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INCOME TAXES (Tables)
 12 Months Ended
Jan. 31, 2024
Income Tax Disclosure [Abstract]  
Schedule of Components of Income (Loss) Before Provision for Income Taxes
The components of income (loss) before provision for income taxes for the years ended January 31, 2024, 2023, and 2022 were as follows:
Year Ended January 31,
(in thousands)202420232022
U.S.$(11,360)$(18,240)$(9,596)
Non-U.S.(1,899)(78,755)17,857 
Total income before provision for income taxes$(13,259)$(96,995)$8,261 
Schedule of Provision for Income Taxes
The provision for income taxes for the years ended January 31, 2024, 2023, and 2022 consisted of the following:
Year Ended January 31,
(in thousands)202420232022
Current provision (benefit) for income taxes:
U.S. Federal$(4,116)$5,161 $— 
U.S. State(120)204 (11)
Non-U.S.5,738 7,546 12,668 
Total current provision (benefit) for income taxes1,502 12,911 12,657 
Deferred provision (benefit) for income taxes:
U.S. Federal(199)2,155 (1,143)
U.S. State(52)(414)53 
Non-U.S.(2,865)(1,696)6,950 
 Total deferred provision (benefit) for income taxes(3,116)45 5,860 
Total provision for income taxes$(1,614)$12,956 $18,517 
Schedule of Effective Tax Rate Reconciliation The reconciliation of the U.S. federal statutory rate to our effective tax rate on income before provision for income taxes for the years ended January 31, 2024, 2023, and 2022 was as follows:
Year Ended January 31,
(dollars in thousands)202420232022
U.S. federal statutory income tax rate21.0 %21.0 %21.0 %
Income tax provision at the U.S. federal statutory rate$(2,785)$(20,369)$1,735 
U.S. State income tax (benefit) provision(172)(156)40 
Non-U.S. tax rate differential1,187 8,636 2,892 
Tax incentives(196)(158)(2,671)
Valuation allowances2,267 7,450 12,731 
Non-deductible expenses/non-taxable income46 491 255 
Business divestiture111 7,372 — 
Tax contingencies(5,136)6,286 2,056 
Stock based and other compensation954 1,102 898 
U.S. tax effects of non-U.S. operations2,162 2,316 540 
Other, net(52)(14)41 
Total provision for income taxes$(1,614)$12,956 $18,517 
Effective income tax rate12.2 %(13.4)%224.1 %
Schedule of Deferred Tax Assets and Liabilities
Deferred tax assets and liabilities consisted of the following at January 31, 2024 and 2023:
January 31,
(in thousands)20242023
Deferred tax assets:
Loss carryforwards$18,100 $16,219 
Accrued compensation10,996 10,741 
Capitalized research and development
5,080 5,192 
Inventory
1,199 43 
Accrued expenses706 126 
Operating lease liabilities— 59 
Exchange rate differences400 105 
Total deferred tax assets36,481 32,485 
Deferred tax liabilities:
Deferred revenue
(565)(1,784)
Goodwill and other intangible assets(6,242)(5,884)
Depreciation of property and equipment— (150)
Operating lease right-of-use assets— (59)
Other, net(417)(790)
Total deferred tax liabilities(7,224)(8,667)
Valuation allowance(28,293)(26,026)
Net deferred tax liabilities$964 $(2,208)
Recorded as:
Deferred tax assets$2,928 $823 
Deferred tax liabilities(1,964)(3,031)
Net deferred tax liabilities$964 $(2,208)
Schedule of Valuation Allowance
Activity in the recorded valuation allowance consisted of the following for the years ended January 31, 2024 and 2023:
Year Ended January 31,
(in thousands)20242023
Valuation allowance, beginning of year$(26,026)$(18,576)
Income tax provision(2,267)(7,450)
Valuation allowance, end of year$(28,293)$(26,026)
Schedule of Unrecognized Tax Benefits
For the years ended January 31, 2024, 2023, and 2022 the aggregate changes in the balance of gross unrecognized tax benefits were as follows:
Year Ended January 31,
(in thousands)202420232022
Gross unrecognized tax benefits, beginning of year$10,893 $10,517 $9,872 
Increases related to tax positions taken during the current year104 1,717 1,828 
(Decreases) increases related to foreign currency exchange rates(467)(828)256 
Reductions for spin-off from Verint— — (1,439)
Reductions for tax positions of prior years(3,167)— — 
Lapses of statutes of limitations(80)(513)— 
Gross unrecognized tax benefits, end of year$7,283 $10,893 $10,517