Restructuring Costs

3 Months Ended

Apr. 30, 2022

Restructuring Costs

Restructuring Costs

(14)  Restructuring Costs

During the first quarter of fiscal 2022, the Company implemented an additional cost optimization initiative. As a result of the first quarter fiscal 2022 cost optimization initiative, the Company recorded restructuring charges of $157 for the three-month period ended April 30, 2022, which relate primarily to severance associated with the additional consolidation and elimination of positions across the Company’s Entertainment segment. These initiatives were substantially complete as of April 30, 2022.

The following table summarizes the significant components and activity under the restructuring program for the three-month period ended April 30, 2022:

	Balance at						Balance at
	January 29, 2022		Charges		Cash Payments		April 30, 2022
Severance	$	557	$	157	$	(367)	$	347
	$	557	$	157	$	(367)	$	347

The liability for restructuring accruals is included in accrued liabilities within the accompanying condensed consolidated balance sheets.