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INCOME TAXES (Tables) | 12 Months Ended
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Jan. 31, 2020
Income Tax Disclosure [Abstract] |
Schedule of components of income tax expense (benefit) |
|  | Years ended January 31,
Domestic and Foreign Pretax Income (Loss) |  | 2020 |  | 2019
Domestic |  | $ | 466 |  |  | $ | (1,116 | )
Foreign |  |  | 5,287 |  |  |  | 4,597 |
Total |  | $ | 5,753 |  |  | $ | 3,481 |
|  | Years ended January 31,
|  | 2020 |  | 2019
Income Tax Expense |  |  |  |  |  |  |  |
Current: |  |  |  |  |  |  |  |
Federal |  | $ | 16 |  |  | $ | 45 |
State and other taxes |  |  | 38 |  |  |  | 20 |
Foreign |  |  | 1,090 |  |  |  | 1,667 |
Total Current Tax Expense |  | $ | 1,144 |  |  | $ | 1,732 |
Deferred: |  |  |  |  |  |  |  |
Domestic |  | $ | 1,328 |  |  | $ | 290 |
Total Income Taxes |  | $ | 2,472 |  |  | $ | 2,022 |
Schedule of effective income tax rate reconciliation |
|  | Years ended January 31,
|  | 2020 |  | 2019
Statutory rate |  |  | 21.00 | % |  |  | 21.00 | %
State Income Taxes, Net of Federal Tax Benefit |  |  | 4.47 |  |  |  | 6.89 |
Adjustment to Deferred |  |  | 0.70 |  |  |  | (0.92 | )
Argentina Flow Through Loss |  |  | (0.24 | ) |  |  | 1.37 |
GILTI |  |  | 17.96 |  |  |  | 16.85 |
Permanent Differences |  |  | 2.47 |  |  |  | 0.63 |
Valuation Allowance-Deferred Tax Asset |  |  | ----- |  |  |  | (24.46 | )
Foreign Tax Credit |  |  | ----- |  |  |  | 24.46 |
Foreign Rate Differential |  |  | (3.51 | ) |  |  | 20.16 |
Rate Change |  |  | 0.20 |  |  |  | (5.63 | )
Other |  |  | (0.08 | ) |  |  | (2.25 | )
Effective Rate |  |  | 42.97 | % |  |  | 58.09 | %
Schedule of deferred tax assets and liabilities |
|  | Years ended January 31,
|  | 2020 |  | 2019
Deferred tax assets: |  |  |  |  |  |  |  |
Inventories |  | $ | 672 |  |  | $ | 849 |
US tax loss carryforwards, including work opportunity credit* |  |  | 3,524 |  |  |  | 4,290 |
Accounts receivable and accrued rebates |  |  | 247 |  |  |  | 233 |
Accrued compensation and other |  |  | 179 |  |  |  | 314 |
India reserves - US deduction |  |  | 45 |  |  |  | 46 |
Equity based compensation |  |  | 171 |  |  |  | 299 |
Foreign tax credit carry-forward |  |  | 1,348 |  |  |  | 1,348 |
State and local carry-forwards |  |  | 990 |  |  |  | 1,116 |
Argentina timing difference |  |  | 43 |  |  |  | 32 |
Depreciation and other |  |  | 55 |  |  |  | 59 |
Amortization |  |  | (206 | ) |  |  | (193 | )
Brazil write-down |  |  | 220 |  |  |  | 222 |
Right-of-use asset |  |  | 549 |  |  |  | ----- |
Operating Lease Liability |  |  | (550 | ) |  |  | ----- |
Deferred tax asset |  |  | 7,287 |  |  |  | 8,615 |
Less valuation allowance |  |  | (1,348 | ) |  |  | (1,348 | )
Net deferred tax asset |  | $ | 5,939 |  |  | $ | 7,267 |
*The federal net operating loss (“NOL”) generated from the 01/31/2015 tax year that is left after FY20 of approximately $16.0 million, will expire after 1/31/2035 and the NOL generated after 01/31/2018 will be carried forward indefinitely. The credits will begin to expire after 1/31/2020 (10 years from the 1st carryover year generated date of 1/31/2010) and will fully expire after 1/31/2028. At 1/31/2020, the Company had NOLs totaling approximately $15.98 million. The state NOLs with carry forward limitations will begin to expire after 1/31/2025 and will continue to expire at various periods up until 1/31/2039 when they will be fully expired. The states have a larger spread because some only carryforward for 10 years and some allow 20 years. The Georgia NOLs generated after 01/31/2018 can be carried forward indefinitely. At 1/31/2020, the Company had state NOLs totaling approximately $28.69 million.

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
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