SEGMENT REPORTING (Tables)

9 Months Ended

Oct. 31, 2023

SEGMENT REPORTING

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

Three Months Ended	Power		Industrial		Telecom
October 31, 2023	Services		Services		Services		Other		Totals
Revenues	$	121,300	$	38,434	$	4,021	$	—	$	163,755
Cost of revenues		107,781		33,899		2,840		—		144,520
Gross profit		13,519		4,535		1,181		—		19,235
Selling, general and administrative expenses		6,390		1,626		608		2,751		11,375
Income (loss) from operations		7,129		2,909		573		(2,751)		7,860
Other income, net		3,391		—		—		342		3,733
Income (loss) before income taxes	$	10,520	$	2,909	$	573	$	(2,409)		11,593
Income tax expense										6,129
Net income									$	5,464
Amortization of intangibles	$	—	$	98	$	—	$	—	$	98
Depreciation		137		249		102		1		489
Property, plant and equipment additions		583		497		31		1		1,112
Current assets	$	399,489	$	39,843	$	3,701	$	71,038	$	514,071
Current liabilities		244,662		25,839		1,801		1,592		273,894
Goodwill		18,476		9,467		90		—		28,033
Total assets		426,466		57,112		6,519		73,555		563,652

Three Months Ended	Power		Industrial		Telecom
October 31, 2022	Services		Services		Services		Other		Totals
Revenues	$	90,682	$	22,137	$	5,056	$	—	$	117,875
Cost of revenues		72,725		18,737		4,205		—		95,667
Gross profit		17,957		3,400		851		—		22,208
Selling, general and administrative expenses		6,745		1,823		796		3,303		12,667
Income (loss) from operations		11,212		1,577		55		(3,303)		9,541
Other income, net		592		—		—		176		768
Income (loss) before income taxes	$	11,804	$	1,577	$	55	$	(3,127)		10,309
Income tax expense										2,551
Net income									$	7,758
Amortization of intangibles	$	—	$	166	$	46	$	—	$	212
Depreciation		142		501		96		1		740
Property, plant and equipment additions		774		928		238		4		1,944
Current assets	$	237,575	$	31,355	$	4,076	$	91,959	$	364,965
Current liabilities		110,383		21,560		1,420		1,179		134,542
Goodwill		18,476		9,467		90		—		28,033
Total assets		261,994		48,766		7,434		92,709		410,903

Nine Months Ended	Power		Industrial		Telecom
October 31, 2023	Services		Services		Services		Other		Totals
Revenues	$	296,821	$	101,497	$	10,461	$	—	$	408,779
Cost of revenues		255,210		88,537		7,831		—		351,578
Gross profit		41,611		12,960		2,630		—		57,201
Selling, general and administrative expenses		17,700		4,532		2,038		8,197		32,467
Income (loss) from operations		23,911		8,428		592		(8,197)		24,734
Other income (loss), net		9,088		—		(3)		(1,863)		7,222
Income (loss) before income taxes	$	32,999	$	8,428	$	589	$	(10,060)		31,956
Income tax expense										11,616
Net income									$	20,340
Amortization of intangibles	$	—	$	294	$	—	$	—	$	294
Depreciation		393		813		315		3		1,524
Property, plant and equipment additions		1,120		973		49		1		2,143

Nine Months Ended	Power		Industrial		Telecom
October 31, 2022	Services		Services		Services		Other		Totals
Revenues	$	255,958	$	67,660	$	12,644	$	—	$	336,262
Cost of revenues		202,985		56,968		9,976		—		269,929
Gross profit		52,973		10,692		2,668		—		66,333
Selling, general and administrative expenses		18,418		5,267		2,369		8,172		34,226
Income (loss) from operations		34,555		5,425		299		(8,172)		32,107
Other income, net		1,613		—		1		254		1,868
Income (loss) before income taxes	$	36,168	$	5,425	$	300	$	(7,918)		33,975
Income tax expense										14,510
Net income									$	19,465
Amortization of intangibles	$	—	$	497	$	114	$	—	$	611
Depreciation		422		1,553		318		3		2,296
Property, plant and equipment additions		868		1,415		295		4		2,582