FAIR VALUE (Tables)

3 Months Ended

Apr. 30, 2017

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

Financial assets and liabilities measured at fair value on a recurring basis at April 30, 2017 are summarized below (amounts in thousands):

	Level 1		Level 2		Level 3		Fair Value
Commodity futures (1)	$	—	$	66	$	—	$	66
Investment in cooperative (2)		—		—		333		333
Total assets	$	—	$	66	$	333	$	399
Forward purchase contract liability (3)	$	—	$	413	$	—	$	413

	Level 1		Level 2		Level 3		Fair Value
Commodity futures (1)	$	—	$	45	$	—	$	45
Forward purchase contract asset (4)		—		163		—		163
Investment in cooperative (2)		—		—		333		333
Total assets	$	—	$	208	$	333	$	541
Forward purchase contract liability (3)	$	—	$	136	$	—	$	136

(1) Commodity futures are included in “Prepaid expenses and other current assets” on the accompanying Consolidated Condensed Balance Sheets.

(2) The investment in cooperative is included in “Other assets” on the accompanying Consolidated Condensed Balance Sheets.

(3) The forward purchase contract liability is included in “Accrued expenses and other current liabilities” on the accompanying Consolidated Condensed Balance Sheets.

(4) The forward purchase contract asset is included in “Prepaid expenses and other current assets on the accompanying Consolidated Condensed Balance Sheets.