AstroNova (ALOT) 10-Q 11 Jun 19 2020 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	May 04, 2019	Jun. 05, 2019
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	May 4, 2019
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Entity Registrant Name	AstroNova, Inc.
Entity Central Index Key	0000008146
Current Fiscal Year End Date	--01-31
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Trading Symbol	ALOT
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Common Stock, Shares Outstanding		7,008,028

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	May 04, 2019	Jan. 31, 2019
CURRENT ASSETS
Cash and Cash Equivalents	$ 5,769	$ 7,534
Accounts Receivable, net	21,970	23,486
Inventories, net	32,043	30,161
Prepaid Expenses and Other Current Assets	1,198	1,427
Total Current Assets	60,980	62,608
Property, Plant and Equipment, net	10,462	10,380
Intangible Assets, net	28,561	29,674
Goodwill	12,136	12,329
Deferred Tax Assets, net	2,927	2,928
Right of Use Assets	1,876
Other Assets	997	1,064
TOTAL ASSETS	117,939	118,983
CURRENT LIABILITIES
Accounts Payable	5,818	5,956
Accrued Compensation	2,767	5,023
Other Liabilities and Accrued Expenses	2,848	2,911
Current Portion of Long-Term Debt	4,932	5,208
Current Liability – Royalty Obligation	2,000	1,875
Revolving Credit Facility	1,500	1,500
Current Liability – Excess Royalty Payment Due	1,301	1,265
Income Taxes Payable	810	554
Deferred Revenue	350	373
Total Current Liabilities	22,326	24,665
NON CURRENT LIABILITIES
Long-Term Debt, net of current portion	11,583	12,870
Royalty Obligation, net of current portion	9,440	9,916
Lease Liabilities, net of current portion	1,472
Deferred Tax Liabilities	15	40
Other Long-Term Liabilities	1,489	1,717
TOTAL LIABILITIES	46,325	49,208
SHAREHOLDERS' EQUITY
Common Stock, $0.05 Par Value, Authorized 13,000,000 shares; Issued 10,256,071 shares and 10,218,559 shares at May 4, 2019 and January 31, 2019, respectively	513	511
Additional Paid-in Capital	54,474	53,568
Retained Earnings	50,722	49,511
Treasury Stock, at Cost, 3,265,494 and 3,261,672 shares at May 4, 2019 and January 31, 2019, respectively	(33,077)	(32,997)
Accumulated Other Comprehensive Loss, net of tax	(1,018)	(818)
TOTAL SHAREHOLDERS' EQUITY	71,614	69,775
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 117,939	$ 118,983

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	May 04, 2019	Jan. 31, 2019
Statement of Financial Position [Abstract]
Common Stock, Par Value	$ 0.05	$ 0.05
Common Stock, Shares Authorized	13,000,000	13,000,000
Common Stock, Shares Issued	10,256,071	10,218,559
Treasury Stock, Shares	3,265,494	3,261,672

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	May 04, 2019	Apr. 28, 2018
Income Statement [Abstract]
Revenue	$ 36,181	$ 31,487
Cost of Revenue	21,942	19,377
Gross Profit	14,239	12,110
Operating Expenses:
Selling and Marketing	6,765	6,500
Research and Development	2,007	1,692
General and Administrative	2,999	2,653
Operating Expenses	11,771	10,845
Operating Income, net	2,468	1,265
Other Income (Expense):
Other Expense	(368)	(270)
Income before Income Taxes	2,100	995
Income Tax Provision	400	181
Net Income	$ 1,700	$ 814
Net Income Per Common Share—Basic	$ 0.24	$ 0.12
Net Income Per Common Share—Diluted	$ 0.23	$ 0.12
Weighted Average Number of Common Shares Outstanding-Basic	6,971	6,788
Weighted Average Number of Common Shares Outstanding-Diluted	7,248	6,916

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	May 04, 2019	Apr. 28, 2018
Statement of Comprehensive Income [Abstract]
Net Income	$ 1,700	$ 814
Other Comprehensive Loss, net of taxes:
Foreign Currency Translation Adjustments	(172)	(269)
Change in Value of Derivatives Designated as Cash Flow Hedges	116	300
Gain from Cash Flow Hedges Reclassified to Income Statement	(144)	(200)
Realized Loss on Securities Available for Sale Reclassified to Income Statement		6
Other Comprehensive Loss	(200)	(163)
Comprehensive Income	$ 1,500	$ 651

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, 2018	$ 63,647	$ 500	$ 50,016	$ 45,700	$ (32,397)	$ (172)
Beginning Balance, Shares at Jan. 31, 2018		9,996,120
Share-Based Compensation	363		363
Employee Option Exercises	489	$ 3	574		(88)
Employee Option Exercises, Shares		53,010
Restricted Stock Awards Vested, net	(40)	$ 1	(1)		(40)
Restricted Stock Awards Vested, net, Shares		16,981
Common Stock – Cash Dividend—$0.07 per share	(480)			(480)
Net Income	814			814
Other Comprehensive Loss	(163)					(163)
Ending Balance at Apr. 28, 2018	64,630	$ 504	50,952	46,034	(32,525)	(335)
Ending Balance, Shares at Apr. 28, 2018		10,066,111
Beginning Balance at Jan. 31, 2019	69,775	$ 511	53,568	49,511	(32,997)	(818)
Beginning Balance, Shares at Jan. 31, 2019		10,218,559
Share-Based Compensation	601		601
Employee Option Exercises	$ 296	$ 1	306		(11)
Employee Option Exercises, Shares	26,530	27,990
Restricted Stock Awards Vested, net	$ (69)	$ 1	(1)		(69)
Restricted Stock Awards Vested, net, Shares		9,522
Common Stock – Cash Dividend—$0.07 per share	(489)			(489)
Net Income	1,700			1,700
Other Comprehensive Loss	(200)					(200)
Ending Balance at May. 04, 2019	$ 71,614	$ 513	$ 54,474	$ 50,722	$ (33,077)	$ (1,018)
Ending Balance, Shares at May. 04, 2019		10,256,071

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	May 04, 2019	Apr. 28, 2018
Statement of Stockholders' Equity [Abstract]
Cash dividend per share	$ 0.07	$ 0.07

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	May 04, 2019	Apr. 28, 2018
Cash Flows from Operating Activities:
Net Income	$ 1,700	$ 814
Adjustments to Reconcile Net Income to Net Cash Provided (Used) by Operating Activities:
Depreciation and Amortization	1,584	1,543
Amortization of Debt Issuance Costs	13	13
Share-Based Compensation	601	363
Deferred Income Tax Provision		(33)
Changes in Assets and Liabilities:
Accounts Receivable	1,439	(3,029)
Inventories	(2,001)	(199)
Income Taxes	263	297
Accounts Payable and Accrued Expenses	(2,796)	(1,260)
Other	184	(120)
Net Cash Provided (Used) by Operating Activities	987	(1,611)
Cash Flows from Investing Activities:
Proceeds from Sales/Maturities of Securities Available for Sale		1,511
Honeywell Asset Purchase and License Agreement—TSA Agreement Payment		(400)
Additions to Property, Plant and Equipment	(586)	(541)
Net Cash Provided (Used) by Investing Activities	(586)	570
Cash Flows from Financing Activities:
Net Cash Proceeds from Common Shares Issued Under Employee Benefit Plans and Employee Stock Option Plans, Net of Payment of Minimum Tax Withholdings	227	449
Payment of Minimum Guarantee Royalty Obligation	(375)	(500)
Principal Payments of Long-Term Debt	(1,578)	(1,776)
Dividends Paid	(489)	(480)
Net Cash Provided (Used) by Financing Activities	(2,215)	(2,307)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	49	9
Net Decrease in Cash and Cash Equivalents	(1,765)	(3,339)
Cash and Cash Equivalents, Beginning of Period	7,534	10,177
Cash and Cash Equivalents, End of Period	5,769	6,838
Supplemental Disclosures of Cash Flow Information:
Cash Paid During the Period for Interest	110	199
Cash Paid During the Period for Income Taxes, Net of Refunds	142	86
Schedule of Non-Cash Financing Activities:
Value of Shares Received in Satisfaction of Option Exercise Price	$ 11	$ 88

