Assets Held for Sale (Notes)

12 Months Ended

Jan. 31, 2018

Long Lived Assets Held-for-sale [Line Items]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 3 ASSETS HELD FOR SALE

Aerostar

The Company continually analyzes its product and service offerings to ensure we serve market segments with attractive near- and long-term growth prospects that are consistent with our core capabilities. Through this continued evaluation, the Company's Aerostar segment finalized a plan ("the Plan") to actively market the sale of its client private and radar product lines, each of which it has determined constitutes a business. During the second quarter of fiscal 2018 the Company determined that it was probable that these product lines would be sold within one year.

During the fourth quarter, Aerostar modified the plan and no longer marketed the sale of its radar product line. A buyer was identified and the sale of the client private business was completed subsequent to the end of fiscal 2018. As such, and as of January 31, 2018, the radar product line is not considered held for sale.

The Company has identified specific assets and liabilities that have been sold, including an allocation of goodwill based on the relative fair value of the business. The Company has determined that the final selling price will be in excess of the net book value. As such there is no impact to the Consolidated Statement of Income for the twelve-month period ended January 31, 2018.

Under the Plan, Aerostar will remain focused on serving the aerospace/defense market with its stratospheric balloon and radar product lines.

The amounts of assets and liabilities classified as held for sale were as follows:

	As of January 31
	2018
Assets held for sale
Property, plant and equipment, net	63
Goodwill	103
Amortizable intangible assets, net	329
Other assets	17
Total assets held for sale	$	512
Liabilities held for sale
Current liabilities	$	91
Total liabilities held for sale	$	91

There were no assets held for sale as of January 31, 2017.