AstroNova (ALOT) 10-Q 7 Sep 23 2024 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jul. 29, 2023	Sep. 01, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jul. 29, 2023
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Entity Registrant Name	AstroNova, Inc.
Entity Central Index Key	0000008146
Current Fiscal Year End Date	--01-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Trading Symbol	ALOT
Entity Shell Company	false
Entity Small Business	true
Entity Emerging Growth Company	false
Title of 12(b) Security	Common Stock
Security Exchange Name	NASDAQ
Entity Incorporation, State or Country Code	RI
Entity File Number	0-13200
Document Quarterly Report	true
Document Transition Report	false
Entity Tax Identification Number	05-0318215
Entity Address, Address Line One	600 East Greenwich Avenue
Entity Address, City or Town	West Warwick
Entity Address, Postal Zip Code	02893
Entity Address, State or Province	RI
City Area Code	401
Local Phone Number	828-4000
Entity Common Stock, Shares Outstanding		7,424,660

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 29, 2023	Jan. 31, 2023
CURRENT ASSETS
Cash and Cash Equivalents	$ 4,530	$ 3,946
Accounts Receivable, net	18,005	21,598
Inventories, net	49,081	51,324
Prepaid Expenses and Other Current Assets	2,914	2,894
Total Current Assets	74,530	79,762
Property, Plant and Equipment, net	13,891	14,288
Identifiable Intangibles, net	20,033	21,232
Goodwill	14,760	14,658
Deferred Tax Assets, net	6,909	6,907
Right of Use Asset	735	794
Other Assets	1,692	1,566
TOTAL ASSETS	132,550	139,207
CURRENT LIABILITIES
Accounts Payable	5,356	8,479
Accrued Compensation	2,668	2,750
Other Accrued Expenses	4,753	3,308
Revolving Line of Credit	13,900	15,900
Current Portion of Long-Term Debt	2,700	2,100
Current Liability—Royalty Obligation	1,600	1,725
Current Liability—Excess Royalty Payment Due	613	562
Income Taxes Payable		786
Deferred Revenue	1,858	1,888
Total Current Liabilities	33,448	37,498
NON-CURRENT LIABILITIES
Long-Term Debt, net of current portion	10,709	12,040
Royalty Obligation, net of current portion	2,789	3,415
Lease Liabilities, net of current portion	530	555
Income Taxes Payable	491	491
Deferred Revenue		674
Deferred Tax Liabilities	182	167
TOTAL LIABILITIES	48,149	54,840
SHAREHOLDERS' EQUITY
Preferred Stock, $10 Par Value, Authorized 100,000 shares, None Issued	0	0
Common Stock, $0.05 Par Value, Authorized 13,000,000 shares; Issued 10,792,879 and 10,676,851 shares at July 29, 2023 and January 31, 2023, respectively	540	534
Additional Paid-in Capital	62,004	61,131
Retained Earnings	58,406	59,175
Treasury Stock, at Cost, 3,368,219 and 3,342,032 shares at July 29, 2023 and January 31, 2023, respectively	(34,585)	(34,235)
Accumulated Other Comprehensive Loss, net of tax	(1,964)	(2,238)
TOTAL SHAREHOLDERS' EQUITY	84,401	84,367
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 132,550	$ 139,207

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jul. 29, 2023	Jan. 31, 2023
Statement of Financial Position [Abstract]
Preferred Stock, Par Value	$ 10	$ 10
Preferred Stock, Shares Authorized	100,000	100,000
Preferred Stock, Shares Issued	0	0
Common Stock, Par Value	$ 0.05	$ 0.05
Common Stock, Shares Authorized	13,000,000	13,000,000
Common Stock, Shares Issued	10,792,879	10,676,851
Treasury Stock, Shares	3,368,219	3,342,032

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Loss) - USD ($)	3 Months Ended		6 Months Ended
	Jul. 29, 2023	Jul. 30, 2022	Jul. 29, 2023	Jul. 30, 2022
Income Statement [Abstract]
Revenue	$ 35,524,000	$ 32,259,000	$ 70,943,000	$ 63,269,000
Cost of Revenue	25,814,000	20,877,000	48,847,000	41,158,000
Gross Profit	9,710,000	11,382,000	22,096,000	22,111,000
Operating Expenses:
Selling and Marketing	6,697,000	5,981,000	12,707,000	11,863,000
Research and Development	1,557,000	1,595,000	3,345,000	3,118,000
General and Administrative	2,654,000	2,571,000	5,780,000	5,131,000
Operating Expenses	10,908,000	10,147,000	21,832,000	20,112,000
Operating Income (Loss)	(1,198,000)	1,235,000	264,000	1,999,000
Other Income (Expense), net:
Interest Expense	(674,000)	(210,000)	(1,289,000)	(385,000)
Loss on Foreign Currency Transactions	(197,000)	(242,000)	(11,000)	(377,000)
Other, net	62,000	21,000	56,000	52,000
Other Income (Expense), net	(809,000)	(431,000)	(1,244,000)	(710,000)
Income (Loss) Before Income Taxes	(2,007,000)	804,000	(980,000)	1,289,000
Income Tax Provision (Benefit)	(390,000)	220,000	(211,000)	280,000
Net Income (Loss)	$ (1,617,000)	$ 584,000	$ (769,000)	$ 1,009,000
Net Income (Loss) per Common Share-Basic	$ (0.22)	$ 0.08	$ (0.1)	$ 0.14
Net Income (Loss) per Common Share-Diluted	$ (0.22)	$ 0.08	$ (0.1)	$ 0.14
Weighted Average Number of Common Shares Outstanding—Basic	7,420,135	7,309,716	7,396,200	7,286,735
Weighted Average Number of Common Shares Outstanding—Diluted	7,420,135	7,347,946	7,396,200	7,354,707

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2023	Jul. 30, 2022	Jul. 29, 2023	Jul. 30, 2022
Statement of Comprehensive Income [Abstract]
Net Income (Loss)	$ (1,617)	$ 584	$ (769)	$ 1,009
Other Comprehensive Income (Loss), Net of Taxes:
Foreign Currency Translation Adjustments	64	(435)	274	(1,368)
Loss from Cash Flow Hedges Reclassified to Income Statement		16		32
Other Comprehensive Income (Loss)	64	(419)	274	(1,336)
Comprehensive Income (Loss)	$ (1,553)	$ 165	$ (495)	$ (327)

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Beginning Balance at Jan. 31, 2022	$ 81,012	$ 528	$ 59,692	$ 56,514	$ (33,974)	$ (1,748)
Beginning Balance, Shares at Jan. 31, 2022		10,566,404
Share-Based Compensation	337		337
Employee Option Exercises	88	$ 1	87
Employee Option Exercises, Shares		11,164
Restricted Stock Awards Vested	(249)	$ 3	(3)		(249)
Restricted Stock Awards Vested, Shares		61,513
Net Income (Loss)	425			425
Other Comprehensive Income (Loss)	(917)					(917)
Ending Balance at Apr. 30, 2022	80,696	$ 532	60,113	56,939	(34,223)	(2,665)
Ending Balance, Shares at Apr. 30, 2022		10,639,081
Beginning Balance at Jan. 31, 2022	81,012	$ 528	59,692	56,514	(33,974)	(1,748)
Beginning Balance, Shares at Jan. 31, 2022		10,566,404
Net Income (Loss)	1,009
Other Comprehensive Income (Loss)	(1,336)
Ending Balance at Jul. 30, 2022	81,096	$ 533	60,347	57,523	(34,223)	(3,084)
Ending Balance, Shares at Jul. 30, 2022		10,659,491
Beginning Balance at Apr. 30, 2022	80,696	$ 532	60,113	56,939	(34,223)	(2,665)
Beginning Balance, Shares at Apr. 30, 2022		10,639,081
Share-Based Compensation	235		235
Restricted Stock Awards Vested		$ 1	(1)
Restricted Stock Awards Vested, Shares		20,410
Net Income (Loss)	584			584
Other Comprehensive Income (Loss)	(419)					(419)
Ending Balance at Jul. 30, 2022	81,096	$ 533	60,347	57,523	(34,223)	(3,084)
Ending Balance, Shares at Jul. 30, 2022		10,659,491
Beginning Balance at Jan. 31, 2023	84,367	$ 534	61,131	59,175	(34,235)	(2,238)
Beginning Balance, Shares at Jan. 31, 2023		10,676,851
Share-Based Compensation	356		356
Employee Option Exercises	43		43
Employee Option Exercises, Shares		4,094
Restricted Stock Awards Vested	(350)	$ 4	(4)		(350)
Restricted Stock Awards Vested, Shares		99,989
Net Income (Loss)	848			848
Other Comprehensive Income (Loss)	210					210
Ending Balance at Apr. 29, 2023	85,474	$ 538	61,526	60,023	(34,585)	(2,028)
Ending Balance, Shares at Apr. 29, 2023		10,780,934
Beginning Balance at Jan. 31, 2023	$ 84,367	$ 534	61,131	59,175	(34,235)	(2,238)
Beginning Balance, Shares at Jan. 31, 2023		10,676,851
Employee Option Exercises, Shares	6,700
Net Income (Loss)	$ (769)
Other Comprehensive Income (Loss)	274
Ending Balance at Jul. 29, 2023	84,401	$ 540	62,004	58,406	(34,585)	(1,964)
Ending Balance, Shares at Jul. 29, 2023		10,792,879
Beginning Balance at Apr. 29, 2023	85,474	$ 538	61,526	60,023	(34,585)	(2,028)
Beginning Balance, Shares at Apr. 29, 2023		10,780,934
Share-Based Compensation	398		398
Employee Option Exercises	82	$ 1	81
Employee Option Exercises, Shares		7,429
Restricted Stock Awards Vested		$ 1	(1)
Restricted Stock Awards Vested, Shares		4,516
Net Income (Loss)	(1,617)			(1,617)
Other Comprehensive Income (Loss)	64					64
Ending Balance at Jul. 29, 2023	$ 84,401	$ 540	$ 62,004	$ 58,406	$ (34,585)	$ (1,964)
Ending Balance, Shares at Jul. 29, 2023		10,792,879

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jul. 29, 2023	Jul. 30, 2022
Cash Flows from Operating Activities:
Net Income	$ (769)	$ 1,009
Adjustments to Reconcile Net Income to Net Cash Provided (Used) by Operating Activities:
Depreciation and Amortization	2,144	1,820
Amortization of Debt Issuance Costs	11	13
Share-Based Compensation	754	572
Loss on Disposal of Assets		6
Restructuring, non-cash	2,040
Changes in Assets and Liabilities:
Accounts Receivable	3,612	(518)
Other Receivable – Employee Retention Credit Receivable		3,135
Inventories	283	(7,516)
Income Taxes	(1,461)	65
Accounts Payable and Accrued Expenses	(2,267)	(2,312)
Other	371	(93)
Net Cash (Used) Provided by Operating Activities	4,718	(3,819)
Cash Flows from Investing Activities:
Additions to Property, Plant and Equipment	(494)	(163)
Net Cash Used for Investing Activities	(494)	(163)
Cash Flows from Financing Activities:
Net Cash Proceeds from Employee Stock Option Plans	71	69
Net Cash Proceeds from Share Purchases under Employee Stock Purchase Plan	54	19
Net Cash Used for Payment of Taxes Related to Vested Restricted Stock	(350)	(249)
Borrowings under Revolving Credit Facility		4,500
Repayment under Revolving Credit Facility	(2,000)
Payment of Minimum Guarantee Royalty Obligation	(875)	(1,000)
Principal Payments of Long-Term Debt	(750)	(250)
Net Cash Provided (Used) for Financing Activities	(3,850)	3,089
Effect of Exchange Rate Changes on Cash and Cash Equivalents	210	(98)
Net Increase (Decrease) in Cash and Cash Equivalents	584	(991)
Cash and Cash Equivalents, Beginning of Period	3,946	5,276
Cash and Cash Equivalents, End of Period	4,530	4,285
Supplemental Disclosures of Cash Flow Information:
Cash Paid During the Period for Interest	1,175	206
Cash Paid During the Period for Income Taxes, Net of Refunds	$ 1,264	$ 126

