v3.25.1

Leases | 12 Months Ended
--- | ---
Jan. 31, 2025
Leases [Abstract] |
Leases | Leases The Company has entered into various non-cancelable operating lease agreements for office space, data storage facilities, and other leases with remaining lease terms of approximately 1 to 6 years, often with one or more Company options to renew. These renewal terms can extend the lease term from 5 to 10 years and are included in the lease term when it is reasonably certain that the Company will exercise the option. The components of operating lease expense were as follows:
| Year ended January 31,
(in thousands) | 2025 |  | 2024 |  | 2023
Operating lease expense | $ | 9,125 |  |  | $ | 9,437 |  |  | $ | 11,371 |
Sublease income | (4,097) |  |  | (2,680) |  |  | (2,187) |
Net operating lease expense | $ | 5,028 |  |  | $ | 6,757 |  |  | $ | 9,184 |
Weighted average lease term and discount rate were as follows:
| January 31, 2025 |  | January 31, 2024
Weighted average remaining lease term | 5.7 years |  | 6.7 years
Weighted average discount rate | 4.4 | % |  | 4.3 | %
Lease liabilities were as follows:
(in thousands) | January 31, 2025 |  | January 31, 2024
Gross lease liabilities | $ | 59,209 |  |  | $ | 67,269 |
Less: imputed interest | (6,989) |  |  | (9,099) |
Present value of lease liabilities | 52,220 |  |  | 58,170 |
Less: current portion of lease liabilities | (10,001) |  |  | (9,404) |
Lease liabilities, non-current | $ | 42,219 |  |  | $ | 48,766 |
Supplemental cash flow information related to the Company's operating leases was as follows:
| Year ended January 31,
(in thousands) | 2025 |  | 2024
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating cash flows from operating leases | $ | 9,874 |  |  | $ | 10,900 |
Right-of-use assets obtained in exchange for lease obligations | $ | 1,469 |  |  | $ | 2,109 |

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- 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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