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INVESTMENTS
 9 Months Ended
Oct. 31, 2019
Disclosure Text Block Supplement [Abstract]  
Investment [Text Block]

Note 10.  Investments


The following table summarizes the Company’s equity method investment at October 31, 2019 and January 31, 2019 (dollars in thousands):


   Ownership   Carrying Amount   Carrying Amount 
Entity  Percentage         October 31, 2019        January 31, 2019 
             
Big River   10.3%   $31,422    $32,075 

Undistributed earnings of the Company’s equity method investee totaled approximately $11.4 million and approximately $12.0 million at October 31, 2019 and January 31, 2019, respectively. The Company received dividends from its equity method investee of approximately $1.0 million and approximately $3.0 million during the first nine months of fiscal years 2019 and 2018, respectively.


Summarized financial information for the Company’s equity method investee is presented in the following table for the periods presented (amounts in thousands):


   Three Months Ended
October 31,		   Nine Months Ended
October 31,		 
   2019   2018   2019   2018 
                 
Net sales and revenue  $220,387        $196,169        $598,187        $600,204 
Gross profit  $10,269   $15,150   $18,864   $39,489 
(Loss) income from continuing operations  $(149)   $5,932   $3,397   $21,164 
Net (loss) income  $(149)   $5,932   $3,397   $21,164 

The following table summarizes the Company’s held-to-maturity security at January 31, 2019 (amounts in thousands):


   Amortized
Cost		   Gross Unrealized
Losses		   Estimated
Fair Value		 
United States Treasury Bill   $14,975    $2    $14,973 

As of January 31, 2019, the contractual maturity of this investment was less than one year and the yield to maturity rate was 2.29%.