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Accumulated Other Comprehensive Income
6 Months Ended
Jul. 31, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income

NOTE 13 – ACCUMULATED OTHER COMPREHENSIVE INCOME

The accumulated balances at July 31, 2022 and 2021, and January 31, 2022, related to each component of accumulated other comprehensive income/(loss) are as follows (in thousands):

 

 

 

July 31,
 2022

 

 

January 31,
 2022

 

 

July 31,
 2021

 

Foreign currency translation adjustments

 

$

74,194

 

 

$

84,725

 

 

$

91,058

 

Available-for-sale securities

 

 

158

 

 

 

172

 

 

 

149

 

Hedging contracts

 

 

1,140

 

 

 

194

 

 

 

 

Unrecognized prior service cost related to defined benefit pension plan

 

 

(259

)

 

 

(287

)

 

 

(315

)

Net actuarial gain/(loss) related to defined benefit pension plan

 

 

491

 

 

 

491

 

 

 

(406

)

Total accumulated other comprehensive income

 

$

75,724

 

 

$

85,295

 

 

$

90,486

 

 

Amounts reclassified from accumulated other comprehensive income/(loss) to operating income in the Consolidated Statements of Operations during the six months ended July 31, 2022 and July 31, 2021 were $1.0 million and zero, respectively.