Business and Basis of Presentat

Business and Basis of Presentation	6 Months Ended
	Jul. 29, 2023
Business and Basis Of Presentation [Abstract]
Business and Basis of Presentation	Note 1 – Business and Basis of Presentation Overview Headquartered in West Warwick, Rhode Island, AstroNova, Inc. leverages its expertise in data visualization technologies to design, develop, manufacture and distribute a broad range of specialty printers and data acquisition and analysis systems. Our products are employed around the world in a wide range of applications in the aerospace, apparel, automotive, avionics, chemical, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging and transportation industries. Our business consists of two segments, Product Identification (“PI”) and Test & Measurement (“T&M”). The PI segment includes specialty printing systems and related supplies sold under the QuickLabel ® , TrojanLabel ® and GetLabels ™ brand names. The T&M segment consists of our line of aerospace products, including flight deck printers, networking hardware, and related accessories as well as T&M data acquisition systems sold under the AstroNova ® brand name. On August 4, 2022, we acquired Astro Machine LLC (“Astro Machine”), an Illinois-based manufacturer of printing equipment, including label printers and related accessories, tabbers, conveyors, and envelope feeders. We reported Astro Machine as a part of our PI segment beginning in the third quarter of fiscal 2023. PI products sold under the QuickLabel, TrojanLabel and GetLabels brands are used in brand owner and commercial applications to provide product packaging, marketing, tracking, branding, and labeling solutions to a wide array of industries. The PI segment offers a variety of digital color label tabletop printers and light commercial label printers, direct-to-package printers, high-volume presses, and specialty original equipment manufacturer (“OEM”) printing systems, as well as a wide range of label, tag and flexible packaging material substrates and other supplies, including ink and toner, allowing customers to mark, track, protect and enhance the appearance of their products. PI products sold under the Astro Machine brand also include a variety of label printers, envelope and packaging printing, and related processing and handling equipment. In the T&M segment, we have a long history of using our technologies to provide networking systems and high-resolution flight deck and cabin printers for the aerospace market. In addition, the T&M segment includes data acquisition recorders, sold under the AstroNova brand, to enable our customers to acquire and record visual and electronic signal data from local and networked data streams and sensors. The recorded data is processed, analyzed, stored and presented in various visual output formats. Our PI products are sold by direct field salespersons as well as independent dealers and representatives, while our T&M products are sold predominantly through direct sales and manufacturers’ representatives. In the United States, we have factory-trained direct field salespeople located throughout the country specializing in PI products. We also have direct field sales or service centers in Canada, China, Denmark, France, Germany, Malaysia, Mexico, Singapore, and the United Kingdom staffed by our own employees and dedicated third party contractors. Additionally, we utilize over 100 independent dealers and representatives selling and marketing our products in over 60 countries. Unless otherwise indicated, references to “AstroNova”, “we,” “our,” and “us” in this Quarterly Report on Form 10-Q refer to AstroNova, Inc. and its consolidated subsidiaries. Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles and reflect all adjustments consisting of normal recurring adjustments which, in the opinion of management, are necessary for a fair presentation of the results of the interim periods included herein. These financial statements do not include all disclosures associated with annual financial statements and, accordingly, should be read in conjunction with our Annual Report on Form 10-K for the fiscal year ended January 31, 2023. The presentation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported and disclosed in the condensed consolidated financial statements and accompanying notes, including those that require consideration of forecasted financial information using information that is reasonably available to us at this time. Some of the more significant estimates relate to revenue recognition, the allowances for doubtful accounts, inventory valuation, income taxes, valuation of long-lived assets, intangible assets and goodwill, share-based compensation, and warranty reserves. Management’s estimates are based on the facts and circumstances available at the time estimates are made, historical experience, risk of loss, general economic conditions and trends, and management’s assessments of the probable future outcome of these matters, including our expectations at the time regarding the ongoing impact from the COVID-19 pandemic. Consequently, actual results could differ from those estimates. Results of operations for the interim periods presented herein are not necessarily indicative of the results that may be expected for the full year. Certain amounts in the prior year’s financial statements have been reclassified to conform to the current year’s presentation. Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of AstroNova, Inc. and its wholly-owned subsidiaries. All significant intercompany accounts and transactions are eliminated in consolidation.

Summary of Significant Accounti

Summary of Significant Accounting Policies Update	6 Months Ended
	Jul. 29, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies Update	Note 2 – Summary of Significant Accounting Policies Update The accounting policies used in preparing the condensed consolidated financial statements in this Form 10-Q are the same as those used in preparing our consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended January 31, 2023. Recently Adopted Accounting Pronouncements No new accounting pronouncements, issued or effective during the first six months of the current year, have had or are expected to have a material impact on our consolidated financial statements.

Acquisitions

Acquisitions	6 Months Ended
	Jul. 29, 2023
Business Combinations [Abstract]
Acquisitions	Note 3 – Acquisitions Astro Machine On August 4, 2022, we acquired Astro Machine LLC (“Astro Machine”), an Illinois-based manufacturer of printing equipment, including label printers, tabbers, conveyors, and envelope feeders, for aggregate consideration of $ 17.1 million. The acquisition was accomplished pursuant to an Equity Interest Purchase Agreement dated as of August 4, 2022 (the “Purchase Agreement”) by and among us, GSND Holding Corporation (“GSND”), the parent company of Astro Machine, and Astro Machine. Pursuant to the Purchase Agreement, we purchased 100 % of the issued and outstanding equity interests of Astro Machine from GSND for a purchase price of $ 15.6 million. The acquisition was funded using borrowings under our credit facility. We obtained a representation and warranty insurance policy and placed $ 300,000 of the purchase price into an escrow account, which pursuant to the terms and conditions of the Purchase Agreement, are our sole recourse for breaches of representations and warranties by GSND. Upon the closing of the transaction, Astro Machine became a wholly owned subsidiary of AstroNova, Inc. Concurrently with the signing of the Purchase Agreement, our newly acquired subsidiary, Astro Machine, entered into a Purchase and Sale Agreement with Selak Real Estate Limited Partnership (“SRE”), pursuant to which Astro Machine purchased certain real property assets of SRE for a purchase price, paid in cash, of $ 1.5 million. These real estate assets are comprised of a 34,460 square foot industrial manufacturing building (including offices) on 1.26 acres of land, which is Astro Machine’s principal place of business. This transaction was a business combination and accounted for using the acquisition method of accounting prescribed by ASC 805, “Business Combinations” (“ASC 805”), whereby the results of operations, including the revenues and earnings of Astro Machine, are included in our financial statements from the date of acquisition. The purchase price of Astro Machine was allocated to the tangible and intangible assets acquired and liabilities assumed and recognized at their fair value based on widely accepted valuation techniques in accordance with ASC 820, “Fair Value Measurement,” as of the acquisition date. The process for estimating fair values requires the use of significant estimates, assumptions and judgments, including determining the timing and estimates of future cash flows and developing appropriate discount rates. The excess of the purchase price over the fair value of the net identified assets acquired and liabilities assumed was recorded as goodwill. ASC 805 establishes a measurement period to provide companies with a reasonable amount of time to obtain the information necessary to identify and measure various items in a business combination and cannot extend beyond one year from the acquisition date. The following table sets forth the final purchase price allocation of the Astro Machine acquisition for the estimated fair value of the net assets acquired and liabilities assumed as of the date of acquisition: (In thousands) Cash $ 91 Accounts Receivable 3,393 Inventory 5,715 Property, Plant and Equipment 4,200 Identifiable Intangible Assets 3,480 Goodwill 2,730 Accounts Payable and Other Current Liabilities ( 2,484 ) Total Purchase Price $ 17,125 The fair value of the intangible assets acquired was estimated by applying the income approach. This fair value measurement is based on significant inputs that are not observable in the market and therefore represents a Level 3 measurement as defined in ASC 820, “Fair Value Measurement.” Key assumptions in estimating the fair value of the intangibles include (1) remaining useful life of the tradename/trademarks and customer relations (2) royalty rate of 0.75 %, (3) customer attrition rate of 18.0 %, (4) discount rate of 19.0 % and (5) a range of revenue and net income projections for fiscal years 2023 through 2026. The following table sets forth the fair value of the acquired identifiable intangible assets and related estimated useful lives: (In thousands) Fair Useful Life Customer Relations $ 3,060 5 Trademarks/Tradenames 420 5 Total $ 3,480 The Customer Relations intangible asset represents the relationships that will be maintained with certain historical customers of Astro Machine. The trademark/tradename intangible assets reflect the industry reputation of the Astro Machine name and the registered trademarks held by Astro Machine for the use of several marks and logos. Goodwill of $ 2.7 million, which is not deductible for tax purposes, represents the excess of the purchase price over the estimated fair value assigned to the tangible and identifiable intangible assets acquired and liabilities assumed from Astro Machine. The goodwill recognized under ASC 805 is attributable to synergies which are expected to enhance and expand our overall product portfolio, opportunities in new and existing markets, future technologies that have yet to be determined and Astro Machine’s assembled workforce. The carrying amount of the goodwill was allocated to the PI segment. Total acquisition-related costs of $ 0.7 million were included in general and administrative expenses in our consolidated statement of income for the year ended January 31, 2023. The amounts of revenue and earnings before taxes attributable to Astro Machine and included in our consolidated statement of income for the three and six months ended July 29, 2023 were as follows: (In thousands) Three -Months Ended July 29, 2023 Six-Months Ended July 29, 2023 Revenue $ 4,897 $ 9,127 Earnings before Taxes $ 704 $ 1,393 Astro Machine results are reported as part of the PI segment. Proforma results are not provided, as disclosure of such amounts was impractical to determine as the acquired business had insufficient financial records and no audit history prior to the transaction. Honeywell Asset Purchase and License Agreement On June 30, 2022, we entered into an Asset Purchase and License Agreement with Honeywell International Inc. (“New HW Agreement”) to acquire an exclusive, perpetual, world-wide license to manufacture Honeywell’s flight deck printers for the Boeing 787 aircraft. The New HW Agreement provides for royalty payments to Honeywell based on gross revenues from the sales of the printers, paper and repair services of the licensed products in perpetuity. The royalty rates vary based on the year in which they are paid or earned and as products are sold or as services are provided and range from single-digit to mid-double-digit percentages of gross revenue. The New HW Agreement includes a provision for guaranteed minimum royalty payments to be paid in the event that the royalties earned by Honeywell do not meet the minimum for the preceding calendar year as follows: $ 100,000 in 2024, $ 200,000 in 2025, $ 233,000 in 2026 and 2027, and $ 234,000 in 2028. This transaction was evaluated under ASC 805, “Business Combinations,” and was accounted for as an asset acquisition. The purchase price was allocated to the customer relationship intangible, which was the only asset acquired as a result of this transaction. This asset will be amortized over the useful life of the intangible. The minimum royalty payment obligation and related customer relationships intangible were recorded at the present value of the minimum royalty payments. The acquired identifiable intangible asset is as follows: (In thousands) Fair Useful Life Customer Contract Relationships $ 530 20 The minimum royalty payment due was discounted based on the payment schedule and applicable discount rate, resulting in an outstanding royalty obligation of $ 0.5 million as of January 31, 2023, including $ 0.1 million recorded as a current liability. Additional royalties based on sales activity will be recorded in the period that the associated revenue is earned. During the second quarter of the current year, we incurred an additional $ 0.1 million in excess royalties payable to Honeywell. As of July 29, 2023, the current outstanding royalty obligation is $ 0.6 million, including $ 0.2 million recorded as a current liability in the accompanying balance sheet. During fiscal 2023, we incurred $ 0.1 million in excess royalty expense, which was recorded as a current liability in our consolidated balance sheet at January 31, 2023 and was paid in the first quarter of the current fiscal year.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jul. 29, 2023
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Note 4 – Revenue Recognition We derive revenue from the sale of (i) hardware, including digital color label printers and specialty OEM printing systems, portable data acquisition systems and airborne printers and networking hardware used in the flight deck and cabin of military, commercial and business aircraft, (ii) related supplies required in the operation of the hardware, (iii) repairs and maintenance of hardware and (iv) service agreements. Revenues disaggregated by primary geographic markets and major product types are as follows: Primary geographical markets Three Months Ended Six Months Ended (In thousands) July 29, 2023 July 30, 2022 July 29, 2023 July 30, 2022 United States $ 22,342 $ 19,044 $ 45,176 $ 38,695 Europe 7,836 7,883 15,801 15,301 Canada 2,224 2,225 4,049 4,080 Asia 1,724 1,789 3,018 2,726 Central and South America 1,024 1,023 2,223 1,911 Other 374 295 676 556 Total Revenue $ 35,524 $ 32,259 $ 70,943 $ 63,269 Major product types Three Months Ended Six Months Ended (In thousands) July 29, 2023 July 30, 2022 July 29, 2023 July 30, 2022 Hardware $ 11,268 $ 8,637 $ 22,934 $ 17,937 Supplies 19,700 19,166 38,772 37,111 Service and Other 4,556 4,456 9,237 8,221 Total Revenue $ 35,524 $ 32,259 $ 70,943 $ 63,269 In December 2022, we entered into an amended contract with one of our T&M customers that provided for a total payment of $ 3.25 million to us as a result of our claims allowable under French law relating to additional component costs we have incurred and will continue to incur in order to supply aerospace printers under the contract for the period beginning in April 2022 and continuing through 2025. Revenue from this arrangement will be recognized in proportion to the total estimated shipments through the end of the contract period. As of January 31, 2023, we have recognized $ 1.1 million in revenue and the $ 2.15 million balance was recorded as deferred revenue. During the three and six months of fiscal 2024, we recognized an additional $ 0.3 million and $ 0.6 million, respectively, included in revenue in the condensed consolidated statement of income (loss) for the periods ended July 29, 2023, and there is a balance of $ 1.5 million in the deferred revenue at July 29, 2023. The remaining revenue to be recognized will be based on our shipments of the printers during the remainder of fiscal years 2024 and 2025. Contract Assets and Liabilities We normally do not have contract assets, which are primarily unbilled accounts receivable that are conditional on something other than the passage of time. Our contract liabilities, which represent billings in excess of revenue recognized, are related to advanced billings for purchased service agreements and extended warranties. Contract liabilities were $ 329,000 and $ 412,000 at July 29, 2023 and January 31, 2023, respectively, and are recorded as deferred revenue in the accompanying condensed consolidated balance sheet. The decrease in the deferred revenue balance during the three months ended July 29, 2023 is due to revenue recognized during the current period, including $ 252,000 of revenue recognized that was included in the deferred revenue balance at January 31, 2023. The amount of revenue recognized for the period was partially offset by cash payments received in advance of satisfying performance obligations. Contract Costs We recognize an asset for the incremental costs of obtaining a contract with a customer if we expect the benefit of those costs to be longer than one year. We have determined that certain costs related to obtaining sales contracts for our aerospace printer products meet the requirement to be capitalized. These costs are deferred and amortized over the remaining useful life of these contracts, which we currently estimate to be approximately 18 years as of July 29, 2023. The balance of these contract assets at January 31, 2023 was $ 1.4 million. During the three and six months ended July 29, 2023, we amortized contract costs of $ 19,000 and $ 37,000 , respectively. The balance of deferred incremental direct costs net of accumulated amortization at July 29, 2023 was $ 1.3 million, of which $ 0.1 million is reported in other current assets and $ 1.2 million is reported in other assets in the accompanying condensed consolidated balance sheet.

