Acquisitions (Tables)

12 Months Ended

Jan. 31, 2023

Business Combinations [Abstract]

Summary of Purchase Price of Acquisition Allocated on Basis of Fair Value

The following table sets forth the final purchase price allocation of the Astro Machine acquisition for the estimated fair value of the net asset acquired and liabilities assumed as of the date of acquisition:

(In thousands)
Cash	$	91
Accounts Receivable		3,393
Inventory		5,715
Property, Plant and Equipment		4,200
Identifiable Intangible Assets		3,480
Goodwill		2,730
Accounts Payable and Other Current Liabilities		(2,484	)
Total Purchase Price	$	17,125

Summary of Fair Value of the Acquired Identifiable Intangible Assets and Related Estimated Useful Lives

The following table sets forth the fair value of the acquired identifiable intangible assets and related estimated useful lives:

(In thousands)	Fair Value		Useful Life (years)
Customer Relations	$	3,060		5
Trademarks/Tradenames		420		5
Total	$	3,480

Summary of Revenue and Earnings Before Taxes

The amounts of revenue and earnings before taxes included in our consolidated statement of income from the period August 4, 2022 (acquisition date) through January 31, 2023 are as follows:

(In thousands)	2023
Revenue	$	12,515
Earnings before Taxes		1,571

Summary of Acquired Identifiable Intangible Asset

The acquired identifiable intangible asset is as follows:

(In thousands)	Fair Value		Useful Life (Years)
Customer Contract Relationships	$	530		20