XML 52 R36.htm IDEA: XBRL DOCUMENT
v3.25.1

INCOME TAXES (Tables) | 12 Months Ended
--- | ---
Jan. 31, 2025
INCOME TAXES |
Schedule of components of income tax provision | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended January 31,
​ |  | 2025 |  | 2024 |  | 2023
​ | ​ | (In thousands)
Current | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Federal | ​ | $ | 42,301 | ​ | $ | 42,376 | ​ | $ | 27,982
State and city | ​ | ​ | 10,191 | ​ | ​ | 9,768 | ​ | ​ | 8,278
Foreign | ​ | ​ | 12,093 | ​ | ​ | 9,971 | ​ | ​ | 14,647
​ | ​ | ​ | 64,585 | ​ | ​ | 62,115 | ​ | ​ | 50,907
Deferred | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Federal | ​ | ​ | 9,215 | ​ | ​ | 6,469 | ​ | ​ | (50,764)
State and city | ​ | ​ | 688 | ​ | ​ | 878 | ​ | ​ | (4,457)
Foreign | ​ | ​ | 2,078 | ​ | ​ | (3,603) | ​ | ​ | 526
​ | ​ | ​ | 11,981 | ​ | ​ | 3,744 | ​ | ​ | (54,695)
Income tax expense (benefit) | ​ | $ | 76,566 | ​ | $ | 65,859 | ​ | $ | (3,788)
Income (loss) before income taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
United States | ​ | $ | 218,963 | ​ | $ | 218,528 | ​ | $ | (106,086)
Non-United States | ​ | ​ | 50,896 | ​ | ​ | 22,071 | ​ | ​ | (32,084)
​ | ​ | $ | 269,859 | ​ | $ | 240,599 | ​ | $ | (138,170)
Schedule of significant components of net deferred tax liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2025 |  | 2024
​ | ​ | (In thousands)
Deferred income tax assets: | ​ | ​ | ​ | ​ | ​ | ​
Compensation | ​ | $ | 3,696 | ​ | $ | 3,444
Inventory | ​ | ​ | 12,036 | ​ | ​ | 13,756
Provision for bad debts and sales allowances | ​ | ​ | 12,775 | ​ | ​ | 11,918
Supplemental employee retirement plan | ​ | ​ | 959 | ​ | ​ | 792
Net operating loss | ​ | ​ | 40,480 | ​ | ​ | 40,183
Operating lease liability | ​ | ​ | 63,715 | ​ | ​ | 52,341
Foreign tax credit carryforward | ​ | ​ | 6,050 | ​ | ​ | 5,594
Section 174 R&D amortization | ​ | ​ | 1,338 | ​ | ​ | 1,016
Other | ​ | ​ | 6,158 | ​ | ​ | 4,919
Gross deferred income tax assets | ​ | ​ | 147,207 | ​ | ​ | 133,963
Less: valuation allowance | ​ | ​ | (46,361) | ​ | ​ | (39,140)
Net deferred income tax assets | ​ | ​ | 100,846 | ​ | ​ | 94,823
Deferred income tax liabilities: | ​ | ​ | ​ | ​ | ​ | ​
Depreciation and amortization | ​ | ​ | (19,737) | ​ | ​ | (15,821)
Intangibles | ​ | ​ | (49,237) | ​ | ​ | (51,071)
Operating lease asset | ​ | ​ | (57,881) | ​ | ​ | (46,546)
Prepaid expenses and other | ​ | ​ | (1,807) | ​ | ​ | (2,149)
Other | ​ | ​ | (4,828) | ​ | ​ | (2,724)
Total deferred income tax liabilities | ​ | ​ | (133,490) | ​ | ​ | (118,311)
Net deferred income tax liabilities | ​ | $ | (32,644) | ​ | $ | (23,488)
Schedule of reconciliation of statutory federal income tax rate to effective rate reported in financial statements | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2025 |  | ​ | 2024 |  | ​ | 2023 | ​
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 | ​ | 3.2 | ​ | ​ | 3.7 | ​ | ​ | (2.1) | ​
Permanent differences | ​ | 3.3 | ​ | ​ | 2.8 | ​ | ​ | (2.1) | ​
U.S. tax on foreign earnings | ​ | 2.3 | ​ | ​ | 1.8 | ​ | ​ | (6.0) | ​
Foreign tax rate differential and other foreign adjustments | ​ | (1.0) | ​ | ​ | 1.0 | ​ | ​ | 1.2 | ​
Foreign tax credit | ​ | (3.7) | ​ | ​ | (2.9) | ​ | ​ | 7.9 | ​
Valuation allowance | ​ | 2.7 | ​ | ​ | 0.4 | ​ | ​ | (3.1) | ​
Goodwill impairment | ​ | — | ​ | ​ | — | ​ | ​ | (17.3) | ​
Non-taxable capital gain | ​ | — | ​ | ​ | — | ​ | ​ | 5.1 | ​
Other, net | ​ | 0.6 | ​ | ​ | (0.4) | ​ | ​ | (1.9) | ​
Actual provision for income taxes | ​ | 28.4 | % | ​ | 27.4 | % | ​ | 2.7 | %
Schedule of reconciliation of the beginning and ending amounts of gross unrecognized tax benefits (excluding interest and penalties) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2025 |  | 2024 |  | 2023
​ | ​ | (In thousands)
Balance at February 1, | ​ | $ | 4,241 | ​ | $ | 3,582 | ​ | $ | 2,442
Additions based on tax positions related to the current year | ​ | ​ | 62 | ​ | ​ | 57 | ​ | ​ | 245
Additions for tax positions of prior years | ​ | ​ | 54 | ​ | ​ | 1,015 | ​ | ​ | 895
Reductions for tax positions of prior years | ​ | ​ | (45) | ​ | ​ | (413) | ​ | ​ | —
Settlements | ​ | ​ | (727) | ​ | ​ | — | ​ | ​ | —
Lapses of statutes of limitations | ​ | ​ | (1,325) | ​ | ​ | — | ​ | ​ | —
Balance at January 31, | ​ | $ | 2,260 | ​ | $ | 4,241 | ​ | $ | 3,582

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 231 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-231 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in unrecognized tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 217 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-217 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-15A + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration