Qad (QADA) 10-K 16 Apr 18 2018 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($) $ in Billions	12 Months Ended
	Jan. 31, 2018	Mar. 31, 2018	Jul. 31, 2017
Document Information [Line Items]
Entity Registrant Name	QAD INC
Entity Central Index Key	1,036,188
Trading Symbol	qada
Current Fiscal Year End Date	--01-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Public Float			$ 0.3
Document Type	10-K
Document Period End Date	Jan. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY
Amendment Flag	false
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		3,218,246
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		16,042,279

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017
Assets
Cash and equivalents	$ 147,023	$ 145,082
Accounts receivable, net of allowances of $1,763 and $2,205 at January 31, 2018 and 2017, respectively	83,518	69,441
Other current assets	15,856	15,351
Total current assets	246,397	229,874
Property and equipment, net	30,408	30,872
Capitalized software costs, net	990	732
Goodwill	11,023	10,558
Deferred tax assets, net	7,944	6,166
Other assets, net	3,055	2,688
Total assets	299,817	280,890
Liabilities and Stockholders’ Equity
Current portion of long-term debt	466	446
Accounts payable	14,818	11,316
Deferred revenue	116,693	104,125
Other current liabilities	43,460	33,636
Total current liabilities	175,437	149,523
Long-term debt	13,313	13,767
Other liabilities	5,439	4,914
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.001 par value. Authorized 5,000,000 shares; none issued or outstanding
Additional paid-in capital	200,456	197,594
Treasury stock, at cost (892,700 shares and 1,125,552 shares at January 31, 2018 and 2017, respectively)	(12,461)	(15,170)
Accumulated deficit	(75,559)	(61,127)
Accumulated other comprehensive loss	(6,828)	(8,631)
Total stockholders’ equity	105,628	112,686
Total liabilities and stockholders’ equity	299,817	280,890
Common Class A [Member]
Stockholders’ equity:
Common stock value	16	16
Common Class B [Member]
Stockholders’ equity:
Common stock value	$ 4	$ 4

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017
Accounts receivable, net of allowance	$ 1,763	$ 2,205
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Treasury stock (in shares)	892,700	1,125,552
Common Class A [Member]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	71,000,000	71,000,000
Common stock, shares issued (in shares)	16,605,215	16,605,215
Common Class B [Member]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	4,000,000	4,000,000
Common stock, shares issued (in shares)	3,537,380	3,537,380

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Revenue:
Subscription fees	$ 69,615	$ 52,167	$ 38,806
License fees	25,807	23,633	29,891
Maintenance and other	128,142	130,406	132,962
Professional services	81,454	71,767	76,193
Total revenue	305,018	277,973	277,852
Costs of revenue:
Subscription fees	30,563	27,027	20,635
License fees	2,946	2,990	3,624
Maintenance and other	31,246	30,517	30,973
Professional services	84,670	70,317	71,330
Total cost of revenue	149,425	130,851	126,562
Gross profit	155,593	147,122	151,290
Operating expenses
Sales and marketing	75,368	67,194	66,535
Research and development	47,661	43,587	41,237
General and administrative	35,222	32,318	32,689
Amortization of intangible assets from acquisitions	416	659	658
Total operating expenses	158,667	143,758	141,119
Operating (loss) income	(3,074)	3,364	10,171
Other (income) expense:
Interest income	(1,547)	(696)	(320)
Interest expense	669	670	712
Other (income) expense, net	2,012	(436)	(757)
Total other (income) expense, net	1,134	(462)	(365)
(Loss) income before income taxes	(4,208)	3,826	10,536
Income tax expense	4,857	19,276	1,624
Net (loss) income	(9,065)	(15,450)	8,912
Diluted net (loss) income per share:
Net (loss) income	(9,065)	(15,450)	8,912
Other comprehensive income (loss), net of tax
Foreign currency translation adjustment	1,803	98	(1,311)
Total comprehensive (loss) income	(7,262)	(15,352)	7,601
Common Class A [Member]
Other (income) expense:
Net (loss) income	$ (7,762)	$ (13,211)	$ 7,606
Basic net (loss) income per share:
Basic net (loss) income per share (in dollars per share)	$ (0.49)	$ (0.84)	$ 0.49
Diluted net (loss) income per share:
Diluted net (loss) income per share (in dollars per share)	$ (0.49)	$ (0.84)	$ 0.47
Net (loss) income	$ (7,762)	$ (13,211)	$ 7,606
Common Class B [Member]
Other (income) expense:
Net (loss) income	$ (1,303)	$ (2,239)	$ 1,306
Basic net (loss) income per share:
Basic net (loss) income per share (in dollars per share)	$ (0.41)	$ (0.70)	$ 0.41
Diluted net (loss) income per share:
Diluted net (loss) income per share (in dollars per share)	$ (0.41)	$ (0.70)	$ 0.40
Net (loss) income	$ (1,303)	$ (2,239)	$ 1,306

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]Common Class A [Member]	Common Stock [Member]Common Class B [Member]	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Common Class A [Member]	Common Class B [Member]	Total
Balance (in shares) at Jan. 31, 2015	16,152	3,537	(1,610)
Balance at Jan. 31, 2015	$ 16	$ 4	$ (22,977)	$ 185,546	$ (44,606)	$ (7,418)			$ 110,565
Net (loss) income					8,912		$ 7,606	$ 1,306	8,912
Foreign currency translation adjustment						(1,311)			(1,311)
Stock award exercises (in shares)			105
Stock award exercises			$ 2,207	(3,289)	(9)				(1,091)
Stock-based compensation income tax benefits				736					736
Stock compensation expense				7,440					7,440
Dividends declared ($0.288 and $0.24 per Class A and Class B share, respectively)					(5,235)				(5,235)
Proceeds from stock issuance, net of costs (in shares)	450
Proceeds from stock issuance, net of costs				8,365					8,365
Restricted stock (in shares)	2		139
Restricted stock			$ 2,053	(3,378)	(45)				(1,370)
Balance (in shares) (Scenario, Previously Reported [Member]) at Jan. 31, 2016	16,604	3,537	(1,366)
Balance (in shares) at Jan. 31, 2016	16,604	3,537	(1,366)
Balance (Scenario, Previously Reported [Member]) at Jan. 31, 2016	$ 16	$ 4	$ (18,717)	195,420	(40,983)	(8,729)			127,011
Balance (Restatement Adjustment [Member])				388	607				995
Balance at Jan. 31, 2016	$ 16	$ 4	$ (18,717)	195,808	(40,376)	(8,729)			128,006
Net (loss) income					(15,450)		(13,211)	(2,239)	(15,450)
Foreign currency translation adjustment						98			98
Stock award exercises (in shares)			59
Stock award exercises			$ 795	(1,406)					(611)
Stock-based compensation income tax benefits				89					89
Stock compensation expense				7,323					7,323
Dividends declared ($0.288 and $0.24 per Class A and Class B share, respectively)					(5,301)				(5,301)
Restricted stock (in shares)	1		182
Restricted stock			$ 2,752	(4,220)					(1,468)
Balance (in shares) at Jan. 31, 2017	16,605	3,537	(1,125)
Balance at Jan. 31, 2017	$ 16	$ 4	$ (15,170)	197,594	(61,127)	(8,631)			112,686
Net (loss) income					(9,065)		$ (7,762)	$ (1,303)	(9,065)
Foreign currency translation adjustment						1,803			1,803
Stock award exercises (in shares)			63
Stock award exercises			$ 1,129	(2,118)					(989)
Stock compensation expense				8,924					8,924
Dividends declared ($0.288 and $0.24 per Class A and Class B share, respectively)					(5,367)				(5,367)
Restricted stock (in shares)			170
Restricted stock			$ 1,580	(3,944)					(2,364)
Balance (in shares) at Jan. 31, 2018	16,605	3,537	(892)
Balance at Jan. 31, 2018	$ 16	$ 4	$ (12,461)	$ 200,456	$ (75,559)	$ (6,828)			$ 105,628

Consolidated Statements of Sto6

Consolidated Statements of Stockholders' Equity (Parentheticals) - Retained Earnings [Member] - $ / shares	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Common Class A [Member]
Dividends declared, per share (in dollars per share)	$ 0.288	$ 0.288	$ 0.288
Common Class B [Member]
Dividends declared, per share (in dollars per share)	$ 0.24	$ 0.24	$ 0.24

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Cash flows from operating activities:
Net (loss) income	$ (9,065)	$ (15,450)	$ 8,912
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	5,772	6,046	5,785
Provision for doubtful accounts and sales adjustments	1,021	237	774
Loss on disposal of property and equipment	85	41	29
Net change in valuation allowance	1,695	16,861	2,564
Other deferred income taxes	(2,171)	(2,035)	(3,154)
Change in fair value of a derivative instrument	(377)	(485)	48
Stock compensation expense	8,924	7,323	7,440
Changes in assets and liabilities, net of effects from acquisitions:
Accounts receivable	(12,562)	(4,141)	10,804
Other assets	(1,204)	(90)	(2,768)
Accounts payable	2,821	646	(1,441)
Deferred revenue	7,001	7,245	(2,675)
Other liabilities	8,478	2,482	(2,261)
Net cash provided by operating activities	10,418	18,680	24,057
Cash flows from investing activities:
Purchase of property and equipment	(3,720)	(3,267)	(3,208)
Capitalized software costs	(1,019)	(146)	(153)
Other, net	70	7	13
Net cash used in investing activities	(4,669)	(3,406)	(3,348)
Cash flows from financing activities:
Repayments of debt	(445)	(434)	(406)
Dividends paid	(5,367)	(5,301)	(5,235)
Tax payments, net of proceeds, related to stock awards	(3,353)	(2,079)	(2,461)
Payment of contingent liability associated with acquisitions			(750)
Proceeds from issuance of common stock, net of issuance cost			8,365
Net cash used in financing activities	(9,165)	(7,814)	(487)
Effect of exchange rates on cash and equivalents	5,357	(109)	(3,017)
Net increase in cash and equivalents	1,941	7,351	17,205
Cash and equivalents at beginning of year	145,082	137,731	120,526
Cash and equivalents at end of year	147,023	145,082	137,731
Supplemental disclosure of cash flow information:
Interest	651	655	700
Income taxes, net of refunds	$ 3,961	$ 3,396	$ 3,925

