Titan Machinery (TITN) 10-Q 3 Sep 21 2022 Q2 Quarterly report Financial data

Cover

Cover	6 Months Ended
	Jul. 31, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jul. 31, 2021
Document Transition Report	false
Entity File Number	001-33866
Entity Registrant Name	TITAN MACHINERY INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	45-0357838
Entity Address, Address Line One	644 East Beaton Drive
Entity Address, City or Town	West Fargo,
Entity Address, State or Province	ND
Entity Address, Postal Zip Code	58078-2648
City Area Code	(701)
Local Phone Number	356-0130
Title of 12(b) Security	Common Stock, $0.00001 par value per share
Trading Symbol	TITN
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jul. 31, 2021	Aug. 30, 2021
Document and Entity Information
Entity Central Index Key	0001409171
Amendment Flag	false
Entity Small Business	false
Entity Emerging Growth Company	false
Current Fiscal Year End Date	--01-31
Entity Common Stock, Shares Outstanding		22,595,524
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) shares in Thousands	Jul. 31, 2021	Jan. 31, 2021
Current Assets
Cash	$ 65,584,000	$ 78,990,000
Receivables, net of allowance for expected credit losses	82,068,000	69,109,000
Inventories	427,109,000	418,458,000
Prepaid expenses and other	20,684,000	13,677,000
Total current assets	595,445,000	580,234,000
Noncurrent Assets
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization	162,657,000	147,165,000
Operating Lease, Right-of-Use Asset	66,934,000	74,445,000
Deferred Income Taxes and Other Assets, Noncurrent	5,265,000	3,637,000
Goodwill	1,433,000	1,433,000
Intangible assets, net of accumulated amortization	6,558,000	7,785,000
Other	1,079,000	1,090,000
Total noncurrent assets	243,926,000	235,555,000
Total Assets	839,371,000	815,789,000
Current Liabilities
Accounts payable	20,649,000	20,045,000
Floorplan payable	185,549,000	161,835,000
Long-term Debt, Current Maturities	5,455,000	4,591,000
Operating Lease, Liability, Current	10,755,000	11,772,000
Deferred revenue	37,977,000	59,418,000
Accrued Liabilities and Other Liabilities	47,751,000	48,791,000
Taxes Payable, Current	2,335,000	11,048,000
Total current liabilities	310,471,000	317,500,000
Long-Term Liabilities
Long-term Debt, Excluding Current Maturities	63,624,000	44,906,000
Operating Lease, Liability	66,678,000	73,567,000
Other long-term liabilities	6,746,000	8,535,000
Total long-term liabilities	137,048,000	127,008,000
Commitments and Contingencies (Note 15)
Common stock, shares outstanding	22,596	22,553
Common stock, shares issued	22,596	22,553
Stockholders' Equity
Common stock, par value $.00001 per share, 45,000 shares authorized; 22,596 shares issued and outstanding at July 31, 2021; 22,553 shares issued and outstanding at January 31, 2021	$ 0	$ 0
Additional paid-in-capital	253,129,000	252,913,000
Retained earnings	138,665,000	116,869,000
Accumulated other comprehensive income	58,000	1,499,000
Total Titan Machinery Inc. stockholders' equity	391,852,000	371,281,000
Total Liabilities and Stockholders' Equity	$ 839,371,000	$ 815,789,000

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares shares in Thousands	Jul. 31, 2021	Jan. 31, 2021
Statement of Financial Position [Abstract]
Common stock, par value, in dollars per share	$ 0.00001	$ 0.00001
Common stock, shares authorized	45,000	45,000
Common stock, shares issued	22,596	22,553
Common stock, shares outstanding	22,596	22,553

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Income Statement [Abstract]
Total Revenue	$ 377,630	$ 303,465	$ 750,334	$ 613,673
Total Cost of Revenue	302,612	240,777	604,339	492,573
Gross Profit	75,018	62,688	145,995	121,100
Operating Expenses	57,074	53,079	113,516	106,137
Other Asset Impairment Charges	1,498	0	1,498	216
Income from Operations	16,446	9,609	30,981	14,747
Other Income (Expense)
Interest and other income	654	562	1,320	692
Floorplan interest expense	(350)	(901)	(768)	(2,054)
Other interest expense	(1,118)	(978)	(2,222)	(1,944)
Income Before Income Taxes	15,632	8,292	29,311	11,441
Provision for Income Taxes	4,383	1,892	7,515	2,779
Net Income	$ 11,249	$ 6,400	$ 21,796	$ 8,662
Earnings per Share:
Earnings (Loss) per Share - Basic, in dollars per share	$ 0.50	$ 0.28	$ 0.97	$ 0.39
Earnings (Loss) per Share - Diluted, in dollars per share	$ 0.50	$ 0.28	$ 0.97	$ 0.39
Weighted Average Common Shares:	22,261	22,118	22,209	22,068
Basic	22,276	22,119	22,220	22,068
Sales of Equipment [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 272,733	$ 202,654	$ 548,713	$ 421,159
Cost of Goods and Services Sold	240,332	180,231	484,008	377,278
Sales of Parts [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	65,317	61,454	127,942	118,068
Cost of Goods and Services Sold	46,089	43,032	90,529	82,649
Service Sales [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	29,676	27,986	57,379	53,586
Cost of Goods and Services Sold	9,771	9,665	19,065	18,010
Rental and Other
Revenue from Contract with Customer, Excluding Assessed Tax	9,904	11,371	16,300	20,860
Cost of Goods and Services Sold	$ 6,420	$ 7,849	$ 10,737	$ 14,636

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Statement of Comprehensive Income [Abstract]
Net Income	$ 11,249	$ 6,400	$ 21,796	$ 8,662
Other Comprehensive Income (Loss)
Foreign currency translation adjustments	937	778	(1,441)	250
Comprehensive Income (Loss)	$ 12,186	$ 7,178	$ 20,355	$ 8,912

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY Statement - USD ($) shares in Thousands, $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Retained Earnings [Member]Cumulative Effect, Period of Adoption, Adjustment [Member]	AOCI Attributable to Parent [Member]
Shares, Outstanding			22,335
Stockholders' Equity Attributable to Parent	$ 345,104			$ 250,607	$ 97,717		$ (3,220)
Stock Issued During Period, Share of Restricted Stock Award Stock Options Exercised and Warrants and Tax Benefits of Equity Awards			(21)
Stock Issued During Period, Value of Restricted Stock Award Stock Options Exercised Warrants Exercised and Tax Benefits of Equity Awards	(201)			(201)
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	645			645
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	2,262				2,262
Other Comprehensive Income (Loss), Net of Tax	(528)						(528)
Retained earnings		$ (204)				$ (204)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	8,662
Shares, Outstanding			22,314
Stockholders' Equity Attributable to Parent	347,078			251,051	99,775		(3,748)
Stock Issued During Period, Share of Restricted Stock Award Stock Options Exercised and Warrants and Tax Benefits of Equity Awards			239
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	536			536
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	6,400				6,400
Other Comprehensive Income (Loss), Net of Tax	778						778
Shares, Outstanding			22,553
Stockholders' Equity Attributable to Parent	354,792			251,587	106,175		(2,970)
Shares, Outstanding			22,553
Stockholders' Equity Attributable to Parent	371,281			252,913	116,869		1,499
Stock Issued During Period, Share of Restricted Stock Award Stock Options Exercised and Warrants and Tax Benefits of Equity Awards			(33)
Stock Issued During Period, Value of Restricted Stock Award Stock Options Exercised Warrants Exercised and Tax Benefits of Equity Awards	(975)			(975)
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	609			609
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	10,547				10,547
Other Comprehensive Income (Loss), Net of Tax	(2,379)						(2,379)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	21,796
Shares, Outstanding			22,520
Stockholders' Equity Attributable to Parent	379,083			252,547	127,416		(880)
Stock Issued During Period, Share of Restricted Stock Award Stock Options Exercised and Warrants and Tax Benefits of Equity Awards			76
Stock Issued During Period, Value of Restricted Stock Award Stock Options Exercised Warrants Exercised and Tax Benefits of Equity Awards	(2)			(2)
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	584			584
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	11,249				11,249
Other Comprehensive Income (Loss), Net of Tax	938						938
Shares, Outstanding			22,596
Stockholders' Equity Attributable to Parent	$ 391,852			$ 253,129	$ 138,665		$ 58

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020
Operating Activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ 21,796	$ 8,662
Adjustments to reconcile net income to net cash provided by (used for) operating activities
Depreciation and amortization	10,602	11,286
Impairment	1,498	216
Deferred income taxes	(1,645)	(944)
Stock-based compensation expense	1,193	1,181
Noncash interest expense	110	75
Noncash lease expense	5,073	5,717
Other, net	162	(368)
Increase (Decrease) in Accounts Receivable and Other Operating Assets	12,384	(3,347)
Changes in assets and liabilities
Inventories	(17,166)	31,885
Manufacturer floorplan payable	56,436	(26,726)
Accounts payable, deferred revenue, accrued expenses and other and other long-term liabilities	(31,627)	(15,140)
Operating lease liabilities	(5,487)	(6,156)
Net Cash Provided by (Used for) Operating Activities	28,561	13,035
Investing Activities
Rental fleet purchases	(8,946)	(6,001)
Property and equipment purchases (excluding rental fleet)	(10,888)	(4,472)
Proceeds from sale of property and equipment	420	489
Other, net	12	(20)
Net Cash Used for Investing Activities	(19,402)	(16,794)
Financing Activities
Net change in non-manufacturer floorplan payable	(22,731)	7,229
Proceeds from long-term debt borrowings	6,451	1,112
Repayments of Debt and Lease Obligation	5,117	2,952
Payment of debt issuance costs	0	(670)
Other, net	(976)	(200)
Net Cash Provided by (Used for) Financing Activities	(22,373)	4,519
Effect of Exchange Rate Changes on Cash	(192)	3
Net Change in Cash	(13,406)	763
Cash at Beginning of Period	78,990	43,721
Cash at End of Period	65,584	44,484
Cash paid during the period
Income taxes, net of refunds	17,378	(228)
Interest	2,797	4,103
Supplemental Disclosures of Noncash Investing and Financing Activities
Net property and equipment financed with long-term debt, finance leases, accounts payable and accrued liabilities	9,014	4,645
Long-term debt to acquire finance leases	7,454	0
Net transfer of assets from (to) property and equipment to (from) inventories	1,269	319
Business Combination, Consideration Transferred	$ 0	$ 6,790

BUSINESS ACTIVITY AND SIGNIFICA

BUSINESS ACTIVITY AND SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jul. 31, 2021
Accounting Policies [Abstract]
BUSINESS ACTIVITY AND SIGNIFICANT ACCOUNTING POLICIES	BUSINESS ACTIVITY AND SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The unaudited consolidated financial statements included herein have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim reporting. Accordingly, they do not include all the information and footnotes required by accounting principles generally accepted in the United States of America (“GAAP”) for complete financial statements. In the opinion of management, all adjustments, consisting of normal recurring accruals, considered necessary for a fair presentation have been included. The quarterly operating results for Titan Machinery Inc. (the “Company”) are subject to fluctuation due to varying weather patterns, which may impact the timing and amount of equipment purchases, rentals, and after-sales parts and service purchases by the Company’s Agriculture, Construction and International customers. Therefore, operating results for the six-month period ended July 31, 2021 are not necessarily indicative of the results that may be expected for the fiscal year ending January 31, 2022. The information contained in the consolidated balance sheet as of January 31, 2021 was derived from the audited consolidated financial statements of the Company for the fiscal year then ended. These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2021 as filed with the SEC. Nature of Business The Company is engaged in the retail sale, service and rental of agricultural and construction machinery through its stores in the United States and Europe. The Company’s North American stores are located in Colorado, Iowa, Minnesota, Montana, Nebraska, North Dakota, South Dakota, Wisconsin and Wyoming, and its European stores are located in Bulgaria, Germany, Romania, Serbia and Ukraine. Impact of the COVID-19 Pandemic In March 2020, the World Health Organization declared the outbreak of COVID-19 a pandemic, and the President of the United States declared the COVID-19 outbreak as a national emergency. The nature of COVID-19 led to worldwide shutdowns and halting of commercial and interpersonal activity as governments imposed regulations in efforts to control the spread of the pandemic, such as shelter-in-place orders and quarantines. The Company's products and services were determined to be essential in the markets we serve and accordingly operations have been allowed to continue throughout the pandemic. The extent and duration of the COVID-19 impact, on the operations and financial position of the Company and on the global economy, is uncertain. Uncertainty remains regarding emerging variant strains of COVID-19, and regarding the length of time it will take for the COVID-19 pandemic to subside.We will continue to take action as necessary as the health and safety of our employees and customers remain our top priority. Some of the Company's supply vendors are facing production, supply chain and staffing challenges as they work to achieve production capacity and lead times consistent with pre-pandemic levels. As a result, the Company has experienced some disruptions and delays on delivery of certain inventory. The Company has assessed the impacts of the COVID-19 pandemic on its results of operations for the three and six months ended July 31, 2021 and 2020, and although there have been logistical and other challenges, no material adverse impacts were identified. Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates, particularly related to realization of inventory, impairment of long-lived assets, goodwill, or indefinite lived intangible assets, collectability of receivables, and income taxes. Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All material accounts, transactions and profits between the consolidated companies have been eliminated in consolidation. In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update ("ASU") No. 2020-04 , Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting

EARNINGS PER SHARE (Notes)

EARNINGS PER SHARE (Notes)	6 Months Ended
	Jul. 31, 2021
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	EARNINGS PER SHARE The following table sets forth the calculation of basic and diluted Earnings Per Share (EPS): Three Months Ended July 31, Six Months Ended July 31, 2021 2020 2021 2020 (in thousands, except per share data) Numerator: Net income $ 11,249 $ 6,400 $ 21,796 $ 8,662 Allocation to participating securities (156) (101) (334) (129) Net income attributable to Titan Machinery Inc. common stockholders $ 11,093 $ 6,299 $ 21,462 $ 8,533 Denominator: Basic weighted-average common shares outstanding 22,261 22,118 22,209 22,068 Plus: incremental shares from vesting of restricted stock units 15 1 11 — Diluted weighted-average common shares outstanding 22,276 22,119 22,220 22,068 Earnings Per Share: Basic $ 0.50 $ 0.28 $ 0.97 $ 0.39 Diluted $ 0.50 $ 0.28 $ 0.97 $ 0.39

REVENUE (Notes)

REVENUE (Notes)	6 Months Ended
	Jul. 31, 2021
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer	REVENUE Revenues are recognized when control of the promised goods or services is transferred to the customer, in an amount that reflects the consideration we expect to collect in exchange for those goods or services. Sales, value added and other taxes collected from our customers concurrent with our revenue activities are excluded from revenue. The following tables present our revenue disaggregated by revenue source and segment: Three Months Ended July 31, 2021 Three Months Ended July 31, 2020 Agriculture Construction International Total Agriculture Construction International Total (in thousands) (in thousands) Equipment $ 156,408 $ 54,020 $ 62,305 $ 272,733 $ 110,601 $ 48,478 $ 43,575 $ 202,654 Parts 40,742 11,928 12,647 65,317 37,470 13,016 10,968 61,454 Service 21,150 6,585 1,941 29,676 19,429 6,806 1,751 27,986 Other 758 490 188 1,436 829 725 119 1,673 Revenue from contracts with customers 219,058 73,023 77,081 369,162 168,329 69,025 56,413 293,767 Rental 306 7,920 242 8,468 743 8,694 261 9,698 Total revenues $ 219,364 $ 80,943 $ 77,323 $ 377,630 $ 169,072 $ 77,719 $ 56,674 $ 303,465 Six Months Ended July 31, 2021 Six Months Ended July 31, 2020 Agriculture Construction International Total Agriculture Construction International Total (in thousands) (in thousands) Equipment $ 325,664 $ 98,832 $ 124,217 $ 548,713 $ 250,349 $ 82,732 $ 88,078 $ 421,159 Parts 80,425 24,036 23,481 127,942 72,550 24,476 21,042 118,068 Service 40,904 12,954 3,521 57,379 37,150 13,017 3,419 53,586 Other 1,478 855 281 2,614 1,562 1,243 223 3,028 Revenue from contracts with customers 448,471 136,677 151,500 736,648 361,611 121,468 112,762 595,841 Rental 444 12,873 369 13,686 1,089 16,365 378 17,832 Total revenues $ 448,915 $ 149,550 $ 151,869 $ 750,334 $ 362,700 $ 137,833 $ 113,140 $ 613,673 Unbilled Receivables and Deferred Revenue Unbilled receivables from contracts with customers amounted to $20.1 million and $12.9 million as of July 31, 2021 and January 31, 2021. The increase in unbilled receivables is primarily the result of a seasonal increase in the volume of our service transactions in which we recognize revenue as our work is performed and prior to customer invoicing. Deferred revenue from contracts with customers amounted to $37.1 million and $57.7 million as of July 31, 2021 and January 31, 2021. Our deferred revenue most often increases in the fourth quarter of each fiscal year due to a higher level of customer down payments or prepayments and longer time periods between customer payment and delivery of the equipment asset, and the related recognition of equipment revenue, prior to its seasonal use. During the six months ended July 31, 2021 and 2020, the Company recognized $50.8 million and $37.0 million, respectively, of revenue that was included in the deferred revenue balance as of January 31, 2021 and January 31, 2020, respectively. No material amount of revenue was recognized during the six months ended July 31, 2021 and 2020 from performance obligations satisfied in previous periods. The Company has elected as a practical expedient to not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of service of one year or less and (ii) contracts for which we recognize revenue at the amount to which we have the right to invoice for parts installed and services performed. The contracts for which the practical expedient has been applied include (i) equipment revenue transactions, which do not have a stated contractual term but are short-term in nature, and (ii) service revenue transactions, which also do not have a stated contractual term but are generally completed within 30 days. For such service contracts we recognize revenue over time at the amount to which we have the right to invoice for services completed to date.

RECEIVABLES (Notes)

RECEIVABLES (Notes)	6 Months Ended
	Jul. 31, 2021
Receivables [Abstract]
Financing Receivables [Text Block]	NOTE 4 - RECEIVABLES The Company provides an allowance for expected credit losses on its nonrental receivables. To measure the expected credit losses, receivables have been grouped based on shared credit risk characteristics as shown in the table below. Trade and unbilled receivables from contracts with customers have credit risk and the allowance is determined by applying expected credit loss percentages to aging categories based on historical experience that are updated each quarter. The rates may also be adjusted to the extent future events are expected to differ from historical results. In addition, the allowance is adjusted based on information obtained by continued monitoring of individual customer credit. Trade receivables from finance companies, other receivables due from manufacturers, and other receivables have not historically resulted in any credit losses to the Company. These receivables are short-term in nature and deemed to be of good credit quality and have no need for any allowance for expected credit losses. Management continually monitors these receivables and should information be obtained that identifies potential credit risk, an adjustment to the allowance would be made if deemed appropriate. Trade and unbilled receivables from rental contracts are primarily in the United States and are specifically excluded from the accounting guidance in determining an allowance for expected losses. The Company provides an allowance for these receivables based on historical experience and using credit information obtained from continued monitoring of customer accounts. July 31, 2021 January 31, 2021 (in thousands) Trade and unbilled receivables from contracts with customers Trade receivables due from customers $ 35,859 $ 31,664 Unbilled receivables 20,050 12,909 Less allowance for expected credit losses 2,721 2,994 53,188 41,579 Trade receivables due from finance companies 14,491 14,133 Trade and unbilled receivables from rental contracts Trade receivables 5,034 4,329 Unbilled receivables 924 520 Less allowance for expected credit losses 1,843 1,939 4,115 2,910 Other receivables Due from manufacturers 8,642 8,720 Other 1,632 1,767 10,274 10,487 Receivables, net of allowance for expected credit losses $ 82,068 $ 69,109 Following is a summary of allowance for credit losses on trade and unbilled accounts receivable by segment: Agriculture Construction International Total (in thousands) Balance at January 31, 2021 $ 228 $ 1,074 $ 1,690 $ 2,992 Current expected credit loss provision 30 68 (2) 96 Write-offs charged against allowance 17 84 38 139 Credit loss recoveries collected — 4 — 4 Foreign exchange impact — — (50) (50) Balance at April 30, 2021 241 1,062 1,600 2,903 Current expected credit loss provision 84 50 (225) (91) Write-offs charged against allowance 33 64 21 118 Credit loss recoveries collected 7 1 — 8 Foreign exchange impact — — 19 19 Balance at July 31, 2021 $ 299 $ 1,049 $ 1,373 $ 2,721 Agriculture Construction International Total (in thousands) Balance at February 1, 2020 $ 181 $ 1,016 $ 1,746 $ 2,943 Current expected credit loss provision 14 113 226 353 Write-offs charged against allowance 5 71 133 209 Credit loss recoveries collected 40 4 6 50 Foreign exchange impact — — (29) (29) Balance at April 30, 2020 230 1,062 1,816 3,108 Current expected credit loss provision 16 95 265 376 Write-offs charged against allowance 47 78 98 223 Credit loss recoveries collected 9 — — 9 Foreign exchange impact — — 23 23 Balance at July 31, 2020 $ 208 $ 1,079 $ 2,006 $ 3,293 The following table presents impairment losses (recoveries) on receivables arising from sales contracts with customers and receivables arising from rental contracts: Three Months Ended July 31, Six Months Ended July 31, 2021 2020 2021 2020 (in thousands) Impairment losses (recoveries) on: Receivables from sales contracts $ 222 $ 377 $ 320 $ 520 Receivables from rental contracts 3 13 (30) 151 $ 225 $ 390 $ 290 $ 671

