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Balance Sheet Components
 3 Months Ended
Apr. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Balance Sheet Components Balance Sheet Components
Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
April 30, 2024January 31, 2024
Data center and other computer equipment$587,668 $525,890 
Capitalized internal-use software and website development costs207,850 183,117 
Leasehold improvements40,197 39,168 
Purchased software13,380 10,907 
Furniture and equipment8,932 8,524 
Construction in progress149,644 190,832 
1,007,671 958,438 
Less: Accumulated depreciation and amortization(380,290)(338,266)
Property and equipment, net$627,381 $620,172 
Construction in progress primarily includes data center equipment purchased that has not yet been placed in service. Data center equipment that was purchased but not yet been placed into service was $133.6 million as of April 30, 2024.
Depreciation and amortization expense of property and equipment was $42.7 million and $26.4 million during the three months ended April 30, 2024 and April 30, 2023, respectively.
There was no impairment of property and equipment during the three months ended April 30, 2024 and April 30, 2023. The Company capitalized $17.5 million and $16.6 million in internal-use software and website development costs during the three months ended April 30, 2024 and April 30, 2023, respectively. Amortization expense associated with internal-use software and website development costs totaled $12.8 million and $7.5 million during the three months ended April 30, 2024 and April 30, 2023, respectively. The net book value of capitalized internal-use software and website development costs was $111.6 million and $106.9 million as of April 30, 2024 and January 31, 2024, respectively.
Intangible Assets, Net
Total intangible assets, net consisted of the following (dollars in thousands):
April 30, 2024Weighted-Average
Remaining 
Useful
Life
Gross Carrying AmountAccumulated AmortizationNet Amount
(in months)
Developed technology$144,839 $46,888 $97,951 59
Customer relationships17,022 6,422 10,600 66
Intellectual property and other acquired intangible assets15,842 2,369 13,473 121
Total$177,703 $55,679 $122,024 
January 31, 2024Weighted-Average
Remaining 
Useful
Life
Gross Carrying AmountAccumulated AmortizationNet Amount
(in months)
Developed technology$131,346 $41,854 $89,492 60
Customer relationships17,027 5,825 11,202 68
Intellectual property and other acquired intangible assets15,842 2,018 13,824 123
Total$164,215 $49,697 $114,518 
Amortization expense of intangible assets was $6.0 million and $4.2 million during the three months ended April 30, 2024 and April 30, 2023, respectively.
The estimated aggregate future amortization expense of intangible assets as of April 30, 2024 was as follows (in thousands):
Total
Fiscal 2025 (remaining nine months) $19,003 
Fiscal 202624,240 
Fiscal 202722,064 
Fiscal 202821,577 
Fiscal 202918,823 
Thereafter16,317 
Total amortization expense$122,024 
Developed technology, customer relationships, intellectual property and other acquired intangible assets are amortized over their estimated useful lives, generally on a straight-line basis, for periods ranging from 2 to 20 years.
Goodwill
The change in goodwill during the three months ended April 30, 2024 consisted of the following (in thousands):
Amounts
Goodwill as of January 31, 2024
$638,041 
Goodwill acquired(1)
83,982 
Foreign currency translation(50)
Goodwill as of April 30, 2024
$721,973 
(1)    Goodwill acquired resulted from the acquisition of Flow Security. Refer to Note 9 for additional information.
Accrued Expenses
Accrued expenses consisted of the following (in thousands):
April 30, 2024January 31, 2024
Web hosting services$34,878 $40,706 
Accrued marketing15,694 14,623 
Other accrued expenses13,525 13,512 
Accrued professional services11,295 11,867 
Accrued partner commissions 10,378 13,584 
Accrued health benefits and claims5,885 5,039 
Accrued purchases of property and equipment5,711 16,190 
Accrued interest expense4,750 10,375 
Accrued expenses$102,116 $125,896 
Accrued Payroll and Benefits
Accrued payroll and benefits consisted of the following (in thousands):
April 30, 2024January 31, 2024
Accrued commissions$84,602 $116,870 
Employee Stock Purchase Plan49,959 22,315 
Accrued payroll and related expenses46,229 58,579 
Accrued bonuses35,905 36,860 
Accrued payroll and benefits$216,695 $234,624