Employee Postretirement Benefits

9 Months Ended

Oct. 31, 2017

Retirement Benefits [Abstract]

Employee Postretirement Benefits

EMPLOYEE POSTRETIREMENT BENEFITS

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

	Three Months Ended						Nine Months Ended
	October 31, 2017			October 31, 2016			October 31, 2017			October 31, 2016
Service cost	$	21		$	20		$	64		$	60
Interest cost	83			83			247			249
Amortization of actuarial losses	30			36			90			110
Amortization of unrecognized gains in prior service cost	(40		)	(40		)	(120		)	(120		)
Net periodic benefit cost	$	94		$	99		$	281		$	299

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.