STOCK-BASED COMPENSATION AND OTHER BENEFIT PLANS (Tables)
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12 Months Ended |
Jan. 31, 2024 |
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| Share-Based Payment Arrangement [Abstract] |
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| Schedule of Recognized Stock-based Compensation Expense |
We recognized stock-based compensation expense in the following line items on the consolidated statements of operations for the years ended January 31, 2024, 2023, and 2022: | | | | | | | | | | | | | | | | | | | | | | | Year Ended January 31, | | (in thousands) | | 2024 | | 2023 | | 2022 | | Component of (loss) income before provision for income taxes: | | | | | | | | Cost of revenue: | | | | | | | | Software | | $ | (9) | | | $ | 229 | | | $ | 229 | | | Software service | | 1,071 | | | 1,078 | | | $ | 1,160 | | | Professional service and other | | 355 | | | 2,038 | | | $ | 2,535 | | | | | | | | | | Research and development, net | | 2,232 | | | 8,048 | | | $ | 7,792 | | | Selling, general and administrative | | 8,539 | | | 13,955 | | | $ | 21,320 | | | Total stock-based compensation expense | | 12,188 | | | 25,348 | | | $ | 33,036 | | | Income tax benefits related to stock-based compensation (before consideration of valuation allowances) | | 1,615 | | | 3,358 | | | $ | 4,196 | | | Total stock-based compensation, net of taxes | | $ | 10,573 | | | $ | 21,990 | | | $ | 28,840 | |
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| Summary of Stock-based Compensation Expense by Type of Award |
The following table summarizes stock-based compensation expense by type of award for the years ended January 31, 2024, 2023, and 2022: | | | | | | | | | | | | | | | | | | | | | | | Year Ended January 31, | | (in thousands) | | 2024 | | 2023 | | 2022 | | Restricted stock units and restricted stock awards | | $ | 12,777 | | | $ | 21,759 | | | $ | 31,825 | | | Stock bonus program and bonus share program | | (610) | | | 3,487 | | | 1,040 | | | Total equity-settled awards | | 12,167 | | | 25,246 | | | 32,865 | | | Phantom stock units (cash-settled awards) | | 21 | | | 102 | | | 171 | | | Total stock-based compensation expense | | $ | 12,188 | | | $ | 25,348 | | | $ | 33,036 | |
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| Summary of Stock Awards Activity |
The following table (“Award Activity Table”) summarizes activity for RSUs and PSUs to Company personnel that reduce available plan capacity under the plans for the years ended January 31, 2024 and 2023: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended January 31, | | Year Ended January 31, | | | 2024 | | 2023 | | (in thousands, except grant date fair values) | | Shares or Units | | Weighted-Average Grant-Date Fair Value | | Shares or Units | | Weighted-Average Grant-Date Fair Value | | Opening balance | | 1,923 | | | $ | 11.02 | | | 1,901 | | | $ | 24.42 | | | Granted | | 4,041 | | | $ | 4.55 | | | 2,208 | | | $ | 6.87 | | | Released | | (2,164) | | | $ | 7.51 | | | (1,627) | | | $ | 19.53 | | | Forfeited | | (203) | | | $ | 18.43 | | | (559) | | | $ | 15.43 | | | Closing balance | | 3,597 | | | $ | 5.44 | | | 1,923 | | | $ | 11.02 | |
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