Qad (QADA) 10-Q 10 Dec 18 2019 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Oct. 31, 2018	Nov. 30, 2018
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 Emerging Growth Company	false
Entity Small Business	false
Document Type	10-Q
Document Period End Date	Oct. 31, 2018
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q3
Amendment Flag	false
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		16,362,810
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		3,263,906

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Oct. 31, 2018	Jan. 31, 2018
Assets
Cash and equivalents	$ 138,080	$ 147,023
Accounts receivable, net of allowances of $2,161 and $1,763 at October 31, 2018 and January 31, 2018, respectively	46,420	83,518
Other current assets, net	19,493	15,856
Total current assets	203,993	246,397
Property and equipment, net	29,600	30,408
Capitalized software costs, net	1,486	990
Goodwill	12,284	11,023
Deferred tax assets, net	11,363	7,944
Other assets, net	11,784	3,055
Total assets	270,510	299,817
Liabilities and Stockholders’ Equity
Current portion of long-term debt	481	466
Accounts payable	10,660	14,818
Deferred revenue	80,537	116,693
Other current liabilities	35,059	43,460
Total current liabilities	126,737	175,437
Long-term debt	12,957	13,313
Other liabilities	4,773	5,439
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.001 par value. Authorized 5,000,000 shares; none issued or outstanding
Additional paid-in capital	194,292	200,456
Treasury stock, at cost (517,582 shares and 892,700 shares at October 31, 2018 and January 31, 2018, respectively)	(7,384)	(12,461)
Accumulated deficit	(52,047)	(75,559)
Accumulated other comprehensive loss	(8,838)	(6,828)
Total stockholders’ equity	126,043	105,628
Total liabilities and stockholders’ equity	270,510	299,817
Common Class A [Member]
Stockholders’ equity:
Common stock	16	16
Common Class B [Member]
Stockholders’ equity:
Common stock	$ 4	$ 4

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Oct. 31, 2018	Jan. 31, 2018
Accounts receivable, net of allowance	$ 2,161	$ 1,763
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)	517,582	892,700
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

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Revenue:
Revenues	$ 79,577	$ 76,925	$ 250,310	$ 224,265
Costs of revenue:
Costs of revenues	37,361	38,046	118,864	109,606
Gross profit	42,216	38,879	131,446	114,659
Operating expenses:
Sales and marketing	18,447	17,697	57,895	52,981
Research and development	13,155	12,111	40,674	35,332
General and administrative	8,095	8,556	26,823	26,373
Amortization of intangibles from acquisitions	45	85	45	359
Total operating expenses	39,742	38,449	125,437	115,045
Operating income (loss)	2,474	430	6,009	(386)
Other (income) expense:
Interest income	(646)	(440)	(1,913)	(1,101)
Interest expense	177	195	488	508
Other (income) expense, net	(636)	(413)	(1,309)	1,399
Total other (income) expense	(1,105)	(658)	(2,734)	806
Income (loss) before income taxes	3,579	1,088	8,743	(1,192)
Income tax expense	597	1,249	3,251	2,701
Net income (loss)	2,982	(161)	5,492	(3,893)
Diluted net (loss) income per share
Net income (loss)	2,982	(161)	5,492	(3,893)
Other comprehensive income, net of tax:
Foreign currency translation adjustment	(1,174)	(743)	(2,010)	1,029
Total comprehensive income (loss)	1,808	(904)	3,482	(2,864)
Common Class A [Member]
Other (income) expense:
Net income (loss)	$ 2,557	$ (139)	$ 4,707	$ (3,332)
Basic net income (loss) per share
Basic net (loss) income per share (in dollars per share)	$ 0.16	$ (0.01)	$ 0.29	$ (0.21)
Diluted net (loss) income per share
Diluted net (loss) income per share (in dollars per share)	$ 0.14	$ (0.01)	$ 0.26	$ (0.21)
Net income (loss)	$ 2,557	$ (139)	$ 4,707	$ (3,332)
Common Class B [Member]
Other (income) expense:
Net income (loss)	$ 425	$ (22)	$ 785	$ (561)
Basic net income (loss) per share
Basic net (loss) income per share (in dollars per share)	$ 0.13	$ (0.01)	$ 0.24	$ (0.17)
Diluted net (loss) income per share
Diluted net (loss) income per share (in dollars per share)	$ 0.12	$ (0.01)	$ 0.23	$ (0.17)
Net income (loss)	$ 425	$ (22)	$ 785	$ (561)
Subscription and Circulation [Member]
Revenue:
Revenues	23,863	17,190	67,813	49,953
Costs of revenue:
Costs of revenues	8,686	7,605	25,248	22,753
License [Member]
Revenue:
Revenues	4,631	6,628	16,458	18,636
Costs of revenue:
Costs of revenues	534	690	1,772	2,203
Maintenance [Member]
Revenue:
Revenues	30,401	32,407	92,458	96,284
Costs of revenue:
Costs of revenues	7,716	7,840	23,355	23,374
Professional Services [Member]
Revenue:
Revenues	20,682	20,700	73,581	59,392
Costs of revenue:
Costs of revenues	$ 20,425	$ 21,911	$ 68,489	$ 61,276

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Cash flows from operating activities:
Net income (loss)	$ 5,492	$ (3,893)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	4,100	4,401
Amortization of costs capitalized to obtain and fulfill contracts	3,107
Net change in valuation allowance	3,760	4,182
Other deferred income taxes	(824)	(4,565)
Loss on disposal of equipment	26	52
Provision for doubtful accounts and sales adjustments	926	675
Stock compensation expense	7,618	6,671
Change in fair value of derivative instrument	(198)	(103)
Changes in assets and liabilities:
Accounts receivable	33,923	19,085
Costs capitalized to obtain and fulfill contracts	(2,510)
Other assets	688	2,023
Accounts payable	(3,503)	(981)
Deferred revenue	(30,977)	(23,839)
Other liabilities	(6,511)	(864)
Net cash provided by operating activities	15,117	2,844
Cash flows from investing activities:
Purchase of property and equipment	(3,225)	(2,587)
Acquisition of businesses, net of cash acquired	(2,655)
Capitalized software costs	(778)	(809)
Net cash used in investing activities	(6,658)	(3,396)
Cash flows from financing activities:
Repayments of debt	(350)	(333)
Tax payments related to stock awards	(8,705)	(3,243)
Cash dividends paid	(4,105)	(4,021)
Net cash used in financing activities	(13,160)	(7,597)
Effect of exchange rates on cash and equivalents	(4,242)	3,094
Net decrease in cash and equivalents	(8,943)	(5,055)
Cash and equivalents at beginning of period	147,023	145,082
Cash and equivalents at end of period	138,080	140,027
Interest	458	458
Income taxes, net of refunds	$ 2,558	$ 2,865

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation and Recent Accounting Pronouncements	9 Months Ended
	Oct. 31, 2018
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	1. BASIS OF PRESENTATION AND RECENT ACCOUNTING PRONOUNCEMENTS Basis of Presentation In the opinion of management, the accompanying unaudited Condensed Consolidated Financial Statements fairly present the financial information contained therein. These statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10 10 X. not 10 January 31, 2018. three nine October 31, 2018 not January 31, 2019. The Company’s accounting policies are set forth in detail in Note 1 10 January 31, 2018 Effective February 1, 2018, No.2014 09, Revenue from Contracts with Customers 606” 2 2 10 Certain prior year amounts have been reclassified for consistency with the current year presentation. Adjustments were made to the operating activities section of the Condensed Consolidated Statements of Cash Flows. These reclassifications had no no Recent Accounting Pronouncements With the exception of those discussed below, there have been no three nine October 31, 2018, Recent Accounting Pronouncements Adopted In October 2016, 2016 16, Intra-Entity Transfers of Assets Other Than Inventory December 15, 2017 2016 16 February 1, 2018 $9.6 In August 2016, 2016 15, Statement of Cash Flows (Topic 230 ) Classification of Certain Cash Receipts and Cash Payments December 15, 2017 2016 15 February 1, 2018 no In May 2014, 2014 09, Revenue from Contracts with Customers 606 Revenue Recognition 605 985 605 Software - Revenue Recognition 605 985 605 605” 606, 606 The Company adopted Topic 606 first 2019 2019 606. not not 606 606. The most significant impacts of the adoption of Topic 606 ● Removal of vendor specific objective evidence (“VSOE”) under prior GAAP resulted in earlier recognition of license and services revenues in those instances where the Company sold a multi-element deal where services did not $2.0 ● Removal of the limitation on contingent revenue resulted in revenue being recognized earlier for certain contracts. At adoption, QAD decreased accumulated deficit and increased contract assets by $0.8 ● Contracts containing a future option to the customer represented a material right which resulted in deferral of revenue. At adoption, QAD increased accumulated deficit and deferred revenue by $0.3 ● Commission expenses related to new cloud and maintenance contracts are no five $9.1 ● Sales agent fees to obtain new cloud and maintenance contracts are no five $1.0 ● Cloud environment setup costs incurred to fulfill new cloud customer contracts are no five $1.5 The tax impact of the above adjustments was assessed and, at adoption, QAD increased accumulated deficit and decreased net deferred tax assets by $1.6 Adjustments to beginning consolidated balance sheet accounts The following table presents the cumulative effect adjustments, net of income tax effects, to beginning consolidated balance sheet accounts for the new accounting standards adopted by the Company on the first 2019: Jan. 31, 2018 Topic 606 ASU2016-16 (1) Feb. 1, 2018 (in thousands) Assets Current assets: Cash and equivalents $ 147,023 $ - $ - $ 147,023 Accounts receivable, net 83,518 - - 83,518 Other current assets, net 15,856 4,013 - 19,869 Total current assets 246,397 4,013 - 250,410 Property and equipment, net 30,408 - - 30,408 Capitalized software costs, net 990 - - 990 Goodwill 11,023 - - 11,023 Deferred tax assets, net 7,944 (1,643 ) 9,584 15,885 Other assets, net 3,055 8,421 - 11,476 Total assets $ 299,817 $ 10,791 $ 9,584 $ 320,192 Liabilities and stockholders’ equity Current portion of long-term debt $ 466 $ - $ - $ 466 Accounts payable 14,818 - - 14,818 Deferred revenue 116,693 (1,239 ) - 115,454 Other current liabilities 43,460 - - 43,460 Total current liabilities 175,437 (1,239 ) - 174,198 Long-term debt 13,313 - - 13,313 Other liabilities 5,439 (511 ) - 4,928 Stockholders’ equity Common stock - Class A 16 - - 16 Common stock - Class B 4 - - 4 Additional paid-in capital 200,456 - - 200,456 Treasury stock (12,461 ) - - (12,461 ) Accumulated deficit (75,559 ) 12,541 9,584 (53,434 ) Accumulated other comprehensive loss (6,828 ) - - (6,828 ) Total stockholders’ equity 105,628 12,541 9,584 127,753 Total liabilities and stockholders’ equity $ 299,817 $ 10,791 $ 9,584 $ 320,192 ___________________________ ( 1 For further information about the adoption of Income taxes (Topic 740 ): Intra-entity Transfers of Assets Other Than Inventory 9 The following table summarizes the effects of adopting Topic 606 October 31, 2018: As reported under Topic 606 Adjustments Balances under Prior GAAP (in thousands) Assets Current assets: Cash and equivalents $ 138,080 $ - $ 138,080 Accounts receivable, net 46,420 - 46,420 Other current assets, net 19,493 (4,087 ) 15,406 Total current assets 203,993 (4,087 ) 199,906 Property and equipment, net 29,600 - 29,600 Capitalized software costs, net 1,486 - 1,486 Goodwill 12,284 - 12,284 Deferred tax assets, net 11,363 959 12,322 Other assets, net 11,784 (7,438 ) 4,346 Total assets $ 270,510 $ (10,566 ) $ 259,944 Liabilities and stockholders’ equity Current portion of long-term debt $ 481 $ - $ 481 Accounts payable 10,660 - 10,660 Deferred revenue 80,537 3,630 84,167 Other current liabilities 35,059 - 35,059 Total current liabilities 126,737 3,630 130,367 Long-term debt 12,957 - 12,957 Other liabilities 4,773 645 5,418 Stockholders’ equity Common stock - Class A 16 - 16 Common stock - Class B 4 - 4 Additional paid-in capital 194,292 - 194,292 Treasury stock (7,384 ) - (7,384 ) Accumulated deficit (52,047 ) (14,861 ) (66,908 ) Accumulated other comprehensive loss (8,838 ) 20 (8,818 ) Total stockholders’ equity 126,043 (14,841 ) 111,202 Total liabilities and stockholders’ equity $ 270,510 $ (10,566 ) $ 259,944 The following table summarizes the effects of adopting Topic 606 three October 31, 2018: As reported under Topic 606 Adjustments Balances under Prior GAAP (in thousands, except per share amounts) Revenue Subscription fees $ 23,863 $ (517 ) $ 23,346 License fees 4,631 188 4,819 Maintenance and other 30,401 50 30,451 Professional services 20,682 (231 ) 20,451 Total revenue 79,577 (510 ) 79,067 Cost of revenue: Subscription fees 8,686 (38 ) 8,648 License fees 534 - 534 Maintenance and other 7,716 - 7,716 Professional services 20,425 - 20,425 Total cost of revenue 37,361 (38 ) 37,323 Gross profit 42,216 (472 ) 41,744 Operating expenses: Sales and marketing 18,447 (306 ) 18,141 Research and development 13,155 (59 ) 13,096 General and administrative 8,095 - 8,095 Amortization of intangibles from acquisitions 45 - 45 Total operating expenses 39,742 (365 ) 39,377 Operating income 2,474 (107 ) 2,367 Other (income) expense Interest income (646 ) - (646 ) Interest expense 177 - 177 Other income (636 ) - (636 ) Total other income, net (1,105 ) - (1,105 ) Income before income taxes 3,579 (107 ) 3,472 Income tax expense 597 4 601 Net income $ 2,982 $ (111 ) $ 2,871 Basic income per share Class A $ 0.16 $ (0.01 ) $ 0.15 Class B $ 0.13 $ (0.00 ) $ 0.13 Diluted income per share Class A $ 0.14 $ (0.01 ) $ 0.13 Class B $ 0.12 $ (0.00 ) $ 0.12 The following table summarizes the effects of adopting Topic 606 nine October 31, 2018: As reported under Topic 606 Adjustments Balances under Prior GAAP (in thousands, except per share amounts) Revenue Subscription fees $ 67,813 $ (1,074 ) $ 66,739 License fees 16,458 (1,198 ) 15,260 Maintenance and other 92,458 163 92,621 Professional services 73,581 (1,077 ) 72,504 Total revenue 250,310 (3,186 ) 247,124 Cost of revenue: Subscription fees 25,248 (24 ) 25,224 License fees 1,772 - 1,772 Maintenance and other 23,355 - 23,355 Professional services 68,489 - 68,489 Total cost of revenue 118,864 (24 ) 118,840 Gross profit 131,446 (3,162 ) 128,284 Operating expenses: Sales and marketing 57,895 (590 ) 57,305 Research and development 40,674 (177 ) 40,497 General and administrative 26,823 - 26,823 Amortization of intangibles from acquisitions 45 - 45 Total operating expenses 125,437 (767 ) 124,670 Operating income 6,009 (2,395 ) 3,614 Other (income) expense Interest income (1,913 ) - (1,913 ) Interest expense 488 - 488 Other income (1,309 ) - (1,309 ) Total other income, net (2,734 ) - (2,734 ) Income before income taxes 8,743 (2,395 ) 6,348 Income tax expense 3,251 (75 ) 3,176 Net income $ 5,492 $ (2,320 ) $ 3,172 Basic income per share Class A $ 0.29 $ (0.12 ) $ 0.17 Class B $ 0.24 $ (0.10 ) $ 0.14 Diluted income per share Class A $ 0.26 $ (0.11 ) $ 0.15 Class B $ 0.23 $ (0.10 ) $ 0.13 The following table summarizes the effects of adopting Topic 606 nine October 31, 2018: As reported under Topic 606 Adjustments Balances under Prior GAAP (in thousands) Net income $ 5,492 $ (2,320 ) $ 3,172 Amortization of costs capitalized to obtain and fulfill contracts 3,107 (2,483 ) 624 Net change in valuation allowance 3,760 648 4,408 Changes in operating assets and liabilities: Costs capitalized to obtain and fulfill contracts (2,510 ) 1,868 (642 ) Other assets 688 (258 ) 430 Deferred revenue (30,977 ) 2,525 (28,452 ) Net cash provided by operating activities 15,117 (20 ) 15,097 Effect of exchange rates on cash and equivalents (4,242 ) 20 (4,222 ) Recent Accounting Pronouncements Not Yet Adopted In February 2016, 2016 02, Leases (Topic 842 ) 2016 02 July 2018, 2018 11, 842 not 840, first 2020 not February 1, 2019, 842 not The Company has completed the first 842 may In January 2017, 2017 04, Intangibles—Goodwill and Other (Topic 350 ): Simplifying the Test for Goodwill Impairment, 2 zero 2 February 1, 2020. not 2017 04

