FAIR VALUE (Tables)

9 Months Ended

Oct. 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 October 31, 2018 are summarized below (amounts in thousands):

	Level 1		Level 2		Level 3		Fair Value
Investment in cooperative (2)	$	—	$	—	$	333	$	333
Commodity futures and options (5)		—		72		—		72
Total assets	$	—	$	72	$	333	$	405
Commodity futures (3)	$	—	$	—	$	—	$	—
Forward purchase contract liability (4)		—		528		—		528
Total liabilities	$	—	$	528	$	—	$	528

	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.

(5) The commodity futures and options asset is included in “Prepaid expenses and other current assets”.