Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Restructuring

Note 7 - Restructuring
3 Months Ended
Apr. 30, 2023
Notes to Financial Statements  
Restructuring and Related Activities Disclosure [Text Block]

(7)    Restructuring


In connection with strategic initiatives implemented during the three months ended April 30, 2023 and 2022, the Company’s management approved and initiated plans to reduce its cost structure and better align operating expenses with existing economic conditions and the Company’s operating model. The Company recorded restructuring charges of $5.2 million and $4.0 million during the three months ended April 30, 2023 and 2022, respectively. These restructuring charges are presented separately in the accompanying condensed consolidated statement of operations and include primarily the severance costs of terminated employees and lease termination and lease impairment charges.