XML 125 R23.htm IDEA: XBRL DOCUMENT
v3.20.1

Note 15 - Share Capital | 12 Months Ended
--- | ---
Jan. 31, 2020
Notes to Financial Statements |
Share Capital [Text Block] | Note 15 – Share Capital On June 6, 2018, we filed a final short-form base shelf prospectus (the “Base Shelf Prospectus”), allowing us to offer and issue the following securities: (i) common shares; (ii) preferred shares; (iii) senior or subordinated unsecured debt securities; (iv) subscription receipts; (v) warrants; and (vi) securities comprised of more than one of the aforementioned common shares, preferred shares, debt securities, subscription receipts and/ or warrants offered together as a unit. These securities may be offered separately or together, in separate series, in amounts, at prices and on terms to be set forth in one or more shelf prospectus supplements. The aggregate initial offering price of securities that may be sold by us (or certain of our current or future shareholders) pursuant to the Base Shelf Prospectus during the 25 -month period that the Base Shelf Prospectus, including any amendments thereto, remains valid was limited to an aggregate of $750 million. On June 10, 2019, we completed a public offering of common shares in the United States and Canada at a price of $35.50 per common share pursuant to the short-form base shelf prospectus and related prospectus supplement filed in connection with the offering (the “Offering”) . The total offering of 6,900,000 common shares included the exercise in full by the underwriters of the 15% over-allotment option, for aggregate gross proceeds to Descartes of $245.0 million. Net proceeds to Descartes were approximately $236.6 million once expenses associated with the Offering were deducted inclusive of the related deferred tax benefit on share issuance costs. As a result of the Offering, the aggregate balance of securities that may be sold by us pursuant to the Base Shelf Prospectus has been reduced to an aggregate of $505.0 million. The following table sets forth the common shares outstanding (number of shares in thousands):
|  |  | January 31, |  |  |  | January 31, |  |  |  | January 31, |
(thousands of shares) |  |  | 2020 |  |  |  | 2019 |  |  |  | 2018 |
Balance, beginning of year |  |  | 76,865 |  |  |  | 76,773 |  |  |  | 75,875 |
Shares issued: |  |  |  |  |  |  |  |  |  |  |  |
Stock options and share units exercised |  |  | 95 |  |  |  | 46 |  |  |  | 141 |
Issuance of common shares |  |  | 6,900 |  |  |  | – |  |  |  | – |
Acquisitions (Note 3) |  |  | 296 |  |  |  | 46 |  |  |  | 757 |
Balance, end of year |  |  | 84,156 |  |  |  | 76,865 |  |  |  | 76,773 |
Cash flows provided from stock options and share units exercised during 2020, 2019 and 2018 were approximately $1.5 million, $0.5 million and $1.0 million, respectively.

X
- Definition Disclosure and information regarding share capital. + References No definition available. + Details
Name: | dsgx_ShareCapitalTextBlock
Namespace Prefix: | dsgx_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration