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Debt (Tables)
6 Months Ended
Jul. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Convertible Debt
The following table presents the Company’s convertible debt outstanding:
July 31,
2024
January 31, 2024
(in thousands)
Gross amount$300,000 $300,000 
Debt discount and issuance costs(14,325)(16,296)
Carrying amount$285,675 $283,704 
Estimated fair value (Level 2 Inputs)$217,000 $211,000 
Schedule of Interest Expense
The following table presents the Company’s interest expense:
Three Months Ended
July 31,
Six Months Ended
July 31,
2024202320242023
(in thousands)
2028 Convertible Notes
Contractual interest expense$5,250 $2,625 $10,515 $5,250 
Amortization of debt discount and issuance costs985301 1,970 603 
2027 Revolving Credit Facility
Amortization of debt issuance costs
212 — 423 — 
Commitment fees
153 — 303 — 
Total interest expense$6,600 $2,926 $13,211 $5,853