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Operating Leases
6 Months Ended
Jul. 31, 2020
Leases [Abstract]  
Operating Leases

Note 5:  Operating Leases

The Company leases its headquarters located in Sunnyvale, California, as well as office and data center space in various locations under non-cancelable operating lease agreements.  

Supplemental balance sheet information related to leases was as follows (in thousands):

 

 

 

 

 

 

As of

 

 

 

 

 

 

 

July 31,

2020

 

 

January 31,

2020

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease right-of-use assets

 

 

 

 

 

$

6,759

 

 

$

8,057

 

   Total leased assets

 

 

 

 

 

$

6,759

 

 

$

8,057

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Short-term operating lease liabilities

 

 

 

 

 

$

3,835

 

 

$

3,263

 

Long-term operating lease liabilities

 

 

 

 

 

 

3,681

 

 

 

5,150

 

   Total lease liabilities

 

 

 

 

 

$

7,516

 

 

$

8,413

 

 

Operating lease right-of-use assets and long-term operating lease liabilities are included on the face of the condensed consolidated balance sheet. Short-term operating lease liabilities are included in other current liabilities.

The Company incurred total lease costs in its consolidated statements of operations of $1.3 million and $0.9 million for the three months ended July 31, 2020 and 2019, respectively, and $2.5 million and $1.7 million for the six months ended July 31, 2020 and 2019, respectively.

Supplemental cash flow information related to leases was as follows (in thousands):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

July 31,

2020

 

 

July 31,

2019

 

 

July 31,

2020

 

 

July 31,

2019

 

Cash payments for operating leases

 

$

975

 

 

527

 

 

$

1,406

 

 

$

1,053

 

Right-of-use assets recognized in exchange for new operating lease obligations

 

 

 

 

 

 

 

 

303

 

 

 

120

 

 

As of July 31, 2020, maturities of lease liabilities under non-cancelable operating leases were as follows (in thousands):

 

Fiscal Years Ending January 31,

 

 

 

 

 

 

 

July 31, 2020

 

2021 - remainder of fiscal year

 

 

 

 

 

 

 

$

1,942

 

2022

 

 

 

 

 

 

 

 

3,950

 

2023

 

 

 

 

 

 

 

 

1,565

 

2024

 

 

 

 

 

 

 

 

314

 

2025

 

 

 

 

 

 

 

 

200

 

Total lease payments

 

 

 

 

 

 

 

 

7,971

 

Less: imputed interest

 

 

 

 

 

 

 

 

(455

)

      Present value of lease liabilities

 

 

 

 

 

 

 

$

7,516