Business and Basis of Presentat

Business and Basis of Presentation	3 Months Ended
	May 04, 2019
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 aerospace, apparel, automotive, avionics, chemical, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging and transportation . In the United States, the Company has factory-trained direct field salespeople located in major cities from coast to coast. We also have direct field sales or service centers in Canada, China, Denmark, France, Germany, India, Malaysia, Mexico, Singapore, Spain and the United Kingdom staffed by our own employees and dedicated third-party contractors. Additionally, we utilize over 150 independent dealers and representatives selling and marketing our products in over 50 countries. The business consists of two segments, Product Identification (PI) and Test & Measurement (T&M). The Product Identification segment offers a variety of hardware and software products and associated supplies that allow customers to mark, track and enhance the appearance of their products. PI includes specialty printing systems and supplies sold under the QuickLabel ® ® ™ ® Unless otherwise indicated, references to “AstroNova,” the “Company,” “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 the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2019. 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. Some of the more significant estimates relate to revenue recognition, the allowances for doubtful accounts, inventory valuation, income taxes, impairment of long-lived assets and goodwill, share-based compensation, accrued expenses, lease accounting 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. 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 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 the Company 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	3 Months Ended
	May 04, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies Update	Note 2 – Summary of Significant Accounting Policies Update The accounting polices used in preparing the condensed consolidated financial statements in this Form 10-Q are the same as those used in preparing the Consolidated Financial Statements for the year ended January 31, 2019, except for the change resulting from the adoption of Accounting Standard Update (“ASU”) 2016-02, “Leases (“Topic 842”), as provided below. Leases On February 1, 2019, we adopted ASU 2016-02 using the modified retrospective transition method, which requires that we recognize leases differently pre- and post-adoption. See “ Recently Adopted Accounting Pronouncements The Company determines whether an arrangement contains a lease at the inception of a contract. Our lease agreements cover various office facilities and are considered operating leases. Operating Right-of-use (“ROU”) assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Operating lease ROU assets and lease liabilities are recognized at commencement of the lease based on the present value of the future minimum lease payments over the lease term. As most of our leases do not provide an implicit rate, we use our incremental borrowing rate in determining the present value of future payments. Operating lease ROU assets include any lease pre-payments made and exclude lease incentives and initial direct costs incurred when appropriate. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise such option. Lease expense is recognized on a straight-line basis over the lease term and included in general and administrative expense on our condensed consolidated statement of income. Operating leases are included in Right of Use assets, Other Liabilities and Accrued Expenses, and Lease Liabilities on our condensed consolidated balance sheets. For our lease agreements with lease and non-lease components, we generally account for each component separately. Recently Adopted Accounting Pronouncements Leases In February 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-02, “Leases (Topic 842).” ASU 2016-02 and its subsequent amendments supersede previous guidance related to accounting for leases and are intended to increase transparency and comparability among organizations by requiring lessees to recognize assets and liabilities in the balance sheet for operating leases with lease terms greater than twelve months. The updates also require improved disclosures to help users of financial statements better understand the amount, timing and uncertainty of cash flows arising from leases. The Company adopted this guidance effective February 1, 2019 and elected the non-comparative transition option which does not require restatement for comparative purposes. Also upon adoption, the Company elected the package of practical expedients, which, include not reassessing 1) whether any expired or existing contracts contain leases, 2) lease classifications of expired or existing leases, and 3) initial direct costs, if any, for existing leases. Adoption of the new standard resulted in the recording of ROU assets and lease liabilities of $2.0 million as of February 1, 2019. Recent Accounting Standards Not Yet Adopted Internal-Use Software In August 2018, the FASB issued ASU 2018-15, “Intangibles Goodwill and Other Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract.” ASU 2018-15 reduces complexity for the accounting for costs of implementing a cloud computing service arrangement and aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal use software license). This ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019 (Q1 fiscal 2021 for AstroNova), with early adoption permitted. Implementation should be applied either retrospectively or prospectively to all implementation costs incurred after the date of adoption. The Company is currently evaluating the impact this new guidance will have on its consolidated financial statements. Fair Value Measurement In August 2018, the FASB issued ASU 2018-13, “Fair Value Measurement (Topic 820), Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement.” ASU 2018-13 modifies the disclosure requirements for fair value measurements by removing, modifying or adding certain disclosures. This ASU is effective for annual periods beginning after December 15, 2019 including interim periods within those fiscal years (Q1 fiscal 2021 for AstroNova), with early adoption permitted. The provisions of ASU 2018-13 relating to changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements, and the narrative description of measurement uncertainty should be applied prospectively for only the most recent interim or annual period presented in the initial fiscal year of adoption. The remaining provisions should be applied retrospectively to all periods presented upon their effective date. The Company is currently evaluating the impact this new guidance will have on its consolidated financial statements and related disclosures. N o other new accounting pronouncements, issued or effective during the first three months of the current year, have had or are expected to have a material impact on our consolidated financial statements.

Revenue Recognition

Revenue Recognition	3 Months Ended
	May 04, 2019
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Note 3 - 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 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 (In thousands) May 4, 2019 April 28, 2018 United States $ 21,992 $ 19,233 Europe 7,875 7,834 Asia 3,450 1,439 Canada 1,516 1,445 Central and South America 888 1,054 Other 460 482 Total Revenue $ 36,181 $ 31,487 Major product types: Three Months Ended (In thousands) May 4, 2019 April 28, 2018 Hardware $ 12,918 $ 11,977 Supplies 19,727 16,701 Service and Other 3,536 2,809 Total Revenue $ 36,181 $ 31,487 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 and were $350,000 and $373,000 at May 4, 2019 and January 31, 2019, respectively, and are recorded as deferred revenue in the condensed consolidated balance sheet. The decrease in the deferred revenue balance during the three months ended May 4, 2019 is primarily due to approximately $205,000 of revenue recognized during the period that was included in the deferred revenue balance at January 31, 2019, 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 based on the forecasted number of units sold over the estimated benefit term, which was estimated to be approximately 10 years. The balance of these contract assets at January 31, 2019 was $903,000. In the first quarter of fiscal 2020, amortization of these incremental direct costs were $27,000 and the balance of deferred incremental direct costs net of accumulated amortization at May 4, 2019 was $875,000, of which $109,000 is reported in other current assets and $766,000 is reported in other assets in the accompanying condensed consolidated balance sheet. The remaining contract costs are expected to be amortized over the estimated remaining period of benefit, which we currently estimate to be approximately 7 years.

Net Income Per Common Share

Net Income Per Common Share	3 Months Ended
	May 04, 2019
Earnings Per Share [Abstract]
Net Income Per Common Share	Note 4 - Net Income Per Common Share Basic net income per share is calculated by dividing net income by the weighted average number of shares outstanding during the period. Diluted net income 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 per share is as follows: Three Months Ended May 4, 2019 April 28, 2018 Weighted Average Common Shares Outstanding Basic 6,970,914 6,787,926 Effect of Dilutive Options, Restricted Stock Units and Restricted Stock Awards 277,412 128,229 Weighted Average Common Shares Outstanding Diluted 7,248,326 6,916,155 For the three months ended May 4, 2019 and April 28, 2018, the diluted per share amounts do not include common equivalent shares outstanding of 260,422 and 248,480 , respectively, because their effect would have been anti-dilutive.

Intangible Assets

Intangible Assets	3 Months Ended
	May 04, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Note 5 - Intangible Assets Intangible assets are as follows: May 4, 2019 January 31, 2019 (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 $ (1,797 ) $ — $ 1,303 $ 3,100 $ (1,723 ) $ — $ 1,377 RITEC: Customer Contract Relationships 2,830 (813 ) — 2,017 2,830 (725 ) — 2,105 Non-Competition Agreement 950 (728 ) — 222 950 (681 ) — 269 TrojanLabel: Existing Technology 2,327 (797 ) 97 1,627 2,327 (711 ) 140 1,756 Distributor Relations 937 (225 ) 36 748 937 (200 ) 56 793 Honeywell: Customer Contract Relationships 27,243 (4,599 ) — 22,644 27,243 (3,869 ) — 23,374 Intangible Assets, net $ 37,387 $ (8,959 ) $ 133 $ 28,561 $ 37,387 $ (7,909 ) $ 196 $ 29,674 There were no impairments to intangible assets during the periods ended May 4, 2019 and April 28, 2018. With respect to the acquired intangibles included in the table above, amortization expense of $1.1 million and $1.0 million has been included in the condensed consolidated statements of income for the periods ended May 4, 2019 and April 28, 2018, respectively. Estimated amortization expense for the next five fiscal years is as follows: (In thousands) Remaining 2020 2021 2022 2023 2024 Estimated amortization expense $ 3,153 $ 4,074 $ 3,987 $ 3,982 $ 3,978

Inventories

Inventories	3 Months Ended
	May 04, 2019
Inventory Disclosure [Abstract]
Inventories	Note 6 - Inventories Inventories are stated at the lower of cost (first-in, first-out) and net realizable value and include material, labor and manufacturing overhead. The components of inventories are as follows: (In thousands) May 4, 2019 January 31, 2019 Materials and Supplies $ 19,035 $ 17,517 Work-In-Process 1,750 1,633 Finished Goods 15,922 15,688 36,707 34,838 Inventory Reserve (4,664 ) (4,677 ) $ 32,043 $ 30,161

Revolving Line of Credit

Revolving Line of Credit	3 Months Ended
	May 04, 2019
Debt Disclosure [Abstract]
Revolving Line of Credit	Note 7 - Revolving Line of Credit The Company has a $10.0 million revolving line of credit under its existing Credit Agreement with Bank of America. Revolving credit loans may be borrowed, at the Company’s option, in U.S. Dollars or, subject to certain conditions, Euros, British Pounds, Canadian Dollars or Danish Krone. Amounts borrowed under the revolving credit facility bear interest at a rate per annum equal to, at the Company’s option, either (a) the LIBOR rate (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 1.0% to 1.5% based on the Company’s consolidated leverage ratio, or (b) a fluctuating reference rate equal to the highest of (i) the federal funds’ rate plus 0.50%, (ii) Bank of America’s publicly announced prime rate or (iii) the LIBOR rate plus 1.00%, plus a margin that varies within a range of 0.0% to 0.5% based on the Company’s consolidated leverage ratio. During fiscal 2019, $3.0 million was drawn on the revolving credit facility, of which $1.5 million was repaid. At May 4, 2019, $1.5 million remains outstanding on the revolving line of credit. The outstanding balance bears interest at a weighted average annual rate of 5.75% and $19,000 of interest has been incurred on this obligation and included in other expense in the accompanying condensed consolidated income statement for the period ended May 4, 2019. As of May 4, 2019, there is $8.5 million available for borrowing under the revolving credit facility. The Company is required to pay a commitment fee on the undrawn portion of the revolving credit facility at the rate of 0.25% per annum .

