Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Jan. 31, 2022

Notes to Financial Statements

SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]

Perma-Pipe International Holdings, Inc. and Subsidiaries

VALUATION AND QUALIFYING ACCOUNTS

For the Years Ended  January 31, 2022 and 2021

(In thousands)	Balance at beginning of period		Charges to expenses			Write-offs (1)			Other charges (2)			Balance at end of period
Year Ended January 31, 2022
Valuation allowance for deferred tax assets	$	17,746	$	(717	)	$	-		$	(124	)	$	16,905
Allowance for possible losses in collection of trade receivables		474		32			-			(20	)		486
Year Ended January 31, 2021
Valuation allowance for deferred tax assets	$	15,937	$	1,854		$	-		$	(45	)	$	17,746
Allowance for possible losses in collection of trade receivables		407		72			(7	)		2			474

(1) Uncollectible accounts charged off.

(2) Trade receivable allowances primarily related to recoveries from accounts previously charged off and currency translation. Deferred tax asset valuation allowance primarily related to amounts charged to other comprehensive income.