INVENTORIES

INVENTORIES	6 Months Ended
	Jul. 31, 2021
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES July 31, 2021 January 31, 2021 (in thousands) New equipment $ 238,116 $ 206,683 Used equipment 97,390 131,369 Parts and attachments 89,616 78,982 Work in process 1,987 1,424 $ 427,109 $ 418,458

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	6 Months Ended
	Jul. 31, 2021
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT July 31, 2021 January 31, 2021 (in thousands) Rental fleet equipment $ 82,695 $ 77,530 Machinery and equipment 23,410 23,354 Vehicles 57,638 55,884 Furniture and fixtures 43,294 43,678 Land, buildings, and leasehold improvements 103,062 90,730 310,099 291,176 Less accumulated depreciation 147,442 144,011 $ 162,657 $ 147,165 The Company reviews its long-lived assets for potential impairment whenever events or circumstances indicate that the carrying value of the long-lived asset (or asset group) may not be recoverable. During the three months ended July 31, 2021, the Company determined that a current period operating loss combined with historical losses of a certain business unit indicated that the long-lived asset group may not be recoverable. The Company performed an impairment assessment of this asset group and as a result an impairment charge of $0.4 million was recognized within its International segment for the three months ended July 31, 2021. The Company did not have any impairment charges for the three months ended July 31, 2020 . For the six months ended July 31, 2021

Intangible Assets, Goodwill and

Intangible Assets, Goodwill and Other	6 Months Ended
	Jul. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets Disclosure	INTANGIBLE ASSETS Indefinite-Lived Intangible Assets The Company's indefinite-lived intangible assets consist of distribution rights assets. The following is a summary of the changes in indefinite-lived intangible assets, by segment, for the six months ended July 31, 2021: Agriculture Construction International Total (in thousands) January 31, 2021 $ 6,265 $ 72 $ 1,161 $ 7,498 Foreign currency translation — — (22) (22) Impairment — — (1,139) (1,139) July 31, 2021 $ 6,265 $ 72 $ — $ 6,337 The Company performs at least an annual impairment testing of its indefinite-lived distribution rights intangible assets and, due to ongoing losses, an interim test was completed during the three months ended July 31, 2021 for our German distribution rights asset. Under the impairment test, the fair value of distribution rights intangible assets is estimated based on a multi-period excess earnings model, an income approach. This model allocates future estimated earnings of the store/complex amongst working capital, fixed assets and other intangible assets of the store/complex and any remaining earnings (the "excess earnings") are allocated to the distribution rights intangible assets. The earnings allocated to the distribution rights are then discounted to arrive at the present value of the future estimated excess earnings, which represents the estimated fair value of the distribution rights intangible asset. The discount rate applied reflects the Company's estimate of the weighted-average cost of capital of comparable companies plus an additional risk premium to reflect the additional risk inherent in the distribution rights asset.

LINES OF CREDIT _ FLOORPLAN PAY

LINES OF CREDIT / FLOORPLAN PAYABLE	6 Months Ended
	Jul. 31, 2021
Line of Credit Facility [Abstract]
LINES OF CREDIT / FLOORPLAN PAYABLE	LINES OF CREDIT On April 3, 2020, the Company entered into a Third Amended and Restated Credit Agreement (the "Bank Syndicate Agreement") with a group of banks that amended and restated the Company's prior $200.0 million credit facility, dated October 28, 2015. The Bank Syndicate Agreement provides for a secured credit facility in an amount up to $250.0 million, consisting of a $185.0 million floorplan facility (the "Floorplan Loan") and a $65.0 million operating line (the "Revolver Loan"), and changed the interest rates as compared to the prior credit facility, amongst other things. The amounts available under the Bank Syndicate Agreement are subject to borrowing base calculations and reduced by outstanding standby letters of credit and certain reserves. The Bank Syndicate Agreement includes a variable interest rate on outstanding balances, charges a 0.25% non-usage fee on the average monthly unused amount, and requires monthly payments of accrued interest. The Company elects at the time of any advance to choose a Base Rate Loan or a LIBOR Rate Loan. The LIBOR Rate is based upon one month, two month, or three month LIBOR, as chosen by the Company, but in no event shall the LIBOR Rate be less than zero. The Base Rate is the greater of (a) the prime rate of interest announced, from time to time, by Bank of America, (b) the Federal Funds Rate plus 0.5%, or (c) one month LIBOR plus 1%, but in no event shall the Base Rate be less than zero. The effective interest rate on the Company's borrowings is then calculated by adding an applicable margin to the LIBOR Rate or Base Rate. The applicable margin is determined based on excess availability under the Bank Syndicate Agreement and ranges from 0.5% to 1.0% for Base Rate Loans and 1.5% to 2.0% for LIBOR Rate Loans. On June 4, 2021, the Bank Syndicate Agreement was amended to add a benchmark replacement reference rate when the LIBOR Rate is no longer published. The identified replacement reference rate is the secured overnight financing rate (SOFR).The benchmark transition event will occur at the earliest of (i) the date all available Tenors of LIBOR have been permanently ceased to be reported, (ii) June 30, 2023, or (iii) any agreement by the banks party to the Bank Syndicate agreement and the Company to replace the LIBOR Rate. The SOFR rate is based upon one month, two month, three month, six month, and 12 month SOFR plus between 11.4 basis points and 71.5 basis points depending on the available tenor used. In no event shall the SOFR Rate be less than zero. The applicable margin rate is the same as outlined above for the LIBOR Rate Loans. The Company does not believe implementation of this new benchmark rate will have a material effect on its results of operations. In addition, the amendment reduced the current floor of the LIBOR Rate from 0.5% to 0.0% The Bank Syndicate Agreement does not obligate the Company to maintain financial covenants, except in the event that excess availability (as defined in the Bank Syndicate Agreement) is less than 15% of the lower of the borrowing base or the size of the maximum credit line, at which point the Company is required to maintain a fixed charge coverage ratio of at least 1.10:1.00. The Bank Syndicate Agreement includes various restrictions on the Company and its subsidiaries’ activities, including, under certain conditions, limitations on the Company’s ability to make certain cash payments including cash dividends and stock repurchases, issuance of equity instruments, acquisitions and divestitures, and entering into new indebtedness transactions. The Bank Syndicate Agreement matures on April 3, 2025. The Floorplan Loan under the Bank Syndicate Agreement is used to finance equipment inventory purchases. Amounts outstanding are recorded as floorplan payable, within current liabilities on the consolidated balance sheets as the Company intends to repay amounts borrowed within one year. The Revolver Loan under the Bank Syndicate Agreement is used to finance rental fleet equipment and for general working capital requirements of the Company. Amounts outstanding are recorded as long-term debt, within long-term liabilities on the consolidated balance sheets, as the Company does not intend or have the obligation to repay amounts borrowed within one year. As of July 31, 2021, the Company had floorplan lines of credit totaling $771.0 million, which is primarily comprised of three significant floorplan lines of credit: (i) a $450.0 million credit facility with CNH Industrial, (ii) a $185.0 million line of credit under the Bank Syndicate Agreement, and (iii) a $60.0 million credit facility with DLL Finance LLC. In August 2021, the Company entered into an amendment to the credit facility with DLL Finance LLC. The amendment reduced the available borrowings under this facility from $60.0 million to $50.0 million, increased the variable interest rate on outstanding balances from three-month LIBOR plus an applicable margin of 2.85% per annum to three-month LIBOR plus an applicable margin of 3.0% per annum, and eliminated the 0.15% non-utilization fee. DLL Finance LLC may terminate the facility in its sole discretion at any time. As of July 31, 2021 and January 31, 2021, the Company's outstanding balances of floorplan lines of credit consisted of the following: July 31, 2021 January 31, 2021 (in thousands) CNH Industrial $ 133,481 $ 86,792 DLL Finance 9,984 10,667 Other outstanding balances with manufacturers and non-manufacturers 42,084 64,376 $ 185,549 $ 161,835

LONG TERM DEBT (Notes)

LONG TERM DEBT (Notes)	6 Months Ended
	Jul. 31, 2021
Debt Disclosure [Abstract]
Long-term Debt [Text Block]	LONG TERM DEBT The following is a summary of long-term debt as of July 31, 2021 and January 31, 2021: Description Maturity Dates Interest Rates July 31, 2021 January 31, 2021 (in thousands) Mortgage loans, secured Various through May 2039 2.1% to 5.1% $ 42,734 $ 22,916 Sale-leaseback financing obligations Various through December 2030 3.4% to 10.3% 15,834 16,505 Vehicle loans, secured Various through June 2026 1.7% to 3.9% 10,511 9,999 Other January 2021 2.6% — 77 Total debt 69,079 49,497 Less: current maturities 5,455 4,591 Long-term debt, net $ 63,624 $ 44,906

DERIVATIVE INSTRUMENTS

DERIVATIVE INSTRUMENTS	6 Months Ended
	Jul. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS	DERIVATIVE INSTRUMENTS The Company holds derivative instruments for the purpose of minimizing exposure to fluctuations in foreign currency exchange rates to which the Company is exposed in the normal course of its operations. The Company uses foreign currency forward contracts to hedge the effects of fluctuations in exchange rates on outstanding intercompany loans. The Company does not formally designate and document such derivative instruments as hedging instruments; however, the instruments are an effective economic hedge of the underlying foreign currency exposure. Both the gain or loss on the derivative instrument and the offsetting gain or loss on the underlying intercompany loan are recognized in earnings immediately, thereby eliminating or reducing the impact of foreign currency exchange rate fluctuations on net income. The Company's foreign currency forward contracts generally have three-month maturities, maturing on the last day of each fiscal quarter. The notional value of outstanding foreign currency contracts as of January 31, 2021 was $8.0 million. There were no outstanding foreign currency contracts as of July 31, 2021. As of January 31, 2021, the fair value of the Company's outstanding derivative instruments was not material. Derivative instruments recognized as assets are recorded in prepaid expenses and other in the condensed consolidated balance sheets, and derivative instruments recognized as liabilities are recorded in accrued expenses and other in the condensed consolidated balance sheets. The following table sets forth the gains and losses recognized in income from the Company’s derivative instruments for the six months ended July 31, 2021 and 2020. Gains and losses are recognized in Interest and other income in the consolidated statements of operations: Three Months Ended July 31, Six Months Ended July 31, 2021 2020 2021 2020 (in thousands) Foreign currency contract gain (loss) $ 192 $ 202 $ (159) $ 189

