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Derivative Financial Instruments (Tables)
3 Months Ended
Apr. 30, 2022
Derivative Instrument Detail [Abstract]  
Schedule of Derivative Financial Instruments Included in Consolidated Balance Sheets

The following table presents the fair values of the Company's derivative financial instruments included in the consolidated balance sheets as of April 30, 2022, January 31, 2022 and April 30, 2021 (in thousands):

 

 

 

Asset Derivatives

 

 

Liability Derivatives

 

 

 

Balance
Sheet
Location

 

April 30,
 2022
Fair
 Value

 

 

January 31,
 2022
Fair
 Value

 

 

April 30,
 2021
Fair
 Value

 

 

Balance
Sheet
Location

 

April 30,
 2022
Fair
 Value

 

 

January 31,
 2022
Fair
 Value

 

 

April 30,
 2021
Fair
 Value

 

Derivatives designated as hedging instruments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign Exchange Contracts

 

Other Current
Assets

 

$

1,761

 

 

$

154

 

 

$

 

 

Accrued
Liabilities

 

$

 

 

$

30

 

 

$

 

Total Derivative Instruments

 

 

 

$

1,761

 

 

$

154

 

 

$

 

 

 

 

$

 

 

$

30

 

 

$

 

 

 

 

 

Asset Derivatives

 

 

Liability Derivatives

 

 

 

Balance
Sheet
Location

 

April 30,
 2022
Fair
 Value

 

 

January 31,
 2022
Fair
 Value

 

 

April 30,
 2021
Fair
 Value

 

 

Balance
Sheet
Location

 

April 30,
 2022
Fair
 Value

 

 

January 31,
 2022
Fair
 Value

 

 

April 30,
 2021
Fair
 Value

 

Derivatives not designated as hedging instruments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign Exchange Contracts

 

Other Current
Assets

 

$

 

 

$

43

 

 

$

130

 

 

Accrued
Liabilities

 

$

1,327

 

 

$

140

 

 

$

74

 

Total Derivative Instruments

 

 

 

$

 

 

$

43

 

 

$

130

 

 

 

 

$

1,327

 

 

$

140

 

 

$

74