SUPPLEMENTAL CONDENSED CONSOLIDATED FINANCIAL STATEMENT INFORMATION

6 Months Ended

Jul. 31, 2022

Condensed Financial Information Disclosure [Abstract]

SUPPLEMENTAL CONDENSED CONSOLIDATED FINANCIAL STATEMENT INFORMATION

Condensed Consolidated Balance Sheets

Inventories consisted of the following as of July 31, 2022 and January 31, 2022:


	July 31,		January 31,
(in thousands)	2022		2022
Raw materials	$	2,942	$	3,001
Work-in-process	115		150
Finished goods	3,500		2,186
Total inventories	$	6,557	$	5,337

Condensed Consolidated Statements of Operations

Other income, net consisted of the following for the three and six months ended July 31, 2022 and 2021:


	Three Months Ended July 31,				Six Months Ended July 31,
(in thousands)	2022		2021		2022		2021
Foreign currency gains (losses), net	$	547	$	(463)	$	2,260	$	(1,004)
Losses on derivative financial instruments, net	—		—		—		(14,374)
Change in fair value of future tranche right	—		—		—		15,810
Other, net	(80)		619		(119)		3,774
Total other income, net	$	467	$	156	$	2,141	$	4,206

Please refer to Note 9, “Convertible Preferred Stock” for additional information regarding the future tranche right.

Condensed Consolidated Statements of Cash Flows

The following table provides supplemental information regarding our condensed consolidated cash flows for the six months ended July 31, 2022 and 2021:


	Six Months Ended July 31,
(in thousands)	2022		2021
Cash paid for interest	$	1,693	$	8,190
Cash payments of income taxes, net	$	5,403	$	30,157
Cash payments for operating leases	$	18,656	$	10,236
Non-cash investing and financing transactions:
Finance leases of property and equipment	$	189	$	2,150
Liabilities for contingent consideration in business combinations	$	—	$	900
Accrued but unpaid purchases of property and equipment	$	2,035	$	2,297
Settlement of Future Tranche Right upon issuance of Series B Preferred Stock	$	—	$	36,962
Retirement of treasury stock	$	105,680	$	—
Settlement of convertible note premium with common stock	$	—	$	59,131
Receipt of common stock from the counterparties under the Note Hedges	$	—	$	59,651