Qad (QADA) 10-Q 10 Dec 20 2021 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Oct. 31, 2020	Nov. 30, 2020
Document Information [Line Items]
Entity Central Index Key	0001036188
Entity Registrant Name	QAD INC
Amendment Flag	false
Current Fiscal Year End Date	--01-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Oct. 31, 2020
Document Transition Report	false
Entity File Number	0-22823
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	77-0105228
Entity Address, Address Line One	100 Innovation Place
Entity Address, City or Town	Santa Barbara
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	93108
City Area Code	805
Local Phone Number	566-6000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Common Class B [Member]
Document Information [Line Items]
Title of 12(b) Security	Class B Common Stock, $0.001 par value
Trading Symbol	QADB
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		3,330,318
Common Class A [Member]
Document Information [Line Items]
Title of 12(b) Security	Class A Common Stock, $0.001 par value
Trading Symbol	QADA
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		17,368,759

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020
Assets
Cash and equivalents	$ 143,392	$ 136,717
Accounts receivable, net of allowances of $3,884 and $2,940 at October 31, 2020 and January 31, 2020, respectively	39,187	80,968
Prepaid expenses and other current assets, net	23,261	24,952
Total current assets	205,840	242,637
Property and equipment, net of accumulated depreciation and amortization of $41,289 and $38,861 at October 31, 2020 and January 31, 2020, respectively	26,692	28,687
Lease right-of-use assets	18,764	18,329
Capitalized software costs, net	2,129	1,922
Goodwill	12,348	12,388
Deferred tax assets, net	7,354	5,834
Other assets, net	11,799	13,007
Total assets	284,926	322,804
Liabilities and Stockholders’ Equity
Current portion of long-term debt	521	503
Lease liabilities	3,893	4,371
Accounts payable	8,273	9,840
Deferred revenue	85,842	118,413
Other current liabilities	32,718	39,900
Total current liabilities	131,247	173,027
Long-term debt	11,955	12,341
Long-term lease liabilities	16,026	14,612
Other liabilities	7,582	6,759
Total liabilities	166,810	206,739
Commitments and contingencies (Note 12)
Stockholders’ equity:
Preferred stock, $0.001 par value. Authorized 5,000,000 shares; none issued or outstanding	0	0
Additional paid-in capital	201,832	197,824
Treasury stock, at cost 207,062 and 216,378 Class B shares at October 31, 2020 and January 31, 2020, respectively	(3,073)	(3,226)
Accumulated deficit	(71,676)	(70,209)
Accumulated other comprehensive loss	(8,988)	(8,345)
Total stockholders’ equity	118,116	116,065
Total liabilities and stockholders’ equity	284,926	322,804
Common Class A [Member]
Stockholders’ equity:
Common stock	17	17
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, 2020	Jan. 31, 2020
Accounts receivable, allowance	$ 3,884	$ 2,940
Accumulated depreciation and amortization	$ 41,289	$ 38,861
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
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)	17,367,830	17,108,846
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
Treasury stock, shares (in shares)	207,062	216,378

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019
Revenue:
Revenues	$ 76,660	$ 77,807	$ 224,888	$ 232,220
Costs of revenue:
Costs of revenues	30,655	33,717	93,903	106,683
Gross profit	46,005	44,090	130,985	125,537
Operating expenses:
Sales and marketing	17,415	19,771	53,392	60,853
Research and development	14,177	13,622	41,355	41,479
General and administrative	10,281	9,234	30,597	29,044
Amortization of intangibles from acquisitions	65	67	194	200
Total operating expenses	41,938	42,694	125,538	131,576
Operating income (loss)	4,067	1,396	5,447	(6,039)
Other expense (income):
Interest income	(108)	(695)	(757)	(2,208)
Interest expense	142	176	447	477
Other expense (income), net	194	386	833	60
Total other expense (income), net	228	(133)	523	(1,671)
Income (loss) before income taxes	3,839	1,529	4,924	(4,368)
Income tax expense	626	1,404	2,061	11,991
Net income (loss)	3,213	125	2,863	(16,359)
Diluted net income (loss) per share
Net income (loss)	3,213	125	2,863	(16,359)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustment	405	(313)	(643)	(278)
Total comprehensive income (loss)	3,618	(188)	2,220	(16,637)
Common Class A [Member]
Other expense (income):
Net income (loss)	$ 2,770	$ 107	$ 2,470	$ (14,045)
Basic net income (loss) per share
Basic net (loss) income per share (in dollars per share)	$ 0.16	$ 0.01	$ 0.14	$ (0.85)
Diluted net income (loss) per share
Diluted net (loss) income per share (in dollars per share)	$ 0.16	$ 0.01	$ 0.14	$ (0.85)
Net income (loss)	$ 2,770	$ 107	$ 2,470	$ (14,045)
Common Class B [Member]
Other expense (income):
Net income (loss)	$ 443	$ 18	$ 393	$ (2,314)
Basic net income (loss) per share
Basic net (loss) income per share (in dollars per share)	$ 0.13	$ 0.01	$ 0.12	$ (0.71)
Diluted net income (loss) per share
Diluted net (loss) income per share (in dollars per share)	$ 0.13	$ 0.01	$ 0.12	$ (0.71)
Net income (loss)	$ 443	$ 18	$ 393	$ (2,314)
Subscription and Circulation [Member]
Revenue:
Revenues	33,761	27,328	95,598	78,522
Costs of revenue:
Costs of revenues	10,716	9,540	31,803	28,860
License [Member]
Revenue:
Revenues	1,682	3,295	5,946	11,277
Costs of revenue:
Costs of revenues	441	510	1,407	1,655
Maintenance [Member]
Revenue:
Revenues	27,028	29,699	79,922	89,184
Costs of revenue:
Costs of revenues	6,267	7,291	19,424	22,353
Professional Services [Member]
Revenue:
Revenues	14,189	17,485	43,422	53,237
Costs of revenue:
Costs of revenues	$ 13,231	$ 16,376	$ 41,269	$ 53,815

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Cumulative Effect, Period of Adoption, Adjustment [Member]Retained Earnings [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]	Common Stock [Member]Common Class A [Member]	Common Stock [Member]Common Class B [Member]	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Common Class A [Member]	Common Class B [Member]	Total
Balance (in shares) at Jan. 31, 2019			16,605	3,537	(515)
Balance at Jan. 31, 2019	$ (173)	$ (173)	$ 16	$ 4	$ (7,350)	$ 196,723	$ (48,485)	$ (7,661)			$ 133,247
Net income (loss)							(16,359)		$ (14,045)	$ (2,314)	(16,359)
Foreign currency translation adjustments								(278)			(278)
Stock award exercises					$ 1,943	(2,164)					(220)
Stock compensation expense						8,396					8,396
Dividends declared ($0.216 and $0.18 per Class A and Class B share, respectively)							(4,187)				(4,187)
Restricted stock (in shares)					173
Restricted stock					$ 2,182	(5,534)					(3,352)
Stock award exercises (in shares)					126
Balance (in shares) at Oct. 31, 2019			17,030	3,537	(216)
Balance at Oct. 31, 2019			$ 17	$ 4	$ (3,225)	197,421	(69,204)	(7,939)			117,074
Balance (in shares) at Jan. 31, 2020			17,109	3,537	(216)
Balance at Jan. 31, 2020			$ 17	$ 4	$ (3,226)	197,824	(70,209)	(8,345)			116,065
Net income (loss)			$ 0	$ 0	$ 0	0	2,863	0	$ 2,470	$ 393	2,863
Foreign currency translation adjustments								(643)			(643)
Stock award exercises						(2,590)					(2,437)
Stock compensation expense						10,126					10,126
Dividends declared ($0.216 and $0.18 per Class A and Class B share, respectively)							(4,330)				(4,330)
Restricted stock (in shares)			186
Restricted stock						(3,528)					(3,528)
Balance (in shares) at Oct. 31, 2020			17,368	3,537	(207)
Balance at Oct. 31, 2020			$ 17	$ 4	$ (3,073)	$ 201,832	$ (71,676)	$ (8,988)			$ 118,116