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (Notes)	6 Months Ended
	Jul. 31, 2021
Accumulated Other Comprehensive Income [Abstract]
Comprehensive Income (Loss) Note [Text Block]	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following is a summary of the changes in accumulated other comprehensive income (loss), by component, for the periods ended July 31, 2021 and July 31, 2020: Foreign Currency Translation Adjustment Net Investment Hedging Gain Total Accumulated Other Comprehensive Income (Loss) (in thousands) Balance, January 31, 2021 $ (1,212) $ 2,711 $ 1,499 Other comprehensive loss (2,379) — (2,379) Balance, April 30, 2021 (3,591) 2,711 (880) Other comprehensive income 938 — 938 Balance, July 31, 2021 $ (2,653) $ 2,711 $ 58 Foreign Currency Translation Adjustment Net Investment Hedging Gain Total Accumulated Other Comprehensive Income (Loss) (in thousands) Balance, January 31, 2020 $ (5,931) $ 2,711 $ (3,220) Other comprehensive loss (528) — (528) Balance, April 30, 2020 (6,459) 2,711 (3,748) Other comprehensive income 778 — 778 Balance, July 31, 2020 $ (5,681) $ 2,711 $ (2,970)

LEASES (Notes)

LEASES (Notes)	6 Months Ended
	Jul. 31, 2021
Leases [Abstract]
Lease Disclosure [Text Block]	LEASES As Lessee The Company, as lessee, leases certain of its dealership locations, office space, equipment and vehicles under operating and financing classified leasing arrangements. The Company has elected to not record leases with a lease term at commencement of 12 months or less on the consolidated balance sheet; these leases are expensed on a straight-line basis over the lease term. Many real estate lease agreements require the Company to pay the real estate taxes on the properties during the lease term and require that the Company maintain property insurance on each of the leased premises. These payments are deemed to be variable lease payments as the amounts may change during the term of the lease. Certain leases include renewal options that can extend the lease term for periods of one to ten years. Most real estate leases grant the Company a right of first refusal or other options to purchase the real estate, generally at fair market value, either during the lease term or at its conclusion. In most cases, the Company has not included these renewal and purchase options within the measurement of the right-of-use asset and lease liability. Most often, the Company cannot readily determine the interest rate implicit in the lease and thus applies its incremental borrowing rate to capitalize the right-of-use asset and lease liability. The Company estimates its incremental borrowing rate by incorporating considerations of lease term, asset class and lease currency and geographical market. The Company's lease agreements do not contain any material non-lease components, residual value guarantees or material restrictive covenants. The Company subleases a small number of real estate assets to third-parties, primarily dealership locations for which it has ceased operations. All sublease arrangements are classified as operating leases. The components of lease expense were as follows: Three Months Ended July 31, Six Months Ended July 31, Classification 2021 2020 2021 2020 (in thousands) (in thousands) Finance lease cost: Amortization of leased assets Operating expenses $ 243 $ 389 $ 688 $ 781 Interest on lease liabilities Other interest expense 64 117 152 242 Operating lease cost Operating expenses and rental and other cost of revenue 3,735 4,325 7,501 8,788 Short-term lease cost Operating expenses 66 110 132 190 Variable lease cost Operating expenses 639 735 1,252 1,370 Sublease income Interest and other income (219) (131) (416) (283) $ 4,528 $ 5,545 $ 9,309 $ 11,088 Right-of-use lease assets and lease liabilities consist of the following: Classification July 31, 2021 January 31, 2021 (in thousands) Assets Operating lease assets Operating lease assets $ 66,934 $ 74,445 Finance lease assets (a) Property and equipment, net of accumulated depreciation 3,094 12,426 Total leased assets $ 70,028 $ 86,871 Liabilities Current Operating Current operating lease liabilities $ 10,755 $ 11,772 Finance Accrued expenses and other 851 9,823 Noncurrent Operating Operating lease liabilities 66,678 73,567 Finance Other long-term liabilities 2,288 2,911 Total lease liabilities $ 80,572 $ 98,073 (a) Finance lease assets are recorded net of accumulated amortization of $1.7 million as of July 31, 2021 and $3.0 million as of January 31, 2021. Maturities of lease liabilities as of July 31, 2021 are as follows: Operating Finance Leases Leases Total Fiscal Year Ended January 31, (in thousands) 2022 (remainder) $ 7,688 $ 553 $ 8,241 2023 14,527 928 15,455 2024 13,572 607 14,179 2025 13,033 525 13,558 2026 12,955 384 13,339 2027 12,212 351 12,563 Thereafter 21,026 774 21,800 Total lease payments 95,013 4,122 99,135 Less: Interest 17,580 983 18,563 Present value of lease liabilities $ 77,433 $ 3,139 $ 80,572 The weighted-average lease term and discount rate as of July 31, 2021 are as follows: July 31, 2021 Weighted-average remaining lease term (years): Operating leases 6.9 Financing leases 5.7 Weighted-average discount rate: Operating leases 6.1 % Financing leases 8.8 % As Lessor The Company rents equipment to customers, primarily in the Construction segment, on a short-term basis. Our rental arrangements generally do not include minimum, noncancellable periods as the lessee is entitled to cancel the arrangement at any time. Most often, our rental arrangements extend for periods ranging from a few days to a few months. We maintain a fleet of dedicated rental assets within our Construction segment and, within all segments, we may also provide short-term rentals of certain equipment inventory assets. Some rental arrangements may include rent-to-purchase options whereby customers are given a period of time to exercise an option to purchase the related equipment at an established price with any rental payments paid applied to reduce the purchase price. All of the Company's leasing arrangements as lessor are classified as operating leases. Rental revenue is recognized on a straight-line basis over the rental period. Rental revenue includes amounts charged for loss and damage insurance on rented equipment. In most cases, our rental arrangements include non-lease components, including delivery and pick-up services. The Company accounts for these non-lease components separate from the rental arrangement and recognizes the revenue associated with these components when the service is performed. The Company has elected to exclude from rental revenue all sales, value added and other taxes collected from our customers concurrent with our rental activities. Rental billings most often occur on a monthly basis and may be billed in advance or in arrears, thus creating unbilled rental receivables or deferred rental revenue amounts. The Company manages the residual value risk of its rented assets by (i) monitoring the quality, aging and anticipated retail market value of our rental fleet assets to determine the optimal period to remove an asset from the rental fleet, (ii) maintaining the quality of our assets through on-site parts and service support and (iii) requiring physical damage insurance of our lessee customers. We primarily dispose of our rental assets through the sale of the asset by our retail sales force. Revenue generated from leasing activities is disclosed, by segment, in Note 3. The following is the balance of our dedicated rental fleet assets, included in Property and equipment, net of accumulated depreciation in the consolidated balance sheet, of our Construction segment as of July 31, 2021 and January 31, 2021: July 31, 2021 January 31, 2021 (in thousands) Rental fleet equipment $ 82,695 $ 77,530 Less accumulated depreciation 28,373 28,916 $ 54,322 $ 48,614

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	6 Months Ended
	Jul. 31, 2021
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	FAIR VALUE MEASUREMENTS As of July 31, 2021 and January 31, 2021, the fair value of the Company's foreign currency contracts, which are either assets or liabilities measured at fair value on a recurring basis, was not material. These foreign currency contracts were valued using a discounted cash flow analysis, which is an income approach, utilizing readily observable market data as inputs, which is classified as a Level 2 fair value measurement. The Company also valued certain long-lived assets at fair value on a non-recurring basis as of January 31, 2021 as part of its long-lived asset impairment testing. The estimated fair value of such assets as of January 31, 2021 was $0.8 million. Fair value was estimated through an income approach incorporating both observable and unobservable inputs, and are deemed to be Level 3 fair value inputs. The most significant unobservable inputs include forecasted net cash generated from the use of the assets and the discount rate applied to such cash flows to arrive at a fair value estimate. In addition, in certain instances the Company estimated the fair value of long-lived assets to approximate zero as no future cash flows were assumed to be generated from the use of such assets and the expected value to be realized upon disposition was deemed to be nominal. The Company also has financial instruments that are not recorded at fair value in the consolidated balance sheets, including cash, receivables, payables and long-term debt. The carrying amounts of these financial instruments approximated their fair values as of July 31, 2021 and January 31, 2021. Fair value of these financial instruments was estimated based on Level 2 fair value inputs. The estimated fair value of the Company's Level 2 long-term debt, which is provided for disclosure purposes only, is as follows: July 31, 2021 January 31, 2021 (in thousands) Carrying amount 53,245 32,992 Fair value 54,600 34,185

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jul. 31, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES    Our effective tax rate was 28.0% and 22.8% for the three months ended July 31, 2021 and 2020, respectively and was 25.6% and 24.3% for the six months ended July 31, 2021 and 2020, respectively. The effective tax rate for the six months ended July 31, 2021 was benefited by the vesting of share-based compensation but was offset by the recognition of a valuation allowance on certain of our foreign deferred tax assets including recording a valuation allowance on the remaining deferred tax assets of our Germany entity. For the six months ended July 31, 2020, the effective tax rate benefited from a weakening Ukrainian currency but was offset by increased tax expense on the vesting of share-based compensation.

BUSINESS COMBINATIONS (Notes)

BUSINESS COMBINATIONS (Notes)	6 Months Ended
	Jul. 31, 2021
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	BUSINESS COMBINATIONS Fiscal 2021 On May 4, 2020, the Company acquired certain assets of HorizonWest Inc. This acquired CaseIH agriculture dealership complex consisted of three agriculture equipment stores in Scottsbluff and Sidney, Nebraska and Torrington, Wyoming, which expanded the Company's agriculture presence in Nebraska and into Wyoming. The total consideration paid for the acquired business was $6.8 million in cash. In connection with the acquisition, the Company acquired from CNH Industrial and certain other manufacturers equipment and parts inventory previously owned by HorizonWest Inc. Upon acquiring those inventories, the Company was offered floorplan financing by the manufacturer. In total, the Company acquired inventory and recognized a corresponding financing liability of $2.7 million. The recognition of these inventories and the associated financing liabilities are not included as part of the accounting for the business combination. Purchase Price Allocation The above acquisition has been accounted for under the acquisition method of accounting, which requires the Company to estimate the acquisition date fair value of the assets acquired and liabilities assumed. The accounting for the purchase price allocation was complete as of January 31, 2021. The following table presents the aggregate purchase price allocations for all acquisitions completed as of January 31, 2021: January 31, 2021 (in thousands) Assets acquired: Cash $ 1 Inventories 4,260 Prepaid expenses and other 48 Property and equipment 1,752 Operating lease assets 2,006 Intangible assets 245 Goodwill 484 8,796 Liabilities assumed: Current operating lease liabilities 159 Operating lease liabilities 1,847 2,006 Net assets acquired $ 6,790 Goodwill recognized by segment: Agriculture $ 484 Goodwill expected to be deductible for tax purposes $ 484 The recognition of goodwill in the above business combination arose from the acquisition of an assembled workforce and anticipated synergies expected to be realized. For the business combination occurring during the twelve months ended January 31, 2021, the Company recognized a non-competition intangible asset of $0.1 million and a distribution rights intangible asset of $0.2 million. The non-competition asset will be amortized over periods ranging from three to five years. The

CONTINGENCIES (Notes)

CONTINGENCIES (Notes)	6 Months Ended
	Jul. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 16 - CONTINGENCIES The Company is engaged in legal proceedings incidental to the normal course of business. Due to their nature, such legal proceedings involve inherent uncertainties, including but not limited to, court rulings, negotiations between affected parties and governmental intervention. Based upon the information available to the Company and discussions with legal counsel, it is the Company's opinion that the outcome of these various legal actions and claims will not have a material impact on it's financial position, results of operations or cash flows. These matters, however, are subject to many uncertainties, and the outcome of any matter is not predictable.

