Employee Postretirement Benefits

3 Months Ended

Apr. 30, 2014

Compensation and Retirement Disclosure [Abstract]

Employee Postretirement Benefits

EMPLOYEE POSTRETIREMENT BENEFITS

The Company provides postretirement medical and other benefits to senior executive officers and senior managers. These plan obligations are unfunded. The components of net periodic benefit cost for postretirement benefits are as follows:

	Three Months Ended
	April 30, 2014		April 30, 2013
Service cost	$	49	$	50
Interest cost	91		87
Amortization of actuarial losses	38		46
Net periodic benefit cost	$	178	$	183

Postretirement benefit cost components are reclassified in their entirety from accumulated other comprehensive loss to net periodic benefit cost.  Net periodic benefit costs are reported in net income as “Cost of sales” or “Selling, general and administrative expenses” in a manner consistent with the classification of direct labor and personnel costs of the eligible employees.