AstroNova (ALOT) 10-Q 9 Dec 20 2021 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Oct. 31, 2020	Dec. 07, 2020
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Oct. 31, 2020
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
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
Document Quarterly Report	true
Document Transition Report	false
Entity Address, State or Province	RI
Entity Common Stock, Shares Outstanding		7,170,486
Entity Incorporation, State or Country Code	RI
Entity File Number	0-13200
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
City Area Code	401
Local Phone Number	828-4000

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020
CURRENT ASSETS
Cash and Cash Equivalents	$ 9,603	$ 4,249
Accounts Receivable, net	15,662	19,784
Inventories, net	30,868	33,925
Prepaid Expenses and Other Current Assets	2,769	2,193
Total Current Assets	58,902	60,151
Property, Plant and Equipment, net	11,944	11,268
Intangible Assets, net	22,413	25,383
Goodwill	12,466	12,034
Deferred Tax Assets	5,099	5,079
Right of Use Assets	1,436	1,661
Other Assets	1,049	1,088
TOTAL ASSETS	113,309	116,664
CURRENT LIABILITIES
Accounts Payable	4,825	4,409
Accrued Compensation	2,749	2,700
Other Liabilities and Accrued Expenses	3,481	4,711
Current Portion of Long-Term Debt	4,984	5,208
Revolving Credit Facility		6,500
Current Liability – Royalty Obligation	2,000	2,000
Current Liability – Excess Royalty Payment Due	147	773
Deferred Revenue	313	466
Total Current Liabilities	18,499	26,767
Long-Term Debt, net of current portion	8,488	7,715
Royalty Obligation, net of current portion	6,624	8,012
Long-Term Debt – PPP Loan	4,422
Lease Liabilities, net of current portion	1,105	1,279
Other Long-Term Liabilities	657	1,081
Deferred Tax Liabilities	476	435
TOTAL LIABILITIES	40,271	45,289
SHAREHOLDERS' EQUITY
Common Stock, $0.05 Par Value, Authorized 13,000,000 shares; Issued 10,416,724 shares and 10,343,610 shares at October 31, 2020 and January 31, 2020, respectively	521	517
Additional Paid-in Capital	57,894	56,130
Retained Earnings	49,248	49,298
Treasury Stock, at Cost, 3,295,188 and 3,281,701 shares at October 31, 2020 and January 31, 2020, respectively	(33,568)	(33,477)
Accumulated Other Comprehensive Loss, net of tax	(1,057)	(1,093)
TOTAL SHAREHOLDERS' EQUITY	73,038	71,375
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 113,309	$ 116,664

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Oct. 31, 2020	Jan. 31, 2020
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	10,416,724	10,343,610
Treasury Stock, Shares	3,295,188	3,281,701

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Income Statement [Abstract]
Revenue	$ 28,017	$ 33,318	$ 86,595	$ 102,967
Cost of Revenue	18,282	21,021	56,218	64,454
Gross Profit	9,735	12,297	30,377	38,513
Operating Expenses:
Selling and Marketing	5,553	6,944	17,033	20,122
Research and Development	1,412	2,076	4,845	5,868
General and Administrative	2,353	2,830	7,214	8,445
Operating Expenses	9,318	11,850	29,092	34,435
Operating Income	417	447	1,285	4,078
Other Expense, Net	(437)	(238)	(459)	(788)
Income (Loss) Before Income Taxes	(20)	209	826	3,290
Income Tax (Benefit) Provision	(32)	(247)	379	182
Net Income	$ 12	$ 456	$ 447	$ 3,108
Net Income per Common Share - Basic:	$ 0	$ 0.06	$ 0.06	$ 0.44
Net Income per Common Share - Diluted:	$ 0	$ 0.06	$ 0.06	$ 0.43
Weighted Average Number of Common Shares Outstanding—Basic	7,120,286	7,046,803	7,099,505	7,012,595
Weighted Average Number of Common Shares Outstanding—Diluted	7,185,485	7,198,598	7,137,478	7,272,435

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Statement of Comprehensive Income [Abstract]
Net Income	$ 12	$ 456	$ 447	$ 3,108
Other Comprehensive Income (Loss), Net of Taxes:
Foreign Currency Translation Adjustments	(157)	87	53	(166)
Change in Value of Derivatives Designated as Cash Flow Hedge	15	62	(255)	62
Losses (Gains) from Cash Flow Hedges Reclassified to Income Statement		3	193	(201)
Cross-Currency Interest Rate Swap Termination			45
Other Comprehensive Income (Loss)	(142)	152	36	(305)
Comprehensive Income (Loss)	$ (130)	$ 608	$ 483	$ 2,803

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, 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		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 Income (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
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
Net Income	3,108
Other Comprehensive Income (Loss)	(305)
Ending Balance at Nov. 02, 2019	72,953	$ 518	55,870	51,142	(33,454)	(1,123)
Ending Balance, Shares at Nov. 02, 2019		10,333,915
Beginning Balance at May. 04, 2019	71,614	$ 513	54,474	50,722	(33,077)	(1,018)
Beginning Balance, Shares at May. 04, 2019		10,256,071
Share-Based Compensation	451		451
Employee Option Exercises	199	$ 1	198		0
Employee Option Exercises, Shares		13,821
Restricted Stock Awards Vested, net	(377)	$ 2	(2)		(377)
Restricted Stock Awards Vested, net, Shares		45,658
Common Stock – Cash Dividend - $0.07 per share	(493)			(493)
Net Income	951			951
Other Comprehensive Income (Loss)	(257)					(257)
Ending Balance at Aug. 03, 2019	72,088	$ 516	55,121	51,180	(33,454)	(1,275)
Ending Balance, Shares at Aug. 03, 2019		10,315,550
Share-Based Compensation	525		525
Employee Option Exercises	226	$ 2	224
Employee Option Exercises, Shares		18,365
Common Stock – Cash Dividend - $0.07 per share	(494)			(494)
Net Income	456			456
Other Comprehensive Income (Loss)	152					152
Ending Balance at Nov. 02, 2019	72,953	$ 518	55,870	51,142	(33,454)	(1,123)
Ending Balance, Shares at Nov. 02, 2019		10,333,915
Beginning Balance at Jan. 31, 2020	71,375	$ 517	56,130	49,298	(33,477)	(1,093)
Beginning Balance, Shares at Jan. 31, 2020		10,343,610
Share-Based Compensation	495		495
Employee Option Exercises	32		32
Employee Option Exercises, Shares		4,456
Restricted Stock Awards Vested, net	(54)	$ 1	(1)		(54)
Restricted Stock Awards Vested, net, Shares		23,638
Common Stock – Cash Dividend - $0.07 per share	(497)			(497)
Net Income	432			432
Other Comprehensive Income (Loss)	(221)					(221)
Ending Balance at May. 02, 2020	71,562	$ 518	56,656	49,233	(33,531)	(1,314)
Ending Balance, Shares at May. 02, 2020		10,371,704
Beginning Balance at Jan. 31, 2020	$ 71,375	$ 517	56,130	49,298	(33,477)	(1,093)
Beginning Balance, Shares at Jan. 31, 2020		10,343,610
Employee Option Exercises, Shares	800
Net Income	$ 447
Other Comprehensive Income (Loss)	36					36
Ending Balance at Oct. 31, 2020	73,038	$ 521	57,894	49,248	(33,568)	(1,057)
Ending Balance, Shares at Oct. 31, 2020		10,416,724
Beginning Balance at May. 02, 2020	71,562	$ 518	56,656	49,233	(33,531)	(1,314)
Beginning Balance, Shares at May. 02, 2020		10,371,704
Share-Based Compensation	601		601
Employee Option Exercises	29		29
Employee Option Exercises, Shares		4,874
Restricted Stock Awards Vested, net	(37)	$ 2	(2)		(37)
Restricted Stock Awards Vested, net, Shares		35,676
Net Income	3			3
Other Comprehensive Income (Loss)	399					399
Ending Balance at Aug. 01, 2020	72,557	$ 520	57,284	49,236	(33,568)	(915)
Ending Balance, Shares at Aug. 01, 2020		10,412,254
Share-Based Compensation	591		591
Employee Option Exercises	20	$ 1	19
Employee Option Exercises, Shares		4,037
Restricted Stock Awards Vested, net, Shares		433
Net Income	12			12
Other Comprehensive Income (Loss)	(142)					(142)
Ending Balance at Oct. 31, 2020	$ 73,038	$ 521	$ 57,894	$ 49,248	$ (33,568)	$ (1,057)
Ending Balance, Shares at Oct. 31, 2020		10,416,724

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	May 02, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019
Statement of Stockholders' Equity [Abstract]
Common Stock – Cash Dividend per share	$ 0.07	$ 0.07	$ 0.07	$ 0.07

