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Financial Instruments and Risk Management (Tables)
 12 Months Ended
Jan. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Net Investment Hedges

(In thousands)

 

Amount of Foreign Currency Translation Gain (Loss) Recognized in Other Comprehensive Income (Loss) on Derivative

 

Financial Instruments Designated as Net Investment Hedge

 

January 31,
2025

 

 

January 31,
2024

 

     Euro-Denominated Debt

 

$

(24

)

 

$

—

 

 

On January 31, 2025 we assessed the effectiveness of the net investment hedge and determined that it was no longer highly effective, accordingly, future change in the carrying value of this nonderivative hedging instrument would have to be recorded in the “other expenses” in the consolidated statements of income (loss). To address this situation, the Euro-denominated debt has been

designated as an economic hedge of part of our net investment in our German operation in place of part of our net investment in our Portugal operation effective January 31, 2025.