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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Oct. 31, 2020
Accounting Policies [Abstract]  
RSUs, PSUs and stock options granted during the period
The following table sets forth the RSUs and PSUs granted during the three and nine months ended October 31, 2020 and 2019: 
Three Months Ended
October 31,
Nine Months Ended
October 31,
2020201920202019
RSUs — 2,534 622,195 106,328 
PSUs (1)
— — 270,828 33,894 
Total stock awards granted— 2,534 893,023 140,222 
Aggregate grant date fair value (in thousands)$— $65 $7,957 $2,910 
(1)The weighted-average assumptions used in the Monte Carlo model for the PSUs granted on February 6, 2020 included expected volatility of 60.0%, an expected term of 3 years and risk-free interest rate of 1.42%.  No dividend yield was included in the weighted-average assumptions.
Shares outstanding for the earnings per share calculations The following table sets forth the shares outstanding for the earnings per share calculations: 
 Three Months Ended
October 31,
Nine Months Ended
October 31,
(in thousands)2020201920202019
Weighted-average common shares outstanding - Basic29,142,843 29,094,062 29,013,759 30,796,114 
Dilutive effect of stock options, PSUs and RSUs340,638 616,678 — 557,720 
Weighted-average common shares outstanding - Diluted29,483,481 29,710,740 29,013,759 31,353,834 
Cumulative effect of the changes for adoption of ASC 326 The cumulative effect of the changes made to the Company’s Consolidated Balance Sheet as a result of the adoption of ASC 326 were as follows:
Impact of Adoption of ASC 326
(in thousands)Balance at January 31, 2020Adjustments due to ASC 326Balance at February 1, 2020
Assets
Customer accounts receivable$673,742 $(49,700)$624,042 
Long-term portion of customer accounts receivable663,761 (48,962)614,799 
Deferred Income Taxes18,599 22,172 40,771 
Stockholders’ Equity
Retained Earnings$570,636 $(76,490)$494,146