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019
Cash Flows from Operating Activities:
Net Income	$ 447	$ 3,108
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Depreciation and Amortization	4,571	4,692
Amortization of Debt Issuance Costs	48	37
Share-Based Compensation	1,687	1,576
Changes in Assets and Liabilities:
Accounts Receivable	4,248	1,296
Inventories	3,252	(5,412)
Income Taxes	115	(2,639)
Accounts Payable and Accrued Expenses	(1,488)	(1,586)
Other	(1,213)	(84)
Net Cash Provided by Operating Activities	11,667	988
Cash Flows from Investing Activities:
Additions to Property, Plant and Equipment	(2,102)	(2,422)
Net Cash Used for Investing Activities	(2,102)	(2,422)
Cash Flows from Financing Activities:
Net Cash Proceeds from Employee Stock Option Plans	6	633
Net Cash Proceeds from Share Purchases under Employee Stock Purchase Plan	75	88
Net Cash Used for Payment of Taxes Related to Vested Restricted Stock	(91)	(445)
Borrowings under Revolving Credit Facility	5,000	5,000
Repayment under Revolving Credit Facility	(11,500)
Payment of Minimum Guarantee Royalty Obligation	(1,500)	(1,375)
Proceeds from Long-Term Debt – PPP Loan	4,422
Proceeds from Long-Term Debt Borrowings	15,232
Payoff of Long-Term Debt	(11,732)
Principal Payments of Long-Term Debt	(2,906)	(3,998)
Payments of Debt Issuance Costs	(89)
Dividends Paid	(497)	(1,477)
Net Cash Used for Financing Activities	(3,580)	(1,574)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(631)	(58)
Net Increase (Decrease) in Cash and Cash Equivalents	5,354	(3,066)
Cash and Cash Equivalents, Beginning of Period	4,249	7,534
Cash and Cash Equivalents, End of Period	9,603	4,468
Supplemental Disclosures of Cash Flow Information:
Cash Paid During the Period for Interest	517	350
Cash Paid During the Period for Income Taxes, Net of Refunds	$ 250	2,746
Schedule of Non-Cash Financing Activities:
Value of Shares Received in Satisfaction of Option Exercise Price		$ 11

Business and Basis of Presentat

Business and Basis of Presentation	9 Months Ended
	Oct. 31, 2020
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 t 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 brand names QuickLabel ® ® ™ ® 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, 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, that allow customers to mark, track, protect and enhance the appearance of their products. In the T&M segment, we have a long history of using our technologies to provide networking systems and high-resolution light-weight 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 and analyzed and then stored and presented in various visual output formats. Unless otherwise indicated, references to “AstroNova”, “we,” “our,” and “us” in this Quarterly Report on Form 10-Q 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 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, in context of the unknown future impacts of COVID-19 COVID-19 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 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	9 Months Ended
	Oct. 31, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 – Summary of Significant Accounting Policies Update The accounting policies used in preparing the condensed consolidated financial statements in this Form 10-Q 10-K Recently Adopted Accounting Pronouncements Fair Value Measurement In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2018-13, “Fair 2018-13 2018-13 Recent Accounting Standards Not Yet Adopted Reference Rate Reform In March 2020, the FASB issued ASU 2020-04, 2020-04 No other new accounting pronouncements, issued or effective during the nine months of the current year, have had or are expected to have a material impact on our consolidated financial statements.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Oct. 31, 2020
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Note 3 – Revenue Recognition We derive revenue from the sal e Revenues disaggregated by primary geographic markets and major product types are as follows: Primary geographical markets: Three Months Ended Nine Months Ended (In thousands) October 31, 2020 November 2, 2019 October 31, 2020 November 2, 2019 United States $ 16,788 $ 21,831 $ 54,442 $ 64,471 Europe 7,081 7,059 20,845 22,408 Canada 1,273 1,441 4,154 4,346 Central and South America 1,233 1,019 3,101 3,232 Asia 1,209 1,396 3,050 7,063 Other 433 572 1,003 1,447 Total Revenue $ 28,017 $ 33,318 $ 86,595 $ 102,967 Major product types: Three Months Ended Nine Months Ended (In thousands) October 31, 2020 November 2, 2019 October 31, 2020 November 2, 2019 Hardware $ 7,667 $ 12,160 $ 25,021 $ 37,514 Supplies 17,996 17,655 54,254 55,463 Service and Other 2,354 3,503 7,320 9,990 Total Revenue $ 28,017 $ 33,318 $ 86,595 $ 102,967 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 $313,000 and $466,000 at October 31, 2020 and January 31, 2020, respectively, and are recorded as deferred revenue in the accompanying condensed consolidated balance sheet. The decrease in the deferred revenue balance during the nine months ended October 31, 2020 is primarily due t o current period in income , 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 remaining benefit term, which we currently estimate to be approximately 6 years. The balance of these contract assets at January 31, 2020 was $944,000. We amortized $44,000 of direct costs for the nine months ended October 31, 2020 and the balance of deferred incremental direct costs net of accumulated amortization at October 31, 2020 was $900,000, of which $59,000 is reported in other current assets and $841,000 is reported in other assets in the accompanying condensed consolidated balance sheet.

Net Income Per Common Share

Net Income Per Common Share	9 Months Ended
	Oct. 31, 2020
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 Nine Months Ended October 31, November 2, October 31, November 2, Weighted Average Common Shares Outstanding – Basic 7,120,286 7,046,803 7,099,505 7,012,595 Effect of Dilutive Options, Restricted Stock Awards and Restricted Stock Units 65,199 151,795 37,973 259,840 Weighted Average Common Shares Outstanding – Diluted 7,185,485 7,198,598 7,137,478 7,272,435 For the three and nine months ended October 31, 2020, the diluted per share amounts do not reflect common equivalent shares outstanding of 689,157 and 892,868 , ,

Intangible Assets

Intangible Assets	9 Months Ended
	Oct. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Note 5 – Intangible Assets Intangible assets are as follows: October 31, 2020 January 31, 2020 (In thousands) Gross Accumulated Currency Net Gross Accumulated Currency Net Miltope: Customer Contract Relationships $ 3,100 $ (2,253 ) $ — $ 847 $ 3,100 $ (2,021 ) $ — $ 1,079 RITEC: Customer Contract Relationships 2,830 (1,316 ) — 1,514 2,830 (1,076 ) — 1,754 Non-Competition 950 (950 ) — — 950 (871 ) — 79 TrojanLabel: Existing Technology 2,327 (1,313 ) 147 1,161 2,327 (1,053 ) 78 1,352 Distributor Relations 937 (370 ) 63 630 937 (297 ) 27 667 Honeywell: Customer Contract Relationships 27,243 (8,982 ) — 18,261 27,243 (6,791 ) — 20,452 Intangible Assets, net $ 37,387 $ (15,184 ) $ 210 $ 22,413 $ 37,387 $ (12,109 ) $ 105 $ 25,383 There were no impairments to intangible assets during the periods ended October 31, 2020 and November 2, 2019 . With respect to the acquired intangibles included in the table above, amortization expense of $1.0 million and $1.1 million has been included in the condensed consolidated statements of income for the three months ended October 31, 2020 and November 2, 2019, respectively. Amortization expense of $3.1 million and $3.2 million related to the above acquired intangibles has been included in the accompanying condensed consolidated statement of income for the nine months ended October 31, 2020 and November 2, 2019, respectively. Estimated amortization expense for the next five fiscal years is as follows: (In thousands) Remaining 2022 2023 2024 2025 Estimated amortization expense $ 999 $ 3,979 $ 3,972 $ 3,975 $ 3,395

Inventories

Inventories	9 Months Ended
	Oct. 31, 2020
Inventory Disclosure [Abstract]
Inventories	Note 6 – Inventories Inventories are stated at the lower of cost (first-in, first-out) (In thousands) October 31, 2020 January 31, 2020 Materials and Supplies $ 21,058 $ 20,151 Work-In-Process 1,631 1,408 Finished Goods 16,464 17,992 39,153 39,551 Inventory Reserve (8,285 ) (5,626 ) $ 30,868 $ 33,925

