Fair Value (Tables)

6 Months Ended

Jul. 31, 2023

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, 2023 are summarized below (amounts in thousands):

	Level 1		Level 2		Level 3		Fair Value
Commodity futures asset (1)	$	-	$	5,673	$	-	$	5,673
Forward purchase contracts liability (2)	$	-	$	10,707	$	-	$	10,707

Financial assets and liabilities measured at fair value on a recurring basis at January 31, 2023 are summarized below (amounts in thousands):

	Level 1		Level 2		Level 3		Fair Value
Forward purchase contracts asset (1)	$	-	$	105	$	-	$	105
Commodity futures asset (1)		-		80		-		80
Total assets	$	-	$	185	$	-	$	185
Forward purchase contracts liability (2)	$	-	$	355	$	-	$	355
Commodity futures liability (2)		-		67		-		67
Total liabilities	$	-	$	422	$	-	$	422

(1) The forward purchase contracts and commodity futures assets are included in “Prepaid expenses and other” on the accompanying Consolidated Balance Sheets.

(2) The commodity futures and forward purchase contracts liabilities are included in “Accrued expenses and other current liabilities” on the accompanying Consolidated Balance Sheets.