Annual report pursuant to Section 13 and 15(d)

Employee Benefit Plans (Tables)

v3.8.0.1
Employee Benefit Plans (Tables)
 12 Months Ended
Jan. 31, 2018
Postemployment Benefits [Abstract]  
Components of the Change in Pension Benefit Obligation

The components of the change in this pension benefit obligation as of January 31, 2018 and 2017 are as follows:

 

 

January 31,

 

 

 

2018

 

 

2017

 

 

 

(Amounts in thousands)

 

Projected benefit obligation, beginning of fiscal year

 

$

530

 

 

$

1,063

 

Service cost

 

 

—

 

 

 

238

 

Interest cost

 

 

—

 

 

 

54

 

Actuarial gain

 

 

—

 

 

 

(801

)

Foreign currency exchange rate changes

 

 

—

 

 

 

(24

)

Termination of the Plan

 

 

(530

)

 

 

—

 

Projected benefit obligation, end of fiscal year

 

$

—

 

 

$

530

 

 

 

 

 

 

 

 

 

 

Funded status at end of fiscal year (1)

 

$

—

 

 

$

530

 

 

 

(1)

These unfunded amounts are included in other liabilities, long-term on our consolidated balance sheets for the periods presented.
Components of Net Periodic Benefit Cost of the Pension Plan

The following sets forth the components of our net periodic benefit cost under the pension plan:

 

 

 

January 31,

 

 

 

2018

 

 

2017

 

 

2016

 

 

 

(Amounts in thousands)

 

Service cost

 

$

—

 

 

$

238

 

 

$

288

 

Interest cost

 

 

—

 

 

 

54

 

 

 

51

 

Actuarial gain

 

 

—

 

 

 

(801

)

 

 

(435

)

Net periodic benefit cost

 

$

—

 

 

$

(509

)

 

$

(96

)

 
Details of Weighted Average Assumptions Used in the Accounting for the Pension Plan

Key weighted average assumptions used in the accounting for the pension plan to determine the benefit obligation and net benefit cost were as follows:

 

 

 

January 31,

 

 

 

2018

 

2017

 

Discount rate

 

N/A

 

 

5.72

%

Compensation increase rate

 

N/A

 

 

5.00

%