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares	9 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Common Class A [Member]
Dividends declared, per share (in dollars per share)	$ 0.216	$ 0.216
Common Class B [Member]
Dividends declared, per share (in dollars per share)	$ 0.18	$ 0.18

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Cash flows from operating activities:
Net income (loss)	$ 2,863	$ (16,359)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	5,139	4,745
Amortization of costs capitalized to obtain and fulfill contracts	3,633	3,301
Amortization of right-of-use assets	4,381	4,460
Net change in valuation allowance	945	14,376
Other deferred income taxes	(1,939)	(2)
Loss on disposal of equipment	80	51
Provision for doubtful accounts and sales adjustments	1,167	656
Stock compensation expense	10,126	8,396
Change in fair value of derivative instrument	149	352
Other, net	58	71
Changes in assets and liabilities:
Accounts receivable	40,455	40,342
Costs capitalized to obtain and fulfill contracts	(3,658)	(3,489)
Lease liabilities	(4,018)	(4,577)
Prepaid expenses and other assets	1,293	(3,767)
Accounts payable	(1,758)	(4,048)
Deferred revenue	(33,125)	(31,422)
Other liabilities	(6,565)	(5,233)
Net cash provided by operating activities	19,226	7,853
Cash flows from investing activities:
Purchase of property and equipment	(1,733)	(4,251)
Proceeds from sale of building	1,496	0
Purchase of short-term investments	0	(1,200)
Proceeds from sale of short-term investments	0	2,400
Capitalized software costs	(1,071)	(963)
Net cash used in investing activities	(1,308)	(4,014)
Cash flows from financing activities:
Repayments of debt	(462)	(389)
Tax payments related to stock awards	(5,965)	(3,572)
Cash dividends paid	(4,330)	(4,187)
Net cash used in financing activities	(10,757)	(8,148)
Effect of exchange rates on cash and equivalents	(486)	(1,289)
Net increase (decrease) in cash and equivalents	6,675	(5,598)
Cash and equivalents at beginning of period	136,717	139,413
Cash and equivalents at end of period	143,392	133,815
Supplemental disclosure of cash flow information:
Interest	428	464
Income taxes, net of refunds	$ 2,944	$ 2,974

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation and Recent Accounting Pronouncements	9 Months Ended
	Oct. 31, 2020
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, 2020. three nine October 31, 2020 not January 31, 2021. The Company’s accounting policies are set forth in detail in Note 1 10 January 31, 2020 no 2016 13, Financial Instruments-Credit Losses. Sale of Building During the second 2020, third 2021 Recent Accounting Pronouncements Except as discussed below, there have been no nine October 31, 2020, Recent Accounting Pronouncements Adopted In January 2017, 2017 04, Simplifying the Test for Goodwill Impairment 2” February 1, 2020, first 2021. not In June 2016, 2016 13, Financial Instruments-Credit Losses (Topic 326 February 1, 2020, first 2021, not In August 2018, 2018 15, Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350 40 350 40, February 1, 2020, first 2021. not Recent Accounting Pronouncements Not In December 2019, 740 740. December 15, 2020. not

Note 2 - Revenue

Note 2 - Revenue	9 Months Ended
	Oct. 31, 2020
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. In instances where SSP is not not may first 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 24 60 30 30 License 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, 2020 2019 2020 2019 (in thousands) (in thousands) North America $ 39,379 $ 38,302 $ 115,379 $ 112,798 EMEA 23,334 22,233 67,281 66,860 Asia Pacific 9,682 11,776 28,895 35,413 Latin America 4,265 5,496 13,333 17,149 Total revenue $ 76,660 $ 77,807 $ 224,888 $ 232,220 The Company’s revenue by industry is as follows: Three Months Ended October 31, Nine Months Ended October 31, 2020 2019 2020 2019 (in thousands) (in thousands) Automotive $ 24,852 $ 28,071 $ 71,264 $ 84,105 Consumer products and food and beverage 12,466 11,244 37,756 35,351 High technology and industrial products 26,974 26,612 80,442 78,549 Life sciences and other 12,368 11,880 35,426 34,215 Total revenue $ 76,660 $ 77,807 $ 224,888 $ 232,220 Management Judgments Due to the complexity of certain contracts, the actual revenue recognition treatment required under Topic 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 multiple agreements are entered into at or near the same time and so closely related that the agreements are, in effect, part of a single arrangement, such agreements are deemed to be combined as a single arrangement for revenue recognition purposes. The Company exercises judgment to evaluate the relevant facts and circumstances in determining whether multiple agreements should be accounted for separately or as a single arrangement. The Company’s judgments about whether multiple agreements comprise a single arrangement can affect the allocation of consideration to the distinct performance obligations, which could have an effect on results of operations for the periods involved. 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, 2020 January 31, 2020. The Company’s contract balances are as follows: October 31, 2020 January 31, 2020 (in thousands) Contract assets, short-term (in “Prepaid expenses and other current assets, net”) $ 3,958 $ 1,595 Contract assets, long-term (in “Other assets, net”) 91 214 Total contract assets $ 4,049 $ 1,809 Deferred revenue, short-term $ 85,842 $ 118,413 Deferred revenue, long-term (in “Other liabilities”) 2,304 2,811 Total deferred revenue $ 88,146 $ 121,224 During the nine October 31, 2020, 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 $269.2 million as of October 31, 2020, twelve 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: October 31, 2020 January 31, 2020 (in thousands) Deferred maintenance $ 42,259 $ 69,650 Deferred subscription 41,105 45,702 Deferred professional services 2,393 2,705 Deferred license and other revenue 85 356 Deferred revenues, current 85,842 118,413 Deferred revenues, non-current (in “Other liabilities”) 2,304 2,811 Total deferred revenues $ 88,146 $ 121,224 Practical Expedients and Exemptions There are several practical expedients and exemptions allowed under Topic 606 ● 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 does not 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, 2020 January 31, 2020, three nine October 31, 2020, three nine October 31, 2019, Costs to fulfill a contract, which are incurred upon initiation of certain services contracts and are related to initial customer setup, are included in “Prepaid expenses and other current assets, net” and “Other assets, net” in the Company’s Condensed Consolidated Balance Sheets. At October 31, 2020 January 31, 2020 five three nine October 31, 2020, three nine October 31, 2019, 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 nine October 31, 2020 2019.