Note 2 - Revenue

Note 2 - Revenue	9 Months Ended
	Oct. 31, 2018
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	2. REVENUE QAD offers its software using the same underlying technology via two not The Company generates revenue through sales of licenses and maintenance provided to its on-premises customers and through subscriptions of its cloud-based software. QAD offers professional services to both its on-premises and cloud customers to assist them with the design, testing and implementation of its software. The Company determines revenue recognition through the following steps: - Identification of the contract, or contracts, with a customer; - Identification of the performance obligations in the contract; - Determination of the transaction price; - Allocation of the transaction price to the performance obligations in the contract; and - Recognition of revenue when, or as, the Company satisfies a performance obligation. Revenue is presented net of sales, value-added and other taxes collected from customers and remitted to government authorities. Performance Obligations A performance obligation is a promise in a contract to transfer a distinct good or service to the customer and is the unit of account under Topic 606. The Company’s contracts which contain multiple performance obligations generally consist of the initial purchase of subscription or licenses and a professional services engagement. License purchases generally have multiple performance obligations as customers purchase maintenance in addition to the licenses. The Company’s single performance obligation arrangements are typically maintenance renewals, subscription renewals and services engagements. For contracts with multiple performance obligations where the contracted price differs from the standalone selling price ("SSP") for any distinct good or service, the Company may Judgment is required to determine the SSP for each distinct performance obligation. The Company rarely licenses or sells its software products on a stand-alone basis, so the Company is required to estimate the range of SSPs for each performance obligation. In instances where SSP is not not may Subscription Subscription revenue is recognized ratably over the initial subscription period committed to by the customer commencing when the cloud environment is made available to the customer. The initial subscription period is typically 12 60 30 Software Licenses Transfer of control for software is considered to have occurred upon electronic delivery of the license key that provides immediate availability of the product to the customer. The Company’s typical payment terms tend to vary by region but its standard payment terms are within 30 90 Maintenance 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 30 Professional Services Revenue from professional services is typically comprised of implementation, development, training or other consulting services. Consulting services are generally sold on a time-and-materials or fixed fee 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 arrangements as the services are performed. In fixed fee arrangements, revenue is recognized as services are performed as measured by costs incurred to date, compared to total estimated costs to complete the services project. Management applies judgment when estimating project status and the costs necessary to complete the services projects. A number of internal and external factors can affect these estimates, including labor rates, utilization and efficiency variances and specification and testing requirement changes. Services are generally invoiced upon milestones in the contract or upon consumption of the hourly resources and payments are typically due 30 Indirect Sales Channels The Company executes arrangements through indirect sales channels via sales agents and distributors who are authorized to market its software products to end users. In arrangements with sales agents, QAD contracts directly with the customer and sales agents are compensated on a commission basis. Distributor arrangements are those in which the resellers are authorized to market and distribute the Company’s 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 signed agreement and transfer of control has occurred to the distributor in accordance with the five not Disaggregated Revenue The Company disaggregates revenue from contracts with customers by geography and by the customers’ industry within manufacturing, as it believes it best depicts how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. The Company’s revenue by geography is as follows: Three Months Ended October 31 , Nine Months Ended October 31 , 2018 2017 2018 2017 (in thousands) (in thousands) North America $ 39,870 $ 37,319 $ 119,183 $ 105,845 EMEA 22,549 21,439 74,542 64,547 Asia Pacific 12,348 12,550 37,773 37,683 Latin America 4,810 5,617 18,812 16,190 Total revenue $ 79,577 $ 76,925 $ 250,310 $ 224,265 The Company’s revenue by industry is as follows: Three Months Ended October 31, Nine Months Ended October 31, 2018 2017 2018 2017 (in thousands) (in thousands) Automotive $ 31,035 $ 29,232 $ 102,760 $ 84,508 Consumer products and food and beverage 12,732 11,539 40,049 34,353 High technology and industrial products 23,873 25,385 74,231 72,534 Life sciences 11,937 10,769 33,270 32,870 Total revenue $ 79,577 $ 76,925 $ 250,310 $ 224,265 Management Judgments More judgments and estimates are required under Topic 606 605. 606 may may Revenue is recognized over time for the Company’s subscription, maintenance and fixed fee professional services that are separate performance obligations. For the Company’s professional services, revenue is recognized over time, generally using costs incurred or hours expended to measure progress. Judgment is required in estimating project status and the costs necessary to complete projects. A number of internal and external factors can affect these estimates, including labor rates, utilization, specification variances and testing requirement changes. If a group of agreements are entered at or near the same time and so closely related that they are, in effect, part of a single arrangement, such agreements are deemed to be combined as one If a contract includes variable consideration, the Company exercises judgment in estimating the amount of consideration to which the entity will be entitled in exchange for transferring the promised goods or services to a customer. When estimating variable consideration, the Company will consider all relevant facts and circumstances. Variable consideration will be estimated and included in the contract price only when it is probable that a significant reversal in the amount of revenue recognized will not Contract Balances The timing of revenue recognition may not not The contract assets indicated below are presented as other current and non-current assets in the Condensed Consolidated Balance Sheets. These assets primarily relate to professional services and subscription and consist of the Company’s rights to consideration for goods or services transferred but not October 31, 2018. The Company’s contract balances are as follows: As of October 31 , 2018 February 1, 2018 (In thousands) Contract assets, short-term (in Other current assets, net) $ 1,452 $ 890 Contract assets, long-term (in Other assets, net) - 110 Total contract assets $ 1,452 $ 1,000 Deferred revenue, short-term $ 80,537 $ 115,454 Deferred revenue, long-term (in Other labilities) 1,071 1,644 Total deferred revenue $ 81,608 $ 117,098 During the three nine October 31, 2018, $50.2 $150.1 606, Revenue allocated to remaining performance obligations represents the transaction price allocated to the performance obligations that are unsatisfied, or partially unsatisfied, which includes unearned revenue and amounts that will be invoiced and recognized as revenue in future periods. Contracted but unsatisfied performance obligations were approximately $214 October 31, 2018, $130.6 12 not not Deferred Revenue The Company typically invoices its customers for subscription and support fees in advance on a quarterly or annual basis, with payment due at the start of the subscription or support term. Unpaid invoice amounts for non-cancelable services starting in future periods are included in accounts receivable and deferred revenue. The portion of deferred revenue that QAD anticipates will be recognized after the succeeding twelve Deferred revenues consisted of the following: As of October 31, 2018 January 31, 2018 (in thousands) Deferred maintenance $ 50,708 $ 80,811 Deferred subscription 27,751 31,034 Deferred professional services 1,811 3,523 Deferred license 95 756 Deferred other revenue 172 569 Deferred revenues, current 80,537 116,693 Deferred revenues, non-current (in Other liabilities) 1,071 2,156 Total deferred revenues $ 81,608 $ 118,849 Practical Expedients and Exemptions There are several practical expedients and exemptions allowed under Topic 606 606: Application ● The Company does not one ● The Company generally expenses sales commissions and sales agent fees when incurred when the amortization period would have been one ● The Company also used the practical expedient to calculate contract acquisition costs based on a portfolio of contracts with similar characteristics instead of a contract by contract analysis. ● The Company does not Modified Retrospective Transition Adjustments ● For contract modifications, the Company reflected the aggregate effect of all modifications that occurred prior to the adoption date when identifying the satisfied and unsatisfied performance obligations, determining the transaction price and allocating the transaction price to satisfied and unsatisfied performance obligations for the modified contract at transition. Costs to Obtain and Fulfill a Contract The Company’s incremental direct costs of obtaining a contract consist of sales commissions and sales agent fees which are deferred and amortized ratably over the term of economic benefit which the Company has determined to be five one October 31, 2018 January 31, 2018, $10.4 $10.1 three nine October 31, 2018, $0.9 $2.7 Costs to fulfill a contract, which are incurred upon initiation of certain services contracts and are related to initial customer setup, are included in other current assets and long-term assets in the Company’s Condensed Consolidated Balance Sheets. At October 31, 2018 January 31, 2018 $1.5 five three nine October 31, 2018, $0.1 $0.4 Recoverability of these costs is subject to various business risks. Quarterly, the Company compares the carrying value of these assets with the undiscounted future cash flows expected to be generated by them to determine if there is impairment. If impaired, these assets are reduced to an estimated fair value on a discounted cash flow basis. No three nine October 31, 2018.

Note 3 - Computation of Net Inc

Note 3 - Computation of Net Income (Loss) Per Share	9 Months Ended
	Oct. 31, 2018
Notes to Financial Statements
Earnings Per Share [Text Block]	3. COMPUTATION OF NET INCOME (LOSS) PER SHARE The following table sets forth the computation of basic and diluted net income (loss) per share: Three Months Ended Nine Months Ended October 31 , October 31 , 2018 2017 2018 2017 (in thousands, except per share data) (in thousands, except per share data) Net income (loss) $ 2,982 $ (161 ) $ 5,492 $ (3,893 ) Less: Dividends declared (1,374 ) (1,345 ) (4,105 ) (4,021 ) Undistributed net income (loss) $ 1,608 $ (1,506 ) $ 1,387 $ (7,914 ) Net income (loss) per share – Class A Common Stock Dividends declared $ 1,178 $ 1,152 $ 3,518 $ 3,442 Allocation of undistributed net income (loss) 1,379 (1,291 ) 1,189 (6,774 ) Net income (loss) attributable to Class A common stock $ 2,557 $ (139 ) $ 4,707 $ (3,332 ) Weighted average shares of Class A common stock outstanding— basic 16,358 16,011 16,235 15,913 Weighted average potential shares of Class A common stock 1,590 — 1,676 — Weighted average shares of Class A common stock and potential common shares outstanding— diluted 17,948 16,011 17,911 15,913 Basic net income (loss) per Class A common share $ 0.16 $ (0.01 ) $ 0.29 $ (0.21 ) Diluted net income (loss) per Class A common share $ 0.14 $ (0.01 ) $ 0.26 $ (0.21 ) Net income (loss) per share – Class B Common Stock Dividends declared $ 196 $ 193 $ 587 $ 579 Allocation of undistributed net income (loss) 229 (215 ) 198 (1,140 ) Net income (loss) attributable to Class B common stock $ 425 $ (22 ) $ 785 $ (561 ) Weighted average shares of Class B common stock outstanding— basic 3,264 3,214 3,253 3,212 Weighted average potential shares of Class B common stock 169 — 176 — Weighted average shares of Class B common stock and potential common shares outstanding— diluted 3,433 3,214 3,429 3,212 Basic net income (loss) per Class B common share $ 0.13 $ (0.01 ) $ 0.24 $ (0.17 ) Diluted net income (loss) per Class B common share $ 0.12 $ (0.01 ) $ 0.23 $ (0.17 ) 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 and unexercised SARs are not not The following table sets forth the number of potential common shares not Three Months Ended Nine Months Ended October 31, October 31, 2018 2017 2018 2017 (in thousands) (in thousands) Class A 241 3,366 285 3,209 Class B — 378 — 384