Credit Agreement and Debt

Credit Agreement and Debt	9 Months Ended
	Oct. 31, 2020
Debt Disclosure [Abstract]
Credit Agreement and Debt	Note 7 – Credit Agreement and Debt Credit Agreement On July 30, 2020, we entered into an Amended and Restat ed Immediately prior to the closing of the A&R Credit Agreement, we repaid $1.5 million in principal amount of term loans outstanding under the Existing Credit Agreement. The A&R Credit Agreement provides for (i) a term loan in the principal amount of $15.2 million, which we used to refinance the outstanding term loans borrowed by us and ANI ApS under the Existing Credit Agreement and a portion of the outstanding revolving loans borrowed by us under the Existing Credit Agreement, and (ii) a $10.0 million revolving credit facility available to us for general corporate purposes. Revolving credit loans may be borrowed, at our option, in U.S. Dollars or, subject to certain conditions, Euros, British Pounds, Canadian Dollars or Danish Kroner. During the three months ended October 31, 2020, we repaid the entire outstanding balance under the revolving line of credit. Balances outstanding under the revolving line of credit during the nine months ended October 31, 2020 bore interest at a weighted average annual rate of %, of interest was incurred and is included in other expense in the accompanying condensed consolidated income statement for the three and nine month periods ended October 31, 2020, respectively. At October 31, 2020, there was no balance outstanding under the revolving line of credit and was The A&R Credit Agreement was accounted for as a debt modification in a non-troubled Under the A&R Credit Agreement, the principal amount of each quarterly installment required to be paid on the last day of each of our fiscal quarters ending July 31, 2020 and October 31, 2020 is $0.8 million; the principal amount of the quarterly installment required to be paid on the last day of our fiscal quarter ending January 31, 2021 is $1.1 million; the principal amount of the quarterly installment required to be paid on the last day of the our fiscal quarter ending April 30, 2021 is $1.1 million; the principal amount of each quarterly installment required to be paid on the last day of each of the our fiscal quarters ending July 31, 2021, October 31, 2021, January 31, 2022 and April 30, 2022 is $1.4 million, and the entire remaining principal balance of the term loan is required to be paid on June 15, 2022. 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 June 15, 2022, 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. Under the A&R Credit Agreement the term loan and revolving credit loans bear interest at a rate per annum equal to, at the our 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 2.15% to 3.65% 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 LIBOR Rate plus 1.00% or (iv) 1.00%, plus a margin that varies within a range of 1.15% to 2.65% based on our consolidated leverage ratio. We are also required to pay a commitment fee on the undrawn portion of the revolving credit facility that varies within a range of 0.25% and 0.675% based on our consolidated leverage ratio. The loans under the A&R 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 continued compliance with the A&R Credit Agreement. No amount of the term loan that is repaid may be reborrowed. Under the A&R Credit Agreement , we must comply with various customary financial and non-financial non-financial The Lender is entitled to accelerate repayment of the loans and to terminate its revolving credit commitment under the A&R 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 our undergoing a change of control. In addition to the guarantees by ANI ApS and TrojanLabel, our obligations under the A&R Credit Agreement are also secured by substantially all of AstroNova, Inc.’s personal property assets (including a pledge of the equity interests it holds in ANI ApS, in our wholly-owned German subsidiary AstroNova GmbH, and in our wholly-owned French subsidiary AstroNova SAS), subject to certain exceptions, and by a mortgage on our owned real property in West Warwick, Rhode Isla nd Long-Term Debt Long-term debt in the accompanying condensed consolidated balance sheets is as follows: (In thousands) October 31, 2020 January 31, 2020 USD Term Loan (3.80% as of October 31, 2020); maturity date of June 15, 2022) $ 13,628 $ — USD Term Loan (3.03% as of January 31, 2020) — 8,250 USD Term Loan (3.03% as of January 31, 2020) — 4,784 $ 13,628 $ 13,034 Debt Issuance Costs, net of accumulated amortization (156 ) (111 ) Current Portion of Term Loans (4,984 ) (5,208 ) Long-Term Debt $ 8,488 $ 7,715 During the three and nine months ended October 31, 2020, we recognized $159,000 and $312,000 of interest expense, respectively, which was included in other income (expense) in the accompanying condensed consolidated income statement. During the three and nine months ended November 2, 2019, we recognized $ 101,000 and $285,000 of interest expense, respectively, which was included in other expense in the accompanying condensed consolidated income statement. The schedule of required principal payments remaining during the next five years on long-term debt outstanding as of October 31, 2020 is as follows: (In thousands) Fiscal 2021, remainder $ 1,052 Fiscal 2022 5,326 Fiscal 2023 7,250 $ 13,628

Paycheck Protection Program Loa

Paycheck Protection Program Loan	9 Months Ended
	Oct. 31, 2020
Debt Disclosure [Abstract]
Paycheck Protection Program Loan	Note 8 – Paycheck Protection Program Loan On May 6, 2020, we entered into a loan agreement with, and executed a promissory note in favor of Greenwood Credit Union (“Greenwood”) pursuant to which we borrowed $4.4 million (the “PPP Loan”) from Greenwood pursuant to the Paycheck Protection Program (“PPP”) administered by the United States Small Business Administration (the “SBA”) and authorized by the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), enacted on March 27, 2020. The terms of the PPP Loan were subsequently revised in accordance with the provisions of the Paycheck Protection Flexibility Act of 2020 (the “PPP Flexibility Act”) which was enacted on June 5, 2020. The PPP Loan, which will mature on May 6, 2022, is unsecured and bears interest at a rate of 1.0% per annum, accruing from the loan date, and is payable monthly. No payments are due on the PPP Loan until the date on which the SBA determines the amount of the PPP Loan that is eligible for forgiveness, so long as we apply for forgiveness within the ten months from the end of the twenty-four week period following the date of loan disbursement, but interest will continue to accrue during the deferral period. We accrued interest for the PPP Loan in the amount of $22,000, which is included in other expense in the accompanying condensed consolidated statements of income for the nine month period ended October 31, 2020. The PPP Loan may be prepaid at any time without penalty. The loan agreement and promissory note include customary provisions for a loan of this type, including prohibitions on our payment of dividends or repurchase of shares of our stock while the PPP Loan remains outstanding. The loan agreement and promissory note also include events of default relating to, among other things, payment defaults, breaches of the provisions of the loan agreement or the promissory note, and cross-defaults on other loans. Subject to the limitations and conditions set forth in the CARES Act, the PPP Flexibility Act, and the regulations and guidance provided by the SBA with respect to the PPP, a portion of the PPP Loan may be forgiven in an amount up to the amount of the PPP Loan proceeds that we spent on payroll, rent, utilities and interest on certain debt during the twenty-four-week period following incurrence of the PPP Loan. Interest accrued on the forgiven portion of the principal amount of the PPP Loan is also forgiven. The amount of the PPP Loan to be forgiven in respect of rent, utilities and interest on certain debt will be capped at of the forgiven amount, with the remaining forgiven amount allocated to payroll costs. We have fully utilized the PPP Loan proceeds for qualifying expenses and during the fourth quarter of this current year we expect to apply for forgiveness of the PPP Loan (including all associated accrued interest) in accordance with the terms of the CARES Act, as amended by the PPP Flexibility Act. Whether our application for forgiveness will be granted and in what amount is subject to approval by the SBA and may also be subject to further requirements in any regulations and guidelines the SBA may adopt. The PPP Loan is classified as long-term debt in the condensed consolidated balance sheet until the forgiveness determination has been made by the SBA.

Derivative Financial Instrument

Derivative Financial Instruments and Risk Management	9 Months Ended
	Oct. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments and Risk Management	Note 9 – Derivative Financial Instruments and Risk Management In February 28, 2017, as part of the Existing Credit Agreement, we 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 ANI ApS and an interest rate swap to manage the interest rate risk associated with our variable rate term loan borrowing (the “Swaps”). Both Swaps were designated as cash flow hedges of floating-rate borrowings. Our cross-currency interest rate swap agreement effectively modified our exposure to interest rate risk and foreign currency exchange rate risk by converting our floating-rate debt denominated in U.S. Dollars on our ANI ApS’s books to a fixed-rate debt denominated in Danish Kroner 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 involved the receipt of floating interest rate amounts in U.S. Dollars in exchange for fixed-rate interest payments in Danish Kroner, as well as exchanges of principal at the inception spot rate, over the life of the term loan. Subsequently, concurrent with our borrowings to fund the payments for the Asset Purchase and License Agreement with Honeywell International, we entered into an interest rate swap agreement to modify our exposure to interest rate risk by effectively converting our floating-rate borrowings to fixed-rate debt over the term of the loan, thus reducing the impact of interest-rate changes on future interest expense. This swap involved the receipt of floating interest rate amounts in U.S. Dollars in exchange for fixed interest rate payments in U.S. dollars over the life of the term loan. As a direct result of the terms of the Lender’s conditions for entry into the A&R Credit Agreement, on July 30, 2020, we terminated the two Swaps that we used to manage the interest rate and foreign currency exchange risks associated with our prior borrowings under the Existing Credit Agreement. The terms of the A&R Credit Agreement caused those swaps to cease to be effective hedges of the underlying exposures. The termination of the Swaps was contracted immediately prior to the end of the second quarter of fiscal 2021 at a cash cost of approximately $0.7 million which was settled in the third quarter. Upon termination, the remaining balance of $58,000 in accumulated other comprehensive loss related to the cross-currency interest rate swap was reclassified into earnings as the forecasted foreign currency interest payments will not occur and such balance is included in other expense in the accompanying condensed consolidated statements of income for the nine month period ended October 31, 2020. The balance in accumulated other comprehensive loss related to the interest rate swap of $ The following table summarizes the notional amount and fair value of our derivative instruments: October 31, 2020 January 31, 2020 Cash Flow Hedges (In thousands) Fair Value Derivatives Fair Value Derivatives Notional Amount Asset Liability Notional Amount Asset Liability Cross-currency Interest Rate Swap $ — $ — $ — $ 4,489 $ — $ 250 Interest Rate Swap $ — $ — $ — $ 8,250 $ — $ 96 The fair value of both the Cross-currency Interest Rate Swap and the Interest Rate swap are included in other long-term liabilities on the condensed consolidated balance sheets for the period ended January 31, 2020. The following table presents the impact of our derivative instruments in our condensed consolidated financial statements for the three and nine months ended October 31, 2020 and November 2, 2019: Three Months Ended Amount of Gain (Loss) Location of Amount of Gain (Loss) Cash Flow Hedge (In thousands) October 31, November 2, October 31, November 2, Swap contracts $ 20 $ 80 Other expense $ — $ (3) Nine Months Ended Amount of Gain (Loss) Location of Amount of Gain (Loss) Cash Flow Hedge (In thousands) October 31, November 2, October 31, November 2, Swap contracts $ (320) $ 82 Other expense $ (248) $ 259 At October 31, 2020, we expect to reclassify approximately $0.1 million of net losses on the frozen OCI balance associated with the terminated interest rate swap from accumulated other comprehensive loss to earnings during the next 12 months due to the payment of variable interest associated with the floating interest rate debt.