Note 1 - Summary of Business an

Note 1 - Summary of Business and Significant Accounting Policies	12 Months Ended
	Jan. 31, 2018
Notes to Financial Statements
Business Description and Accounting Policies [Text Block]	1. BUSINESS QAD is a leading provider of flexible, cloud-based and on-premise enterprise software and services for global manufacturing companies. QAD Enterprise Applications supports operational requirements in the areas of financials, customer management, supply chain, manufacturing, service and support, analytics, business process management and integration. QAD's portfolio includes related solutions for quality management software, supply chain management software, transportation management software and business-to-business interoperability. Since 1979, 1979, 1986 1997. PRINCIPLES OF CONSOLIDATION The consolidated financial statements include the accounts of QAD Inc. and all of its subsidiaries. All subsidiaries are wholly-owned and all significant balances and transactions among the entities have been eliminated from the consolidated financial statements. USE OF ESTIMATES The financial statements have been prepared in conformity with U.S. generally accepted accounting principles and, accordingly, include amounts based on informed estimates and judgments of management that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the Company ’s financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Changes in estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods. The Company considers certain accounting policies related to revenue, accounts receivable allowances for doubtful accounts, goodwill and intangible assets, income taxes, and accounting for stock-based compensation to be critical policies due to the significance of these items to its operating results and the estimation processes and management judgment involved in each. FOREIGN CURRENCY TRANSLATIONS AND TRANSACTIONS The financial position and results of operations of the Company ’s foreign subsidiaries are generally determined using the country’s local currency as the functional currency. Assets and liabilities recorded in foreign currencies are translated at the exchange rates on the balance sheet date. Revenue and expenses are translated at average rates of exchange prevailing during the year. Translation adjustments resulting from this process are charged or credited to other comprehensive (loss) income, which is included in “Accumulated other comprehensive loss” within the Consolidated Balance Sheets. Gains and losses resulting from foreign currency transactions and remeasurement adjustments of monetary assets and liabilities not ’s functional currency are included in earnings. Foreign currency transaction and remeasurement losses (gains) for fiscal 2018, 2017 2016 $2.5 $0.2 0.5 CASH AND EQUIVALENTS Cash and equivalents consist of cash and short-term marketable securities with maturities of less than 90 90 January 31, 2018 2017, ACCOUNTS RECEIVABLE, NET Accounts receivable, net, consisted of the following as of January 31: 2018 2017 (in thousands) Accounts receivable $ 85,281 $ 71,647 Less allowance for: Doubtful accounts (396 ) (1,090 ) Sales adjustments (1,367 ) (1,116 ) Accounts receivable, net $ 83,518 $ 69,441 Trade accounts receivable are recorded at the invoiced amount and do not may not ’s inability to pay. The Company also provides a general reserve based on historical data including analysis of write-offs and other known factors. Provisions to the allowance for bad debts are included as bad debt expense in “General and Administrative” expense. The determination to write-off specific accounts receivable balances is based on the likelihood of collection and past due status. Past due status is based on invoice date and terms specific to each customer. The January 31, 2017 $0.7 2018 $0.7 The Company does not sales adjustments related to customer dispute resolution may FINANCIAL INSTRUMENTS AND CONCENTRATION OF CREDIT RISK The carrying amounts of cash and equivalents, accounts receivable and accounts payable approximate fair value due to the short-term maturities of these instruments. The Company ’s line of credit and note payable both bear a variable market interest rate, subject to certain minimum interest rates. Therefore, the carrying amounts outstanding under the line of credit and note payable reasonably approximate fair value. Concentration of credit risk with respect to trade receivables is limited due to the large number of customers comprising our customer base, and their dispersion across many different industries and locations throughout the world. No 10% ’s total revenue in any of the last three no 10% January 31, 2018 2017. PROPERTY AND EQUIPMENT Property and equipment are stated at cost. Additions and significant improvements to property and equipment are capitalized, while maintenance and repairs are expensed as incurred. For financial reporting purposes, depreciation is generally expensed via the straight-line method over the useful life of three five 10 39 five Certain costs associated with software developed for internal use, including payroll costs for employees, are capitalized once the project has reached the application development stage and are included in property and equipment classified as software. These costs are amortized using the straight-line method over the expected useful life of the software, beginning when the asset is substantially ready for use. Costs incurred during the preliminary project stage, maintenance, training and research and development costs are expensed as incurred. Property and equipment, net consisted of the following as of January 31: 2018 2017 (in thousands) Buildings and building improvements $ 32,444 $ 31,979 Computer equipment and software 17,312 16,027 Furniture and office equipment 7,632 6,748 Leasehold improvements 6,677 5,984 Land 3,850 3,850 Automobiles 54 54 67,969 64,642 Less accumulated depreciation and amortization (37,561 ) (33,770 ) $ 30,408 $ 30,872 The changes in property and equipment, net, for the fiscal years ended January 31 were as follows: 2018 2017 (in thousands) Cost Balance at February 1 $ 64,642 $ 64,925 Additions 3,720 3,267 Disposals (1,874 ) (3,258 ) Impact of foreign currency translation 1,481 (292 ) Balance at January 31 67,969 64,642 Accumulated depreciation Balance at February 1 (33.770 ) (32,845 ) Depreciation (4,562 ) (4,326 ) Disposals 1,719 3,211 Impact of foreign currency translation (948 ) 190 Balance at January 31 (37,561 ) (33,770 ) Property and equipment, net at January 31 $ 30,408 $ 30,872 Depreciation and amortization expense of property and equipment for fiscal 2018, 2017 2016 $4.6 $4.3 $4.0 no 2018, 2017 2016. CAPITALIZED SOFTWARE COSTS The Company capitalizes software development costs incurred in connection with the localization and translation of its products once technological feasibility has been achieved based on a working model. A working model is defined as an operative version of the computer software product that is completed in the same software language as the product to be ultimately marketed, performs all the major functions planned for the product and is ready for initial customer testing (usually identified as beta testing). In addition, the Company capitalizes software purchased from third The amortization of capitalized software costs is the greater of the straight-line basis over three Operations and Comprehensive (Loss) Income. Capitalized software costs and accumulated amortization at January 31 2018 2017 (in thousands) Capitalized software costs: Acquired software technology $ — $ 3,458 Capitalized software development costs 1,516 748 1,516 4,206 Less accumulated amortization (526 ) (3,474 ) Capitalized software costs, net $ 990 $ 732 Acquired software technology costs relate to technology purchased from the Company ’s fiscal 2013 It is the Company ’s policy to write off capitalized software development costs once fully amortized. Accordingly, during fiscal 2018, $3.7 2018. Amortization of capitalized software costs for fiscal 2018, 2017 2016 $0.8 $1.0 $1.1 Estimated amortization expense relating to the Company ’s capitalized software costs as of January 31, 2018 $445,000, $365,000 $180,000 2019, 2020 2021, GOODWILL AND INTANGIBLE ASSETS Goodwill represents the excess of the purchase price over the fair value of net assets of purchased businesses. Goodwill is not may fourth two first not second not first not second second Management evaluates the Company as a single reporting unit for business and operating purposes as almost all of the Company’s revenue streams are generated by the same underlying technology whether acquired, purchased or developed. In addition, the majority of the Company’s costs are, by their nature, shared costs that are not not Judgments about the recoverability of purchased finite lived intangible assets are made whenever events or changes in circumstances indicate that an impairment may Assumptions and estimates about future values and remaining useful lives of intangible assets are complex and subjective. They can be affected by a variety of factors, including external factors such as industry and economic trends and internal factors such as changes in the Company ’s business strategy or internal forecasts. The changes in the carrying amount of goodwill for the fiscal years ended January 31, 2018, 2017 Gross Carrying Amount Accumulated Impairment Goodwill, Net (in thousands) Balance at January 31, 2016 $ 26,253 $ (15,608 ) $ 10,645 Impact of foreign currency translation (87 ) — (87 ) Balance at January 31, 2017 26,166 (15,608 ) 10,558 Impact of foreign currency translation 465 — 465 Balance at January 31, 2018 $ 26,631 $ (15,608 ) $ 11,023 During each of the fourth 2018, 2017 2016, November 30. no 2018, 2017 2016. Intangible assets were as follows: January 31, 2017 (in thousands) Amortizable intangible assets Customer relationships $ 2,721 Trade name 515 3,236 Less: accumulated amortization (2,821 ) Net amortizable intangible assets $ 415 The Company ’s intangible assets as of January 31, 2017 2013. January 31, 2018, Amortization of intangible assets was $0.4 2018 $0.7 2017 2016. INCOME TAXES Income tax expense includes U.S. (federal and state) and foreign income taxes. Tax legislation commonly known as the Tax Cuts and Jobs Act of 2017 one no not Deferred tax assets and liabilities reflect the effects of temporary differences between the carrying amounts of assets and liabilities and their tax bases and are stated at enacted tax rates expected to be in effect when taxes are actually paid or recovered. Deferred tax assets are evaluated for future realization and reduced by a valuation allowance to the extent the Company believes they will not The Company utilizes a two first not second 50% may may not STOCK-BASED COMPENSATION The Company accounts for share-based payments (“equity awards”) to employees in accordance with ASC 718, Compensation—Stock Compensation 718” Fair Value of RSUs The fair value of restricted stock units (“RSUs”) is determined on the grant date of the award as the market price of the Company ’s common stock on the date of grant, reduced by the present value of estimated dividends foregone during the vesting period. Judgment is required in determining the present value of estimated dividends foregone during the vesting period. The Company estimates the dividends for purposes of this calculation based on the Company’s historical dividend payments per share, which has remained consistent over the last three Fair Value of SARs The fair value of stock-settled stock appreciation rights (“SARs”) is determined on the grant date of the award using the Black-Scholes-Merton valuation model. One of the inputs to the Black-Scholes-Merton valuation model is the fair market value of the Company ’s stock on the date of grant. Judgment is required in determining the remaining inputs to the Black-Scholes-Merton valuation model. These inputs include the expected life, volatility, the risk-free interest rate and the dividend rate. The following describes the Company’s policies with respect to determining these valuation inputs: Expected Life - The expected life valuation input includes a computation that is based on historical vested SAR exercises and post-vest expiration patterns and an estimate of the expected life for SARs that were fully vested and outstanding. Furthermore, based on the Company’s historical pattern of SAR exercises and post-vest expiration patterns the Company determined that there are two Volatility - The volatility valuation input is based on the historical volatility of the Company’s common stock, which the Company believes is representative of the expected volatility over the expected life of SARs. Risk-Free Interest Rate - The risk-free interest rate is based on the U.S. Treasury constant maturities in effect at the time of grant for the expected term of the SAR. Dividend Ra te - The dividend rate is based on the Company’s historical dividend payments per share. The Company records deferred tax assets for equity awards that result in deductions on its income tax returns, based on the amount of stock-based compensation recognized and the fair values attributable to the vested portion of those equity awards. Because the deferred tax assets the Company records are based upon the stock-based compensation expenses in a particular jurisdiction, the aforementioned inputs that affect the fair values of equity awards may COMPREHENSIVE (LOSS) INCOME Comprehensive (loss) income includes changes in the balances of items that are reported directly as a separate component of Stockholders’ Equity on the Consolidated Balance Sheets. The components of comprehensive (loss) income are net (loss) income and foreign currency translation adjustments. The Company does not not REVENUE The Company o ffers its software using two not Revenue is recognized when 1 2 3 4 four not Revenue is presented net of sales, use and value-added taxes collected from customers. Software Revenue Recognition (On-Premise Model) The majority of the Company’s software is sold or licensed in multiple-element arrangements that include support services and often consulting services or other elements. Delivery of software is considered to have occurred upon electronic transfer of the license key that provides immediate availability of the product to the purchaser. Determining whether and when some of the above noted revenue recognition criteria have been satisfied often involves assumptions and judgments that can have a significant impact on the timing and amount of revenue reported. Typical payment terms vary by region. Occasionally, payment terms of up to one may Provided all other revenue recognition criteria have been met, the Company recognizes license revenue on delivery using the residual method when VSOE exists for all of the undelivered elements (for example, support services, consulting, or other services) in the arrangement. Revenue is allocated to each undelivered element based on VSOE, which is the price charged when that element is sold separately or, for elements not not one may Multiple-element software arrangements for which VSOE does not the Company introduces a new product or product bundles for which the Company has not no Revenue from support services and product updates, referred to as maintenance revenue, is recognized ratably over the term of the maintenance period, which in most instances is one Customers generally purchase both product support and license updates when they acquire new software licenses. In addition, a majority of customers renew their support services contracts annually. The Company occasionally resells third 605 45, Revenue Recognition – Principal Agent Considerations. The Company executes arrangements through indirect sales channels via sales agents and distributors in which the indirect sales channels are authorized to market the Company’s software products to end users. In arrangements with sales agents, revenue is recognized on a sell-through basis once an order is received from the end user, collectability from the end user is probable, a signed license agreement from the end user has been received, delivery has been made to the end user and all other revenue recognition criteria have been satisfied. Sales agents are compensated on a commission basis. Distributor arrangements are those in which the resellers are authorized to market and distribute our software products to end users in specified territories and the distributor bears the risk of collection from the end user customer. The Company recognizes revenue from transactions with distributors when the distributor submits a written purchase commitment, collectability from the distributor is probable, a signed license agreement is received from the distributor and delivery has occurred to the distributor, provided that all other revenue recognition criteria have been satisfied. Revenue from distributor transactions is recorded on a net basis (the amount actually received by the Company from the distributor). The Company does not Subscription Revenue Recognition The Company recognizes the following fees in subscription revenue: i) subscription fees from customers accessing the Company’s cloud and other subscription offerings, ii) transition fees for services such as set up, configuration, database conversion and migration, and iii) support fees on hosted products. Subscription arrangements do not Subscription revenue is recognized ratably over the initial subscription period committed to by the customer commencing when the customer has been given access to the cloud environment. Transition fees are recognized over the estimated life of the customer relationship once the customer has gone live. The initial subscription period is typically 12 60 Subscription services are non-cancelable, though customers typically have the right to terminate their contracts if we materially fail to perform. The Company generally invoices customers in advance in quarterly or annual installments and typical payment terms provide that customers pay the Company within 30 The Company may - may may 605 25, Revenue Recognition - Multiple Deliverable Revenue Arrangements third not third not third - - may For multiple-element arrangements that may Professional Services Revenue from consulting services, which the Company calls professional services in the Consolidated Statements of Income and Comprehensive Income, are typically comprised of implementation, development, training or other consulting services sold along with on-premise and cloud Consulting services are generally sold on a time-and-materials basis and can include services ranging from software installation to data conversion and building non-complex interfaces to allow the software to operate in integrated environments. The Company recognizes revenue for time-and-materials as the services are performed or upon written acceptance from customers, if applicable, assuming all other conditions for revenue recognition have been met. Consulting engagements can range anywhere from one not not ADVERTISING EXPENSES Advertising costs are expensed as incurred. Advertising expenses were $0.7 $1.1 $0.9 2018, 2017 2016. RESEARCH AND DEVELOPMENT All costs incurred to establish the technological feasibility of the Company’s software products are expensed to research and development (“R&D”) as incurred. R&D expenses totaled $47.7 $43.6 $41.2 2018, 2017 2016, OTHER (INCOME) EXPENSE, NET The components of other (income) expense, net for fiscal 2018, 2017 2016 Years Ended January 31, 201 8 201 7 201 6 (in thousands) Interest income $ (1,547 ) $ (696 ) $ (320 ) Interest expense 669 670 712 Fore ign exchange losses (gains) 2,466 180 (503 ) Change in fair value of interest rate swap (377 ) (485 ) 48 Other income, net (77 ) (131 ) (302 ) Total other expense (income), net $ 1,134 $ (462 ) $ (365 ) COMPUTATION OF NET (LOSS) INCOME PER SHARE Net (loss) income per share of Class A common stock and Class B common stock is computed using the two 120% The following table sets forth the computation of basic and diluted net (loss) income per share: Years Ended January 31, 2018 2017 2016 (in thousands, except per share data) Net (loss) income $ (9,065 ) $ (15,450 ) $ 8,912 Less: dividends declared (5,367 ) (5,301 ) (5,235 ) Undistributed net (loss) income $ (14,432 ) $ (20,751 ) $ 3,677 Net (loss) income per share – Class A Common Stock Dividends declared $ 4,596 $ 4,531 $ 4,466 Allocation of undistributed net (loss) income (12,358 ) (17,742 ) 3,140 Net (loss) income attributable to Class A common stock $ (7,762 ) $ (13,211 ) $ 7,606 Weighted average shares of Class A common stock outstanding — basic 15,942 15,715 15,466 Weighted average potential shares of Class A common stock — — 758 Weighted average shares of Class A common stock and potential common shares outstanding — diluted 15,942 15,715 16,224 Basic net (loss) income per Class A common share $ (0.49 ) $ (0.84 ) $ 0.49 Diluted net (loss) income per Class A common share $ (0.49 ) $ (0.84 ) $ 0.47 Net (loss) income per share – Class B Common Stock Dividends declared $ 771 $ 770 $ 769 Allocation of undistributed net (loss) income (2,074 ) (3,009 ) 537 Net (loss) income attributable to Class B common stock $ (1,303 ) $ (2,239 ) $ 1,306 Weighted average shares of Class B common stock outstanding — basic 3,213 3,206 3,201 Weighted average potential shares of Class B common stock — — 82 Weighted average shares of Class B common stock and potential common shares outstanding — diluted 3,213 3,206 3,283 Basic net (loss) income per Class B common share $ (0.41 ) $ (0.70 ) $ 0.41 Diluted net (loss) income per Class B common share $ (0.41 ) $ (0.70 ) $ 0.40 Potential common shares consist of the shares issuable upon the release of restricted stock units (“RSUs”) and the exercise of stock options and stock appreciation rights (“SARs”). The Company ’s unvested RSUs, unexercised stock options and unexercised SARs are not not The following table sets forth the number of potential common shares not Years Ended January 31, 2018 2017 2016 (in thousands) Class A 3,236 2,985 528 Class B 380 378 99 RECENT ACCOUNTING PRONOUNCEMENTS With the exception of those discussed below, there have been no fiscal year ended January 31, 2018, Accounting Standards Adopted In March 2016, ASU 2016 09 718, Improvements to Employee Share-Based Payment Accounting no The Company elected to early adopt the new guidance in the third 2017 February 1, 2016, 2017. $2.2 $1.2 $1.0 The Company elected to account for forfeitures as they occur using a modified retrospective transition method, which resulted in a cumulative-effect adjustment of $0.4 February 1, 2016 no February 1, 2016 not The Company elected to apply the presentation requirements for cash flows related to excess tax benefits retrospectively to all periods presented which resulted in an increase to net cash provided by operating activities and a decrease to net cash used in financing of $0.8 2016. no In April 2015, 2015 03 Interest - Imputation of Interest (Subtopic 2015 03 , not 2015 03. December 15, 2015, first 2017. not In August 2015, 2015 15, Interest-Imputation of Interest (Subtopic 835 30 2015 03 not not first 2017. not In November 2015, 2015 17, Balance Sheet Classification of Deferred Taxes , 2015 17 February 1, 2017. fourth 2017 not Accounting Standards Not In January 2017, 2017 01, Business Combinations: Clarifying the Definition of a Business, February 1, 2018. 2017 01 In January 2017, 2017 04, Intangibles—Goodwill and Other (Topic 350 2 zero 2 February 1, 2020. not 2017 04 In October 2016, 2016 16, Income Taxes: Intra-Entity Transfers of Assets Other than Inventory 2016 16 February 1, 2018. In February 2016, 2016 02, Leases (Topic 842 2016 02 2016 02 first 2020 2016 02 2016 02. In May 2014, 2014 09, Revenue from Contracts with Customers (Topic 606 606” not 606 The Company is continuing to assess the impact of adopting ASC Topic 606 ● Removal of vendor specific objective evidence under current software revenue recognition will result in earlier recognition of license revenues in those instances where the Company sold a multi-element deal where services and/or maintenance did not ● Removal of the current limitation on contingent revenue will result in revenue being recognized earlier for certain contracts; ● Commission expense related to new cloud and first no five ● Sales agent fees to obtain new cloud and first no five ● Cloud environment set up costs will no five The Company has identified changes to its accounting policies and practices and controls to support the new revenue recognition standard. Implementation of the policy and control changes are in progress along with the Company’s continued assessment of potential changes to its disclosures under the new guidance. The Company is currently assessing the tax impact from adoption. The two 606 606 606 December 15, 2017. 606 February 1, 2018 The adoption of ASC Topic 606 February 1, 2018,

Note 2 - Fair Value Measurement

Note 2 - Fair Value Measurements	12 Months Ended
	Jan. 31, 2018
Notes to Financial Statements
Fair Value, Measurement Inputs, Disclosure [Text Block]	2. When determining fair value, the Company uses a three not • Level 1 • Level 2 The following table sets forth the financial assets and liabilities, measured at fair value, as of January 31, 2018 January 31, 2017: Fair value measurement at reporting date using Quoted Prices in Active Significant Other Significant Unobservable (in thousands) Money market mutual funds as of January 31, 2018 $ 115,416 Money market mutual funds as of January 31, 2017 $ 116,043 Asset related to the interest rate swap as of January 31, 2018 $ 187 Liability related to the interest rate swap as of January 31, 2017 $ (190 ) Money market mutual funds are classified as part of “Cash and equivalents” in the accompanying Consolidated Balance Sheets. The amount of cash and equivalents deposited with commercial banks was $32 $29 January 31, 2018 January 31, 2017, The Company ’s note payable bears a variable market interest rate commensurate with the Company’s credit standing. Therefore, the carrying amount outstanding under the note payable reasonably approximates fair value based on Level 2 There have been no 12 months ended January 31, 2018. Derivative Instruments The Company entered into an interest rate swap in May 2012 one 8 The fair values of the derivative instrument at January 31, 2018 January 31, 2017 Asset (Liability) Fair Value Balance Sheet Location January 31, 2018 January 31, 2017 Derivative instrument: Interest rate swap Other assets (liabilities) net $ 187 $ (190 ) Total $ 187 $ (190 ) The change in fair value of the interest rate swap recognized in the Consolidated Statement of Operations and Comprehensive (Loss) Income for the twelve January 31, 2018, 2017 2016 $377,000, $485,000 48,000

