Quarterly report pursuant to Section 13 or 15(d)

Leases

v3.23.1
Leases
 3 Months Ended
Apr. 30, 2023
Leases [Abstract]  
Leases Leases
The Company has operating leases for corporate offices under non-cancelable operating leases with various expiration dates. There are no finance leases.
The components of lease expense were as follows:
Three Months Ended April 30,
(in thousands) 2023 2022
Operating lease cost $ 2,395  $ 1,847 
Variable lease cost 302  304 
Short-term lease cost 207  198 
Total lease cost $ 2,904  $ 2,349 
The weighted average remaining lease term and discount rate were as follows:
April 30, 2023
Weighted average remaining lease term 2.79
Weighted average discount rate 10.65  %
The maturities of lease liabilities under non-cancelable operating leases, net of lease incentives, was as follows:
(in thousands) April 30, 2023
Fiscal year ended January 31, 2024 (remaining nine months) $ 7,150 
2025 5,417 
2026 3,848 
2027 2,373 
2028 778 
Thereafter — 
Total minimum lease payments $ 19,566 
Less: imputed interest (2,606)
Total $ 16,960