RECEIVABLES (Tables)

6 Months Ended

Jul. 31, 2025


	July 31, 2025		January 31, 2025
	(in thousands)
Trade and unbilled receivables from contracts with customers
Trade receivables due from customers	$	66,757	$	49,777
Unbilled receivables	30,269		24,584
Less allowance for expected credit losses	(2,277)		(1,994)
	94,749		72,367

Short-term receivables due from finance companies	15,180		16,793

Trade and unbilled receivables from rental contracts
Trade receivables	5,397		4,015
Unbilled receivables	1,207		580
Less allowance for expected credit losses	(594)		(578)
	6,010		4,017
Other receivables
Due from manufacturers	11,070		25,692
Other	599		945
	11,669		26,637
Receivables, net of allowance for expected credit losses	$	127,608	$	119,814

Following is a summary of allowance for credit losses on trade and unbilled accounts receivable by segment:


	Agriculture		Construction		Europe		Australia		Total
	(in thousands)
Balance at January 31, 2025	$	605	$	209	$	1,132	48		$	1,994
Current expected credit loss provision	86		28		257		70		441
Write-offs charged against allowance	(239)		(71)		—		(28)		(338)
Credit loss recoveries collected	24		8		4		—		36
Foreign exchange impact	—		—		139		5		144
Balance at July 31, 2025	$	476	$	174	$	1,532	$	95	$	2,277


	Agriculture		Construction		Europe		Australia		Total
	(in thousands)
Balance at January 31, 2024	$	164	$	177	$	2,638	59		$	3,038
Current expected credit loss provision	146		110		(81)		38		213
Write-offs charged against allowance	(46)		(122)		(42)		(31)		(241)
Credit loss recoveries collected	2		34		57		—		93
Foreign exchange impact	—		—		(26)		(1)		(27)
Balance at July 31, 2024	$	266	$	199	$	2,546	$	65	$	3,076