SEGMENT REPORTING (Tables)

12 Months Ended

Jan. 31, 2025

SEGMENT REPORTING

Schedule of Domestic and international sales from continuing operations

	2025		2024
Domestic	$	60.4	$	55.3
International		106.8		69.4
Total	$	167.2	$	124.7

Schedule of segment information

	Year Ended January 31,
	2025			2024
	(in millions of dollars)
Net Sales
US Operations (including Corporate)	$	66.7		$	60.9
Europe		42.9			16.4
Mexico		7.6			6.7
Asia		53.8			46.2
Canada		10.3			9.3
Latin America		21.3			16.3
Other foreign		18.3			14.0
Less intersegment sales		(53.7	)		(45.1	)
Consolidated sales	$	167.2		$	124.7
External Sales
USA Operations (including Corporate)	$	60		$	55.3
Europe		42.1			16.3
Mexico		5.0			4.0
Asia		13.9			13.8
Canada		10.3			9.3
Latin America		21.2			16.1
Other foreign		14.3			9.9
Consolidated external sales	$	167.2		$	124.7
Intersegment Sales
USA Operations (including Corporate)	$	6.3		$	5.6
Europe (UK)		0.8			0.1
Mexico		2.6			2.7
Asia		39.9			32.4
Canada		-			-
Latin America		0.1			0.2
Other foreign		4.0			4.1
Consolidated intersegment sales	$	53.7		$	45.1

	Year Ended January 31,
	2025			2024
	(in millions of dollars)
Cost of Goods Sold:
USA Operations (including Corporate)	$	41.6		$	40.9
Europe		32.5			11.5
Mexico		7.1			6.5
Asia		41.7			36.7
Canada		6.2			4.9
Latin America		11.4			8.1
Other foreign		10.9			9.1
Less intersegment cost of goods sold		(52.9	)		(44.2	)
Consolidated cost of goods sold	$	98.5		$	73.5
Gross Profit (Loss);
USA Operations (including Corporate)	$	25.0		$	20.0
Europe		10.4			4.9
Mexico		0.6			0.2
Asia		12.1			9.5
Canada		4.1			4.4
Latin America		9.8			8.2
Other foreign		7.4			4.9
Less intersegment (profit) loss		(0.7	)		(0.9	)
Consolidated gross profit	$	68.7		$	51.2
Operating Expenses:
USA Operations (including Corporate)	$	33.4		$	23.9
Europe		12.0			4.3
Mexico		2.1			2.3
Asia		5.6			4.7
Canada		4.2			2.9
Latin America		5.4			5.4
Other foreign		6.1			2.9
Less intersegment (profit) loss		(1.4	)		(1.2	)
Consolidated operating expenses	$	67.4		$	45.2
Goodwill Impairment:
Europe	$	7.5		$	-
Other foreign		3.0			-
Goodwill impairment	$	10.5		$	-
Operating (Loss) Profit:
USA Operations (including Corporate)	$	(8.0	)	$	(3.5	)
Europe		(9.6	)		0.1
Mexico		(1.5	)		(2.1	)
Asia		6.5			4.9
Canada		(0.2	)		1.5
Latin America		4.5			2.8
Other foreign		(1.7	)		2.0
Less intersegment (profit) loss		(0.7	)		0.3
Operating (loss) profit	$	(9.3)		$	6.0

	As of January 31,
	2025			2024
	(in millions of dollars)
Total Assets:
USA Operations (including Corporate)	$	167.4		$	92.2
Europe		60.3			30.0
Mexico		13.7			12.1
Asia		48.0			51.6
Canada		6.4			8.5
Latin America		21.7			15.0
Other foreign		18.3			20.3
Less intersegment		(123.3	)		(76.0	)
Consolidated assets	$	212.5		$	153.7
Total Assets Less Intersegment:
USA Operations (including Corporate)	$	85.6		$	47.1
Europe		55.3			27.2
Mexico		11.2			10.2
Asia		21.3			29.0
Canada		4.6			8.3
Latin America		18.0			12.3
Other foreign		16.5			19.6
Consolidated assets	$	212.5		$	153.7

Total Goodwill and Intangible Assets
USA Operations (including Corporate)	$	17.1	$	0.9
Europe		22.7		14.7
Other foreign		1.9		4.9
Consolidated goodwill and intangible assets	$	41.7	$	20.5