v3.25.1
Leases (Tables)
12 Months Ended
Jan. 31, 2025
Leases [Abstract]  
Schedule of Lease Cost
The components of operating lease expense were as follows:
Year ended January 31,
(in thousands)202520242023
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, 2025January 31, 2024
Weighted average remaining lease term5.7 years6.7 years
Weighted average discount rate4.4 %4.3 %
Lease liabilities were as follows:
(in thousands)January 31, 2025January 31, 2024
Gross lease liabilities$59,209 $67,269 
Less: imputed interest(6,989)(9,099)
Present value of lease liabilities52,220 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)20252024
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