Discontinued operations (Notes)

3 Months Ended

Apr. 30, 2017

Discontinued operations

Discontinued Operations [Text Block]

Discontinued operations. The domestic fabric filter business, which was included in discontinued operations, was operational and selling product as of April 30, 2016. The Filtration business segment is reported as discontinued operations in the consolidated financial statements and the notes to consolidated financial statements have been revised to conform to the current year reporting. There was $16 thousand of tax benefit for the three months ended April 30, 2016. Loss from discontinued operations net of tax for the three months ended April 30, 2016 was as follows:

	Three Months Ended April 30,
	2017		2016
Net sales from discontinued operations		$—		$7,191
Gain on disposal of discontinued operations		$—		$867
Loss from discontinued operations		$—		($1,083	)
Loss from discontinued operations before income taxes	—		(216		)
Income tax benefit	—		(16		)
Loss from discontinued operations, net of tax		$—		($200	)

Components of assets and liabilities from discontinued operations consist of the following:

	April 30, 2017		January 31, 2017
Current assets
Trade accounts receivable, net		$—		$25
Total assets from discontinued operations		$—		$25
Current liabilities
Trade accounts payable, accrued expenses and other		$201		$199
Total liabilities from discontinued operations		$201		$199

Cash flows from discontinued operations:

	Three Months Ended April 30,
	2017		2016
Net cash provided by (used in) discontinued operating activities		$25		($1,408	)
Net cash used in discontinued investing activities	—		(1		)
Net cash provided by discontinued financing activities	—		858