Leases (Tables)

6 Months Ended

Jul. 31, 2019

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



	Three Months Ended July 31, 2019		Six Months Ended July 31, 2019
Operating lease cost	$	18,961	$	37,475
Short-term lease cost	4,205		7,845
Variable lease cost	5,138		8,564
Total operating lease cost	$	28,304	$	53,884

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



	Three Months Ended July 31, 2019		Six Months Ended July 31, 2019
Cash paid for operating lease liabilities	$	19,324	$	35,508
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities ⁽¹⁾	31,071		327,021


			As of July 31, 2019
Weighted average remaining lease term (in years)			6
Weighted average discount rate			3.53		%

⁽¹⁾

Includes $279 million for operating leases existing on February 1, 2019, and $48 million for operating leases that commenced in the first half of fiscal 2020.

Maturities of Operating Lease Liabilities

As of July 31, 2019, maturities of operating lease liabilities were as follows (in thousands):



Fiscal period:
Remainder of 2020	$	34,512
2021	77,259
2022	66,814
2023	53,607
2024	44,483
Thereafter	76,409
Total lease payments	353,084
Less imputed interest	(43,667		)
Total	$	309,417