Note 4 - Fair Value Measurement

Note 4 - Fair Value Measurements	9 Months Ended
	Oct. 31, 2018
Notes to Financial Statements
Fair Value Measurement and Measurement Inputs, Recurring and Nonrecurring [Text Block]	4. FAIR VALUE MEASUREMENTS When determining fair value, the Company uses a three not The following table sets forth the financial assets, measured at fair value, as of October 31, 2018 January 31, 2018: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) (in thousands) Money market mutual funds as of October 31, 2018 (a) $ 110,893 Money market mutual funds as of January 31, 2018 (a) $ 115,416 Asset related to the interest rate swap as of October 31, 2018 (b) $ 385 Asset related to the interest rate swap as of January 31, 2018 (b) $ 187 ___________________________ (a) Money market mutual funds are recorded at fair value based upon quoted market prices. (b) The asset related to the interest rate swap is recorded at fair value based upon a valuation model that uses relevant observable market inputs at quoted intervals, such as forward yield curves. (c) There were no 3 Money market mutual funds are classified as part of “Cash and equivalents” in the accompanying Condensed Consolidated Balance Sheets. The amount of cash and equivalents deposited with commercial banks was $27 $32 October 31, 2018 January 31, 2018, 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 nine October 31, 2018. Derivative Instruments The Company entered into an interest rate swap in May 2012 one 7 The fair values of the derivative instrument at October 31, 2018 January 31, 2018 Asset Fair Value Balance Sheet Location October 31, 2018 January 31, 2018 Derivative instrument: Interest rate swap Other assets, net $ 385 $ 187 Total $ 385 $ 187 The change in fair value of the interest rate swap recognized in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) was $46,000 $198,000 three nine October 31, 2018 $106,000 $103,000 three nine October 31, 2017.

Note 5 - Capitalized Software C

Note 5 - Capitalized Software Costs	9 Months Ended
	Oct. 31, 2018
Notes to Financial Statements
Capitalized Software Costs [Text Block]	5. CAPITALIZED SOFTWARE COSTS Capitalized software costs and accumulated amortization at October 31, 2018 January 31, 2018 October 31, 2018 January 31, 2018 (in thousands) Capitalized software costs: Capitalized software development costs $ 2,026 $ 1,516 Acquired software technology 135 - 2,161 1,516 Less accumulated amortization (675 ) (526 ) Capitalized software costs, net $ 1,486 $ 990 The Company’s capitalized software development costs relate to translations and localizations of QAD Enterprise Applications. Acquired software technology costs relate to acquired technology purchased during the second 2019. It is the Company’s policy to write off capitalized software development costs once fully amortized. Accordingly, during the first nine 2019, $0.3 Amortization of capitalized software costs was $0.2 $0.4 three nine October 31, 2018 $0.2 $0.6 three nine October 31, 2017. The following table summarizes the estimated amortization expense relating to the Company’s capitalized software costs as of October 31, 2018: Fiscal Years (in thousands) 2019 remaining $ 177 2020 660 2021 476 2022 132 Thereafter 41 $ 1,486

Note 6 - Goodwill and Intangibl

Note 6 - Goodwill and Intangible Assets	9 Months Ended
	Oct. 31, 2018
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	6. GOODWILL AND INTANGIBLE ASSETS Goodwill The changes in the carrying amount of goodwill for the nine October 31, 2018 Gross Carrying Amount Accumulated Impairment Goodwill, Net (in thousands) Balance at January 31, 2018 $ 26,631 $ (15,608 ) $ 11,023 Additions 1,584 - 1,584 Impact of foreign currency translation (323 ) - (323 ) Balance at October 31, 2018 $ 27,892 $ (15,608 ) $ 12,284 Additions to goodwill were a result of immaterial acquisitions where the purchase price exceeded the estimated fair value of the acquired net assets. Pro forma financial information for the acquisitions has not not The Company performed its annual goodwill impairment review during the fourth 2018. November 30, 2017. no 2018. No nine October 31, 2018 Intangible Assets October 31 , 2018 (in thousands) Amortizable intangible assets Customer relationships $ 1,258 Less: accumulated amortization (45 ) Net amortizable intangible assets $ 1,213 The Company’s intangible assets as of October 31, 2018 second third 2019. 5 The following table summarizes the estimated amortization expense relating to the Company’s intangible assets as of October 31, 2018: Fiscal Years (in thousands) 2019 remaining $ 60 2020 243 2021 243 2022 243 Thereafter 424 $ 1,213

Note 7 - Debt

Note 7 - Debt	9 Months Ended
	Oct. 31, 2018
Notes to Financial Statements
Debt Disclosure [Text Block]	7. DEBT October 31, 2018 January 31, 2018 (in thousands) Note payable $ 13,476 $ 13,825 Less current maturities (481 ) (466 ) Less loan origination costs, net (38 ) (46 ) Long-term debt $ 12,957 $ 13,313 Note Payable Effective May 30, 2012, “2012 2012 $16.1 one 2.25%. 2.29% October 31, 2018. 2012 June 2022 2012 $16.1 4.31% 2012 2012 $88,100 one $11.7 October 31, 2018 $13.5

Note 8 - Accumulated Other Comp

Note 8 - Accumulated Other Comprehensive Loss	9 Months Ended
	Oct. 31, 2018
Notes to Financial Statements
Accumulated Other Comprehensive Income (Loss) [Text Block]	8. ACCUMULATED OTHER COMPREHENSIVE LOSS The components of accumulated other comprehensive loss, net of taxes, were as follows: Foreign Currency Translation Adjustments (in thousands) Balance as of January 31, 2018 $ (6,828 ) Other comprehensive loss before reclassifications (2,010 ) Amounts reclassified from accumulated other comprehensive loss - Net current period other comprehensive loss (2,010 ) Balance as of October 31, 2018 $ (8,838 )

Note 9 - Income Taxes

Note 9 - Income Taxes	9 Months Ended
	Oct. 31, 2018
Notes to Financial Statements
Income Tax Disclosure [Text Block]	9. INCOME TAXES In determining the provision for income taxes for the first nine 2019, 2019. The Company recorded income tax expense of $0.6 $1.2 third 2019 2018, 17% third 2019 115% third 2019 2018. The Company recorded income tax expense of $3.3 $2.7 first nine 2019 2018, 37% 227% first nine 2019 2018. When calculating income tax expense for the first nine 2019, December 22, 2017. 21% August 1, 2018, one 965. As of October 31, 2018, not 2017 2017 third 2019, 2018 $10.0 third 2019, $2.0 $0.7 118 fourth 2019. eight The Company included a provision for GILTI in the Company’s tax expense for the first nine 2019. September 13, 2018 not not The Company adopted ASU 2016 16 Income taxes (Topic 740 ) Intra-entity Transfers of Assets Other Than Inventory three April 30, 2018, $9.6 February 1, 2018 2018. The gross amount of unrecognized tax benefits was $1.2 October 31, 2018, $0.5 $0.9 2013 11. twelve The Company’s policy is to recognize interest and penalties, if any, related to unrecognized tax benefits as a component of income tax expense. As of October 31, 2018, $0.1 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, October 31, 2018, October 31, 2018 January 31, 2018, $35.4 $33.7 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, 2013, 2014 ● Netherlands for fiscal year ended January 31, 2016 ● Germany for fiscal years ended January 31, 2015, 2016, 2017 ● Tennessee for fiscal years ended January 31, 2014, 2015, 2016, 2017 During fiscal 2019, no ● Iowa for fiscal year ended January 31, 2014 ● Kentucky for fiscal year ended January 31, 2016

Note 10 - Stockholders' Equity

Note 10 - Stockholders' Equity	9 Months Ended
	Oct. 31, 2018
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	10. STOCKHOLDERS’ EQUITY Dividends The following table sets forth the dividends that were declared by the Company during the first nine 2019: Declaration Date Record Date Payable Dividend Class A Dividend Class B (in thousands) 9/11/2018 9/25/2018 10/2/2018 $ 0.072 $ 0.06 $ 1,374 6/11/2018 6/25/2018 7/6/2018 $ 0.072 $ 0.06 $ 1,372 4/10/2018 4/24/2018 5/1/2018 $ 0.072 $ 0.06 $ 1,359

Note 11 - Stock-based Compensat

Note 11 - Stock-based Compensation	9 Months Ended
	Oct. 31, 2018
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	11. STOCK-BASED COMPENSATION The Company’s equity awards consist of RSUs and SARs. For a description of the Company’s stock-based compensation plans, see Note 5 10 January 31, 2018. Stock-Based Compensation The following table sets forth reported stock-based compensation expense for the three nine October 31, 2018 2017: Three Months Ended October 31 , Nine Months Ended October 31 , 2018 2017 2018 2017 (in thousands) (in thousands) Cost of subscription $ 65 $ 37 $ 182 $ 98 Cost of maintenance and other revenue 148 107 358 279 Cost of professional services 353 309 906 803 Sales and marketing 611 421 1,547 1,106 Research and development 442 338 1,170 895 General and administrative 529 1,099 3,455 3,490 Total stock-based compensation expense $ 2,148 $ 2,311 $ 7,618 $ 6,671 RSU Information The estimated fair value of RSUs was calculated based on the closing price of the Company’s common stock on the date of grant, reduced by the present value of dividends foregone during the vesting period. The following table summarizes the activity for RSUs for the nine October 31, 2018: RSUs Weighted Average Grant Date Fair Value (in thousands) Outstanding at January 31, 2018 653 $ 25.10 Granted 276 52.75 Released (1) (262 ) 25.82 Forfeited (20 ) 29.67 Outstanding at October 31, 2018 647 $ 36.47 _________________________ ( 1 The number of RSUs released includes shares withheld on behalf of employees to satisfy the minimum statutory tax withholding requirements. The Company withholds a portion of the released shares as consideration for the Company’s payment of applicable employee income taxes. During the three October 31, 2018, 2,000 $0.1 nine October 31, 2018, 80,000 $4.3 Total unrecognized compensation cost related to RSUs was approximately $20.4 October 31, 2018. 3.0 SAR Information The weighted average assumptions used to value SARs granted in the nine October 31, 2018 2017 Nine Months Ended October 31 , 2018 2017 Expected life in years (1) 5.50 5.50 Risk free interest rate (2) 2.80 % 1.82 % Volatility (3) 31 % 33 % Dividend rate (4) 0.54 % 0.91 % ____________________________ ( 1 The expected life of SARs granted under the stock-based compensation plans is based on historical vested SAR exercise and post-vest forfeiture patterns and includes an estimate of the expected term for SARs that were fully vested and outstanding. ( 2 The risk-free interest rate is based on the U.S. Treasury yield for a term consistent with the expected life of SARs in effect at the time of grant. ( 3 The Company estimates the volatility of its common stock at the date of grant based on the historical volatility of the Company’s common stock for a period equivalent to the expected life of the SARs, which it believes is representative of the expected volatility over the expected life of the SARs. ( 4 The Company expects to continue paying quarterly dividends at the same rate as the nine October 31, 2018. The following table summarizes the activity for outstanding SARs for the nine October 31, 2018: SARs (in thousands) Weighted Average Exercise Price per Share Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value (in thousands) Outstanding at January 31, 2018 3,024 $ 17.78 Granted 380 53.50 Exercised (386 ) 9.41 Expired (5 ) 8.97 Forfeited (476 ) 37.14 Outstanding at October 31, 2018 2,537 $ 20.80 3.8 $ 53,606 Vested and exercisable at October 31, 2018 2,062 $ 17.03 3.1 $ 49,271 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 October 31, 2018, October 31, 2018. nine October 31, 2018 $12.3 three nine October 31, 2018 $16.99 three nine October 31, 2017 $9.59 The number of SARs exercised includes shares withheld on behalf of employees to satisfy minimum statutory tax withholding requirements. During the three October 31, 2018, 700 $44,000. nine October 31, 2018, 103,000 $4.4 At October 31, 2018, $4.8 3.0

Note 12 - Commitments and Conti

Note 12 - Commitments and Contingencies	9 Months Ended
	Oct. 31, 2018
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	12. COMMITMENTS AND CONTINGENCIES 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 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

Note 13 - Business Segment Info

Note 13 - Business Segment Information	9 Months Ended
	Oct. 31, 2018
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	13. BUSINESS SEGMENT INFORMATION 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 606, not 280, Segment Reporting not one Subscription, license and maintenance revenues are generally assigned to the region where a majority of end users are located. Professional services revenue is assigned based on the region where the services are delivered. Three Months Ended October 31 , Nine Months Ended October 31 , 2018 2017 2018 2017 (in thousands) (in thousands) Revenue: North America (1) $ 39,870 $ 37,319 $ 119,183 $ 105,845 EMEA 22,549 21,439 74,542 64,547 Asia Pacific 12,348 12,550 37,773 37,683 Latin America 4,810 5,617 18,812 16,190 $ 79,577 $ 76,925 $ 250,310 $ 224,265 ____________________________ ( 1 Sales into Canada accounted for 2% three nine October 31, 2018 2017.

