SEGMENT REPORTING (Tables)

12 Months Ended

Jan. 31, 2020

SEGMENT REPORTING

Schedule of operating results and certain financial position data of the Company's reportable business segments

Summarized below are certain operating results and financial position data of the Company’s reportable business segments for Fiscal 2020, 2019 and 2018. The “Other” column in each summary includes the Company’s corporate expenses. 

Year Ended January 31, 2020
	Power		Industrial		Telecom
	Services		Services		Services		Other		Totals
Revenues	$	135,729	$	94,682	$	8,586	$	—	$	238,997
Cost of revenues		152,854		85,859		7,104		—		245,817
Gross (loss) profit		(17,125)		8,823		1,482		—		(6,820)
Selling, general and administrative expenses		26,835		7,810		2,135		7,345		44,125
Impairment losses		2,072		2,823		—		—		4,895
Loss from operations		(46,032)		(1,810)		(653)		(7,345)		(55,840)
Other income, net		7,535		—		—		540		8,075
Loss before income taxes	$	(38,497)	$	(1,810)	$	(653)	$	(6,805)		(47,765)
Income tax benefit										7,053
Net loss									$	(40,712)
Depreciation	$	694	$	2,418	$	396	$	5	$	3,513
Amortization of intangibles		291		664		181		—		1,136
Property, plant and equipment additions		5,069		1,638		340		11		7,058
Current assets	$	320,257	$	21,766	$	2,938	$	76,794	$	421,755
Current liabilities		135,518		6,441		796		1,279		144,034
Goodwill		18,476		9,467		—		—		27,943
Total assets		352,034		46,321		4,549		84,636		487,540

Year Ended January 31, 2019
	Power		Industrial		Telecom
	Services		Services		Services		Other		Totals
Revenues	$	367,812	$	101,673	$	12,668	$	—	$	482,153
Cost of revenues		297,931		92,097		9,687		—		399,715
Gross profit		69,881		9,576		2,981		—		82,438
Selling, general and administrative expenses		23,741		7,904		1,788		7,277		40,710
Impairment loss		—		1,491		—		—		1,491
Income (loss) from operations		46,140		181		1,193		(7,277)		40,237
Other income, net		5,120		1,400		—		461		6,981
Income (loss) before income taxes	$	51,260	$	1,581	$	1,193	$	(6,816)		47,218
Income tax benefit										4,651
Net income									$	51,869
Depreciation	$	749	$	2,293	$	366	$	14	$	3,422
Amortization of intangibles		350		662		—		—		1,012
Property, plant and equipment additions		3,156		4,750		690		3		8,599
Current assets	$	317,708	$	28,878	$	3,691	$	66,071	$	416,348
Current liabilities		66,085		13,384		879		968		81,316
Goodwill		20,548		12,290		—		—		32,838
Total assets		347,189		57,168		5,272		67,019		476,648

Year Ended January 31, 2018
	Power		Industrial		Telecom
	Services		Services		Services		Other		Totals
Revenues	$	814,544	$	65,303	$	12,968	$	—	$	892,815
Cost of revenues		675,362		58,283		9,845		—		743,490
Gross profit		139,182		7,020		3,123		—		149,325
Selling, general and administrative expenses		23,356		7,401		1,395		9,612		41,764
Impairment loss		—		584		—		—		584
Income (loss) from operations		115,826		(965)		1,728		(9,612)		106,977
Other income, net		5,391		—		—		257		5,648
Income (loss) before income taxes	$	121,217	$	(965)	$	1,728	$	(9,355)		112,625
Income tax expense										(40,279)
Net income									$	72,346
Depreciation	$	885	$	1,607	$	274	$	13	$	2,779
Amortization of intangibles		350		682		—		—		1,032
Property, plant and equipment additions		1,362		2,837		625		2		4,826
Goodwill	$	20,548	$	13,781	$	—	$	—	$	34,329
Total assets		432,932		44,849		4,873		60,015		542,669