Note 3 - Computation of Net Inc

Note 3 - Computation of Net Income (Loss) Per Share	9 Months Ended
	Oct. 31, 2020
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, 2020 2019 2020 2019 (in thousands, except per share data) (in thousands, except per s hare data) Net income (loss) $ 3,213 $ 125 $ 2,863 $ (16,359 ) Less: Dividends declared (1,451 ) (1,426 ) (4,330 ) (4,187 ) Undistributed net income (loss) $ 1,762 $ (1,301 ) $ (1,467 ) $ (20,546 ) Net income (loss) per share – Class A Common Stock Dividends declared $ 1,251 $ 1,226 $ 3,732 $ 3,596 Allocation of undistributed net income (loss) 1,519 (1,119 ) (1,262 ) (17,641 ) Net income (loss) attributable to Class A common stock $ 2,770 $ 107 $ 2,470 $ (14,045 ) Weighted average shares of Class A common stock outstanding— basic 17,367 16,918 17,242 16,586 Weighted average potential shares of Class A common stock 497 877 595 — Weighted average shares of Class A common stock and potential common shares outstanding— diluted 17,864 17,795 17,837 16,586 Basic net income (loss) per Class A common share $ 0.16 $ 0.01 $ 0.14 $ (0.85 ) Diluted net income (loss) per Class A common share $ 0.16 $ 0.01 $ 0.14 $ (0.85 ) Net income (loss) per share – Class B Common Stock Dividends declared $ 200 $ 200 $ 598 $ 591 Allocation of undistributed net income (loss) 243 (182 ) (205 ) (2,905 ) Net income (loss) attributable to Class B common stock $ 443 $ 18 $ 393 $ (2,314 ) Weighted average shares of Class B common stock outstanding— basic 3,330 3,308 3,324 3,279 Weighted average potential shares of Class B common stock 57 90 65 — Weighted average shares of Class B common stock and potential common shares outstanding— diluted 3,387 3,398 3,389 3,279 Basic net income (loss) per Class B common share $ 0.13 $ 0.01 $ 0.12 $ (0.71 ) Diluted net income (loss) per Class B common share $ 0.13 $ 0.01 $ 0.12 $ (0.71 ) Potential common shares consist of the shares issuable upon the release of restricted stock units (RSUs) and performance stock units (PSUs) and the exercise of stock appreciation rights (SARs). The Company’s unvested RSUs and PSUs, 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, 2020 2019 2020 2019 (in thousands) (in thousands) Class A 304 368 202 2,695 Class B — — — 244

Note 4 - Fair Value Measurement

Note 4 - Fair Value Measurements	9 Months Ended
	Oct. 31, 2020
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 • Level 1 • Level 2 • Level 3 The following table sets forth the financial assets and liability, measured at fair value, as of October 31, 2020 January 31, 2020: Fair value measurement at reporting date using Quoted Prices Significant Significant (in thousands) As of October 31, 2020 Money market mutual funds $ 116,963 Certificates of deposit $ 8,060 Liability related to the interest rate swap $ (381 ) As of January 31, 2020 Money market mutual funds $ 107,319 Certificates of deposit $ 14,917 Liability related to the interest rate swap $ (232 ) Money market mutual funds and certificates of deposit 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 $18.4 million and $14.5 million at October 31, 2020 January 31, 2020, 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, 2020. 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, 2020 January 31, 2020 Liability Fair Value Balance Sheet October 31, January 31, Derivative instrument: Interest rate swap Other liabilities $ (381 ) $ (232 ) Total $ (381 ) $ (232 ) The change in fair value of the interest rate swap recognized in the Condensed Consolidated Statement of Operations and Comprehensive Income (Loss) was $70,000 and $(149,000) for the three nine October 31, 2020, three nine October 31, 2019,

Note 5 - Capitalized Software C

Note 5 - Capitalized Software Costs	9 Months Ended
	Oct. 31, 2020
Notes to Financial Statements
Capitalized Software Costs [Text Block]	5. CAPITALIZED SOFTWARE COSTS Capitalized software costs and accumulated amortization at October 31, 2020 January 31, 2020 October 31, 2020 January 31, 2020 (in thousands) Capitalized software costs: Capitalized software development costs $ 3,618 $ 3,356 Acquired software technology 135 135 3,753 3,491 Less accumulated amortization (1,624 ) (1,569 ) Capitalized software costs, net $ 2,129 $ 1,922 The Company’s capitalized software development costs relate to translations and localizations of QAD Adaptive Applications. Acquired software technology costs relate to intellectual property purchased during fiscal 2019. It is the Company’s policy to write off capitalized software development costs once fully amortized. Accordingly, during the first nine 2021, first nine 2021. Amortization of capitalized software costs was $0.3 million and $0.9 million for the three nine October 31, 2020, three nine October 31, 2019, The following table summarizes the estimated amortization expense relating to the Company’s capitalized software costs as of October 31, 2020: Fiscal Years (in thousands) 2021 remaining $ 298 2022 1,000 2023 636 2024 195 Thereafter - $ 2,129

Note 6 - Goodwill and Intangibl

Note 6 - Goodwill and Intangible Assets	9 Months Ended
	Oct. 31, 2020
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, 2020 Gross Carrying Amount Accumulated Impairment Goodwill, Net (in thousands) Balance at January 31, 2020 $ 27,996 $ (15,608 ) $ 12,388 Impact of foreign currency translation (40 ) - (40 ) Balance at October 31, 2020 $ 27,956 $ (15,608 ) $ 12,348 The Company performed its annual goodwill impairment review during the fourth 2020. November 30, 2019. no 2020. 19 third 2021 no Intangible Assets October 31, 2020 January 31, 2020 (in thousands) Amortizable intangible assets: Customer relationships $ 1,291 $ 1,379 Less accumulated amortization (563 ) (394 ) Amortizable intangible assets, net $ 728 $ 985 The Company’s intangible assets are related to the acquisitions completed in fiscal 2019. five Amortization of intangible assets from acquisitions was $0.1 million and $0.2 million for the three nine October 31, 2020 2019. October 31, 2020: Fiscal Years (in thousands) 2021 remaining $ 65 2022 258 2023 258 2024 147 Thereafter - $ 728

Note 7 - Debt

Note 7 - Debt	9 Months Ended
	Oct. 31, 2020
Notes to Financial Statements
Debt Disclosure [Text Block]	7. DEBT October 31, 2020 January 31, 2020 (in thousands) Note payable $ 12,493 $ 12,868 Less current maturities (521 ) (503 ) Less loan origination costs, net (17 ) (24 ) Long-term debt $ 11,955 $ 12,341 Effective May 30, 2012, 2012 2012 one October 31, 2020. 2012 June 2022 2012 2012 2012 one June 1, 2022. October 31, 2020

Note 8 - Accumulated Other Comp

Note 8 - Accumulated Other Comprehensive Loss	9 Months Ended
	Oct. 31, 2020
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, 2020 $ (8,345 ) Other comprehensive loss before reclassifications (643 ) Amounts reclassified from accumulated other comprehensive loss - Net current period other comprehensive loss (643 ) Balance as of October 31, 2020 $ (8,988 ) During the nine October 31, 2020

Note 9 - Income Taxes

Note 9 - Income Taxes	9 Months Ended
	Oct. 31, 2020
Notes to Financial Statements
Income Tax Disclosure [Text Block]	9. INCOME TAXES In determining the provision for income taxes for the first nine 2021, second 2021 2021. The Company recorded income tax expense of $0.6 million and $1.4 million in the third 2021 2020, third 2021 third 2020 second 2020. The Company recorded income tax expense of $2.1 million and $12.0 million for the first nine 2021 2020, first nine 2021 2020. On March 27, 2020, 19 19 first nine 2021, not 19 may In July 2020, July 2020, When calculating QAD’s income tax expense for the first nine 2021, December 2017. June 14, 2019 first nine 2021, not The Company has elected to treat the deferred taxes related to GILTI provisions as a current-period expense when incurred (the period cost method). At October 31, 2020 January 31, 2020, first nine 2021 2020 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, 2020 2019, The Company reviews its net deferred tax assets by entity at each balance sheet date to determine whether a valuation allowance is necessary based on the more-likely-than- not first nine 2021 19, A valuation allowance has been established for select foreign jurisdictions along with U.S. federal and state net deferred tax assets. The following table discloses the Company’s valuation allowance by entity (in millions): Jurisdiction October 31, 2020 January 31, 2020 U.S. federal and state $ 31.3 $ 30.3 Ireland 11.6 11.6 Brazil 6.5 5.7 Germany 2.7 2.6 Hong Kong 0.6 0.6 South Africa 0.2 0.2 Total valuation allowance $ 52.9 $ 51.0 At October 31, 2020 January 31, 2020, 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 2018 ● France for fiscal years ended January 31, 2018, 2019 2020 During the fiscal year 2021, no ● Germany for fiscal years ended January 31, 2015, 2016 2017 ● Thailand for fiscal year ended January 31, 2018 ● Mexico for calendar years ended December 31, 2015, 2016, 2017 2018

Note 10 - Stockholders' Equity

Note 10 - Stockholders' Equity	9 Months Ended
	Oct. 31, 2020
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 2021: Declaration Date Record Date Payable Dividend Class A Dividend Class B Amount (in thousands) 9/9/2020 9/23/2020 9/30/2020 $ 0.072 $ 0.06 $ 1,451 6/11/2020 6/25/2020 7/7/2020 $ 0.072 $ 0.06 $ 1,448 4/7/2020 4/22/2020 4/29/2020 $ 0.072 $ 0.06 $ 1,431

Note 11 - Stock-based Compensat

Note 11 - Stock-based Compensation	9 Months Ended
	Oct. 31, 2020
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	11. STOCK-BASED COMPENSATION The Company’s equity awards consist of RSUs, PSUs and SARs. For a description of the Company’s stock-based compensation plans, see Note 6 10 January 31, 2020. Stock-Based Compensation The following table sets forth reported stock-based compensation expense for the three nine October 31, 2020 2019: Three Months Ended October 31, Nine Months Ended October 31, 2020 2019 2020 2019 (in thousands) (in thousands) Cost of subscription $ 156 $ 84 $ 402 $ 226 Cost of maintenance 125 143 354 396 Cost of professional services 449 404 1,198 1,085 Sales and marketing 792 607 2,020 1,562 Research and development 607 492 1,618 1,360 General and administrative 1,641 1,174 4,534 3,767 Total stock-based compensation expense $ 3,770 $ 2,904 $ 10,126 $ 8,396 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, 2020: RSUs (in thousands) Weighted Average Grant Date Fair Value Restricted stock at January 31, 2020 627 $ 39.86 Granted 343 40.28 Released (1) (248 ) 35.69 Forfeited (19 ) 41.67 Restricted stock at October 31, 2020 703 $ 41.49 ( 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, 2020, nine October 31, 2020, Total unrecognized compensation cost related to RSUs was approximately $24.8 million as of October 31, 2020. PSU Information The following table summarizes the activity for PSUs for the nine October 31, 2020: PSUs (in thousands) Weighted Performance stock units at January 31, 2020 90 $ 39.82 Granted 93 40.54 Released (1) (21 ) 39.82 Forfeited (9 ) 39.82 Performance stock units at October 31, 2020 153 $ 40.26 ( 1 The number of PSUs 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, 2020, not no nine October 31, 2020, $0.3 Total unrecognized compensation cost related to PSUs was approximately $2.8 million as of October 31, 2020. SAR Information The following table summarizes the activity for outstanding SARs for the nine October 31, 2020: SARs (in thousands) Weighted Average Exercise Price per Share Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value (in thousands) Outstanding at January 31, 2020 1,349 $ 24.86 Granted - - Exercised (202 ) 12.92 Expired - - Forfeited - - Outstanding at October 31, 2020 1,147 $ 26.98 3.1 $ 17,897 Vested and exercisable at October 31, 2020 1,004 $ 24.25 2.8 $ 17,413 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, 2020, October 31, 2020. nine October 31, 2020 The number of SARs exercised includes shares withheld on behalf of employees to satisfy minimum statutory tax withholding requirements. During the three October 31, 2020, nine October 31, 2020, At October 31, 2020,

Note 12 - Commitments and Conti

Note 12 - Commitments and Contingencies	9 Months Ended
	Oct. 31, 2020
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, 2020
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 products and services 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, 2020 2019 2020 2019 (in thousands) (in thousands) Revenue: North America (1) $ 39,379 $ 38,302 $ 115,379 $ 112,798 EMEA 23,334 22,233 67,281 66,860 Asia Pacific 9,682 11,776 28,895 35,413 Latin America 4,265 5,496 13,333 17,149 $ 76,660 $ 77,807 $ 224,888 $ 232,220 ( 1 Sales into Canada accounted for 3% and 2% of North America total revenue in the three nine October 31, 2020, three nine October 31, 2019.

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Oct. 31, 2020
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, 2020. three nine October 31, 2020 not January 31, 2021. The Company’s accounting policies are set forth in detail in Note 1 10 January 31, 2020 no 2016 13, Financial Instruments-Credit Losses.
Assets Held for Sale [Policy Text Block]	Sale of Building During the second 2020, third 2021
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements Except as discussed below, there have been no nine October 31, 2020, Recent Accounting Pronouncements Adopted In January 2017, 2017 04, Simplifying the Test for Goodwill Impairment 2” February 1, 2020, first 2021. not In June 2016, 2016 13, Financial Instruments-Credit Losses (Topic 326 February 1, 2020, first 2021, not In August 2018, 2018 15, Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350 40 350 40, February 1, 2020, first 2021. not Recent Accounting Pronouncements Not In December 2019, 740 740. December 15, 2020. not

Note 2 - Revenue (Tables)

Note 2 - Revenue (Tables)	9 Months Ended
	Oct. 31, 2020
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended October 31, Nine Months Ended October 31, 2020 2019 2020 2019 (in thousands) (in thousands) North America $ 39,379 $ 38,302 $ 115,379 $ 112,798 EMEA 23,334 22,233 67,281 66,860 Asia Pacific 9,682 11,776 28,895 35,413 Latin America 4,265 5,496 13,333 17,149 Total revenue $ 76,660 $ 77,807 $ 224,888 $ 232,220 Three Months Ended October 31, Nine Months Ended October 31, 2020 2019 2020 2019 (in thousands) (in thousands) Automotive $ 24,852 $ 28,071 $ 71,264 $ 84,105 Consumer products and food and beverage 12,466 11,244 37,756 35,351 High technology and industrial products 26,974 26,612 80,442 78,549 Life sciences and other 12,368 11,880 35,426 34,215 Total revenue $ 76,660 $ 77,807 $ 224,888 $ 232,220
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	October 31, 2020 January 31, 2020 (in thousands) Contract assets, short-term (in “Prepaid expenses and other current assets, net”) $ 3,958 $ 1,595 Contract assets, long-term (in “Other assets, net”) 91 214 Total contract assets $ 4,049 $ 1,809 Deferred revenue, short-term $ 85,842 $ 118,413 Deferred revenue, long-term (in “Other liabilities”) 2,304 2,811 Total deferred revenue $ 88,146 $ 121,224 October 31, 2020 January 31, 2020 (in thousands) Deferred maintenance $ 42,259 $ 69,650 Deferred subscription 41,105 45,702 Deferred professional services 2,393 2,705 Deferred license and other revenue 85 356 Deferred revenues, current 85,842 118,413 Deferred revenues, non-current (in “Other liabilities”) 2,304 2,811 Total deferred revenues $ 88,146 $ 121,224

