Income Taxes

3 Months Ended

Apr. 30, 2013

Income Tax Disclosure [Text Block]

Note 12. Income Taxes

The effective tax rate on consolidated pre-tax income from continuing operations was 35.4% for the three months ended April 30, 2013, and 28.9% for the three months ended April 30, 2012. The fluctuations in the effective tax rate primarily relate to the presentation of noncontrolling interests in the income of consolidated subsidiaries as noncontrolling interests are presented in the Consolidated Condensed Statements of Operations after the income tax provision or benefit. Net income attributable to noncontrolling interests was a higher percentage of income from continuing operations before income taxes in the first quarter of fiscal year 2012 compared to the first quarter of fiscal year 2013.

The Company files a U.S. federal income tax return and income tax returns in various states. In general, the Company is no longer subject to U.S. federal, state or local income tax examinations by tax authorities for years ended January 31, 2009 and prior. A reconciliation of the beginning and ending amount of unrecognized tax benefits, including interest and penalties, is as follows (amounts in thousands):

Unrecognized tax benefits, January 31, 2013	$	2,157
Changes for prior years’ tax positions		16
Changes for current year tax positions		—
Unrecognized tax benefits, April 30, 2013	$	2,173