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Property, Plant and Equipment
12 Months Ended
Jan. 31, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

NOTE 7 – PROPERTY, PLANT AND EQUIPMENT

A summary of the components of property, plant and equipment and their estimated useful lives is as follows (in thousands):

 

 

 

As of January 31,

 

 

 

 

 

2025

 

 

2024

 

 

Estimated Useful Lives

Land and buildings

 

$

1,323

 

 

$

1,399

 

 

40 years for buildings

Furniture and equipment

 

 

46,039

 

 

 

54,169

 

 

4 to 10 years

Computer software

 

 

34,972

 

 

 

33,576

 

 

5 to 10 years

Leasehold improvements

 

 

35,982

 

 

 

35,131

 

 

Lesser of lease term or useful life

Design fees and tooling costs

 

 

1,782

 

 

 

1,550

 

 

3 years

 

 

 

120,098

 

 

 

125,825

 

 

 

Less: Accumulated depreciation and
   amortization

 

 

(100,178

)

 

 

(106,389

)

 

 

Property, plant and equipment, net

 

$

19,920

 

 

$

19,436

 

 

 

 

Depreciation and amortization expense from operations related to property, plant and equipment for fiscal 2025, 2024 and 2023 was $7.2 million, $7.0 million and $7.4 million, respectively, which includes computer software amortization expense for fiscal 2025, 2024 and 2023 of $2.0 million, $2.0 million and $1.5 million, respectively.