XML 36 R19.htm IDEA: XBRL DOCUMENT v3.24.1
Restructuring and Other Related Charges
 12 Months Ended
Jan. 31, 2024
Restructuring and Related Activities [Abstract]  
Restructuring and Other Related Charges
11. Restructuring and Other Related Charges
In February 2023, the Company reduced its total global headcount by approximately 7%.
As a result, the Company recognized total restructuring charges of approximately $9.3 million during the year ended January 31, 2024, which consisted primarily of one-time severance and other termination benefit costs of $8.0 million, as well as accelerated stock-based compensation of $1.3 million.
The Company recognized one-time severance and other termination benefit costs as follows (in thousands):
Fiscal Year Ended January 31,
2024
Cost of revenue$463 
Research and development2,119 
Sales and marketing3,811 
General and administrative1,634 
Total (1)
$8,027 
(1) Excludes stock-based compensation of $1.3 million.
The changes in liabilities resulting from the restructuring charges and related accruals were as follows (in thousands):
Balance as of January 31, 2023
$— 
Charges (1)
8,027 
Cash payments(7,839)
Balance as of January 31, 2024 (2)
$188 
(1) Excludes stock-based compensation of $1.3 million.
(2) Balance is included in accrued compensation and benefits on the consolidated balance sheet as of January 31, 2024.