XML 62 R51.htm IDEA: XBRL DOCUMENT v3.8.0.1
Redeemable Preferred Stock - Additional Information (Details)
$ / shares in Units, $ in Thousands, CAD in Millions
 3 Months Ended 12 Months Ended
Nov. 01, 2017
USD ($)
Installment
Jan. 31, 2017
USD ($)
Jan. 31, 2018
USD ($)
TradingDay
$ / shares
shares
Jan. 31, 2018
CAD
TradingDay
shares
Jan. 31, 2017
USD ($)
Oct. 31, 2017
CAD
shares
Jan. 31, 2018
CAD
shares
Oct. 31, 2017
USD ($)
$ / shares
shares
Oct. 31, 2017
CAD
shares
Class Of Stock [Line Items]                  
Preferred stock, shares authorized     250,000       250,000    
Preferred stock, par value | $ / shares     $ 0.01            
Installment Conversion of Series C Preferred Stock to Common Stock [Member]                  
Class Of Stock [Line Items]                  
Convertible preferred stock, reduction in carrying amount | $     $ 7,600            
Series B Cumulative Convertible Perpetual Preferred Stock [Member]                  
Class Of Stock [Line Items]                  
Preferred stock, shares authorized     105,875       105,875 105,875 105,875
Preferred stock, dividend rate, percentage     5.00% 5.00%   5.00%      
Preferred stock, shares issued     64,020       64,020 64,020 64,020
Preferred stock, shares outstanding     64,020       64,020 64,020 64,020
Temporary equity, carrying amount, attributable to parent | $     $ 59,857         $ 59,857  
Preferred stock, liquidation preference per share | $ / shares     $ 1,000.00         $ 1,000.00  
Dividends, preferred stock, cash | $   $ 800 $ 800            
Series C Preferred Stock [Member]                  
Class Of Stock [Line Items]                  
Preferred stock, dividend rate, percentage     15.00% 15.00%          
Temporary equity, carrying amount, attributable to parent | $     $ 20,131         $ 27,700  
Convertible preferred stock, converted to common stock     9,099 9,099          
Conversion of stock conversion price | $ / shares     $ 1.84            
Preferred stock deemed dividends | $     $ 3,463   $ 0        
Preferred stock redemption terms     Installment Payments. On November 1, 2017 and on the sixteenth day and first day of each calendar month thereafter until March 1, 2019, subject to extension in certain circumstances (the “Maturity Date”), inclusive, the Company will redeem the stated value of Series C Preferred Shares in thirty-three equal installments of $1.0 million (each bimonthly amount, an “Installment Amount” and the date of each such payment, an “Installment Date”). The holders will have the ability to defer installment payments, but not beyond the Maturity Date. In addition, during each period commencing on the 11th trading day prior to an Installment Date and prior to the immediately subsequent Installment Date, the holders may elect to accelerate the conversion of Series C Preferred Shares at the then applicable installment conversion price, provided that the holders may not elect to effect any such acceleration during such installment period if either (x) in the aggregate, all the accelerations in such installment period exceed the sum of three other Installment Amounts, or (y) the number of Series C Preferred Shares subject to prior accelerations exceeds in the aggregate twelve Installment Amounts. Installment Payments. On November 1, 2017 and on the sixteenth day and first day of each calendar month thereafter until March 1, 2019, subject to extension in certain circumstances (the “Maturity Date”), inclusive, the Company will redeem the stated value of Series C Preferred Shares in thirty-three equal installments of $1.0 million (each bimonthly amount, an “Installment Amount” and the date of each such payment, an “Installment Date”). The holders will have the ability to defer installment payments, but not beyond the Maturity Date. In addition, during each period commencing on the 11th trading day prior to an Installment Date and prior to the immediately subsequent Installment Date, the holders may elect to accelerate the conversion of Series C Preferred Shares at the then applicable installment conversion price, provided that the holders may not elect to effect any such acceleration during such installment period if either (x) in the aggregate, all the accelerations in such installment period exceed the sum of three other Installment Amounts, or (y) the number of Series C Preferred Shares subject to prior accelerations exceeds in the aggregate twelve Installment Amounts.          
Preferred stock redemption maturity date     Mar. 01, 2019 Mar. 01, 2019          
Number of preferred stock redemption equal installments | Installment 33                
Redemption of preferred shares in installments, each installment amount | $ $ 1,000                
Common stock consecutive trading day | TradingDay     10 10          
Repayment percentage of installment amount     108.00% 108.00%          
Preferred shares, triggering event redemption terms     Redemption. In the event of a triggering event, as defined in the Certificate of Designations, the holders of the Series C Preferred Shares can force redemption at a price equal to the greater of (i) the conversion amount to be redeemed multiplied by 125% and (ii) the product of (a) the conversion rate with respect to the conversion amount in effect at such time as such holder delivers a triggering event redemption notice multiplied by (b) the greatest closing sale price of the common stock on any trading day during the period commencing on the date immediately preceding such triggering event and ending on the date the Company makes the entire payment required. Redemption. In the event of a triggering event, as defined in the Certificate of Designations, the holders of the Series C Preferred Shares can force redemption at a price equal to the greater of (i) the conversion amount to be redeemed multiplied by 125% and (ii) the product of (a) the conversion rate with respect to the conversion amount in effect at such time as such holder delivers a triggering event redemption notice multiplied by (b) the greatest closing sale price of the common stock on any trading day during the period commencing on the date immediately preceding such triggering event and ending on the date the Company makes the entire payment required.          
