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Investments | 3 Months Ended
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Jul. 31, 2025
Disclosure Text Block Supplement [Abstract] |
Investment [Text Block] | Note 10. Investments Equity Method Investment in Big River The following table summarizes the Company’s equity method investment at July 31, 2025 and January 31, 2025 (dollars in thousands):
|  |  |  |  | Carrying Amount |
Entity |  | Ownership Percentage |  |  | July 31, 2025 |  |  | January 31, 2025 |
Big River |  |  | 10.3% |  |  |  | $35,191 |  |  |  | $35,800 |
Undistributed earnings of the Company’s equity method investee totaled approximately $15.2 million and approximately $15.8 million at July 31, 2025 and January 31, 2025, respectively. The Company received dividends from its equity method investee of approximately $2.5 million in the first six months of 2025. The Company did not receive dividends from its equity method investee in the first six months of fiscal year 2024. 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, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Net sales and revenue |  | $ | 229,876 |  |  | $ | 260,202 |  |  | $ | 502,179 |  |  | $ | 533,188 |
Gross profit |  | $ | 13,238 |  |  | $ | 22,852 |  |  | $ | 27,488 |  |  | $ | 41,114 |
Depreciation expense |  | $ | 3,907 |  |  | $ | 6,660 |  |  | $ | 7,769 |  |  | $ | 13,206 |
Net income |  | $ | 9,320 |  |  | $ | 20,064 |  |  | $ | 21,056 |  |  | $ | 39,226 |
Net income attributable to members |  | $ | 6,102 |  |  | $ | 16,944 |  |  | $ | 15,777 |  |  | $ | 33,603 |
Short-term Investments At July 31, 2025, the Company owned United States Treasury Bills (classified as short-term investments) that had an amortized cost, or carrying value, of approximately $69.5 million. The contractual maturity of these investments was less than one year. The yield to maturity rate was approximately 4.3%. Unrecognized holding losses at July 31, 2025 were approximately $32,000. At January 31, 2025, the Company owned United States Treasury Bills (classified as short-term investments) that had an amortized cost, or carrying value, of approximately $162.8 million. The contractual maturity of these investments was less than one year. The yield to maturity rate was approximately 4.4%. Unrecognized holding losses at January 31, 2025 were approximately $19,000.

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- Definition The entire disclosure for investment. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/320/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Topic 321 -Publisher FASB -URI https://asc.fasb.org/321/tableOfContent Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Topic 325 -Publisher FASB -URI https://asc.fasb.org/325/tableOfContent + Details
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