SEGMENT INFORMATION AND OPERATI

SEGMENT INFORMATION AND OPERATING RESULTS	6 Months Ended
	Jul. 31, 2021
Segment Reporting [Abstract]
SEGMENT INFORMATION AND OPERATING RESULTS	SEGMENT INFORMATION The Company has three reportable segments: Agriculture, Construction and International. Revenue between segments is immaterial. The Company retains various unallocated income/(expense) items and assets at the general corporate level, which the Company refers to as “Shared Resources” in the table below. Shared Resources assets primarily consist of cash and property and equipment. Certain financial information for each of the Company’s business segments is set forth below. Three Months Ended July 31, Six Months Ended July 31, 2021 2020 2021 2020 (in thousands) (in thousands) Revenue Agriculture $ 219,364 $ 169,072 $ 448,915 $ 362,700 Construction 80,943 77,719 149,550 137,833 International 77,323 56,674 151,869 113,140 Total $ 377,630 $ 303,465 $ 750,334 $ 613,673 Income (Loss) Before Income Taxes Agriculture $ 12,067 $ 6,752 $ 23,292 $ 12,914 Construction 2,815 1,375 2,953 (1,498) International 430 (432) 3,238 (711) Segment income before income taxes 15,312 7,695 29,483 10,705 Shared Resources 320 597 (172) 736 Total $ 15,632 $ 8,292 $ 29,311 $ 11,441 July 31, 2021 January 31, 2021 (in thousands) Total Assets Agriculture $ 380,000 $ 349,697 Construction 191,908 185,534 International 182,187 177,213 Segment assets 754,095 712,444 Shared Resources 85,276 103,345 Total $ 839,371 $ 815,789

BUSINESS ACTIVITY AND SIGNIFI_2

BUSINESS ACTIVITY AND SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jul. 31, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The unaudited consolidated financial statements included herein have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim reporting. Accordingly, they do not include all the information and footnotes required by accounting principles generally accepted in the United States of America (“GAAP”) for complete financial statements. In the opinion of management, all adjustments, consisting of normal recurring accruals, considered necessary for a fair presentation have been included. The quarterly operating results for Titan Machinery Inc. (the “Company”) are subject to fluctuation due to varying weather patterns, which may impact the timing and amount of equipment purchases, rentals, and after-sales parts and service purchases by the Company’s Agriculture, Construction and International customers. Therefore, operating results for the six-month period ended July 31, 2021 are not necessarily indicative of the results that may be expected for the fiscal year ending January 31, 2022. The information contained in the consolidated balance sheet as of January 31, 2021 was derived from the audited consolidated financial statements of the Company for the fiscal year then ended. These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2021 as filed with the SEC.
Estimates	Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates, particularly related to realization of inventory, impairment of long-lived assets, goodwill, or indefinite lived intangible assets, collectability of receivables, and income taxes.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All material accounts, transactions and profits between the consolidated companies have been eliminated in consolidation.
New Accounting Pronouncements	Accounting Guidance Not Yet Adopted In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update ("ASU") No. 2020-04 , Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
	Jul. 31, 2021
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The following table sets forth the calculation of basic and diluted Earnings Per Share (EPS): Three Months Ended July 31, Six Months Ended July 31, 2021 2020 2021 2020 (in thousands, except per share data) Numerator: Net income $ 11,249 $ 6,400 $ 21,796 $ 8,662 Allocation to participating securities (156) (101) (334) (129) Net income attributable to Titan Machinery Inc. common stockholders $ 11,093 $ 6,299 $ 21,462 $ 8,533 Denominator: Basic weighted-average common shares outstanding 22,261 22,118 22,209 22,068 Plus: incremental shares from vesting of restricted stock units 15 1 11 — Diluted weighted-average common shares outstanding 22,276 22,119 22,220 22,068 Earnings Per Share: Basic $ 0.50 $ 0.28 $ 0.97 $ 0.39 Diluted $ 0.50 $ 0.28 $ 0.97 $ 0.39

REVENUE (Tables)

REVENUE (Tables)	6 Months Ended
	Jul. 31, 2021
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue [Table Text Block]	The following tables present our revenue disaggregated by revenue source and segment: Three Months Ended July 31, 2021 Three Months Ended July 31, 2020 Agriculture Construction International Total Agriculture Construction International Total (in thousands) (in thousands) Equipment $ 156,408 $ 54,020 $ 62,305 $ 272,733 $ 110,601 $ 48,478 $ 43,575 $ 202,654 Parts 40,742 11,928 12,647 65,317 37,470 13,016 10,968 61,454 Service 21,150 6,585 1,941 29,676 19,429 6,806 1,751 27,986 Other 758 490 188 1,436 829 725 119 1,673 Revenue from contracts with customers 219,058 73,023 77,081 369,162 168,329 69,025 56,413 293,767 Rental 306 7,920 242 8,468 743 8,694 261 9,698 Total revenues $ 219,364 $ 80,943 $ 77,323 $ 377,630 $ 169,072 $ 77,719 $ 56,674 $ 303,465 Six Months Ended July 31, 2021 Six Months Ended July 31, 2020 Agriculture Construction International Total Agriculture Construction International Total (in thousands) (in thousands) Equipment $ 325,664 $ 98,832 $ 124,217 $ 548,713 $ 250,349 $ 82,732 $ 88,078 $ 421,159 Parts 80,425 24,036 23,481 127,942 72,550 24,476 21,042 118,068 Service 40,904 12,954 3,521 57,379 37,150 13,017 3,419 53,586 Other 1,478 855 281 2,614 1,562 1,243 223 3,028 Revenue from contracts with customers 448,471 136,677 151,500 736,648 361,611 121,468 112,762 595,841 Rental 444 12,873 369 13,686 1,089 16,365 378 17,832 Total revenues $ 448,915 $ 149,550 $ 151,869 $ 750,334 $ 362,700 $ 137,833 $ 113,140 $ 613,673

RECEIVABLES (Tables)

RECEIVABLES (Tables)	6 Months Ended
	Jul. 31, 2021
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	July 31, 2021 January 31, 2021 (in thousands) Trade and unbilled receivables from contracts with customers Trade receivables due from customers $ 35,859 $ 31,664 Unbilled receivables 20,050 12,909 Less allowance for expected credit losses 2,721 2,994 53,188 41,579 Trade receivables due from finance companies 14,491 14,133 Trade and unbilled receivables from rental contracts Trade receivables 5,034 4,329 Unbilled receivables 924 520 Less allowance for expected credit losses 1,843 1,939 4,115 2,910 Other receivables Due from manufacturers 8,642 8,720 Other 1,632 1,767 10,274 10,487 Receivables, net of allowance for expected credit losses $ 82,068 $ 69,109
Impaired Financing Receivables [Table Text Block]	The following table presents impairment losses (recoveries) on receivables arising from sales contracts with customers and receivables arising from rental contracts: Three Months Ended July 31, Six Months Ended July 31, 2021 2020 2021 2020 (in thousands) Impairment losses (recoveries) on: Receivables from sales contracts $ 222 $ 377 $ 320 $ 520 Receivables from rental contracts 3 13 (30) 151 $ 225 $ 390 $ 290 $ 671
Accounts Receivable, Allowance for Credit Loss	Following is a summary of allowance for credit losses on trade and unbilled accounts receivable by segment: Agriculture Construction International Total (in thousands) Balance at January 31, 2021 $ 228 $ 1,074 $ 1,690 $ 2,992 Current expected credit loss provision 30 68 (2) 96 Write-offs charged against allowance 17 84 38 139 Credit loss recoveries collected — 4 — 4 Foreign exchange impact — — (50) (50) Balance at April 30, 2021 241 1,062 1,600 2,903 Current expected credit loss provision 84 50 (225) (91) Write-offs charged against allowance 33 64 21 118 Credit loss recoveries collected 7 1 — 8 Foreign exchange impact — — 19 19 Balance at July 31, 2021 $ 299 $ 1,049 $ 1,373 $ 2,721 Agriculture Construction International Total (in thousands) Balance at February 1, 2020 $ 181 $ 1,016 $ 1,746 $ 2,943 Current expected credit loss provision 14 113 226 353 Write-offs charged against allowance 5 71 133 209 Credit loss recoveries collected 40 4 6 50 Foreign exchange impact — — (29) (29) Balance at April 30, 2020 230 1,062 1,816 3,108 Current expected credit loss provision 16 95 265 376 Write-offs charged against allowance 47 78 98 223 Credit loss recoveries collected 9 — — 9 Foreign exchange impact — — 23 23 Balance at July 31, 2020 $ 208 $ 1,079 $ 2,006 $ 3,293

INVENTORIES (Tables)

INVENTORIES (Tables)	6 Months Ended
	Jul. 31, 2021
Inventory Disclosure [Abstract]
Schedule of inventories	July 31, 2021 January 31, 2021 (in thousands) New equipment $ 238,116 $ 206,683 Used equipment 97,390 131,369 Parts and attachments 89,616 78,982 Work in process 1,987 1,424 $ 427,109 $ 418,458

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	6 Months Ended
	Jul. 31, 2021
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	PROPERTY AND EQUIPMENT July 31, 2021 January 31, 2021 (in thousands) Rental fleet equipment $ 82,695 $ 77,530 Machinery and equipment 23,410 23,354 Vehicles 57,638 55,884 Furniture and fixtures 43,294 43,678 Land, buildings, and leasehold improvements 103,062 90,730 310,099 291,176 Less accumulated depreciation 147,442 144,011 $ 162,657 $ 147,165

Intangible Assets, Goodwill a_2

Intangible Assets, Goodwill and Other (Tables)	6 Months Ended
	Jul. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Impaired Intangible Assets	The following is a summary of the changes in indefinite-lived intangible assets, by segment, for the six months ended July 31, 2021: Agriculture Construction International Total (in thousands) January 31, 2021 $ 6,265 $ 72 $ 1,161 $ 7,498 Foreign currency translation — — (22) (22) Impairment — — (1,139) (1,139) July 31, 2021 $ 6,265 $ 72 $ — $ 6,337

