Quarterly report pursuant to Section 13 or 15(d)

Severance and Restructuring Costs

v3.20.1
Severance and Restructuring Costs
3 Months Ended
Apr. 30, 2020
Restructuring And Related Activities [Abstract]  
Severance and Restructuring Costs

8.

Severance and Restructuring Costs

During the three months ended April 30, 2020, we incurred severance and restructuring costs of $0.5 million, primarily for employee-related termination benefits driven by the COVID-19 pandemic. In fiscal 2020, we continued to streamline our operations and closed our service organizations in Ireland and the Netherlands.

The following table shows the change in accrued restructuring balances since January 31, 2020 primarily related to our fiscal 2020 restructuring efforts, reported as a component of accrued expenses on the consolidated balance sheets:

 

 

 

Employee-

Related

Benefits

 

 

 

(Amounts in thousands)

 

Accrued balance as of January 31, 2020

 

$

744

 

Restructuring charges incurred

 

 

6

 

Cash payments

 

 

(690

)

Other charges

 

 

(9

)

Accrued balance as of April 30, 2020

 

 

51