Discontinued operations (Notes)

3 Months Ended

Apr. 30, 2013

Discontinued operations

Discontinued Operations [Text Block]

Discontinued operations. On April 30, 2013, the Company sold most of the domestic assets of its subsidiary Thermal Care, Inc. to a subsidiary of IPEG, Inc for $15 million cash and $1.1 million, which is held in escrow until May 1, 2014. This business is reported as discontinued operations in the consolidated financial statements and the notes to consolidated financial statements have been restated to conform to the current year reporting of this business. The January 31, 2013 statement of financial position has been revised to reflect the separate amounts for assets and liabilities that were sold. Results of the discontinued operations for the three months ended April 30,2013 and 2012 were as follows:

	Three Months Ended April 30,
	2013		2012
Sales		$7,449		$8,229
Gain on disposal of discontinued operations		$11,401		$—
Income from discontinued operations	74		578
Income from discontinued operations before income taxes	11,475		578
Income tax expense	2,356		37
Income from discontinued operations		$9,119		$541