Debt

Debt	3 Months Ended
	May 04, 2019
Debt Disclosure [Abstract]
Debt	Note 8 - Debt Long-term debt in the accompanying condensed consolidated balance sheets is as follows: (In thousands) May 4, 2019 January 31, 2019 USD Term Loan (3.75% as of May 4, 2019 and 4.02% as of January 31, 2019); maturity date of November 30, 2022 $ 10,500 $ 11,250 USD Term Loan (3.75% as of May 4, 2019 and 4.02% as of January 31, 2019); maturity date of January 31, 2022 6,164 6,992 $ 16,664 $ 18,242 Debt Issuance Costs, net of accumulated amortization (149 ) (164 ) Current Portion of Term Loans (4,932 ) (5,208 ) Long-Term Debt $ 11,583 $ 12,870 The schedule of required principal payments remaining during the next five years on long-term debt outstanding as of May 4, 2019 is as follows: (In thousands) Fiscal 2020 $ 3,630 Fiscal 2021 5,208 Fiscal 2022 5,576 Fiscal 2023 2,250 Fiscal 2024 — $ 16,664

Derivative Financial Instrument

Derivative Financial Instruments and Risk Management	3 Months Ended
	May 04, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments and Risk Management	Note 9 - Derivative Financial Instruments and Risk Management The Company has entered into a cross-currency interest rate swap to manage the interest rate risk and foreign currency exchange risk associated with the floating-rate foreign currency-denominated term loan borrowing by our Danish Subsidiary and an interest rate swap to manage the interest rate risk associated with the variable rate term loan borrowing by the Company. Both swaps have been designated as cash flow hedges of floating-rate borrowings. The cross-currency interest rate swap agreement utilized by the Company effectively modifies the Company’s exposure to interest rate risk and foreign currency exchange rate risk by converting the Company’s floating-rate debt denominated in U.S. Dollars on our Danish subsidiary’s books to a fixed-rate debt denominated in Danish Krone for the term of the loan, thus reducing the impact of interest-rate and foreign currency exchange rate changes on future interest expense and principal repayments. This swap involves the receipt of floating rate amounts in U.S. Dollars in exchange for fixed-rate interest payments in Danish Krone, as well as exchanges of principal at the inception spot rate, over the life of the term loan. As of May 4, 2019, the total notional amount of the Company’s cross-currency interest rate swap was $5.9 million. The interest rate swap agreement utilized by the Company on its term loan effectively modifies the Company’s exposure to interest rate risk by converting the Company’s floating-rate debt to fixed-rate debt for the next five years, thus reducing the impact of interest-rate changes on future interest expense. This swap involves the receipt of floating rate amounts in U.S. Dollars in exchange for fixed rate payments in U.S. dollars over the life of the term loan. As of May 4, 2019, the total notional amount of the Company’s interest rate swap was $10.5 million. The following table provides a summary of the fair values of the Company’s derivatives recorded in the condensed consolidated balance sheets: Cash Flow Hedges (In thousands) Balance Sheet Classification May 4, 2019 January 31, 2019 Cross-currency interest rate swap Other Long- $ 400 $ 600 Interest rate swap Other Assets $ 49 $ 85 The following table presents the impact of the derivative instruments in our condensed consolidated financial statements for the three months ended May 4, 2019 and April 28, 2018: Amount of Gain on Location of Gain Accumulated OCI Amount of Gain Cash Flow Hedge (In thousands) May 4, April 28, into Income May 4, April 28, Swap contracts $ 149 $ 383 Other Income (Expense) $ 185 $ 256 At May 4, 2019, the Company expects to reclassify approximately $0.3 million of net gains on the swap contracts from accumulated other comprehensive loss to earnings during the next 12 months due to changes in foreign exchange rates and the payment of variable interest associated with the floating-rate debt.

Royalty Obligation

Royalty Obligation	3 Months Ended
	May 04, 2019
Royalty Obligation Disclosure [Abstract]
Royalty Obligation	Note 10 – Royalty Obligation In fiscal 2018, AstroNova, Inc. 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 of $15.0 million was recorded at the present value of the minimum annual royalty payments using a present value factor of 2.8%, which is based on the estimated after-tax cost of debt for similar companies. As of May 4, 2019, the Company had paid $2.0 million of the guaranteed minimum royalty obligation. At May 4, 2019, the current portion of the outstanding guaranteed minimum royalty obligation of $2.0 million is to be paid over the next twelve months and is reported as a current liability and the remainder of $9.4 million is reported as a long-term liability on the Company’s condensed consolidated balance sheet. In addition to the guaranteed minimum royalty payments, the Company also incurred $0.6 million and $0.5 million, respectively, in excess royalty expense, which is included in cost of revenue in the Company’s consolidated statements of income for the three months ended May 4, 2019 and April 28, 2018, respectively. A total of $1.3 million of excess royalty is payable and reported as a current liability on the Company’s condensed consolidated balance sheet at May 4, 2019.

Leases

Leases	3 Months Ended
	May 04, 2019
Leases [Abstract]
Leases	Note 11 – Leases We lease certain facilities at various locations worldwide that are classified as operating leases. Our leases have remaining lease terms of 1 to 12 years, some of which include options to extend the lease term for periods up to 5 years, as well as options to terminate the lease within one year when it is reasonably certain the Company will exercise such options. The company leases office space from an affiliate. The lease is classified as an operating lease and provides for annual rentals of approximately $64,000 and $66,000 in fiscal 2020 and 2021, respectively. Balance sheet and other information related to our leases is as follows: Operating Leases (In thousands) Balance Sheet Classification May 4, 2019 Lease Assets Right of Use Assets $ 1,876 Lease Liabilities – Current Other Liabilities and Accrued Expenses 411 Lease Liabilities – Long Term Lease Liabilities 1,472 Lease cost information is as follows: Operating Leases (In thousands) Statement of Income Classification May 4, Operating Lease Costs General and Administrative Expense $ 92 Maturities of operating lease liabilities are as follows: (In thousands) May 4, 2019 2020 $ 293 2021 398 2022 332 2023 280 2024 266 Thereafter 578 Total Lease Payments 2,147 Less: (264 ) Total Lease Liabilities $ 1,883 As of May 4, 2019, the weighted-average remaining lease term and weighted-average discount rate for our operating leases are 6.3 years and 4.02%, respectively. We calculated the weighted-average discount rates 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 for the three months ended May 4, 2019 is as follows: (In thousands) May 4, Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 100 As previously disclosed in our fiscal year 2019 Annual Report on Form 10-K and under the previous lease accounting standard, future minimum operating lease commitments that had initial or remaining non-cancelable lease terms in excess of one year at January 31, 2019 were as follows: (In thousands) 2020 $ 574 2021 520 2022 387 2023 294 2024 273 Thereafter 568 $ 2,616