LINES OF CREDIT _ FLOORPLAN P_2

LINES OF CREDIT / FLOORPLAN PAYABLE Summary of Outstanding Amounts (Tables)	6 Months Ended
	Jul. 31, 2021
Line of Credit Facility [Abstract]
Schedule of Line of Credit Facilities [Table Text Block]	July 31, 2021 January 31, 2021 (in thousands) CNH Industrial $ 133,481 $ 86,792 DLL Finance 9,984 10,667 Other outstanding balances with manufacturers and non-manufacturers 42,084 64,376 $ 185,549 $ 161,835

LONG TERM DEBT (Tables)

LONG TERM DEBT (Tables)	6 Months Ended
	Jul. 31, 2021
Debt Instrument [Line Items]
Schedule of Long-term Debt Instruments [Table Text Block]	The following is a summary of long-term debt as of July 31, 2021 and January 31, 2021: Description Maturity Dates Interest Rates July 31, 2021 January 31, 2021 (in thousands) Mortgage loans, secured Various through May 2039 2.1% to 5.1% $ 42,734 $ 22,916 Sale-leaseback financing obligations Various through December 2030 3.4% to 10.3% 15,834 16,505 Vehicle loans, secured Various through June 2026 1.7% to 3.9% 10,511 9,999 Other January 2021 2.6% — 77 Total debt 69,079 49,497 Less: current maturities 5,455 4,591 Long-term debt, net $ 63,624 $ 44,906

DERIVATIVE INSTRUMENTS (Tables)

DERIVATIVE INSTRUMENTS (Tables)	6 Months Ended
	Jul. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of gains and losses recognized on derivative instruments	The following table sets forth the gains and losses recognized in income from the Company’s derivative instruments for the six months ended July 31, 2021 and 2020. Gains and losses are recognized in Interest and other income in the consolidated statements of operations: Three Months Ended July 31, Six Months Ended July 31, 2021 2020 2021 2020 (in thousands) Foreign currency contract gain (loss) $ 192 $ 202 $ (159) $ 189

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME AOCI (Tables)	6 Months Ended
	Jul. 31, 2021
Accumulated Other Comprehensive Income [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The following is a summary of the changes in accumulated other comprehensive income (loss), by component, for the periods ended July 31, 2021 and July 31, 2020: Foreign Currency Translation Adjustment Net Investment Hedging Gain Total Accumulated Other Comprehensive Income (Loss) (in thousands) Balance, January 31, 2021 $ (1,212) $ 2,711 $ 1,499 Other comprehensive loss (2,379) — (2,379) Balance, April 30, 2021 (3,591) 2,711 (880) Other comprehensive income 938 — 938 Balance, July 31, 2021 $ (2,653) $ 2,711 $ 58 Foreign Currency Translation Adjustment Net Investment Hedging Gain Total Accumulated Other Comprehensive Income (Loss) (in thousands) Balance, January 31, 2020 $ (5,931) $ 2,711 $ (3,220) Other comprehensive loss (528) — (528) Balance, April 30, 2020 (6,459) 2,711 (3,748) Other comprehensive income 778 — 778 Balance, July 31, 2020 $ (5,681) $ 2,711 $ (2,970)

LEASES (Tables)

LEASES (Tables)	6 Months Ended
	Jul. 31, 2021
Leases [Abstract]
Lease, Cost [Table Text Block]	The components of lease expense were as follows: Three Months Ended July 31, Six Months Ended July 31, Classification 2021 2020 2021 2020 (in thousands) (in thousands) Finance lease cost: Amortization of leased assets Operating expenses $ 243 $ 389 $ 688 $ 781 Interest on lease liabilities Other interest expense 64 117 152 242 Operating lease cost Operating expenses and rental and other cost of revenue 3,735 4,325 7,501 8,788 Short-term lease cost Operating expenses 66 110 132 190 Variable lease cost Operating expenses 639 735 1,252 1,370 Sublease income Interest and other income (219) (131) (416) (283) $ 4,528 $ 5,545 $ 9,309 $ 11,088
Summary of Lease Assets and Liabilities [Table Text Block]	Right-of-use lease assets and lease liabilities consist of the following: Classification July 31, 2021 January 31, 2021 (in thousands) Assets Operating lease assets Operating lease assets $ 66,934 $ 74,445 Finance lease assets (a) Property and equipment, net of accumulated depreciation 3,094 12,426 Total leased assets $ 70,028 $ 86,871 Liabilities Current Operating Current operating lease liabilities $ 10,755 $ 11,772 Finance Accrued expenses and other 851 9,823 Noncurrent Operating Operating lease liabilities 66,678 73,567 Finance Other long-term liabilities 2,288 2,911 Total lease liabilities $ 80,572 $ 98,073 (a) Finance lease assets are recorded net of accumulated amortization of $1.7 million as of July 31, 2021 and $3.0 million as of January 31, 2021.
Summary of Lease Maturities [Table Text Block]	Maturities of lease liabilities as of July 31, 2021 are as follows: Operating Finance Leases Leases Total Fiscal Year Ended January 31, (in thousands) 2022 (remainder) $ 7,688 $ 553 $ 8,241 2023 14,527 928 15,455 2024 13,572 607 14,179 2025 13,033 525 13,558 2026 12,955 384 13,339 2027 12,212 351 12,563 Thereafter 21,026 774 21,800 Total lease payments 95,013 4,122 99,135 Less: Interest 17,580 983 18,563 Present value of lease liabilities $ 77,433 $ 3,139 $ 80,572
Weighted-Average Lease Term and Discount Rate [Table Text Block]	The weighted-average lease term and discount rate as of July 31, 2021 are as follows: July 31, 2021 Weighted-average remaining lease term (years): Operating leases 6.9 Financing leases 5.7 Weighted-average discount rate: Operating leases 6.1 % Financing leases 8.8 %
Rental Fleet Assets [Table Text Block]	The following is the balance of our dedicated rental fleet assets, included in Property and equipment, net of accumulated depreciation in the consolidated balance sheet, of our Construction segment as of July 31, 2021 and January 31, 2021: July 31, 2021 January 31, 2021 (in thousands) Rental fleet equipment $ 82,695 $ 77,530 Less accumulated depreciation 28,373 28,916 $ 54,322 $ 48,614

FAIR VALUE OF FINANCIAL INSTR_2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
	Jul. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value Disclosure of Asset and Liability Not Measured at Fair Value	The estimated fair value of the Company's Level 2 long-term debt, which is provided for disclosure purposes only, is as follows: July 31, 2021 January 31, 2021 (in thousands) Carrying amount 53,245 32,992 Fair value 54,600 34,185

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables)	6 Months Ended
	Jul. 31, 2021
Business Acquisition [Line Items]
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	The following table presents the aggregate purchase price allocations for all acquisitions completed as of January 31, 2021: January 31, 2021 (in thousands) Assets acquired: Cash $ 1 Inventories 4,260 Prepaid expenses and other 48 Property and equipment 1,752 Operating lease assets 2,006 Intangible assets 245 Goodwill 484 8,796 Liabilities assumed: Current operating lease liabilities 159 Operating lease liabilities 1,847 2,006 Net assets acquired $ 6,790 Goodwill recognized by segment: Agriculture $ 484 Goodwill expected to be deductible for tax purposes $ 484

SEGMENT INFORMATION AND OPERA_2

SEGMENT INFORMATION AND OPERATING RESULTS (Tables)	6 Months Ended
	Jul. 31, 2021
Segment Reporting [Abstract]
Schedule of financial information of business segments	Certain financial information for each of the Company’s business segments is set forth below. Three Months Ended July 31, Six Months Ended July 31, 2021 2020 2021 2020 (in thousands) (in thousands) Revenue Agriculture $ 219,364 $ 169,072 $ 448,915 $ 362,700 Construction 80,943 77,719 149,550 137,833 International 77,323 56,674 151,869 113,140 Total $ 377,630 $ 303,465 $ 750,334 $ 613,673 Income (Loss) Before Income Taxes Agriculture $ 12,067 $ 6,752 $ 23,292 $ 12,914 Construction 2,815 1,375 2,953 (1,498) International 430 (432) 3,238 (711) Segment income before income taxes 15,312 7,695 29,483 10,705 Shared Resources 320 597 (172) 736 Total $ 15,632 $ 8,292 $ 29,311 $ 11,441 July 31, 2021 January 31, 2021 (in thousands) Total Assets Agriculture $ 380,000 $ 349,697 Construction 191,908 185,534 International 182,187 177,213 Segment assets 754,095 712,444 Shared Resources 85,276 103,345 Total $ 839,371 $ 815,789

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Earnings Per Share [Abstract]
Net Income (Loss) Attributable to Parent	$ 11,249	$ 6,400	$ 21,796	$ 8,662
Participating Securities, Distributed and Undistributed Earnings (Loss), Basic	156	101	334	129
Net Income (Loss) Available to Common Stockholders, Basic	$ 11,093	$ 6,299	$ 21,462	$ 8,533
Basic weighted-average common shares outstanding	22,261	22,118	22,209	22,068
Weighted Average Number Diluted Shares Outstanding Adjustment	15	1	11
Weighted Average Number of Shares Outstanding, Diluted	22,276	22,119	22,220	22,068
Earnings Per Share, Basic	$ 0.50	$ 0.28	$ 0.97	$ 0.39
Earnings Per Share, Diluted	$ 0.50	$ 0.28	$ 0.97	$ 0.39

REVENUE (Details)