Redemption pice percentage     125.00% 125.00%          
Preferred shares voting rights     no voting rights no voting rights          
Series C Preferred Stock [Member] | Volume Weighted Average Price [Member]                  
Class Of Stock [Line Items]                  
Percentage of common stock on trading day immediately prior to applicable installment date     87.50% 87.50%          
Series C Preferred Stock [Member] | Arithmetic Average Of Two Lowest Volume Weighted Average Price [Member]                  
Class Of Stock [Line Items]                  
Percentage of common stock on trading day immediately prior to applicable installment date     87.50% 87.50%          
Series C Preferred Stock [Member] | Convertible Preferred Offering [Member]                  
Class Of Stock [Line Items]                  
Aggregate number of shares issued           33,500      
Sale of stock price per share | $ / shares               $ 0.01  
Preferred stock, stated value per share | $ / shares               $ 1,000  
Preferred stock, shares issued     24,201       24,201 33,300 33,300
Preferred stock, shares outstanding     24,201       24,201 33,300 33,300
Temporary equity, carrying amount, attributable to parent | $     $ 20,100         $ 27,700  
Conversion of stock conversion price | $ / shares     $ 1.84            
Convertible preferred stock, terms of conversion     Conversion Rights. The Series C Preferred Shares are convertible into shares of common stock subject to the beneficial ownership limitations provided in the Certificate of Designations for Series C Preferred Stock (the “Certificate of Designations”), at a conversion price equal to $1.84 per share of common stock (“Conversion Price”), subject to adjustment as provided in the Certificate of Designations, at any time at the option of the holder. In the event of a triggering event, as defined in the Certificate of Designations, the Series C Preferred Shares are convertible into shares of common stock at a conversion price of the lower of $1.84 per share and 85% of the lowest volume weighted average price (“VWAP”) of the common stock of the five trading days immediately prior to delivery of the applicable conversion notice. The holders will be prohibited from converting Series C Preferred Shares into shares of common stock if, as a result of such conversion, such holder, together with its affiliates, would own more than 8.99% of the total number of shares of common stock then issued and outstanding. Each holder has the right to increase its maximum percentage up to 9.99% upon 60 days’ notice to the Company. Conversion Rights. The Series C Preferred Shares are convertible into shares of common stock subject to the beneficial ownership limitations provided in the Certificate of Designations for Series C Preferred Stock (the “Certificate of Designations”), at a conversion price equal to $1.84 per share of common stock (“Conversion Price”), subject to adjustment as provided in the Certificate of Designations, at any time at the option of the holder. In the event of a triggering event, as defined in the Certificate of Designations, the Series C Preferred Shares are convertible into shares of common stock at a conversion price of the lower of $1.84 per share and 85% of the lowest volume weighted average price (“VWAP”) of the common stock of the five trading days immediately prior to delivery of the applicable conversion notice. The holders will be prohibited from converting Series C Preferred Shares into shares of common stock if, as a result of such conversion, such holder, together with its affiliates, would own more than 8.99% of the total number of shares of common stock then issued and outstanding. Each holder has the right to increase its maximum percentage up to 9.99% upon 60 days’ notice to the Company.          
Percentage of lowest volume weighted average price of common stock considered as conversion price     85.00% 85.00%          
Conversion terms, increase beneficial ownership limitation percentage upon notice periods     60 days 60 days          
Series C Preferred Stock [Member] | Convertible Preferred Offering [Member] | Minimum [Member]                  
Class Of Stock [Line Items]                  
Conversion terms, beneficial ownership limitation, percentage     8.99% 8.99%          
Series C Preferred Stock [Member] | Convertible Preferred Offering [Member] | Maximum [Member]                  
Class Of Stock [Line Items]                  
Conversion terms, beneficial ownership increase, percentage     9.99% 9.99%          
Class A Cumulative Redeemable Exchangeable Preferred Shares [Member]                  
Class Of Stock [Line Items]                  
Preferred stock, shares outstanding     1,000,000       1,000,000    
Return of capital and dividend payments | CAD       CAD 0.3   CAD 0.3      
Interest expense, other | CAD       CAD 0.7   CAD 0.5      
Carrying value of preferred shares, total     $ 15,900       CAD 19.7 $ 15,100 CAD 19.4