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Oct. 31, 2018
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation In the opinion of management, the accompanying unaudited Condensed Consolidated Financial Statements fairly present the financial information contained therein. These statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10 10 X. not 10 January 31, 2018. three nine October 31, 2018 not January 31, 2019. The Company’s accounting policies are set forth in detail in Note 1 10 January 31, 2018 Effective February 1, 2018, No.2014 09, Revenue from Contracts with Customers 606” 2 2 10 Certain prior year amounts have been reclassified for consistency with the current year presentation. Adjustments were made to the operating activities section of the Condensed Consolidated Statements of Cash Flows. These reclassifications had no no
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements With the exception of those discussed below, there have been no three nine October 31, 2018, Recent Accounting Pronouncements Adopted In October 2016, 2016 16, Intra-Entity Transfers of Assets Other Than Inventory December 15, 2017 2016 16 February 1, 2018 $9.6 In August 2016, 2016 15, Statement of Cash Flows (Topic 230 ) Classification of Certain Cash Receipts and Cash Payments December 15, 2017 2016 15 February 1, 2018 no In May 2014, 2014 09, Revenue from Contracts with Customers 606 Revenue Recognition 605 985 605 Software - Revenue Recognition 605 985 605 605” 606, 606 The Company adopted Topic 606 first 2019 2019 606. not not 606 606. The most significant impacts of the adoption of Topic 606 ● Removal of vendor specific objective evidence (“VSOE”) under prior GAAP resulted in earlier recognition of license and services revenues in those instances where the Company sold a multi-element deal where services did not $2.0 ● Removal of the limitation on contingent revenue resulted in revenue being recognized earlier for certain contracts. At adoption, QAD decreased accumulated deficit and increased contract assets by $0.8 ● Contracts containing a future option to the customer represented a material right which resulted in deferral of revenue. At adoption, QAD increased accumulated deficit and deferred revenue by $0.3 ● Commission expenses related to new cloud and maintenance contracts are no five $9.1 ● Sales agent fees to obtain new cloud and maintenance contracts are no five $1.0 ● Cloud environment setup costs incurred to fulfill new cloud customer contracts are no five $1.5 The tax impact of the above adjustments was assessed and, at adoption, QAD increased accumulated deficit and decreased net deferred tax assets by $1.6 Adjustments to beginning consolidated balance sheet accounts The following table presents the cumulative effect adjustments, net of income tax effects, to beginning consolidated balance sheet accounts for the new accounting standards adopted by the Company on the first 2019: Jan. 31, 2018 Topic 606 ASU2016-16 (1) Feb. 1, 2018 (in thousands) Assets Current assets: Cash and equivalents $ 147,023 $ - $ - $ 147,023 Accounts receivable, net 83,518 - - 83,518 Other current assets, net 15,856 4,013 - 19,869 Total current assets 246,397 4,013 - 250,410 Property and equipment, net 30,408 - - 30,408 Capitalized software costs, net 990 - - 990 Goodwill 11,023 - - 11,023 Deferred tax assets, net 7,944 (1,643 ) 9,584 15,885 Other assets, net 3,055 8,421 - 11,476 Total assets $ 299,817 $ 10,791 $ 9,584 $ 320,192 Liabilities and stockholders’ equity Current portion of long-term debt $ 466 $ - $ - $ 466 Accounts payable 14,818 - - 14,818 Deferred revenue 116,693 (1,239 ) - 115,454 Other current liabilities 43,460 - - 43,460 Total current liabilities 175,437 (1,239 ) - 174,198 Long-term debt 13,313 - - 13,313 Other liabilities 5,439 (511 ) - 4,928 Stockholders’ equity Common stock - Class A 16 - - 16 Common stock - Class B 4 - - 4 Additional paid-in capital 200,456 - - 200,456 Treasury stock (12,461 ) - - (12,461 ) Accumulated deficit (75,559 ) 12,541 9,584 (53,434 ) Accumulated other comprehensive loss (6,828 ) - - (6,828 ) Total stockholders’ equity 105,628 12,541 9,584 127,753 Total liabilities and stockholders’ equity $ 299,817 $ 10,791 $ 9,584 $ 320,192 ___________________________ ( 1 For further information about the adoption of Income taxes (Topic 740 ): Intra-entity Transfers of Assets Other Than Inventory 9 The following table summarizes the effects of adopting Topic 606 October 31, 2018: As reported under Topic 606 Adjustments Balances under Prior GAAP (in thousands) Assets Current assets: Cash and equivalents $ 138,080 $ - $ 138,080 Accounts receivable, net 46,420 - 46,420 Other current assets, net 19,493 (4,087 ) 15,406 Total current assets 203,993 (4,087 ) 199,906 Property and equipment, net 29,600 - 29,600 Capitalized software costs, net 1,486 - 1,486 Goodwill 12,284 - 12,284 Deferred tax assets, net 11,363 959 12,322 Other assets, net 11,784 (7,438 ) 4,346 Total assets $ 270,510 $ (10,566 ) $ 259,944 Liabilities and stockholders’ equity Current portion of long-term debt $ 481 $ - $ 481 Accounts payable 10,660 - 10,660 Deferred revenue 80,537 3,630 84,167 Other current liabilities 35,059 - 35,059 Total current liabilities 126,737 3,630 130,367 Long-term debt 12,957 - 12,957 Other liabilities 4,773 645 5,418 Stockholders’ equity Common stock - Class A 16 - 16 Common stock - Class B 4 - 4 Additional paid-in capital 194,292 - 194,292 Treasury stock (7,384 ) - (7,384 ) Accumulated deficit (52,047 ) (14,861 ) (66,908 ) Accumulated other comprehensive loss (8,838 ) 20 (8,818 ) Total stockholders’ equity 126,043 (14,841 ) 111,202 Total liabilities and stockholders’ equity $ 270,510 $ (10,566 ) $ 259,944 The following table summarizes the effects of adopting Topic 606 three October 31, 2018: As reported under Topic 606 Adjustments Balances under Prior GAAP (in thousands, except per share amounts) Revenue Subscription fees $ 23,863 $ (517 ) $ 23,346 License fees 4,631 188 4,819 Maintenance and other 30,401 50 30,451 Professional services 20,682 (231 ) 20,451 Total revenue 79,577 (510 ) 79,067 Cost of revenue: Subscription fees 8,686 (38 ) 8,648 License fees 534 - 534 Maintenance and other 7,716 - 7,716 Professional services 20,425 - 20,425 Total cost of revenue 37,361 (38 ) 37,323 Gross profit 42,216 (472 ) 41,744 Operating expenses: Sales and marketing 18,447 (306 ) 18,141 Research and development 13,155 (59 ) 13,096 General and administrative 8,095 - 8,095 Amortization of intangibles from acquisitions 45 - 45 Total operating expenses 39,742 (365 ) 39,377 Operating income 2,474 (107 ) 2,367 Other (income) expense Interest income (646 ) - (646 ) Interest expense 177 - 177 Other income (636 ) - (636 ) Total other income, net (1,105 ) - (1,105 ) Income before income taxes 3,579 (107 ) 3,472 Income tax expense 597 4 601 Net income $ 2,982 $ (111 ) $ 2,871 Basic income per share Class A $ 0.16 $ (0.01 ) $ 0.15 Class B $ 0.13 $ (0.00 ) $ 0.13 Diluted income per share Class A $ 0.14 $ (0.01 ) $ 0.13 Class B $ 0.12 $ (0.00 ) $ 0.12 The following table summarizes the effects of adopting Topic 606 nine October 31, 2018: As reported under Topic 606 Adjustments Balances under Prior GAAP (in thousands, except per share amounts) Revenue Subscription fees $ 67,813 $ (1,074 ) $ 66,739 License fees 16,458 (1,198 ) 15,260 Maintenance and other 92,458 163 92,621 Professional services 73,581 (1,077 ) 72,504 Total revenue 250,310 (3,186 ) 247,124 Cost of revenue: Subscription fees 25,248 (24 ) 25,224 License fees 1,772 - 1,772 Maintenance and other 23,355 - 23,355 Professional services 68,489 - 68,489 Total cost of revenue 118,864 (24 ) 118,840 Gross profit 131,446 (3,162 ) 128,284 Operating expenses: Sales and marketing 57,895 (590 ) 57,305 Research and development 40,674 (177 ) 40,497 General and administrative 26,823 - 26,823 Amortization of intangibles from acquisitions 45 - 45 Total operating expenses 125,437 (767 ) 124,670 Operating income 6,009 (2,395 ) 3,614 Other (income) expense Interest income (1,913 ) - (1,913 ) Interest expense 488 - 488 Other income (1,309 ) - (1,309 ) Total other income, net (2,734 ) - (2,734 ) Income before income taxes 8,743 (2,395 ) 6,348 Income tax expense 3,251 (75 ) 3,176 Net income $ 5,492 $ (2,320 ) $ 3,172 Basic income per share Class A $ 0.29 $ (0.12 ) $ 0.17 Class B $ 0.24 $ (0.10 ) $ 0.14 Diluted income per share Class A $ 0.26 $ (0.11 ) $ 0.15 Class B $ 0.23 $ (0.10 ) $ 0.13 The following table summarizes the effects of adopting Topic 606 nine October 31, 2018: As reported under Topic 606 Adjustments Balances under Prior GAAP (in thousands) Net income $ 5,492 $ (2,320 ) $ 3,172 Amortization of costs capitalized to obtain and fulfill contracts 3,107 (2,483 ) 624 Net change in valuation allowance 3,760 648 4,408 Changes in operating assets and liabilities: Costs capitalized to obtain and fulfill contracts (2,510 ) 1,868 (642 ) Other assets 688 (258 ) 430 Deferred revenue (30,977 ) 2,525 (28,452 ) Net cash provided by operating activities 15,117 (20 ) 15,097 Effect of exchange rates on cash and equivalents (4,242 ) 20 (4,222 ) Recent Accounting Pronouncements Not Yet Adopted In February 2016, 2016 02, Leases (Topic 842 ) 2016 02 July 2018, 2018 11, 842 not 840, first 2020 not February 1, 2019, 842 not The Company has completed the first 842 may In January 2017, 2017 04, Intangibles—Goodwill and Other (Topic 350 ): Simplifying the Test for Goodwill Impairment, 2 zero 2 February 1, 2020. not 2017 04

Note 1 - Basis of Presentatio_2

Note 1 - Basis of Presentation and Recent Accounting Pronouncements (Tables)	9 Months Ended
	Oct. 31, 2018
Notes Tables
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]	Jan. 31, 2018 Topic 606 ASU2016-16 (1) Feb. 1, 2018 (in thousands) Assets Current assets: Cash and equivalents $ 147,023 $ - $ - $ 147,023 Accounts receivable, net 83,518 - - 83,518 Other current assets, net 15,856 4,013 - 19,869 Total current assets 246,397 4,013 - 250,410 Property and equipment, net 30,408 - - 30,408 Capitalized software costs, net 990 - - 990 Goodwill 11,023 - - 11,023 Deferred tax assets, net 7,944 (1,643 ) 9,584 15,885 Other assets, net 3,055 8,421 - 11,476 Total assets $ 299,817 $ 10,791 $ 9,584 $ 320,192 Liabilities and stockholders’ equity Current portion of long-term debt $ 466 $ - $ - $ 466 Accounts payable 14,818 - - 14,818 Deferred revenue 116,693 (1,239 ) - 115,454 Other current liabilities 43,460 - - 43,460 Total current liabilities 175,437 (1,239 ) - 174,198 Long-term debt 13,313 - - 13,313 Other liabilities 5,439 (511 ) - 4,928 Stockholders’ equity Common stock - Class A 16 - - 16 Common stock - Class B 4 - - 4 Additional paid-in capital 200,456 - - 200,456 Treasury stock (12,461 ) - - (12,461 ) Accumulated deficit (75,559 ) 12,541 9,584 (53,434 ) Accumulated other comprehensive loss (6,828 ) - - (6,828 ) Total stockholders’ equity 105,628 12,541 9,584 127,753 Total liabilities and stockholders’ equity $ 299,817 $ 10,791 $ 9,584 $ 320,192 As reported under Topic 606 Adjustments Balances under Prior GAAP (in thousands) Assets Current assets: Cash and equivalents $ 138,080 $ - $ 138,080 Accounts receivable, net 46,420 - 46,420 Other current assets, net 19,493 (4,087 ) 15,406 Total current assets 203,993 (4,087 ) 199,906 Property and equipment, net 29,600 - 29,600 Capitalized software costs, net 1,486 - 1,486 Goodwill 12,284 - 12,284 Deferred tax assets, net 11,363 959 12,322 Other assets, net 11,784 (7,438 ) 4,346 Total assets $ 270,510 $ (10,566 ) $ 259,944 Liabilities and stockholders’ equity Current portion of long-term debt $ 481 $ - $ 481 Accounts payable 10,660 - 10,660 Deferred revenue 80,537 3,630 84,167 Other current liabilities 35,059 - 35,059 Total current liabilities 126,737 3,630 130,367 Long-term debt 12,957 - 12,957 Other liabilities 4,773 645 5,418 Stockholders’ equity Common stock - Class A 16 - 16 Common stock - Class B 4 - 4 Additional paid-in capital 194,292 - 194,292 Treasury stock (7,384 ) - (7,384 ) Accumulated deficit (52,047 ) (14,861 ) (66,908 ) Accumulated other comprehensive loss (8,838 ) 20 (8,818 ) Total stockholders’ equity 126,043 (14,841 ) 111,202 Total liabilities and stockholders’ equity $ 270,510 $ (10,566 ) $ 259,944 As reported under Topic 606 Adjustments Balances under Prior GAAP (in thousands, except per share amounts) Revenue Subscription fees $ 23,863 $ (517 ) $ 23,346 License fees 4,631 188 4,819 Maintenance and other 30,401 50 30,451 Professional services 20,682 (231 ) 20,451 Total revenue 79,577 (510 ) 79,067 Cost of revenue: Subscription fees 8,686 (38 ) 8,648 License fees 534 - 534 Maintenance and other 7,716 - 7,716 Professional services 20,425 - 20,425 Total cost of revenue 37,361 (38 ) 37,323 Gross profit 42,216 (472 ) 41,744 Operating expenses: Sales and marketing 18,447 (306 ) 18,141 Research and development 13,155 (59 ) 13,096 General and administrative 8,095 - 8,095 Amortization of intangibles from acquisitions 45 - 45 Total operating expenses 39,742 (365 ) 39,377 Operating income 2,474 (107 ) 2,367 Other (income) expense Interest income (646 ) - (646 ) Interest expense 177 - 177 Other income (636 ) - (636 ) Total other income, net (1,105 ) - (1,105 ) Income before income taxes 3,579 (107 ) 3,472 Income tax expense 597 4 601 Net income $ 2,982 $ (111 ) $ 2,871 Basic income per share Class A $ 0.16 $ (0.01 ) $ 0.15 Class B $ 0.13 $ (0.00 ) $ 0.13 Diluted income per share Class A $ 0.14 $ (0.01 ) $ 0.13 Class B $ 0.12 $ (0.00 ) $ 0.12 As reported under Topic 606 Adjustments Balances under Prior GAAP (in thousands, except per share amounts) Revenue Subscription fees $ 67,813 $ (1,074 ) $ 66,739 License fees 16,458 (1,198 ) 15,260 Maintenance and other 92,458 163 92,621 Professional services 73,581 (1,077 ) 72,504 Total revenue 250,310 (3,186 ) 247,124 Cost of revenue: Subscription fees 25,248 (24 ) 25,224 License fees 1,772 - 1,772 Maintenance and other 23,355 - 23,355 Professional services 68,489 - 68,489 Total cost of revenue 118,864 (24 ) 118,840 Gross profit 131,446 (3,162 ) 128,284 Operating expenses: Sales and marketing 57,895 (590 ) 57,305 Research and development 40,674 (177 ) 40,497 General and administrative 26,823 - 26,823 Amortization of intangibles from acquisitions 45 - 45 Total operating expenses 125,437 (767 ) 124,670 Operating income 6,009 (2,395 ) 3,614 Other (income) expense Interest income (1,913 ) - (1,913 ) Interest expense 488 - 488 Other income (1,309 ) - (1,309 ) Total other income, net (2,734 ) - (2,734 ) Income before income taxes 8,743 (2,395 ) 6,348 Income tax expense 3,251 (75 ) 3,176 Net income $ 5,492 $ (2,320 ) $ 3,172 Basic income per share Class A $ 0.29 $ (0.12 ) $ 0.17 Class B $ 0.24 $ (0.10 ) $ 0.14 Diluted income per share Class A $ 0.26 $ (0.11 ) $ 0.15 Class B $ 0.23 $ (0.10 ) $ 0.13 As reported under Topic 606 Adjustments Balances under Prior GAAP (in thousands) Net income $ 5,492 $ (2,320 ) $ 3,172 Amortization of costs capitalized to obtain and fulfill contracts 3,107 (2,483 ) 624 Net change in valuation allowance 3,760 648 4,408 Changes in operating assets and liabilities: Costs capitalized to obtain and fulfill contracts (2,510 ) 1,868 (642 ) Other assets 688 (258 ) 430 Deferred revenue (30,977 ) 2,525 (28,452 ) Net cash provided by operating activities 15,117 (20 ) 15,097 Effect of exchange rates on cash and equivalents (4,242 ) 20 (4,222 )

