XML 34 R26.htm IDEA: XBRL DOCUMENT v3.22.2.2
Fair Value (Tables)
 6 Months Ended
Jul. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] Financial assets and liabilities measured at fair value on a recurring basis at July 31, 2022 are summarized below (amounts in thousands):
   Level 1   Level 2   Level 3   Fair Value 
                 
Investment in cooperative (1)       $
-
     $
-
     $354        $354 
Commodity futures asset (2)     -      3,501      -      3,501 
Total assets    $-     $3,501     $354     $3,855 
                             
Forward purchase contracts liability (3)    $-     $3,461     $-     $3,461 
   Level 1   Level 2   Level 3   Fair Value 
                 
Investment in cooperative (1)       $
-
     $
-
     $354        $354 
Forward purchase contracts (2)     
-
      993      
-
      993 
Total assets    $-     $993     $354     $1,347 
                             
Commodity futures liability (3)    $
-
     $933     $
-
     $933 

 

(1) The investment in cooperative is included in “Other assets” on the accompanying Consolidated Condensed Balance Sheets.

(2) The forward purchase contracts and commodity futures assets are included in “Prepaid expenses and other current assets” on the accompanying Consolidated Condensed Balance Sheets.

(3) The commodity futures and forward purchase contracts liabilities are included in “Accrued expenses and other current liabilities” on the accompanying Consolidated Condensed Balance Sheets.