Note 3 - Computation of Net I_2

Note 3 - Computation of Net Income (Loss) Per Share (Tables)	9 Months Ended
	Oct. 31, 2020
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Nine Months Ended October 31, October 31, 2020 2019 2020 2019 (in thousands, except per share data) (in thousands, except per s hare data) Net income (loss) $ 3,213 $ 125 $ 2,863 $ (16,359 ) Less: Dividends declared (1,451 ) (1,426 ) (4,330 ) (4,187 ) Undistributed net income (loss) $ 1,762 $ (1,301 ) $ (1,467 ) $ (20,546 ) Net income (loss) per share – Class A Common Stock Dividends declared $ 1,251 $ 1,226 $ 3,732 $ 3,596 Allocation of undistributed net income (loss) 1,519 (1,119 ) (1,262 ) (17,641 ) Net income (loss) attributable to Class A common stock $ 2,770 $ 107 $ 2,470 $ (14,045 ) Weighted average shares of Class A common stock outstanding— basic 17,367 16,918 17,242 16,586 Weighted average potential shares of Class A common stock 497 877 595 — Weighted average shares of Class A common stock and potential common shares outstanding— diluted 17,864 17,795 17,837 16,586 Basic net income (loss) per Class A common share $ 0.16 $ 0.01 $ 0.14 $ (0.85 ) Diluted net income (loss) per Class A common share $ 0.16 $ 0.01 $ 0.14 $ (0.85 ) Net income (loss) per share – Class B Common Stock Dividends declared $ 200 $ 200 $ 598 $ 591 Allocation of undistributed net income (loss) 243 (182 ) (205 ) (2,905 ) Net income (loss) attributable to Class B common stock $ 443 $ 18 $ 393 $ (2,314 ) Weighted average shares of Class B common stock outstanding— basic 3,330 3,308 3,324 3,279 Weighted average potential shares of Class B common stock 57 90 65 — Weighted average shares of Class B common stock and potential common shares outstanding— diluted 3,387 3,398 3,389 3,279 Basic net income (loss) per Class B common share $ 0.13 $ 0.01 $ 0.12 $ (0.71 ) Diluted net income (loss) per Class B common share $ 0.13 $ 0.01 $ 0.12 $ (0.71 )
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Three Months Ended Nine Months Ended October 31, October 31, 2020 2019 2020 2019 (in thousands) (in thousands) Class A 304 368 202 2,695 Class B — — — 244

Note 4 - Fair Value Measureme_2

Note 4 - Fair Value Measurements (Tables)	9 Months Ended
	Oct. 31, 2020
Notes Tables
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Fair value measurement at reporting date using Quoted Prices Significant Significant (in thousands) As of October 31, 2020 Money market mutual funds $ 116,963 Certificates of deposit $ 8,060 Liability related to the interest rate swap $ (381 ) As of January 31, 2020 Money market mutual funds $ 107,319 Certificates of deposit $ 14,917 Liability related to the interest rate swap $ (232 )
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	Liability Fair Value Balance Sheet October 31, January 31, Derivative instrument: Interest rate swap Other liabilities $ (381 ) $ (232 ) Total $ (381 ) $ (232 )

Note 5 - Capitalized Software_2

Note 5 - Capitalized Software Costs (Tables)	9 Months Ended
	Oct. 31, 2020
Notes Tables
Schedule of Capitalized Software Costs [Table Text Block]	October 31, 2020 January 31, 2020 (in thousands) Capitalized software costs: Capitalized software development costs $ 3,618 $ 3,356 Acquired software technology 135 135 3,753 3,491 Less accumulated amortization (1,624 ) (1,569 ) Capitalized software costs, net $ 2,129 $ 1,922
Schedule of Capitalized Software Costs Amortization Expense [Table Text Block]	Fiscal Years (in thousands) 2021 remaining $ 298 2022 1,000 2023 636 2024 195 Thereafter - $ 2,129

Note 6 - Goodwill and Intangi_2

Note 6 - Goodwill and Intangible Assets (Tables)	9 Months Ended
	Oct. 31, 2020
Notes Tables
Schedule of Goodwill [Table Text Block]	Gross Carrying Amount Accumulated Impairment Goodwill, Net (in thousands) Balance at January 31, 2020 $ 27,996 $ (15,608 ) $ 12,388 Impact of foreign currency translation (40 ) - (40 ) Balance at October 31, 2020 $ 27,956 $ (15,608 ) $ 12,348
Schedule of Finite-Lived Intangible Assets [Table Text Block]	October 31, 2020 January 31, 2020 (in thousands) Amortizable intangible assets: Customer relationships $ 1,291 $ 1,379 Less accumulated amortization (563 ) (394 ) Amortizable intangible assets, net $ 728 $ 985
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Fiscal Years (in thousands) 2021 remaining $ 65 2022 258 2023 258 2024 147 Thereafter - $ 728

Note 7 - Debt (Tables)

Note 7 - Debt (Tables)	9 Months Ended
	Oct. 31, 2020
Notes Tables
Schedule of Debt [Table Text Block]	October 31, 2020 January 31, 2020 (in thousands) Note payable $ 12,493 $ 12,868 Less current maturities (521 ) (503 ) Less loan origination costs, net (17 ) (24 ) Long-term debt $ 11,955 $ 12,341

Note 8 - Accumulated Other Co_2

Note 8 - Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Oct. 31, 2020
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Foreign Currency Translation Adjustments (in thousands) Balance as of January 31, 2020 $ (8,345 ) Other comprehensive loss before reclassifications (643 ) Amounts reclassified from accumulated other comprehensive loss - Net current period other comprehensive loss (643 ) Balance as of October 31, 2020 $ (8,988 )

Note 9 - Income Taxes (Tables)

Note 9 - Income Taxes (Tables)	9 Months Ended
	Oct. 31, 2020
Notes Tables
Summary of Valuation Allowance [Table Text Block]	Jurisdiction October 31, 2020 January 31, 2020 U.S. federal and state $ 31.3 $ 30.3 Ireland 11.6 11.6 Brazil 6.5 5.7 Germany 2.7 2.6 Hong Kong 0.6 0.6 South Africa 0.2 0.2 Total valuation allowance $ 52.9 $ 51.0

Note 10 - Stockholders' Equity

Note 10 - Stockholders' Equity (Tables)	9 Months Ended
	Oct. 31, 2020
Notes Tables
Dividends Declared [Table Text Block]	Declaration Date Record Date Payable Dividend Class A Dividend Class B Amount (in thousands) 9/9/2020 9/23/2020 9/30/2020 $ 0.072 $ 0.06 $ 1,451 6/11/2020 6/25/2020 7/7/2020 $ 0.072 $ 0.06 $ 1,448 4/7/2020 4/22/2020 4/29/2020 $ 0.072 $ 0.06 $ 1,431

