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Inventories
6 Months Ended
Jul. 31, 2022
Inventory Disclosure [Abstract]  
Inventories

NOTE 5 – INVENTORIES

Inventories consisted of the following (in thousands):

 

 

 

July 31,
2022

 

 

January 31,
2022

 

 

July 31,
2021

 

Finished goods

 

$

180,102

 

 

$

128,119

 

 

$

145,330

 

Component parts

 

 

33,092

 

 

 

29,759

 

 

 

34,085

 

Work-in-process

 

 

1,844

 

 

 

2,405

 

 

 

3,874

 

 

 

$

215,038

 

 

$

160,283

 

 

$

183,289

 

 

The Company has corrected the previously disclosed July 31, 2021 balances of Finished goods and Component parts to increase Finished goods by $8.6 million and reduce Component parts by a corresponding amount.