Note 2 - Revenue (Tables)

Note 2 - Revenue (Tables)	9 Months Ended
	Oct. 31, 2018
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended October 31 , Nine Months Ended October 31 , 2018 2017 2018 2017 (in thousands) (in thousands) North America $ 39,870 $ 37,319 $ 119,183 $ 105,845 EMEA 22,549 21,439 74,542 64,547 Asia Pacific 12,348 12,550 37,773 37,683 Latin America 4,810 5,617 18,812 16,190 Total revenue $ 79,577 $ 76,925 $ 250,310 $ 224,265 Three Months Ended October 31, Nine Months Ended October 31, 2018 2017 2018 2017 (in thousands) (in thousands) Automotive $ 31,035 $ 29,232 $ 102,760 $ 84,508 Consumer products and food and beverage 12,732 11,539 40,049 34,353 High technology and industrial products 23,873 25,385 74,231 72,534 Life sciences 11,937 10,769 33,270 32,870 Total revenue $ 79,577 $ 76,925 $ 250,310 $ 224,265
Contract with Customer, Asset and Liability [Table Text Block]	As of October 31 , 2018 February 1, 2018 (In thousands) Contract assets, short-term (in Other current assets, net) $ 1,452 $ 890 Contract assets, long-term (in Other assets, net) - 110 Total contract assets $ 1,452 $ 1,000 Deferred revenue, short-term $ 80,537 $ 115,454 Deferred revenue, long-term (in Other labilities) 1,071 1,644 Total deferred revenue $ 81,608 $ 117,098 As of October 31, 2018 January 31, 2018 (in thousands) Deferred maintenance $ 50,708 $ 80,811 Deferred subscription 27,751 31,034 Deferred professional services 1,811 3,523 Deferred license 95 756 Deferred other revenue 172 569 Deferred revenues, current 80,537 116,693 Deferred revenues, non-current (in Other liabilities) 1,071 2,156 Total deferred revenues $ 81,608 $ 118,849

Note 3 - Computation of Net I_2

Note 3 - Computation of Net Income (Loss) Per Share (Tables)	9 Months Ended
	Oct. 31, 2018
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Nine Months Ended October 31 , October 31 , 2018 2017 2018 2017 (in thousands, except per share data) (in thousands, except per share data) Net income (loss) $ 2,982 $ (161 ) $ 5,492 $ (3,893 ) Less: Dividends declared (1,374 ) (1,345 ) (4,105 ) (4,021 ) Undistributed net income (loss) $ 1,608 $ (1,506 ) $ 1,387 $ (7,914 ) Net income (loss) per share – Class A Common Stock Dividends declared $ 1,178 $ 1,152 $ 3,518 $ 3,442 Allocation of undistributed net income (loss) 1,379 (1,291 ) 1,189 (6,774 ) Net income (loss) attributable to Class A common stock $ 2,557 $ (139 ) $ 4,707 $ (3,332 ) Weighted average shares of Class A common stock outstanding— basic 16,358 16,011 16,235 15,913 Weighted average potential shares of Class A common stock 1,590 — 1,676 — Weighted average shares of Class A common stock and potential common shares outstanding— diluted 17,948 16,011 17,911 15,913 Basic net income (loss) per Class A common share $ 0.16 $ (0.01 ) $ 0.29 $ (0.21 ) Diluted net income (loss) per Class A common share $ 0.14 $ (0.01 ) $ 0.26 $ (0.21 ) Net income (loss) per share – Class B Common Stock Dividends declared $ 196 $ 193 $ 587 $ 579 Allocation of undistributed net income (loss) 229 (215 ) 198 (1,140 ) Net income (loss) attributable to Class B common stock $ 425 $ (22 ) $ 785 $ (561 ) Weighted average shares of Class B common stock outstanding— basic 3,264 3,214 3,253 3,212 Weighted average potential shares of Class B common stock 169 — 176 — Weighted average shares of Class B common stock and potential common shares outstanding— diluted 3,433 3,214 3,429 3,212 Basic net income (loss) per Class B common share $ 0.13 $ (0.01 ) $ 0.24 $ (0.17 ) Diluted net income (loss) per Class B common share $ 0.12 $ (0.01 ) $ 0.23 $ (0.17 )
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Three Months Ended Nine Months Ended October 31, October 31, 2018 2017 2018 2017 (in thousands) (in thousands) Class A 241 3,366 285 3,209 Class B — 378 — 384

Note 4 - Fair Value Measureme_2

Note 4 - Fair Value Measurements (Tables)	9 Months Ended
	Oct. 31, 2018
Notes Tables
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) (in thousands) Money market mutual funds as of October 31, 2018 (a) $ 110,893 Money market mutual funds as of January 31, 2018 (a) $ 115,416 Asset related to the interest rate swap as of October 31, 2018 (b) $ 385 Asset related to the interest rate swap as of January 31, 2018 (b) $ 187
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	Asset Fair Value Balance Sheet Location October 31, 2018 January 31, 2018 Derivative instrument: Interest rate swap Other assets, net $ 385 $ 187 Total $ 385 $ 187

Note 5 - Capitalized Software_2

Note 5 - Capitalized Software Costs (Tables)	9 Months Ended
	Oct. 31, 2018
Notes Tables
Schedule of Capitalized Software Costs [Table Text Block]	October 31, 2018 January 31, 2018 (in thousands) Capitalized software costs: Capitalized software development costs $ 2,026 $ 1,516 Acquired software technology 135 - 2,161 1,516 Less accumulated amortization (675 ) (526 ) Capitalized software costs, net $ 1,486 $ 990
Schedule of Capitalized Software Costs Amortization Expense [Table Text Block]	Fiscal Years (in thousands) 2019 remaining $ 177 2020 660 2021 476 2022 132 Thereafter 41 $ 1,486

Note 6 - Goodwill and Intangi_2

Note 6 - Goodwill and Intangible Assets (Tables)	9 Months Ended
	Oct. 31, 2018
Notes Tables
Schedule of Goodwill [Table Text Block]	Gross Carrying Amount Accumulated Impairment Goodwill, Net (in thousands) Balance at January 31, 2018 $ 26,631 $ (15,608 ) $ 11,023 Additions 1,584 - 1,584 Impact of foreign currency translation (323 ) - (323 ) Balance at October 31, 2018 $ 27,892 $ (15,608 ) $ 12,284
Schedule of Finite-Lived Intangible Assets [Table Text Block]	October 31 , 2018 (in thousands) Amortizable intangible assets Customer relationships $ 1,258 Less: accumulated amortization (45 ) Net amortizable intangible assets $ 1,213
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Fiscal Years (in thousands) 2019 remaining $ 60 2020 243 2021 243 2022 243 Thereafter 424 $ 1,213

Note 7 - Debt (Tables)

Note 7 - Debt (Tables)	9 Months Ended
	Oct. 31, 2018
Notes Tables
Schedule of Debt [Table Text Block]	October 31, 2018 January 31, 2018 (in thousands) Note payable $ 13,476 $ 13,825 Less current maturities (481 ) (466 ) Less loan origination costs, net (38 ) (46 ) Long-term debt $ 12,957 $ 13,313

Note 8 - Accumulated Other Co_2

Note 8 - Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Oct. 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, 2018 $ (6,828 ) Other comprehensive loss before reclassifications (2,010 ) Amounts reclassified from accumulated other comprehensive loss - Net current period other comprehensive loss (2,010 ) Balance as of October 31, 2018 $ (8,838 )

Note 10 - Stockholders' Equity

Note 10 - Stockholders' Equity (Tables)	9 Months Ended
	Oct. 31, 2018
Notes Tables
Dividends Declared [Table Text Block]	Declaration Date Record Date Payable Dividend Class A Dividend Class B (in thousands) 9/11/2018 9/25/2018 10/2/2018 $ 0.072 $ 0.06 $ 1,374 6/11/2018 6/25/2018 7/6/2018 $ 0.072 $ 0.06 $ 1,372 4/10/2018 4/24/2018 5/1/2018 $ 0.072 $ 0.06 $ 1,359

Note 11 - Stock-based Compens_2

Note 11 - Stock-based Compensation (Tables)	9 Months Ended
	Oct. 31, 2018
Notes Tables
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]	Three Months Ended October 31 , Nine Months Ended October 31 , 2018 2017 2018 2017 (in thousands) (in thousands) Cost of subscription $ 65 $ 37 $ 182 $ 98 Cost of maintenance and other revenue 148 107 358 279 Cost of professional services 353 309 906 803 Sales and marketing 611 421 1,547 1,106 Research and development 442 338 1,170 895 General and administrative 529 1,099 3,455 3,490 Total stock-based compensation expense $ 2,148 $ 2,311 $ 7,618 $ 6,671
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]	RSUs Weighted Average Grant Date Fair Value (in thousands) Outstanding at January 31, 2018 653 $ 25.10 Granted 276 52.75 Released (1) (262 ) 25.82 Forfeited (20 ) 29.67 Outstanding at October 31, 2018 647 $ 36.47
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Nine Months Ended October 31 , 2018 2017 Expected life in years (1) 5.50 5.50 Risk free interest rate (2) 2.80 % 1.82 % Volatility (3) 31 % 33 % Dividend rate (4) 0.54 % 0.91 %
Schedule of Share-based Compensation, Stock Options and Stock Appreciation Rights Award Activity [Table Text Block]	SARs (in thousands) Weighted Average Exercise Price per Share Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value (in thousands) Outstanding at January 31, 2018 3,024 $ 17.78 Granted 380 53.50 Exercised (386 ) 9.41 Expired (5 ) 8.97 Forfeited (476 ) 37.14 Outstanding at October 31, 2018 2,537 $ 20.80 3.8 $ 53,606 Vested and exercisable at October 31, 2018 2,062 $ 17.03 3.1 $ 49,271

Note 13 - Business Segment In_2

Note 13 - Business Segment Information (Tables)	9 Months Ended
	Oct. 31, 2018
Notes Tables
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]	Three Months Ended October 31 , Nine Months Ended October 31 , 2018 2017 2018 2017 (in thousands) (in thousands) Revenue: North America (1) $ 39,870 $ 37,319 $ 119,183 $ 105,845 EMEA 22,549 21,439 74,542 64,547 Asia Pacific 12,348 12,550 37,773 37,683 Latin America 4,810 5,617 18,812 16,190 $ 79,577 $ 76,925 $ 250,310 $ 224,265