Note 3 - Income Taxes

Note 3 - Income Taxes	12 Months Ended
	Jan. 31, 2018
Notes to Financial Statements
Income Tax Disclosure [Text Block]	3. On December 22, 2017, 21%. one 15.5%. The Tax Act significantly changes how the U.S. taxes corporations. The Tax Act requires complex computations to be performed that were not No. 118 Income Tax Accounting Implications of the Tax Cuts and Jobs Act 118” not one 118. The Company recorded an estimated one $10 $64 $5.6 $1.6 $4.1 $2.0 may eight may 2019. not Consolidated net (loss)/income before income taxes is summarized as follows: Years Ended January 31, 2018 2017 2016 (in thousands) Domestic net (loss) income before income taxes $ (4,793 ) $ (3,774 ) $ (7,835 ) Foreign net (loss) income before income taxes 585 7,600 18,371 Consolidated net (loss) income before income taxes $ (4,208 ) $ 3,826 $ 10,536 Income tax expense (benefit) is summarized as follows: Years Ended January 31, 2018 2017 2016 (in thousands) Current: U.S. federal $ 2,862 $ 437 $ (1,656 ) State 38 30 26 Foreign 2,433 3,894 2,591 Subtotal 5,333 4,361 961 Deferred: U.S. federal (519 ) 11,564 (956 ) State 19 3,610 303 Foreign 24 (348 ) 63 Subtotal (476 ) 14,826 (590 ) Equity adjustment — 89 1,253 Total $ 4,857 $ 19,276 $ 1,624 Actual income tax expense differs from that obtained by applying the statutory federal income tax rate of 34% Years Ended January 31, 2018 2017 2016 (in thousands) Computed expected tax expense (benefit) $ (1,431 ) $ 1,301 $ 3,582 State income taxes, net of federal income tax expense (157 ) (54 ) 252 Incremental tax expense (benefit) from foreign operations 923 137 (2,548 ) Non-deductible equity compensation (1,004 ) (29 ) 254 Foreign withholding taxes 794 676 968 Net change in valuation allowance 5,448 16,861 2,564 Net change in contingency reserve (81 ) 198 (379 ) Non-deductible expenses (407 ) 660 621 Benefit of tax credits (1,766 ) (1,243 ) (3,186 ) Subpart F income 302 345 254 Rate change impact 187 19 193 Benefit from liquidation utilized — — (1,321 ) U.S. Tax Reform (the “Tax Act”) 1,951 — — Other 98 405 370 Total $ 4,857 $ 19,276 $ 1,624 The Company files U.S. federal, state, and foreign tax returns that are subject to audit by various tax authorities. The Company is currently under audit in: ● India for fiscal years ended March 31, 2010, 2011, 2013, 2014 ● Iowa for fiscal year ended January 31, 2014 ● Kentucky for fiscal year ended January 31, 2016 ● Netherlands for fiscal year ended January 31, 2016 During fiscal 2018, no ● India for fiscal years ended March 31, 1998, 1999 2015 ● China for calendar years ended December 31, 2015 2016 As of January 31, 2018, 23 $81 January 31, 2018. not Deferred income taxes reflect the net effects of the temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The Tax Act reduces the U.S. statutory tax rate from 35% 21% 2017. January 31, 2018 Significant components of the Company ’s deferred tax assets and liabilities are as follows: January 31, 2018 2017 (in thousands) Deferred tax assets: Allowance for doubtful accounts and sales adjustments $ 367 $ 356 Accrued vacation 1,590 2,033 Tax credits 18,583 13,116 Deferred revenue 3,493 3,465 Net operating loss carry forwards 10,337 10,255 Accrued expenses - other 1,849 1,695 Other comprehensive income 1,164 — Section 263(a) interest capitalization 206 322 Equity compensation 4,380 5,399 Other 1,243 2,039 Total deferred tax assets 43,212 38,680 Less valuation allowance (33,665 ) (29,868 ) Less netting of unrecognized tax benefits against deferred tax assets (930 ) (954 ) Deferred tax assets, net of valuation allowance $ 8,617 $ 7,858 Deferred tax liabilities: Depreciation and amortization (442 ) (630 ) Other comprehensive income — (1,009 ) Other (231 ) (53 ) Total deferred tax liabilities (673 ) (1,692 ) Total net deferred tax assets $ 7,944 $ 6,166 The Company reviews its net deferred tax assets by jurisdiction on a quarterly basis to determine whether a valuation allowance is necessary based on the more-likely-than- not 2017, three 2018, not January 31, 2018 2017, $33.7 $29.9 The Company has gross net operating loss carryforwards of $36.7 $20.2 January 31, 2018. not 2028, 2038 not During the fiscal year ended January 31, 2018, $0.1 may twelve ’s Consolidated Balance Sheet while the remainder is classified as long-term. The following table reconciles the gross amounts of unrecognized tax benefits at the beginning and end of the period: Years Ended January 31, 2018 2017 (in thousands) Unrecognized tax benefits at beginning of the year $ 1,743 $ 1,545 Decreases as a result of tax positions taken in a prior period (115 ) (79 ) Increases as a result of tax positions taken in the prior period 58 365 Reduction as a result of a lapse of the statute of limitations (24 ) (88 ) Unrecognized tax benefit at end of year $ 1,662 $ 1,743 All of the unrecognized tax benefits included in the balance sheet at January 31, 2018 The total amount of interest recognized in the Consolidated Statement of Operations and Comprehensive (Loss) Income for unpaid taxes was $39,000 January 31, 2018. January 31, 2018 $0.3 The Company files U.S. federal, state, and foreign income tax returns in jurisdictions with varying statute of limitations. The years that may 2018: Jurisdiction Years Open for Audit U.S. Federal FY15 and beyond California FY14 and beyond Michigan FY14 and beyond New Jersey FY14 and beyond Australia FY14 and beyond France FY15 and beyond India FY10, FY11, FY13, and FY14 Ireland FY14 and beyond United Kingdom FY17 and beyond

Note 4 - Stockholders' Equity

Note 4 - Stockholders' Equity	12 Months Ended
	Jan. 31, 2018
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	4. ’ EQUITY Common Stock The Company has two one 1/20th one may no The amount of any dividend payable in cash or non-cash property of the Company (other than a dividend payable solely in the Company ’s capital stock) with respect to each share of Class A Common Stock is equal to 120% not Dividends The following table sets forth the dividends declared and paid by the Company during fiscal 2018: Declaration Date Record Date Payable Dividend Class A Dividend Class B (in thousands) 12 /12/2017 12/26/2017 1/4/2018 $ 0.072 $ 0.06 $ 1,346 9/12/2017 9/26/2017 10/3/2017 $ 0.072 $ 0.06 $ 1,346 6/13/2017 6/27/2017 7/6/2017 $ 0.072 $ 0.06 $ 1,344 4/11/2017 4/25/2017 5/2/2017 $ 0.072 $ 0.06 $ 1,331

Note 5 - Stock-based Compensati

Note 5 - Stock-based Compensation	12 Months Ended
	Jan. 31, 2018
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	5. Stock Plans On June 14, 2016, 2016 “2016 2016 4,000,000 2016 July 1, 2016, 2006 January 31, 2018, 3,321,000 The Company issues restricted stock units (“RSUs”) to employees with the exception of the CEO and President of the Company. RSUs granted to employees under the 2016 2006 25% four January 31, 2018, 281,000 2016 372,000 2006 The Company also issues equity awards in the form of stock-settled SARs to the CEO and President of the Company. A SAR is a contractual right to receive value tied to the post-grant appreciation of the underlying stock. Although the Company has the ability to grant stock-settled or cash-settled SARs, the Company has only granted stock-settled SARs. Upon vesting, a holder of a stock-settled SAR receives shares in the Company ’s common stock equal to the intrinsic value of the SAR at time of exercise. Under the 2006 eight 25% four not 718, January 31, 2018, 380,000 2016 January 31, 2018, 2,276,000 368,000 2006 Equity compensation is also issued to non-employee Board members that are newly-appointed or reelected at the Annual Meeting of Stockholders. They are granted Class A shares as stock payments that are fully vested on the date of grant. Equity awards to non-employee Board members are limited to $250,000 Under the 2016 2016 may one Stock- Based Compensation The following table sets forth reported stock compensation expense included in the Company ’s Consolidated Statements of Operations and Comprehensive (Loss) Income for the fiscal years ended January 31, 2018, 2017 2016: Years Ended January 31, 2018 2017 2016 (in thousands) Stock-based compensation expense: Cost of subscription $ 161 $ 113 $ 76 Cost of maintenance and other revenue 384 299 271 Cost of professional services 1,085 848 739 Sales and marketing 1,510 1,200 1,377 Research and development 1,226 1,009 900 General and administrative 4,558 3,854 4,077 Total stock-based compensation expense $ 8,924 $ 7,323 $ 7,440 RSU Information The following table summarizes the activity for RSUs for the fiscal years ended January 31, 2018, 2017 2016: RSUs (in thousands) Weighted Average Restricted stock at January 31, 2015 503 $ 16.27 Granted 326 24.75 Released (1) (192 ) 15.58 Forfeited (20 ) 18.93 Restricted stock at January 31, 2016 617 $ 20.91 Granted 307 18.54 Released (1) (259 ) 18.96 Forfeited (42 ) 20.69 Restricted stock at January 31, 2017 623 $ 20.56 Granted 295 30.69 Released (1) (245 ) 20.48 Forfeited (20 ) 22.36 Restricted stock at January 31, 2018 653 $ 25.10 ( 1 The number of RSUs released includes shares withheld on behalf of employees to satisfy minimum statutory tax withholding requirements. During the fiscal years ended January 31, 2018, 2017 2016, 74,000 75,000 52,000 January 31, 2018, 2017 2016 $2.4 $1.5 $1.4 Total unrecognized compensation cost related to RSUs was approximately $12.5 January 31, 2018. 2.7 SAR Information The weighted average assumptions used to value SARs are shown in the following table. Years Ended January 31, 2018 2017 2016 Expected life in years 5.50 5.25 5.00 Risk free interest rate 1.82 % 1.16 % 1.64 % Volatility 33 % 36 % 41 % Dividend rate 0.91 % 1.51 % 1.10 % The following table summarizes the activity for outstanding SARs for the fiscal years ended January 31, 2018, 2017 2016: Options/ SARs Weighted Average Weighted Average Aggregate Intrinsic Outstanding at January 31, 2015 2,499 $ 12.69 Granted 380 25.34 Exercised (266 ) 10.69 Expired (12 ) 14.22 Forfeited (5 ) 12.05 Outstanding at January 31, 2016 2,596 $ 14.74 Granted 380 18.64 Exercised (158 ) 10.94 Expired (17 ) 12.56 Forfeited (8 ) 12.09 Outstanding at January 31, 2017 2,793 $ 15.51 Granted 380 31.65 Exercised (139 ) 10.52 Expired (10 ) 9.74 Outstanding at January 31, 2018 3,024 $ 17.78 4.0 $ 72,901 Vested and exercisable at January 31, 2018 2,073 $ 14.25 2.9 $ 57,045 The aggregate intrinsic value in the table above represents the total pretax intrinsic value (the aggregate difference between the closing stock price of the Company ’s common stock based on the last trading day as of January 31, 2018 January 31, 2018. January 31, 2018, 2017 2016 $3.0 $2.1 $3.7 January 31, 2018, 2017 2016 $9.59, $5.43 $8.70, The number of SARs exercised includes shares withheld on behalf of employees to satisfy minimum statutory tax withholding requirements. During the fiscal years ended January 31, 2018, 2017 2016, 31,000, 25,000 44,000 January 31, 2018, 2017 2016 $1.0 $0.6 $1.1 At January 31, 2018, $5.7 2.6

Note 6 - Deferred Revenues

Note 6 - Deferred Revenues	12 Months Ended
	Jan. 31, 2018
Notes to Financial Statements
Deferred Revenue Disclosure [Text Block]	6. Deferred revenues consisted of the following: January 31, 201 8 201 7 (in thousands) Deferred maintenance $ 80,811 $ 78,923 Deferred subscription 31,034 20,389 Deferred professional services 3,523 2,550 Deferred license 756 1,740 Deferred other revenue 569 523 Deferred revenues, current 116,693 104,125 Deferred revenues, non-current (in Other liabilities) 2,156 2,353 Total deferred revenues $ 118,849 $ 106,478 Deferred maintenance and subscription represent billings and customer payments made in advance for support and subscription contracts. Support and subscription are billed in advance with corresponding revenues being recognized ratably over the support and subscription periods. Support is typically billed annually while subscription is billed quarterly or annually. Deferred license results from undelivered products or specified enhancements, customer specific acceptance provisions and software license transactions that cannot be segmented from undelivered consulting or other services. Deferred professional services revenues represent both prepayments for our professional services where revenues for these services are generally recognized as the Company completes the performance obligations for the prepaid services and services already provided but deferred due to software revenue recognition rules.

Note 7 - Other Balance Sheet Ac

Note 7 - Other Balance Sheet Accounts	12 Months Ended
	Jan. 31, 2018
Notes to Financial Statements
Other Balance Sheet Accounts [Text Block]	7. January 31, 201 8 201 7 (in thousands) Other current assets Deferred cost of revenues $ 8,330 $ 8,194 Prepaid expenses 5,847 4,879 Income tax receivable, net of payables 213 928 Other 1,466 1,350 $ 15,856 $ 15,351 Other assets, net Other intangibles, net $ — $ 415 Long-term deposits and prepaid expenses 2,463 1,323 Fair value of interest rate swap 187 — Other long-term assets 405 950 $ 3,055 $ 2,688 Accounts payable Trade payables $ 9,346 $ 7,392 VAT payable 5,472 3,924 $ 14,818 $ 11,316 Other current liabilities Accrued commissions and bonus $ 18,039 $ 13,449 Accrued compensated absences 9,177 8,346 Other accrued payroll 6,038 4,477 Accrued professional fees 1,884 1,709 Accrued travel 1,839 1,304 Accrued contract labor 2,655 812 Other current liabilities 3,828 3,539 $ 43,460 $ 33,636 Other liabilities Long-term deferred revenue $ 2,156 $ 2,353 Fair value of interest rate swap — 190 Long-term tax contingency reserve 688 764 Lease restoration obligations 859 736 Other 1,736 871 $ 5,439 $ 4,914

Note 8 - Debt

Note 8 - Debt	12 Months Ended
	Jan. 31, 2018
Notes to Financial Statements
Debt Disclosure [Text Block]	8. January 31, 2018 2017 (in thousands) Note payable $ 13,825 $ 14,269 Less current maturities (466 ) (446 ) Less loan origination costs, net (46 ) (56 ) Long-term debt $ 13,313 $ 13,767 Note Payable Effective May 30, 2012, “2012 2012 $16.1 one 2.25%. 1.56 January 31, 2018. 2012 June 2022 ’s headquarters located in Santa Barbara, California. In conjunction with the 2012 $16.1 4.31% 2012 2012 $88,100 one $11.7 January 31, 2018 $13.8 The Company had a U.S. line of credit facility with Rabobank that permitted unsecured short-term borrowings of up to $20 not three July, 2017 not

Note 9 - Accumulated Other Comp

Note 9 - Accumulated Other Comprehensive Loss	12 Months Ended
	Jan. 31, 2018
Notes to Financial Statements
Accumulated Other Comprehensive Income (Loss) [Text Block]	9. The components of accumulated other comprehensive loss, net of taxes, were as follows: Foreign Currency Translation Adjustments (in thousands) Balance as of January 31, 2017 $ (8,631 ) Other comprehensive loss before reclassifications 1,803 Amounts reclassified from accumulated other comprehensive loss — Net current period other comprehensive loss 1,803 Balance as of January 31, 2018 $ (6,828 ) During fiscal 2018 no

Note 10 - Employee Benefit Plan

Note 10 - Employee Benefit Plans	12 Months Ended
	Jan. 31, 2018
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	10. The Company has a defined contribution 401 30 may 75% ’ contributions up to the first four five 2018, 2017 2016 $2.2 $2.1 $1.8 Various QAD foreign subsidiaries also contribute to defined contribution pension plans. Employer contributions in these plans are generally based on employee salary and range from 3% 20%. $5.3 2018 $4.8 2017 2016.

