FAIR VALUE (Tables)

6 Months Ended

Jul. 31, 2018

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 July 31, 2018 are summarized below (amounts in thousands):

	Level 1		Level 2		Level 3		Fair Value
Investment in cooperative (2)	$	—	$	—	$	333	$	333
Total assets	$	—	$	—	$	333	$	333
Commodity futures (3)	$	—	$	152	$	—	$	152
Forward purchase contract liability (4)		—		1,724		—		1,724
Total liabilities	$	—	$	1,876	$	—	$	1,876

	Level 1		Level 2		Level 3		Fair Value
Forward purchase contracts asset (1)	$	—	$	72	$	—	$	72
Investment in cooperative (2)		—		—		333		333
Total assets	$	—	$	72	$	333	$	405
Commodity futures (3)	$	—	$	87	$	—	$	87
Forward purchase contract liability (4)		—		34		—		34
Total liabilities	$	—	$	121	$	—	$	121

(1) The forward purchase contract asset is 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) Commodity futures are included in “Accrued expenses and other current liabilities” on the accompanying Consolidated Condensed Balance Sheets.

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