Note 8 - Income Taxes (Tables)

12 Months Ended

Jan. 31, 2020

Notes Tables

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

Income from continuing operations before income taxes (in thousands)	2019		2018
Domestic	$	400	$	(2,331	)
Foreign		4,635		3,931
Total	$	5,035	$	1,600

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Components of income tax expense (in thousands)	2019			2018
Current
Federal	$	34		$	48
Foreign		1,455			1,695
State and other		181			196
Total current income tax expense		1,670			1,939
Deferred
Federal		—			—
Foreign		(211	)		211
State and other		—			—
Total deferred income tax expense/(benefit)		(211	)		211
Total income tax expense	$	1,459		$	2,150

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

(In thousands)	2019			2018
Tax expense at federal statutory rate	$	1,057		$	340
State expense, net of federal income tax effect		147			145
Deferred balance adjustment		(212	)		—
Domestic valuation allowance		(337	)		(2,612	)
Domestic return to provision		(172	)		2,617
Global Intangible Low Tax Income Inclusion		703			438
Permanent differences other		(5	)		126
Valuation allowance for state NOLs		(2	)		76
Differences in foreign tax rate		(79	)		334
Foreign rate change		(63	)		—
Deferred tax on unremitted earnings		183			413
Foreign withholding taxes		274			252
All other, net expense		(35	)		21
Total income tax expense	$	1,459		$	2,150

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Components of deferred income tax assets (in thousands)	2019			2018
U.S. Federal NOL carryforward	$	7,209		$	7,480
Deferred compensation		401			382
Research tax credit		2,686			2,703
Foreign NOL carryforward		223			390
Foreign tax credit		2,580			2,305
Stock compensation		429			459
Other accruals not yet deducted		328			349
State NOL carryforward		2,567			2,552
Accrued commissions and incentives		354			643
Inventory valuation allowance		75			112
Other		132			159
Deferred tax assets, gross		16,984			17,534
Valuation allowance		(15,937	)		(16,199	)
Total deferred tax assets, net of valuation allowances	$	1,047		$	1,335
Components of the deferred income tax liability
Depreciation	$	(1,275	)	$	(1,734	)
Foreign subsidiaries unremitted earnings		(470	)		(498	)
Prepaid		(61	)		(80	)
Total deferred tax liabilities	$	(1,806	)	$	(2,312	)
Deferred tax liability, net	$	(759	)	$	(977	)
Balance sheet classification
Long-term assets	$	293		$	458
Long-term liability		(1,052	)		(1,435	)
Total deferred tax liabilities, net of valuation allowances	$	(759	)	$	(977	)

Summary of Income Tax Contingencies [Table Text Block]

(In thousands)	2019			2018
Balance at beginning of the year	$	1,447		$	1,301
Increases in positions taken in a prior period		(26	)		9
Increases in positions taken in a current period		132			147
Decreases due to lapse of statute of limitations		(8	)		(10	)
Balance at end of the year	$	1,545		$	1,447