Note 11 - Commitments and Conti

Note 11 - Commitments and Contingencies	12 Months Ended
	Jan. 31, 2018
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	11. Lease Obligations The Company leases certain office facilities, office equipment and automobiles under operating lease agreements. The leases generally provide that the Company pays taxes, insurance and maintenance expenses related to the leased assets. Total rent expense for fiscal years 2018, 2017 2016 $4.9 $4.9 $5.0 one January 31, 2018 2019 $ 6.0 2020 4.3 2021 2.5 2022 0.8 2023 0.5 Thereafter 0.2 $ 14.3 Purchase Obligations At January 31, 2018, $13.0 not Indemnifications The Company sells software licenses and services to its customers under written agreements. Each agreement contains the relevant terms of the contractual arrangement with the customer and generally includes certain provisions for indemnifying the customer against losses, expenses and liabilities from damages that may ’s software is found to infringe upon certain intellectual property rights of a third The Company believes its internal development processes and other policies and practices limit its exposure related to the indemnification provisions of the agreements. For several reasons, including the lack of prior indemnification claims and the lack of a monetary liability limit for certain infringement cases under the agreements, the Company cannot determine the maximum amount of potential future payments, if any, related to such indemnification provisions. Legal Actions The Company is subject to various legal proceedings and claims, either asserted or unasserted, which arise in the ordinary course of business. While the outcome of these claims cannot be predicted with certainty, management does not ’s consolidated results of operations, financial position or liquidity.

Note 12 - Business Segment Info

Note 12 - Business Segment Information	12 Months Ended
	Jan. 31, 2018
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	12. The Company markets its products and services worldwide, primarily to companies in the manufacturing industry, including automotive, consumer products, food and beverage, high technology, industrial products and life sciences industries. The Company sells and licenses its products through its direct sales force in four third ’s Chief Operating Decision Maker, the Chief Executive Officer, reviews the consolidated results within one Subscription, license and m aintenance revenues are generally assigned to the region where a majority of the end users are located. Services revenue is assigned based on the region where the services are delivered. P roperty and equipment, net are assigned by geographic region based on the location of each legal entity. Years Ended January 31, 2018 2017 2016 (in thousands) Revenue: North America (1) $ 141,614 $ 129,436 $ 127,776 EMEA 89,693 81,765 84,268 Asia Pacific 50,689 47,742 46,457 Latin America 23,022 19,030 19,351 $ 305,018 $ 277,973 $ 277,852 January 31, 2018 2017 (in thousands) Property and equipment, net: North America $ 25,546 $ 26,601 EMEA 3,444 2,861 Asia Pacific 1,141 1,075 Latin America 277 335 $ 30,408 $ 30,872 ( 1 Sales into Canada accounted for 2% 201 8, 2017 2016.

Note 13 - Quarterly Information

Note 13 - Quarterly Information (Unaudited)	12 Months Ended
	Jan. 31, 2018
Notes to Financial Statements
Quarterly Financial Information [Text Block]	13. Quarters Ended April 30 July 31 Oct. 31 Jan. 31 (in thousands, except per share data) Fiscal 2018 Total revenue $ 71,382 $ 75,958 $ 76,925 $ 80,753 Total costs and expenses 72,741 75,415 76,495 83,441 Gross margin 36,516 39,264 38,879 40,934 Operating (loss) income (1,359 ) 543 430 (2,688 ) Net loss (2,571 ) (1,161 ) (161 ) (5,172 ) Basic net loss per share Class A $ (0.14 ) $ (0.06 ) $ (0.01 ) $ (0.28 ) Class B (0.12 ) (0.05 ) (0.01 ) (0.23 ) Diluted net loss per share Class A $ (0.14 ) $ (0.06 ) $ (0.01 ) $ (0.28 ) Class B (0.12 ) (0.05 ) (0.01 ) (0.23 ) Fiscal 2017 Total revenue $ 65,397 $ 69,778 $ 69,534 $ 73,264 Total costs and expenses 68,390 69,816 67,275 69,128 Gross margin 33,259 36,974 36,477 40,412 Operating (loss) income (2,993 ) (38 ) 2,259 4,136 Net (loss) income (2,792 ) 968 1,533 (15,159 ) Basic net (loss) income per share Class A $ (0.15 ) $ 0.05 $ 0.08 $ (0.82 ) Class B (0.13 ) 0.04 0.07 (0.68 ) Diluted net (loss) income per share Class A $ (0.15 ) $ 0.05 $ 0.08 $ (0.82 ) Class B (0.13 ) 0.04 0.07 (0.68 )

Schedule II - Schedule of Valua

Schedule II - Schedule of Valuation and Qualifying Accounts	12 Months Ended
	Jan. 31, 2018
Notes to Financial Statements
Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]	SCHEDULE II SCHEDULE OF VALUATION AND QUALIFYING ACCOUNTS Balance at Beginning Charged to Statements Write-Offs, Net of Impact of Foreign Balance at End of Year ended January 31, 2016 Allowance for bad debt 1,194 78 (5 ) (25 ) 1,242 Allowance for sales adjustments 1,330 696 (555 ) (71 ) 1,400 Total allowance for doubtful accounts $ 2,524 $ 774 $ (560 ) $ (96 ) $ 2,642 Year ended January 31, 2017 Allowance for bad debt 1,242 40 (184 ) (8 ) 1,090 Allowance for sales adjustments 1,400 197 (472 ) (10 ) 1,115 Total allowance for doubtful accounts $ 2,642 $ 237 $ (656 ) $ (18 ) $ 2,205 Year ended January 31, 2018 Allowance for bad debt 1,090 98 (834 ) 42 396 Allowance for sales adjustments 1,115 923 (733 ) 62 1,367 Total allowance for doubtful accounts $ 2,205 $ 1,021 $ (1,567 ) $ 104 $ 1,763 See accompanying report of independent registered public accounting firm.

