Nature of Operations, Segment Reporting and Geographical Information (Tables)

12 Months Ended

Jan. 31, 2023

Segment Reporting [Abstract]

Net Sales and Segment Operating Profit (loss) for Each Reporting Segment

Summarized below are the revenue and segment operating profit (loss) (both in dollars and as a percentage of revenue) for each reporting segment:

($ in thousands)	Revenue						Segment Operating Profit (Loss)								Segment Operating Profit (Loss) as a % of Revenue
	2023		2022		2021		2023			2022		2021			2023			2022			2021
Product Identification	$	103,089	$	90,915	$	90,268	$	7,889		$	10,411	$	12,885			7.7	%		11.5	%		14.3	%
T&M		39,438		26,565		25,765		8,989			3,398		(1,032	)		22.8	%		12.8	%		(4.0	)%
Total	$	142,527	$	117,480	$	116,033		16,878			13,809		11,853			11.8	%		11.8	%		10.2	%
Corporate Expenses								11,435			9,553		9,420
Operating Income								5,443			4,256		2,433
Other Income (Expense), Net								(2,033	)		2,778		(254	)
Income Before Income Taxes								3,410			7,034		2,179
Income Tax Provision								749			605		895
Net Income							$	2,661		$	6,429	$	1,284

Summary of Other Information by Segment

Other information by segment is presented below:

(In thousands)	Assets
	January 31,
	2023		2022
Product Identification	$	69,607	$	51,732
T&M		60,730		50,374
Corporate*		8,870		12,849
Total	$	139,207	$	114,955

* Corporate assets consist principally of cash, cash equivalents, deferred tax assets and refunds, and certain prepaid corporate assets.

(In thousands)	Depreciation and Amortization						Capital Expenditures
	2023		2022		2021		2023		2022		2021
Product Identification	$	2,219	$	1,157	$	1,835	$	121	$	847	$	1,563
T&M		1,697		2,837		4,148		108		949		1,024
Total	$	3,916	$	3,994	$	5,983	$	229	$	1,796	$	2,587

Summary of Selected Financial Information by Geographic Area

Presented below is selected financial information by geographic area:

							Long-Lived Assets*
(In thousands)	Revenue						January 31,
	2023		2022		2021		2023		2022
United States	$	91,917	$	68,185	$	70,911	$	34,277	$	29,131
Europe		31,021		31,922		29,029		1,230		1,486
Canada		8,393		6,519		5,574		4		9
Asia		5,345		5,926		5,105		9		15
Central and South America		4,589		3,271		3,950		—		—
Other		1,262		1,657		1,464		—		—
Total	$	142,527	$	117,480	$	116,033	$	35,520	$	30,641

* Long-lived assets exclude goodwill assigned to the T&M segment of $4.5 million at both January 31, 2023 and 2022 and $10.1 million and $7.6 million assigned to the PI segment at January 31, 2023 and 2022, respectively.