INCOME TAXES (Tables)

12 Months Ended

Jan. 31, 2020

Income Tax Disclosure [Abstract]

Schedule of components of income tax expense (benefit)

	Years ended January 31,
Domestic and Foreign Pretax Income (Loss)	2020		2019
Domestic	$	466	$	(1,116	)
Foreign		5,287		4,597
Total	$	5,753	$	3,481

	Years ended January 31,
	2020		2019
Income Tax Expense
Current:
Federal	$	16	$	45
State and other taxes		38		20
Foreign		1,090		1,667
Total Current Tax Expense	$	1,144	$	1,732
Deferred:
Domestic	$	1,328	$	290
Total Income Taxes	$	2,472	$	2,022

Schedule of effective income tax rate reconciliation

	Years ended January 31,
	2020			2019
Statutory rate		21.00	%		21.00	%
State Income Taxes, Net of Federal Tax Benefit		4.47			6.89
Adjustment to Deferred		0.70			(0.92	)
Argentina Flow Through Loss		(0.24	)		1.37
GILTI		17.96			16.85
Permanent Differences		2.47			0.63
Valuation Allowance-Deferred Tax Asset		-----			(24.46	)
Foreign Tax Credit		-----			24.46
Foreign Rate Differential		(3.51	)		20.16
Rate Change		0.20			(5.63	)
Other		(0.08	)		(2.25	)
Effective Rate		42.97	%		58.09	%

Schedule of deferred tax assets and liabilities

	Years ended January 31,
	2020			2019
Deferred tax assets:
Inventories	$	672		$	849
US tax loss carryforwards, including work opportunity credit*		3,524			4,290
Accounts receivable and accrued rebates		247			233
Accrued compensation and other		179			314
India reserves - US deduction		45			46
Equity based compensation		171			299
Foreign tax credit carry-forward		1,348			1,348
State and local carry-forwards		990			1,116
Argentina timing difference		43			32
Depreciation and other		55			59
Amortization		(206	)		(193	)
Brazil write-down		220			222
Right-of-use asset		549			-----
Operating Lease Liability		(550	)		-----
Deferred tax asset		7,287			8,615
Less valuation allowance		(1,348	)		(1,348	)
Net deferred tax asset	$	5,939		$	7,267

*The federal net operating loss (“NOL”) generated from the 01/31/2015 tax year that is left after FY20 of approximately $16.0 million, will expire after 1/31/2035 and the NOL generated after 01/31/2018 will be carried forward indefinitely. 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. At 1/31/2020, the Company had NOLs totaling approximately $15.98 million.

The state NOLs with carry forward limitations will begin to expire after 1/31/2025 and will continue to expire at various periods up until 1/31/2039 when they will be fully expired. The states have a larger spread because some only carryforward for 10 years and some allow 20 years. The Georgia NOLs generated after 01/31/2018 can be carried forward indefinitely. At 1/31/2020, the Company had state NOLs totaling approximately $28.69 million.