Royalty Obligation

Royalty Obligation	9 Months Ended
	Oct. 31, 2020
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 g after-tax

Leases

Leases	9 Months Ended
	Oct. 31, 2020
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 1 to 8 years, some of which include options to extend the lease term for periods of up to five years when it is reasonably certain that we will exercise such options. Balance sheet and other information related to our leas es Operating Leases (In thousands) Balance Sheet Classification October 31, January 31, Lease Assets Right of Use Assets $ 1,436 $ 1,661 Lease Liabilities – Current Other Liabilities and Accrued Expenses 376 416 Lease Liabilities – Long Term Lease Liabilities 1,105 1,279 Lease cost information is as follows: Three Months Ended Nine Months Ended Operating Leases (In thousands) Statement of Income Classification October 31, November 2, October 31, November 2, Operating Lease Costs General and Administrative Expense $ 120 $ 119 $ 362 $ 329 Maturities of operating lease liabilities are as follows: (In thousands) October 31, 2021 , remaining $ 106 2022 361 2023 310 2024 283 2025 177 Thereafter 415 Total Lease Payments 1,652 Less: Imputed Interest (171) Total Lease Liabilities $ 1,481 As of October 31, 2020, the weighted-average remaining lease term and weighted-average discount rate for our operating leases are 5.3 years and 4.0%, 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 Nine Months Ended (In thousands) October 31, November 2, October 31, November 2, Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 102 $ 108 $ 333 $ 306

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	9 Months Ended
	Oct. 31, 2020
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 Cash Total Balance at January 31, 2020 $ (985) $ (108) $ (1,093) Other Comprehensive Loss before reclassification 53 (255) (202) Amounts reclassified from AOCL to Earnings — 193 193 Cross-Currency Interest Rate Swap Termination — 45 45 Other Comprehensive Income (Loss) 53 (17) 36 Balance at October 31, 2020 $ (932) $ (125) $ (1,057) 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	9 Months Ended
	Oct. 31, 2020
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 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 or 2015 plans, but outstanding awards will continue to be governed by those plans. As of October 31, 2020, options to purchase an aggregate of 338,458 shares were outstanding under the 2007 Plan and 14,583 unvested shares of restricted stock and options to purchase an aggregate of 148,625 shares were outstanding under the 2015 Plan. We also have a Non-Employee non-employee re-election Share-based compensation expense was recognized as follows: Three Months Ended Nine Months Ended (In thousands) October 31, November 2, October 31, November 2, Stock Options $ 126 $ 148 $ 390 $ 487 Restricted Stock Awards and Restricted Stock Units 462 371 1,284 1,074 Employee Stock Purchase Plan 3 6 13 15 Total $ 591 $ 525 $ 1,687 $ 1,576 Stock Options There were no stock options granted during the nine months ended October 31, 2020 and November 2, 2019. Aggregated information regarding stock option activity for the nine months ended October 31, 2020 is summarized below: Number of Weighted Average Outstanding at January 31, 2020 679,044 $ 14.46 Granted — — Exercised (800) 7.36 Forfeited (54,261) 12.89 Canceled (1,400) 7.36 Outstanding at October 31, 2020 622,583 $ 14.62 Set forth below is a summary of options outstanding at October 31, 2020: Outstanding Exercisable Range of Exercise prices Number Weighted- Weighted- Number Weighted- Weighted $5.00-10.00 41,444 $ 7.97 1.6 41,444 $ 7.97 1.6 $10.01-15.00 359,414 $ 13.63 5.1 314,241 $ 13.65 4.9 $15.01-20.00 221,725 $ 17.48 7.1 167,367 $ 17.22 7.0 622,583 $ 14.62 5.6 523,052 $ 14.34 5.3 As of October 31, 2020, there was approximately $0.4 million of unrecognized compensation expense related to stock options which is expected to be recognized over a weighted average period of approximately 0.9 years. Restricted Stock Units (RSUs) and Restricted Stock Awards (RSAs) Aggregated information regarding RSU and RSA activity for the nine months ended October 31, 2020 is summarized below: RSAs & RSUs Weighted Average Outstanding at January 31, 2020 134,634 $ 16.79 Granted 245,131 7.61 Vested (59,747) 17.58 Forfeited (3,997) 16.40 Outstanding at October 31, 2020 316,021 $ 9.53 As of October 31, 2020, there was approximately $2.0 million of unrecognized compensation expense related to RSUs and RSAs which is expected to be recognized over a weighted average period of 0.9 years. Employee Stock Purchase Plan We have 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 nine

Income Taxes

Income Taxes	9 Months Ended
	Oct. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Note 14 – Income Taxes Our effective tax rates for the period are as follows: Three Months Nine Months Fiscal 2021 160.0 % 45.9 % Fiscal 2020 (118.2 )% 5.5 % We determine our estimated annual effective tax rate at the end of each interim period based on full-year forecasted pre-tax year-to-date pre-tax he During the three months ended October 31, 2020, we recognized an income tax benefit of approximately $32,000. The effective tax rate in this period was directly impacted by a significant decrease in forecasted operating results for our fiscal 2021 as compared to operating results forecasted at the end of our second quarter of fiscal 2021. During the three months ended November 2, 2019, we our . During the nine months ended October 31, 2020, we recognized an income tax expense of approximately $379,000. The effective tax rate in this period was directly impacted by 1) a significant decrease in forecasted operating results for our fiscal 2021 as compared to operating results forecasted at the end of our second quarter of fiscal 2021, 2) a $118,000 expense arising from shortfall tax expense related to our stock, 3) a $79,000 expense related to return to provision adjustments from foreign tax returns filed in the year and 4) a $78,000 tax benefit related to the expiration of the statute of limitations on previously uncertain tax positions. During the nine months ended November 2, 2019, we our 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 October 31, 2020, our cumulative unrecognized tax benefits totaled $319,000 compared to $362,000 as of January 31, 2020. Besides the expiration of the statute of limitations on a previously uncertain tax position, there were no other developments affecting unrecognized tax benefits during the quarter ended October 31, 2020.

Segment Information

Segment Information	9 Months Ended
	Oct. 31, 2020
Segment Reporting [Abstract]
Segment Information	Note 15 – Segment Information We report two segments: Product Identification (“PI”) and Test & Measurement (“T&M”). We evaluate segment performance based on the segment profit (loss) before corporate expenses. Summarized below are the Revenue and Segment Operating Profit for each reporting segment: Three Months Ended Nine Months Ended Revenue Segment Operating Profit Revenue Segment Operating Profit (In thousands) October 31, November 2, October 31, November 2, October 31, November 2, October 31, November 2, Product Identification $ 22,898 $ 21,749 $ 3,521 $ 1,880 $ 66,907 $ 67,484 $ 9,813 $ 6,990 T&M 5,119 11,569 (751) 1,397 19,688 35,483 (1,314) 5,533 Total $ 28,017 $ 33,318 2,770 3,277 $ 86,595 $ 102,967 8,499 12,523 Corporate Expenses 2,353 2,830 7,214 8,445 Operating Income 417 447 1,285 4,078 Other Expense, Net (437) (238) (459) (788) Income (Loss) Before Income Taxes (20) 209 826 3,290 Income Tax (Benefit) Provision (32) (247) 379 182 Net Income $ 12 $ 456 $ 447 $ 3,108

Fair Value

Fair Value	9 Months Ended
	Oct. 31, 2020
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 liabilities that are measured at fair value as of October 31, 2020 and January 31, 2020: Liabilities measured at fair value: Fair value measurement at Fair value measurement at (In thousands) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Cross-Currency Interest Rate Swap Contract (included in Other Long-Term Liabilities) $ — $ — $ — $ — $ — $ 250 $ — $ 250 Interest Rate Swap Contract (included in Other Long-Term Liabilities) — — — — — 96 — 96 Earnout Liability (included in Other Long-Term Liabilities) — — — — — — 14 14 Total Liabilities $ — $ — $ — $ — $ — $ 346 $ 14 $ 360 We use d were were over-the-counter were 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: October 31, 2020 Fair Value Measurement (In thousands) Level 1 Level 2 Level 3 Total Carrying Long-Term debt and related current maturities $ — $ — $ 13,637 $ 13,637 $ 13,628 January 31, 2019 Fair Value Measurement (In thousands) Level 1 Level 2 Level 3 Total Carrying Long-Term debt and related current maturities $ — $ — $ 13,258 $ 13,258 $ 13,034 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.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Oct. 31, 2020
Accounting Policies [Abstract]
Recent Accounting Pronouncements	Recently Adopted Accounting Pronouncements Fair Value Measurement In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2018-13, “Fair 2018-13 2018-13 Recent Accounting Standards Not Yet Adopted Reference Rate Reform In March 2020, the FASB issued ASU 2020-04, 2020-04 No other new accounting pronouncements, issued or effective during the nine 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)	9 Months Ended
	Oct. 31, 2020
Revenue from Contract with Customer [Abstract]
Summary of Revenues Disaggregated by Primary Geographic Markets and Major Product Type	Primary geographical markets: Three Months Ended Nine Months Ended (In thousands) October 31, 2020 November 2, 2019 October 31, 2020 November 2, 2019 United States $ 16,788 $ 21,831 $ 54,442 $ 64,471 Europe 7,081 7,059 20,845 22,408 Canada 1,273 1,441 4,154 4,346 Central and South America 1,233 1,019 3,101 3,232 Asia 1,209 1,396 3,050 7,063 Other 433 572 1,003 1,447 Total Revenue $ 28,017 $ 33,318 $ 86,595 $ 102,967 Major product types: Three Months Ended Nine Months Ended (In thousands) October 31, 2020 November 2, 2019 October 31, 2020 November 2, 2019 Hardware $ 7,667 $ 12,160 $ 25,021 $ 37,514 Supplies 17,996 17,655 54,254 55,463 Service and Other 2,354 3,503 7,320 9,990 Total Revenue $ 28,017 $ 33,318 $ 86,595 $ 102,967

