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Leases
6 Months Ended
Jul. 31, 2023
Leases  
Leases

Note 13 – Leases

We have operating leases for buildings, vehicles and computer equipment. Our leases have remaining terms of up to 6 years, some of which include options to extend the leases for up to 5 years.

The components of operating lease expense were as follows:

    

Three Months Ended

    

Six Months Ended

    

July 31,

    

July 31,

July 31,

    

July 31,

2023

2022

2023

2022

Operating lease cost

 

1,027

 

1,078

 

2,000

 

2,143

Short-term lease cost

 

146

 

150

 

328

 

299

Total operating lease cost

 

1,173

 

1,228

 

2,328

 

2,442

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

    

Three Months Ended

    

Six Months Ended

July 31,

    

July 31,

July 31,

    

July 31,

2023

2022

2023

2022

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

 

1,104

 

1,148

 

2,093

 

2,264

New ROU assets obtained in exchange for lease obligations

 

348

 

122

 

830

 

346

Supplemental information related to operating leases was as follows:

    

July 31,

    

January 31,

2023

2023

Weighted average remaining lease term (years)

 

2.3

 

2.6

Weighted average discount rate (%)

 

2.7

 

2.4

Maturities of operating lease liabilities were as follows as of July 31, 2023:

    

Operating

Years Ended January 31,

Leases

Remainder of 2024

 

3,410

2025

 

1,979

2026

 

742

2027

 

222

2028

 

74

2029 and thereafter

34

Total lease payments

 

6,461

Less: imputed interest

 

307

Total lease obligations

 

6,154

Current

 

3,177

Long-term

 

2,977