INCOME TAXES (Tables)

12 Months Ended

Jan. 31, 2018

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The provision for income taxes is based on the following pretax income (loss):

Domestic and Foreign Pretax Income (Loss)	FY18		FY17		FY16
Domestic	$	7,480	$	1,833	$	6,140
Foreign		863		4,439		(572)

Total	$	8,343	$	6,272	$	5,568

Income Tax Expense (Benefit)	FY18		FY17		FY16

Current:
Federal	$	600	$	(49)	$	225
State and other taxes		20		29		(41)
Foreign		1,325		1,577		1,554

Deferred:
Domestic	$	5,955	$	823	$	157
Valuation allowance-deferred tax asset		3		—		(181)
Foreign		—		—		—
Total	$	7,903	$	2,380	$	1,714

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The following is a reconciliation of the effective income tax rate to the Federal statutory rate:

	2018			2017			2016
Statutory rate		33.81	%		34.00	%		34.00	%
State Income Taxes, Net of Federal Tax Benefit		2.27			0.59			1.77
Adjustment to Deferred		—			—			8.86
Foreign Dividend and Subpart F Income		(17.19)			2.15			10.93
Transition Tax (net of FTC from Transition Tax)		26.53			—			—
Argentina Flow Through Loss		0.38			(0.38)			(1.76)
Brazil Worthless Stock Deduction		—			—			(14.21)
Permanent Differences		(1.32)			0.46			(8.78)
Valuation Allowance-Deferred Tax Asset		0.34			—			(3.26)
Rate Change		47.17			—			—
Other		2.74			1.12			3.22
Effective Rate		94.73	%		37.94	%		30.77	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The tax effects of temporary differences which give rise to deferred tax assets at January 31, 2018 and 2017 are summarized as follows:

	2018		2017		2016
Deferred tax assets:
Inventories	$	866	$	1,122	$	1,267
US tax loss carryforwards, including work opportunity credit*		4,411		8,613		9,336
Accounts receivable and accrued rebates		242		266		238
Accrued compensation and other		190		109		266
India reserves - US deduction		19		75		75
Equity based compensation		126		286		202
Foreign tax credit carry-forward		2,199		3,698		3,388
State and local carry-forwards		1,017		791		900
Argentina timing difference		37		51		116
Depreciation and other		90		80		103
Amortization		(174)		(240)		(218)
Brazil write-down		181		—		—
Allowance for Note Receivable - Brazil		552		834		835
Deferred tax asset		9,756		15,685		16,508
Less valuation allowance		2,199		2,170		2,170
Net deferred tax asset - USA	$	7,557	$	13,515	$	14,338

*The federal net operating loss (“NOL”) that is left after FY18 will expire after 1/31/2034 (20 years from the generated date of 1/31/2014). The credits will begin to expire after 1/31/2020 (10 years from the 1st carryover year generated date of 1/31/2010) and will fully expire after 1/31/2028.