XML 41 R23.htm IDEA: XBRL DOCUMENT v3.23.1
Related Party Transactions
12 Months Ended
Jan. 31, 2023
Related Party Transactions [Abstract]  
Related Party Transactions

16. Related Party Transactions

Faegre Drinker Biddle & Reath LLP, a law firm, provided general legal services to the Company. Fees paid to Faegre Drinker Biddle & Reath LLP during fiscal 2023, 2022 and 2021 were $1,127, $1,027 and $1,108, respectively. Harry S. Cherken, Jr., a director of the Company, served as Senior Counsel at Faegre Drinker Biddle & Reath LLP until his retirement on December 31, 2022. Amounts due to Faegre Drinker Biddle & Reath LLP as of January 31, 2023 and 2022 were approximately $174 and $104, respectively.

Todd R. Morgenfeld, a director of the Company, is Chief Financial Officer and Head of Business Operations of Pinterest, Inc., which provided digital marketing services to the Company in fiscal 2023, 2022 and 2021 and is expected to continue to do so in the future. The amount paid to Pinterest, Inc. for such digital marketing services was financially immaterial to Pinterest, Inc. and is unrelated to Mr. Morgenfeld’s compensation from Pinterest, Inc. Mr. Morgenfeld did not provide and was not involved in the provision of digital marketing services by Pinterest, Inc. to the Company, and he does not intend to provide or be involved in the provision of such services by Pinterest, Inc. in the future. The Board of Directors considered these matters in determining Mr. Morgenfeld’s independence.