Note 11 - Stock-based Compens_2

Note 11 - Stock-based Compensation (Tables)	9 Months Ended
	Oct. 31, 2020
Notes Tables
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	Three Months Ended October 31, Nine Months Ended October 31, 2020 2019 2020 2019 (in thousands) (in thousands) Cost of subscription $ 156 $ 84 $ 402 $ 226 Cost of maintenance 125 143 354 396 Cost of professional services 449 404 1,198 1,085 Sales and marketing 792 607 2,020 1,562 Research and development 607 492 1,618 1,360 General and administrative 1,641 1,174 4,534 3,767 Total stock-based compensation expense $ 3,770 $ 2,904 $ 10,126 $ 8,396
Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]	RSUs (in thousands) Weighted Average Grant Date Fair Value Restricted stock at January 31, 2020 627 $ 39.86 Granted 343 40.28 Released (1) (248 ) 35.69 Forfeited (19 ) 41.67 Restricted stock at October 31, 2020 703 $ 41.49
Share-based Payment Arrangement, Performance Shares, Activity [Table Text Block]	PSUs (in thousands) Weighted Performance stock units at January 31, 2020 90 $ 39.82 Granted 93 40.54 Released (1) (21 ) 39.82 Forfeited (9 ) 39.82 Performance stock units at October 31, 2020 153 $ 40.26
Share-based Payment Arrangement, Option and Stock Appreciation Rights, 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, 2020 1,349 $ 24.86 Granted - - Exercised (202 ) 12.92 Expired - - Forfeited - - Outstanding at October 31, 2020 1,147 $ 26.98 3.1 $ 17,897 Vested and exercisable at October 31, 2020 1,004 $ 24.25 2.8 $ 17,413

Note 13 - Business Segment In_2

Note 13 - Business Segment Information (Tables)	9 Months Ended
	Oct. 31, 2020
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, 2020 2019 2020 2019 (in thousands) (in thousands) Revenue: North America (1) $ 39,379 $ 38,302 $ 115,379 $ 112,798 EMEA 23,334 22,233 67,281 66,860 Asia Pacific 9,682 11,776 28,895 35,413 Latin America 4,265 5,496 13,333 17,149 $ 76,660 $ 77,807 $ 224,888 $ 232,220

Note 1 - Basis of Presentatio_2

Note 1 - Basis of Presentation and Recent Accounting Pronouncements (Details Textual) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Oct. 31, 2020	Oct. 31, 2020	Oct. 31, 2019
Proceeds from Sale of Property, Plant, and Equipment, Total	$ 1,500	$ 1,496	$ 0

Note 2 - Revenue 1 (Details Tex

Note 2 - Revenue 1 (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019	Jan. 31, 2020
Contract with Customer, Liability, Revenue Recognized			$ 108,300
Revenue, Remaining Performance Obligation, Amount	$ 269,200		269,200
Capitalized Contract Cost, Amortization			3,633	$ 3,301
Capitalized Contract Cost, Impairment Loss			$ 0	0
Direct Costs of Obtaining Contract [Member]
Capitalized Contract Cost, Amortization Period (Year)	5 years		5 years
Capitalized Contract Cost, Net, Total	$ 12,400		$ 12,400		$ 12,300
Direct Costs of Obtaining Contract [Member] | Selling and Marketing Expense [Member]
Capitalized Contract Cost, Amortization	$ 1,100	$ 1,000	$ 3,200	2,900
Costs to Fulfill Contract [Member]
Capitalized Contract Cost, Amortization Period (Year)	5 years		5 years		5 years
Capitalized Contract Cost, Net, Total	$ 1,400		$ 1,400		$ 1,400
Costs to Fulfill Contract [Member] | Cost of Sales [Member]
Capitalized Contract Cost, Amortization	$ 200	$ 100	$ 400	$ 400

Note 2 - Revenue 2 (Details Tex

Note 2 - Revenue 2 (Details Textual) $ in Millions	Oct. 31, 2020USD ($)
Revenue, Remaining Performance Obligation, Amount	$ 269.2
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-11-01
Revenue, Remaining Performance Obligation, Amount	$ 152.7
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Month)	12 months

Note 2 - Revenue - Disaggregati

Note 2 - Revenue - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019
Revenues	$ 76,660	$ 77,807	$ 224,888	$ 232,220
Automotive [Member]
Revenues	24,852	28,071	71,264	84,105
Consumer Products and Food and Beverage [Member]
Revenues	12,466	11,244	37,756	35,351
High Technology and Industrial Products [Member]
Revenues	26,974	26,612	80,442	78,549
Life Sciences [Member]
Revenues	12,368	11,880	35,426	34,215
North America [Member]
Revenues	39,379	38,302	115,379	112,798
EMEA [Member]
Revenues	23,334	22,233	67,281	66,860
Asia Pacific [Member]
Revenues	9,682	11,776	28,895	35,413
Latin America [Member]
Revenues	$ 4,265	$ 5,496	$ 13,333	$ 17,149

Note 2 - Revenue - Contract Bal

Note 2 - Revenue - Contract Balances (Details) - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020
Contract assets, short-term (in “Prepaid expenses and other current assets, net”)	$ 3,958	$ 1,595
Contract assets, long-term (in “Other assets, net”)	91	214
Total contract assets	4,049	1,809
Deferred revenue, short-term	85,842	118,413
Deferred revenue, long-term (in “Other liabilities”)	2,304	2,811
Total deferred revenue	88,146	121,224
Maintenance [Member]
Deferred revenue, short-term	42,259	69,650
Subscription and Circulation [Member]
Deferred revenue, short-term	41,105	45,702
Professional Services [Member]
Deferred revenue, short-term	2,393	2,705
License and Other [Member]
Deferred revenue, short-term	$ 85	$ 356

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, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019
Net income (loss)	$ 3,213	$ 125	$ 2,863	$ (16,359)
Dividends declared	(1,451)	(1,426)	(4,330)	(4,187)
Undistributed net income (loss)	1,762	(1,301)	(1,467)	(20,546)
Dividends declared	1,451	1,426	4,330	4,187
Common Class A [Member]
Net income (loss)	2,770	107	2,470	(14,045)
Dividends declared	(1,251)	(1,226)	(3,732)	(3,596)
Undistributed net income (loss)	1,519	(1,119)	(1,262)	(17,641)
Dividends declared	$ 1,251	$ 1,226	$ 3,732	$ 3,596
Weighted average shares of common stock outstanding—basic (in shares)	17,367	16,918	17,242	16,586
Weighted average potential shares of common stock (in shares)	497	877	595	0
Weighted average shares of common stock and potential common shares outstanding—diluted (in shares)	17,864	17,795	17,837	16,586
Basic net loss per common share (in dollars per share)	$ 0.16	$ 0.01	$ 0.14	$ (0.85)
Diluted net loss per common share (in dollars per share)	0.16	0.01	0.14	(0.85)
Basic net (loss) income per share (in dollars per share)	0.16	0.01	0.14	(0.85)
Diluted net (loss) income per share (in dollars per share)	$ 0.16	$ 0.01	$ 0.14	$ (0.85)
Common Class B [Member]
Net income (loss)	$ 443	$ 18	$ 393	$ (2,314)
Dividends declared	(200)	(200)	(598)	(591)
Undistributed net income (loss)	243	(182)	(205)	(2,905)
Dividends declared	$ 200	$ 200	$ 598	$ 591
Weighted average shares of common stock outstanding—basic (in shares)	3,330	3,308	3,324	3,279
Weighted average potential shares of common stock (in shares)	57	90	65	0
Weighted average shares of common stock and potential common shares outstanding—diluted (in shares)	3,387	3,398	3,389	3,279
Basic net loss per common share (in dollars per share)	$ 0.13	$ 0.01	$ 0.12	$ (0.71)
Diluted net loss per common share (in dollars per share)	0.13	0.01	0.12	(0.71)
Basic net (loss) income per share (in dollars per share)	0.13	0.01	0.12	(0.71)
Diluted net (loss) income per share (in dollars per share)	$ 0.13	$ 0.01	$ 0.12	$ (0.71)