Note 1 - Basis of Presentatio_3

Note 1 - Basis of Presentation and Recent Accounting Pronouncements (Details Textual) - USD ($) $ in Thousands	Oct. 31, 2018	Feb. 01, 2018	Jan. 31, 2018
Retained Earnings (Accumulated Deficit), Ending Balance	$ (52,047)	$ (53,434)	$ (75,559)
Contract with Customer, Liability, Total	81,608	117,098	$ 118,849
Contract with Customer, Asset, Net, Total	$ 1,452	1,000
Commission Expense [Member]
Capitalized Contract Cost, Amortization Period	5 years
Sales Agent Fees [Member]
Capitalized Contract Cost, Amortization Period	5 years
Cloud Environment Setup Costs [Member]
Capitalized Contract Cost, Amortization Period	5 years
Accounting Standards Update 2016-16 [Member]
Retained Earnings (Accumulated Deficit), Ending Balance		9,584
Deferred Tax Assets, Net of Valuation Allowance, Total		9,600
Accounting Standards Update 2014-09 [Member]
Retained Earnings (Accumulated Deficit), Ending Balance		12,541
Accounting Standards Update 2014-09 [Member] | Removal of Vendor Specific Objective Evidence [Member]
Retained Earnings (Accumulated Deficit), Ending Balance		2,000
Contract with Customer, Liability, Total		(2,000)
Accounting Standards Update 2014-09 [Member] | Removal of Limitation on Contingent Revenue [Member]
Retained Earnings (Accumulated Deficit), Ending Balance		800
Contract with Customer, Asset, Net, Total		800
Accounting Standards Update 2014-09 [Member] | Contracts Containing Future Option to Customer Reprsented Material Right Which Resulted in Deferred of Revenue [Member]
Retained Earnings (Accumulated Deficit), Ending Balance		(300)
Contract with Customer, Liability, Total		300
Accounting Standards Update 2014-09 [Member] | Commission Expense Related to Contracts No Longer Expensed as Incurred [Member]
Retained Earnings (Accumulated Deficit), Ending Balance		9,100
Other Assets, Total		9,100
Accounting Standards Update 2014-09 [Member] | Sales Agent Fees to Obtain Contracts No Longer Expensed as Incurred [Member]
Retained Earnings (Accumulated Deficit), Ending Balance		1,000
Other Assets, Total		1,000
Accounting Standards Update 2014-09 [Member] | Cloud Environment Setup Costs Incurred to Fufill New Cloud Customer Contracts No Longer Expensed as Incurred [Member]
Retained Earnings (Accumulated Deficit), Ending Balance		(1,500)
Accounting Standards Update 2014-09 [Member] | Adjustments for Tax Impact Related to Adoption of ASU 2014-09 [Member]
Retained Earnings (Accumulated Deficit), Ending Balance		(1,600)
Deferred Tax Assets, Net of Valuation Allowance, Total		$ (1,600)

Note 1 - Basis of Presentatio_4

Note 1 - Basis of Presentation and Recent Accounting Pronouncements - Effects of Adopting Topic 606 (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017	Feb. 01, 2018	Jan. 31, 2018	Jan. 31, 2017
Cash and Cash Equivalents, at Carrying Value, Ending Balance		$ 138,080	$ 140,027	$ 138,080	$ 140,027	$ 147,023	$ 147,023	$ 145,082
Accounts receivable, net		46,420		46,420		83,518	83,518
Other current assets, net		19,493		19,493		19,869	15,856
Total current assets		203,993		203,993		250,410	246,397
Property and equipment, net		29,600		29,600		30,408	30,408
Capitalized software costs, net		1,486		1,486		990	990
Goodwill		12,284		12,284		11,023	11,023
Deferred tax assets, net						15,885	7,944
Other assets, net		11,784		11,784		11,476	3,055
Total assets		270,510		270,510		320,192	299,817
Current portion of long-term debt		481		481		466	466
Accounts payable		10,660		10,660		14,818	14,818
Deferred revenue		80,537		80,537		115,454	116,693
Other current liabilities		35,059		35,059		43,460	43,460
Total current liabilities		126,737		126,737		174,198	175,437
Long-term debt		12,957		12,957		13,313	13,313
Other liabilities		4,773		4,773		4,928	5,439
Additional paid-in capital		194,292		194,292		200,456	200,456
Treasury stock		(7,384)		(7,384)		(12,461)	(12,461)
Retained Earnings (Accumulated Deficit), Ending Balance		(52,047)		(52,047)		(53,434)	(75,559)
Accumulated other comprehensive loss		(8,838)		(8,838)		(6,828)	(6,828)
Total stockholders’ equity		126,043		126,043		127,753	105,628
Total liabilities and stockholders’ equity		270,510		270,510		320,192	299,817
Cash and equivalents		138,080	140,027	138,080	140,027	147,023	147,023	$ 145,082
Accounts receivable, net		46,420		46,420		83,518	83,518
Other current assets, net		19,493		19,493		19,869	15,856
Total current assets		203,993		203,993		250,410	246,397
Property and equipment, net		29,600		29,600		30,408	30,408
Capitalized software costs, net		1,486		1,486		990	990
Goodwill		12,284		12,284		11,023	11,023
Deferred tax assets, net		11,363		11,363			7,944
Other assets, net		11,784		11,784		11,476	3,055
Total assets		270,510		270,510		320,192	299,817
Current portion of long-term debt		481		481		466	466
Accounts payable		10,660		10,660		14,818	14,818
Deferred revenue		80,537		80,537		115,454	116,693
Other current liabilities		35,059		35,059		43,460	43,460
Total current liabilities		126,737		126,737		174,198	175,437
Long-term debt		12,957		12,957		13,313	13,313
Other liabilities		4,773		4,773		4,928	5,439
Additional paid-in capital		194,292		194,292		200,456	200,456
Accumulated deficit		(52,047)		(52,047)		(53,434)	(75,559)
Accumulated other comprehensive loss		(8,838)		(8,838)		(6,828)	(6,828)
Total stockholders’ equity		126,043		126,043		127,753	105,628
Total liabilities and stockholders’ equity		270,510		270,510		320,192	299,817
Revenues		79,577	76,925	250,310	224,265
Costs of revenues		37,361	38,046	118,864	109,606
Gross profit		42,216	38,879	131,446	114,659
Sales and marketing		18,447	17,697	57,895	52,981
Research and development		13,155	12,111	40,674	35,332
General and administrative		8,095	8,556	26,823	26,373
Amortization of intangibles from acquisitions		45	85	45	359
Total operating expenses		39,742	38,449	125,437	115,045
Operating income		2,474	430	6,009	(386)
Interest income		(646)	(440)	(1,913)	(1,101)
Interest expense		177	195	488	508
Other (income) expense, net		(636)	(413)	(1,309)	1,399
Total other income, net		(1,105)	(658)	(2,734)	806
Income before income taxes		3,579	1,088	8,743	(1,192)
Income tax expense		597	1,249	3,251	2,701
Net income		2,982	(161)	5,492	(3,893)
Net income (loss)		2,982	(161)	5,492	(3,893)
Amortization of costs capitalized to obtain and fulfill contracts				3,107
Net change in valuation allowance				3,760	4,182
Costs capitalized to obtain and fulfill contracts				(2,510)
Other assets				688	2,023
Deferred revenue				(30,977)	(23,839)
Net cash provided by operating activities				15,117	2,844
Effect of exchange rates on cash and equivalents				(4,242)	3,094
Common Class A [Member]
Common stock value		16		16		16	16
Common stock		16		16		16	16
Net income		$ 2,557	$ (139)	$ 4,707	$ (3,332)
Basic income per share (in dollars per share)		$ 0.16	$ (0.01)	$ 0.29	$ (0.21)
Diluted income per share (in dollars per share)		$ 0.14	$ (0.01)	$ 0.26	$ (0.21)
Net income (loss)		$ 2,557	$ (139)	$ 4,707	$ (3,332)
Common Class B [Member]
Common stock value		4		4		4	4
Common stock		4		4		4	4
Net income		$ 425	$ (22)	$ 785	$ (561)
Basic income per share (in dollars per share)		$ 0.13	$ (0.01)	$ 0.24	$ (0.17)
Diluted income per share (in dollars per share)		$ 0.12	$ (0.01)	$ 0.23	$ (0.17)
Net income (loss)		$ 425	$ (22)	$ 785	$ (561)
Subscription and Circulation [Member]
Deferred revenue		27,751		27,751			31,034
Deferred revenue		27,751		27,751			31,034
Revenues		23,863	17,190	67,813	49,953
Costs of revenues		8,686	7,605	25,248	22,753
License [Member]
Deferred revenue		95		95			756
Deferred revenue		95		95			756
Revenues		4,631	6,628	16,458	18,636
Costs of revenues		534	690	1,772	2,203
Maintenance [Member]
Deferred revenue		50,708		50,708			80,811
Deferred revenue		50,708		50,708			80,811
Revenues		30,401	32,407	92,458	96,284
Costs of revenues		7,716	7,840	23,355	23,374
Professional Services [Member]
Deferred revenue		1,811		1,811			3,523
Deferred revenue		1,811		1,811			$ 3,523
Revenues		20,682	20,700	73,581	59,392
Costs of revenues		20,425	$ 21,911	68,489	$ 61,276
Calculated under Revenue Guidance in Effect before Topic 606 [Member]
Cash and Cash Equivalents, at Carrying Value, Ending Balance		138,080		138,080
Accounts receivable, net		46,420		46,420
Other current assets, net		15,406		15,406
Total current assets		199,906		199,906
Property and equipment, net		29,600		29,600
Capitalized software costs, net		1,486		1,486
Goodwill		12,284		12,284
Other assets, net		4,346		4,346
Total assets		259,944		259,944
Current portion of long-term debt		481		481
Accounts payable		10,660		10,660
Deferred revenue		84,167		84,167
Other current liabilities		35,059		35,059
Total current liabilities		130,367		130,367
Long-term debt		12,957		12,957
Other liabilities		5,418		5,418
Additional paid-in capital		194,292		194,292
Treasury stock		(7,384)		(7,384)
Retained Earnings (Accumulated Deficit), Ending Balance		(66,908)		(66,908)
Accumulated other comprehensive loss		(8,818)		(8,818)
Total stockholders’ equity		111,202		111,202
Total liabilities and stockholders’ equity		259,944		259,944
Cash and equivalents		138,080		138,080
Accounts receivable, net		46,420		46,420
Other current assets, net		15,406		15,406
Total current assets		199,906		199,906
Property and equipment, net		29,600		29,600
Capitalized software costs, net		1,486		1,486
Goodwill		12,284		12,284
Deferred tax assets, net		12,322		12,322
Other assets, net		4,346		4,346
Total assets		259,944		259,944
Current portion of long-term debt		481		481
Accounts payable		10,660		10,660
Deferred revenue		84,167		84,167
Other current liabilities		35,059		35,059
Total current liabilities		130,367		130,367
Long-term debt		12,957		12,957
Other liabilities		5,418		5,418
Additional paid-in capital		194,292		194,292
Accumulated deficit		(66,908)		(66,908)
Accumulated other comprehensive loss		(8,818)		(8,818)
Total stockholders’ equity		111,202		111,202
Total liabilities and stockholders’ equity		259,944		259,944
Revenues		79,067		247,124
Costs of revenues		37,323		118,840
Gross profit		41,744		128,284
Sales and marketing		18,141		57,305
Research and development		13,096		40,497
General and administrative		8,095		26,823
Amortization of intangibles from acquisitions		45		45
Total operating expenses		39,377		124,670
Operating income		2,367		3,614
Interest income		(646)		(1,913)
Interest expense		177		488
Other (income) expense, net		(636)		(1,309)
Total other income, net		(1,105)		(2,734)
Income before income taxes		3,472		6,348
Income tax expense		601		3,176
Net income		2,871		3,172
Net income (loss)		2,871		3,172
Amortization of costs capitalized to obtain and fulfill contracts				624
Net change in valuation allowance				4,408
Costs capitalized to obtain and fulfill contracts				(642)
Other assets				430
Deferred revenue				(28,452)
Net cash provided by operating activities				15,097
Effect of exchange rates on cash and equivalents				(4,222)
Calculated under Revenue Guidance in Effect before Topic 606 [Member] | Common Class A [Member]
Common stock value		16		16
Common stock		$ 16		$ 16
Basic income per share (in dollars per share)		$ 0.15		$ 0.17
Diluted income per share (in dollars per share)		$ 0.13		$ 0.15
Calculated under Revenue Guidance in Effect before Topic 606 [Member] | Common Class B [Member]
Common stock value		$ 4		$ 4
Common stock		$ 4		$ 4
Basic income per share (in dollars per share)		$ 0.13		$ 0.14
Diluted income per share (in dollars per share)		$ 0.12		$ 0.13
Calculated under Revenue Guidance in Effect before Topic 606 [Member] | Subscription and Circulation [Member]
Revenues		$ 23,346		$ 66,739
Costs of revenues		8,648		25,224
Calculated under Revenue Guidance in Effect before Topic 606 [Member] | License [Member]
Revenues		4,819		15,260
Costs of revenues		534		1,772
Calculated under Revenue Guidance in Effect before Topic 606 [Member] | Maintenance [Member]
Revenues		30,451		92,621
Costs of revenues		7,716		23,355
Calculated under Revenue Guidance in Effect before Topic 606 [Member] | Professional Services [Member]
Revenues		20,451		72,504
Costs of revenues		20,425		68,489
Accounting Standards Update 2014-09 [Member]
Cash and Cash Equivalents, at Carrying Value, Ending Balance
Accounts receivable, net
Other current assets, net						4,013
Total current assets						4,013
Property and equipment, net
Capitalized software costs, net
Goodwill
Deferred tax assets, net						(1,643)
Other assets, net						8,421
Total assets						10,791
Current portion of long-term debt
Accounts payable
Deferred revenue						(1,239)
Other current liabilities
Total current liabilities						(1,239)
Long-term debt
Other liabilities						(511)
Additional paid-in capital
Treasury stock
Retained Earnings (Accumulated Deficit), Ending Balance						12,541
Accumulated other comprehensive loss
Total stockholders’ equity						12,541
Total liabilities and stockholders’ equity						10,791
Cash and equivalents
Accounts receivable, net
Other current assets, net						4,013
Total current assets						4,013
Property and equipment, net
Capitalized software costs, net
Goodwill
Other assets, net						8,421
Total assets						10,791
Current portion of long-term debt
Accounts payable
Deferred revenue						(1,239)
Other current liabilities
Total current liabilities						(1,239)
Long-term debt
Other liabilities						(511)
Additional paid-in capital
Accumulated deficit						12,541
Accumulated other comprehensive loss
Total stockholders’ equity						12,541
Total liabilities and stockholders’ equity						10,791
Accounting Standards Update 2014-09 [Member] | Common Class A [Member]
Common stock value
Common stock
Accounting Standards Update 2014-09 [Member] | Common Class B [Member]
Common stock value
Common stock
Accounting Standards Update 2014-09 [Member] | Difference between Revenue Guidance in Effect before and after Topic 606 [Member]
Cash and Cash Equivalents, at Carrying Value, Ending Balance
Accounts receivable, net
Other current assets, net		(4,087)		(4,087)
Total current assets		(4,087)		(4,087)
Property and equipment, net
Capitalized software costs, net
Goodwill
Other assets, net		(7,438)		(7,438)
Total assets		(10,566)		(10,566)
Current portion of long-term debt
Accounts payable
Deferred revenue		3,630		3,630
Other current liabilities
Total current liabilities		3,630		3,630
Long-term debt
Other liabilities		645		645
Additional paid-in capital
Treasury stock
Retained Earnings (Accumulated Deficit), Ending Balance		(14,861)		(14,861)
Accumulated other comprehensive loss		20		20
Total stockholders’ equity		(14,841)		(14,841)
Total liabilities and stockholders’ equity		(10,566)		(10,566)
Cash and equivalents
Accounts receivable, net
Other current assets, net		(4,087)		(4,087)
Total current assets		(4,087)		(4,087)
Property and equipment, net
Capitalized software costs, net
Goodwill
Deferred tax assets, net		959		959
Other assets, net		(7,438)		(7,438)
Total assets		(10,566)		(10,566)
Current portion of long-term debt
Accounts payable
Deferred revenue		3,630		3,630
Other current liabilities
Total current liabilities		3,630		3,630
Long-term debt
Other liabilities		645		645
Additional paid-in capital
Accumulated deficit		(14,861)		(14,861)
Accumulated other comprehensive loss		20		20
Total stockholders’ equity		(14,841)		(14,841)
Total liabilities and stockholders’ equity		(10,566)		(10,566)
Revenues		(510)		(3,186)
Costs of revenues		(38)		(24)
Gross profit		(472)		(3,162)
Sales and marketing		(306)		(590)
Research and development		(59)		(177)
General and administrative
Amortization of intangibles from acquisitions
Total operating expenses		(365)		(767)
Operating income		(107)		(2,395)
Interest income
Interest expense
Other (income) expense, net
Total other income, net
Income before income taxes		(107)		(2,395)
Income tax expense		4		(75)
Net income		(111)		(2,320)
Net income (loss)		(111)		(2,320)
Amortization of costs capitalized to obtain and fulfill contracts				(2,483)
Net change in valuation allowance				648
Costs capitalized to obtain and fulfill contracts				1,868
Other assets				(258)
Deferred revenue				2,525
Net cash provided by operating activities				(20)
Effect of exchange rates on cash and equivalents				20
Accounting Standards Update 2014-09 [Member] | Difference between Revenue Guidance in Effect before and after Topic 606 [Member] | Common Class A [Member]
Common stock value
Common stock
Basic income per share (in dollars per share)		$ (0.01)		$ (0.12)
Diluted income per share (in dollars per share)		$ (0.01)		$ (0.11)
Accounting Standards Update 2014-09 [Member] | Difference between Revenue Guidance in Effect before and after Topic 606 [Member] | Common Class B [Member]
Common stock value
Common stock
Basic income per share (in dollars per share)		$ 0		$ (0.10)
Diluted income per share (in dollars per share)		$ 0		$ (0.10)
Accounting Standards Update 2014-09 [Member] | Difference between Revenue Guidance in Effect before and after Topic 606 [Member] | Subscription and Circulation [Member]
Revenues		$ (517)		$ (1,074)
Costs of revenues		(38)		(24)
Accounting Standards Update 2014-09 [Member] | Difference between Revenue Guidance in Effect before and after Topic 606 [Member] | License [Member]
Revenues		188		(1,198)
Costs of revenues
Accounting Standards Update 2014-09 [Member] | Difference between Revenue Guidance in Effect before and after Topic 606 [Member] | Maintenance [Member]
Revenues		50		163
Costs of revenues
Accounting Standards Update 2014-09 [Member] | Difference between Revenue Guidance in Effect before and after Topic 606 [Member] | Professional Services [Member]
Revenues		(231)		(1,077)
Costs of revenues
Accounting Standards Update 2016-16 [Member]
Cash and Cash Equivalents, at Carrying Value, Ending Balance
Accounts receivable, net	[1]
Other current assets, net	[1]
Total current assets	[1]
Property and equipment, net	[1]
Capitalized software costs, net	[1]
Goodwill	[1]
Deferred tax assets, net	[1]					9,584
Other assets, net	[1]
Total assets	[1]					9,584
Current portion of long-term debt	[1]
Accounts payable	[1]
Deferred revenue	[1]
Other current liabilities	[1]
Total current liabilities	[1]
Long-term debt	[1]
Other liabilities	[1]
Additional paid-in capital	[1]
Treasury stock	[1]
Retained Earnings (Accumulated Deficit), Ending Balance						9,584
Accumulated other comprehensive loss	[1]
Total stockholders’ equity	[1]					9,584
Total liabilities and stockholders’ equity	[1]					9,584
Cash and equivalents
Accounts receivable, net	[1]
Other current assets, net	[1]
Total current assets	[1]
Property and equipment, net	[1]
Capitalized software costs, net	[1]
Goodwill	[1]
Other assets, net	[1]
Total assets	[1]					9,584
Current portion of long-term debt	[1]
Accounts payable	[1]
Deferred revenue	[1]
Other current liabilities	[1]
Total current liabilities	[1]
Long-term debt	[1]
Other liabilities	[1]
Additional paid-in capital	[1]
Accumulated deficit						9,584
Accumulated other comprehensive loss	[1]
Total stockholders’ equity	[1]					9,584
Total liabilities and stockholders’ equity	[1]					9,584
Accounting Standards Update 2016-16 [Member] | Common Class A [Member]
Common stock value	[1]
Common stock	[1]
Accounting Standards Update 2016-16 [Member] | Common Class B [Member]
Common stock value	[1]
Common stock	[1]
[1]	For further information about the adoption of Income taxes (Topic 740): Intra-entity Transfers of Assets Other Than Inventory see Note 9 "Income Taxes."

