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INVENTORIES
 12 Months Ended
Jan. 31, 2017
Inventory Disclosure [Abstract]  
INVENTORIES
NOTE B — INVENTORIES
Inventories consist of:
     
January 31,
  
     
2017
    
2016
  
     
(In thousands)
  
Finished goods
       $ 483,085         $ 484,805    
Raw materials and work-in-process
         184           506    
        $ 483,269         $ 485,311    
 
Inventory held on consignment by third parties totaled $2.8 million at January 31, 2017. No inventory was held on consignment at January 31, 2016. The Company retains the title to its inventory stored at third party facilities.