Net Income Per Common Share (Ta

Net Income Per Common Share (Tables)	9 Months Ended
	Oct. 31, 2020
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 Nine Months Ended October 31, November 2, October 31, November 2, Weighted Average Common Shares Outstanding – Basic 7,120,286 7,046,803 7,099,505 7,012,595 Effect of Dilutive Options, Restricted Stock Awards and Restricted Stock Units 65,199 151,795 37,973 259,840 Weighted Average Common Shares Outstanding – Diluted 7,185,485 7,198,598 7,137,478 7,272,435

Intangible Assets (Tables)

Intangible Assets (Tables)	9 Months Ended
	Oct. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Fair Value of Acquired Identifiable Intangible Assets and Related Estimated Useful Lives	Intangible assets are as follows: October 31, 2020 January 31, 2020 (In thousands) Gross Accumulated Currency Net Gross Accumulated Currency Net Miltope: Customer Contract Relationships $ 3,100 $ (2,253 ) $ — $ 847 $ 3,100 $ (2,021 ) $ — $ 1,079 RITEC: Customer Contract Relationships 2,830 (1,316 ) — 1,514 2,830 (1,076 ) — 1,754 Non-Competition 950 (950 ) — — 950 (871 ) — 79 TrojanLabel: Existing Technology 2,327 (1,313 ) 147 1,161 2,327 (1,053 ) 78 1,352 Distributor Relations 937 (370 ) 63 630 937 (297 ) 27 667 Honeywell: Customer Contract Relationships 27,243 (8,982 ) — 18,261 27,243 (6,791 ) — 20,452 Intangible Assets, net $ 37,387 $ (15,184 ) $ 210 $ 22,413 $ 37,387 $ (12,109 ) $ 105 $ 25,383
Summary of Estimated Amortization Expense	Estimated amortization expense for the next five fiscal years is as follows: (In thousands) Remaining 2022 2023 2024 2025 Estimated amortization expense $ 999 $ 3,979 $ 3,972 $ 3,975 $ 3,395

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Oct. 31, 2020
Inventory Disclosure [Abstract]
Components of Inventories	The components of inventories are as follows: (In thousands) October 31, 2020 January 31, 2020 Materials and Supplies $ 21,058 $ 20,151 Work-In-Process 1,631 1,408 Finished Goods 16,464 17,992 39,153 39,551 Inventory Reserve (8,285 ) (5,626 ) $ 30,868 $ 33,925

Credit Agreement and Debt (Tabl

Credit Agreement and Debt (Tables)	9 Months Ended
	Oct. 31, 2020
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) October 31, 2020 January 31, 2020 USD Term Loan (3.80% as of October 31, 2020); maturity date of June 15, 2022) $ 13,628 $ — USD Term Loan (3.03% as of January 31, 2020) — 8,250 USD Term Loan (3.03% as of January 31, 2020) — 4,784 $ 13,628 $ 13,034 Debt Issuance Costs, net of accumulated amortization (156 ) (111 ) Current Portion of Term Loans (4,984 ) (5,208 ) Long-Term Debt $ 8,488 $ 7,715
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 October 31, 2020 is as follows: (In thousands) Fiscal 2021, remainder $ 1,052 Fiscal 2022 5,326 Fiscal 2023 7,250 $ 13,628

Derivative Financial Instrume_2

Derivative Financial Instruments and Risk Management (Tables)	9 Months Ended
	Oct. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Summarizes the Notional Amount and Fair Value of the Derivative Instrument	The following table summarizes the notional amount and fair value of our derivative instruments: October 31, 2020 January 31, 2020 Cash Flow Hedges (In thousands) Fair Value Derivatives Fair Value Derivatives Notional Amount Asset Liability Notional Amount Asset Liability Cross-currency Interest Rate Swap $ — $ — $ — $ 4,489 $ — $ 250 Interest Rate Swap $ — $ — $ — $ 8,250 $ — $ 96
Schedule of Impact of the Derivative Instruments in the Condensed Consolidated Financial Statements	The following table presents the impact of our derivative instruments in our condensed consolidated financial statements for the three and nine months ended October 31, 2020 and November 2, 2019: Three Months Ended Amount of Gain (Loss) Location of Amount of Gain (Loss) Cash Flow Hedge (In thousands) October 31, November 2, October 31, November 2, Swap contracts $ 20 $ 80 Other expense $ — $ (3) Nine Months Ended Amount of Gain (Loss) Location of Amount of Gain (Loss) Cash Flow Hedge (In thousands) October 31, November 2, October 31, November 2, Swap contracts $ (320) $ 82 Other expense $ (248) $ 259

Leases (Tables)

Leases (Tables)	9 Months Ended
	Oct. 31, 2020
Leases [Abstract]
Schedule Of Balance Sheet And Other Information Related To Operating Leases	Balance sheet and other information related to our leas es Operating Leases (In thousands) Balance Sheet Classification October 31, January 31, Lease Assets Right of Use Assets $ 1,436 $ 1,661 Lease Liabilities – Current Other Liabilities and Accrued Expenses 376 416 Lease Liabilities – Long Term Lease Liabilities 1,105 1,279
Schedule Lease Cost Information	Lease cost information is as follows: Three Months Ended Nine Months Ended Operating Leases (In thousands) Statement of Income Classification October 31, November 2, October 31, November 2, Operating Lease Costs General and Administrative Expense $ 120 $ 119 $ 362 $ 329
Schedule of Maturities Of Lease Liabilities	Maturities of operating lease liabilities are as follows: (In thousands) October 31, 2021 , remaining $ 106 2022 361 2023 310 2024 283 2025 177 Thereafter 415 Total Lease Payments 1,652 Less: Imputed Interest (171) Total Lease Liabilities $ 1,481
Supplemental Cash Flow Information Related To Leases	Supplemental cash flow information related to leases is as follows: Three Months Ended Nine Months Ended (In thousands) October 31, November 2, October 31, November 2, Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 102 $ 108 $ 333 $ 306

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Oct. 31, 2020
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 Cash Total Balance at January 31, 2020 $ (985) $ (108) $ (1,093) Other Comprehensive Loss before reclassification 53 (255) (202) Amounts reclassified from AOCL to Earnings — 193 193 Cross-Currency Interest Rate Swap Termination — 45 45 Other Comprehensive Income (Loss) 53 (17) 36 Balance at October 31, 2020 $ (932) $ (125) $ (1,057)

Share-Based Compensation (Table

Share-Based Compensation (Tables)	9 Months Ended
	Oct. 31, 2020
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation Expense	Share-based compensation expense was recognized as follows: Three Months Ended Nine Months Ended (In thousands) October 31, November 2, October 31, November 2, Stock Options $ 126 $ 148 $ 390 $ 487 Restricted Stock Awards and Restricted Stock Units 462 371 1,284 1,074 Employee Stock Purchase Plan 3 6 13 15 Total $ 591 $ 525 $ 1,687 $ 1,576
Aggregated Information Regarding Stock Option Activity	Aggregated information regarding stock option activity for the nine months ended October 31, 2020 is summarized below: Number of Weighted Average Outstanding at January 31, 2020 679,044 $ 14.46 Granted — — Exercised (800) 7.36 Forfeited (54,261) 12.89 Canceled (1,400) 7.36 Outstanding at October 31, 2020 622,583 $ 14.62
Summary of Options Outstanding	Set forth below is a summary of options outstanding at October 31, 2020: Outstanding Exercisable Range of Exercise prices Number Weighted- Weighted- Number Weighted- Weighted $5.00-10.00 41,444 $ 7.97 1.6 41,444 $ 7.97 1.6 $10.01-15.00 359,414 $ 13.63 5.1 314,241 $ 13.65 4.9 $15.01-20.00 221,725 $ 17.48 7.1 167,367 $ 17.22 7.0 622,583 $ 14.62 5.6 523,052 $ 14.34 5.3
Aggregated Information Regarding RSU, PSU and RSA Activity	Aggregated information regarding RSU and RSA activity for the nine months ended October 31, 2020 is summarized below: RSAs & RSUs Weighted Average Outstanding at January 31, 2020 134,634 $ 16.79 Granted 245,131 7.61 Vested (59,747) 17.58 Forfeited (3,997) 16.40 Outstanding at October 31, 2020 316,021 $ 9.53

