Yep! Nice healthy root. They are to be admired too.
How long has it been since your phal bloomed? What kind of conditions do you have it in? How are you caring for it? If you share the details maybe we can give you some ideas on coaxing another spike out? This is the time of year for the majority of hybrid phals to be spiking. Sometimes when they are made to bloom out of their normal period due to greenhouse conditions they can skip what would/will be their normal season.