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INCOME TAXES (Tables)

12 Months Ended

Jan. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of components of income tax provision

​

​	​	​	​	​	​	​	​	​	​
​	​	Year Ended January 31,
​		2021			2020			2019
​	​	(In thousands)
Current	​	​	​	​	​	​	​	​	​
Federal	​	$	(15,828)	​	$	22,471	​	$	23,463
State and city	​	​	(491)	​	​	4,856	​	​	5,907
Foreign	​	​	3,803	​	​	10,615	​	​	10,989
​	​	​	(12,516)	​	​	37,942	​	​	40,359
Deferred	​	​	​	​	​	​	​	​	​
Federal	​	​	22,770	​	​	8,250	​	​	4,419
State and city	​	​	3,364	​	​	315	​	​	191
Foreign	​	​	(1,415)	​	​	(8,246)	​	​	794
​	​	​	24,719	​	​	319	​	​	5,404
Income tax expense	​	$	12,203	​	$	38,261	​	$	45,763
Income before income taxes	​	​	​	​	​	​	​	​	​
United States	​	$	37,727	​	$	138,292	​	$	137,748
Non-United States	​	​	(2,001)	​	​	43,806	​	​	46,082
​	​	$	35,726	​	$	182,098	​	$	183,830

Schedule of significant components of net deferred tax assets

​

​	​	​	​	​	​	​
​		2021			2020
​	​	(In thousands)
Deferred income tax assets:	​	​	​	​	​	​
Compensation	​	$	2,673	​	$	8,379
Inventory	​	​	6,780	​	​	4,498
Provision for bad debts and sales allowances	​	​	18,531	​	​	34,197
Supplemental employee retirement plan	​	​	584	​	​	511
Net operating loss	​	​	12,703	​	​	4,877
Operating lease liability	​	​	35,658	​	​	67,044
Foreign tax credit carryforward	​	​	4,962	​	​	—
Other	​	​	3,792	​	​	1,148
Gross deferred income tax assets	​	​	85,683	​	​	120,654
Less: valuation allowance	​	​	(13,272)	​	​	(4,929)
Net deferred income tax assets	​	​	72,411	​	​	115,725
Deferred income tax liabilities:	​	​	​	​	​	​
Depreciation and amortization	​	​	(41,185)	​	​	(33,539)
Intangibles	​	​	(14,271)	​	​	(13,602)
Operating lease asset	​	​	(30,182)	​	​	(55,801)
Prepaid expenses and other	​	​	(2,028)	​	​	(2,600)
Total deferred income tax liabilities	​	​	(87,666)	​	​	(105,542)
Net deferred tax (liabilities) assets	​	$	(15,255)	​	$	10,183

Schedule of reconciliation of statutory federal income tax rate to effective rate reported in financial statements

​

​	​	​	​	​	​	​	​	​	​
​		2021		​	2020		​	2019	​
Provision for Federal income taxes at the statutory rate	​	21.0	%	​	21.0	%	​	21.0	%
State and local income taxes, net of Federal tax benefit	​	(0.6)	​	​	1.9	​	​	2.4	​
Permanent differences resulting in Federal taxable income	​	12.8	​	​	5.9	​	​	6.6	​
Foreign tax rate differential	​	(0.3)	​	​	(3.8)	​	​	0.5	​
Share-based payments	​	12.5	​	​	(0.8)	​	​	(0.6)	​
Foreign tax credit	​	(7.3)	​	​	(3.5)	​	​	(5.5)	​
Valuation allowance	​	13.7	​	​	0.9	​	​	0.2	​
Net operating loss carryback	​	(18.6)	​	​	—	​	​	—	​
Other, net	​	1.0	​	​	(0.6)	​	​	0.3	​
Actual provision for income taxes	​	34.2	%	​	21.0	%	​	24.9	%

Schedule of reconciliation of the beginning and ending amounts of gross unrecognized tax benefits (excluding interest and penalties)

​

​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​
​		2021			2020			2019
​	​	(In thousands)
Balance at February 1,	​	$	2,111	​	$	—	​	$	82
Additions for tax positions of prior years	​	​	182	​	​	2,111	​	​	—
Lapses of statues of limitations	​	​	—	​	​	—	​	​	(82)
Balance at January 31,	​	$	2,293	​	$	2,111	​	$	—

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of the change in unrecognized tax benefits.

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