Net Income (Loss) Per Common Sh

Net Income (Loss) Per Common Share	6 Months Ended
	Jul. 29, 2023
Earnings Per Share [Abstract]
Net Income (Loss) Per Common Share	Note 5 – Net Income (Loss) Per Common Share Basic net income (loss) per share is calculated by dividing net income by the weighted average number of shares outstanding during the period. Diluted net income (loss) per share is calculated by dividing net income by the weighted average number of shares and, if dilutive, common equivalent shares, determined using the treasury stock method for stock options, restricted stock awards and restricted stock units outstanding during the period. A reconciliation of the shares used in calculating basic and diluted net income (loss) per share is as follows: Three Months Ended Six Months Ended July 29, 2023 July 30, 2022 July 29, 2023 July 30, 2022 Weighted Average Common Shares Outstanding – Basic 7,420,135 7,309,716 7,396,200 7,286,735 Effect of Dilutive Options, Restricted Stock Awards and Restricted Stock Units - * 38,230 - * 67,972 Weighted Average Common Shares Outstanding – Diluted 7,420,135 7,347,946 7,396,200 7,354,707 *For the three and six months ended July 29, 2023, we had weighted average common stock equivalent shares outstanding of 74,178 and 77,150 , respectively, that could potentially dilute earnings per share in future periods; these shares were excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive given the net loss during the periods. For the three and six months ended July 29, 2023, the diluted per share amounts do not reflect weighted average common equivalent shares outstanding of 226,457 and 376,468 , respectively. For the three and six months ended July 30, 2022, the diluted per share amounts do not reflect weighted average common equivalent shares outstanding of 612,116 and 586,084 , respectively. These outstanding common equivalent shares were not included due to their anti-dilutive effect.

Intangible Assets

Intangible Assets	6 Months Ended
	Jul. 29, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Note 6 – Intangible Assets Intangible assets are as follows: July 29, 2023 January 31, 2023 (In thousands) Gross Carrying Amount Accumulated Amortization Currency Translation Adjustment Net Carrying Amount Gross Carrying Amount Accumulated Amortization Currency Translation Adjustment Net Carrying Amount Miltope: Customer Contract Relationships $ 3,100 $ ( 2,938 ) $ — $ 162 $ 3,100 $ ( 2,777 ) $ — $ 323 RITEC: Customer Contract Relationships 2,830 ( 1,656 ) — 1,174 2,830 ( 1,623 ) — 1,207 TrojanLabel: Existing Technology 2,327 ( 2,255 ) 96 168 2,327 ( 2,087 ) 94 334 Distributor Relations 937 ( 640 ) 37 334 937 ( 588 ) 27 376 Honeywell: Customer Contract Relationships 27,773 ( 12,362 ) — 15,411 27,773 ( 11,913 ) — 15,860 Astro Machine: Customer Contract Relationships 3,060 ( 612 ) — 2,448 3,060 ( 306 ) — 2,754 Trademarks 420 ( 84 ) — 336 420 ( 42 ) — 378 Intangible Assets, net $ 40,447 $ ( 20,547 ) $ 133 $ 20,033 $ 40,447 $ ( 19,336 ) $ 121 $ 21,232 There were no impairments to intangible assets during the periods ended July 29, 2023 and July 30, 2022. With respect to the acquired intangibles included in the table above, amortization expense of $ 0.6 million and $ 0.4 million has been included in the condensed consolidated statements of income (loss) for each of the three months ended July 29, 2023, and July 30, 2022, respectively. Amortization expense of $ 1.2 million and $ 0.8 million related to the above-acquired intangibles has been included in the accompanying condensed consolidated statement of income (loss) for the six months ended July 29, 2023 and July 30, 2022, respectively. Estimated amortization expense for the next five fiscal years is as follows: (In thousands) Remaining 2024 2025 2026 2027 2028 Estimated amortization expense $ 1,192 $ 1,724 $ 1,724 $ 1,724 $ 1,281

Inventories

Inventories	6 Months Ended
	Jul. 29, 2023
Inventory Disclosure [Abstract]
Inventories	Note 7 – Inventories Inventories are stated at the lower of cost (standard and average methods) or net realizable value and include material, labor and manufacturing overhead. The components of inventories are as follows: (In thousands) July 29, 2023 January 31, 2023 Materials and Supplies $ 37,806 $ 38,387 Work-In-Process 1,328 1,146 Finished Goods 19,092 23,221 58,226 62,754 Inventory Reserve ( 9,145 ) ( 11,430 ) $ 49,081 $ 51,324

Property, Plant and Equipment

Property, Plant and Equipment	6 Months Ended
	Jul. 29, 2023
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Note 8 – Property, Plant and Equipment Property, plant and equipment consist of the following: July 29, 2023 January 31, 2023 (In thousands) Land and Land Improvements $ 2,304 $ 2,304 Buildings and Leasehold Improvements 14,365 14,158 Machinery and Equipment 25,202 24,960 Computer Equipment and Software 14,063 13,972 Gross Property, Plant and Equipment 55,934 55,394 Accumulated Depreciation ( 42,043 ) ( 41,106 ) Net Property Plant and Equipment $ 13,891 $ 14,288 Depreciation expense on property, plant and equipment was $ 0.5 million and $ 0.9 million for the three and six months ended July 29, 2023, respectively. Depreciation expense on property, plant and equipment was $ 0.5 million and $ 1.0 million for the three and six months ended July 30, 2022, respectively.

Credit Agreement and Long-Term

Credit Agreement and Long-Term Debt	6 Months Ended
	Jul. 29, 2023
Debt Disclosure [Abstract]
Credit Agreement and Long-Term Debt	Note 9 – Credit Agreement and Long-Term Debt In connection with the purchase of Astro Machine, on August 4, 2022, we entered into a Second Amendment to the Amended and Restated Credit Agreement (the “Second Amendment”) with Bank of America, N.A., as lender (the “Lender”). The Second Amendment amended the Amended and Restated Credit Agreement dated as of July 30, 2020, as amended by the First Amendment to Amended and Restated Credit Agreement, dated as of March 24, 2021, and the LIBOR Transition Amendment, dated as of December 24, 2021 (the “Existing Credit Agreement,” and the Existing Credit Agreement as amended by the Second Amendment, the “Amended Credit Agreement”), between us and the Lender. The Amended Credit Agreement provides for (i) a new term loan in the principal amount of $ 6.0 million, which term loan was in addition to the existing term loan outstanding under the Existing Credit Agreement in the principal amount of $ 9.0 million as of the effective date of the Second Amendment, and (ii) an increase in the aggregate principal amount of the revolving credit facility available thereunder from $ 22.5 million to $ 25.0 million. At the closing of the Second Amendment, we borrowed the entire $ 6.0 million term loan and $ 12.4 million under the revolving credit facility, and the proceeds of such borrowings were used in part to pay the purchase price payable under the Purchase Agreement and certain related transaction costs. The revolving credit facility may otherwise be used for corporate purposes. The Amended Credit Agreement requires that the term loan be paid in quarterly installments on the last day of each of our fiscal quarters over the term of the Amended Credit Agreement on the following repayment schedule: the principal amount of each quarterly installment required to be paid on the last day of each of our fiscal quarters ending on or about October 31, 2022 through July 31, 2023 is $ 375,000 ; and the principal amount of each quarterly installment required to be paid on the last day of each of our fiscal quarters ending on or about October 31, 2023 through April 30, 2027 is $ 675,000 . The entire remaining principal balance of the term loan is required to be paid on August 4, 2027. We may voluntarily prepay the term loan, in whole or in part, from time to time without premium or penalty (other than customary breakage costs, if applicable). We may repay borrowings under the revolving credit facility at any time without premium or penalty (other than customary breakage costs, if applicable), but in any event no later than August 4, 2027, and any outstanding revolving loans thereunder will be due and payable in full, and the revolving credit facility will terminate, on such date. We may reduce or terminate the revolving line of credit at any time, subject to certain thresholds and conditions, without premium or penalty. The interest rates under the Amended Credit Agreement are as follows: the term loan and revolving credit loans bear interest at a rate per annum equal to, at our option, either (a) the BSBY Rate as defined in the Amended Credit Agreement (or, in the case of revolving credit loans denominated in a currency other than U.S. Dollars, the applicable quoted rate), plus a margin that varies within a range of 1.60 % to 2.50 % based on our consolidated leverage ratio, or (b) a fluctuating reference rate equal to the highest of (i) the federal fund rate plus 0.50 %, (ii) Bank of America’s publicly announced prime rate, (iii) the BSBY Rate plus 1.00 %, or (iv) 0.50 %, plus a margin that varies within a range of 0.60 % to 1.50 % based on our consolidated leverage ratio. In addition to certain other fees and expenses that we are required to pay to the Lender, we are required to pay a commitment fee on the undrawn portion of the revolving credit facility that varies within a range of 0.15 % and 0.35 % based on our consolidated leverage ratio. The loans under the Amended Credit Agreement are subject to certain mandatory prepayments, subject to various exceptions, from (a) net cash proceeds from certain dispositions of property, (b) net cash proceeds from certain issuances of equity, (c) net cash proceeds from certain issuances of additional debt and (d) net cash proceeds from certain extraordinary receipts. Amounts repaid under the revolving credit facility may be reborrowed, subject to our continued compliance with the Amended Credit Agreement. No amount of the term loan that is repaid may be reborrowed. We must comply with various customary financial and non-financial covenants under the Amended Credit Agreement. The financial covenants under the Amended Credit Agreement consist of a maximum consolidated leverage ratio, a minimum consolidated fixed charge coverage ratio and a minimum consolidated asset coverage ratio. The primary non-financial covenants limit our and our subsidiaries’ ability to incur future indebtedness, to place liens on assets, to pay dividends or distributions on our or our subsidiaries’ capital stock, to repurchase or acquire our or our subsidiaries’ capital stock, to conduct mergers or acquisitions, to sell assets, to alter our or our subsidiaries’ capital structure, to make investments and loans, to change the nature of our or our subsidiaries’ business, and to prepay subordinated indebtedness, in each case subject to certain exceptions and thresholds as set forth in the Amended Credit Agreement, certain of which provisions were modified by the Second Amendment. As of July 29, 2023, we believe we are in compliance with all of the covenants in the Credit Agreement. The Lender is entitled to accelerate repayment of the loans and to terminate its revolving credit commitment under the Amended Credit Agreement upon the occurrence of any of various customary events of default, which include, among other events, the following (which are subject, in some cases, to certain grace periods): failure to pay when due any principal, interest or other amounts in respect of the loans, breach of any of our covenants or representations under the loan documents, default under any other of our or our subsidiaries’ significant indebtedness agreements, a bankruptcy, insolvency or similar event with respect to us or any of our subsidiaries, a significant unsatisfied judgment against us or any of our subsidiaries, or a change of control. Our obligations under the Amended Credit Agreement continue to be secured by substantially all of our personal property assets (including a pledge of the equity interests we hold in ANI ApS, AstroNova GmbH and AstroNova SAS), subject to certain exceptions, and by a mortgage on our owned real property in West Warwick, Rhode Island, and are guaranteed by, and secured by substantially all of the personal property assets of Astro Machine. Summary of Outstanding Debt At July 29, 2023, we had an outstanding balance of $ 13.9 million on our revolving line of credit. The balance outstanding under the revolving line of credit bore interest at a weighted average annual rate of 7.95 % and 7.56 % and we incurred $ 333,000 and $ 625,000 for interest on this obligation during the three and six months ended July 29, 2023, respectively. Additionally, during the three and six months ended July 29, 2023, we incurred $ 6,000 and $ 14,000 , respectively, of commitment fees on the undrawn portion of our revolving credit facility. The balance outstanding under the revolving line of credit bore interest at a weighted average rate of 5.17 % and 4.79 %, respectively, for the three and six months ended July 30, 2022, and we incurred $ 45,000 and $ 69,000 , respectively, for interest on this obligation during the three and six months ended July 30, 2022. Additionally, during the six months ended July 30, 2022, we incurred $ 20,000 of commitment fees on the undrawn portion of our revolving credit facility. Both the interest expense and commitment fees are included as interest expense in the accompanying condensed consolidated statements of income (loss) for all periods presented. At July 29, 2023, there was $ 11.1 million remaining available for borrowing under the revolving line of credit. Long-term debt in the accompanying condensed consolidated balance sheets is as follows: (In thousands) July 29, 2023 January 31, 2023 USD Term Loan ( 7.66 % as of July 29, 2023 and 6.78 % as of January 31, 2023); maturity date of August 4, 2027 $ 13,500 $ 14,250 Debt Issuance Costs, net of accumulated amortization ( 91 ) ( 110 ) Current Portion of Term Loan ( 2,700 ) ( 2,100 ) Long-Term Debt $ 10,709 $ 12,040 During the three and six months ended July 29, 2023, we recognized interest expense on debt of $ 266,000 and $ 514,000 , respectively, and during the three and six months ended July 30, 2022, we recognized interest expense on debt of $ 65,000 and $ 118,000 , respectively, which is recognized in the accompanying condensed consolidated statements of income (loss) for all periods presented. The schedule of required principal payments remaining during the next five years on long-term debt outstanding as of July 29, 2023 is as follows: (In thousands) Fiscal 2024, remainder $ 1,350 Fiscal 2025 2,700 Fiscal 2026 2,700 Fiscal 2027 2,700 Fiscal 2028 4,050 $ 13,500

Royalty Obligation

Royalty Obligation	6 Months Ended
	Jul. 29, 2023
Royalty Obligation Disclosure [Abstract]
Royalty Obligation	Note 10 – Royalty Obligation In fiscal 2018, we entered into an Asset Purchase and License Agreement with Honeywell International, Inc. (“Honeywell”) to acquire an exclusive, perpetual, world-wide license to manufacture Honeywell’s narrow-format flight deck printers for two aircraft families along with certain inventory used in the manufacturing of the licensed printers. The purchase price included a guaranteed minimum royalty payment of $ 15.0 million, to be paid over ten years , based on gross revenues from the sales of the printers, paper and repair services of the licensed products. The royalty rates vary based on the year in which they are paid or earned, and product sold or service provided, and range from single-digit to mid double-digit percentages of gross revenue. The guaranteed minimum royalty payment obligation was recorded at the present value of the minimum annual royalty payments. As of July 29, 2023, we had paid an aggregate of $ 10.0 million of the guaranteed minimum royalty obligation. At July 29, 2023, the current portion of the outstanding guaranteed minimum royalty obligation of $ 1.5 million is to be paid over the next twelve months and is reported as a current liability and the remainder of $ 2.3 million is reported as a long-term liability on our condensed consolidated balance sheet. For the three and six months ended July 30, 2023, we incurred $ 0.5 million and $ 0.9 million, respectively, in excess royalty expense which is included in cost of revenue in our consolidated statements of income. A total of $ 0.8 million in excess royalties was paid in the current fiscal year, and there are $ 0.5 million in excess royalty payables due as a result of this agreement for the quarter ended July 29, 2023. In fiscal 2023, AstroNova, Inc. entered into a second Asset Purchase and License Agreement with Honeywell International, Inc. as further discussed in Note 3 “Acquisitions”.

Leases

Leases	6 Months Ended
	Jul. 29, 2023
Leases [Abstract]
Leases	Note 11 – Leases We enter into lease contracts for certain of our facilities at various locations worldwide. Our leases have remaining lease terms of one to six years. Balance sheet and other information related to our leases is as follows: Operating Leases (In thousands) Balance Sheet Classification July 29, 2023 January 31, 2023 Lease Assets Right of Use Assets $ 735 $ 794 Lease Liabilities – Current Other Liabilities and Accrued Expenses $ 287 $ 275 Lease Liabilities – Long Term Lease Liabilities $ 530 $ 555 Lease cost information is as follows: Three Months Ended Six Months Ended Operating Leases (In thousands) Statement of Income Classification July 29, 2023 July 29, 2023 Operating Lease Costs General and Administrative Expense $ 127 $ 259 Three Months Ended Six Months Ended Operating Leases (In thousands) Statement of Income Classification July 30, 2022 July 30, 2022 Operating Lease Costs General and Administrative Expense $ 104 $ 200 Maturities of operating lease liabilities are as follows: (In thousands) July 29, 2023 Fiscal 2024, remaining $ 176 Fiscal 2025 259 Fiscal 2026 199 Fiscal 2027 151 Fiscal 2028 94 Thereafter — Total Lease Payments 879 Less: Imputed Interest ( 62 ) Total Lease Liabilities $ 817 As of July 29, 2023, the weighted-average remaining lease term and weighted-average discount rate for our operating leases are 3.3 years and 4.37 %, respectively. We calculated the weighted-average discount rate using incremental borrowing rates, which equal the rates of interest that we would pay to borrow funds on a fully collateralized basis over a similar term. Supplemental cash flow information related to leases is as follows: Three Months Ended Six Months Ended (In thousands) July 29, 2023 July 29, 2023 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 85 $ 177 Three Months Ended Six Months Ended (In thousands) July 30, 2022 July 30, 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 79 $ 162

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Jul. 29, 2023
Equity [Abstract]
Accumulated Other Comprehensive Loss	Note 12 – Accumulated Other Comprehensive Loss The changes in the balance of accumulated other comprehensive loss (“AOCL”) by component are as follows: (In thousands) Foreign Currency Balance at January 31, 2023 $ ( 2,238 ) Other Comprehensive Income before reclassification 274 Balance at July 29, 2023 $ ( 1,964 ) The amounts presented above in other comprehensive loss are net of taxes except for translation adjustments associated with our German and Danish subsidiaries.

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Jul. 29, 2023
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation	Note 13 – Share-Based Compensation We have one equity incentive plan from which we are authorized to grant equity awards, the AstroNova, Inc. 2018 Equity Incentive Plan (the “2018 Plan”). The 2018 Plan provides for, among other things, the issuance of awards, including incentive stock options, non-qualified stock options, stock appreciation rights, time-based restricted stock units (“RSUs”), or performance-based restricted stock units (“PSUs”) and restricted stock awards (“RSAs”). The 2018 Plan authorizes the issuance of up to 950,000 shares of common stock, plus an additional number of shares equal to the number of shares subject to awards granted under previous equity incentive plans that are forfeited, cancelled, satisfied without the issuance of stock, otherwise terminated (other than by exercise), or, for shares of stock issued pursuant to any unvested award, that are reacquired by us at not more than the grantee’s purchase price (other than by exercise). Under the 2018 Plan, all awards to employees generally have a minimum vesting period of one year. Options granted under the 2018 Plan must be issued at an exercise price of not less than the fair market value of our common stock on the date of grant and expire after ten years. Under the 2018 Plan, there were 124,439 unvested RSUs; 188,633 unvested PSUs; and options to purchase an aggregate of 135,500 shares outstanding as of July 29, 2023. In addition to the 2018 Plan, we previously granted equity awards under our 2015 Equity Incentive Plan (the “2015 Plan”) and our 2007 Equity Incentive Plan (the “2007 Plan”). No new awards may be issued under either the 2007 Plan or 2015 Plan, but outstanding awards will continue to be governed by those plans. As of July 29, 2023, options to purchase an aggregate of 264,949 shares were outstanding under the 2007 Plan and options to purchase an aggregate of 130,000 shares were outstanding under the 2015 Plan. We also have a Non-Employee Director Annual Compensation Program (the “Program”) under which each non-employee director receives an automatic grant of RSAs on the date of the regular full meeting of the Board of Directors held each fiscal quarter. Under the Program, the number of whole shares to be granted each quarter is equal to 25 % of the number calculated by dividing the director’s annual compensation amount by the fair market value of the Company’s stock on such day. On June 5, 2023, the director’s annual compensation amount was adjusted to be $ 70,000 . All RSA’s granted under this Program vest immediately . Share-based compensation expense was recognized as follows: Three Months Ended Six Months Ended (In thousands) July 29, July 30, July 29, July 30, Stock Options $ — $ 1 $ — $ 7 Restricted Stock Awards and Restricted Stock Units 391 234 743 562 Employee Stock Purchase Plan 7 — 11 3 Total $ 398 $ 235 $ 754 $ 572 Stock Options Aggregated information regarding stock option activity for the six months ended July 29, 2023 is summarized below: Number of Weighted Average Outstanding at January 31, 2023 547,199 $ 15.16 Granted — — Exercised ( 6,700 ) 10.57 Forfeited ( 5,825 ) 15.53 Canceled ( 4,225 ) 10.50 Outstanding at July 29, 2023 530,449 $ 15.25 Set forth below is a summary of options outstanding at July 29, 2023: Outstanding Exercisable Range of Exercise prices Number Weighted- Weighted- Number Weighted- Weighted $ 5.00 - 10.00 — $ — — — $ — — $ 10.01 - 15.00 318,174 $ 13.78 2.5 318,174 $ 13.78 2.5 $ 15.01 - 20.00 212,275 $ 17.44 4.3 212,275 $ 17.44 4.3 530,449 $ 15.25 3.2 530,449 $ 15.25 3.2 There were no stock options granted in fiscal 2023, or during the first six months of fiscal 2024, and as of July 29, 2023, there was no unrecognized compensation expense related to stock options. Restricted Stock Units (RSUs), Performance-Based Stock Units (PSUs) and Restricted Stock Awards (RSAs) Aggregated information regarding RSU, PSU and RSA activity for the six months ended July 29, 2023 is summarized below: RSUs, PSUs & RSAs Weighted Average Outstanding at January 31, 2023 274,927 $ 12.82 Granted 147,327 12.57 Vested ( 104,505 ) 12.10 Forfeited ( 4,677 ) 12.49 Outstanding at July 29, 2023 313,072 $ 12.95 As of July 29, 2023, there was approximately $ 2.0 million of unrecognized compensation expense related to RSUs, PSUs and RSAs, which is expected to be recognized over a weighted average period of 1.1 years. Employee Stock Purchase Plan On June 7, 2022, we adopted the AstroNova Inc. 2022 Employee Stock Purchase Plan (“2022 ESPP”) to replace our previous Employee Stock Purchase Plan (the “Prior ESPP”). The 2022 ESPP allows eligible employees to purchase shares of common stock at a 15 % discount from fair value on the first or last day of an offering period, whichever is less. A total of 40,000 shares were reserved for issuance under the 2022 ESPP and 5,045 shares were purchased under the 2022 ESPP during the year ended January 31, 2023. During the six months ended July 29, 2023, there were 4,822 shares purchased under the 2022 ESPP. During the six months ended July 30, 2022, there were 1,550 shares purchased under the Prior ESPP, and no additional purchases may be made under the Prior ESPP. As of July 29, 2023, 30,130 shares remain available for purchase under the 2022 ESPP.

Income Taxes

Income Taxes	6 Months Ended
	Jul. 29, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Note 14 – Income Taxes Our effective tax rates are as follows: Three Months Six Months Fiscal 2024 19.4 % 21.5 % Fiscal 2023 27.4 % 21.7 % We determine our estimated annual effective tax rate at the end of each interim period based on full-year forecasted pre-tax income and facts known at that time. The estimated annual effective tax rate is applied to the year-to-date pre-tax income at the end of each interim period with the cumulative effect of any changes in the estimated annual effective tax rate being recorded in the fiscal quarter in which the change is determined. The tax effect of significant unusual items is reflected in the period in which they occur. During the three months ended July 29, 2023, we recognized an income tax benefit of $ 390,000 . The effective tax rate in this period was directly impacted by our jurisdictional mix of earnings, a $ 29,000 tax expense related to foreign return to provision differences and a $ 20,675 tax arising from windfall tax benefits related to our stock. During the three months ended July 30, 2022, we recognized an income tax expense of $ 220,000 . The effective tax rate in this period was directly impacted by our jurisdictional mix of earnings and a $ 13,000 tax expense relating to a revaluation of deferred taxes. During the six months ended July 29, 2023, we recognized an income tax benefit of $ 211,000 . The effective tax rate in this period was directly impacted by our jurisdictional mix of earnings, a $ 77,000 tax benefit related to the expiration of the statute of limitations on a previously uncertain tax position, a $ 49,000 tax benefit arising from windfall tax benefits related to the Company’s stock, and a $ 29,000 tax expense related to foreign return to provision differences. During the six months ended July 30, 2022, we recognized an income tax expense of $ 280,000 . The effective tax rate in this period was directly impacted by our jurisdictional mix of earnings, a $ 38,000 tax benefit related to the expiration of the statute of limitations on previously uncertain tax positions, a $ 21,000 tax benefit arising from windfall tax expense related to our stock, and a $ 13,000 tax expense relating to a revaluation of deferred taxes.

