Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Restructuring

Note 7 - Restructuring
6 Months Ended
Jul. 31, 2023
Notes to Financial Statements  
Restructuring and Related Activities Disclosure [Text Block]

(7)    Restructuring


In connection with strategic initiatives implemented during the three and six months ended July 31, 2023 and July 31, 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 $2.5 million and $7.7 million during the three and six months ended July 31, 2023, respectively, and $4.3 million and $8.3 million for the three and six months ended July 31, 2022, respectively. These restructuring charges are presented separately in the accompanying condensed consolidated statements of operations and include primarily the severance costs of terminated employees and lease termination and lease impairment charges.