Summary of Business and Significant Accounting Policies (Tables)

12 Months Ended

Jan. 31, 2020

Accounting Policies [Abstract]

Schedule of Inventory, Net

The following table presents an updated breakdown of the Company’s net inventory (in thousands) as of January 31:

	2020		2019
Finished goods	$	15,401	$	15,908
Work In Process	15,957		18,820
Raw materials	11,971		12,561
Inventories, net	$	43,329	$	47,289

Depreciation and amortization computed on the straight-line method for financial reporting purposes based upon estimated useful lives

Property, plant and equipment are stated at cost, less accumulated depreciation. Depreciation and amortization are computed on the straight-line method for financial reporting purposes based upon the following estimated useful lives:

Land improvements	5 to 25 years
Buildings and building improvements	5 to 40 years
Machinery and equipment	3 to 10 years
Leasehold improvements	shorter of lease or useful life

Asset retirement obligations related to leased manufacturing facilities

	January 31,
	2020		2019
Balance at beginning of period	$	179,000	$	170,000
Decrease in obligation	—		—
Accretion expense	7,000		9,000
Balance at end of period	$	186,000	$	179,000

Computation of basic and diluted loss per share

	January 31,
	2020		2019
	(In thousands, except per share)
Numerator
Net income (loss)	$	2,382	$	(1,614	)
Denominator
Weighted-average shares — basic	15,590		15,421
Dilutive effect of common stock equivalents from equity incentive plans	104		—
Weighted-average shares — diluted (a)	$	15,694	$	15,421
Net income (loss) per common share
Basic	$	0.15	$	(0.10	)
Diluted	0.15		(0.10		)

(a) For fiscal year 2019, approximately 149,000 shares of common stock equivalents were excluded in the computation of diluted net income per share, as the effect would be anti-dilutive since the Company reported a net loss.

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table summarizes the changes in accumulated balances of other comprehensive (loss) income for the years

ended January 31, 2020 and 2019:

	January 31,
(in thousands)	2020			2019
Balance as of beginning of year	$	(9,042	)	$	(9,259	)
Other comprehensive (loss) income before reclassifications	(6,045		)	(1,116		)
Amounts reclassified from AOCI	776			1,333
Net current period other comprehensive income	(5,269		)	217
Balance as of end of year	$	(14,311	)	$	(9,042	)

The reclassifications out of accumulated other comprehensive (loss) income of $776,000 and $1,333,000 for the years ended January 31, 2020 and 2019, respectively, related to amortization of actuarial losses and settlements.