Segment Information

Segment Information	6 Months Ended
	Jul. 29, 2023
Segment Reporting [Abstract]
Segment Information	Note 15 – Segment Information We report two segments: PI and T&M. We evaluate segment performance based on the segment profit before corporate expenses. Summarized below are the Revenue and Segment Operating Profit (Loss) for each reporting segment: Three Months Ended Six Months Ended Revenue Segment Operating Profit (Loss) Revenue Segment Operating Profit (Loss) (In thousands) July 29, July 30, July 29, July 30, July 29, July 30, July 29, July 30, Product Identification $ 25,777 $ 23,382 $ ( 461 ) $ 1,644 $ 50,872 $ 45,106 $ 2,055 $ 3,058 T&M 9,747 8,877 1,917 2,162 20,071 18,163 3,989 4,072 Total $ 35,524 $ 32,259 1,456 3,806 $ 70,943 $ 63,269 6,044 7,130 Corporate Expenses 2,654 2,571 5,780 5,131 Operating Income (Loss) ( 1,198 ) 1,235 264 1,999 Other Income (Expense), Net ( 809 ) ( 431 ) ( 1,244 ) ( 710 ) Income (Loss) Before Income Taxes ( 2,007 ) 804 ( 980 ) 1,289 Income Tax Provision (Benefit) ( 390 ) 220 ( 211 ) 280 Net Income (Loss) $ ( 1,617 ) $ 584 $ ( 769 ) $ 1,009

Fair Value

Fair Value	6 Months Ended
	Jul. 29, 2023
Fair Value Disclosures [Abstract]
Fair Value	Note 16 – Fair Value Assets and Liabilities Not Recorded at Fair Value Our long-term debt, including the current portion of long-term debt not reflected in the financial statements at fair value, is reflected in the table below: July 29, 2023 Fair Value Measurement (In thousands) Level 1 Level 2 Level 3 Total Carrying Value Long-Term debt and related current maturities $ — $ — $ 13,500 $ 13,500 $ 13,563 January 31, 2023 Fair Value Measurement (In thousands) Level 1 Level 2 Level 3 Total Carrying Value Long-Term debt and related current maturities $ — $ — $ 14,310 $ 14,310 $ 14,250 The fair value of our long-term debt, including the current portion, is estimated by discounting the future cash flows using current interest rates at which similar loans with the same maturities would be made to borrowers with similar credit ratings and is classified as Level 3.

Restructuring

Restructuring	6 Months Ended
	Jul. 29, 2023
Restructuring and Related Activities [Abstract]
Restructuring	Note 17 - Restructuring On July 26, 2023, we adopted a restructuring plan for our Product Identification segment. As part of the restructuring plan, we will transition a portion of the printer manufacturing within our Product Identification segment from our facilities in Asia and Rhode Island to our Astro Machine, Inc. facility located in Illinois. In addition, we will cease selling certain of our older, lower-margin or low-volume Product Identification segment products. As part of the restructuring plan, we also intend to consolidate certain of our international Product Identification sales and distribution facilities and to streamline our channel partner network. In addition, we have made targeted reductions to our workforce. We expect to substantially complete this plan during fiscal year 2024. As a result of the adoption and implementation of our Product Identification segment restructuring plan, in the second quarter of our fiscal year 2024 we recognized pre-tax restructuring charge of $ 2.7 million, comprised primarily of non-cash charges related to inventory write-offs associated with product curtailment and discontinuation and facility exit related costs, and cash charges related to severance-related costs. Below is a summary of the restructuring costs and liability by type as of July 29, 2023. (in thousands) Restructuring Costs Amounts Paid in quarter ended July 29, 2023 Restructuring Liability Severance and Employee Related Costs $ 611 $( 40 ) $ 571 Inventory Write-Off 1,991 - - Facility Exit and Other Restructuring Costs 49 - - Total $ 2,651 $( 40 ) $ 571 The restructuring liability is included in other accrued expenses in the accompanying condensed consolidated balance sheet as of July 29, 2023, and the majority of the balance is expected to be paid by the end of our fiscal 2024. The following table summarizes restructuring costs included in the accompanying condensed consolidated statement of income (loss): (in thousands) Three and Six Months Ended July 29, 2023 Cost of Revenue $ 2,096 Operating Expenses: Selling & Marketing 443 Research & Development 29 General & Administrative 83 Total $ 2,651 Product Retrofit Program In connection with our restructuring plan, we identified the need to address quality and reliability issues in certain models of our PI printers as a result of faulty ink provided by one of our larger suppliers. In order to remedy these issues and maintain solid customer relationships, during the second quarter of the current year we have initiated a program to retrofit all of the printers sold to our customers that were affected by the faulty ink. Upon initiating this program, we identified approximately 150 printers sold to our customers that were affected by the faulty ink. We are working with our customers to either repair or replace the affected printers and will do this on a gradual basis beginning in the current quarter through March 2024. The estimated costs associated with this program are $ 0.9 million, which includes the cost of parts, labor and travel. Those costs were recognized and recorded in the second quarter of the current year and are included in cost of revenue in the accompanying consolidated statement of income (loss) for the three and six month periods ended July 29, 2023. The balance in the related liability, which is included in other accrued expenses in the accompanying condensed consolidated balance sheet at July 29, 2023, is as fol lows: (in thousands) Provision for Product Retrofit Program $ 852 Cost of Repairs and Replacements incurred through July 29, 2023 ( 149 ) Balance at July 29, 2023 $ 703

Summary of Significant Accoun_2

Summary of Significant Accounting Policies Update (Policies)	6 Months Ended
	Jul. 29, 2023
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of AstroNova, Inc. and its wholly-owned subsidiaries. All significant intercompany accounts and transactions are eliminated in consolidation.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements No new accounting pronouncements, issued or effective during the first six months of the current year, have had or are expected to have a material impact on our consolidated financial statements.

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jul. 29, 2023
Business Combinations [Abstract]
Summary of Purchase Price of Acquisition Allocated on Basis of Fair Value	The following table sets forth the final purchase price allocation of the Astro Machine acquisition for the estimated fair value of the net assets acquired and liabilities assumed as of the date of acquisition: (In thousands) Cash $ 91 Accounts Receivable 3,393 Inventory 5,715 Property, Plant and Equipment 4,200 Identifiable Intangible Assets 3,480 Goodwill 2,730 Accounts Payable and Other Current Liabilities ( 2,484 ) Total Purchase Price $ 17,125
Summary of Fair Value of the Acquired Identifiable Intangible Assets and Related Estimated Useful Lives	The following table sets forth the fair value of the acquired identifiable intangible assets and related estimated useful lives: (In thousands) Fair Useful Life Customer Relations $ 3,060 5 Trademarks/Tradenames 420 5 Total $ 3,480
Summary of Revenue and Earnings Before Taxes	The amounts of revenue and earnings before taxes attributable to Astro Machine and included in our consolidated statement of income for the three and six months ended July 29, 2023 were as follows: (In thousands) Three -Months Ended July 29, 2023 Six-Months Ended July 29, 2023 Revenue $ 4,897 $ 9,127 Earnings before Taxes $ 704 $ 1,393
Summary of Acquired Identifiable Intangible Asset	The acquired identifiable intangible asset is as follows: (In thousands) Fair Useful Life Customer Contract Relationships $ 530 20

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jul. 29, 2023
Revenue from Contract with Customer [Abstract]
Summary of Revenues Disaggregated by Primary Geographic Markets and Major Product Type	Primary geographical markets Three Months Ended Six Months Ended (In thousands) July 29, 2023 July 30, 2022 July 29, 2023 July 30, 2022 United States $ 22,342 $ 19,044 $ 45,176 $ 38,695 Europe 7,836 7,883 15,801 15,301 Canada 2,224 2,225 4,049 4,080 Asia 1,724 1,789 3,018 2,726 Central and South America 1,024 1,023 2,223 1,911 Other 374 295 676 556 Total Revenue $ 35,524 $ 32,259 $ 70,943 $ 63,269 Major product types Three Months Ended Six Months Ended (In thousands) July 29, 2023 July 30, 2022 July 29, 2023 July 30, 2022 Hardware $ 11,268 $ 8,637 $ 22,934 $ 17,937 Supplies 19,700 19,166 38,772 37,111 Service and Other 4,556 4,456 9,237 8,221 Total Revenue $ 35,524 $ 32,259 $ 70,943 $ 63,269

Net Income (Loss) Per Common _2

Net Income (Loss) Per Common Share (Tables)	6 Months Ended
	Jul. 29, 2023
Earnings Per Share [Abstract]
Summary of Basic and Diluted Net Income (Loss) Per Share	A reconciliation of the shares used in calculating basic and diluted net income (loss) per share is as follows: Three Months Ended Six Months Ended July 29, 2023 July 30, 2022 July 29, 2023 July 30, 2022 Weighted Average Common Shares Outstanding – Basic 7,420,135 7,309,716 7,396,200 7,286,735 Effect of Dilutive Options, Restricted Stock Awards and Restricted Stock Units - * 38,230 - * 67,972 Weighted Average Common Shares Outstanding – Diluted 7,420,135 7,347,946 7,396,200 7,354,707

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Jul. 29, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Fair Value of Acquired Identifiable Intangible Assets and Related Estimated Useful Lives	Intangible assets are as follows: July 29, 2023 January 31, 2023 (In thousands) Gross Carrying Amount Accumulated Amortization Currency Translation Adjustment Net Carrying Amount Gross Carrying Amount Accumulated Amortization Currency Translation Adjustment Net Carrying Amount Miltope: Customer Contract Relationships $ 3,100 $ ( 2,938 ) $ — $ 162 $ 3,100 $ ( 2,777 ) $ — $ 323 RITEC: Customer Contract Relationships 2,830 ( 1,656 ) — 1,174 2,830 ( 1,623 ) — 1,207 TrojanLabel: Existing Technology 2,327 ( 2,255 ) 96 168 2,327 ( 2,087 ) 94 334 Distributor Relations 937 ( 640 ) 37 334 937 ( 588 ) 27 376 Honeywell: Customer Contract Relationships 27,773 ( 12,362 ) — 15,411 27,773 ( 11,913 ) — 15,860 Astro Machine: Customer Contract Relationships 3,060 ( 612 ) — 2,448 3,060 ( 306 ) — 2,754 Trademarks 420 ( 84 ) — 336 420 ( 42 ) — 378 Intangible Assets, net $ 40,447 $ ( 20,547 ) $ 133 $ 20,033 $ 40,447 $ ( 19,336 ) $ 121 $ 21,232
Summary of Estimated Amortization Expense	Estimated amortization expense for the next five fiscal years is as follows: (In thousands) Remaining 2024 2025 2026 2027 2028 Estimated amortization expense $ 1,192 $ 1,724 $ 1,724 $ 1,724 $ 1,281

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jul. 29, 2023
Inventory Disclosure [Abstract]
Components of Inventories	The components of inventories are as follows: (In thousands) July 29, 2023 January 31, 2023 Materials and Supplies $ 37,806 $ 38,387 Work-In-Process 1,328 1,146 Finished Goods 19,092 23,221 58,226 62,754 Inventory Reserve ( 9,145 ) ( 11,430 ) $ 49,081 $ 51,324

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	6 Months Ended
	Jul. 29, 2023
Property, Plant and Equipment [Abstract]
Summary of Property, Plant and Equipment	Property, plant and equipment consist of the following: July 29, 2023 January 31, 2023 (In thousands) Land and Land Improvements $ 2,304 $ 2,304 Buildings and Leasehold Improvements 14,365 14,158 Machinery and Equipment 25,202 24,960 Computer Equipment and Software 14,063 13,972 Gross Property, Plant and Equipment 55,934 55,394 Accumulated Depreciation ( 42,043 ) ( 41,106 ) Net Property Plant and Equipment $ 13,891 $ 14,288