Note 2 - Revenue 1 (Details Tex

Note 2 - Revenue 1 (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017	Jan. 31, 2018
Contract with Customer, Liability, Revenue Recognized	$ 50,200	$ 150,100
Revenue, Remaining Performance Obligation, Amount	214,000		$ 214,000
Capitalized Contract Cost, Amortization			3,107
Capitalized Contract Cost, Impairment Loss	$ 0		$ 0
Direct Costs of Obtaining Contract [Member]
Capitalized Contract Cost, Amortization Period	5 years		5 years
Capitalized Contract Cost, Net, Total	$ 10,400		$ 10,400		$ 10,100
Direct Costs of Obtaining Contract [Member] | Selling and Marketing Expense [Member]
Capitalized Contract Cost, Amortization	$ 900		$ 2,700
Costs to Fulfill Contract [Member]
Capitalized Contract Cost, Amortization Period	5 years		5 years
Capitalized Contract Cost, Net, Total	$ 1,500		$ 1,500		$ 1,500
Costs to Fulfill Contract [Member] | Cost of Sales [Member]
Capitalized Contract Cost, Amortization	$ 100		$ 400

Note 2 - Revenue 2 (Details Tex

Note 2 - Revenue 2 (Details Textual) $ in Thousands	Oct. 31, 2018USD ($)
Revenue, Remaining Performance Obligation, Amount	$ 214,000
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-11-01
Revenue, Remaining Performance Obligation, Amount	$ 130,600
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	1 year

Note 2 - Revenue - Disaggregati

Note 2 - Revenue - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Revenues	$ 79,577	$ 76,925	$ 250,310	$ 224,265
Automotive [Member]
Revenues	31,035	29,232	102,760	84,508
Consumer Products and Food and Beverage [Member]
Revenues	12,732	11,539	40,049	34,353
High Technology and Industrial Products [Member]
Revenues	23,873	25,385	74,231	72,534
Life Sciences [Member]
Revenues	11,937	10,769	33,270	32,870
North America [Member]
Revenues	39,870	37,319	119,183	105,845
EMEA [Member]
Revenues	22,549	21,439	74,542	64,547
Asia Pacific [Member]
Revenues	12,348	12,550	37,773	37,683
Latin America [Member]
Revenues	$ 4,810	$ 5,617	$ 18,812	$ 16,190

Note 2 - Revenue - Contract Bal

Note 2 - Revenue - Contract Balances (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Feb. 01, 2018	Jan. 31, 2018
Contract assets, short-term (in Other current assets, net)	$ 1,452	$ 890
Contract assets, long-term (in Other assets, net)		110
Total contract assets	1,452	1,000
Deferred revenue	80,537	115,454	$ 116,693
Deferred revenue, long-term (in Other labilities)	1,071	1,644	2,156
Total deferred revenue	81,608	117,098	118,849
Deferred revenues, current	80,537	115,454	116,693
Deferred revenues, non-current (in Other liabilities)	1,071	$ 1,644	2,156
Maintenance [Member]
Deferred revenue	50,708		80,811
Deferred revenues, current	50,708		80,811
Subscription and Circulation [Member]
Deferred revenue	27,751		31,034
Deferred revenues, current	27,751		31,034
Professional Services [Member]
Deferred revenue	1,811		3,523
Deferred revenues, current	1,811		3,523
License [Member]
Deferred revenue	95		756
Deferred revenues, current	95		756
Product and Service, Other [Member]
Deferred revenue	172		569
Deferred revenues, current	$ 172		$ 569

Note 3 - Computation of Net I_3

Note 3 - Computation of Net Income (Loss) Per Share - Computation of Basic and Diluted Net Loss Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Net income (loss)	$ 2,982	$ (161)	$ 5,492	$ (3,893)
Dividends declared	(1,374)	(1,345)	(4,105)	(4,021)
Undistributed net income (loss)	1,608	(1,506)	1,387	(7,914)
Dividends declared	1,374	1,345	4,105	4,021
Net income	2,982	(161)	5,492	(3,893)
Common Class A [Member]
Net income (loss)	2,557	(139)	4,707	(3,332)
Dividends declared	(1,178)	(1,152)	(3,518)	(3,442)
Undistributed net income (loss)	1,379	(1,291)	1,189	(6,774)
Dividends declared	1,178	1,152	3,518	3,442
Net income	$ 2,557	$ (139)	$ 4,707	$ (3,332)
Weighted average shares of common stock outstanding—basic (in shares)	16,358	16,011	16,235	15,913
Weighted average potential shares of common stock (in shares)	1,590		1,676
Weighted average shares of common stock and potential common shares outstanding—diluted (in shares)	17,948	16,011	17,911	15,913
Basic income per share (in dollars per share)	$ 0.16	$ (0.01)	$ 0.29	$ (0.21)
Diluted income per share (in dollars per share)	$ 0.14	$ (0.01)	$ 0.26	$ (0.21)
Common Class B [Member]
Net income (loss)	$ 425	$ (22)	$ 785	$ (561)
Dividends declared	(196)	(193)	(587)	(579)
Undistributed net income (loss)	229	(215)	198	(1,140)
Dividends declared	196	193	587	579
Net income	$ 425	$ (22)	$ 785	$ (561)
Weighted average shares of common stock outstanding—basic (in shares)	3,264	3,214	3,253	3,212
Weighted average potential shares of common stock (in shares)	169		176
Weighted average shares of common stock and potential common shares outstanding—diluted (in shares)	3,433	3,214	3,429	3,212
Basic income per share (in dollars per share)	$ 0.13	$ (0.01)	$ 0.24	$ (0.17)
Diluted income per share (in dollars per share)	$ 0.12	$ (0.01)	$ 0.23	$ (0.17)

Note 3 - Computation of Net I_4

Note 3 - Computation of Net Income (Loss) Per Share - Anti-dilutive Shares (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Common Class A [Member]
Antidilutive securities excluded from computation of net income per share (in shares)	241	3,366	285	3,209
Common Class B [Member]
Antidilutive securities excluded from computation of net income per share (in shares)		378		384

Note 4 - Fair Value Measureme_3

Note 4 - Fair Value Measurements (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017	Feb. 01, 2018	Jan. 31, 2018	Jan. 31, 2017
Cash and Cash Equivalents, at Carrying Value, Ending Balance	$ 138,080,000	$ 140,027,000	$ 138,080,000	$ 140,027,000	$ 147,023,000	$ 147,023,000	$ 145,082,000
Interest Rate Swap [Member]
Derivative, Gain (Loss) on Derivative, Net, Total	46,000	$ 106,000	198,000	$ 103,000
Reported Value Measurement [Member] | Money Market Funds [Member]
Cash and Cash Equivalents, at Carrying Value, Ending Balance	$ 27,000,000		$ 27,000,000			$ 32,000,000

Note 4 - Fair Value Measureme_4

Note 4 - Fair Value Measurements - Financial Assets and Liabilities (Details) - USD ($) $ in Thousands		Oct. 31, 2018	Jan. 31, 2018
Asset related to the interest rate swap		$ 385	$ 187
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Money market mutual funds	[1]	110,893	115,416
Asset related to the interest rate swap	[2]
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Money market mutual funds	[1]
Asset related to the interest rate swap	[2]	$ 385	$ 187
[1]	Money market mutual funds are recorded at fair value based upon quoted market prices.
[2]	The asset related to the interest rate swap is recorded at fair value based upon a valuation model that uses relevant observable market inputs at quoted intervals, such as forward yield curves.