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Jan. 31, 2018
Accounting Policies [Abstract]
Business Description [Policy Text Block]	BUSINESS QAD is a leading provider of flexible, cloud-based and on-premise enterprise software and services for global manufacturing companies. QAD Enterprise Applications supports operational requirements in the areas of financials, customer management, supply chain, manufacturing, service and support, analytics, business process management and integration. QAD's portfolio includes related solutions for quality management software, supply chain management software, transportation management software and business-to-business interoperability. Since 1979, 1979, 1986 1997.
Consolidation, Policy [Policy Text Block]	PRINCIPLES OF CONSOLIDATION The consolidated financial statements include the accounts of QAD Inc. and all of its subsidiaries. All subsidiaries are wholly-owned and all significant balances and transactions among the entities have been eliminated from the consolidated financial statements.
Use of Estimates, Policy [Policy Text Block]	USE OF ESTIMATES The financial statements have been prepared in conformity with U.S. generally accepted accounting principles and, accordingly, include amounts based on informed estimates and judgments of management that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the Company ’s financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Changes in estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods. The Company considers certain accounting policies related to revenue, accounts receivable allowances for doubtful accounts, goodwill and intangible assets, income taxes, and accounting for stock-based compensation to be critical policies due to the significance of these items to its operating results and the estimation processes and management judgment involved in each.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	FOREIGN CURRENCY TRANSLATIONS AND TRANSACTIONS The financial position and results of operations of the Company ’s foreign subsidiaries are generally determined using the country’s local currency as the functional currency. Assets and liabilities recorded in foreign currencies are translated at the exchange rates on the balance sheet date. Revenue and expenses are translated at average rates of exchange prevailing during the year. Translation adjustments resulting from this process are charged or credited to other comprehensive (loss) income, which is included in “Accumulated other comprehensive loss” within the Consolidated Balance Sheets. Gains and losses resulting from foreign currency transactions and remeasurement adjustments of monetary assets and liabilities not ’s functional currency are included in earnings. Foreign currency transaction and remeasurement losses (gains) for fiscal 2018, 2017 2016 $2.5 $0.2 0.5
Cash and Cash Equivalents, Policy [Policy Text Block]	CASH AND EQUIVALENTS Cash and equivalents consist of cash and short-term marketable securities with maturities of less than 90 90 January 31, 2018 2017,
Receivables, Policy [Policy Text Block]	ACCOUNTS RECEIVABLE, NET Accounts receivable, net, consisted of the following as of January 31: 2018 2017 (in thousands) Accounts receivable $ 85,281 $ 71,647 Less allowance for: Doubtful accounts (396 ) (1,090 ) Sales adjustments (1,367 ) (1,116 ) Accounts receivable, net $ 83,518 $ 69,441 Trade accounts receivable are recorded at the invoiced amount and do not may not ’s inability to pay. The Company also provides a general reserve based on historical data including analysis of write-offs and other known factors. Provisions to the allowance for bad debts are included as bad debt expense in “General and Administrative” expense. The determination to write-off specific accounts receivable balances is based on the likelihood of collection and past due status. Past due status is based on invoice date and terms specific to each customer. The January 31, 2017 $0.7 2018 $0.7 The Company does not sales adjustments related to customer dispute resolution may
Financial Instruments and Concentration of Credit Risk [Policy Text Block]	FINANCIAL INSTRUMENTS AND CONCENTRATION OF CREDIT RISK The carrying amounts of cash and equivalents, accounts receivable and accounts payable approximate fair value due to the short-term maturities of these instruments. The Company ’s line of credit and note payable both bear a variable market interest rate, subject to certain minimum interest rates. Therefore, the carrying amounts outstanding under the line of credit and note payable reasonably approximate fair value. Concentration of credit risk with respect to trade receivables is limited due to the large number of customers comprising our customer base, and their dispersion across many different industries and locations throughout the world. No 10% ’s total revenue in any of the last three no 10% January 31, 2018 2017.
Property, Plant and Equipment, Policy [Policy Text Block]	PROPERTY AND EQUIPMENT Property and equipment are stated at cost. Additions and significant improvements to property and equipment are capitalized, while maintenance and repairs are expensed as incurred. For financial reporting purposes, depreciation is generally expensed via the straight-line method over the useful life of three five 10 39 five Certain costs associated with software developed for internal use, including payroll costs for employees, are capitalized once the project has reached the application development stage and are included in property and equipment classified as software. These costs are amortized using the straight-line method over the expected useful life of the software, beginning when the asset is substantially ready for use. Costs incurred during the preliminary project stage, maintenance, training and research and development costs are expensed as incurred. Property and equipment, net consisted of the following as of January 31: 2018 2017 (in thousands) Buildings and building improvements $ 32,444 $ 31,979 Computer equipment and software 17,312 16,027 Furniture and office equipment 7,632 6,748 Leasehold improvements 6,677 5,984 Land 3,850 3,850 Automobiles 54 54 67,969 64,642 Less accumulated depreciation and amortization (37,561 ) (33,770 ) $ 30,408 $ 30,872 The changes in property and equipment, net, for the fiscal years ended January 31 were as follows: 2018 2017 (in thousands) Cost Balance at February 1 $ 64,642 $ 64,925 Additions 3,720 3,267 Disposals (1,874 ) (3,258 ) Impact of foreign currency translation 1,481 (292 ) Balance at January 31 67,969 64,642 Accumulated depreciation Balance at February 1 (33.770 ) (32,845 ) Depreciation (4,562 ) (4,326 ) Disposals 1,719 3,211 Impact of foreign currency translation (948 ) 190 Balance at January 31 (37,561 ) (33,770 ) Property and equipment, net at January 31 $ 30,408 $ 30,872 Depreciation and amortization expense of property and equipment for fiscal 2018, 2017 2016 $4.6 $4.3 $4.0 no 2018, 2017 2016.
Capitalization of Software Costs, Policy [Policy Text Block]	CAPITALIZED SOFTWARE COSTS The Company capitalizes software development costs incurred in connection with the localization and translation of its products once technological feasibility has been achieved based on a working model. A working model is defined as an operative version of the computer software product that is completed in the same software language as the product to be ultimately marketed, performs all the major functions planned for the product and is ready for initial customer testing (usually identified as beta testing). In addition, the Company capitalizes software purchased from third The amortization of capitalized software costs is the greater of the straight-line basis over three Operations and Comprehensive (Loss) Income. Capitalized software costs and accumulated amortization at January 31 2018 2017 (in thousands) Capitalized software costs: Acquired software technology $ — $ 3,458 Capitalized software development costs 1,516 748 1,516 4,206 Less accumulated amortization (526 ) (3,474 ) Capitalized software costs, net $ 990 $ 732 Acquired software technology costs relate to technology purchased from the Company ’s fiscal 2013 It is the Company ’s policy to write off capitalized software development costs once fully amortized. Accordingly, during fiscal 2018, $3.7 2018. Amortization of capitalized software costs for fiscal 2018, 2017 2016 $0.8 $1.0 $1.1 Estimated amortization expense relating to the Company ’s capitalized software costs as of January 31, 2018 $445,000, $365,000 $180,000 2019, 2020 2021,
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	GOODWILL AND INTANGIBLE ASSETS Goodwill represents the excess of the purchase price over the fair value of net assets of purchased businesses. Goodwill is not may fourth two first not second not first not second second Management evaluates the Company as a single reporting unit for business and operating purposes as almost all of the Company’s revenue streams are generated by the same underlying technology whether acquired, purchased or developed. In addition, the majority of the Company’s costs are, by their nature, shared costs that are not not Judgments about the recoverability of purchased finite lived intangible assets are made whenever events or changes in circumstances indicate that an impairment may Assumptions and estimates about future values and remaining useful lives of intangible assets are complex and subjective. They can be affected by a variety of factors, including external factors such as industry and economic trends and internal factors such as changes in the Company ’s business strategy or internal forecasts. The changes in the carrying amount of goodwill for the fiscal years ended January 31, 2018, 2017 Gross Carrying Amount Accumulated Impairment Goodwill, Net (in thousands) Balance at January 31, 2016 $ 26,253 $ (15,608 ) $ 10,645 Impact of foreign currency translation (87 ) — (87 ) Balance at January 31, 2017 26,166 (15,608 ) 10,558 Impact of foreign currency translation 465 — 465 Balance at January 31, 2018 $ 26,631 $ (15,608 ) $ 11,023 During each of the fourth 2018, 2017 2016, November 30. no 2018, 2017 2016. Intangible assets were as follows: January 31, 2017 (in thousands) Amortizable intangible assets Customer relationships $ 2,721 Trade name 515 3,236 Less: accumulated amortization (2,821 ) Net amortizable intangible assets $ 415 The Company ’s intangible assets as of January 31, 2017 2013. January 31, 2018, Amortization of intangible assets was $0.4 2018 $0.7 2017 2016.
Income Tax, Policy [Policy Text Block]	INCOME TAXES Income tax expense includes U.S. (federal and state) and foreign income taxes. Tax legislation commonly known as the Tax Cuts and Jobs Act of 2017 one no not Deferred tax assets and liabilities reflect the effects of temporary differences between the carrying amounts of assets and liabilities and their tax bases and are stated at enacted tax rates expected to be in effect when taxes are actually paid or recovered. Deferred tax assets are evaluated for future realization and reduced by a valuation allowance to the extent the Company believes they will not The Company utilizes a two first not second 50% may may not
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	STOCK-BASED COMPENSATION The Company accounts for share-based payments (“equity awards”) to employees in accordance with ASC 718, Compensation—Stock Compensation 718” Fair Value of RSUs The fair value of restricted stock units (“RSUs”) is determined on the grant date of the award as the market price of the Company ’s common stock on the date of grant, reduced by the present value of estimated dividends foregone during the vesting period. Judgment is required in determining the present value of estimated dividends foregone during the vesting period. The Company estimates the dividends for purposes of this calculation based on the Company’s historical dividend payments per share, which has remained consistent over the last three Fair Value of SARs The fair value of stock-settled stock appreciation rights (“SARs”) is determined on the grant date of the award using the Black-Scholes-Merton valuation model. One of the inputs to the Black-Scholes-Merton valuation model is the fair market value of the Company ’s stock on the date of grant. Judgment is required in determining the remaining inputs to the Black-Scholes-Merton valuation model. These inputs include the expected life, volatility, the risk-free interest rate and the dividend rate. The following describes the Company’s policies with respect to determining these valuation inputs: Expected Life - The expected life valuation input includes a computation that is based on historical vested SAR exercises and post-vest expiration patterns and an estimate of the expected life for SARs that were fully vested and outstanding. Furthermore, based on the Company’s historical pattern of SAR exercises and post-vest expiration patterns the Company determined that there are two Volatility - The volatility valuation input is based on the historical volatility of the Company’s common stock, which the Company believes is representative of the expected volatility over the expected life of SARs. Risk-Free Interest Rate - The risk-free interest rate is based on the U.S. Treasury constant maturities in effect at the time of grant for the expected term of the SAR. Dividend Ra te - The dividend rate is based on the Company’s historical dividend payments per share. The Company records deferred tax assets for equity awards that result in deductions on its income tax returns, based on the amount of stock-based compensation recognized and the fair values attributable to the vested portion of those equity awards. Because the deferred tax assets the Company records are based upon the stock-based compensation expenses in a particular jurisdiction, the aforementioned inputs that affect the fair values of equity awards may
Comprehensive Income, Policy [Policy Text Block]	COMPREHENSIVE (LOSS) INCOME Comprehensive (loss) income includes changes in the balances of items that are reported directly as a separate component of Stockholders’ Equity on the Consolidated Balance Sheets. The components of comprehensive (loss) income are net (loss) income and foreign currency translation adjustments. The Company does not not
Revenue Recognition, Policy [Policy Text Block]	REVENUE The Company o ffers its software using two not Revenue is recognized when 1 2 3 4 four not Revenue is presented net of sales, use and value-added taxes collected from customers. Software Revenue Recognition (On-Premise Model) The majority of the Company’s software is sold or licensed in multiple-element arrangements that include support services and often consulting services or other elements. Delivery of software is considered to have occurred upon electronic transfer of the license key that provides immediate availability of the product to the purchaser. Determining whether and when some of the above noted revenue recognition criteria have been satisfied often involves assumptions and judgments that can have a significant impact on the timing and amount of revenue reported. Typical payment terms vary by region. Occasionally, payment terms of up to one may Provided all other revenue recognition criteria have been met, the Company recognizes license revenue on delivery using the residual method when VSOE exists for all of the undelivered elements (for example, support services, consulting, or other services) in the arrangement. Revenue is allocated to each undelivered element based on VSOE, which is the price charged when that element is sold separately or, for elements not not one may Multiple-element software arrangements for which VSOE does not the Company introduces a new product or product bundles for which the Company has not no Revenue from support services and product updates, referred to as maintenance revenue, is recognized ratably over the term of the maintenance period, which in most instances is one Customers generally purchase both product support and license updates when they acquire new software licenses. In addition, a majority of customers renew their support services contracts annually. The Company occasionally resells third 605 45, Revenue Recognition – Principal Agent Considerations. The Company executes arrangements through indirect sales channels via sales agents and distributors in which the indirect sales channels are authorized to market the Company’s software products to end users. In arrangements with sales agents, revenue is recognized on a sell-through basis once an order is received from the end user, collectability from the end user is probable, a signed license agreement from the end user has been received, delivery has been made to the end user and all other revenue recognition criteria have been satisfied. Sales agents are compensated on a commission basis. Distributor arrangements are those in which the resellers are authorized to market and distribute our software products to end users in specified territories and the distributor bears the risk of collection from the end user customer. The Company recognizes revenue from transactions with distributors when the distributor submits a written purchase commitment, collectability from the distributor is probable, a signed license agreement is received from the distributor and delivery has occurred to the distributor, provided that all other revenue recognition criteria have been satisfied. Revenue from distributor transactions is recorded on a net basis (the amount actually received by the Company from the distributor). The Company does not Subscription Revenue Recognition The Company recognizes the following fees in subscription revenue: i) subscription fees from customers accessing the Company’s cloud and other subscription offerings, ii) transition fees for services such as set up, configuration, database conversion and migration, and iii) support fees on hosted products. Subscription arrangements do not Subscription revenue is recognized ratably over the initial subscription period committed to by the customer commencing when the customer has been given access to the cloud environment. Transition fees are recognized over the estimated life of the customer relationship once the customer has gone live. The initial subscription period is typically 12 60 Subscription services are non-cancelable, though customers typically have the right to terminate their contracts if we materially fail to perform. The Company generally invoices customers in advance in quarterly or annual installments and typical payment terms provide that customers pay the Company within 30 The Company may - may may 605 25, Revenue Recognition - Multiple Deliverable Revenue Arrangements third not third not third - - may For multiple-element arrangements that may Professional Services Revenue from consulting services, which the Company calls professional services in the Consolidated Statements of Income and Comprehensive Income, are typically comprised of implementation, development, training or other consulting services sold along with on-premise and cloud Consulting services are generally sold on a time-and-materials basis and can include services ranging from software installation to data conversion and building non-complex interfaces to allow the software to operate in integrated environments. The Company recognizes revenue for time-and-materials as the services are performed or upon written acceptance from customers, if applicable, assuming all other conditions for revenue recognition have been met. Consulting engagements can range anywhere from one not not
Advertising Costs, Policy [Policy Text Block]	ADVERTISING EXPENSES Advertising costs are expensed as incurred. Advertising expenses were $0.7 $1.1 $0.9 2018, 2017 2016.
Research, Development, and Computer Software, Policy [Policy Text Block]	RESEARCH AND DEVELOPMENT All costs incurred to establish the technological feasibility of the Company’s software products are expensed to research and development (“R&D”) as incurred. R&D expenses totaled $47.7 $43.6 $41.2 2018, 2017 2016,
Non-operating Expense, Net [Policy Text Block]	OTHER (INCOME) EXPENSE, NET The components of other (income) expense, net for fiscal 2018, 2017 2016 Years Ended January 31, 201 8 201 7 201 6 (in thousands) Interest income $ (1,547 ) $ (696 ) $ (320 ) Interest expense 669 670 712 Fore ign exchange losses (gains) 2,466 180 (503 ) Change in fair value of interest rate swap (377 ) (485 ) 48 Other income, net (77 ) (131 ) (302 ) Total other expense (income), net $ 1,134 $ (462 ) $ (365 )
Earnings Per Share, Policy [Policy Text Block]	COMPUTATION OF NET (LOSS) INCOME PER SHARE Net (loss) income per share of Class A common stock and Class B common stock is computed using the two 120% The following table sets forth the computation of basic and diluted net (loss) income per share: Years Ended January 31, 2018 2017 2016 (in thousands, except per share data) Net (loss) income $ (9,065 ) $ (15,450 ) $ 8,912 Less: dividends declared (5,367 ) (5,301 ) (5,235 ) Undistributed net (loss) income $ (14,432 ) $ (20,751 ) $ 3,677 Net (loss) income per share – Class A Common Stock Dividends declared $ 4,596 $ 4,531 $ 4,466 Allocation of undistributed net (loss) income (12,358 ) (17,742 ) 3,140 Net (loss) income attributable to Class A common stock $ (7,762 ) $ (13,211 ) $ 7,606 Weighted average shares of Class A common stock outstanding — basic 15,942 15,715 15,466 Weighted average potential shares of Class A common stock — — 758 Weighted average shares of Class A common stock and potential common shares outstanding — diluted 15,942 15,715 16,224 Basic net (loss) income per Class A common share $ (0.49 ) $ (0.84 ) $ 0.49 Diluted net (loss) income per Class A common share $ (0.49 ) $ (0.84 ) $ 0.47 Net (loss) income per share – Class B Common Stock Dividends declared $ 771 $ 770 $ 769 Allocation of undistributed net (loss) income (2,074 ) (3,009 ) 537 Net (loss) income attributable to Class B common stock $ (1,303 ) $ (2,239 ) $ 1,306 Weighted average shares of Class B common stock outstanding — basic 3,213 3,206 3,201 Weighted average potential shares of Class B common stock — — 82 Weighted average shares of Class B common stock and potential common shares outstanding — diluted 3,213 3,206 3,283 Basic net (loss) income per Class B common share $ (0.41 ) $ (0.70 ) $ 0.41 Diluted net (loss) income per Class B common share $ (0.41 ) $ (0.70 ) $ 0.40 Potential common shares consist of the shares issuable upon the release of restricted stock units (“RSUs”) and the exercise of stock options and stock appreciation rights (“SARs”). The Company ’s unvested RSUs, unexercised stock options and unexercised SARs are not not The following table sets forth the number of potential common shares not Years Ended January 31, 2018 2017 2016 (in thousands) Class A 3,236 2,985 528 Class B 380 378 99
New Accounting Pronouncements, Policy [Policy Text Block]	RECENT ACCOUNTING PRONOUNCEMENTS With the exception of those discussed below, there have been no fiscal year ended January 31, 2018, Accounting Standards Adopted In March 2016, ASU 2016 09 718, Improvements to Employee Share-Based Payment Accounting no The Company elected to early adopt the new guidance in the third 2017 February 1, 2016, 2017. $2.2 $1.2 $1.0 The Company elected to account for forfeitures as they occur using a modified retrospective transition method, which resulted in a cumulative-effect adjustment of $0.4 February 1, 2016 no February 1, 2016 not The Company elected to apply the presentation requirements for cash flows related to excess tax benefits retrospectively to all periods presented which resulted in an increase to net cash provided by operating activities and a decrease to net cash used in financing of $0.8 2016. no In April 2015, 2015 03 Interest - Imputation of Interest (Subtopic 2015 03 , not 2015 03. December 15, 2015, first 2017. not In August 2015, 2015 15, Interest-Imputation of Interest (Subtopic 835 30 2015 03 not not first 2017. not In November 2015, 2015 17, Balance Sheet Classification of Deferred Taxes , 2015 17 February 1, 2017. fourth 2017 not Accounting Standards Not In January 2017, 2017 01, Business Combinations: Clarifying the Definition of a Business, February 1, 2018. 2017 01 In January 2017, 2017 04, Intangibles—Goodwill and Other (Topic 350 2 zero 2 February 1, 2020. not 2017 04 In October 2016, 2016 16, Income Taxes: Intra-Entity Transfers of Assets Other than Inventory 2016 16 February 1, 2018. In February 2016, 2016 02, Leases (Topic 842 2016 02 2016 02 first 2020 2016 02 2016 02. In May 2014, 2014 09, Revenue from Contracts with Customers (Topic 606 606” not 606 The Company is continuing to assess the impact of adopting ASC Topic 606 ● Removal of vendor specific objective evidence under current software revenue recognition will result in earlier recognition of license revenues in those instances where the Company sold a multi-element deal where services and/or maintenance did not ● Removal of the current limitation on contingent revenue will result in revenue being recognized earlier for certain contracts; ● Commission expense related to new cloud and first no five ● Sales agent fees to obtain new cloud and first no five ● Cloud environment set up costs will no five The Company has identified changes to its accounting policies and practices and controls to support the new revenue recognition standard. Implementation of the policy and control changes are in progress along with the Company’s continued assessment of potential changes to its disclosures under the new guidance. The Company is currently assessing the tax impact from adoption. The two 606 606 606 December 15, 2017. 606 February 1, 2018 The adoption of ASC Topic 606 February 1, 2018,

Note 1 - Summary of Business 23

Note 1 - Summary of Business and Significant Accounting Policies (Tables)	12 Months Ended
	Jan. 31, 2018
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	2018 2017 (in thousands) Accounts receivable $ 85,281 $ 71,647 Less allowance for: Doubtful accounts (396 ) (1,090 ) Sales adjustments (1,367 ) (1,116 ) Accounts receivable, net $ 83,518 $ 69,441
Property, Plant and Equipment [Table Text Block]	2018 2017 (in thousands) Buildings and building improvements $ 32,444 $ 31,979 Computer equipment and software 17,312 16,027 Furniture and office equipment 7,632 6,748 Leasehold improvements 6,677 5,984 Land 3,850 3,850 Automobiles 54 54 67,969 64,642 Less accumulated depreciation and amortization (37,561 ) (33,770 ) $ 30,408 $ 30,872
Changes in Property and Equipment [Table Text Block]	2018 2017 (in thousands) Cost Balance at February 1 $ 64,642 $ 64,925 Additions 3,720 3,267 Disposals (1,874 ) (3,258 ) Impact of foreign currency translation 1,481 (292 ) Balance at January 31 67,969 64,642 Accumulated depreciation Balance at February 1 (33.770 ) (32,845 ) Depreciation (4,562 ) (4,326 ) Disposals 1,719 3,211 Impact of foreign currency translation (948 ) 190 Balance at January 31 (37,561 ) (33,770 ) Property and equipment, net at January 31 $ 30,408 $ 30,872
Schedule of Capitalized Software Costs [Table Text Block]	2018 2017 (in thousands) Capitalized software costs: Acquired software technology $ — $ 3,458 Capitalized software development costs 1,516 748 1,516 4,206 Less accumulated amortization (526 ) (3,474 ) Capitalized software costs, net $ 990 $ 732
Schedule of Goodwill [Table Text Block]	Gross Carrying Amount Accumulated Impairment Goodwill, Net (in thousands) Balance at January 31, 2016 $ 26,253 $ (15,608 ) $ 10,645 Impact of foreign currency translation (87 ) — (87 ) Balance at January 31, 2017 26,166 (15,608 ) 10,558 Impact of foreign currency translation 465 — 465 Balance at January 31, 2018 $ 26,631 $ (15,608 ) $ 11,023
Schedule of Finite-Lived Intangible Assets [Table Text Block]	January 31, 2017 (in thousands) Amortizable intangible assets Customer relationships $ 2,721 Trade name 515 3,236 Less: accumulated amortization (2,821 ) Net amortizable intangible assets $ 415
Schedule of Other Nonoperating Expense, by Component [Table Text Block]	Years Ended January 31, 201 8 201 7 201 6 (in thousands) Interest income $ (1,547 ) $ (696 ) $ (320 ) Interest expense 669 670 712 Fore ign exchange losses (gains) 2,466 180 (503 ) Change in fair value of interest rate swap (377 ) (485 ) 48 Other income, net (77 ) (131 ) (302 ) Total other expense (income), net $ 1,134 $ (462 ) $ (365 )
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Years Ended January 31, 2018 2017 2016 (in thousands, except per share data) Net (loss) income $ (9,065 ) $ (15,450 ) $ 8,912 Less: dividends declared (5,367 ) (5,301 ) (5,235 ) Undistributed net (loss) income $ (14,432 ) $ (20,751 ) $ 3,677 Net (loss) income per share – Class A Common Stock Dividends declared $ 4,596 $ 4,531 $ 4,466 Allocation of undistributed net (loss) income (12,358 ) (17,742 ) 3,140 Net (loss) income attributable to Class A common stock $ (7,762 ) $ (13,211 ) $ 7,606 Weighted average shares of Class A common stock outstanding — basic 15,942 15,715 15,466 Weighted average potential shares of Class A common stock — — 758 Weighted average shares of Class A common stock and potential common shares outstanding — diluted 15,942 15,715 16,224 Basic net (loss) income per Class A common share $ (0.49 ) $ (0.84 ) $ 0.49 Diluted net (loss) income per Class A common share $ (0.49 ) $ (0.84 ) $ 0.47 Net (loss) income per share – Class B Common Stock Dividends declared $ 771 $ 770 $ 769 Allocation of undistributed net (loss) income (2,074 ) (3,009 ) 537 Net (loss) income attributable to Class B common stock $ (1,303 ) $ (2,239 ) $ 1,306 Weighted average shares of Class B common stock outstanding — basic 3,213 3,206 3,201 Weighted average potential shares of Class B common stock — — 82 Weighted average shares of Class B common stock and potential common shares outstanding — diluted 3,213 3,206 3,283 Basic net (loss) income per Class B common share $ (0.41 ) $ (0.70 ) $ 0.41 Diluted net (loss) income per Class B common share $ (0.41 ) $ (0.70 ) $ 0.40
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Years Ended January 31, 2018 2017 2016 (in thousands) Class A 3,236 2,985 528 Class B 380 378 99