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	May 04, 2019
Equity [Abstract]
Accumulated Other Comprehensive Loss	Note 12 - Accumulated Other Comprehensive Loss The changes in the balance of accumulated other comprehensive loss by component are as follows: (In thousands) Foreign Currency Translation Adjustments Cash Flow Hedges Total Balance at January 31, 2019 $ (852 ) $ 34 $ (818 ) Other Comprehensive Income (Loss) before reclassification (172 ) 116 (56 ) Amounts reclassified from AOCI to Earnings — (144 ) (144 ) Other Comprehensive Loss (172 ) (28 ) (200 ) Balance at May 4, 2019 $ (1,024 ) $ 6 $ (1,018 ) 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	3 Months Ended
	May 04, 2019
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 or performance-based restricted stock unit (RSUs) and, restricted stock awards (RSAs), with respect to up to 650,000 2019, 182,896 unvested shares of restricted stock and options to purchase an aggregate of 146,000 shares were outstanding under the 2018 Plan. 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”). Both the 2007 Plan expired and no new awards may be issued under either, but outstanding awards will continue to be governed by . As of May 4, 2019, 1,007 391,145 On January 31, 2019, the compensation committee of the Company’s board of directors adopted an Amended and Restated Non-Employee Director Annual Compensation Program (the “New Program”), which became effective as of February 1, 2019 and supersedes the prior program. Pursuant to the New Program, beginning with fiscal 2020, each non-employee director will automatically receive a grant of restricted stock on the date of their re-election to the Company’s board of directors. The number of whole shares to be granted will be equal to the number calculated by dividing the stock component of the director compensation amount determined by the compensation committee for that year by the fair market value of our stock on that day. The value of the restricted stock award for fiscal 2020 is $60,000. To account for the partial year beginning on February 1, 2019 and continuing through the 2019 annual meeting and thereby provide for the alignment of the timing of annual grants of restricted stock under the New Program with the election of directors at the annual meeting, on February 1, 2019, each non-employee director was granted shares of restricted stock with a fair market value of $18,000. Other than the shares granted on February 1, 2019, which will vest on June 1, 2019, shares of restricted stock granted under the New Program will become vested on the first anniversary of the date of grant, conditioned upon the recipient’s continued service on the Board through that date. Share-based compensation expense was recognized as follows: Three Months Ended (In thousands) May 4, 2019 April 28, 2018 Stock Options $ 212 $ 156 Restricted Stock Awards and Restricted Stock Units 384 204 Employee Stock Purchase Plan 5 3 Total $ 601 $ 363 Stock Options There were no stock options granted during the three months ended May 4, 2019. The fair value of stock options granted during the three months ended April 28, 2018 were estimated using the following assumptions: Three Months Ended April 28, 2018 Risk Free Interest Rate 2.6 % Expected Volatility 41.3 % Expected Life (in years) 10.0 Dividend Yield 1.8 % The weighted average fair value per share for options granted during the three months ended April 28, 2018 Aggregated information regarding stock option activity for the three months ended May 4, 2019, is summarized below: Number of Options Weighted Average Exercise Price Outstanding at January 31, 2019 771,145 $ 14.30 Granted — — Exercised (26,530 ) 10.92 Forfeited (7,525 ) 16.83 Canceled (400 ) 6.22 Outstanding at May 4, 2019 736,690 $ 14.40 Set forth below is a summary of options outstanding at May 4, 2019: Outstanding Exercisable Range of Exercise prices Number of Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life Number of Shares Weighted- Average Exercise Price Weighted Average Remaining Contractual Life $5.00-10.00 64,181 $ 7.94 2.7 64,181 $ 7.94 2.8 $10.01-15.00 434,709 $ 13.64 6.6 338,314 $ 13.64 6.1 $15.01-20.00 237,800 $ 17.54 8.6 51,700 $ 15.70 7.5 736,690 $ 14.40 6.9 454,195 $ 13.07 5.8 As of May 4, 2019, there was approximately $1,232,000 of unrecognized compensation expense related to stock options which is expected to be recognized over a weighted average period of approximately 2.2 years. Restricted Stock Units (RSUs) and Restricted Stock Awards (RSAs) Aggregated information regarding RSU and RSA activity for the three months ended May 4, 2019 is summarized below: RSAs & RSUs Weighted Average Grant Date Fair Value Outstanding at January 31, 2019 133,667 $ 13.99 Granted 101,962 19.50 Vested (9,522 ) 14.15 Forfeited — — Outstanding at May 4, 2019 226,107 $ 16.47 As of May 4, 2019, there was approximately $2,961,000 of unrecognized compensation expense related to RSUs and RSAs which is expected to be recognized over a weighted average period of 2.2 years. Employee Stock Purchase Plan AstroNova has an Employee Stock Purchase Plan allowing 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 247,500 shares were reserved for issuance under this plan. During the three months ended May 4, 2019 and April 28, 2018, there were 1,571 and 1,216 shares, respectively, purchased under this plan. As of May 4, 2019, 32,282 shares remain available.

Income Taxes

Income Taxes	3 Months Ended
	May 04, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Note 14 - Income Taxes The Company’s effective tax rates for the period are as follows: Three Months Ended Fiscal 2020 19.0 % Fiscal 2019 18.2 % The Company determines its 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 May 4, 2019, the Company recognized an income tax expense of approximately $400,000. The effective tax rate in this period was directly impacted by a $53,000 tax benefit related to the expiration of the statute of limitations on a previously uncertain tax position and a $ 97,000 30,000 The Company maintains a valuation allowance on some of its deferred tax assets in certain jurisdictions. A valuation allowance is required when, based upon an assessment of various factors, including recent operating loss history, anticipated future earnings, and prudent and reasonable tax planning strategies, it is more likely than not that some portion of the deferred tax assets will not be realized. Unrecognized tax benefits represent the difference between tax positions taken or expected to be taken in a tax return and the benefits recognized for financial reporting purposes. As of May 4, 2019, the Company’s cumulative unrecognized tax benefits totaled $592,000 compared to $618,000 as of January 31, 2019. were no other developments affecting unrecognized tax benefits during the quarter ended May 4, 2019.

Segment Information

Segment Information	3 Months Ended
	May 04, 2019
Segment Reporting [Abstract]
Segment Information	Note 15 - Segment Information AstroNova reports two segments: Product Identification and Test & Measurement (T&M). The Company evaluates segment performance based on the segment profit before corporate expenses. Summarized below are the Revenue and Segment Operating Profit for each reporting segment: Three Months Ended Revenue Segment Operating Profit (In thousands) May 4, 2019 April 28, 2018 May 4, 2019 April 28, 2018 Product Identification $ 23,591 $ 19,953 $ 2,886 $ 1,661 T&M 12,590 11,534 2,581 2,257 Total $ 36,181 $ 31,487 5,467 3,918 Corporate Expenses 2,999 2,653 Operating Income 2,468 1,265 Other Expense (368 ) (270 ) Income Before Income Taxes 2,100 995 Income Tax Provision 400 181 Net Income $ 1,700 $ 814

Fair Value

Fair Value	3 Months Ended
	May 04, 2019
Fair Value Disclosures [Abstract]
Fair Value	Note 16 - Fair Value Assets and Liabilities Recorded at Fair Value on a Recurring Basis The following tables provide a summary of the financial assets and liabilities that are measured at fair value as of May 4, 2019 and January 31, 2019: Assets measured at fair value: Fair value measurement at May 4, 2019 Fair value measurement at January 31, 2019 (In thousands) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Swap Contracts (included in Other Assets) $ — $ 49 $ — $ 49 $ — $ 85 $ — $ 85 Total Assets $ — $ 49 $ — $ 49 $ — $ 85 $ — $ 85 Liabilities measured at fair value: Fair value measurement at May 4, 2019 Fair value measurement at January 31, 2019 (In thousands) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Swap Contracts (included in Other Long-Term Liabilities) $ — $ 400 $ — $ 400 $ — $ 600 $ — $ 600 Earnout Liability (included in Other Long-Term Liabilities) — — 14 14 — — 14 14 Total Liabilities $ — $ 400 $ 14 $ 414 $ — $ 600 $ 14 $ 614 We use the market approach to measure fair value of our derivative instruments. Derivative instruments were measured at fair value using readily observable market inputs, such as quotations on interest rates and foreign exchange rates, and are classified as Level 2 because they are over-the-counter contracts with a bank counterparty that are not traded in an active market. The fair value of the earnout liability incurred in connection with the Company’s acquisition of TrojanLabel was determined using the option approach methodology, which includes using significant inputs that are not observable in the market and therefore classified as Level . Key assumptions in estimating the fair value of the contingent consideration liability included the estimated earnout targets over the next seven years of $ million-$ million, the probability of success (achievement of the various contingent events) from %- % and a risk-adjusted discount rate of approximately 2.68 %- 4.9 % used to adjust the probability-weighted earnout payments to their present value. At each reporting period, the contingent consideration liability is recorded at its fair value with changes reflected in general and administrative expense in the condensed consolidated statements of operations. There was no change in the fair value of the earnout liability for the quarter ended May , . Assets and Liabilities Not Recorded at Fair Value The Company’s 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: May 4, 2019 Fair Value Measurement (In thousands) Level 1 Level 2 Level 3 Total Carrying Value Long-Term debt and related current maturities $ — $ — $ 17,040 $ 17,040 $ 16,664 January 31, 2019 Fair Value Measurement (In thousands) Level 1 Level 2 Level 3 Total Carrying Value Long-Term debt and related current maturities $ — $ — $ 18,857 $ 18,857 $ 18,242 The fair value of the Company’s long-term debt, including the current portion, is estimated by discounting the future cash flows using current interest rates at which similar with the same maturities would be made to borrowers with similar credit ratings and is classified as Level 3.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies Update (Policies)	3 Months Ended
	May 04, 2019
Accounting Policies [Abstract]
Leases	Leases On February 1, 2019, we adopted ASU 2016-02 using the modified retrospective transition method, which requires that we recognize leases differently pre- and post-adoption. See “ Recently Adopted Accounting Pronouncements The Company determines whether an arrangement contains a lease at the inception of a contract. Our lease agreements cover various office facilities and are considered operating leases. Operating Right-of-use (“ROU”) assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Operating lease ROU assets and lease liabilities are recognized at commencement of the lease based on the present value of the future minimum lease payments over the lease term. As most of our leases do not provide an implicit rate, we use our incremental borrowing rate in determining the present value of future payments. Operating lease ROU assets include any lease pre-payments made and exclude lease incentives and initial direct costs incurred when appropriate. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise such option. Lease expense is recognized on a straight-line basis over the lease term and included in general and administrative expense on our condensed consolidated statement of income. Operating leases are included in Right of Use assets, Other Liabilities and Accrued Expenses, and Lease Liabilities on our condensed consolidated balance sheets. For our lease agreements with lease and non-lease components, we generally account for each component separately.
Recent Accounting Pronouncements	Recently Adopted Accounting Pronouncements Leases In February 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-02, “Leases (Topic 842).” ASU 2016-02 and its subsequent amendments supersede previous guidance related to accounting for leases and are intended to increase transparency and comparability among organizations by requiring lessees to recognize assets and liabilities in the balance sheet for operating leases with lease terms greater than twelve months. The updates also require improved disclosures to help users of financial statements better understand the amount, timing and uncertainty of cash flows arising from leases. The Company adopted this guidance effective February 1, 2019 and elected the non-comparative transition option which does not require restatement for comparative purposes. Also upon adoption, the Company elected the package of practical expedients, which, include not reassessing 1) whether any expired or existing contracts contain leases, 2) lease classifications of expired or existing leases, and 3) initial direct costs, if any, for existing leases. Adoption of the new standard resulted in the recording of ROU assets and lease liabilities of $2.0 million as of February 1, 2019. Recent Accounting Standards Not Yet Adopted Internal-Use Software In August 2018, the FASB issued ASU 2018-15, “Intangibles Goodwill and Other Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract.” ASU 2018-15 reduces complexity for the accounting for costs of implementing a cloud computing service arrangement and aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal use software license). This ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019 (Q1 fiscal 2021 for AstroNova), with early adoption permitted. Implementation should be applied either retrospectively or prospectively to all implementation costs incurred after the date of adoption. The Company is currently evaluating the impact this new guidance will have on its consolidated financial statements. Fair Value Measurement In August 2018, the FASB issued ASU 2018-13, “Fair Value Measurement (Topic 820), Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement.” ASU 2018-13 modifies the disclosure requirements for fair value measurements by removing, modifying or adding certain disclosures. This ASU is effective for annual periods beginning after December 15, 2019 including interim periods within those fiscal years (Q1 fiscal 2021 for AstroNova), with early adoption permitted. The provisions of ASU 2018-13 relating to changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements, and the narrative description of measurement uncertainty should be applied prospectively for only the most recent interim or annual period presented in the initial fiscal year of adoption. The remaining provisions should be applied retrospectively to all periods presented upon their effective date. The Company is currently evaluating the impact this new guidance will have on its consolidated financial statements and related disclosures. N o other new accounting pronouncements, issued or effective during the first three months of the current year, have had or are expected to have a material impact on our consolidated financial statements.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	May 04, 2019
Revenue from Contract with Customer [Abstract]
Summary of Revenues Disaggregated by Primary Geographic Markets and Major Product Type	Revenues disaggregated by primary geographic markets and major product types are as follows: Primary geographical markets: Three Months Ended (In thousands) May 4, 2019 April 28, 2018 United States $ 21,992 $ 19,233 Europe 7,875 7,834 Asia 3,450 1,439 Canada 1,516 1,445 Central and South America 888 1,054 Other 460 482 Total Revenue $ 36,181 $ 31,487 Major product types: Three Months Ended (In thousands) May 4, 2019 April 28, 2018 Hardware $ 12,918 $ 11,977 Supplies 19,727 16,701 Service and Other 3,536 2,809 Total Revenue $ 36,181 $ 31,487

