Note

- Other Charges

Other charges are comprised of acquisition-related costs and restructuring initiatives which have been undertaken from time to time under various restructuring plans. Acquisition-related costs primarily include retention bonuses to employees joining by way of an acquisition, advisory services, brokerage services and administrative costs, and collectively relate to completed and prospective acquisitions.

The following tables shows the components of other charges as follows:

Year Ended	January 31, 2017	January 31, 2016	January 31, 2015
Acquisition-related costs	3,019	1,416	1,666
Fiscal 2017 restructuring plan	427	-	-
Fiscal 2015 restructuring plan	9	50	715
Other restructuring plans	-	26	99
Executive departure charges	-	-	396
	3,455	1,492	2,876

Fiscal

2017

Restructuring Plan

In the

third

quarter of

2017,

management approved and began to implement the fiscal

2017

restructuring plan to reduce operating expenses and increase operating margins. To date,

$0.4

million has been recorded within other charges in conjunction with this restructuring plan. These charges are comprised of workforce reduction charges and office closure costs. This plan is substantially complete with a nominal amount of further expected costs.

The following table shows the changes in the restructuring provision for the fiscal

2017

restructuring plan.

	Workforce Reduction		Office Closure Costs		Total
Balance at January 31, 2016	-		-		-
Accruals and adjustments	309		118		427
Cash draw downs	(308	)	(30	)	(338	)
Foreign exchange	(1	)	-		(1	)
Balance at January 31, 2017	-		88		88

Fiscal

2015

Restructuring Plan

In the

fourth

quarter of

2015,

management approved and began to implement the fiscal

2015

restructuring plan to reduce operating expenses and increase operating margins. To date,

$0.8

million has been recorded within other charges in conjunction with this restructuring plan. These charges are comprised of workforce reduction charges, office closure costs and other costs. This plan is complete with no further expected costs.

The following table shows the changes in the restructuring provision for the fiscal

2015

restructuring plan.

	Workforce Reduction		Office Closure Costs		Other Costs		Total
Balance at January 31, 2015	226		220		-		446
Accruals and adjustments	24		14		12		50
Cash draw downs	(250	)	(93	)	(12	)	(355	)
Balance at January 31, 2016	-		141		-		141
Accruals and adjustments	-		9		-		9
Cash draw downs	-		(89	)	-		(89	)
Balance at January 31, 2017	-		61		-		61