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Oct. 31, 2020
Income Tax Disclosure [Abstract]
Projected Effective Tax Rate for Periods	Our effective tax rates for the period are as follows: Three Months Nine Months Fiscal 2021 160.0 % 45.9 % Fiscal 2020 (118.2 )% 5.5 %

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Oct. 31, 2020
Segment Reporting [Abstract]
Net Sales and Segment Operating Profit (Loss) for Each Reporting Segment	Summarized below are the Revenue and Segment Operating Profit for each reporting segment: Three Months Ended Nine Months Ended Revenue Segment Operating Profit Revenue Segment Operating Profit (In thousands) October 31, November 2, October 31, November 2, October 31, November 2, October 31, November 2, Product Identification $ 22,898 $ 21,749 $ 3,521 $ 1,880 $ 66,907 $ 67,484 $ 9,813 $ 6,990 T&M 5,119 11,569 (751) 1,397 19,688 35,483 (1,314) 5,533 Total $ 28,017 $ 33,318 2,770 3,277 $ 86,595 $ 102,967 8,499 12,523 Corporate Expenses 2,353 2,830 7,214 8,445 Operating Income 417 447 1,285 4,078 Other Expense, Net (437) (238) (459) (788) Income (Loss) Before Income Taxes (20) 209 826 3,290 Income Tax (Benefit) Provision (32) (247) 379 182 Net Income $ 12 $ 456 $ 447 $ 3,108

Fair Value (Tables)

Fair Value (Tables)	9 Months Ended
	Oct. 31, 2020
Fair Value Disclosures [Abstract]
Summary of Financial Assets and Liabilities Measured at Fair Value	The following tables provide a summary of the financial liabilities that are measured at fair value as of October 31, 2020 and January 31, 2020: Liabilities measured at fair value: Fair value measurement at Fair value measurement at (In thousands) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Cross-Currency Interest Rate Swap Contract (included in Other Long-Term Liabilities) $ — $ — $ — $ — $ — $ 250 $ — $ 250 Interest Rate Swap Contract (included in Other Long-Term Liabilities) — — — — — 96 — 96 Earnout Liability (included in Other Long-Term Liabilities) — — — — — — 14 14 Total Liabilities $ — $ — $ — $ — $ — $ 346 $ 14 $ 360
Schedule of Company's Long-Term Debt Including the Current Portion Not Reflected in Financial Statements 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: October 31, 2020 Fair Value Measurement (In thousands) Level 1 Level 2 Level 3 Total Carrying Long-Term debt and related current maturities $ — $ — $ 13,637 $ 13,637 $ 13,628 January 31, 2019 Fair Value Measurement (In thousands) Level 1 Level 2 Level 3 Total Carrying Long-Term debt and related current maturities $ — $ — $ 13,258 $ 13,258 $ 13,034

Business and Basis of Present_2

Business and Basis of Presentation - Additional Information (Detail)	9 Months Ended
	Oct. 31, 2020Segment
Number of Operating Segments	2

Revenue Recognition - Summary o

Revenue Recognition - Summary of Revenues Disaggregated by Primary Geographic Markets (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Disaggregation of Revenue [Line Items]
Total Revenue	$ 28,017	$ 33,318	$ 86,595	$ 102,967
United States [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	16,788	21,831	54,442	64,471
Europe [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	7,081	7,059	20,845	22,408
Canada [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	1,273	1,441	4,154	4,346
Central and South America [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	1,233	1,019	3,101	3,232
Asia [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	1,209	1,396	3,050	7,063
Other [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	$ 433	$ 572	$ 1,003	$ 1,447

Revenue Recognition - Summary_2

Revenue Recognition - Summary of Revenues Disaggregated by Primary Product Type (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Disaggregation of Revenue [Line Items]
Total Revenue	$ 28,017	$ 33,318	$ 86,595	$ 102,967
Hardware [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	7,667	12,160	25,021	37,514
Supplies [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	17,996	17,655	54,254	55,463
Service and Other [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	$ 2,354	$ 3,503	$ 7,320	$ 9,990

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Detail) - USD ($)	9 Months Ended
	Oct. 31, 2020	Jan. 31, 2020
Disaggregation of Revenue [Abstract]
Contract liabilities and extended warranties	$ 313,000	$ 466,000
Revenue recognized	466,000
Contract assets balance	841,000	$ 944,000
Amortization of incremental direct costs	44,000
Deferred incremental direct contract costs reported in other current assets	59,000
Deferred incremental direct costs net of accumulated amortization	$ 900,000
Capitalized Contract Costs Benefitial Term	6 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		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Weighted Average Common Shares Outstanding – Basic	7,120,286	7,046,803	7,099,505	7,012,595
Effect of Dilutive Options, Restricted Stock Awards and Restricted Stock Units	65,199	151,795	37,973	259,840
Weighted Average Common Shares Outstanding – Diluted	7,185,485	7,198,598	7,137,478	7,272,435

Net Income Per Common Share - A

Net Income Per Common Share - Additional Information (Detail) - shares	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Number of common equivalent shares	689,157	238,477	892,868	206,592

Intangible Assets - Fair Value

Intangible Assets - Fair Value of Acquired Identifiable Intangible Assets and Related Estimated Useful Lives (Detail) - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 37,387	$ 37,387
Accumulated Amortization	(15,184)	(12,109)
Currency Translation Adjustment	210	105
Net Carrying Amount	22,413	25,383
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	(8,982)	(6,791)
Net Carrying Amount	18,261	20,452
Customer Contract Relationships [Member] | Miltope [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	3,100	3,100
Accumulated Amortization	(2,253)	(2,021)
Net Carrying Amount	847	1,079
Customer Contract Relationships [Member] | RITEC [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,830	2,830
Accumulated Amortization	(1,316)	(1,076)
Net Carrying Amount	1,514	1,754
Non-Competition Agreement [Member] | RITEC [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	950	950
Accumulated Amortization	(950)	(871)
Net Carrying Amount		79
Existing Technology [Member] | TrojanLabel ApS [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,327	2,327
Accumulated Amortization	(1,313)	(1,053)
Currency Translation Adjustment	147	78
Net Carrying Amount	1,161	1,352
Distributor Relations [Member] | TrojanLabel ApS [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	937	937
Accumulated Amortization	(370)	(297)
Currency Translation Adjustment	63	27
Net Carrying Amount	$ 630	$ 667

Intangible Assets - Additional

Intangible Assets - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Impairment of Intangible Assets (Excluding Goodwill) [Abstract]
Impairments of intangible assets			$ 0	$ 0
Amortization expense	$ 1,000,000	$ 1,100,000	$ 3,100,000	$ 3,200,000

Intangible Assets - Summary of

Intangible Assets - Summary of Estimated Amortization Expense (Detail) $ in Thousands	Oct. 31, 2020USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2021	$ 999
2022	3,979
2023	3,972
2024	3,975
2025	$ 3,395

Inventories - Components of Inv

Inventories - Components of Inventories (Detail) - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020
Inventory Disclosure [Abstract]
Materials and Supplies	$ 21,058	$ 20,151
Work-In-Process	1,631	1,408
Finished Goods	16,464	17,992
Inventory, Gross	39,153	39,551
Inventory Reserve	(8,285)	(5,626)
Inventories	$ 30,868	$ 33,925

Credit Agreement and Debt - Add

Credit Agreement and Debt - Additional information (Detail) - USD ($)

Jul. 30, 2020

Apr. 30, 2022

Jan. 31, 2022

Oct. 31, 2021

Jul. 31, 2021

Apr. 30, 2021

Jan. 31, 2021

Oct. 31, 2020

Nov. 02, 2019

Oct. 31, 2020

Nov. 02, 2019

Feb. 28, 2017

Debt Instrument [Line Items]

Interest Expense

$ 159,000

$ 101,000

$ 312,000

$ 285,000

Term Loan [Member]

Debt Instrument [Line Items]

Payments for debt issuance costs

200,000

200,000

Capilaized finance costs

100,000

100,000

Debt related expenses

$ 100,000

$ 100,000

Principal payment terms

the principal amount of the quarterly installment required to be paid on the last day of our fiscal quarter ending January 31, 2021 is $1.1 million; the principal amount of the quarterly installment required to be paid on the last day of the our fiscal quarter ending April 30, 2021 is $1.1 million; the principal amount of each quarterly installment required to be paid on the last day of each of the our fiscal quarters ending July 31, 2021, October 31, 2021, January 31, 2022 and April 30, 2022 is $1.4 million, and the entire remaining principal balance of the term loan is required to be paid on June 15, 2022.

Longterm Debt instrument, maturity date

Jun. 15, 2022

Jun. 15, 2022

Debt Instrument, Frequency of Periodic Payment

quarterly installment

Debt Instrument, principal Periodic payment

$ 800,000

$ 800,000

Term Loan [Member] | Forecast [Member]

Debt Instrument [Line Items]

Debt Instrument, principal Periodic payment

$ 1,400,000

$ 1,400,000

$ 1,400,000

$ 1,400,000

$ 1,100,000

$ 1,100,000

Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Fees related to the revolving line of credit

$ 100,000

Unamortized debt issuance cost

$ 100,000

$ 100,000

Variable interest rate

1.00

Revolving Credit Facility [Member] | Maximum [Member]

Debt Instrument [Line Items]

Percentage added to variable rate

2.65%

Commitment fee rate

0.675%

Revolving Credit Facility [Member] | Minimum [Member]

Debt Instrument [Line Items]

Percentage added to variable rate

1.15%

Commitment fee rate

0.25%

Revolving Credit Facility [Member] | LIBOR [Member]

Debt Instrument [Line Items]

Interest rate

1.00%

Revolving Credit Facility [Member] | LIBOR [Member] | Maximum [Member]

Debt Instrument [Line Items]

Interest rate

3.65%

Revolving Credit Facility [Member] | LIBOR [Member] | Minimum [Member]

Debt Instrument [Line Items]

Interest rate

2.15%

Revolving Credit Facility [Member] | Federal Funds Effective Swap Rate [Member]

Debt Instrument [Line Items]

Interest rate

0.50%

Bank of America, N.A. [Member]

Debt Instrument [Line Items]

Term loans repaid

$ 1,500,000

Bank of America, N.A. [Member] | Term Loan [Member]

Debt Instrument [Line Items]

Term loan, principal amount

$ 15,200,000

Bank of America, N.A. [Member] | Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Maximum borrowing capacity

$ 10,000,000

Revolving line of credit, Outstanding loan amount weighted average interest rate

3.41%

3.41%

Credit facility, remaining borrowing capacity

$ 10,000,000

$ 10,000,000

Bank of America, N.A. [Member] | Revolving Credit Facility [Member] | Other Expense [Member]

Debt Instrument [Line Items]

Revolving line of credit, Interest expenses incurred

$ 35,000

$ 188,000

Credit Agreement and Debt - Sch

Credit Agreement and Debt - Schedule of Long Term Debt in the Accompanying Condensed Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020
Debt Instrument [Line Items]
USD Term Loan	$ 13,628	$ 13,034
Debt Issuance Costs, net of accumulated amortization	(156)	(111)
Current Portion of Term Loans	(4,984)	(5,208)
Long-Term Debt	8,488	7,715
Term Loan Due June 15, 2022 [Member]
Debt Instrument [Line Items]
USD Term Loan	$ 13,628
Term Loan Due January 31, 2020 [Member]
Debt Instrument [Line Items]
USD Term Loan		8,250
Term Loan Due January 31, 2020 One [Member]
Debt Instrument [Line Items]
USD Term Loan		$ 4,784

Credit Agreement and Debt - S_2

Credit Agreement and Debt - Schedule of Long Term Debt in the Accompanying Condensed Consolidated Balance Sheets (Parenthetical) (Detail)	9 Months Ended
	Oct. 31, 2020	Jan. 31, 2020
Term Loan Due June 15, 2022 [Member]
Debt Instrument [Line Items]
Debt instrument, description of variable rate basis	3.80% as of October 31, 2020); maturity date of June 15, 2022)
Interest rate	3.80%
Debt instrument, maturity date	Jun. 15, 2022
Term Loan Due January 31, 2020 [Member]
Debt Instrument [Line Items]
Interest rate		3.03%
Term Loan Due January 31, 2020 One [Member]
Debt Instrument [Line Items]
Interest rate		3.03%

Credit Agreement and Debt - S_3

Credit Agreement and Debt - Schedule of Required Principal Payments Remaining on Long Term Debt Outstanding (Detail) - Term Loan [Member] $ in Thousands	Oct. 31, 2020USD ($)
Debt Instrument [Line Items]
Fiscal 2021, remainder	$ 1,052
Fiscal 2022	5,326
Fiscal 2023	7,250
Long-term Debt	$ 13,628

Paycheck Protection Program L_2

Paycheck Protection Program Loan - Additional information (Detail) - Paycheck Protection Program Loan [Member] - USD ($)	9 Months Ended
	Oct. 31, 2020	May 06, 2020
Percent of loan to be forgiven	40.00%
Green wood Credit Union [Member]
Debt instrument face amount		$ 4,400,000
Loan, payment terms	The PPP Loan, which will mature on May 6, 2022, is unsecured and bears interest at a rate of 1.0% per annum, accruing from the loan date, and is payable monthly.
Loan, maturity date	May 6, 2022
Loan, interest rate	1.00%
Loan, payments due	$ 0
Green wood Credit Union [Member] | Other Expense [Member]
Loan, interest accrued	$ 22,000

Derivative Financial Instrume_3

Derivative Financial Instruments and Risk Management - Schedule of Impact of the Derivative Instruments in the Condensed Consolidated Financial Statements (Detail) - Cash Flow Hedge [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019	Jan. 31, 2020
Cross Currency Interest Rate Contract [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain Recognized in OCI on Derivative		$ 80	$ (320)	$ 82
Location of Gain Reclassified from Accumulated OCI into Income (Expense)			Other expense
Amount of Gain Reclassified from Accumulated OCI into Income (Expense)		$ (3)	$ (248)	$ 259
Cross Currency Interest Rate Swap [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount					$ 4,489
Fair Value Derivatives, Liability					250
Interest Rate Swap [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount					8,250
Fair Value Derivatives, Liability					$ 96
Amount of Gain Recognized in OCI on Derivative	$ 20
Location of Gain Reclassified from Accumulated OCI into Income (Expense)	Other expense

Derivative Financial Instrume_4

Derivative Financial Instruments and Risk Management - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Aug. 01, 2020	Oct. 31, 2020
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Interest Rate Swap Termination			$ 45,000
Cash Flow Hedging [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cash paid termination of swaps		$ 700,000
Cross Currency Interest Rate Contract [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of gain reclassify from Accumulated OCI into loss during next 12 months			$ (100,000)
Interest Rate Swap Termination	$ 200,000
Cross Currency Interest Rate Contract [Member] | Cash Flow Hedging [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain Reclassified from Accumulated OCI into Income (Expense)	$ 58,000

Royalty Obligation - Additional

Royalty Obligation - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019	Jan. 31, 2020	Jan. 31, 2018
Guaranteed Minimum Royalty Payment			$ 5,000
Royalty Obligation, Current	$ 2,000		2,000		$ 2,000
Royalty Obligation Non Current	6,624		6,624		8,012
Accrued Royalties, Current, Excess Royalty Payment Due	147		$ 147		$ 773
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		$ 2,000
Royalty Obligation Non Current	6,600		6,600
Excess Royalty Payments	$ 0	$ 100	$ 0	$ 800

Leases - Additional Information

Leases - Additional Information (Detail)	9 Months Ended
	Oct. 31, 2020
Lessee, Operating Lease, Option to Extend	options to extend the lease term for periods of up to five years
Operating Lease, Weighted Average Remaining Lease Term	5 years 3 months 18 days
Operating Lease, Weighted Average Discount Rate, Percent	4.00%
Maximum [Member]
Operating Lease Remaining Lease Term	8 years
Minimum [Member]
Operating Lease Remaining Lease Term	1 year

Leases - Schedule Of Balance Sh

Leases - Schedule Of Balance Sheet And Other Information Related To Operating Leases (Detail) - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020
Operating Leases [Abstract]
Right of Use Assets	$ 1,436	$ 1,661
Other Liabilities and Accrued Expenses	376	416
Lease Liabilities	$ 1,105	$ 1,279

Leases - Lease Cost Information

Leases - Lease Cost Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
General and Administrative Expense [Member]
Operating Lease Costs	$ 120	$ 119	$ 362	$ 329

Leases - Maturities of lease li

Leases - Maturities of lease liabilities (Detail) $ in Thousands	Oct. 31, 2020USD ($)
Leases [Abstract]
2021, remaining	$ 106
2022	361
2023	310
2024	283
2025	177
Thereafter	415
Total Lease Payments	1,652
Less: Imputed Interest	(171)
Total Lease Liabilities	$ 1,481

Leases - Supplemental cash flow

Leases - Supplemental cash flow information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Cash paid for amounts included in the measurement of lease liabilities [Abstract]
Operating cash flows for operating leases	$ 102	$ 108	$ 333	$ 306

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Changes in Balance of Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Oct. 31, 2020	Aug. 01, 2020	May 02, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Oct. 31, 2020	Nov. 02, 2019
Schedule of Capitalization, Equity [Line Items]
Beginning Balance	$ 72,557	$ 71,562	$ 71,375	$ 72,088	$ 71,614	$ 69,775	$ 71,375	$ 69,775
Other Comprehensive Income (Loss)	(142)	399	(221)	152	(257)	(200)	36	(305)
Ending Balance	73,038	72,557	71,562	72,953	72,088	71,614	73,038	72,953
Foreign Currency Translation Adjustments [Member]
Schedule of Capitalization, Equity [Line Items]
Beginning Balance			(985)				(985)
Other Comprehensive Loss before reclassification							53
Other Comprehensive Income (Loss)							53
Ending Balance	(932)						(932)
Net Unrealized Gain/(Loss) on Cash Flow Hedges [Member]
Schedule of Capitalization, Equity [Line Items]
Beginning Balance			(108)				(108)
Other Comprehensive Loss before reclassification							(255)
Amounts reclassified from AOCL to Earnings							193
Cross-Currency Interest Rate Swap Termination							45
Other Comprehensive Income (Loss)							(17)
Ending Balance	(125)						(125)
Accumulated Other Comprehensive Income (Loss) [Member]
Schedule of Capitalization, Equity [Line Items]
Beginning Balance	(915)	(1,314)	(1,093)	(1,275)	(1,018)	(818)	(1,093)	(818)
Other Comprehensive Loss before reclassification							(202)
Amounts reclassified from AOCL to Earnings							193
Cross-Currency Interest Rate Swap Termination							45
Other Comprehensive Income (Loss)	(142)	399	(221)	152	(257)	(200)	36
Ending Balance	$ (1,057)	$ (915)	$ (1,314)	$ (1,123)	$ (1,275)	$ (1,018)	$ (1,057)	$ (1,123)