Net Income Per Common Share (Ta

Net Income Per Common Share (Tables)	3 Months Ended
	May 04, 2019
Earnings Per Share [Abstract]
Summary of Basic and Diluted Net Income Per Share	A reconciliation of the shares used in calculating basic and diluted net income per share is as follows: Three Months Ended May 4, 2019 April 28, 2018 Weighted Average Common Shares Outstanding Basic 6,970,914 6,787,926 Effect of Dilutive Options, Restricted Stock Units and Restricted Stock Awards 277,412 128,229 Weighted Average Common Shares Outstanding Diluted 7,248,326 6,916,155

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	May 04, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Fair Value of Acquired Identifiable Intangible Assets and Related Estimated Useful Lives	Intangible assets are as follows: May 4, 2019 January 31, 2019 (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 $ (1,797 ) $ — $ 1,303 $ 3,100 $ (1,723 ) $ — $ 1,377 RITEC: Customer Contract Relationships 2,830 (813 ) — 2,017 2,830 (725 ) — 2,105 Non-Competition Agreement 950 (728 ) — 222 950 (681 ) — 269 TrojanLabel: Existing Technology 2,327 (797 ) 97 1,627 2,327 (711 ) 140 1,756 Distributor Relations 937 (225 ) 36 748 937 (200 ) 56 793 Honeywell: Customer Contract Relationships 27,243 (4,599 ) — 22,644 27,243 (3,869 ) — 23,374 Intangible Assets, net $ 37,387 $ (8,959 ) $ 133 $ 28,561 $ 37,387 $ (7,909 ) $ 196 $ 29,674
Summary of Estimated Amortization Expense	Estimated amortization expense for the next five fiscal years is as follows: (In thousands) Remaining 2020 2021 2022 2023 2024 Estimated amortization expense $ 3,153 $ 4,074 $ 3,987 $ 3,982 $ 3,978

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	May 04, 2019
Inventory Disclosure [Abstract]
Components of Inventories	Inventories are stated at the lower of cost (first-in, first-out) and net realizable value and include material, labor and manufacturing overhead. The components of inventories are as follows: (In thousands) May 4, 2019 January 31, 2019 Materials and Supplies $ 19,035 $ 17,517 Work-In-Process 1,750 1,633 Finished Goods 15,922 15,688 36,707 34,838 Inventory Reserve (4,664 ) (4,677 ) $ 32,043 $ 30,161

Debt (Tables)

Debt (Tables)	3 Months Ended
	May 04, 2019
Debt Disclosure [Abstract]
Schedule of Short Term and 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) May 4, 2019 January 31, 2019 USD Term Loan (3.75% as of May 4, 2019 and 4.02% as of January 31, 2019); maturity date of November 30, 2022 $ 10,500 $ 11,250 USD Term Loan (3.75% as of May 4, 2019 and 4.02% as of January 31, 2019); maturity date of January 31, 2022 6,164 6,992 $ 16,664 $ 18,242 Debt Issuance Costs, net of accumulated amortization (149 ) (164 ) Current Portion of Term Loans (4,932 ) (5,208 ) Long-Term Debt $ 11,583 $ 12,870
Schedule of Required Principal Payments Remaining on Short Term and Long Term Debt Outstanding	The schedule of required principal payments remaining during the next five years on long-term debt outstanding as of May 4, 2019 is as follows: (In thousands) Fiscal 2020 $ 3,630 Fiscal 2021 5,208 Fiscal 2022 5,576 Fiscal 2023 2,250 Fiscal 2024 — $ 16,664

Derivative Financial Instrume_2

Derivative Financial Instruments and Risk Management (Tables)	3 Months Ended
	May 04, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Impact of the Derivative Instruments in the Condensed Consolidated Financial Statements	The following table provides a summary of the fair values of the Company’s derivatives recorded in the condensed consolidated balance sheets: Cash Flow Hedges (In thousands) Balance Sheet Classification May 4, 2019 January 31, 2019 Cross-currency interest rate swap Other Long- $ 400 $ 600 Interest rate swap Other Assets $ 49 $ 85 The following table presents the impact of the derivative instruments in our condensed consolidated financial statements for the three months ended May 4, 2019 and April 28, 2018: Amount of Gain on Location of Gain Accumulated OCI Amount of Gain Cash Flow Hedge (In thousands) May 4, April 28, into Income May 4, April 28, Swap contracts $ 149 $ 383 Other Income (Expense) $ 185 $ 256

Leases (Tables)

Leases (Tables)	3 Months Ended
	May 04, 2019
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 May 4, 2019 Lease Assets Right of Use Assets $ 1,876 Lease Liabilities – Current Other Liabilities and Accrued Expenses 411 Lease Liabilities – Long Term Lease Liabilities 1,472
Schedule Lease Cost Information	Lease cost information is as follows: Operating Leases (In thousands) Statement of Income Classification May 4, Operating Lease Costs General and Administrative Expense $ 92
Schedule of Maturities Of Lease Liabilities	Maturities of operating lease liabilities are as follows: (In thousands) May 4, 2019 2020 $ 293 2021 398 2022 332 2023 280 2024 266 Thereafter 578 Total Lease Payments 2,147 Less: (264 ) Total Lease Liabilities $ 1,883
Supplemental Cash Flow Information Related To Leases	Supplemental cash flow information related to leases for the three months ended May 4, 2019 is as follows: (In thousands) May 4, Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 100
Schedule Of Future Minimum Rental Payments For Operating Leases	As previously disclosed in our fiscal year 2019 Annual Report on Form 10-K and under the previous lease accounting standard, future minimum operating lease commitments that had initial or remaining non-cancelable lease terms in excess of one year at January 31, 2019 were as follows: (In thousands) 2020 $ 574 2021 520 2022 387 2023 294 2024 273 Thereafter 568 $ 2,616

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	May 04, 2019
Equity [Abstract]
Changes in Balance of Accumulated Other Comprehensive Loss	The changes in the balance of accumulated other comprehensive loss by component are as follows: (In thousands) Foreign Currency Translation Adjustments Cash Flow Hedges Total Balance at January 31, 2019 $ (852 ) $ 34 $ (818 ) Other Comprehensive Income (Loss) before reclassification (172 ) 116 (56 ) Amounts reclassified from AOCI to Earnings — (144 ) (144 ) Other Comprehensive Loss (172 ) (28 ) (200 ) Balance at May 4, 2019 $ (1,024 ) $ 6 $ (1,018 )