Credit Agreement and Long-Ter_2

Credit Agreement and Long-Term Debt (Tables)	6 Months Ended
	Jul. 29, 2023
Debt Disclosure [Abstract]
Schedule of Long Term Debt in the Accompanying Condensed Consolidated Balance Sheets	Long-term debt in the accompanying condensed consolidated balance sheets is as follows: (In thousands) July 29, 2023 January 31, 2023 USD Term Loan ( 7.66 % as of July 29, 2023 and 6.78 % as of January 31, 2023); maturity date of August 4, 2027 $ 13,500 $ 14,250 Debt Issuance Costs, net of accumulated amortization ( 91 ) ( 110 ) Current Portion of Term Loan ( 2,700 ) ( 2,100 ) Long-Term Debt $ 10,709 $ 12,040
Schedule of Required Principal Payments Remaining on Long Term Debt Outstanding	The schedule of required principal payments remaining during the next five years on long-term debt outstanding as of July 29, 2023 is as follows: (In thousands) Fiscal 2024, remainder $ 1,350 Fiscal 2025 2,700 Fiscal 2026 2,700 Fiscal 2027 2,700 Fiscal 2028 4,050 $ 13,500

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jul. 29, 2023
Leases [Abstract]
Schedule Of Balance Sheet And Other Information Related To Operating Leases	Balance sheet and other information related to our leases is as follows: Operating Leases (In thousands) Balance Sheet Classification July 29, 2023 January 31, 2023 Lease Assets Right of Use Assets $ 735 $ 794 Lease Liabilities – Current Other Liabilities and Accrued Expenses $ 287 $ 275 Lease Liabilities – Long Term Lease Liabilities $ 530 $ 555
Schedule Lease Cost Information	Lease cost information is as follows: Three Months Ended Six Months Ended Operating Leases (In thousands) Statement of Income Classification July 29, 2023 July 29, 2023 Operating Lease Costs General and Administrative Expense $ 127 $ 259 Three Months Ended Six Months Ended Operating Leases (In thousands) Statement of Income Classification July 30, 2022 July 30, 2022 Operating Lease Costs General and Administrative Expense $ 104 $ 200
Schedule of Maturities Of Lease Liabilities	Maturities of operating lease liabilities are as follows: (In thousands) July 29, 2023 Fiscal 2024, remaining $ 176 Fiscal 2025 259 Fiscal 2026 199 Fiscal 2027 151 Fiscal 2028 94 Thereafter — Total Lease Payments 879 Less: Imputed Interest ( 62 ) Total Lease Liabilities $ 817
Supplemental Cash Flow Information Related To Leases	Supplemental cash flow information related to leases is as follows: Three Months Ended Six Months Ended (In thousands) July 29, 2023 July 29, 2023 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 85 $ 177 Three Months Ended Six Months Ended (In thousands) July 30, 2022 July 30, 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 79 $ 162

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jul. 29, 2023
Equity [Abstract]
Changes in Balance of Accumulated Other Comprehensive Loss	The changes in the balance of accumulated other comprehensive loss (“AOCL”) by component are as follows: (In thousands) Foreign Currency Balance at January 31, 2023 $ ( 2,238 ) Other Comprehensive Income before reclassification 274 Balance at July 29, 2023 $ ( 1,964 )

Share-Based Compensation (Table

Share-Based Compensation (Tables)	6 Months Ended
	Jul. 29, 2023
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation Expense	Share-based compensation expense was recognized as follows: Three Months Ended Six Months Ended (In thousands) July 29, July 30, July 29, July 30, Stock Options $ — $ 1 $ — $ 7 Restricted Stock Awards and Restricted Stock Units 391 234 743 562 Employee Stock Purchase Plan 7 — 11 3 Total $ 398 $ 235 $ 754 $ 572
Aggregated Information Regarding Stock Option Activity	Aggregated information regarding stock option activity for the six months ended July 29, 2023 is summarized below: Number of Weighted Average Outstanding at January 31, 2023 547,199 $ 15.16 Granted — — Exercised ( 6,700 ) 10.57 Forfeited ( 5,825 ) 15.53 Canceled ( 4,225 ) 10.50 Outstanding at July 29, 2023 530,449 $ 15.25
Summary of Options Outstanding	Set forth below is a summary of options outstanding at July 29, 2023: Outstanding Exercisable Range of Exercise prices Number Weighted- Weighted- Number Weighted- Weighted $ 5.00 - 10.00 — $ — — — $ — — $ 10.01 - 15.00 318,174 $ 13.78 2.5 318,174 $ 13.78 2.5 $ 15.01 - 20.00 212,275 $ 17.44 4.3 212,275 $ 17.44 4.3 530,449 $ 15.25 3.2 530,449 $ 15.25 3.2
Aggregated Information Regarding RSU, PSU and RSA Activity	Aggregated information regarding RSU, PSU and RSA activity for the six months ended July 29, 2023 is summarized below: RSUs, PSUs & RSAs Weighted Average Outstanding at January 31, 2023 274,927 $ 12.82 Granted 147,327 12.57 Vested ( 104,505 ) 12.10 Forfeited ( 4,677 ) 12.49 Outstanding at July 29, 2023 313,072 $ 12.95

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jul. 29, 2023
Income Tax Disclosure [Abstract]
Projected Effective Tax Rates	Our effective tax rates are as follows: Three Months Six Months Fiscal 2024 19.4 % 21.5 % Fiscal 2023 27.4 % 21.7 %

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jul. 29, 2023
Segment Reporting [Abstract]
Net Sales and Segment Operating Profit (Loss) for Each Reporting Segment	Summarized below are the Revenue and Segment Operating Profit (Loss) for each reporting segment: Three Months Ended Six Months Ended Revenue Segment Operating Profit (Loss) Revenue Segment Operating Profit (Loss) (In thousands) July 29, July 30, July 29, July 30, July 29, July 30, July 29, July 30, Product Identification $ 25,777 $ 23,382 $ ( 461 ) $ 1,644 $ 50,872 $ 45,106 $ 2,055 $ 3,058 T&M 9,747 8,877 1,917 2,162 20,071 18,163 3,989 4,072 Total $ 35,524 $ 32,259 1,456 3,806 $ 70,943 $ 63,269 6,044 7,130 Corporate Expenses 2,654 2,571 5,780 5,131 Operating Income (Loss) ( 1,198 ) 1,235 264 1,999 Other Income (Expense), Net ( 809 ) ( 431 ) ( 1,244 ) ( 710 ) Income (Loss) Before Income Taxes ( 2,007 ) 804 ( 980 ) 1,289 Income Tax Provision (Benefit) ( 390 ) 220 ( 211 ) 280 Net Income (Loss) $ ( 1,617 ) $ 584 $ ( 769 ) $ 1,009

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jul. 29, 2023
Fair Value Disclosures [Abstract]
Summary of Changes in Fair value of Level 3 Financial Liability	Our long-term debt, including the current portion of long-term debt not reflected in the financial statements at fair value, is reflected in the table below: July 29, 2023 Fair Value Measurement (In thousands) Level 1 Level 2 Level 3 Total Carrying Value Long-Term debt and related current maturities $ — $ — $ 13,500 $ 13,500 $ 13,563 January 31, 2023 Fair Value Measurement (In thousands) Level 1 Level 2 Level 3 Total Carrying Value Long-Term debt and related current maturities $ — $ — $ 14,310 $ 14,310 $ 14,250

Restructuring (Tables)

Restructuring (Tables)	6 Months Ended
	Jul. 29, 2023
Restructuring and Related Activities [Abstract]
Summary of Restructuring Cost and Liability by Type	Below is a summary of the restructuring costs and liability by type as of July 29, 2023. (in thousands) Restructuring Costs Amounts Paid in quarter ended July 29, 2023 Restructuring Liability Severance and Employee Related Costs $ 611 $( 40 ) $ 571 Inventory Write-Off 1,991 - - Facility Exit and Other Restructuring Costs 49 - - Total $ 2,651 $( 40 ) $ 571
Summarizes Restructuring Costs	The following table summarizes restructuring costs included in the accompanying condensed consolidated statement of income (loss): (in thousands) Three and Six Months Ended July 29, 2023 Cost of Revenue $ 2,096 Operating Expenses: Selling & Marketing 443 Research & Development 29 General & Administrative 83 Total $ 2,651
Schedule of Product Retrofit Program Liabilities	The balance in the related liability, which is included in other accrued expenses in the accompanying condensed consolidated balance sheet at July 29, 2023, is as fol lows: (in thousands) Provision for Product Retrofit Program $ 852 Cost of Repairs and Replacements incurred through July 29, 2023 ( 149 ) Balance at July 29, 2023 $ 703

Business and Basis of Present_2

Business and Basis of Presentation - Additional Information (Detail)	6 Months Ended
	Jul. 29, 2023 Segment
Number of Operating Segments	2

Acquisitions - Summary of Purch

Acquisitions - Summary of Purchase Price of Acquisition Allocated on Basis of Fair Value (Detail) - USD ($) $ in Thousands	Jul. 29, 2023	Jan. 31, 2023	Aug. 04, 2022
Business Acquisition [Line Items]
Goodwill	$ 14,760	$ 14,658
Agreement With Astro Machine For Asset Acquisitions [Member]
Business Acquisition [Line Items]
Cash			$ 91
Accounts Receivable			3,393
Inventory			5,715
Property, Plant and Equipment			4,200
Identifiable Intangible Assets			3,480
Goodwill	$ 2,700		2,730
Accounts Payable and Other Current Liabilities			(2,484)
Total Purchase Price			$ 17,125

Acquisitions - Summary of Fair

Acquisitions - Summary of Fair Value of the Acquired Identifiable Intangible Assets and Related Estimated Useful Lives (Detail) $ in Thousands	Aug. 04, 2022 USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value	$ 3,480
Customer Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value	$ 3,060
Useful Life (Years)	5 years
Trademarks and Trade Names [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value	$ 420
Useful Life (Years)	5 years

Acquisitions - Summary of Reven

Acquisitions - Summary of Revenue and Earnings Before Taxes (Detail) - Agreement With Astro Machine For Asset Acquisitions [Member] - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jul. 29, 2023	Jul. 29, 2023
Business Acquisition Pro Forma Information [Line Items]
Revenue	$ 4,897	$ 9,127
Earnings before Taxes	$ 704	$ 1,393

Acquisitions - Summary of Acqui

Acquisitions - Summary of Acquired Identifiable Intangible Asset (Detail) - Customer Contract Relationships [Member] $ in Thousands	Jul. 29, 2023 USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value	$ 530
Useful Life (Years)	20 years

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail)		3 Months Ended	6 Months Ended	12 Months Ended
	Aug. 04, 2022 USD ($) ft²	Jul. 29, 2023 USD ($)	Jul. 29, 2023 USD ($)	Jan. 31, 2023 USD ($)
Business Acquisition [Line Items]
Area of Land | ft²	34,460
Goodwill		$ 14,760,000	$ 14,760,000	$ 14,658,000
Royalty expense			200,000	100,000
Royalty guarantee commitement due current and non current discounted value		600,000	600,000	500,000
Royalty Payments Due In Next Twelve Months [Member]
Business Acquisition [Line Items]
Royalty guarantee commitement amount		100,000	100,000
Royalty Payments Due Year Two [Member]
Business Acquisition [Line Items]
Royalty guarantee commitement amount		200,000	200,000
Royalty Payments Due Year Three [Member]
Business Acquisition [Line Items]
Royalty guarantee commitement amount		233,000	233,000
Royalty Payments Due Year Four [Member]
Business Acquisition [Line Items]
Royalty guarantee commitement amount		233,000	233,000
Royalty Payments Due Year Five [Member]
Business Acquisition [Line Items]
Royalty guarantee commitement amount		234,000	234,000
Honeywell Asset Purchase and License Agreement [Member]
Business Acquisition [Line Items]
Excess Royalty Payments		500,000	900,000
Additional royalty payments		100,000
Non Current Liability [Member]
Business Acquisition [Line Items]
Royalty guarantees commitments amount non current		100,000	$ 100,000
Measurement Input Royalty Rate [Member]
Business Acquisition [Line Items]
Fair Value Of Intangible Assets Measurement Input	0.0075
Measurement Input Customer Attrition Rate [Member]
Business Acquisition [Line Items]
Fair Value Of Intangible Assets Measurement Input	0.18
Measurement Input, Discount Rate [Member]
Business Acquisition [Line Items]
Fair Value Of Intangible Assets Measurement Input	0.19
Agreement With Astro Machine For Asset Acquisitions [Member]
Business Acquisition [Line Items]
Purchase price of acquisition	$ 15,600,000
Business Combination, Consideration Transferred	$ 17,100,000
Payments to Acquire Businesses, Gross	100%
Purchase price into an escrow account	$ 300,000
Payments to Acquire Additional Interest in Subsidiaries	1,500,000
Number of Acres of land			1.26
Goodwill	$ 2,730,000	$ 2,700,000	$ 2,700,000
Agreement With Astro Machine For Asset Acquisitions [Member] | General and Administrative Expense [Member]
Business Acquisition [Line Items]
Business Combination, Acquisition Related Costs				$ 700,000

