XML 67 R52.htm IDEA: XBRL DOCUMENT v3.8.0.1
INCOME TAXES (Details 2) - USD ($)
$ in Thousands
Jan. 31, 2018
Jan. 31, 2017
Jan. 31, 2016
Deferred tax assets:      
Inventories $ 866 $ 1,122 $ 1,267
US tax loss carryforwards, including work opportunity credit [1] 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 0 0
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
[1] 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.