SEGMENT REPORTING (Tables)

3 Months Ended

Apr. 30, 2026

SEGMENT REPORTING

Schedule of operating results and financial position data of the Company's reportable segments

Three Months Ended
April 30, 2026	Power		Industrial		Teledata		Totals
Revenues	$	226,667	$	58,304	$	5,983	$	290,954
Cost of revenues		173,086		51,427		5,327		229,840
Gross profit		53,581		6,877		656		61,114
Selling, general and administrative expenses		9,229		1,963		1,162		12,354
Income (loss) from operations		44,352		4,914		(506)		48,760
Other income (loss), net		7,852		26		(3)		7,875
Segment income (loss) before income taxes	$	52,204	$	4,940	$	(509)		56,635
Corporate								(2,866)
Consolidated income before income taxes								53,769
Provision for income taxes								7,706
Net income							$	46,063

Three Months Ended							Segment				Consolidated
April 30, 2026	Power		Industrial		Teledata		Totals		Corporate		Totals
Amortization of intangibles	$	—	$	75	$	—	$	75	$	—	$	75
Depreciation		328		152		76		556		3		559
Property, plant and equipment additions		1,805		628		—		2,433		—		2,433
Current assets	$	938,093	$	92,323	$	5,757	$	1,036,173	$	179,935	$	1,216,108
Current liabilities		709,549		77,699		5,154		792,402		2,287		794,689
Goodwill		18,476		9,467		90		28,033		—		28,033
Total assets		988,381		108,690		8,800		1,105,871		180,567		1,286,438

Three Months Ended
April 30, 2025	Power		Industrial		Teledata		Totals
Revenues	$	160,356	$	29,184	$	4,120	$	193,660
Cost of revenues		127,386		26,033		3,378		156,797
Gross profit		32,970		3,151		742		36,863
Selling, general and administrative expenses		6,786		1,612		918		9,316
Income (loss) from operations		26,184		1,539		(176)		27,547
Other income, net		4,372		—		32		4,404
Segment income (loss) before income taxes	$	30,556	$	1,539	$	(144)		31,951
Corporate								(2,165)
Consolidated income before income taxes								29,786
Provision for income taxes								7,236
Net income							$	22,550

Three Months Ended							Segment				Consolidated
April 30, 2025	Power		Industrial		Teledata		Totals		Corporate		Totals
Amortization of intangibles	$	—	$	98	$	—	$	98	$	—	$	98
Depreciation		160		160		92		412		3		415
Property, plant and equipment additions		215		12		88		315		80		395
Current assets	$	542,993	$	43,147	$	5,956	$	592,096	$	145,981	$	738,077
Current liabilities		398,610		19,095		3,962		421,667		1,283		422,950
Goodwill		18,476		9,467		90		28,033		—		28,033
Total assets		577,692		58,995		8,672		645,359		146,796		792,155