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Other Income, Net
3 Months Ended
Apr. 30, 2022
Other Income and Expenses [Abstract]  
Other Income, Net Other Income, Net
The components of other income, net, were as follows (dollars in thousands):
For the Three Months Ended
April 30, 2022May 1, 2021
Gain on sale of fixed assets$5,389 $2,852 
Discount fee expense(1,101)(489)
Miscellaneous income, net507 354 
Other income, net$4,795 $2,717 

We participate in a vendor payment program sponsored by one of our customers. Eligible accounts receivable from this customer are included in the program and payment is received pursuant to a non-recourse sale to a bank partner. This program effectively reduces the time to collect these receivables as compared to that customer’s standard payment terms. We incur a
discount fee to the bank on the payments received that is reflected as discount fee expense in the table above and is included as an expense component in other income, net, in the condensed consolidated statements of operations.