INCOME TAXES

3 Months Ended

Apr. 30, 2017

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

Note 12.  Income Taxes

The effective tax rate on consolidated pre-tax income was 29.9% for the three months ended April 30, 2017, and 30.4% for the three months ended April 30, 2016.

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, 2010 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, 2017	$	2,096
Changes for prior years’ tax positions		147
Changes for current year tax positions		—
Unrecognized tax benefits, April 30, 2017	$	2,243