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	May 04, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation Expense	Share-based compensation expense was recognized as follows: Three Months Ended (In thousands) May 4, 2019 April 28, 2018 Stock Options $ 212 $ 156 Restricted Stock Awards and Restricted Stock Units 384 204 Employee Stock Purchase Plan 5 3 Total $ 601 $ 363
Fair Value of Stock Options Granted	There were no stock options granted during the three months ended May 4, 2019. The fair value of stock options granted during the three months ended April 28, 2018 were estimated using the following assumptions: Three Months Ended April 28, 2018 Risk Free Interest Rate 2.6 % Expected Volatility 41.3 % Expected Life (in years) 10.0 Dividend Yield 1.8 %
Aggregated Information Regarding Stock Options Granted	Aggregated information regarding stock option activity for the three months ended May 4, 2019, is summarized below: Number of Options Weighted Average Exercise Price Outstanding at January 31, 2019 771,145 $ 14.30 Granted — — Exercised (26,530 ) 10.92 Forfeited (7,525 ) 16.83 Canceled (400 ) 6.22 Outstanding at May 4, 2019 736,690 $ 14.40
Summary of Options Outstanding	Set forth below is a summary of options outstanding at May 4, 2019: Outstanding Exercisable Range of Exercise prices Number of Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life Number of Shares Weighted- Average Exercise Price Weighted Average Remaining Contractual Life $5.00-10.00 64,181 $ 7.94 2.7 64,181 $ 7.94 2.8 $10.01-15.00 434,709 $ 13.64 6.6 338,314 $ 13.64 6.1 $15.01-20.00 237,800 $ 17.54 8.6 51,700 $ 15.70 7.5 736,690 $ 14.40 6.9 454,195 $ 13.07 5.8
Aggregated Information Regarding RSUs and RSAs Granted	Aggregated information regarding RSU and RSA activity for the three months ended May 4, 2019 is summarized below: RSAs & RSUs Weighted Average Grant Date Fair Value Outstanding at January 31, 2019 133,667 $ 13.99 Granted 101,962 19.50 Vested (9,522 ) 14.15 Forfeited — — Outstanding at May 4, 2019 226,107 $ 16.47

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	May 04, 2019
Income Tax Disclosure [Abstract]
Projected Effective Tax Rate for Periods	The Company’s effective tax rates for the period are as follows: Three Months Ended Fiscal 2020 19.0 % Fiscal 2019 18.2 %

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	May 04, 2019
Segment Reporting [Abstract]
Net Sales and Segment Operating Profit for Each Reporting Segment	Summarized below are the Revenue and Segment Operating Profit for each reporting segment: Three Months Ended Revenue Segment Operating Profit (In thousands) May 4, 2019 April 28, 2018 May 4, 2019 April 28, 2018 Product Identification $ 23,591 $ 19,953 $ 2,886 $ 1,661 T&M 12,590 11,534 2,581 2,257 Total $ 36,181 $ 31,487 5,467 3,918 Corporate Expenses 2,999 2,653 Operating Income 2,468 1,265 Other Expense (368 ) (270 ) Income Before Income Taxes 2,100 995 Income Tax Provision 400 181 Net Income $ 1,700 $ 814

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	May 04, 2019
Fair Value Disclosures [Abstract]
Summary of Financial Assets and Liabilities Measured at Fair Value	The following tables provide a summary of the financial assets and liabilities that are measured at fair value as of May 4, 2019 and January 31, 2019: Assets measured at fair value: Fair value measurement at May 4, 2019 Fair value measurement at January 31, 2019 (In thousands) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Swap Contracts (included in Other Assets) $ — $ 49 $ — $ 49 $ — $ 85 $ — $ 85 Total Assets $ — $ 49 $ — $ 49 $ — $ 85 $ — $ 85 Liabilities measured at fair value: Fair value measurement at May 4, 2019 Fair value measurement at January 31, 2019 (In thousands) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Swap Contracts (included in Other Long-Term Liabilities) $ — $ 400 $ — $ 400 $ — $ 600 $ — $ 600 Earnout Liability (included in Other Long-Term Liabilities) — — 14 14 — — 14 14 Total Liabilities $ — $ 400 $ 14 $ 414 $ — $ 600 $ 14 $ 614
Schedule of Company's Long-Term Debt Including the Current Portion Not Reflected in Financial Statements at Fair Value	The Company’s 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: May 4, 2019 Fair Value Measurement (In thousands) Level 1 Level 2 Level 3 Total Carrying Value Long-Term debt and related current maturities $ — $ — $ 17,040 $ 17,040 $ 16,664 January 31, 2019 Fair Value Measurement (In thousands) Level 1 Level 2 Level 3 Total Carrying Value Long-Term debt and related current maturities $ — $ — $ 18,857 $ 18,857 $ 18,242

Business and Basis of Present_2

Business and Basis of Presentation - Additional Information (Detail)	3 Months Ended
	May 04, 2019Segment
Number of Operating Segments	2

Summary of Significant Accoun_3

Summary of Significant Accounting Policies Update - Additional Information (Detail) - USD ($) $ in Thousands	May 04, 2019	Feb. 01, 2019
Summary Of Significant Accounting Policies [Line Items]
Operating lease, right-of-use asset	$ 1,876	$ 2,000

Revenue Recognition - Summary o

Revenue Recognition - Summary of Revenues Disaggregated by Primary Geographic Markets (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 04, 2019	Apr. 28, 2018
Disaggregation of Revenue [Line Items]
Total Revenue	$ 36,181	$ 31,487
United States [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	21,992	19,233
Europe [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	7,875	7,834
Asia [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	3,450	1,439
Canada [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	1,516	1,445
Central and South America [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	888	1,054
Other [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	$ 460	$ 482

Revenue Recognition - Summary_2

Revenue Recognition - Summary of Revenues Disaggregated by Primary Product Type (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 04, 2019	Apr. 28, 2018
Disaggregation of Revenue [Line Items]
Total Revenue	$ 36,181	$ 31,487
Hardware [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	12,918	11,977
Supplies [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	19,727	16,701
Service and Other [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	$ 3,536	$ 2,809

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Detail) - USD ($)	3 Months Ended
	May 04, 2019	Jan. 31, 2019
Disaggregation of Revenue [Abstract]
Contract liabilities and extended warranties	$ 350,000	$ 373,000
Revenue recognized	205,000
Contract assets balance	766,000	$ 903,000
Amortization of incremental direct costs	27,000
Deferred incremental direct contract costs reported in other current assets	$ 109,000
Amortization period of contract costs	7 years
Deferred incremental direct costs net of accumulated amortization	$ 875,000
Capitalized Contract Costs Benefitial Term	10 years

Net Income Per Common Share - R

Net Income Per Common Share - Reconciliation of Shares Used in Calculating Basic and Diluted (Detail) - shares	3 Months Ended
	May 04, 2019	Apr. 28, 2018
Weighted Average Common Shares Outstanding—Basic	6,971,000	6,788,000
Effect of Dilutive Options, Restricted Stock Units and Restricted Stock Awards	277,412	128,229
Weighted Average Common Shares Outstanding—Diluted	7,248,000	6,916,000

Net Income Per Common Share - A

Net Income Per Common Share - Additional Information (Detail) - shares	3 Months Ended
	May 04, 2019	Apr. 28, 2018
Number of common equivalent shares	260,422	248,480

Intangible Assets - Fair Value

Intangible Assets - Fair Value of Acquired Identifiable Intangible Assets and Related Estimated Useful Lives (Detail) - USD ($) $ in Thousands	May 04, 2019	Jan. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 37,387	$ 37,387
Accumulated Amortization	(8,959)	(7,909)
Currency Translation Adjustment	133	196
Net Carrying Amount	28,561	29,674
Customer Contract Relationships [Member] | Honeywell Asset Purchase and License Agreement [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	27,243	27,243
Accumulated Amortization	(4,599)	(3,869)
Net Carrying Amount	22,644	23,374
Customer Contract Relationships [Member] | Miltope [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	3,100	3,100
Accumulated Amortization	(1,797)	(1,723)
Net Carrying Amount	1,303	1,377
Customer Contract Relationships [Member] | RITEC [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,830	2,830
Accumulated Amortization	(813)	(725)
Net Carrying Amount	2,017	2,105
Non-Competition Agreement [Member] | RITEC [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	950	950
Accumulated Amortization	(728)	(681)
Net Carrying Amount	222	269
Existing Technology [Member] | TrojanLabel ApS [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,327	2,327
Accumulated Amortization	(797)	(711)
Currency Translation Adjustment	97	140
Net Carrying Amount	1,627	1,756
Distributor Relations [Member] | TrojanLabel ApS [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	937	937
Accumulated Amortization	(225)	(200)
Currency Translation Adjustment	36	56
Net Carrying Amount	$ 748	$ 793

Intangible Assets - Additional

Intangible Assets - Additional Information (Detail) - USD ($)	3 Months Ended
	May 04, 2019	Apr. 28, 2018
Impairment of Intangible Assets (Excluding Goodwill) [Abstract]
Impairments of intangible assets	$ 0	$ 0
Amortization expense	$ 1,100,000	$ 1,000,000

Intangible Assets - Summary of

Intangible Assets - Summary of Estimated Amortization Expense (Detail) $ in Thousands	May 04, 2019USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2020	$ 3,153
2021	4,074
2022	3,987
2023	3,982
2024	$ 3,978

