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Leases
12 Months Ended
Jan. 31, 2022
Notes to Financial Statements  
Leases

Note 13 – Leases

We have operating leases for buildings, vehicles and computer equipment. Our leases have remaining terms of up to 7 years, some of which include options to extend the leases for up to 5 years.

The components of operating lease expense were as follows:

Year Ended

    

January 31, 

    

January 31, 

    

January 31, 

2022

2021

2020

Operating lease cost

 

4,466

 

4,590

 

4,902

Short-term lease cost

 

432

 

502

 

866

Total operating lease cost

 

4,898

 

5,092

 

5,768

Supplemental cash flow information related to operating leases was as follows:

Year Ended

    

January 31, 

    

January 31, 

    

January 31, 

2022

2021

2020

Operating cash outflows from operating leases included in measurement of lease liabilities

 

4,857

 

4,831

 

4,150

New ROU assets obtained in exchange for lease obligations

 

2,548

 

2,337

 

6,439

Supplemental information related to operating leases was as follows:

    

January 31, 

    

January 31, 

2022

2021

Weighted average remaining lease term (years)

 

3.3

 

3.8

Weighted average discount rate (%)

 

2.1

 

2.5

Maturities of operating lease liabilities were as follows as of January 31, 2022:

Years Ended January 31,

    

Operating

Leases

2023

 

4,349

2024

 

3,526

2025

 

2,429

2026

 

1,131

2027

 

322

2028 and thereafter

 

186

Total lease payments

 

11,943

Less: imputed interest

 

(532)

Total lease obligations

 

11,411

Current

 

4,029

Long-term

 

7,382