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Leases (Tables)
3 Months Ended
Apr. 30, 2019
Leases [Abstract]  
Other Information Related to Leases

Other information related to leases was as follows:

 

 

Three Months Ended

 

 

 

April 30, 2019

 

Other information

 

 

 

 

Cash paid for amounts included in the measurement

   of lease liabilities:

 

 

 

 

Operating cash flows from operating leases

 

$

70,615

 

Right-of-use assets obtained in exchange for new

   operating lease liabilities

 

$

2,719

 

Weighted-average remaining lease term - operating leases

 

7.4 years

 

Weighted-average discount rate - operating leases

 

 

6.5

%

 

 

 

 

 

Schedule by Year of Maturities of Operating Leases Liabilities with Original Terms in Excess of One Year

The following is a schedule by year of the maturities of operating lease liabilities with original terms in excess of one year, as of April 30, 2019:

 

 

Operating

 

 

 

Leases

 

Fiscal Year

 

 

 

 

2020 (excluding the three months ended April 30, 2019)

 

$

223,251

 

2021

 

 

272,836

 

2022

 

 

238,298

 

2023

 

 

210,378

 

2024

 

 

176,982

 

Thereafter

 

 

635,363

 

Total undiscounted future minimum lease payments

 

 

1,757,108

 

Less imputed interest

 

 

(450,485

)

Total discounted future minimum lease payments

 

$

1,306,623

 

 

 

 

 

 

Schedule by Year of Future Minimum Lease Payments for Operating Leases with Original Terms in Excess of One Year

The following is a schedule by year of the future minimum lease payments for operating leases with original terms in excess of one year, as of January 31, 2019:

 

 

Operating

 

 

 

Leases

 

Fiscal Year

 

 

 

 

2020

 

$

294,527

 

2021

 

 

263,209

 

2022

 

 

228,596

 

2023

 

 

200,776

 

2024

 

 

167,130

 

Thereafter

 

 

558,655

 

Total minimum lease payments

 

$

1,712,893