Note 8 - Retirement Plans (Tables)

12 Months Ended

Jan. 31, 2021

Notes Tables

Schedule of Allocation of Plan Assets [Table Text Block]

(In thousands)	2020		2019
Level 1 market value of plan assets
Equity securities	$	4,112	$	3,139
U.S. bond market		1,716		2,134
Real estate securities		198		369
Subtotal		6,026		5,642
Level 2 significant other observable inputs
Money market fund	$	139	$	169
Subtotal		139		169
Investments measured at net asset value*	$	851	$	739
Total	$	7,016	$	6,550

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

Reconciliation of benefit obligations, plan assets and funded status of plan (in thousands)	2020			2019
Accumulated benefit obligations
Vested benefits	$	7,090		$	6,959
Accumulated benefits	$	7,090		$	6,959
Change in benefit obligation
Benefit obligation - beginning of year	$	6,959		$	6,258
Interest cost		190			237
Actuarial loss		256			788
Benefits paid		(315	)		(324	)
Benefit obligation - end of year	$	7,090		$	6,959
Change in plan assets
Fair value of plan assets - beginning of year	$	6,550		$	6,179
Actual gain on plan assets		781			695
Benefits paid		(315	)		(324	)
Fair value of plan assets - end of year	$	7,016		$	6,550
Unfunded status	$	(74	)	$	(409	)
Balance sheet classification
Prepaid expenses and other current assets	$	332		$	325
Other assets		1,828			1,679
Deferred compensation liabilities		(2,234	)		(2,413	)
Net amount recognized	$	(74	)	$	(409	)
Amounts recognized in accumulated other comprehensive loss
Unrecognized actuarial loss	$	1,902		$	2,087
Net amount recognized	$	1,902		$	2,087

Defined Benefit Plan, Assumptions [Table Text Block]

Weighted-average assumptions used to determine net cost and benefit obligations	2020			2019
End of year benefit obligation discount rate		2.50	%		2.80	%
End of year net periodic benefit cost discount rate		2.80	%		3.90	%
Expected return on plan assets		7.50	%		7.50	%

Schedule of Net Benefit Costs [Table Text Block]

Components of net periodic benefit cost (in thousands)	2020			2019
Interest cost	$	190		$	237
Expected return on plan assets		(479	)		(450	)
Recognized actuarial loss		139			102
Net periodic benefit income	$	(150	)	$	(111	)
Amounts recognized in other comprehensive income (in thousands)
Actuarial loss on obligation	$	(256	)	$	(787	)
Actual gain on plan assets		302			246
Amounts recognized in current year		139			102
Total in other comprehensive income	$	185		$	(439	)

Schedule of Expected Benefit Payments [Table Text Block]

Cash flows (in thousands)
Expected employer contributions for the fiscal year ending January 31, 2022	$	—
Expected employee contributions for the fiscal year ending January 31, 2022		—
Estimated future plan benefit payments reflecting expected future service for the fiscal year(s) ending January 31,:
2022	$	332
2023		332
2024		327
2025		328
2026		327
2027 - 2031		1,637

Multiemployer Plan [Table Text Block]

			Funded Zone Status					Collective Bargaining Expiration Date
				FIP/RP Status	2020	2019	Surcharge
Plan Name	EIN	Plan #		Pending/Implemented	Contribution	Contribution	Imposed
Plumbers & Pipefitters Local 572 Pension Fund	626102837	001	Green	No	$206	$239	No	3/31/2022