Revenue Recognition - Summary o

Revenue Recognition - Summary of Revenues Disaggregated by Primary Geographic Markets (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2023	Jul. 30, 2022	Jul. 29, 2023	Jul. 30, 2022
Disaggregation of Revenue [Line Items]
Total Revenue	$ 35,524	$ 32,259	$ 70,943	$ 63,269
United States [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	22,342	19,044	45,176	38,695
Europe [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	7,836	7,883	15,801	15,301
Canada [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	2,224	2,225	4,049	4,080
Asia [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	1,724	1,789	3,018	2,726
Central and South America [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	1,024	1,023	2,223	1,911
Other [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	$ 374	$ 295	$ 676	$ 556

Revenue Recognition - Summary_2

Revenue Recognition - Summary of Revenues Disaggregated by Primary Product Type (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2023	Jul. 30, 2022	Jul. 29, 2023	Jul. 30, 2022
Disaggregation of Revenue [Line Items]
Total Revenue	$ 35,524	$ 32,259	$ 70,943	$ 63,269
Hardware [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	11,268	8,637	22,934	17,937
Supplies [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	19,700	19,166	38,772	37,111
Service and Other [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	$ 4,556	$ 4,456	$ 9,237	$ 8,221

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Detail) - USD ($)	3 Months Ended	6 Months Ended	12 Months Ended
	Jul. 29, 2023	Jul. 29, 2023	Jan. 31, 2023	Dec. 31, 2022
Contract liabilities and extended warranties	$ 329,000	$ 329,000	$ 412,000
Revenue recognized	252,000	252,000
Contract assets balance	1,300,000	1,300,000	1,400,000
Amortization of incremental direct costs	19,000	37,000
Deferred incremental direct contract costs reported in other current assets	100,000	$ 100,000
Capitalized contract costs amounts incurred amortization period		18 years
Aerospace Customer [Member]
Deferred incremental direct contract costs reported in other current assets	1,200,000	$ 1,200,000
Contract with customer liability				$ 3,250,000
Deferred Revenue	1,500,000	1,500,000	2,150,000
Revenue recognized	$ 300,000	$ 600,000	$ 1,100,000

Net Income (Loss) Per Common _3

Net Income (Loss) Per Common Share - Reconciliation of Shares Used in Calculating Basic and Diluted (Detail) - shares	3 Months Ended		6 Months Ended
	Jul. 29, 2023	Jul. 30, 2022	Jul. 29, 2023	Jul. 30, 2022
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Weighted Average Common Shares Outstanding – Basic	7,420,135	7,309,716	7,396,200	7,286,735
Effect of Dilutive Options, Restricted Stock Awards and Restricted Stock Units	74,178		77,150
Weighted Average Number of Common Shares Outstanding—Diluted	7,420,135	7,347,946	7,396,200	7,354,707
Restricted Stock Awards and Restricted Stock Units [Member]
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Effect of Dilutive Options, Restricted Stock Awards and Restricted Stock Units		38,230		67,972

Net Income (Loss) Per Common _4

Net Income (Loss) Per Common Share - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jul. 29, 2023	Jul. 30, 2022	Jul. 29, 2023	Jul. 30, 2022
Earnings Per Share [Abstract]
Effect of potentially dilute earnings per share	74,178		77,150
Number of common equivalent shares	226,457	612,116	376,468	586,084

Intangible Assets - Fair Value

Intangible Assets - Fair Value of Acquired Identifiable Intangible Assets and Related Estimated Useful Lives (Detail) - USD ($) $ in Thousands	Jul. 29, 2023	Jan. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 40,447	$ 40,447
Accumulated Amortization	(20,547)	(19,336)
Currency Translation Adjustment	133	121
Net Carrying Amount	20,033	21,232
Customer Contract Relationships [Member] | Honeywell Asset Purchase and License Agreement [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	27,773	27,773
Accumulated Amortization	(12,362)	(11,913)
Net Carrying Amount	15,411	15,860
Customer Contract Relationships [Member] | Miltope [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	3,100	3,100
Accumulated Amortization	(2,938)	(2,777)
Net Carrying Amount	162	323
Customer Contract Relationships [Member] | RITEC [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,830	2,830
Accumulated Amortization	(1,656)	(1,623)
Net Carrying Amount	1,174	1,207
Customer Contract Relationships [Member] | Agreement With Astro Machine For Asset Acquisitions [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	3,060	3,060
Accumulated Amortization	(612)	(306)
Net Carrying Amount	2,448	2,754
Existing Technology [Member] | TrojanLabel ApS [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,327	2,327
Accumulated Amortization	(2,255)	(2,087)
Currency Translation Adjustment	96	94
Net Carrying Amount	168	334
Distributor Relations [Member] | TrojanLabel ApS [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	937	937
Accumulated Amortization	(640)	(588)
Currency Translation Adjustment	37	27
Net Carrying Amount	334	376
Trademarks [Member] | Agreement With Astro Machine For Asset Acquisitions [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	420	420
Accumulated Amortization	(84)	(42)
Net Carrying Amount	$ 336	$ 378

Intangible Assets - Additional

Intangible Assets - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jul. 29, 2023	Jul. 30, 2022	Jul. 29, 2023	Jul. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Impairments of intangible assets			$ 0	$ 0
Amortization expense	$ 600,000	$ 400,000	$ 1,200,000	$ 800,000

Intangible Assets - Summary of

Intangible Assets - Summary of Estimated Amortization Expense (Detail) $ in Thousands	Jul. 29, 2023 USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
Remaining 2024	$ 1,192
2025	1,724
2026	1,724
2027	1,724
2028	$ 1,281

Inventories - Components of Inv

Inventories - Components of Inventories (Detail) - USD ($) $ in Thousands	Jul. 29, 2023	Jan. 31, 2023
Inventory Disclosure [Abstract]
Materials and Supplies	$ 37,806	$ 38,387
Work-In-Progress	1,328	1,146
Finished Goods	19,092	23,221
Inventory, Gross	58,226	62,754
Inventory Reserve	(9,145)	(11,430)
Inventories	$ 49,081	$ 51,324

Property, Plant and Equipment -

Property, Plant and Equipment - Summary of Property, Plant and Equipment (Detail) - USD ($) $ in Thousands	Jul. 29, 2023	Jan. 31, 2023
Property, Plant and Equipment [Abstract]
Land and Land Improvements	$ 2,304	$ 2,304
Buildings and Leasehold Improvements	14,365	14,158
Machinery and Equipment	25,202	24,960
Computer Equipment and Software	14,063	13,972
Gross Property, Plant and Equipment	55,934	55,394
Accumulated Depreciation	(42,043)	(41,106)
Net Property Plant and Equipment	$ 13,891	$ 14,288

Property, Plant and Equipment_2

Property, Plant and Equipment - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 29, 2023	Jul. 30, 2022	Jul. 29, 2023	Jul. 30, 2022
Property, Plant and Equipment [Abstract]
Depreciation expense on property, plant and equipment	$ 0.5	$ 0.5	$ 0.9	$ 1

Credit Agreement and Long- Term

Credit Agreement and Long- Term Debt - Additional Information (Detail) - USD ($)		3 Months Ended		6 Months Ended		9 Months Ended	42 Months Ended
	Aug. 04, 2022	Jul. 29, 2023	Jul. 30, 2022	Jul. 29, 2023	Jul. 30, 2022	Jul. 31, 2023	Apr. 30, 2027	Aug. 03, 2022
Debt Instrument [Line Items]
Revolving loan outstanding		$ 13,900,000		$ 13,900,000
Interest Expense, Debt		266,000	$ 65,000	$ 514,000	$ 118,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Variable interest rate				0.50
LIBOR [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Interest rate				1%
Federal Funds Effective Swap Rate [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Interest rate				0.50%
Minimum [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Commitment fee rate				0.15%
Percentage added to variable rate				0.60%
Minimum [Member] | LIBOR [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Interest rate				1.60%
Maximum [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Commitment fee rate				0.35%
Percentage added to variable rate				1.50%
Maximum [Member] | LIBOR [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Interest rate				2.50%
Bank of America, N.A. [Member] | Term Loan [Member]
Debt Instrument [Line Items]
Debt Instrument, principal Periodic payment						$ 375,000	$ 675,000
Bank of America, N.A. [Member] | Term Loan [Member] | Second Amendment Credit Agreement [Member]
Debt Instrument [Line Items]
Proceeds from long term line of credit	$ 6,000,000
Bank of America, N.A. [Member] | Term Loan [Member] | Additional Term Loan Availed [Member] | Second Amendment Credit Agreement [Member]
Debt Instrument [Line Items]
Principal amount of debt	6,000,000
Bank of America, N.A. [Member] | Term Loan [Member] | Before Amendment To The Credit Agreement [Member]
Debt Instrument [Line Items]
Principal amount of debt	9,000,000
Bank of America, N.A. [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Remaining Borrowing Capacity		$ 11,100,000		$ 11,100,000
Long term debt weighted average interest rate over a period of time		7.95%	5.17%	7.56%	4.79%
Bank of America, N.A. [Member] | Revolving Credit Facility [Member] | Second Amendment Credit Agreement [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	25,000,000
Proceeds from long term line of credit	$ 12,400,000
Bank of America, N.A. [Member] | Revolving Credit Facility [Member] | Before Amendment To The Credit Agreement [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity								$ 22,500,000
Bank of America, N.A. [Member] | Revolving Credit Facility [Member] | Other Expense [Member]
Debt Instrument [Line Items]
Interest Expense, Debt		$ 333,000	$ 45,000	$ 625,000	$ 69,000
Line of Credit Facility, Commitment Fee Amount		$ 6,000		$ 14,000	$ 20,000

Credit Agreement and Long- Te_2

Credit Agreement and Long- Term Debt - Schedule of Long Term Debt in the Accompanying Condensed Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands	Jul. 29, 2023	Jan. 31, 2023
Debt Instrument [Line Items]
Debt Issuance Costs, net of accumulated amortization	$ (91)	$ (110)
Current Portion of Term Loan	(2,700)	(2,100)
Long-Term Debt	10,709	12,040
Term Loan Due August 4, 2027 [Member]
Debt Instrument [Line Items]
USD Term Loan	$ 13,500	$ 14,250

Credit Agreement and Long- Te_3

Credit Agreement and Long- Term Debt - Schedule of Long Term Debt in the Accompanying Condensed Consolidated Balance Sheets (Parenthetical) (Detail) - Term Loan Due August 4, 2027 [Member]	6 Months Ended	12 Months Ended
	Jul. 29, 2023	Jan. 31, 2023
Debt Instrument [Line Items]
Debt instrument, description of variable rate basis	(7.66% as of July 29, 2023 and 6.78%   as of January 31, 2023); maturity date of August 4,   2027
Interest rate	7.66%	6.78%
Debt instrument, maturity date	Aug. 04, 2027	Aug. 04, 2027

Credit Agreement and Long- Te_4

Credit Agreement and Long- Term Debt - Schedule of Required Principal Payments Remaining on Long Term Debt Outstanding (Detail) - Term Loan [Member] $ in Thousands	Jul. 29, 2023 USD ($)
Debt Instrument [Line Items]
Fiscal 2024, remainder	$ 1,350
Fiscal 2025	2,700
Fiscal 2026	2,700
Fiscal 2027	2,700
Fiscal 2028	4,050
Long-term Debt	$ 13,500

Royalty Obligation - Additional

Royalty Obligation - Additional Information (Detail) - USD ($) $ in Thousands		3 Months Ended	6 Months Ended
	Jan. 31, 2018	Jul. 29, 2023	Jul. 29, 2023	Jan. 31, 2023
Guaranteed Minimum Royalty Payments			$ 10,000
Royalty Obligation, Current		$ 1,600	1,600	$ 1,725
Royalty Obligation Non Current		2,789	2,789	3,415
Accrued Royalties, Current, Excess Royalty Payment Due		613	613	$ 562
Honeywell Asset Purchase and License Agreement [Member]
Payment Term Period	10 years
Minimum Royalty Payment Obligation	$ 15,000
Royalty Obligation, Current		1,500	1,500
Royalty Obligation Non Current		2,300	2,300
Excess Royalty Payments		500	900
Accrued Royalties, Current, Excess Royalty Payment Due		800	800
Accrued Royalties Current Excess Royalty Payments Due		$ 500	$ 500

Leases - Schedule Of Balance Sh

Leases - Schedule Of Balance Sheet And Other Information Related To Operating Leases (Detail) - USD ($) $ in Thousands	Jul. 29, 2023	Jan. 31, 2023
Operating Leases [Abstract]
Lease Assets	$ 735	$ 794
Lease Liabilities - Current	287	275
Lease Liabilities - Long Term	$ 530	$ 555

