Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Jan. 31, 2021

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss)

NOTE 3 ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Other comprehensive income (loss) refers to revenue, expenses, gains, and losses that under GAAP are recorded as an element of shareholders' equity but are excluded from net income. The changes in the components of accumulated other comprehensive income (loss) (AOCI) are shown below:

	Cumulative foreign currency translation adjustment		Postretirement benefits		Total
Balance at January 31, 2019	$	(2,238)	$	(1,318)	$	(3,556)
Other comprehensive (loss) before reclassifications	(994)		—		(994)
Amounts reclassified from accumulated other comprehensive      (loss) after tax benefit of $251	—		(865)		(865)
Balance at January 31, 2020	(3,232)		(2,183)		(5,415)
Other comprehensive income before reclassifications	2,299		—		2,299
Amounts reclassified from accumulated other comprehensive      (loss) after tax benefit of $65	—		(225)		(225)
Balance at January 31, 2021	$	(933)	$	(2,408)	$	(3,341)

Postretirement benefit cost components are reclassified in their entirety from accumulated other comprehensive loss to net periodic benefit cost. Service cost is 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. The components of the net periodic benefit cost, other than the service cost component, are classified as a non-operating expense in "Other income (expense), net" on the Consolidated Statements of Income and Comprehensive Income.