XML 43 R28.htm IDEA: XBRL DOCUMENT v3.25.0.1

Other Charges

12 Months Ended

Jan. 31, 2025

Other Charges

Other Charges

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. Contingent consideration adjustments relate to changes in anticipated acquisition earnout payment accruals primarily as a result of increases or decreases to revenue performance and forecasts. Revenue forecasts are updated on a quarterly basis and the related earnout payment accruals are updated accordingly.

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

​

​	​	​	​	​	​	​
​		January 31,		January 31,	​	January 31,
Year Ended	​	2025	​	2024	​	2023
Acquisition-related costs		5,803		3,697		2,560
Contingent consideration accretion and adjustments		707		16,334		2,804
Restructuring plans		956		1,618		77
​		7,466		21,649		5,441

​

Fiscal 2024 Restructuring Plan

​

In the third quarter of fiscal 2024, management approved and began to implement the fiscal 2024 restructuring plan to reduce operating expenses and increase operating margins. To date, $1.8 million has been recorded within other charges in conjunction with this restructuring plan. These charges are comprised of office closures and workforce reduction charges. As of January 31, 2025, we expect total remaining office closures to be nominal.

​

The following table shows the changes in the restructuring provision for the fiscal 2024 restructuring plan:

​

​	​	​	​	​	​	​
​		Workforce		Office		​
​	​	Reduction	​	Closures	​	Total
Balance at January 31, 2024		442		—		442
Accruals and adjustments		66		112		178
Cash draw downs		(503)		(112)		(615)
Non-cash draw downs and foreign exchange		(5)		—		(5)
Balance at January 31, 2025		—		—		—

​

Fiscal 2025 Restructuring Plan

​

In the fourth quarter of fiscal 2025, management approved and began to implement the fiscal 2025 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. As of January 31, 2025, we expect total remaining workforce reduction costs to be incurred of approximately $0.1 million to $0.2 million.

​

The following table shows the changes in the restructuring provision for the fiscal 2025 restructuring plan:

​

​	​	​	​	​
​	​	Workforce	​	​
​		Reduction		Total
Balance at January 31, 2024		—		—
Accruals and adjustments		778		778
Cash draw downs		(616)		(616)
Balance at January 31, 2025		162		162

​

X

- References

No definition available.

+ Details

Name:	us-gaap_OtherIncomeAndExpensesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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
-Topic 610
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//610/tableOfContent

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 720
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//720/tableOfContent

+ Details

Name:	us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration