As of April 30, 2019, maturities of operating lease liabilities were as follows (in thousands):



Fiscal period:
Remainder of 2020	$	56,829
2021	76,593
2022	63,106
2023	49,777
2024	40,533
Thereafter	70,484
Total lease payments	357,322
Less imputed interest	(47,178		)
Total	$	310,144