Note 2 - Fair Value Measureme24

Note 2 - Fair Value Measurements (Tables)	12 Months Ended
	Jan. 31, 2018
Notes Tables
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Fair value measurement at reporting date using Quoted Prices in Active Significant Other Significant Unobservable (in thousands) Money market mutual funds as of January 31, 2018 $ 115,416 Money market mutual funds as of January 31, 2017 $ 116,043 Asset related to the interest rate swap as of January 31, 2018 $ 187 Liability related to the interest rate swap as of January 31, 2017 $ (190 )
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	Asset (Liability) Fair Value Balance Sheet Location January 31, 2018 January 31, 2017 Derivative instrument: Interest rate swap Other assets (liabilities) net $ 187 $ (190 ) Total $ 187 $ (190 )

Note 3 - Income Taxes (Tables)

Note 3 - Income Taxes (Tables)	12 Months Ended
	Jan. 31, 2018
Notes Tables
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]	Years Ended January 31, 2018 2017 2016 (in thousands) Domestic net (loss) income before income taxes $ (4,793 ) $ (3,774 ) $ (7,835 ) Foreign net (loss) income before income taxes 585 7,600 18,371 Consolidated net (loss) income before income taxes $ (4,208 ) $ 3,826 $ 10,536
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Years Ended January 31, 2018 2017 2016 (in thousands) Current: U.S. federal $ 2,862 $ 437 $ (1,656 ) State 38 30 26 Foreign 2,433 3,894 2,591 Subtotal 5,333 4,361 961 Deferred: U.S. federal (519 ) 11,564 (956 ) State 19 3,610 303 Foreign 24 (348 ) 63 Subtotal (476 ) 14,826 (590 ) Equity adjustment — 89 1,253 Total $ 4,857 $ 19,276 $ 1,624
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Years Ended January 31, 2018 2017 2016 (in thousands) Computed expected tax expense (benefit) $ (1,431 ) $ 1,301 $ 3,582 State income taxes, net of federal income tax expense (157 ) (54 ) 252 Incremental tax expense (benefit) from foreign operations 923 137 (2,548 ) Non-deductible equity compensation (1,004 ) (29 ) 254 Foreign withholding taxes 794 676 968 Net change in valuation allowance 5,448 16,861 2,564 Net change in contingency reserve (81 ) 198 (379 ) Non-deductible expenses (407 ) 660 621 Benefit of tax credits (1,766 ) (1,243 ) (3,186 ) Subpart F income 302 345 254 Rate change impact 187 19 193 Benefit from liquidation utilized — — (1,321 ) U.S. Tax Reform (the “Tax Act”) 1,951 — — Other 98 405 370 Total $ 4,857 $ 19,276 $ 1,624
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	January 31, 2018 2017 (in thousands) Deferred tax assets: Allowance for doubtful accounts and sales adjustments $ 367 $ 356 Accrued vacation 1,590 2,033 Tax credits 18,583 13,116 Deferred revenue 3,493 3,465 Net operating loss carry forwards 10,337 10,255 Accrued expenses - other 1,849 1,695 Other comprehensive income 1,164 — Section 263(a) interest capitalization 206 322 Equity compensation 4,380 5,399 Other 1,243 2,039 Total deferred tax assets 43,212 38,680 Less valuation allowance (33,665 ) (29,868 ) Less netting of unrecognized tax benefits against deferred tax assets (930 ) (954 ) Deferred tax assets, net of valuation allowance $ 8,617 $ 7,858 Deferred tax liabilities: Depreciation and amortization (442 ) (630 ) Other comprehensive income — (1,009 ) Other (231 ) (53 ) Total deferred tax liabilities (673 ) (1,692 ) Total net deferred tax assets $ 7,944 $ 6,166
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]	Years Ended January 31, 2018 2017 (in thousands) Unrecognized tax benefits at beginning of the year $ 1,743 $ 1,545 Decreases as a result of tax positions taken in a prior period (115 ) (79 ) Increases as a result of tax positions taken in the prior period 58 365 Reduction as a result of a lapse of the statute of limitations (24 ) (88 ) Unrecognized tax benefit at end of year $ 1,662 $ 1,743
List of Open Tax Year by Jurisdiction [Table Text Block]	Jurisdiction Years Open for Audit U.S. Federal FY15 and beyond California FY14 and beyond Michigan FY14 and beyond New Jersey FY14 and beyond Australia FY14 and beyond France FY15 and beyond India FY10, FY11, FY13, and FY14 Ireland FY14 and beyond United Kingdom FY17 and beyond

Note 4 - Stockholders' Equity (

Note 4 - Stockholders' Equity (Tables)	12 Months Ended
	Jan. 31, 2018
Notes Tables
Dividends Declared [Table Text Block]	Declaration Date Record Date Payable Dividend Class A Dividend Class B (in thousands) 12 /12/2017 12/26/2017 1/4/2018 $ 0.072 $ 0.06 $ 1,346 9/12/2017 9/26/2017 10/3/2017 $ 0.072 $ 0.06 $ 1,346 6/13/2017 6/27/2017 7/6/2017 $ 0.072 $ 0.06 $ 1,344 4/11/2017 4/25/2017 5/2/2017 $ 0.072 $ 0.06 $ 1,331

Note 5 - Stock-based Compensa27

Note 5 - Stock-based Compensation (Tables)	12 Months Ended
	Jan. 31, 2018
Notes Tables
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]	Years Ended January 31, 2018 2017 2016 (in thousands) Stock-based compensation expense: Cost of subscription $ 161 $ 113 $ 76 Cost of maintenance and other revenue 384 299 271 Cost of professional services 1,085 848 739 Sales and marketing 1,510 1,200 1,377 Research and development 1,226 1,009 900 General and administrative 4,558 3,854 4,077 Total stock-based compensation expense $ 8,924 $ 7,323 $ 7,440
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]	RSUs (in thousands) Weighted Average Restricted stock at January 31, 2015 503 $ 16.27 Granted 326 24.75 Released (1) (192 ) 15.58 Forfeited (20 ) 18.93 Restricted stock at January 31, 2016 617 $ 20.91 Granted 307 18.54 Released (1) (259 ) 18.96 Forfeited (42 ) 20.69 Restricted stock at January 31, 2017 623 $ 20.56 Granted 295 30.69 Released (1) (245 ) 20.48 Forfeited (20 ) 22.36 Restricted stock at January 31, 2018 653 $ 25.10
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Years Ended January 31, 2018 2017 2016 Expected life in years 5.50 5.25 5.00 Risk free interest rate 1.82 % 1.16 % 1.64 % Volatility 33 % 36 % 41 % Dividend rate 0.91 % 1.51 % 1.10 %
Schedule of Share-based Compensation, Stock Options and Stock Appreciation Rights Award Activity [Table Text Block]	Options/ SARs Weighted Average Weighted Average Aggregate Intrinsic Outstanding at January 31, 2015 2,499 $ 12.69 Granted 380 25.34 Exercised (266 ) 10.69 Expired (12 ) 14.22 Forfeited (5 ) 12.05 Outstanding at January 31, 2016 2,596 $ 14.74 Granted 380 18.64 Exercised (158 ) 10.94 Expired (17 ) 12.56 Forfeited (8 ) 12.09 Outstanding at January 31, 2017 2,793 $ 15.51 Granted 380 31.65 Exercised (139 ) 10.52 Expired (10 ) 9.74 Outstanding at January 31, 2018 3,024 $ 17.78 4.0 $ 72,901 Vested and exercisable at January 31, 2018 2,073 $ 14.25 2.9 $ 57,045

Note 6 - Deferred Revenues (Tab

Note 6 - Deferred Revenues (Tables)	12 Months Ended
	Jan. 31, 2018
Notes Tables
Deferred Revenue, by Arrangement, Disclosure [Table Text Block]	January 31, 201 8 201 7 (in thousands) Deferred maintenance $ 80,811 $ 78,923 Deferred subscription 31,034 20,389 Deferred professional services 3,523 2,550 Deferred license 756 1,740 Deferred other revenue 569 523 Deferred revenues, current 116,693 104,125 Deferred revenues, non-current (in Other liabilities) 2,156 2,353 Total deferred revenues $ 118,849 $ 106,478

Note 7 - Other Balance Sheet 29

Note 7 - Other Balance Sheet Accounts (Tables)	12 Months Ended
	Jan. 31, 2018
Notes Tables
Other Balance Sheet Accounts [Table Text Block]	January 31, 201 8 201 7 (in thousands) Other current assets Deferred cost of revenues $ 8,330 $ 8,194 Prepaid expenses 5,847 4,879 Income tax receivable, net of payables 213 928 Other 1,466 1,350 $ 15,856 $ 15,351 Other assets, net Other intangibles, net $ — $ 415 Long-term deposits and prepaid expenses 2,463 1,323 Fair value of interest rate swap 187 — Other long-term assets 405 950 $ 3,055 $ 2,688 Accounts payable Trade payables $ 9,346 $ 7,392 VAT payable 5,472 3,924 $ 14,818 $ 11,316 Other current liabilities Accrued commissions and bonus $ 18,039 $ 13,449 Accrued compensated absences 9,177 8,346 Other accrued payroll 6,038 4,477 Accrued professional fees 1,884 1,709 Accrued travel 1,839 1,304 Accrued contract labor 2,655 812 Other current liabilities 3,828 3,539 $ 43,460 $ 33,636 Other liabilities Long-term deferred revenue $ 2,156 $ 2,353 Fair value of interest rate swap — 190 Long-term tax contingency reserve 688 764 Lease restoration obligations 859 736 Other 1,736 871 $ 5,439 $ 4,914

Note 8 - Debt (Tables)

Note 8 - Debt (Tables)	12 Months Ended
	Jan. 31, 2018
Notes Tables
Schedule of Debt [Table Text Block]	January 31, 2018 2017 (in thousands) Note payable $ 13,825 $ 14,269 Less current maturities (466 ) (446 ) Less loan origination costs, net (46 ) (56 ) Long-term debt $ 13,313 $ 13,767

Note 9 - Accumulated Other Co31

Note 9 - Accumulated Other Comprehensive Loss (Tables)	12 Months Ended
	Jan. 31, 2018
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Foreign Currency Translation Adjustments (in thousands) Balance as of January 31, 2017 $ (8,631 ) Other comprehensive loss before reclassifications 1,803 Amounts reclassified from accumulated other comprehensive loss — Net current period other comprehensive loss 1,803 Balance as of January 31, 2018 $ (6,828 )

Note 11 - Commitments and Con32

Note 11 - Commitments and Contingencies (Tables)	12 Months Ended
	Jan. 31, 2018
Notes Tables
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	2019 $ 6.0 2020 4.3 2021 2.5 2022 0.8 2023 0.5 Thereafter 0.2 $ 14.3

Note 12 - Business Segment In33

Note 12 - Business Segment Information (Tables)	12 Months Ended
	Jan. 31, 2018
Notes Tables
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]	Years Ended January 31, 2018 2017 2016 (in thousands) Revenue: North America (1) $ 141,614 $ 129,436 $ 127,776 EMEA 89,693 81,765 84,268 Asia Pacific 50,689 47,742 46,457 Latin America 23,022 19,030 19,351 $ 305,018 $ 277,973 $ 277,852 January 31, 2018 2017 (in thousands) Property and equipment, net: North America $ 25,546 $ 26,601 EMEA 3,444 2,861 Asia Pacific 1,141 1,075 Latin America 277 335 $ 30,408 $ 30,872

Note 13 - Quarterly Informati34

Note 13 - Quarterly Information (Unaudited) (Tables)	12 Months Ended
	Jan. 31, 2018
Notes Tables
Quarterly Financial Information [Table Text Block]	Quarters Ended April 30 July 31 Oct. 31 Jan. 31 (in thousands, except per share data) Fiscal 2018 Total revenue $ 71,382 $ 75,958 $ 76,925 $ 80,753 Total costs and expenses 72,741 75,415 76,495 83,441 Gross margin 36,516 39,264 38,879 40,934 Operating (loss) income (1,359 ) 543 430 (2,688 ) Net loss (2,571 ) (1,161 ) (161 ) (5,172 ) Basic net loss per share Class A $ (0.14 ) $ (0.06 ) $ (0.01 ) $ (0.28 ) Class B (0.12 ) (0.05 ) (0.01 ) (0.23 ) Diluted net loss per share Class A $ (0.14 ) $ (0.06 ) $ (0.01 ) $ (0.28 ) Class B (0.12 ) (0.05 ) (0.01 ) (0.23 ) Fiscal 2017 Total revenue $ 65,397 $ 69,778 $ 69,534 $ 73,264 Total costs and expenses 68,390 69,816 67,275 69,128 Gross margin 33,259 36,974 36,477 40,412 Operating (loss) income (2,993 ) (38 ) 2,259 4,136 Net (loss) income (2,792 ) 968 1,533 (15,159 ) Basic net (loss) income per share Class A $ (0.15 ) $ 0.05 $ 0.08 $ (0.82 ) Class B (0.13 ) 0.04 0.07 (0.68 ) Diluted net (loss) income per share Class A $ (0.15 ) $ 0.05 $ 0.08 $ (0.82 ) Class B (0.13 ) 0.04 0.07 (0.68 )

Schedule II - Schedule of Val35

Schedule II - Schedule of Valuation and Qualifying Accounts (Tables)	12 Months Ended
	Jan. 31, 2018
Notes Tables
Schedule of Valuation and Qualifying Accounts [Table Text Block]	Balance at Beginning Charged to Statements Write-Offs, Net of Impact of Foreign Balance at End of Year ended January 31, 2016 Allowance for bad debt 1,194 78 (5 ) (25 ) 1,242 Allowance for sales adjustments 1,330 696 (555 ) (71 ) 1,400 Total allowance for doubtful accounts $ 2,524 $ 774 $ (560 ) $ (96 ) $ 2,642 Year ended January 31, 2017 Allowance for bad debt 1,242 40 (184 ) (8 ) 1,090 Allowance for sales adjustments 1,400 197 (472 ) (10 ) 1,115 Total allowance for doubtful accounts $ 2,642 $ 237 $ (656 ) $ (18 ) $ 2,205 Year ended January 31, 2018 Allowance for bad debt 1,090 98 (834 ) 42 396 Allowance for sales adjustments 1,115 923 (733 ) 62 1,367 Total allowance for doubtful accounts $ 2,205 $ 1,021 $ (1,567 ) $ 104 $ 1,763

Note 1 - Summary of Business 36

Note 1 - Summary of Business and Significant Accounting Policies (Details Textual) - USD ($)	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Foreign Currency Transaction Gain (Loss), before Tax	$ (2,500,000)	$ (200,000)	$ 500,000
Allowance for Doubtful Accounts Receivable	396,000	1,090,000
Allowance for Doubtful Accounts Receivable, Write-offs	700,000
Depreciation, Depletion and Amortization	$ 4,600,000	4,300,000	4,000,000
Capitalized Software Amortization Period	3 years
Write-off of Fully Amortized Software Development Costs		3,700,000
Capitalized Computer Software, Amortization	$ 800,000	1,000,000	1,100,000
Capitalized Software Cost, Amortization Expense, New Twelve Months	445,000
Capitalized Software Cost, Amortization Expense, Year Two	365,000
Capitalized Software Cost, Amortization Expense, Year Three	180,000
Goodwill and Intangible Asset Impairment	0	0	0
Amortization of Intangible Assets	416,000	659,000	658,000
Advertising Expense	700,000	1,100,000	900,000
Research and Development Expense	$ 47,661,000	43,587,000	$ 41,237,000
Class Common Stock to Class B Common Stock Cash or Stock Dividends Payout Ratio	120.00%
Increase in Deferred Tax Assets [Member] | January 31, 2016 [Member]
Prior Period Reclassification Adjustment	$ 2,200,000
Increase in Deferred Tax Assets Valuation Allowance [Member] | January 31, 2016 [Member]
Prior Period Reclassification Adjustment	1,200,000
Offset to Accumulated Deficit [Member] | January 31, 2016 [Member]
Prior Period Reclassification Adjustment	1,000,000
Cumulative-effect Adjustment to Reduce Opening Accumulated Deficit [Member] | February 1, 2016 [Member]
Prior Period Reclassification Adjustment	400,000
Increase in Cash Provided By Operating Activities, and a Decrease in Cash Used in Financing Activities [Member] | January 31, 2016 [Member]
Prior Period Reclassification Adjustment	$ 800,000
Computer Equipment and Software [Member]
Property, Plant and Equipment, Useful Life	3 years
Furniture and Office Equipment [Member]
Property, Plant and Equipment, Useful Life	5 years
Building Improvements [Member]
Property, Plant and Equipment, Useful Life	10 years
Building [Member]
Property, Plant and Equipment, Useful Life	39 years
Leasehold Improvements [Member]
Property, Plant and Equipment, Useful Life	5 years
Fully Reserved Customer Accounts [Member]
Allowance for Doubtful Accounts Receivable		$ 700,000

