Quarterly report [Sections 13 or 15(d)]

Leases

v3.26.1
Leases
 3 Months Ended
Apr. 30, 2026
Leases [Abstract]  
Leases Leases
The Company leases corporate office space under non-cancelable operating leases with various expiration dates. The Company did not have any finance leases during the three months ended April 30, 2026 and 2025.
The components of lease expense were as follows:
Three Months Ended April 30,
(in thousands) 2026 2025
Operating lease cost $ 3,072  $ 2,983 
Variable lease cost 374  349 
Short-term lease cost 37  116 
Total lease cost $ 3,483  $ 3,448 
The weighted average remaining lease term and discount rate were as follows:
April 30, 2026 January 31, 2026
Weighted average remaining lease term (years) 6.36 6.46
Weighted average discount rate 8.42% 8.41%
The maturities of lease liabilities under non-cancelable operating leases, net of lease incentives, were as follows:
(in thousands)
Fiscal year ended January 31,
2027 (remaining nine months) $ 8,668 
2028 9,925 
2029 8,150 
2030 6,751 
2031 6,220 
2032 6,510 
Thereafter 11,080 
Total minimum lease payments
 57,304 
Less: imputed interest (13,478)
Total $ 43,826