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019	Jan. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares outstanding	622,583		622,583		679,044
Reservation of shares under Stock Purchase Plan			247,500
Restricted Stock or Unit Expense	$ 462,000	$ 371,000	$ 1,284,000	$ 1,074,000
2015 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares outstanding	14,583		14,583
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			12,098	5,441
Shares available for grant under the Plan	12,877		12,877
2007 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares outstanding	338,458		338,458
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
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options granted			0	0
Unrecognized compensation expense related to options	$ 400,000		$ 400,000
Unrecognized compensation expense to be recognized, Weighted average period			10 months 24 days
2014 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			10 months 24 days
Unrecognized compensation expense related to RSUs and RSAs	$ 2,000,000		$ 2,000,000
RSA [Member] | 2015 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares outstanding	148,625		148,625
RSA [Member] | 2018 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options granted			301,438
Restricted Stock Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock or Unit Expense			$ 60,000

Share-Based Compensation - Shar

Share-Based Compensation - Share-Based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Share-based Compensation [Abstract]
Stock Options	$ 126	$ 148	$ 390	$ 487
Restricted Stock Awards and Restricted Stock Units	462	371	1,284	1,074
Employee Stock Purchase Plan	3	6	13	15
Total	$ 591	$ 525	$ 1,687	$ 1,576

Share-Based Compensation - Aggr

Share-Based Compensation - Aggregated Information Regarding Stock Option Activity (Detail)	9 Months Ended
	Oct. 31, 2020$ / sharesshares
Share-based Compensation [Abstract]
Beginning balance, Number of Options | shares	679,044
Exercised, Number of Options | shares	(800)
Forfeited, Number of Options | shares	(54,261)
Canceled, Number of Options | shares	(1,400)
Ending balance, Number of Options | shares	622,583
Beginning balance, Weighted-Average Exercise Price | $ / shares	$ 14.46
Exercised, Weighted-Average Exercise Price | $ / shares	7.36
Forfeited, Weighted-Average Exercise Price | $ / shares	12.89
Cancelled, Weighted-Average Exercise Price Per Share | $ / shares	7.36
Ending balance, Weighted-Average Exercise Price | $ / shares	$ 14.62

Share-Based Compensation - Summ

Share-Based Compensation - Summary of Options Outstanding (Detail) - $ / shares	9 Months Ended
	Oct. 31, 2020	Jan. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares outstanding, total	622,583	679,044
Outstanding, Weighted Average Exercise Price	$ 14.62
Exercisable, Weighted Average Exercise Price	$ 14.34
Outstanding Remaining Contractual Life	5 years 7 months 6 days
Number of shares exercisable, total	523,052
Exercisable Remaining Contractual Life	5 years 3 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	41,444
Outstanding, Weighted Average Exercise Price	$ 7.97
Exercisable, Weighted Average Exercise Price	$ 7.97
Outstanding Remaining Contractual Life	1 year 7 months 6 days
Exercisable, Number of shares	41,444
Exercisable Remaining Contractual Life	1 year 7 months 6 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	359,414
Outstanding, Weighted Average Exercise Price	$ 13.63
Exercisable, Weighted Average Exercise Price	$ 13.65
Outstanding Remaining Contractual Life	5 years 1 month 6 days
Exercisable, Number of shares	314,241
Exercisable Remaining Contractual Life	4 years 10 months 24 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	221,725
Outstanding, Weighted Average Exercise Price	$ 17.48
Exercisable, Weighted Average Exercise Price	$ 17.22
Outstanding Remaining Contractual Life	7 years 1 month 6 days
Exercisable, Number of shares	167,367
Exercisable Remaining Contractual Life	7 years

Share-Based Compensation - Ag_2

Share-Based Compensation - Aggregated Information Regarding RSU and RSA Activity (Detail) - Restricted Stock Units And Restricted Stock Awards [Member]	9 Months Ended
	Oct. 31, 2020$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning balance, Outstanding Restricted Stock Units and Restricted Stock Awards | shares	134,634
Granted, Restricted Stock Units and Restricted Stock Awards | shares	245,131
Vested, Restricted Stock Units and Restricted Stock Awards | shares	(59,747)
Forfeited, Restricted Stock Units and Restricted Stock Awards | shares	(3,997)
Ending balance, Outstanding Restricted Stock Units and Restricted Stock Awards | shares	316,021
Beginning balance, Weighted Average Grant Date Fair Value | $ / shares	$ 16.79
Granted, Weighted Average Grant Date Fair Value | $ / shares	7.61
Vested, Weighted Average Grant Date Fair Value | $ / shares	17.58
Forfeited, Weighted Average Grant Date Fair Value | $ / shares	16.40
Ending balance, Weighted Average Grant Date Fair Value | $ / shares	$ 9.53

Income Taxes - Projected Effect

Income Taxes - Projected Effective Tax Rate for Periods (Detail)	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Income Tax Disclosure [Abstract]
Effective tax rates for income from continuing operations	160.00%	(118.20%)	45.90%	5.50%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended			9 Months Ended
	Oct. 31, 2020	Nov. 03, 2019	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019	Jan. 31, 2020
Income Tax Disclosure [Abstract]
Income tax expense (benefit)	$ (32,000)	$ (247,000)	$ (247,000)	$ 379,000	$ 182,000
Tax expense resulting from shortfall			18,000	118,000	251,000
Expiration of the statue of limitations on previously uncertain tax positions				78,000
Cumulative unrecognized tax benefits	$ 319,000			319,000		$ 362,000
Changes to unrecognized tax benefits				0
Provision Adjustment from several foreign tax				$ 79,000
Tax benefit related to the reversal of previously uncertain tax positions			$ 306,000		$ 359,000

Segment Information - Net Sales

Segment Information - Net Sales and Segment Operating Profit (Loss) for Each Reporting Segment (Detail) - USD ($) $ in Thousands	3 Months Ended							9 Months Ended
	Oct. 31, 2020	Aug. 01, 2020	May 02, 2020	Nov. 03, 2019	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Oct. 31, 2020	Nov. 02, 2019
Segment Reporting Information [Line Items]
Revenue	$ 28,017				$ 33,318			$ 86,595	$ 102,967
Corporate Expenses	2,353				2,830			7,214	8,445
Operating Income	417				447			1,285	4,078
Other Expense, Net	(437)				(238)			(459)	(788)
Income (Loss) Before Income Taxes	(20)				209			826	3,290
Income Tax (Benefit) Provision	(32)			$ (247)	(247)			379	182
Net Income	12	$ 3	$ 432		456	$ 951	$ 1,700	447	3,108
Product Identification [Member]
Segment Reporting Information [Line Items]
Revenue	22,898				21,749			66,907	67,484
T&M [Member]
Segment Reporting Information [Line Items]
Revenue	5,119				11,569			19,688	35,483
Operating Segments [Member]
Segment Reporting Information [Line Items]
Operating Income	2,770				3,277			8,499	12,523
Operating Segments [Member] | Product Identification [Member]
Segment Reporting Information [Line Items]
Operating Income	3,521				1,880			9,813	6,990
Operating Segments [Member] | T&M [Member]
Segment Reporting Information [Line Items]
Operating Income	(751)				1,397			(1,314)	5,533
Corporate Expenses [Member]
Segment Reporting Information [Line Items]
Corporate Expenses	$ 2,353				$ 2,830			$ 7,214	$ 8,445

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	Oct. 31, 2020	Jan. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cross-Currency Interest Rate Swap Contract (included in Other Long-Term Liabilities)		$ 250
Interest Rate Swap Contract (included in Other Long-Term Liabilities)		96
Earnout Liability (included in Other Long-Term Liabilities)		14
Total Liabilities		360
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cross-Currency Interest Rate Swap Contract (included in Other Long-Term Liabilities)
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cross-Currency Interest Rate Swap Contract (included in Other Long-Term Liabilities)		250
Interest Rate Swap Contract (included in Other Long-Term Liabilities)		96
Total Liabilities		346
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
Total Liabilities		$ 14

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	Oct. 31, 2020	Jan. 31, 2019
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-Term Debt and related current maturities	$ 13,637	$ 13,258
Fair Value [Member] | Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-Term Debt and related current maturities	13,637	13,258
Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-Term Debt and related current maturities	$ 13,628	$ 13,034