Note 1 - Summary of Business 37

Note 1 - Summary of Business and Significant Accounting Policies - Accounts Receivable, Net (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017
Accounts receivable	$ 85,281	$ 71,647
Doubtful accounts	(396)	(1,090)
Sales adjustments	(1,367)	(1,116)
Accounts receivable, net	$ 83,518	$ 69,441

Note 1 - Summary of Business 38

Note 1 - Summary of Business and Significant Accounting Policies - Property and Equipment, Net (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Property and Equipment, Gross	$ 67,969	$ 64,642	$ 64,925
Less accumulated depreciation and amortization	(37,561)	(33,770)	$ (32,845)
Property and Equipment, Net	30,408	30,872
Building and Building Improvements [Member]
Property and Equipment, Gross	32,444	31,979
Computer Equipment and Software [Member]
Property and Equipment, Gross	17,312	16,027
Furniture and Office Equipment [Member]
Property and Equipment, Gross	7,632	6,748
Leasehold Improvements [Member]
Property and Equipment, Gross	6,677	5,984
Land [Member]
Property and Equipment, Gross	3,850	3,850
Automobiles [Member]
Property and Equipment, Gross	$ 54	$ 54

Note 1 - Summary of Business 39

Note 1 - Summary of Business and Significant Accounting Policies - Changes in Property and Equipment, Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017
Property and Equipment, Gross, Beginning Balance	$ 64,642	$ 64,925
Property and Equipment, Gross, Additions	3,720	3,267
Property and Equipment, Gross, Disposals	(1,874)	(3,258)
Property and Equipment, Gross, Impact of Foreign Currency Translation	1,481	(292)
Property and Equipment, Gross, Ending Balance	67,969	64,642
Accumulated Depreciation, Beginning Balance	(33,770)	(32,845)
Depreciation	(4,562)	(4,326)
Accumulated Depreciation, Disposals	1,719	3,211
Accumulated Depreciation, Impact of Foreign Currency Translation	(948)	190
Accumulated Depreciation, Ending Balance	(37,561)	(33,770)
Property and Equipment, Net	$ 30,408	$ 30,872

Note 1 - Summary of Business 40

Note 1 - Summary of Business and Significant Accounting Policies - Capitalized Software Costs and Accumulated Amortization (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017
Capitalized software costs:
Acquired software technology		$ 3,458
Capitalized software development costs	1,516	748
	1,516	4,206
Less accumulated amortization	(526)	(3,474)
Capitalized software costs, net	$ 990	$ 732

Note 1 - Summary of Business 41

Note 1 - Summary of Business and Significant Accounting Policies - Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Beginning balance, gross	$ 26,166	$ 26,253
Impact of foreign currency translation, gross	465	(87)
Ending balance, gross	26,631	26,166
Accumulated impairment	(15,608)	(15,608)	$ (15,608)
Beginning balance, net	10,558	10,645
Impact of foreign currency translation	465	(87)
Ending balance, net	$ 11,023	$ 10,558

Note 1 - Summary of Business 42

Note 1 - Summary of Business and Significant Accounting Policies - Intangible Assets (Details) $ in Thousands	Jan. 31, 2017USD ($)
Amortizable intangible assets
Amortizable intangible assets, gross	$ 3,236
Less: accumulated amortization	(2,821)
Net amortizable intangible assets	415
Customer Relationships [Member]
Amortizable intangible assets
Amortizable intangible assets, gross	2,721
Trade Names [Member]
Amortizable intangible assets
Amortizable intangible assets, gross	$ 515

Note 1 - Summary of Business 43

Note 1 - Summary of Business and Significant Accounting Policies - Other (Income) Expense, Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Interest income	$ (1,547)	$ (696)	$ (320)
Interest expense	669	670	712
Foreign exchange losses (gains)	2,466	180	(503)
Change in fair value of interest rate swap	(377)	(485)	48
Other income, net	(77)	(131)	(302)
Total other expense (income), net	$ 1,134	$ (462)	$ (365)

Note 1 - Summary of Business 44

Note 1 - Summary of Business and Significant Accounting Policies - Basic and Diluted Net (Loss) Income Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 31, 2018	Oct. 31, 2017	Jul. 31, 2017	Apr. 30, 2017	Jan. 31, 2017	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Net (loss) income	$ (5,172)	$ (161)	$ (1,161)	$ (2,571)	$ (15,159)	$ 1,533	$ 968	$ (2,792)	$ (9,065)	$ (15,450)	$ 8,912
Less: dividends declared									(5,367)	(5,301)	(5,235)
Undistributed net (loss) income									(14,432)	(20,751)	3,677
Dividends declared									5,367	5,301	5,235
Allocation of undistributed net (loss) income									(14,432)	(20,751)	3,677
Common Class A [Member]
Net (loss) income									(7,762)	(13,211)	7,606
Less: dividends declared									(4,596)	(4,531)	(4,466)
Undistributed net (loss) income									(12,358)	(17,742)	3,140
Dividends declared									4,596	4,531	4,466
Allocation of undistributed net (loss) income									$ (12,358)	$ (17,742)	$ 3,140
Weighted average shares of common stock outstanding—basic (in shares)									15,942	15,715	15,466
Weighted average potential shares of common stock (in shares)											758
Weighted average shares of common stock and potential common shares outstanding—diluted (in shares)									15,942	15,715	16,224
Basic net (loss) income per common share (in dollars per share)	$ (0.28)	$ (0.01)	$ (0.06)	$ (0.14)	$ (0.82)	$ 0.08	$ 0.05	$ (0.15)	$ (0.49)	$ (0.84)	$ 0.49
Diluted net (loss) income per common share (in dollars per share)	(0.28)	(0.01)	(0.06)	(0.14)	(0.82)	0.08	0.05	(0.15)	$ (0.49)	$ (0.84)	$ 0.47
Common Class B [Member]
Net (loss) income									$ (1,303)	$ (2,239)	$ 1,306
Less: dividends declared									(771)	(770)	(769)
Undistributed net (loss) income									(2,074)	(3,009)	537
Dividends declared									771	770	769
Allocation of undistributed net (loss) income									$ (2,074)	$ (3,009)	$ 537
Weighted average shares of common stock outstanding—basic (in shares)									3,213	3,206	3,201
Weighted average potential shares of common stock (in shares)											82
Weighted average shares of common stock and potential common shares outstanding—diluted (in shares)									3,213	3,206	3,283
Basic net (loss) income per common share (in dollars per share)	(0.23)	(0.01)	(0.05)	(0.12)	(0.68)	0.07	0.04	(0.13)	$ (0.41)	$ (0.70)	$ 0.41
Diluted net (loss) income per common share (in dollars per share)	$ (0.23)	$ (0.01)	$ (0.05)	$ (0.12)	$ (0.68)	$ 0.07	$ 0.04	$ (0.13)	$ (0.41)	$ (0.70)	$ 0.40

Note 1 - Summary of Business 45

Note 1 - Summary of Business and Significant Accounting Policies - Anti-dilutive Shares (Details) - shares shares in Thousands	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Common Class A [Member]
Anti-dilutive shares (in shares)	3,236	2,985	528
Common Class B [Member]
Anti-dilutive shares (in shares)	380	378	99

Note 2 - Fair Value Measureme46

Note 2 - Fair Value Measurements (Details Textual) - USD ($)	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015
Cash and Cash Equivalents, at Carrying Value	$ 147,023,000	$ 145,082,000	$ 137,731,000	$ 120,526,000
Interest Rate Swap [Member]
Derivative, Gain (Loss) on Derivative, Net	377,000	485,000	$ (48,000)
Reported Value Measurement [Member]
Cash and Cash Equivalents, at Carrying Value	$ 32,000,000	$ 29,000,000

Note 2 - Fair Value Measureme47

Note 2 - Fair Value Measurements - Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017
Asset related to the interest rate swap	$ 187
Fair value of derivative instrument		$ (190)
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Money market mutual funds	115,416	116,043
Asset related to the interest rate swap
Fair value of derivative instrument
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Money market mutual funds
Asset related to the interest rate swap	$ 187
Fair value of derivative instrument		$ (190)

Note 2 - Fair Value Measureme48

Note 2 - Fair Value Measurements - Fair Values of the Derivative Instrument (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017
Derivative instrument:
Fair value of derivative instrument	$ 187
Fair value of derivative instrument		$ (190)
Interest Rate Swap [Member] | Other Noncurrent Assets [Member]
Derivative instrument:
Fair value of derivative instrument	$ 187
Interest Rate Swap [Member] | Other Noncurrent Liabilities [Member]
Derivative instrument:
Fair value of derivative instrument		$ (190)

Note 3 - Income Taxes (Details

Note 3 - Income Taxes (Details Textual) - USD ($)	12 Months Ended
	Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2017
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		34.00%
Income Tax Rate, Transition Tax on Accumulated Foreign Earnings, Percent		15.50%
Income Tax Expense, Transition Tax on Accumulated Foreign Earnings		$ 10,000,000
Accumulated Foreign Earnings, Subject to Transition Tax		64,000,000
Income Tax Benefit, Net Operating Losses Related to Deemed Repatriation of Accumulated Foreign Earnings		5,600,000
Income Tax Benefit, Research and Development Tax Credits Related to Deemed Repatriation of Accumulated Foreign Earnings		1,600,000
Income Tax Benefit, Foreign Tax Credits Related to Deemed Repatriation of Accumulated Foreign Earnings		4,100,000
Transition Tax for Accumulated Foreign Earnings, Liability		2,000,000
Undistributed Earnings of Foreign Subsidiaries		81,000,000
Deferred Tax Assets, Valuation Allowance		33,665,000	$ 29,868,000
Operating Loss Carryforwards		36,700,000
Tax Credit Carryforward, Amount		20,200,000
Unrecognized Tax Benefits, Period Increase (Decrease)		(100,000)
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense		39,000
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued		$ 300,000
Scenario, Forecast [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%

Note 3 - Income Taxes - Summary

Note 3 - Income Taxes - Summary of Consolidated Net (Loss) Income Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Domestic net (loss) income before income taxes	$ (4,793)	$ (3,774)	$ (7,835)
Foreign net (loss) income before income taxes	585	7,600	18,371
(Loss) income before income taxes	$ (4,208)	$ 3,826	$ 10,536

Note 3 - Income Taxes - Income

Note 3 - Income Taxes - Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
U.S. federal	$ 2,862	$ 437	$ (1,656)
State	38	30	26
Foreign	2,433	3,894	2,591
Subtotal	5,333	4,361	961
U.S. federal	(519)	11,564	(956)
State	19	3,610	303
Foreign	24	(348)	63
Subtotal	(476)	14,826	(590)
Equity adjustment		89	1,253
Total	$ 4,857	$ 19,276	$ 1,624

Note 3 - Income Taxes - Reconci

Note 3 - Income Taxes - Reconciliation of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Computed expected tax expense (benefit)	$ (1,431)	$ 1,301	$ 3,582
State income taxes, net of federal income tax expense	(157)	(54)	252
Incremental tax expense (benefit) from foreign operations	923	137	(2,548)
Non-deductible equity compensation	(1,004)	(29)	254
Foreign withholding taxes	794	676	968
Net change in valuation allowance	5,448	16,861	2,564
Net change in contingency reserve	(81)	198	(379)
Non-deductible expenses	(407)	660	621
Benefit of tax credits	(1,766)	(1,243)	(3,186)
Subpart F income	302	345	254
Rate change impact	187	19	193
Benefit from liquidation utilized			(1,321)
U.S. Tax Reform (the “Tax Act”)	1,951
Other	98	405	370
Total	$ 4,857	$ 19,276	$ 1,624

Note 3 - Income Taxes - Deferre

Note 3 - Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017
Allowance for doubtful accounts and sales adjustments	$ 367	$ 356
Accrued vacation	1,590	2,033
Tax credits	18,583	13,116
Deferred revenue	3,493	3,465
Net operating loss carry forwards	10,337	10,255
Accrued expenses - other	1,849	1,695
Other comprehensive income	1,164
Section 263(a) interest capitalization	206	322
Equity compensation	4,380	5,399
Other	1,243	2,039
Total deferred tax assets	43,212	38,680
Less valuation allowance	(33,665)	(29,868)
Less netting of unrecognized tax benefits against deferred tax assets	(930)	(954)
Deferred tax assets, net of valuation allowance	8,617	7,858
Depreciation and amortization	(442)	(630)
Other comprehensive income		(1,009)
Other	(231)	(53)
Total deferred tax liabilities	(673)	(1,692)
Total net deferred tax assets	$ 7,944	$ 6,166

Note 3 - Income Taxes - Unrecog

Note 3 - Income Taxes - Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017
Unrecognized tax benefits at beginning of the year	$ 1,743	$ 1,545
Decreases as a result of tax positions taken in a prior period	(115)	(79)
Increases as a result of tax positions taken in the prior period	58	365
Reduction as a result of a lapse of the statute of limitations	(24)	(88)
Unrecognized tax benefit at end of year	$ 1,662	$ 1,743

Note 3 - Income Taxes - Open Ta

Note 3 - Income Taxes - Open Tax Years (Details)	12 Months Ended
	Jan. 31, 2018
U.S. Federal [Member]
Open tax years	FY15 and beyond
California [Member]
Open tax years	FY14 and beyond
Michigan [Member]
Open tax years	FY14 and beyond
New Jersey [Member]
Open tax years	FY14 and beyond
Australia [Member]
Open tax years	FY14 and beyond
France [Member]
Open tax years	FY15 and beyond
India [Member]
Open tax years	FY10, FY11, FY13, and FY14
Ireland [Member]
Open tax years	FY14 and beyond
United Kingdom [Member]
Open tax years	FY17 and beyond

Note 4 - Stockholders' Equity56

Note 4 - Stockholders' Equity (Details Textual)	12 Months Ended
	Jan. 31, 2018
Class A Common Stock to Class B Common Stock, Cash or Stock Dividends Payout Ratio	120.00%

Note 4 - Stockholders' Equity -

Note 4 - Stockholders' Equity - Dividends (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Amount	$ 5,367	$ 5,301	$ 5,235
Dividends Declaration Date One [Member]
Record Date	Dec. 26, 2017
Payable	Jan. 4, 2018
Amount	$ 1,346
Dividends Declaration Date One [Member] | Common Class A [Member]
Dividend Per Share (in dollars per share)	$ 0.072
Dividends Declaration Date One [Member] | Common Class B [Member]
Dividend Per Share (in dollars per share)	$ 0.06
Dividends Declaration Date Two [Member]
Record Date	Sep. 26, 2017
Payable	Oct. 3, 2017
Amount	$ 1,346
Dividends Declaration Date Two [Member] | Common Class A [Member]
Dividend Per Share (in dollars per share)	$ 0.072
Dividends Declaration Date Two [Member] | Common Class B [Member]
Dividend Per Share (in dollars per share)	$ 0.06
Dividend Declaration Date Three [Member]
Record Date	Jun. 27, 2017
Payable	Jul. 6, 2017
Amount	$ 1,344
Dividend Declaration Date Three [Member] | Common Class A [Member]
Dividend Per Share (in dollars per share)	$ 0.072
Dividend Declaration Date Three [Member] | Common Class B [Member]
Dividend Per Share (in dollars per share)	$ 0.06
Dividend Declaration Date Four [Member]
Record Date	Apr. 25, 2017
Payable	May 2, 2017
Amount	$ 1,331
Dividend Declaration Date Four [Member] | Common Class A [Member]
Dividend Per Share (in dollars per share)	$ 0.072
Dividend Declaration Date Four [Member] | Common Class B [Member]
Dividend Per Share (in dollars per share)	$ 0.06