REVENUE (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Disaggregation of Revenue [Line Items]
Revenues	$ 377,630	$ 303,465	$ 750,334	$ 613,673
Revenue from Contracts with Customers [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	369,162	293,767	736,648	595,841
Other Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,436	1,673	2,614	3,028
Service Sales [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	29,676	27,986	57,379	53,586
Sales of Parts [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	65,317	61,454	127,942	118,068
Sales of Equipment [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	272,733	202,654	548,713	421,159
Rental
Disaggregation of Revenue [Line Items]
Revenues	8,468	9,698	13,686	17,832
Operating Segments [Member] | Agricultural Segment [Member]
Disaggregation of Revenue [Line Items]
Revenues	219,364	169,072	448,915	362,700
Operating Segments [Member] | Agricultural Segment [Member] | Revenue from Contracts with Customers [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	219,058	168,329	448,471	361,611
Operating Segments [Member] | Agricultural Segment [Member] | Other Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	758	829	1,478	1,562
Operating Segments [Member] | Agricultural Segment [Member] | Service Sales [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	21,150	19,429	40,904	37,150
Operating Segments [Member] | Agricultural Segment [Member] | Sales of Parts [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	40,742	37,470	80,425	72,550
Operating Segments [Member] | Agricultural Segment [Member] | Sales of Equipment [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	156,408	110,601	325,664	250,349
Operating Segments [Member] | Agricultural Segment [Member] | Rental
Disaggregation of Revenue [Line Items]
Revenues	306	743	444	1,089
Operating Segments [Member] | International [Member]
Disaggregation of Revenue [Line Items]
Revenues	77,323	56,674	151,869	113,140
Operating Segments [Member] | International [Member] | Revenue from Contracts with Customers [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	77,081	56,413	151,500	112,762
Operating Segments [Member] | International [Member] | Other Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	188	119	281	223
Operating Segments [Member] | International [Member] | Service Sales [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,941	1,751	3,521	3,419
Operating Segments [Member] | International [Member] | Sales of Parts [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	12,647	10,968	23,481	21,042
Operating Segments [Member] | International [Member] | Sales of Equipment [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	62,305	43,575	124,217	88,078
Operating Segments [Member] | International [Member] | Rental
Disaggregation of Revenue [Line Items]
Revenues	242	261	369	378
Operating Segments [Member] | Construction Segment [Member]
Disaggregation of Revenue [Line Items]
Revenues	80,943	77,719	149,550	137,833
Operating Segments [Member] | Construction Segment [Member] | Revenue from Contracts with Customers [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	73,023	69,025	136,677	121,468
Operating Segments [Member] | Construction Segment [Member] | Other Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	490	725	855	1,243
Operating Segments [Member] | Construction Segment [Member] | Service Sales [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	6,585	6,806	12,954	13,017
Operating Segments [Member] | Construction Segment [Member] | Sales of Parts [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	11,928	13,016	24,036	24,476
Operating Segments [Member] | Construction Segment [Member] | Sales of Equipment [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	54,020	48,478	98,832	82,732
Operating Segments [Member] | Construction Segment [Member] | Rental
Disaggregation of Revenue [Line Items]
Revenues	$ 7,920	$ 8,694	$ 12,873	$ 16,365

REVENUE Unbilled Receivables (D

REVENUE Unbilled Receivables (Details) - USD ($) $ in Thousands	Jul. 31, 2021	Jan. 31, 2021
Revenue from Contract with Customer [Abstract]
Unbilled Receivables, Current	$ 20,100	$ 12,900

REVENUE Deferred Revenue (Detai

REVENUE Deferred Revenue (Details) - USD ($)	6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jan. 31, 2021
Deferred Revenue Arrangement [Line Items]
Deferred Revenue, Revenue Recognized	$ 50,800,000	$ 37,000,000
Deferred Revenue from Contracts with Customers [Member]
Deferred Revenue Arrangement [Line Items]
Deferred Revenue	$ 37,100,000		$ 57,700,000

RECEIVABLES (Details)

RECEIVABLES (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jul. 31, 2021	Apr. 30, 2021	Jul. 31, 2020	Apr. 30, 2020	Jul. 31, 2021	Jul. 31, 2020	Jan. 31, 2021	Feb. 01, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenue from Contracts with Customers, Impairment Loss	$ 222		$ 377		$ 320	$ 520
Rental Contract, Impairment Loss	3		13		(30)	151
Accounts Receivable, Allowance for Credit Loss							$ (2,992)	$ (2,943)
Accounts Receivable, after Allowance for Credit Loss, Current	82,068				82,068		69,109
Unbilled Receivables, Current	20,100				20,100		12,900
Accounts Receivable, Allowance for Credit Loss, Writeoff	118	$ 139	223	$ 209
Accounts Receivable, Credit Loss Expense (Reversal)	(91)	96	376	353
Accounts Receivable, Allowance for Credit Loss, Recovery	8	4	9	50
Financing Receivable, Allowance for Credit Loss, Foreign Currency Translation	19	(50)	23	(29)
Impaired Financing Receivables	225		390		290	671
Accounting Standards Update 2016-13
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Allowance for Credit Loss	(2,721)	(2,903)	(3,293)	(3,108)	(2,721)	(3,293)
Trade Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, before Allowance for Credit Loss, Current	35,859				35,859		31,664
Unbilled Receivables from Operating Leases and Rental Contracts [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, before Allowance for Credit Loss, Current	924				924		520
Accounts Receivable, Allowance for Credit Loss	(2,721)				(2,721)		(2,994)
Accounts Receivable, after Allowance for Credit Loss, Current	53,188				53,188		41,579
Unbilled Receivables, Current	20,050				20,050		12,909
Trade Receivables due from Finance Companies [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, before Allowance for Credit Loss, Current	14,491				14,491		14,133
Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, before Allowance for Credit Loss, Current	5,034				5,034		4,329
Receivables due from Manufacturers [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, before Allowance for Credit Loss, Current	8,642				8,642		8,720
Other Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, before Allowance for Credit Loss, Current	1,632				1,632		1,767
Accounts Receivable, after Allowance for Credit Loss, Current	10,274				10,274		10,487
Trade And Unbilled Receivables From Rental Contracts
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Allowance for Credit Loss	(1,843)				(1,843)		(1,939)
Accounts Receivable, after Allowance for Credit Loss, Current	4,115				4,115		2,910
Agricultural Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Allowance for Credit Loss	(299)	(241)	(208)	(230)	(299)	(208)	(228)	(181)
Accounts Receivable, Allowance for Credit Loss, Writeoff	33	17	47	5
Accounts Receivable, Credit Loss Expense (Reversal)	84	30	16	14
Accounts Receivable, Allowance for Credit Loss, Recovery	7	0	9	40
International [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Allowance for Credit Loss	(1,373)	(1,600)	(2,006)	(1,816)	(1,373)	(2,006)	(1,690)	(1,746)
Accounts Receivable, Allowance for Credit Loss, Writeoff	21	38	98	133
Accounts Receivable, Credit Loss Expense (Reversal)	(225)	(2)	265	226
Accounts Receivable, Allowance for Credit Loss, Recovery		0		6
Financing Receivable, Allowance for Credit Loss, Foreign Currency Translation	19	(50)	23	(29)
Construction Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Allowance for Credit Loss	(1,049)	(1,062)	(1,079)	(1,062)	$ (1,049)	$ (1,079)	$ (1,074)	$ (1,016)
Accounts Receivable, Allowance for Credit Loss, Writeoff	64	84	78	71
Accounts Receivable, Credit Loss Expense (Reversal)	50	68	$ 95	113
Accounts Receivable, Allowance for Credit Loss, Recovery	$ 1	$ 4		$ 4

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Thousands	Jul. 31, 2021	Jan. 31, 2021
Inventory Disclosure [Abstract]
New equipment	$ 238,116	$ 206,683
Used equipment	97,390	131,369
Parts and attachments	89,616	78,982
Work in process	1,987	1,424
Inventories	$ 427,109	$ 418,458

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($)	6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jan. 31, 2021
PROPERTY AND EQUIPMENT
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, before Accumulated Depreciation and Amortization	$ 310,099,000		$ 291,176,000
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, Accumulated Depreciation and Amortization	147,442,000		144,011,000
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization	162,657,000		147,165,000
Impairment	1,498,000	$ 216,000
Rental fleet equipment
PROPERTY AND EQUIPMENT
Property and equipment, gross	82,695,000		77,530,000
Machinery and equipment
PROPERTY AND EQUIPMENT
Property and equipment, gross	23,410,000		23,354,000
Vehicles
PROPERTY AND EQUIPMENT
Property and equipment, gross	57,638,000		55,884,000
Furniture and fixtures
PROPERTY AND EQUIPMENT
Property and equipment, gross	43,294,000		43,678,000
Land, Buildings and Improvements
PROPERTY AND EQUIPMENT
Property and equipment, gross	103,062,000		90,730,000
Agricultural Segment [Member]
PROPERTY AND EQUIPMENT
Impairment	400,000
Construction Segment [Member]
PROPERTY AND EQUIPMENT
Impairment		$ 200,000
Construction Segment [Member] | Rental fleet equipment
PROPERTY AND EQUIPMENT
Property and equipment, gross	$ 82,695,000		$ 77,530,000

Intangible Assets, Goodwill a_3

Intangible Assets, Goodwill and Other (Details) - USD ($) $ in Thousands	6 Months Ended
	Jul. 31, 2021	Jan. 31, 2021
Indefinite-lived Intangible Assets [Line Items]
Other Indefinite-lived Intangible Assets	$ 6,337	$ 7,498
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	(1,139)
Other Intangible Assets
Indefinite-lived Intangible Assets [Line Items]
Translation Adjustment Functional to Reporting Currency, Net of Tax, Period Increase (Decrease)	(22)
Agricultural Segment [Member]
Indefinite-lived Intangible Assets [Line Items]
Other Indefinite-lived Intangible Assets	6,265	6,265
Construction Segment [Member]
Indefinite-lived Intangible Assets [Line Items]
Other Indefinite-lived Intangible Assets	72	72
International [Member]
Indefinite-lived Intangible Assets [Line Items]
Other Indefinite-lived Intangible Assets	0	$ 1,161
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	$ (1,139)

LINES OF CREDIT _ FLOORPLAN P_3

LINES OF CREDIT / FLOORPLAN PAYABLE (Details) $ in Thousands	6 Months Ended
	Jul. 31, 2021USD ($)	Jan. 31, 2021USD ($)
LINES OF CREDIT / FLOORPLAN NOTES PAYABLE
Maximum borrowing capacity	$ 250,000	$ 200,000
Floorplan Notes Payable	185,549	161,835
Compensating Balance, Amount	$ 5,000
Line of Credit Facility, Covenant Compliance, Minimum Fixed Charge Coverage Ratio	1.10
Floorplan Line of Credit
LINES OF CREDIT / FLOORPLAN NOTES PAYABLE
Amount outstanding	$ 185,549	161,835
Non-Interest Bearing Floorplan Line of Credit [Member]
LINES OF CREDIT / FLOORPLAN NOTES PAYABLE
Floorplan Notes Payable	148,700	$ 98,800
Credit Facility
LINES OF CREDIT / FLOORPLAN NOTES PAYABLE
Maximum borrowing capacity	$ 771,000
Credit Facility | Non-US [Member]
LINES OF CREDIT / FLOORPLAN NOTES PAYABLE
Debt Instrument, Interest Rate, Stated Percentage	1.40%	1.40%
Credit Facility | Maximum [Member] | Non-US [Member]
LINES OF CREDIT / FLOORPLAN NOTES PAYABLE
Debt Instrument, Interest Rate, Stated Percentage	4.79%	4.82%
Bank Syndicate [Domain]
LINES OF CREDIT / FLOORPLAN NOTES PAYABLE
Maximum borrowing capacity	$ 65,000
Bank Syndicate Floorplan
LINES OF CREDIT / FLOORPLAN NOTES PAYABLE
Maximum borrowing capacity	185,000
CNH Industrial Capital Credit Facility | Credit Facility
LINES OF CREDIT / FLOORPLAN NOTES PAYABLE
Maximum borrowing capacity	450,000
DLL Finance LLC [Member] | Credit Facility
LINES OF CREDIT / FLOORPLAN NOTES PAYABLE
Maximum borrowing capacity	60,000
Bank Syndicate [Domain] | Credit Facility
LINES OF CREDIT / FLOORPLAN NOTES PAYABLE
Maximum borrowing capacity	185,000
CNH Industrial Capital Credit Facility | Floorplan Line of Credit
LINES OF CREDIT / FLOORPLAN NOTES PAYABLE
Amount outstanding	133,481	$ 86,792
DLL Finance LLC [Member] | Floorplan Line of Credit
LINES OF CREDIT / FLOORPLAN NOTES PAYABLE
Amount outstanding	9,984	10,667
Other Affiliates [Member] | Floorplan Line of Credit
LINES OF CREDIT / FLOORPLAN NOTES PAYABLE
Amount outstanding	$ 42,084	$ 64,376