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, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019
Common Class A [Member]
Antidilutive securities excluded from computation of net income per share (in shares)	304	368	202	2,695
Common Class B [Member]
Antidilutive securities excluded from computation of net income per share (in shares)	0	0	0	244

Note 4 - Fair Value Measureme_3

Note 4 - Fair Value Measurements (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019	Jan. 31, 2020
Cash and Cash Equivalents, at Carrying Value, Ending Balance	$ 143,392,000		$ 143,392,000		$ 136,717,000
Interest Rate Swap [Member]
Derivative, Gain (Loss) on Derivative, Net, Total	70,000	$ (101,000)	(149,000)	$ (352,000)
Reported Value Measurement [Member]
Cash and Cash Equivalents, at Carrying Value, Ending Balance	$ 18,400,000		$ 18,400,000		$ 14,500,000

Note 4 - Fair Value Measureme_4

Note 4 - Fair Value Measurements - Financial Assets and Liabilities (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020
Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member]
Cash and cash equivalents	$ 116,963	$ 107,319
Fair Value, Inputs, Level 1 [Member] | Certificates of Deposit [Member]
Cash and cash equivalents	8,060	14,917
Fair Value, Inputs, Level 2 [Member]
Liability related to the interest rate swap	$ (381)	$ (232)

Note 4 - Fair Value Measureme_5

Note 4 - Fair Value Measurements - Fair Values of the Derivative Instrument (Details) - Fair Value, Inputs, Level 2 [Member] - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020
Liability related to the interest rate swap	$ (381)	$ (232)
Interest Rate Swap [Member] | Other Noncurrent Liabilities [Member]
Liability related to the interest rate swap	$ (381)	$ (232)

Note 5 - Capitalized Software_3

Note 5 - Capitalized Software Costs (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019
Capitalized Computer Software Write-Downs			$ 0.8
Capitalized Computer Software, Amortization	$ 0.3	$ 0.2	$ 0.9	$ 0.7

Note 5 - Capitalized Software_4

Note 5 - Capitalized Software Costs - Capitalized Software Costs and Accumulated Amortization (Details) - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020
Capitalized software development costs	$ 3,618	$ 3,356
Acquired software technology	135	135
Capitalized software costs, Gross	3,753	3,491
Less accumulated amortization	(1,624)	(1,569)
Total	$ 2,129	$ 1,922

Note 5 - Capitalized Software_5

Note 5 - Capitalized Software Costs - Estimated Amortization Expense (Details) - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020
2021 remaining	$ 298
2022	1,000
2023	636
2024	195
Thereafter	0
Total	$ 2,129	$ 1,922

Note 6 - Goodwill and Intangi_3

Note 6 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019
Amortization of Intangible Assets, Total	$ 65	$ 67	$ 194	$ 200

Note 6 - Goodwill and Intangi_4

Note 6 - Goodwill and Intangible Assets - Goodwill (Details) $ in Thousands	9 Months Ended
	Oct. 31, 2020USD ($)
Beginning balance, gross	$ 27,996
Accumulated impairment	(15,608)
Beginning balance, net	12,388
Impact of foreign currency translation, gross	(40)
Impact of foreign currency translation, accumulated impairment	0
Ending balance, gross	27,956
Accumulated impairment	(15,608)
Ending balance, net	$ 12,348

Note 6 - Goodwill and Intangi_5

Note 6 - Goodwill and Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020
Intanigble assets, gross	$ 1,291	$ 1,379
Less accumulated amortization	(563)	(394)
Net amortizable intangible assets	$ 728	$ 985

Note 6 - Goodwill and Intangi_6

Note 6 - Goodwill and Intangible Assets - Future Amortization of Intangible Assets (Details) - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020
2021 remaining	$ 65
2022	258
2023	258
2024	147
Thereafter	0
Net amortizable intangible assets	$ 728	$ 985

Note 7 - Debt (Details Textual)

Note 7 - Debt (Details Textual) - 2012 Mortgage [Member] - Rabobank N.A [Member] - USD ($)	May 30, 2012	Oct. 31, 2020
Loans Payable to Bank, Total		$ 12,500,000
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
Quad Ortega Hill LLC [Member] | Swap [Member]
Derivative Liability, Notional Amount	$ 16,100,000
Derivative, Fixed Interest Rate	4.31%
Quad Ortega Hill LLC [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	2.25%	0.15%

Note 7 - Debt - Summary of Debt

Note 7 - Debt - Summary of Debt (Details) - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020
Note payable	$ 12,493	$ 12,868
Less current maturities	(521)	(503)
Less loan origination costs, net	(17)	(24)
Long-term debt	$ 11,955	$ 12,341

Note 8 - Accumulated Other Co_3

Note 8 - Accumulated Other Comprehensive Loss (Details Textual) $ in Thousands	9 Months Ended
	Oct. 31, 2020USD ($)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	$ 0

Note 8 - Accumulated Other Co_4

Note 8 - Accumulated Other Comprehensive Loss - Components of Accumulated Other Comprehensive Loss (Details) $ in Thousands	9 Months Ended
	Oct. 31, 2020USD ($)
Balance	$ 116,065
Balance	118,116
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Balance	(8,345)
Other comprehensive loss before reclassifications	(643)
Amounts reclassified from accumulated other comprehensive loss	0
Net current period other comprehensive loss	(643)
Balance	$ (8,988)

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019	Jan. 31, 2020
Income Tax Expense (Benefit), Total	$ 626	$ 1,404	$ 2,061	$ 11,991
Effective Income Tax Rate Reconciliation, Percent, Total	16.00%	92.00%	42.00%	(275.00%)
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount	$ 800		$ 10,800
Unrecognized Tax Benefits, Ending Balance	1,300		1,300		$ 1,200
Unrecognized Tax Benefits, Period Increase (Decrease), Total			1,000
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total	100	$ 100	100	$ 100
Deferred Tax Assets, Valuation Allowance, Total	52,900		$ 52,900		51,000
Foreign Tax Authority [Member] | Ministry of Finance, India [Member]
Income Tax Examination, Year under Examination			2010 2013 2018
Foreign Tax Authority [Member] | Ministry of the Economy, Finance and Industry, France [Member]
Income Tax Examination, Year under Examination			2018 2019 2020
Foreign Tax Authority [Member] | Federal Ministry of Finance, Germany [Member]
Deferred Tax Assets, Valuation Allowance, Total	$ 2,700		$ 2,700		$ 2,600
Income Tax Examination, Year under Examination			2015 2016 2017
Foreign Tax Authority [Member] | Mexican Tax Authority [Member]
Income Tax Examination, Year under Examination			2015 2016 2017 2018
Foreign Tax Authority [Member] | Income Tax Autority, Thailand [Member]
Income Tax Examination, Year under Examination			2018

