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Investments | 6 Months Ended
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Jul. 31, 2022
Disclosure Text Block Supplement [Abstract] |
Investment [Text Block] | Note 9. Investments Equity Method Investment in Big River The following table summarizes the Company’s equity method investment at July 31, 2022 and January 31, 2022 (dollars in thousands):
|  |  |  |  | Carrying Amount |
Entity |  | Ownership Percentage |  |  | July 31, 2022 |  |  | January 31, 2022 |
Big River |  |  | 10.3% |  |  |  | $36,115 |  |  |  | $30,566 |
Undistributed earnings of the Company’s equity method investee totaled approximately $16.1 million and approximately $10.5 million at July 31, 2022 and January 31, 2022, respectively. The Company did not receive any dividends from its equity method investee in the first six months of fiscal year 2022 and 2021. 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 July 31, |  |  | Six Months Ended July 31, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Net sales and revenue |  | $ | 450,396 |  |  | $ | 363,383 |  |  | $ | 802,142 |  |  | $ | 619,799 |
Gross profit |  | $ | 27,137 |  |  | $ | 19,357 |  |  | $ | 49,161 |  |  | $ | 20,901 |
Income from continuing operations |  | $ | 34,891 |  |  | $ | 17,877 |  |  | $ | 53,816 |  |  | $ | 23,412 |
Net income |  | $ | 34,891 |  |  | $ | 17,877 |  |  | $ | 53,816 |  |  | $ | 23,412 |
Short-term Investments At July 31, 2022, the Company owned United States Treasury Bills that had an amortized cost, or carrying value, of approximately $190.5 million. The contractual maturity of these investments was less than one year. The yield to maturity rate was approximately 0.9%. Unrealized gains or losses were insignificant. At January 31, 2022, the Company owned certificates of deposit that had an amortized cost, or carrying value, of approximately $25,877,000. The contractual maturity of these investments was less than one year. The yield to maturity rate was approximately 0.1%. Unrealized gains or losses were insignificant.

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- Definition The entire disclosure for investment. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 321 -URI https://asc.fasb.org/topic&trid=75115024 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI https://asc.fasb.org/topic&trid=2196928 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 325 -URI https://asc.fasb.org/topic&trid=2197064 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI https://asc.fasb.org/topic&trid=2196965 + Details
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