LONG TERM DEBT (Details)

LONG TERM DEBT (Details) - USD ($) $ in Thousands	Jul. 31, 2021	Jan. 31, 2021
Debt Instrument [Line Items]
Long-term Debt	$ 69,079	$ 49,497
Long-term Debt, Current Maturities	5,455	4,591
Long-term Debt, Excluding Current Maturities	63,624	44,906
Mortgages
Debt Instrument [Line Items]
Notes and Loans Payable	42,734	22,916
Sale-leaseback Financing Obligation
Debt Instrument [Line Items]
Notes and Loans Payable	15,834	16,505
Secured Debt
Debt Instrument [Line Items]
Notes and Loans Payable	10,511	9,999
Loans Payable
Debt Instrument [Line Items]
Long-term Debt	53,245	32,992
Notes and Loans Payable	$ 0	$ 77

DERIVATIVE INSTRUMENTS (Details

DERIVATIVE INSTRUMENTS (Details 1) $ in Millions	Jan. 31, 2021USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative, Notional Amount	$ 8

DERIVATIVE INSTRUMENTS DERIVATE

DERIVATIVE INSTRUMENTS DERIVATE INSTRUMENTS (Details 3) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Foreign currency contracts | Not designated as hedging instruments
Derivative Instruments, Gain (Loss)
Foreign currency contract gain (loss)	$ 192	$ 202	$ (159)	$ 189

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME AOCI (Details) - USD ($) $ in Thousands	3 Months Ended
	Jul. 31, 2021	Apr. 30, 2021	Jul. 31, 2020	Apr. 30, 2020	Jan. 31, 2021	Jan. 31, 2020
Accumulated Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax	$ (2,653)	$ (3,591)	$ (5,681)	$ (6,459)	$ (1,212)	$ (5,931)
Derivatives used in Net Investment Hedge, Net of Tax	2,711	2,711	2,711	2,711	2,711	2,711
Accumulated Other Comprehensive Income (Loss), Net of Tax	58	(880)	(2,970)	(3,748)	$ 1,499	$ (3,220)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss), before Reclassification and Tax	938	(2,379)	778	(528)
Other Comprehensive Income (Loss), before Reclassifications, before Tax	$ 938	$ (2,379)	$ 778	$ (528)

LEASES (Details)

LEASES (Details) - Construction Segment [Member] - Rental Fleet Equipment [Member] - USD ($) $ in Thousands	Jul. 31, 2021	Jan. 31, 2021
Property, Plant and Equipment [Line Items]
Property and equipment, net of accumulated depreciation	$ 54,322	$ 48,614
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$ 28,373	$ 28,916

LEASES Lease Expense (Details)

LEASES Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Leases [Abstract]
Finance Lease, Right-of-Use Asset, Amortization	$ 243	$ 389	$ 688	$ 781
Finance Lease, Interest Expense	64	117	152	242
Operating Lease, Cost	3,735	4,325	7,501	8,788
Short-term Lease, Cost	66	110	132	190
Variable Lease, Cost	639	735	1,252	1,370
Sublease Income	(219)	(131)	(416)	(283)
Lease, Cost	$ 4,528	$ 5,545	$ 9,309	$ 11,088

LEASES ROU Assets and Lease Lia

LEASES ROU Assets and Lease Liabilities (Details) - USD ($)	Jul. 31, 2021	Jan. 31, 2021
Leases [Abstract]
Operating Lease, Right-of-Use Asset	$ 66,934,000	$ 74,445,000
Finance Lease, Right-of-Use Asset	3,094,000	12,426,000
Lessee, Right-Of-Use Asset	70,028,000	86,871,000
Operating Lease, Liability, Current	10,755,000	11,772,000
Finance Lease, Liability, Current	851,000	9,823,000
Operating Lease, Liability, Noncurrent	66,678,000	73,567,000
Finance Lease, Liability, Noncurrent	2,288,000	2,911,000
Lessee, Lease Liability	$ 80,572,000	$ 98,073,000

LEASES Maturities of Lease Liab

LEASES Maturities of Lease Liabilities (Details) $ in Thousands	Jul. 31, 2021USD ($)
Leases [Abstract]
Lessee, Operating Lease, Liability, Payments, Remainder of Fiscal Year	$ 7,688
Finance Lease, Liability, Payments, Remainder of Fiscal Year	553
Lessee, Liability, Payments, Remainder of Fiscal Year	8,241
Lessee, Operating Lease, Liability, Payments, Due Next Twelve Months	14,527
Finance Lease, Liability, Payments, Due Next Twelve Months	928
Lessee, Liability, Payments, Due Next Twelve Months	15,455
Lessee, Operating Lease, Liability, Payments, Due Year Two	13,572
Finance Lease, Liability, Payments, Due Year Two	607
Lessee, Liability, Payments, Due Year Two	14,179
Lessee, Operating Lease, Liability, Payments, Due Year Three	13,033
Finance Lease, Liability, Payments, Due Year Three	525
Lessee, Liability, Payments, Due Year Three	13,558
Lessee, Operating Lease, Liability, Payments, Due Year Four	12,955
Finance Lease, Liability, Payments, Due Year Four	384
Lessee, Liability, Payments, Due Year Four	13,339
Lessee, Operating Lease, Liability, Payments, Due Year Five	12,212
Finance Lease, Liability, Payments, Due Year Five	351
Lessee, Liability, Payments, Due Year Five	12,563
Lessee, Operating Lease, Liability, Payments, Due after Year Five	21,026
Finance Lease, Liability, Payments, Due after Year Five	774
Lessee, Liability, Payments, Due After Year Five	21,800
Lessee, Operating Lease, Liability, Payments, Due	95,013
Finance Lease, Liability, Payment, Due	4,122
Lessee, Liability, Payments, Due	99,135
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	17,580
Finance Lease, Liability, Undiscounted Excess Amount	983
Lessee, Liability, Undiscounted Excess Amount	18,563
Operating Lease, Liability	77,433
Finance Lease, Liability	3,139
Present Value of Lease Liabilities	$ 80,572

LEASES Weighted Average Lease T

LEASES Weighted Average Lease Terms (Details)	Jul. 31, 2021
Leases [Abstract]
Operating Lease, Weighted Average Remaining Lease Term	6 years 10 months 24 days
Finance Lease, Weighted Average Remaining Lease Term	5 years 8 months 12 days
Operating Lease, Weighted Average Discount Rate, Percent	6.10%
Finance Lease, Weighted Average Discount Rate, Percent	8.80%

FAIR VALUE OF FINANCIAL INSTR_3

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($)	Jul. 31, 2021	Jan. 31, 2021
Fair Value Disclosures [Abstract]
Long-Lived Assets		$ 0.8
Long-term Debt, Fair Value	$ 54,600,000	34,185,000
Long-term Debt	69,079,000	49,497,000
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Long-term Debt	69,079,000	49,497,000
Loans Payable
Fair Value Disclosures [Abstract]
Long-term Debt	53,245,000	32,992,000
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Long-term Debt	$ 53,245,000	$ 32,992,000

INCOME TAXES INCOME TAXES (Deta

INCOME TAXES INCOME TAXES (Details)	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, Percent	(28.00%)	(22.80%)	(25.60%)	(24.30%)

BUSINESS COMBINATIONS (Details)

BUSINESS COMBINATIONS (Details) - USD ($)	May 04, 2020	Jan. 31, 2021
Business Acquisition [Line Items]
Payments to Acquire Businesses, Gross	$ 6,800,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Liabilities	$ 2,700,000
Cash Acquired from Acquisition		$ 1,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory		4,260,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets		48,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,752,000
Business Combination, Recognized Identifiable Asset Acquired And Liability Assumed, Operating Lease Assets		2,006,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		245,000
Business Acquisition, Goodwill, Expected Tax Deductible Amount		484,000
Business Combination, Recognized Identifiable Asset Acquired And Liability Assumed, Operating Lease Liability, Current		159,000
Business Combination, Recognized Identifiable Asset Acquired And Liability Assumed, Operating Lease Liability, Noncurrent		1,847,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets		8,796,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities		2,006,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net		6,790,000
Agricultural Segment [Member]
Business Acquisition [Line Items]
Business Acquisition, Goodwill, Expected Tax Deductible Amount		484,000
Distribution Rights [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		$ 200,000

SEGMENT INFORMATION AND OPERA_3

SEGMENT INFORMATION AND OPERATING RESULTS (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2021USD ($)	Jul. 31, 2020USD ($)	Jul. 31, 2021USD ($)segment	Jul. 31, 2020USD ($)	Jan. 31, 2021USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment			3
SEGMENT INFORMATION AND OPERATING RESULTS
Revenue	$ 377,630	$ 303,465	$ 750,334	$ 613,673
Income (Loss) Before Income Taxes	15,632	8,292	29,311	11,441
Total Assets	839,371		839,371		$ 815,789
Shared Resources
SEGMENT INFORMATION AND OPERATING RESULTS
Income (Loss) Before Income Taxes	320	597	(172)	736
Total Assets	85,276		85,276		103,345
Operating Segments
SEGMENT INFORMATION AND OPERATING RESULTS
Income (Loss) Before Income Taxes	15,312	7,695	29,483	10,705
Total Assets	754,095		754,095		712,444
Operating Segments | Agricultural Segment [Member]
SEGMENT INFORMATION AND OPERATING RESULTS
Revenue	219,364	169,072	448,915	362,700
Income (Loss) Before Income Taxes	12,067	6,752	23,292	12,914
Total Assets	380,000		380,000		349,697
Operating Segments | Construction Segment [Member]
SEGMENT INFORMATION AND OPERATING RESULTS
Revenue	80,943	77,719	149,550	137,833
Income (Loss) Before Income Taxes	2,815	1,375	2,953	(1,498)
Total Assets	191,908		191,908		185,534
Operating Segments | International [Member]
SEGMENT INFORMATION AND OPERATING RESULTS
Revenue	77,323	56,674	151,869	113,140
Income (Loss) Before Income Taxes	430	$ (432)	3,238	$ (711)
Total Assets	$ 182,187		$ 182,187		$ 177,213