Leases - Lease Cost Information

Leases - Lease Cost Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2023	Jul. 30, 2022	Jul. 29, 2023	Jul. 30, 2022
General and Administrative Expense [Member]
Operating Lease Costs	$ 127	$ 104	$ 259	$ 200

Leases - Maturities of lease li

Leases - Maturities of lease liabilities (Detail) $ in Thousands	Jul. 29, 2023 USD ($)
Leases [Abstract]
Fiscal 2024, remaining	$ 176
Fiscal 2025	259
Fiscal 2026	199
Fiscal 2027	151
Fiscal 2028	94
Thereafter	0
Total Lease Payments	879
Less: Imputed Interest	(62)
Total Lease Liabilities	$ 817

Leases - Additional Information

Leases - Additional Information (Detail)	Jul. 29, 2023
Leases [Abstract]
Operating Lease, Weighted Average Remaining Lease Term	3 years 3 months 18 days
Operating Lease, Weighted Average Discount Rate, Percent	4.37%

Leases - Supplemental cash flow

Leases - Supplemental cash flow information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2023	Jul. 30, 2022	Jul. 29, 2023	Jul. 30, 2022
Cash paid for amounts included in the measurement of lease liabilities [Abstract]
Operating cash flows for operating leases	$ 85	$ 79	$ 177	$ 162

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Changes in Balance of Accumulated Other Comprehensive Loss (Detail) $ in Thousands	6 Months Ended
	Jul. 29, 2023 USD ($)
Schedule of Capitalization, Equity [Line Items]
Beginning Balance	$ 84,367
Ending Balance	84,401
Foreign Currency Translation Adjustments [Member]
Schedule of Capitalization, Equity [Line Items]
Beginning Balance	(2,238)
Other Comprehensive Income before reclassification	274
Ending Balance	$ (1,964)

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail) - USD ($)		3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 05, 2023	Jul. 29, 2023	Jul. 30, 2022	Jul. 29, 2023	Jul. 30, 2022	Jan. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares outstanding		530,449		530,449		547,199
Number of options granted				0		0
Annual compensation amount		$ 398,000	$ 235,000	$ 754,000	$ 572,000
Reservation of shares under Stock Purchase Plan						40,000
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Stock Purchase Plan discount rate						15%
2007 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares outstanding		264,949		264,949
2018 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized for grant under the Plan		950,000		950,000
Number of shares outstanding		135,500		135,500
2022 Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares purchase under Employee Stock Purchase Plan				4,822		5,045
Shares available for grant under the Plan		30,130		30,130
Prior Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares purchase under Employee Stock Purchase Plan					1,550
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense related to options		$ 0		$ 0
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense to be recognized, Weighted average period				1 year 1 month 6 days
Unrecognized compensation expense related to RSUs and RSAs		$ 2,000,000		$ 2,000,000
Restricted Stock Units (RSUs) [Member] | 2018 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of unvested shares		124,439		124,439
RSA [Member] | 2015 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares outstanding		130,000		130,000
Performance Based RSUs [Member] | 2018 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of unvested shares		188,633		188,633
Restricted Stock Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of number of shares granted				25%
Annual compensation amount	$ 70,000

Share-Based Compensation - Shar

Share-Based Compensation - Share-Based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2023	Jul. 30, 2022	Jul. 29, 2023	Jul. 30, 2022
Share-based Compensation [Abstract]
Stock Options	$ 0	$ 1	$ 0	$ 7
Restricted Stock Awards and Restricted Stock Units	391	234	743	562
Employee Stock Purchase Plan	7	0	11	3
Total	$ 398	$ 235	$ 754	$ 572

Share-Based Compensation - Aggr

Share-Based Compensation - Aggregated Information Regarding Stock Option Activity (Detail) - $ / shares	6 Months Ended	12 Months Ended
	Jul. 29, 2023	Jan. 31, 2023
Share-based Compensation [Abstract]
Beginning balance, Number of Options	547,199
Granted, Number of Options	0	0
Exercised, Number of Options	(6,700)
Forfeited, Number of Options	(5,825)
Canceled, Number of Options	(4,225)
Ending balance, Number of Options	530,449	547,199
Beginning balance, Weighted-Average Exercise Price	$ 15.16
Granted, Weighted-Average Exercise Price	0
Exercised, Weighted-Average Exercise Price	10.57
Forfeited, Weighted-Average Exercise Price	15.53
Cancelled, Weighted-Average Exercise Price	10.5
Ending balance, Weighted-Average Exercise Price	$ 15.25	$ 15.16

Share-Based Compensation - Summ

Share-Based Compensation - Summary of Options Outstanding (Detail) - $ / shares	6 Months Ended
	Jul. 29, 2023	Jan. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares outstanding, total	530,449	547,199
Outstanding, Weighted Average Exercise Price	$ 15.25
Outstanding Remaining Contractual Life	3 years 2 months 12 days
Number of shares exercisable, total	530,449
Exercisable, Weighted Average Exercise Price	$ 15.25
Exercisable Remaining Contractual Life	3 years 2 months 12 days
$5.00 - $10.00 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Range of Exercise prices, Lower Limit	$ 5
Outstanding Range of Exercise prices, Upper Limit	$ 10
Outstanding, Number of shares	0
Outstanding, Weighted Average Exercise Price	$ 0
Exercisable, Number of shares	0
Exercisable, Weighted Average Exercise Price	$ 0
$10.01 - $15.00 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Range of Exercise prices, Lower Limit	10.01
Outstanding Range of Exercise prices, Upper Limit	$ 15
Outstanding, Number of shares	318,174
Outstanding, Weighted Average Exercise Price	$ 13.78
Outstanding Remaining Contractual Life	2 years 6 months
Exercisable, Number of shares	318,174
Exercisable, Weighted Average Exercise Price	$ 13.78
Exercisable Remaining Contractual Life	2 years 6 months
$15.01 - $20.00 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Range of Exercise prices, Lower Limit	$ 15.01
Outstanding Range of Exercise prices, Upper Limit	$ 20
Outstanding, Number of shares	212,275
Outstanding, Weighted Average Exercise Price	$ 17.44
Outstanding Remaining Contractual Life	4 years 3 months 18 days
Exercisable, Number of shares	212,275
Exercisable, Weighted Average Exercise Price	$ 17.44
Exercisable Remaining Contractual Life	4 years 3 months 18 days

Share-Based Compensation - Ag_2

Share-Based Compensation - Aggregated Information Regarding RSU, PSU and RSA Activity (Detail) - Restricted Stock Award Preferred Stock Unit And Restricted Stock Unit [Member]	6 Months Ended
	Jul. 29, 2023 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning balance, Outstanding Restricted Stock Units and Restricted Stock Awards | shares	274,927
Granted, Restricted Stock Units and Restricted Stock Awards | shares	147,327
Vested, Restricted Stock Units and Restricted Stock Awards | shares	(104,505)
Forfeited, Restricted Stock Units and Restricted Stock Awards | shares	(4,677)
Ending balance, Outstanding Restricted Stock Units and Restricted Stock Awards | shares	313,072
Beginning balance, Weighted Average Grant Date Fair Value | $ / shares	$ 12.82
Granted, Weighted Average Grant Date Fair Value | $ / shares	12.57
Vested, Weighted Average Grant Date Fair Value | $ / shares	12.1
Forfeited, Weighted Average Grant Date Fair Value | $ / shares	12.49
Ending balance, Weighted Average Grant Date Fair Value | $ / shares	$ 12.95

Income Taxes - Projected Effect

Income Taxes - Projected Effective Tax Rates (Detail)	3 Months Ended		6 Months Ended
	Jul. 29, 2023	Jul. 30, 2022	Jul. 29, 2023	Jul. 30, 2022
Income Tax Disclosure [Abstract]
Effective tax rates for income from continuing operations	19.40%	27.40%	21.50%	21.70%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jul. 29, 2023	Jul. 30, 2022	Jul. 29, 2023	Jul. 30, 2022
Income Tax Disclosure [Abstract]
Income tax expense (benefit)	$ (390,000)	$ 220,000	$ (211,000)	$ 280,000
Tax expenses benefits resulting from provisional adjustments	20,675		(49,000)	(21,000)
Effective income tax reconciliation tax benefit related to expiration of statute of limitations on previously uncertain tax positions			(77,000)	(38,000)
Effective income tax reconciliation tax expense related to foreign return to provision differences	$ 29,000		$ 29,000
Effective income tax reconciliation tax expense due to revaluation of deferred tax assets		$ 13,000		$ 13,000

Segment Information - Net Sales

Segment Information - Net Sales and Segment Operating Profit (Loss) for Each Reporting Segment (Detail) - USD ($)	3 Months Ended				6 Months Ended
	Jul. 29, 2023	Apr. 29, 2023	Jul. 30, 2022	Apr. 30, 2022	Jul. 29, 2023	Jul. 30, 2022
Segment Reporting Information [Line Items]
Revenue	$ 35,524,000		$ 32,259,000		$ 70,943,000	$ 63,269,000
Corporate Expenses	2,654,000		2,571,000		5,780,000	5,131,000
Operating Income (Loss)	(1,198,000)		1,235,000		264,000	1,999,000
Other Income (Expense), Net	(809,000)		(431,000)		(1,244,000)	(710,000)
Income (Loss) Before Income Taxes	(2,007,000)		804,000		(980,000)	1,289,000
Income Tax Provision (Benefit)	(390,000)		220,000		(211,000)	280,000
Net Income (Loss)	(1,617,000)	$ 848,000	584,000	$ 425,000	(769,000)	1,009,000
Product Identification [Member]
Segment Reporting Information [Line Items]
Revenue	25,777,000		23,382,000		50,872,000	45,106,000
T&M [Member]
Segment Reporting Information [Line Items]
Revenue	9,747,000		8,877,000		20,071,000	18,163,000
Operating Segments [Member]
Segment Reporting Information [Line Items]
Operating Income (Loss)	1,456,000		3,806,000		6,044,000	7,130,000
Operating Segments [Member] | Product Identification [Member]
Segment Reporting Information [Line Items]
Operating Income (Loss)	(461,000)		1,644,000		2,055,000	3,058,000
Operating Segments [Member] | T&M [Member]
Segment Reporting Information [Line Items]
Operating Income (Loss)	1,917,000		2,162,000		3,989,000	4,072,000
Corporate Expenses [Member]
Segment Reporting Information [Line Items]
Corporate Expenses	$ 2,654,000		$ 2,571,000		$ 5,780,000	$ 5,131,000

Fair Value - Schedule of Compan

Fair Value - Schedule of Company's Long-Term Debt Including the Current Portion Not Reflected in Financial Statements at Fair Value (Detail) - USD ($) $ in Thousands	Jul. 29, 2023	Jan. 31, 2023
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-Term debt and related current maturities	$ 13,500	$ 14,310
Fair Value [Member] | Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-Term debt and related current maturities	13,500	14,310
Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-Term debt and related current maturities	$ 13,563	$ 14,250

Restructuring - Additional Info

Restructuring - Additional Information (Detail) $ in Thousands	3 Months Ended	6 Months Ended
	Jul. 29, 2023 USD ($) Printer	Jul. 29, 2023 USD ($) Printer
Restructuring Cost and Reserve [Line Items]
Pre-tax restructuring	$ 2,651	$ 2,651
Product Retrofit Program [Member]
Restructuring Cost and Reserve [Line Items]
Number of printers sold to customers | Printer	150	150
Expected restructuring expense		$ 900
Severance and Related Costs [Member]
Restructuring Cost and Reserve [Line Items]
Pre-tax restructuring	$ 611
Product Identification Segment Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Pre-tax restructuring	$ 2,700

Restructuring - Summary of Rest

Restructuring - Summary of Restructuring Cost and Liability by Type (Detail) $ in Thousands	3 Months Ended	6 Months Ended
	Jul. 29, 2023 USD ($)	Jul. 29, 2023 USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	$ 2,651	$ 2,651
Amounts Paid	(40)
Restructuring Liability	571	571
Severance and Employee Related Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	611
Amounts Paid	(40)
Restructuring Liability	571	$ 571
Inventory Write-Off [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	1,991
Facility Exit and Other Restructuring Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	$ 49

Restructuring - Summarizes Rest

Restructuring - Summarizes Restructuring Costs (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jul. 29, 2023	Jul. 29, 2023
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	$ 2,651	$ 2,651
Cost of Revenue [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	2,096	2,096
Selling & Marketing [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	443	443
Research & Development [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	29	29
General & Administrative [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	$ 83	$ 83

Restructuring - Schedule of Res

Restructuring - Schedule of Restructuring Balance Related Liabilities (Detail) - Product Retrofit Program [Member] - Other Accrued Expenses [Member] $ in Thousands	Jul. 29, 2023 USD ($)
Restructuring Cost and Reserve [Line Items]
Provision for Product Retrofit Program	$ 852
Cost of Repairs and Replacements incurred	(149)
Balance at July 29, 2023	$ 703