Quarterly report pursuant to Section 13 or 15(d)

Severance and Other Restructuring Costs

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Severance and Other Restructuring Costs
6 Months Ended
Jul. 31, 2015
Restructuring and Related Activities [Abstract]  
Severance and Other Restructuring Costs
7. Severance and Other Restructuring Costs

During the three and six months ended July 31, 2015, we incurred restructuring charges of $0.6 million and $0.8 million, respectively, primarily from severance costs for terminated employees as a result of our restructuring plan initiated in January 2015.

 

The following table shows the change in balances of our accrued severance reported as a component of other accrued expenses on the consolidated balance sheet as of July 31, 2015 (amounts in thousands):

 

     Three Months Ended      Six Months Ended  
     July 31, 2015      July 31, 2015  

Accrual balance at the beginning of the period

   $ 131       $ 2,021   

Severance and other restructuring charges incurred

     617         829   

Severance costs paid

     (458      (2,495

Other adjustments

     (22      (87
  

 

 

    

 

 

 

Accrual balance as of July 31, 2015

   $ 268       $ 268