Inventories - Components of Inv

Inventories - Components of Inventories (Detail) - USD ($) $ in Thousands	May 04, 2019	Jan. 31, 2019
Inventory Disclosure [Abstract]
Materials and Supplies	$ 19,035	$ 17,517
Work-In-Process	1,750	1,633
Finished Goods	15,922	15,688
Inventory, Gross	36,707	34,838
Inventory Reserve	(4,664)	(4,677)
Inventories	$ 32,043	$ 30,161

Revolving Credit Facility - Add

Revolving Credit Facility - Additional Information (Detail) - USD ($)	3 Months Ended	12 Months Ended
	May 04, 2019	Jan. 31, 2019
Line of Credit Facility [Line Items]
Proceeds from borrowing under revolving credit facility		$ 3,000,000
Repayments on borrowings under revolving credit facility		1,500,000
Revolving credit facility	$ 1,500,000	$ 1,500,000
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Annual interest rate	5.75%
Accrued interest expense	$ 19,000
Credit facility, remaining borrowing capacity	$ 8,500,000
Commitment fee rate	0.25%
Revolving Credit Facility [Member] | LIBOR [Member]
Line of Credit Facility [Line Items]
Interest rate	1.00%
Revolving Credit Facility [Member] | Federal Funds Effective Swap Rate [Member]
Line of Credit Facility [Line Items]
Interest rate	0.50%
Revolving Credit Facility [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Percentage added to variable rate	0.00%
Revolving Credit Facility [Member] | Minimum [Member] | LIBOR [Member]
Line of Credit Facility [Line Items]
Interest rate	1.00%
Revolving Credit Facility [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Percentage added to variable rate	0.50%
Revolving Credit Facility [Member] | Maximum [Member] | LIBOR [Member]
Line of Credit Facility [Line Items]
Interest rate	1.50%
Second Amendment [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Credit facility, maximum borrowing capacity	$ 10,000,000

Debt - Schedule of Long Term De

Debt - Schedule of Long Term Debt in the Accompanying Condensed Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands	May 04, 2019	Jan. 31, 2019
Debt Instrument [Line Items]
USD Term Loan	$ 16,664	$ 18,242
Debt Issuance Costs, net of accumulated amortization	(149)	(164)
Current Portion of Term Loans	(4,932)	(5,208)
Long-Term Debt	11,583	12,870
Term Loan Due November 30, 2022 [Member]
Debt Instrument [Line Items]
USD Term Loan	10,500	11,250
Term Loan Due January 31, 2022 [Member]
Debt Instrument [Line Items]
USD Term Loan	$ 6,164	$ 6,992

Debt - Schedule of Long Term _2

Debt - Schedule of Long Term Debt in the Accompanying Condensed Consolidated Balance Sheets (Parenthetical) (Detail)	3 Months Ended
	May 04, 2019	Jan. 31, 2019
Term Loan Due November 30, 2022 [Member]
Debt Instrument [Line Items]
Debt instrument, maturity date	Nov. 30, 2022
Term Loan Due November 30, 2022 [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Debt instrument, description of variable rate basis	(3.75% as of May 4, 2019 and 4.02% as of January 31, 2019); maturity date of November 30, 2022
Interest rate	3.75%	4.02%
Term Loan Due January 31, 2022 [Member]
Debt Instrument [Line Items]
Debt instrument, maturity date	Jan. 31, 2022
Term Loan Due January 31, 2022 [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Debt instrument, description of variable rate basis	(3.75% as of May 4, 2019 and 4.02% as of January 31, 2019); maturity date of January 31, 2022
Interest rate	3.75%	4.02%

Debt - Schedule of Required Pri

Debt - Schedule of Required Principal Payments Remaining on Long Term Debt Outstanding (Detail) - Term Loan [Member] $ in Thousands	May 04, 2019USD ($)
Debt Instrument [Line Items]
Fiscal 2020	$ 3,630
Fiscal 2021	5,208
Fiscal 2022	5,576
Fiscal 2023	2,250
Fiscal 2024	0
Long term debt	$ 16,664

Derivative Financial Instrume_3

Derivative Financial Instruments and Risk Management - Schedule of Impact of the Derivative Instruments in the Condensed Consolidated Financial Statements (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 04, 2019	Apr. 28, 2018	Jan. 31, 2019
Cross Currency Interest Rate Swap [Member] | Other Long Term Liabilities [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cross-currency interest rate swap	$ 400		$ 600
Interest Rate Swap [Member] | Other Assets [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Interest rate swap	49		$ 85
Cash Flow Hedge [Member] | Cross Currency Interest Rate Contract [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain Recognized in OCI on Derivative	$ 149	$ 383
Location of Gain Reclassified from Accumulated OCI into Income	Other Income (Expense)
Amount of Gain Reclassified from Accumulated OCI into Income	$ 185	$ 256

Derivative Financial Instrume_4

Derivative Financial Instruments and Risk Management - Additional Information (Detail)	3 Months Ended
	May 04, 2019USD ($)
Cross Currency Interest Rate Contract [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative notional amount	$ 5,900,000
Maximum remaining maturity of foreign currency derivatives	5 years
Amount of gain reclassify from Accumulated OCI into loss during next 12 months	$ 300,000
Interest Rate Contract [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative notional amount	$ 10,500,000

Royalty Obligation - Additional

Royalty Obligation - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 04, 2019	Apr. 28, 2018	Jan. 31, 2019	Jan. 31, 2018
Guaranteed Minimum Royalty Payment	$ 2,000
Royalty Obligation, Current	2,000		$ 1,875
Royalty Obligation Non Current	9,440		9,916
Accrued Royalties, Current, Excess Royalty Payment Due	$ 1,301		$ 1,265
Honeywell Asset Purchase and License Agreement [Member]
Payment Term Period	10 years
Minimum Royalty Payment Obligations				$ 15,000
Fair Value Assumption Percentage Of Present Value Factor	2.80%
Royalty Obligation, Current	$ 2,000
Royalty Obligation Non Current	9,400
Excess Royalty Payments	$ 600	$ 500

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($)	3 Months Ended	12 Months Ended
	May 04, 2019	Jan. 31, 2021	Dec. 31, 2020	Jan. 31, 2020
Lessee, Operating Lease, Option to Extend	options to extend the lease term for periods up to 5 years
Operating Lease, Payments	$ 100,000		$ 0
Operating Lease, Weighted Average Remaining Lease Term	6 years 3 months 18 days
Operating Lease, Weighted Average Discount Rate, Percent	4.02%
Maximum [Member]
Operating Lease Remaining Lease Term	12 years
Minimum [Member]
Operating Lease Remaining Lease Term	1 year
Scenario, Forecast [Member]
Lease expense, related party		$ 66,000		$ 64,000

Leases - Schedule Of Balance Sh

Leases - Schedule Of Balance Sheet And Other Information Related To Operating Leases (Detail) - USD ($) $ in Thousands	May 04, 2019	Feb. 01, 2019
Operating Leases [Abstract]
Right of Use Asset	$ 1,876	$ 2,000
Other Liabilities and Accrued Expenses	411
Operating Lease Liabilities	$ 1,472

Leases - Lease Cost Information

Leases - Lease Cost Information (Detail) $ in Thousands	3 Months Ended
	May 04, 2019USD ($)
General and Administrative Expense [Member]
Operating Lease Costs	$ 92

Leases - Maturities of lease li

Leases - Maturities of lease liabilities (Detail) $ in Thousands	May 04, 2019USD ($)
Leases [Abstract]
2020	$ 293
2021	398
2022	332
2023	280
2024	266
Thereafter	578
Total Lease Payments	2,147
Less: Imputed Interest	(264)
Total Lease Liabilities	$ 1,883

Leases - Supplemental cash flow

Leases - Supplemental cash flow information (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	May 04, 2019	Dec. 31, 2020
Cash paid for amounts included in the measurement of lease liabilities [Abstract]
Operating cash flows for operating leases	$ 100	$ 0

Leases - Future minimum operati

Leases - Future minimum operating lease commitments (Detail) $ in Thousands	Jan. 31, 2019USD ($)
2020	$ 574
2021	520
2022	387
2023	294
2024	273
Thereafter	568
Total	$ 2,616

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Changes in Balance of Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 04, 2019	Apr. 28, 2018
Schedule of Capitalization, Equity [Line Items]
Beginning Balance	$ 69,775	$ 63,647
Other Comprehensive Loss	(200)	(163)
Ending Balance	71,614	64,630
Foreign Currency Translation Adjustments [Member]
Schedule of Capitalization, Equity [Line Items]
Beginning Balance	(852)
Other Comprehensive Income (Loss) before reclassification	(172)
Other Comprehensive Loss	(172)
Ending Balance	(1,024)
Net Unrealized Gain/(Loss) on Cash Flow Hedges [Member]
Schedule of Capitalization, Equity [Line Items]
Beginning Balance	34
Other Comprehensive Income (Loss) before reclassification	116
Amounts reclassified from AOCI to Earnings	(144)
Other Comprehensive Loss	(28)
Ending Balance	6
Accumulated Other Comprehensive Income (Loss) [Member]
Schedule of Capitalization, Equity [Line Items]
Beginning Balance	(818)	(172)
Other Comprehensive Income (Loss) before reclassification	(56)
Amounts reclassified from AOCI to Earnings	(144)
Other Comprehensive Loss	(200)	(163)
Ending Balance	$ (1,018)	$ (335)