Note 5 - Stock-based Compensa58

Note 5 - Stock-based Compensation (Details Textual) - USD ($)	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016	Jun. 14, 2016	Jan. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Non-employee Board Members, Maximum Grants Per Year, Value	$ 250,000
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	25.00%
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	4 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	653,000	623,000	617,000		503,000
Shares Paid for Tax Withholding for Share Based Compensation	74,000	75,000	52,000
Adjustments Related to Tax Withholding for Share-based Compensation	$ 2,400,000	$ 1,500,000	$ 1,400,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 12,500,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	2 years 255 days
Stock Appreciation Rights (SARs) [Member]
Shares Paid for Tax Withholding for Share Based Compensation	31,000	25,000	44,000
Adjustments Related to Tax Withholding for Share-based Compensation	$ 1,000,000	$ 600,000	$ 1,100,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 5,700,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	2 years 219 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value	$ 3,000,000	$ 2,100,000	$ 3,700,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 9.59	$ 5.43	$ 8.70
The 2016 Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized				4,000,000
The 2016 Program [Member] | Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	3,321,000
The 2016 Program [Member] | Common Class A [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	281,000
The 2016 Program [Member] | Common Class A [Member] | Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	380,000
The 2006 Program [Member] | Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	25.00%
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	4 years
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	8 years
The 2006 Program [Member] | Common Class A [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	372,000
The 2006 Program [Member] | Common Class A [Member] | Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	2,276,000
The 2006 Program [Member] | Common Class B [Member] | Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	368,000

Note 5 - Stock-based Compensa59

Note 5 - Stock-based Compensation - Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Allocated stock-based compensation expense	$ 8,924	$ 7,323	$ 7,440
Cost of Subscription [Member]
Allocated stock-based compensation expense	161	113	76
Cost of Maintenance and Other Revenue [Member]
Allocated stock-based compensation expense	384	299	271
Cost of Professional Services [Member]
Allocated stock-based compensation expense	1,085	848	739
Selling and Marketing Expense [Member]
Allocated stock-based compensation expense	1,510	1,200	1,377
Research and Development Expense [Member]
Allocated stock-based compensation expense	1,226	1,009	900
General and Administrative Expense [Member]
Allocated stock-based compensation expense	$ 4,558	$ 3,854	$ 4,077

Note 5 - Stock-based Compensa60

Note 5 - Stock-based Compensation - RSUs Activity (Details) - Restricted Stock Units (RSUs) [Member] - $ / shares shares in Thousands		12 Months Ended
		Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Restricted stock (in shares)		623	617	503
Restricted stock, weighted average grant date fair value (in dollars per share)		$ 20.56	$ 20.91	$ 16.27
Granted (in shares)		295	307	326
Granted, weighted average grant date fair value (in dollars per share)		$ 30.69	$ 18.54	$ 24.75
Released (in shares)	[1]	(245)	(259)	(192)
Released, weighted average grant date fair value (in dollars per share)	[1]	$ 20.48	$ 18.96	$ 15.58
Forfeited (in shares)		(20)	(42)	(20)
Forfeited, weighted average grant date fair value (in dollars per share)		$ 22.36	$ 20.69	$ 18.93
Restricted stock (in shares)		653	623	617
Restricted stock, weighted average grant date fair value (in dollars per share)		$ 25.10	$ 20.56	$ 20.91
[1]	The number of RSUs released includes shares withheld on behalf of employees to satisfy minimum statutory tax withholding requirements. During the fiscal years ended January 31, 2018, 2017 and 2016, the Company withheld 74,000 shares, 75,000 shares and 52,000 shares, respectively, for payment of these taxes. The value of the withheld shares for the fiscal years ended January 31, 2018, 2017 and 2016 were $2.4 million, $1.5 million and $1.4 million, respectively.

Note 5 - Stock-based Compensa61

Note 5 - Stock-based Compensation - Weighted Average Assumption to Value SARs (Details) - Stock Appreciation Rights (SARs) [Member]	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Expected life in years (Year)	5 years 182 days	5 years 91 days	5 years
Risk free interest rate	1.82%	1.16%	1.64%
Volatility	33.00%	36.00%	41.00%
Dividend rate	0.91%	1.51%	1.10%

Note 5 - Stock-based Compensa62

Note 5 - Stock-based Compensation - Options/SARs Activity (Details) - Options/SARs [Member] - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Outstanding (in shares)	2,793	2,596	2,499
Outstanding, weighted average exercise price (in dollars per share)	$ 15.51	$ 14.74	$ 12.69
Granted (in shares)	380	380	380
Granted, weighted average exercise price (in dollars per share)	$ 31.65	$ 18.64	$ 25.34
Exercised (in shares)	(139)	(158)	(266)
Exercised, weighted average exercise price (in dollars per share)	$ 10.52	$ 10.94	$ 10.69
Expired (in shares)	(10)	(17)	(12)
Expired, weighted average exercise price (in dollars per share)	$ 9.74	$ 12.56	$ 14.22
Forfeited (in shares)		(8)	(5)
Forfeited, weighted average exercise price (in dollars per share)		$ 12.09	$ 12.05
Outstanding (in shares)	3,024	2,793	2,596
Outstanding, weighted average exercise price (in dollars per share)	$ 17.78	$ 15.51	$ 14.74
Outstanding, weighted average remaining contractual term (Year)	4 years
Outstanding, aggregate intrinsic value	$ 72,901
Vested and exercisable (in shares)	2,073
Vested and exercisable, weighted average exercise price (in dollars per share)	$ 14.25
Vested and exercisable, weighted average remaining contractual term (Year)	2 years 328 days
Vested and exercisable, aggregate intrinsic value	$ 57,045

Note 6 - Deferred Revenues - Su

Note 6 - Deferred Revenues - Summary of Deferred Revenues (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017
Deferred revenue	$ 116,693	$ 104,125
Long-term deferred revenue	2,156	2,353
Total deferred revenues	118,849	106,478
Software Service, Support and Maintenance Arrangement [Member]
Deferred revenue	80,811	78,923
Subscription Arrangement [Member]
Deferred revenue	31,034	20,389
Nonsoftware Service, Support and Maintenance Arrangement [Member]
Deferred revenue	3,523	2,550
Software License Arrangement [Member]
Deferred revenue	756	1,740
Deferred Other Revenue [Member]
Deferred revenue	$ 569	$ 523

Note 7 - Other Balance Sheet 64

Note 7 - Other Balance Sheet Accounts - Summary of Other Balance Sheet Accounts (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017
Other current assets
Deferred cost of revenues	$ 8,330	$ 8,194
Prepaid expenses	5,847	4,879
Income tax receivable, net of payables	213	928
Other	1,466	1,350
	15,856	15,351
Other assets, net
Other intangibles, net		415
Long-term deposits and prepaid expenses	2,463	1,323
Fair value of interest rate swap	187
Other long-term assets	405	950
	3,055	2,688
Accounts payable
Trade payables	9,346	7,392
VAT payable	5,472	3,924
	14,818	11,316
Other current liabilities
Accrued commissions and bonus	18,039	13,449
Accrued compensated absences	9,177	8,346
Other accrued payroll	6,038	4,477
Accrued professional fees	1,884	1,709
Accrued travel	1,839	1,304
Accrued contract labor	2,655	812
Other current liabilities	3,828	3,539
	43,460	33,636
Other liabilities
Long-term deferred revenue	2,156	2,353
Fair value of interest rate swap		190
Long-term tax contingency reserve	688	764
Lease restoration obligations	859	736
Other	1,736	871
	$ 5,439	$ 4,914

Note 8 - Debt (Details Textual)

Note 8 - Debt (Details Textual) - USD ($)	May 30, 2012	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016	Jun. 30, 2017
2012 Mortgage [Member] | Quad Ortega Hill LLC [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate		1.56%
2012 Mortgage [Member] | Rabobank N.A [Member] | Quad Ortega Hill LLC [Member]
Debt Instrument, Face Amount	$ 16,100,000
Debt Instrument, Periodic Payment	88,100
Final Principal Payment	11,700,000
2012 Mortgage [Member] | Rabobank N.A [Member] | Quad Ortega Hill LLC [Member] | Swap [Member]
Derivative Liability, Notional Amount	$ 16,100,000
Derivative, Fixed Interest Rate	4.31%
2012 Mortgage [Member] | Rabobank N.A [Member] | Quad Ortega Hill LLC [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	2.25%
Unsecured Credit Agreement [Member] | Rabobank N.A [Member]
Loans Payable to Bank		$ 13,800,000
Line of Credit Facility, Maximum Borrowing Capacity					$ 20,000,000
Proceeds from Lines of Credit		$ 0	$ 0	$ 0

Note 8 - Debt - Summary of Debt

Note 8 - Debt - Summary of Debt (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017
Note payable	$ 13,825	$ 14,269
Less current maturities	(466)	(446)
Less loan origination costs, net	(46)	(56)
Long-term debt	$ 13,313	$ 13,767

Note 9 - Accumulated Other Co67

Note 9 - Accumulated Other Comprehensive Loss (Details Textual) $ in Thousands	12 Months Ended
	Jan. 31, 2018USD ($)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	$ 0

Note 9 - Accumulated Other Co68

Note 9 - Accumulated Other Comprehensive Loss - Components of Accumulated Other Comprehensive Loss (Details) $ in Thousands	12 Months Ended
	Jan. 31, 2018USD ($)
Balance	$ 112,686
Balance	105,628
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Balance	(8,631)
Other comprehensive loss before reclassifications	1,803
Amounts reclassified from accumulated other comprehensive loss
Net current period other comprehensive loss	1,803
Balance	$ (6,828)

Note 10 - Employee Benefit Pl69

Note 10 - Employee Benefit Plans (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Foreign Plan [Member] | Pension Plan [Member]
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 5.3	$ 4.8	$ 4.8
Foreign Plan [Member] | Pension Plan [Member] | Minimum [Member]
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay	3.00%
Foreign Plan [Member] | Pension Plan [Member] | Maximum [Member]
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay	20.00%
The 401(k) Plan [Member] | UNITED STATES
Defined Contribution Plan, Employer Matching Contribution, Percent of Match	75.00%
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent	4.00%
Defined Contribution Benefit Plan Employer Matching Contribution Vesting Period	5 years
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 2.2	$ 2.1	$ 1.8

Note 11 - Commitments and Con70

Note 11 - Commitments and Contingencies (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Operating Leases, Rent Expense	$ 4.9	$ 4.9	$ 5
Contractual Obligation	$ 13

Note 11 - Commitments and Con71

Note 11 - Commitments and Contingencies - Lease Obligations (Details) $ in Millions	Jan. 31, 2018USD ($)
2,019	$ 6
2,020	4.3
2,021	2.5
2,022	0.8
2,023	0.5
Thereafter	0.2
	$ 14.3

Note 12 - Business Segment In72

Note 12 - Business Segment Information (Details Textual)	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Number of Geographic Locations	4
Number of Operating Segments	1
Geographic Concentration Risk [Member] | North America Revenue [Member] | CANADA
Concentration Risk, Percentage	2.00%	2.00%	2.00%

Note 12 - Business Segment In73

Note 12 - Business Segment Information - Revenue by Region (Details) - USD ($) $ in Thousands		3 Months Ended								12 Months Ended
		Jan. 31, 2018	Oct. 31, 2017	Jul. 31, 2017	Apr. 30, 2017	Jan. 31, 2017	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Revenue		$ 80,753	$ 76,925	$ 75,958	$ 71,382	$ 73,264	$ 69,534	$ 69,778	$ 65,397	$ 305,018	$ 277,973	$ 277,852
Poperty and equipment, net		30,408				30,872				30,408	30,872
Reportable Geographical Components [Member] | North America [Member]
Revenue	[1]									141,614	129,436	127,776
Poperty and equipment, net		25,546				26,601				25,546	26,601
Reportable Geographical Components [Member] | EMEA [Member]
Revenue										89,693	81,765	84,268
Poperty and equipment, net		3,444				2,861				3,444	2,861
Reportable Geographical Components [Member] | Asia Pacific [Member]
Revenue										50,689	47,742	46,457
Poperty and equipment, net		1,141				1,075				1,141	1,075
Reportable Geographical Components [Member] | Latin America [Member]
Revenue										23,022	19,030	$ 19,351
Poperty and equipment, net		$ 277				$ 335				$ 277	$ 335
[1]	Sales into Canada accounted for 2% of North America total revenue for each of the fiscal years 2018, 2017 and 2016.

Note 13 - Quarterly Informati74

Note 13 - Quarterly Information (Unaudited) - Schedule of Quarterly Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 31, 2018	Oct. 31, 2017	Jul. 31, 2017	Apr. 30, 2017	Jan. 31, 2017	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Total revenue	$ 80,753	$ 76,925	$ 75,958	$ 71,382	$ 73,264	$ 69,534	$ 69,778	$ 65,397	$ 305,018	$ 277,973	$ 277,852
Total costs and expenses	83,441	76,495	75,415	72,741	69,128	67,275	69,816	68,390	149,425	130,851	126,562
Gross margin	40,934	38,879	39,264	36,516	40,412	36,477	36,974	33,259	155,593	147,122	151,290
Operating (loss) income	(2,688)	430	543	(1,359)	4,136	2,259	(38)	(2,993)	(3,074)	3,364	10,171
Net (loss) income	$ (5,172)	$ (161)	$ (1,161)	$ (2,571)	$ (15,159)	$ 1,533	$ 968	$ (2,792)	(9,065)	(15,450)	8,912
Common Class A [Member]
Net (loss) income									$ (7,762)	$ (13,211)	$ 7,606
Basic net (loss) income per common share (in dollars per share)	$ (0.28)	$ (0.01)	$ (0.06)	$ (0.14)	$ (0.82)	$ 0.08	$ 0.05	$ (0.15)	$ (0.49)	$ (0.84)	$ 0.49
Diluted net (loss) income per common share (in dollars per share)	(0.28)	(0.01)	(0.06)	(0.14)	(0.82)	0.08	0.05	(0.15)	$ (0.49)	$ (0.84)	$ 0.47
Common Class B [Member]
Net (loss) income									$ (1,303)	$ (2,239)	$ 1,306
Basic net (loss) income per common share (in dollars per share)	(0.23)	(0.01)	(0.05)	(0.12)	(0.68)	0.07	0.04	(0.13)	$ (0.41)	$ (0.70)	$ 0.41
Diluted net (loss) income per common share (in dollars per share)	$ (0.23)	$ (0.01)	$ (0.05)	$ (0.12)	$ (0.68)	$ 0.07	$ 0.04	$ (0.13)	$ (0.41)	$ (0.70)	$ 0.40

Schedule II - Schedule of Val75

Schedule II - Schedule of Valuation and Qualifying Accounts - Schedule of Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2016
Allowance for Bad Debt [Member]
Balance at beginning of period	$ 1,090	$ 1,242	$ 1,194
Charged to statements of income	98	40	78
Write-offs, net of recoveries	(834)	(184)	(5)
Impact of foreign currency translation	(42)	(8)	(25)
Balance at end of period	396	1,090	1,242
Impact of foreign currency translation	42	8	25
Allowance for Sales Returns [Member]
Balance at beginning of period	1,115	1,400	1,330
Charged to statements of income	923	197	696
Write-offs, net of recoveries	(733)	(472)	(555)
Impact of foreign currency translation	(62)	(10)	(71)
Balance at end of period	1,367	1,115	1,400
Impact of foreign currency translation	62	10	71
Allowance for Doubtful Accounts [Member]
Balance at beginning of period	2,205	2,642	2,524
Charged to statements of income	1,021	237	774
Write-offs, net of recoveries	(1,567)	(656)	(560)
Impact of foreign currency translation	(104)	(18)	(96)
Balance at end of period	1,763	2,205	2,642
Impact of foreign currency translation	$ 104	$ 18	$ 96