Note 9 - Income Taxes - Valuati

Note 9 - Income Taxes - Valuation Allowance (Details) - USD ($) $ in Millions	Oct. 31, 2020	Jan. 31, 2020
Valuation Allowance	$ 52.9	$ 51
Federal and State Tax Authority [Member]
Valuation Allowance	31.3	30.3
Foreign Tax Authority [Member] | Revenue Commissioners, Ireland [Member]
Valuation Allowance	11.6	11.6
Foreign Tax Authority [Member] | Secretariat of the Federal Revenue Bureau of Brazil [Member]
Valuation Allowance	6.5	5.7
Foreign Tax Authority [Member] | Federal Ministry of Finance, Germany [Member]
Valuation Allowance	2.7	2.6
Foreign Tax Authority [Member] | Inland Revenue, Hong Kong [Member]
Valuation Allowance	0.6	0.6
Foreign Tax Authority [Member] | Income Tax Authority, South Africa [Member]
Valuation Allowance	$ 0.2	$ 0.2

Note 10 - Stockholders' Equit_2

Note 10 - Stockholders' Equity - Dividends (Details) - USD ($) $ / shares in Units, $ in Thousands	Jun. 11, 2020	Apr. 07, 2020	Oct. 31, 2020	Oct. 31, 2020	Oct. 31, 2019
Record Date	Jun. 25, 2020	Apr. 22, 2020	Sep. 23, 2020
Payable	Jul. 7, 2020	Apr. 29, 2020	Sep. 30, 2020
Amount	$ 1,448	$ 1,431	$ 1,451	$ 4,330	$ 4,187
Common Class A [Member]
Dividend (in dollars per share)	$ 0.072	$ 0.072	$ 0.072	$ 0.072
Common Class B [Member]
Dividend (in dollars per share)	$ 0.06	$ 0.06	$ 0.06	$ 0.06

Note 11 - Stock-based Compens_3

Note 11 - Stock-based Compensation (Details Textual)	3 Months Ended	9 Months Ended
	Oct. 31, 2020USD ($)shares	Oct. 31, 2020USD ($)shares
Restricted Stock Units (RSUs) [Member]
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation (in shares) | shares	200	76,000
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation	$ 9,000	$ 3,200,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	24,800,000	$ 24,800,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)		2 years 9 months 18 days
Performance Shares [Member]
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation (in shares) | shares		8,000
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation		$ 300,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	$ 2,800,000	$ 2,800,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)		1 year 2 months 12 days
Stock Appreciation Rights (SARs) [Member]
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation (in shares) | shares	400	57,000
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation	$ 15,000	$ 2,400,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	$ 1,600,000	$ 1,600,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)		1 year 4 months 24 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value		$ 6,000,000

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, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019
Allocated stock-based compensation expense	$ 3,770	$ 2,904	$ 10,126	$ 8,396
Cost of Subscription [Member]
Allocated stock-based compensation expense	156	84	402	226
Cost of Maintenance and Other Revenue [Member]
Allocated stock-based compensation expense	125	143	354	396
Cost of Professional Services [Member]
Allocated stock-based compensation expense	449	404	1,198	1,085
Selling and Marketing Expense [Member]
Allocated stock-based compensation expense	792	607	2,020	1,562
Research and Development Expense [Member]
Allocated stock-based compensation expense	607	492	1,618	1,360
General and Administrative Expense [Member]
Allocated stock-based compensation expense	$ 1,641	$ 1,174	$ 4,534	$ 3,767

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, 2020$ / sharesshares
Restricted stock (in shares) | shares	627
Restricted stock, weighted average grant date fair value (in dollars per share) | $ / shares	$ 39.86
Granted (in shares) | shares	343
Granted, weighted average grant date fair value (in dollars per share) | $ / shares	$ 40.28
Released (in shares) | shares	(248)	[1]
Released, weighted average grant date fair value (in dollars per share) | $ / shares	$ 35.69	[1]
Forfeited (in shares) | shares	(19)
Forfeited, weighted average grant date fair value (in dollars per share) | $ / shares	$ 41.67
Restricted stock (in shares) | shares	703
Restricted stock, weighted average grant date fair value (in dollars per share) | $ / shares	$ 41.49
[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 - PSUs Activity (Details) - Performance Shares [Member] shares in Thousands	9 Months Ended
	Oct. 31, 2020$ / sharesshares
Restricted stock (in shares) | shares	90
Restricted stock, weighted average grant date fair value (in dollars per share) | $ / shares	$ 39.82
Granted (in shares) | shares	93
Granted, weighted average grant date fair value (in dollars per share) | $ / shares	$ 40.54
Released (in shares) | shares	(21)	[1]
Released, weighted average grant date fair value (in dollars per share) | $ / shares	$ 39.82	[1]
Forfeited (in shares) | shares	(9)
Forfeited, weighted average grant date fair value (in dollars per share) | $ / shares	$ 39.82
Restricted stock (in shares) | shares	153
Restricted stock, weighted average grant date fair value (in dollars per share) | $ / shares	$ 40.26
[1]	The number of PSUs released includes shares withheld on behalf of employees to satisfy the minimum statutory tax withholding requirements.

Note 11 - Stock-based Compens_7

Note 11 - Stock-based Compensation - SARs Activity (Details) - Stock Appreciation Rights (SARs) [Member] $ / shares in Units, shares in Thousands, $ in Thousands	9 Months Ended
	Oct. 31, 2020USD ($)$ / sharesshares
Outstanding (in shares) | shares	1,349
Outstanding, weighted average exercise price (in dollars per share) | $ / shares	$ 24.86
Exercised (in shares) | shares	(202)
Exercised, weighted average exercise price (in dollars per share) | $ / shares	$ 12.92
Outstanding (in shares) | shares	1,147
Outstanding, weighted average exercise price (in dollars per share) | $ / shares	$ 26.98
Outstanding, weighted average remaining contractual term (Year)	3 years 1 month 6 days
Outstanding, aggregate intrinsic value | $	$ 17,897
Vested and exercisable (in shares) | shares	1,004
Vested and exercisable, weighted average exercise price (in dollars per share) | $ / shares	$ 24.25
Vested and exercisable, weighted average remaining contractual term (Year)	2 years 9 months 18 days
Vested and exercisable, aggregate intrinsic value | $	$ 17,413

Note 13 - Business Segment In_3

Note 13 - Business Segment Information (Details Textual)	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019
Number of Geographic Locations			4
Number of Operating Segments			1
Geographic Concentration Risk [Member] | North America Revenue [Member] | CANADA
Concentration Risk, Percentage	3.00%	2.00%	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, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019
Revenues		$ 76,660	$ 77,807	$ 224,888	$ 232,220
North America [Member]
Revenues		39,379	38,302	115,379	112,798
EMEA [Member]
Revenues		23,334	22,233	67,281	66,860
Asia Pacific [Member]
Revenues		9,682	11,776	28,895	35,413
Latin America [Member]
Revenues		4,265	5,496	13,333	17,149
Reportable Geographical Components [Member] | North America [Member]
Revenues	[1]	39,379	38,302	115,379	112,798
Reportable Geographical Components [Member] | EMEA [Member]
Revenues		23,334	22,233	67,281	66,860
Reportable Geographical Components [Member] | Asia Pacific [Member]
Revenues		9,682	11,776	28,895	35,413
Reportable Geographical Components [Member] | Latin America [Member]
Revenues		$ 4,265	$ 5,496	$ 13,333	$ 17,149
[1]	Sales into Canada accounted for 3% and 2% of North America total revenue in the three and nine months ended October 31, 2020, respectively and for 2% of North America total revenue in the three and nine months ended October 31, 2019.