Note 4 - Fair Value Measureme_5

Note 4 - Fair Value Measurements - Fair Values of the Derivative Instrument (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Jan. 31, 2018
Fair value of derivative instrument	$ 385	$ 187
Interest Rate Swap [Member] | Other Noncurrent Assets [Member]
Fair value of derivative instrument	$ 385	$ 187

Note 5 - Capitalized Software_3

Note 5 - Capitalized Software Costs (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Capitalized Computer Software Write-Downs			$ 0.3
Capitalized Computer Software, Amortization	$ 0.2	$ 0.2	$ 0.4	$ 0.6

Note 5 - Capitalized Software_4

Note 5 - Capitalized Software Costs - Capitalized Software Costs and Accumulated Amortization (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Feb. 01, 2018	Jan. 31, 2018
Capitalized software development costs	$ 2,026		$ 1,516
Acquired software technology	135
Capitalized software costs, Gross	2,161		1,516
Less accumulated amortization	(675)		(526)
Capitalized software costs, net	$ 1,486	$ 990	$ 990

Note 5 - Capitalized Software_5

Note 5 - Capitalized Software Costs - Estimated Amortization Expense (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Feb. 01, 2018	Jan. 31, 2018
2019 remaining	$ 177
2,020	660
2,021	476
2,022	132
Thereafter	41
Total	$ 1,486	$ 990	$ 990

Note 6 - Goodwill and Intangi_3

Note 6 - Goodwill and Intangible Assets - Goodwill (Details) $ in Thousands	9 Months Ended
	Oct. 31, 2018USD ($)
Beginning balance, gross	$ 26,631
Additions	1,584
Impact of foreign currency translation, gross	(323)
Ending balance, gross	27,892
Accumulated impairment	(15,608)
Additions
Impact of foreign currency translation, accumulated impairment
Accumulated impairment	(15,608)
Beginning balance, net	11,023
Additions	1,584
Impact of foreign currency translation, net	(323)
Ending balance, net	$ 12,284

Note 6 - Goodwill and Intangi_4

Note 6 - Goodwill and Intangible Assets - Intangible Assets (Details) $ in Thousands	Oct. 31, 2018USD ($)
Amortizable intangible assets, gross	$ 1,258
Less: accumulated amortization	(45)
Net amortizable intangible assets	$ 1,213

Note 6 - Goodwill and Intangi_5

Note 6 - Goodwill and Intangible Assets - Future Amortization of Intangible Assets (Details) $ in Thousands	Oct. 31, 2018USD ($)
2019 remaining	$ 60
2,020	243
2,021	243
2,022	243
Thereafter	424
Net amortizable intangible assets	$ 1,213

Note 7 - Debt (Details Textual)

Note 7 - Debt (Details Textual) - Rabobank N.A [Member] - USD ($)	May 30, 2012	Oct. 31, 2018
2012 Mortgage [Member] | Quad Ortega Hill LLC [Member]
Debt Instrument, Face Amount	$ 16,100,000
Debt Instrument, Periodic Payment, Total	88,100
Final Principal Payment	11,700,000
2012 Mortgage [Member] | Quad Ortega Hill LLC [Member] | Swap [Member]
Derivative Liability, Notional Amount	$ 16,100,000
Derivative, Fixed Interest Rate	4.31%
2012 Mortgage [Member] | Quad Ortega Hill LLC [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	2.25%	2.29%
Unsecured Credit Agreement [Member]
Loans Payable to Bank, Total		$ 13,500,000

Note 7 - Debt - Summary of Debt

Note 7 - Debt - Summary of Debt (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Feb. 01, 2018	Jan. 31, 2018
Note payable	$ 13,476		$ 13,825
Less current maturities	(481)	$ (466)	(466)
Less loan origination costs, net	(38)		(46)
Long-term debt	$ 12,957	$ 13,313	$ 13,313

Note 8 - Accumulated Other Co_3

Note 8 - Accumulated Other Comprehensive Loss - Components of Accumulated Other Comprehensive Loss (Details) $ in Thousands	9 Months Ended
	Oct. 31, 2018USD ($)
Balance	$ 105,628
Balance	126,043
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Balance	(6,828)
Other comprehensive loss before reclassifications	(2,010)
Amounts reclassified from accumulated other comprehensive loss
Net current period other comprehensive loss	(2,010)
Balance	$ (8,838)

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017	Jul. 31, 2018	Feb. 01, 2018	Jan. 31, 2018
Income Tax Expense (Benefit), Total	$ 597	$ 1,249	$ 3,251	$ 2,701
Effective Income Tax Rate Reconciliation, Percent, Total	17.00%	115.00%	37.00%	(227.00%)
Income Tax Expense, Transition Tax on Accumulated Foreign Earnings	$ 10,000
Transition Tax for Accumulated Foreign Earnings, Liability	700		$ 700		$ 2,000
Retained Earnings (Accumulated Deficit), Ending Balance	(52,047)		(52,047)			$ (53,434)	$ (75,559)
Unrecognized Tax Benefits, Ending Balance	1,200		1,200
Unrecognized Tax Benefits, Period Increase (Decrease), Total			(900)
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total	100		100
Deferred Tax Assets, Valuation Allowance, Total	35,400		$ 35,400				$ 33,700
Foreign Tax Authority [Member] | State Administration of Taxation, China [Member]
Unrecognized Tax Benefits, Decrease Resulting from Settlements with Taxing Authorities	$ 500
Accounting Standards Update 2016-16 [Member]
Retained Earnings (Accumulated Deficit), Ending Balance						9,584
Deferred Tax Assets, Net of Valuation Allowance, Total						$ 9,600

Note 10 - Stockholders' Equit_2

Note 10 - Stockholders' Equity - Dividends (Details) $ / shares in Units, $ in Thousands	9 Months Ended
	Oct. 31, 2018USD ($)$ / shares
Dividends Declaration Date One [Member]
Record Date	Sep. 25, 2018
Payable	Oct. 2, 2018
Dividend Per Share (in dollars per share)	$ 60
Amount | $	$ 1,374
Dividends Declaration Date One [Member] | Common Class A [Member]
Declaration Date	Sep. 11, 2018
Dividends Declaration Date One [Member] | Common Class B [Member]
Dividend Per Share (in dollars per share)	$ 0.072
Dividends Declaration Date Two [Member]
Record Date	Jun. 25, 2018
Payable	Jul. 6, 2018
Dividend Per Share (in dollars per share)	$ 60
Amount | $	$ 1,372
Dividends Declaration Date Two [Member] | Common Class A [Member]
Declaration Date	Jun. 11, 2018
Dividends Declaration Date Two [Member] | Common Class B [Member]
Dividend Per Share (in dollars per share)	$ 0.072
Dividend Declaration Date Three [Member]
Record Date	Apr. 24, 2018
Payable	May 1, 2018
Dividend Per Share (in dollars per share)	$ 60
Amount | $	$ 1,359
Dividend Declaration Date Three [Member] | Common Class A [Member]
Declaration Date	Apr. 10, 2018
Dividend Declaration Date Three [Member] | Common Class B [Member]
Dividend Per Share (in dollars per share)	$ 0.072

Note 11 - Stock-based Compens_3

Note 11 - Stock-based Compensation (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Restricted Stock Units (RSUs) [Member]
Shares Paid for Tax Withholding for Share Based Compensation	2,000		80,000
Adjustments Related to Tax Withholding for Share-based Compensation	$ 100,000		$ 4,300,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total	$ 20,400,000		$ 20,400,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			3 years
Stock Appreciation Rights (SARs) [Member]
Shares Paid for Tax Withholding for Share Based Compensation	700		103,000
Adjustments Related to Tax Withholding for Share-based Compensation	$ 44,000		$ 4,400,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total	$ 4,800,000		$ 4,800,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			3 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value			$ 12,300,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 16.99	$ 9.59	$ 16.99	$ 9.59

Note 11 - Stock-based Compens_4

Note 11 - Stock-based Compensation - Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Allocated stock-based compensation expense	$ 2,148	$ 2,311	$ 7,618	$ 6,671
Cost of Subscription [Member]
Allocated stock-based compensation expense	65	37	182	98
Cost of Maintenance and Other Revenue [Member]
Allocated stock-based compensation expense	148	107	358	279
Cost of Professional Services [Member]
Allocated stock-based compensation expense	353	309	906	803
Selling and Marketing Expense [Member]
Allocated stock-based compensation expense	611	421	1,547	1,106
Research and Development Expense [Member]
Allocated stock-based compensation expense	442	338	1,170	895
General and Administrative Expense [Member]
Allocated stock-based compensation expense	$ 529	$ 1,099	$ 3,455	$ 3,490

Note 11 - Stock-based Compens_5

Note 11 - Stock-based Compensation - RSUs Activity (Details) - Restricted Stock Units (RSUs) [Member] shares in Thousands	9 Months Ended
	Oct. 31, 2018$ / sharesshares
Restricted stock (in shares) | shares	653
Restricted stock, weighted average grant date fair value (in dollars per share) | $ / shares	$ 25.10
Granted (in shares) | shares	276
Granted, weighted average grant date fair value (in dollars per share) | $ / shares	$ 52.75
Released (in shares) | shares	(262)	[1]
Released, weighted average grant date fair value (in dollars per share) | $ / shares	$ 25.82	[1]
Forfeited (in shares) | shares	(20)
Forfeited, weighted average grant date fair value (in dollars per share) | $ / shares	$ 29.67
Restricted stock (in shares) | shares	647
Restricted stock, weighted average grant date fair value (in dollars per share) | $ / shares	$ 36.47
[1]	The number of RSUs released includes shares withheld on behalf of employees to satisfy the minimum statutory tax withholding requirements.

Note 11 - Stock-based Compens_6

Note 11 - Stock-based Compensation - Weighted Average Assumption to Value SARs (Details) - Stock Appreciation Rights (SARs) [Member]		9 Months Ended
		Oct. 31, 2018	Oct. 31, 2017
Expected life in years (1) (Year)	[1]	5 years 182 days	5 years 182 days
Risk free interest rate (2)	[2]	2.80%	1.82%
Volatility (3)	[3]	31.00%	33.00%
Dividend rate (4)	[4]	0.54%	0.91%
[1]	The expected life of SARs granted under the stock-based compensation plans is based on historical vested SAR exercise and post-vest forfeiture patterns and includes an estimate of the expected term for SARs that were fully vested and outstanding.
[2]	The risk-free interest rate is based on the U.S. Treasury yield for a term consistent with the expected life of SARs in effect at the time of grant.
[3]	The Company estimates the volatility of its common stock at the date of grant based on the historical volatility of the Company's common stock for a period equivalent to the expected life of the SARs, which it believes is representative of the expected volatility over the expected life of the SARs.
[4]	The Company expects to continue paying quarterly dividends at the same rate as the nine months ending on October 31, 2018.

Note 11 - Stock-based Compens_7

Note 11 - Stock-based Compensation - Options/SARs Activity (Details) - Options/SARs [Member] $ / shares in Units, shares in Thousands, $ in Thousands	9 Months Ended
	Oct. 31, 2018USD ($)$ / sharesshares
Outstanding (in shares) | shares	3,024
Outstanding, weighted average exercise price (in dollars per share) | $ / shares	$ 17.78
Granted (in shares) | shares	380
Granted, weighted average exercise price (in dollars per share) | $ / shares	$ 53.50
Exercised (in shares) | shares	(386)
Exercised, weighted average exercise price (in dollars per share) | $ / shares	$ 9.41
Expired (in shares) | shares	(5)
Expired, weighted average exercise price (in dollars per share) | $ / shares	$ 8.97
Forfeited (in shares) | shares	(476)
Forfeited, weighted average exercise price (in dollars per share) | $ / shares	$ 37.14
Outstanding (in shares) | shares	2,537
Outstanding, weighted average exercise price (in dollars per share) | $ / shares	$ 20.80
Outstanding at October 31, 2018 (Year)	3 years 292 days
Outstanding at October 31, 2018 | $	$ 53,606
Vested and exercisable (in shares) | shares	2,062
Vested and exercisable, weighted average exercise price (in dollars per share) | $ / shares	$ 17.03
Vested and exercisable, weighted average remaining contractual term (Year)	3 years 36 days
Vested and exercisable, aggregate intrinsic value | $	$ 49,271

Note 13 - Business Segment In_3

Note 13 - Business Segment Information (Details Textual)	9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
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%

Note 13 - Business Segment In_4

Note 13 - Business Segment Information - Revenue by Region (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Revenues		$ 79,577	$ 76,925	$ 250,310	$ 224,265
North America [Member]
Revenues		39,870	37,319	119,183	105,845
EMEA [Member]
Revenues		22,549	21,439	74,542	64,547
Asia Pacific [Member]
Revenues		12,348	12,550	37,773	37,683
Latin America [Member]
Revenues		4,810	5,617	18,812	16,190
Reportable Geographical Components [Member] | North America [Member]
Revenues	[1]	39,870	37,319	119,183	105,845
Reportable Geographical Components [Member] | EMEA [Member]
Revenues		22,549	21,439	74,542	64,547
Reportable Geographical Components [Member] | Asia Pacific [Member]
Revenues		12,348	12,550	37,773	37,683
Reportable Geographical Components [Member] | Latin America [Member]
Revenues		$ 4,810	$ 5,617	$ 18,812	$ 16,190
[1]	Sales into Canada accounted for 2% of North America total revenue in the three and nine months ended October 31, 2018 and 2017.