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail) - USD ($)	Feb. 01, 2019	Jan. 31, 2019	May 04, 2019	Apr. 28, 2018	Jan. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares outstanding		771,145	736,690
Options granted weighted-average fair value per share				$ 6.80
Reservation of shares under Stock Purchase Plan			247,500
Restricted Stock or Unit Expense			$ 384,000	$ 204,000
2015 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares outstanding			42,204
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Stock Purchase Plan discount rate			15.00%
Shares purchase under Employee Stock Purchase Plan			1,571	1,216
Shares available for grant under the Plan			32,282
2007 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares outstanding			391,145
2018 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized for grant under the Plan			650,000
Number of shares outstanding			146,000
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense related to options			$ 1,232,000
Unrecognized compensation expense to be recognized, Weighted average period			2 years 2 months 12 days
RSA [Member] | 2015 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares outstanding			199,545
RSA [Member] | 2007 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares outstanding			1,007
RSA [Member] | 2018 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options granted	18,000	182,896
Restricted Stock Award [Member] | Scenario, Forecast [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock or Unit Expense					$ 60,000
Restricted Stock Award And Restricted Stock Unit [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options granted			101,962
Unrecognized compensation expense to be recognized, Weighted average period			2 years 2 months 12 days
Unrecognized compensation expense related to RSUs and RSAs			$ 2,961,000

Share-Based Compensation - Shar

Share-Based Compensation - Share-Based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 04, 2019	Apr. 28, 2018
Share-based Compensation [Abstract]
Stock Options	$ 212	$ 156
Restricted Stock Awards and Restricted Stock Units	384	204
Employee Stock Purchase Plan	5	3
Total	$ 601	$ 363

Share-Based Compensation - Fair

Share-Based Compensation - Fair Value of Stock Options Granted (Detail)	3 Months Ended
	Apr. 28, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Risk-Free Interest Rate	2.60%
Expected Volatility	41.30%
Expected Life (in years)	10 years
Dividend Yield	1.80%

Share-Based Compensation - Aggr

Share-Based Compensation - Aggregated Information Regarding Stock Options Granted (Detail)	3 Months Ended
	May 04, 2019$ / sharesshares
Share-based Compensation [Abstract]
Beginning balance, Number of Options | shares	771,145
Exercised, Number of Options | shares	(26,530)
Forfeited, Number of Options | shares	(7,525)
Canceled, Number of Options | shares	(400)
Ending balance, Number of Options | shares	736,690
Beginning balance, Weighted-Average Exercise Price | $ / shares	$ 14.30
Exercised, Weighted-Average Exercise Price | $ / shares	10.92
Forfeited, Weighted Average Exercise Price | $ / shares	16.83
Cancelled, Weighted-Average Exercise Price Per Share | $ / shares	6.22
Ending balance, Weighted-Average Exercise Price | $ / shares	$ 14.40

Share-Based Compensation - Summ

Share-Based Compensation - Summary of Options Outstanding (Detail) - $ / shares	3 Months Ended
	May 04, 2019	Jan. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares outstanding, total	736,690	771,145
Outstanding, Weighted Average Exercise Price	$ 14.40
Exercisable, Weighted Average Exercise Price	$ 13.07
Outstanding Remaining Contractual Life	6 years 10 months 24 days
Number of shares exercisable, total	454,195
Exercisable Remaining Contractual Life	5 years 9 months 18 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	64,181
Outstanding, Weighted Average Exercise Price	$ 7.94
Exercisable, Weighted Average Exercise Price	$ 7.94
Outstanding Remaining Contractual Life	2 years 8 months 12 days
Exercisable, Number of shares	64,181
Exercisable Remaining Contractual Life	2 years 9 months 18 days
$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	434,709
Outstanding, Weighted Average Exercise Price	$ 13.64
Exercisable, Weighted Average Exercise Price	$ 13.64
Outstanding Remaining Contractual Life	6 years 7 months 6 days
Exercisable, Number of shares	338,314
Exercisable Remaining Contractual Life	6 years 1 month 6 days
$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	237,800
Outstanding, Weighted Average Exercise Price	$ 17.54
Exercisable, Weighted Average Exercise Price	$ 15.70
Outstanding Remaining Contractual Life	8 years 7 months 6 days
Exercisable, Number of shares	51,700
Exercisable Remaining Contractual Life	7 years 6 months

Share-Based Compensation - Ag_2

Share-Based Compensation - Aggregated Information Regarding RSUs and RSAs Granted (Detail) - Restricted Stock Award And Restricted Stock Unit [Member]	3 Months Ended
	May 04, 2019$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning balance, Outstanding Restricted Stock Units and Restricted Stock Awards | shares	133,667
Granted, Restricted Stock Units and Restricted Stock Awards | shares	101,962
Vested, Restricted Stock Units and Restricted Stock Awards | shares	(9,522)
Ending balance, Outstanding Restricted Stock Units and Restricted Stock Awards | shares	226,107
Beginning balance, Weighted Average Grant Date Fair Value | $ / shares	$ 13.99
Granted, Weighted Average Grant Date Fair Value | $ / shares	19.50
Vested, Weighted Average Grant Date Fair Value | $ / shares	14.15
Ending balance, Weighted Average Grant Date Fair Value | $ / shares	$ 16.47

Income Taxes - Projected Effect

Income Taxes - Projected Effective Tax Rate for Periods (Detail)	3 Months Ended
	May 04, 2019	Apr. 28, 2018
Income Tax Disclosure [Abstract]
Effective tax rates for income from continuing operations	19.00%	18.20%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended
	May 04, 2019	Apr. 28, 2018	Jan. 31, 2019
Income Tax Disclosure [Abstract]
Income tax expense	$ 400,000	$ 181,000
Income tax benefit from windfall of stock	97,000	30,000
Expiration of the statue of limitations on previously uncertain tax positions	53,000	$ 78,000
Cumulative unrecognized tax benefits	592,000		$ 618,000
Changes to unrecognized tax benefits	$ 0

Segment Information - Net Sales

Segment Information - Net Sales and Segment Operating Profit for Each Reporting Segment (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 04, 2019	Apr. 28, 2018
Segment Reporting Information [Line Items]
Revenue	$ 36,181	$ 31,487
Corporate Expenses	2,999	2,653
Operating Income	2,468	1,265
Other Expense	(368)	(270)
Income before Income Taxes	2,100	995
Income Tax Provision	400	181
Net Income	1,700	814
Operating Segments [Member]
Segment Reporting Information [Line Items]
Operating Income	5,467	3,918
Operating Segments [Member] | Product Identification [Member]
Segment Reporting Information [Line Items]
Revenue	23,591	19,953
Operating Income	2,886	1,661
Operating Segments [Member] | T&M [Member]
Segment Reporting Information [Line Items]
Revenue	12,590	11,534
Operating Income	$ 2,581	$ 2,257

Fair Value - Summary of Financi

Fair Value - Summary of Financial Assets and Liabilities Measured at Fair Value (Detail) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	May 04, 2019	Jan. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Swap Contracts (included in Other Assets)	$ 49	$ 85
Total Assets	49	85
Swap Contracts (included in Other Long-Term Liabilities)	400	600
Earnout Liability (included in Other Long-Term Liabilities)	14	14
Total Liabilities	414	614
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Swap Contracts (included in Other Assets)	49	85
Total Assets	49	85
Swap Contracts (included in Other Long-Term Liabilities)	400	600
Total Liabilities	400	600
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Earnout Liability (included in Other Long-Term Liabilities)	14	14
Total Liabilities	$ 14	$ 14

Fair Value - Additional Informa

Fair Value - Additional Information (Detail) $ in Millions	3 Months Ended
	May 04, 2019USD ($)yr
Fair Value Inputs Assets Liabilities Quantitative Information [Line Items]
Fair value assumptions | yr	7
Measurement Input, Discount Rate [Member] | Minimum [Member]
Fair Value Inputs Assets Liabilities Quantitative Information [Line Items]
Fair value assumptions	0.0268
Measurement Input, Discount Rate [Member] | Maximum [Member]
Fair Value Inputs Assets Liabilities Quantitative Information [Line Items]
Fair value assumptions	0.049
Contingent Earn Out Liability [Member]
Fair Value Inputs Assets Liabilities Quantitative Information [Line Items]
Estimated earnout targets	$ 0.5
Estimated earnout targets	$ 1.4
Contingent Earn Out Liability [Member] | Minimum [Member]
Fair Value Inputs Assets Liabilities Quantitative Information [Line Items]
Probability of success	0.00%
Contingent Earn Out Liability [Member] | Maximum [Member]
Fair Value Inputs Assets Liabilities Quantitative Information [Line Items]
Probability of success	0.90%

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	May 04, 2019	Jan. 31, 2019
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-Term Debt and Related Current Maturities	$ 17,040	$ 18,857
Fair Value [Member] | Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-Term Debt and Related Current Maturities	17,040	18,857
Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-Term Debt and Related Current Maturities	$ 16,664	$ 18,242