INCOME TAXES (Tables)

12 Months Ended

Jan. 31, 2024

INCOME TAXES [Abstract]

Schedule of components of income tax provision

	Year Ended January 31,
	2024		2023		2022
	(In thousands)
Current
Federal	$	42,376	$	27,982	$	39,283
State and city		9,768		8,278		4,484
Foreign		9,971		14,647		5,991
		62,115		50,907		49,758
Deferred
Federal		6,469		(50,764)		17,090
State and city		878		(4,457)		2,116
Foreign		(3,603)		526		1,911
		3,744		(54,695)		21,117
Income tax expense (benefit)	$	65,859	$	(3,788)	$	70,875
Income (loss) before income taxes
United States	$	218,528	$	(106,086)	$	234,034
Non-United States		22,071		(32,084)		36,942
	$	240,599	$	(138,170)	$	270,976

Schedule of significant components of net deferred tax assets

	2024		2023
	(In thousands)
Deferred income tax assets:
Compensation	$	3,444	$	879
Inventory		13,756		12,197
Provision for bad debts and sales allowances		11,918		15,237
Supplemental employee retirement plan		792		688
Net operating loss		40,183		33,749
Operating lease liability		52,341		56,519
Foreign tax credit carryforward		5,594		3,865
Section 174 R&D amortization		1,016		478
Other		4,919		—
Gross deferred income tax assets		133,963		123,612
Less: valuation allowance		(39,140)		(33,087)
Net deferred income tax assets		94,823		90,525
Deferred income tax liabilities:
Depreciation and amortization		(15,821)		(6,268)
Intangibles		(51,071)		(48,760)
Operating lease asset		(46,546)		(50,995)
Accrued expenses		—		(57)
Prepaid expenses and other		(2,149)		(2,279)
Other		(2,724)		(560)
Total deferred income tax liabilities		(118,311)		(108,919)
Net deferred income tax liabilities	$	(23,488)	$	(18,394)

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

	2024		2023		2022
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	3.7		(2.1)		2.0
Permanent differences	2.8		(2.1)		2.8
U.S. tax on foreign earnings	1.8		(6.0)		1.5
Foreign tax rate differential	1.0		1.2		—
Foreign tax credit	(2.9)		7.9		(3.4)
Valuation allowance	0.4		(3.1)		0.8
Goodwill impairment	—		(17.3)		—
Non-taxable capital gain	—		5.1		—
Other, net(1)	(0.4)		(1.9)		1.5
Actual provision for income taxes	27.4	%	2.7	%	26.2	%

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

	2024		2023		2022
	(In thousands)
Balance at February 1,	$	3,582	$	2,442	$	2,293
Additions based on tax positions related to the current year		57		245		—
Additions for tax positions of prior years		1,015		895		595
Reductions for tax positions of prior years		(413)		—		—
Lapses of statutes of limitations		—		—		(446)
Balance at January 31,	$	4,241	$	3,582	$	2,442