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SEGMENT REPORTING (Tables)
12 Months Ended
Jan. 31, 2021
SEGMENT REPORTING  
Schedule of operating results and certain financial position data of the Company's reportable business segments

Summarized below are certain operating results and financial position data of the Company’s reportable business segments for Fiscal 2021, Fiscal 2020 and Fiscal 2019. The “Other” column in each summary includes the Company’s corporate expenses.

Year Ended

Power

Industrial

Telecom

January 31, 2021

    

Services

    

Services

    

Services

    

Other

    

Totals

Revenues

$

319,353

$

65,263

$

7,590

$

$

392,206

Cost of revenues

 

266,993

 

57,257

 

5,889

 

 

330,139

Gross profit

 

52,360

 

8,006

 

1,701

 

 

62,067

Selling, general and administrative expenses

 

21,795

7,358

1,987

7,901

39,041

Income (loss) from operations

30,565

648

(286)

(7,901)

23,026

Other income, net

 

1,777

 

 

 

82

 

1,859

Income (loss) before income taxes

$

32,342

$

648

$

(286)

$

(7,819)

 

24,885

Income tax expense

 

(1,074)

Net income

$

23,811

Amortization of intangibles

$

242

$

662

$

$

$

904

Depreciation

704

2,592

414

5

3,715

Property, plant and equipment additions

1,043

338

316

1,697

Current assets

$

360,552

22,014

1,959

161,695

$

546,220

Current liabilities

261,030

13,119

953

985

276,087

Goodwill

18,476

9,467

27,943

Total assets

394,014

42,998

3,406

162,212

602,630

Year Ended

Power

Industrial

Telecom

January 31, 2020

    

Services

    

Services

    

Services

    

Other

    

Totals

Revenues

$

135,729

$

94,682

$

8,586

$

$

238,997

Cost of revenues

 

152,854

 

85,859

 

7,104

 

 

245,817

Gross (loss) profit

 

(17,125)

 

8,823

 

1,482

 

 

(6,820)

Selling, general and administrative expenses

 

26,835

7,810

2,135

7,345

44,125

Impairment losses

2,072

2,823

4,895

Loss from operations

(46,032)

(1,810)

(653)

(7,345)

(55,840)

Other income, net

 

7,535

 

 

 

540

 

8,075

Loss before income taxes

$

(38,497)

$

(1,810)

$

(653)

$

(6,805)

 

(47,765)

Income tax benefit

 

7,053

Net loss

$

(40,712)

Amortization of intangibles

$

291

$

664

$

181

$

$

1,136

Depreciation

694

2,418

396

5

3,513

Property, plant and equipment additions

5,069

1,638

340

11

7,058

Current assets

$

320,257

$

21,766

$

2,938

$

76,794

$

421,755

Current liabilities

135,518

6,441

796

1,279

144,034

Goodwill

18,476

9,467

27,943

Total assets

352,034

46,321

4,549

84,636

487,540

Year Ended

Power

Industrial

Telecom

January 31, 2019

    

Services

    

Services

    

Services

    

Other

    

Totals

Revenues

$

367,812

$

101,673

$

12,668

$

$

482,153

Cost of revenues

 

297,931

 

92,097

 

9,687

 

 

399,715

Gross profit

 

69,881

 

9,576

 

2,981

 

 

82,438

Selling, general and administrative expenses

 

23,741

 

7,904

 

1,788

 

7,277

 

40,710

Impairment loss

1,491

1,491

Income (loss) from operations

 

46,140

181

1,193

(7,277)

40,237

Other income, net

 

5,120

 

1,400

 

 

461

 

6,981

Income (loss) before income taxes

$

51,260

$

1,581

$

1,193

$

(6,816)

 

47,218

Income tax benefit

 

4,651

Net income

$

51,869

Amortization of intangibles

$

350

$

662

$

$

$

1,012

Depreciation

749

2,293

366

14

3,422

Property, plant and equipment additions

3,156

4,750

690

3

8,599

Current assets

$

317,708

$

28,878

$

3,691

$

66,071

$

416,348

Current liabilities

66,085

13,384

879

968

81,316

Goodwill

20,548

12,290

32,838

Total assets

347,189

57,168

5,272

67,019

476,648