Income Taxes (Tables)

12 Months Ended

Jan. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Income/(Loss) before Provision/(Benefit) for Income Taxes

Income/(loss) before provision/(benefit) for income taxes for the fiscal year ended January 31, 2023, 2022 and 2021 on a legal entity basis consists of the following (in thousands):

	2023		2022		2021
U.S. income/(loss) before taxes	$	25,214	$	39,920	$	(121,302	)
Non-U.S. income/(loss) before taxes		96,691		77,413		(21,080	)
Income/(loss) before income taxes	$	121,905	$	117,333	$	(142,382	)

Schedule of Provision/(Benefit) for Income Taxes

The provision/(benefit) for income taxes for the fiscal years ended January 31, 2023, 2022 and 2021 consists of the following components (in thousands):

	2023			2022			2021
Current:
U.S. Federal	$	5,408		$	9,249		$	(21,657	)
U.S. State and Local		2,099			1,179			(703	)
Non-U.S.		18,087			14,555			9,464
		25,594			24,983			(12,896	)
Deferred:
U.S. Federal		99			(2,145	)		(11,139	)
U.S. State and Local		151			2,000			(6,321	)
Non-U.S.		(962	)		(64	)		(832	)
		(712	)		(209	)		(18,292	)
Provision/(benefit) for income taxes	$	24,882		$	24,774		$	(31,188	)

Schedule of Significant Components of Deferred Income Tax Assets and Liabilities

Significant components of the Company’s deferred income tax assets and liabilities for the fiscal years ended January 31, 2023 and 2022 are as follows (in thousands):

	2023 Deferred Taxes					2022 Deferred Taxes
	Assets			Liabilities		Assets			Liabilities
Net operating loss carryforwards	$	6,370		$	—	$	9,479		$	—
Inventory		1,925			—		—			377
Unprocessed returns		1,379			—		1,178			—
Receivables allowances		695			—		765			—
Deferred compensation		16,672			—		15,764			—
Depreciation/amortization		15,358			—		16,545			—
Other provisions/accruals		1,696			—		2,087			—
Deferred occupancy costs		17,199			15,228		16,024			14,072
Miscellaneous		774			—		722			—
		62,068			15,228		62,564			14,449
Valuation allowance		(4,041	)		—		(7,022	)		—
Total deferred tax assets and liabilities	$	58,027		$	15,228	$	55,542		$	14,449

Schedule of Provision/(Benefit) for Income Taxes for Continuing Operations by Applying U.S. Federal Statutory Rate

The provision/(benefit) for income taxes for the fiscal years ended January 31, 2023, 2022 and 2021 differs from the U.S. federal statutory rate due to the following (in thousands):

	Fiscal Year Ended January 31, (1)
	2023			2022			2021
Provision/(benefit) for income taxes at the U.S. statutory rate	$	25,600		$	24,640		$	(29,900	)
Lower effective non-U.S. income tax rate		(2,143	)		(1,366	)		(74	)
State and local taxes, net of federal benefit		1,777			2,511			(5,549	)
Change in valuation allowance		(1,671	)		727			1,035
Impairment of goodwill and intangible assets		—			—			11,694
Impact of CARES Act		—			(1,532	)		(10,231	)
Compensation and benefits		545			1,130			976
Other permanent differences		(217	)		(132	)		173
Other, net		991			(1,204	)		688
Total provision/(benefit) for income taxes	$	24,882		$	24,774		$	(31,188	)

[1] Prior periods have been reclassified to conform to the current year presentation.

Schedule of Reconciliation of Beginning and Ending Amounts of Gross Unrecognized Tax Benefits

A reconciliation of the beginning and ending amounts of gross unrecognized tax benefits (exclusive of interest) for the fiscal years ended January 31, 2023, 2022 and 2021 are as follows (in thousands):

	2023			2022			2021
Beginning balance	$	876		$	901		$	826
Tax positions taken in the current year		—			159			204
Tax positions taken in prior years		205			—			(26	)
Lapse of statute of limitations		(168	)		(166	)		(119	)
Settlements		(331	)		—			—
Non-U.S. currency exchange fluctuations		(13	)		(18	)		16
Ending balance	$	569		$	876		$	901