INCOME TAXES (Tables)

12 Months Ended

Jan. 31, 2023

INCOME TAXES [Abstract]

Schedule of components of income tax provision

	Year Ended January 31,
	2023		2022		2021
	(In thousands)
Current
Federal	$	27,982	$	39,283	$	(15,828)
State and city		8,278		4,484		(491)
Foreign		14,647		5,991		3,803
		50,907		49,758		(12,516)
Deferred
Federal		(50,764)		17,090		22,770
State and city		(4,457)		2,116		3,364
Foreign		526		1,911		(1,415)
		(54,695)		21,117		24,719
Income tax expense (benefit)	$	(3,788)	$	70,875	$	12,203
Income (loss) before income taxes
United States	$	(106,086)	$	234,034	$	37,727
Non-United States		(32,084)		36,942		(2,001)
	$	(138,170)	$	270,976	$	35,726

Schedule of significant components of net deferred tax assets

	2023		2022
	(In thousands)
Deferred income tax assets:
Compensation	$	879	$	1,807
Inventory		12,197		7,918
Provision for bad debts and sales allowances		15,237		15,972
Supplemental employee retirement plan		688		710
Net operating loss		33,749		10,949
Operating lease liability		56,519		32,721
Foreign tax credit carryforward		3,865		2,805
Section 174 R&D amortization		478		—
Other		—		782
Gross deferred income tax assets		123,612		73,664
Less: valuation allowance		(33,087)		(14,481)
Net deferred income tax assets		90,525		59,183
Deferred income tax liabilities:
Depreciation and amortization		(6,268)		(56,901)
Intangibles		(48,760)		(9,576)
Operating lease asset		(50,995)		(27,272)
Accrued expenses		(57)		(59)
Prepaid expenses and other		(2,279)		(1,826)
Other		(560)		—
Total deferred income tax liabilities		(108,919)		(95,634)
Net deferred tax liabilities	$	(18,394)	$	(36,451)

Schedule of reconciliation of statutory federal income tax rate to effective rate reported in financial statements

	2023		2022		2021
Provision for Federal income taxes at the statutory rate	21.0	%	21.0	%	21.0	%
State and local income taxes, net of Federal tax benefit	(2.1)		2.0		(0.6)
Permanent differences	(2.1)		2.8		6.6
U.S. tax on foreign earnings(1)	(6.0)		1.5		6.2
Foreign tax rate differential	1.2		—		(0.3)
Share-based payments	(0.1)		—		12.5
Foreign tax credit	7.9		(3.4)		(7.3)
Valuation allowance	(3.1)		0.8		13.7
Net operating loss carryback	—		—		(18.6)
Goodwill Impairment	(17.3)		—		—
Non-taxable capital gain	5.1		—		—
Other, net	(1.8)		1.5		1.0
Actual provision for income taxes	2.7	%	26.2	%	34.2	%

Schedule of reconciliation of the beginning and ending amounts of gross unrecognized tax benefits (excluding interest and penalties)

	2023		2022		2021
	(In thousands)
Balance at February 1,	$	2,442	$	2,293	$	2,111
Additions based on tax positions related to the current year		245		—		—
Additions for tax positions of prior years		895		595		182
Lapses of statues of limitations		—		(446)		—
Balance at January 31,	$	3,582	$	2,442	$	2,293