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INCOME TAXES (Tables)
12 Months Ended
Jan. 31, 2022
INCOME TAXES  
Schedule of components of company's income tax (expense) benefit

    

2022

    

2021

    

2020

Current:

Federal

$

(10,921)

$

6,654

$

77

State

 

(643)

 

(83)

 

336

 

(11,564)

 

6,571

 

413

Deferred:

Federal

 

341

 

(7,720)

 

6,825

State

 

(133)

 

75

 

(185)

 

208

 

(7,645)

 

6,640

Income tax (expense) benefit

$

(11,356)

$

(1,074)

$

7,053

Schedule of actual income tax expense amounts

2022

    

2021

    

2020

Computed expected income tax (expense) benefit

$

(9,883)

$

(5,226)

$

10,030

Difference resulting from:

State income taxes, net of federal tax effect

 

(614)

 

(7)

 

81

Excess executive compensation

(1,296)

(420)

(420)

Bad debt loss

(425)

160

6,205

Foreign tax rate differential

352

173

(722)

Net operating loss carryback benefit (see discussion below)

4,392

Elimination of net operating loss benefits

(7,239)

Goodwill impairment losses

(763)

Other permanent differences and adjustments, net

 

510

 

(146)

 

(119)

Income tax (expense) benefit

$

(11,356)

$

(1,074)

$

7,053

Schedule of tax effects of temporary differences that gave rise to deferred tax assets and liabilities

    

2022

    

2021

Assets:

Net operating loss carryforwards

$

14,360

$

14,192

Stock awards

2,325

2,549

Lease liabilities

772

775

Research and development credit carryforwards

269

102

Purchased intangibles

 

19

 

234

Accrued expenses and other

 

1,828

 

1,422

 

19,573

 

19,274

Liabilities:

Purchased intangibles

(3,533)

(3,513)

Property and equipment

 

(1,334)

 

(1,801)

Construction contracts

 

(1,034)

 

(968)

Right-of-use assets

(768)

(770)

Other

(43)

(176)

 

(6,712)

 

(7,228)

Valuation allowances

(12,404)

(11,797)

Deferred tax assets

$

457

$

249