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Note 20 - Other Charges | 12 Months Ended
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Jan. 31, 2021
Notes to Financial Statements |
Other Income and Other Expense Disclosure [Text Block] | Note 20 - Other Charges Other charges are comprised of acquisition-related costs, contingent consideration adjustments and restructuring initiatives which have been undertaken from time to time under various restructuring plans. Acquisition-related costs primarily include advisory services, administrative costs and retention bonuses to employees joining by way of an acquisition, and collectively relate to completed and prospective acquisitions. The following tables shows the components of other charges as follows:
Year Ended |  |  | January 31, |  |  |  | January 31, |  |  |  | January 31, |
|  |  | 2021 |  |  |  | 2020 |  |  |  | 2019 |
Acquisition-related costs |  |  | 1,981 |  |  |  | 3,457 |  |  |  | 3,187 |
Contingent consideration adjustments |  |  | (1,946 | ) |  |  | 340 |  |  |  | 591 |
Restructuring plans |  |  | 2,300 |  |  |  | - |  |  |  | 20 |
|  |  | 2,335 |  |  |  | 3,797 |  |  |  | 3,798 |
Fiscal 2021 Restructuring Plan In the second quarter of fiscal 2021, management approved and began to implement a restructuring plan (the “Fiscal 2021 Restructuring Plan”) to reduce operating expenses. To date, $2.3 million has been recorded within other charges in conjunction with this restructuring plan. These charges are comprised of workforce reduction and the accelerated ROU asset amortization associated with certain office closures. This plan is substantially complete with expected remaining workforce reduction and office closure costs of approximately $0.1 million. The following table shows the changes in the restructuring provision for the Fiscal 2021 Restructuring Plan:
|  |  | Workforce Reduction |  |  |  | Office Closures |  |  |  | Total |
Balance at January 31, 2020 |  |  | - |  |  |  | - |  |  |  | - |
Accruals and adjustments |  |  | 1,717 |  |  |  | 583 |  |  |  | 2,300 |
Cash draw downs |  |  | (1,657 | ) |  |  | (583 | ) |  |  | (2,240 | )
Foreign exchange |  |  | 10 |  |  |  | - |  |  |  | 10 |
Balance at January 31, 2021 |  |  | 70 |  |  |  | - |  |  |  | 70 |

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- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 720 -URI http://asc.fasb.org/topic&trid=2122503 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 610 -URI http://asc.fasb.org/topic&trid=49130413 + Details
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