Perma-Pipe International (PPIH) 10-Q 7 Sep 22 2023 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jul. 31, 2022	Sep. 02, 2022
Document Information [Line Items]
Entity Central Index Key	0000914122
Entity Registrant Name	Perma-Pipe International Holdings, Inc.
Amendment Flag	false
Current Fiscal Year End Date	--01-31
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jul. 31, 2022
Document Transition Report	false
Entity File Number	001-32530
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	36-3922969
Entity Address, Address Line One	24900 Pitkin Road, Suite 309
Entity Address, City or Town	Spring
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77386
City Area Code	847
Local Phone Number	966-1000
Title of 12(b) Security	Common Stock, $.01 par value per share
Trading Symbol	PPIH
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		8,003,402

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Net sales	$ 37,003	$ 39,804	$ 68,225	$ 64,227
Cost of sales	27,117	29,061	51,290	48,979
Gross profit	9,886	10,743	16,935	15,248
Operating expenses
General and administrative expenses	5,246	5,602	10,897	10,008
Selling expenses	1,315	1,053	2,554	2,094
Total operating expenses	6,561	6,655	13,451	12,102
Income from operations	3,325	4,088	3,484	3,146
Interest expense, net	500	268	867	446
Other (expense)/income	(64)	457	(14)	899
Income from operations before income taxes	2,761	4,277	2,603	3,599
Income tax expense	893	861	1,620	1,026
Net income	$ 1,868	$ 3,416	$ 983	$ 2,573
Weighted average common shares outstanding
Basic (in shares)	7,975	8,151	7,947	8,158
Diluted (in shares)	8,186	8,321	8,062	8,290
Earnings per share
Basic (in dollars per share)	$ 0.23	$ 0.42	$ 0.12	$ 0.32
Diluted (in dollars per share)	$ 0.23	$ 0.41	$ 0.12	$ 0.31

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income / (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Net income	$ 1,868	$ 3,416	$ 983	$ 2,573
Other comprehensive loss
Foreign currency translation adjustments, net of tax	(455)	(150)	(1,387)	(110)
Other comprehensive loss	(455)	(150)	(1,387)	(110)
Comprehensive income/(loss)	$ 1,413	$ 3,266	$ (404)	$ 2,463

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jul. 31, 2022	Jan. 31, 2022
Current assets
Cash and cash equivalents	$ 6,192	$ 8,214
Restricted cash	1,501	1,557
Trade accounts receivable, less allowance for doubtful accounts of $500 at July 31, 2022 and $486 at January 31, 2022	47,749	44,449
Inventories, net	16,348	13,760
Prepaid expenses and other current assets	5,801	5,444
Unbilled accounts receivable	8,023	2,656
Costs and estimated earnings in excess of billings on uncompleted contracts	5,946	2,309
Total current assets	91,560	78,389
Long-term assets
Property, plant and equipment, net of accumulated depreciation	24,385	24,756
Operating lease right-of-use asset	7,176	11,213
Deferred tax assets	797	811
Goodwill	2,328	2,342
Other long-term assets	4,336	5,890
Total long-term assets	39,022	45,012
Total assets	130,582	123,401
Current liabilities
Trade accounts payable	14,498	13,618
Accrued compensation and payroll taxes	1,698	1,612
Commissions and management incentives payable	1,180	2,047
Revolving line - North America	8,632	634
Current maturities of long-term debt	9,421	6,750
Customers' deposits	3,671	3,072
Outside commission liability	2,425	1,255
Operating lease liability short-term	1,316	1,496
Other accrued liabilities	4,584	4,616
Billings in excess of costs and estimated earnings on uncompleted contracts	1,467	1,277
Income taxes payable	1,391	2,020
Total current liabilities	50,283	38,397
Long-term liabilities
Long-term debt, less current maturities	4,734	5,059
Long-term finance obligation	9,271	9,327
Deferred compensation liabilities	3,431	3,379
Deferred tax liabilities	907	712
Operating lease liability long-term	6,775	11,270
Other long-term liabilities	882	800
Total long-term liabilities	26,000	30,547
Stockholders' equity
Common stock, $.01 par value, authorized 50,000 shares; 8,003 issued and outstanding at July 31, 2022 and 8,152 issued and outstanding at January 31, 2022	80	82
Additional paid-in capital	62,055	61,766
Treasury Stock, no shares at July 31, 2022 and 234 shares at January 31, 2022	0	(1,992)
Accumulated deficit	(3,345)	(2,295)
Accumulated other comprehensive loss	(4,491)	(3,104)
Total stockholders' equity	54,299	54,457
Total liabilities and stockholders' equity	$ 130,582	$ 123,401

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) shares in Thousands, $ in Thousands	Jul. 31, 2022	Jan. 31, 2022
Allowance for doubtful accounts	$ 500	$ 486
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	50,000	50,000
Common stock, issued (in shares)	8,003	8,152
Common stock, outstanding (in shares)	8,003	8,152
Treasury stock (in shares)	0	234

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member] Revision of Prior Period, Adjustment [Member]	Common Stock [Member]	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Stockholder's equity at Jan. 31, 2021		$ 82	$ 0	$ 60,875	$ (8,357)	$ (3,287)	$ 49,313
Net income (loss)		0	0	0	(843)	0	(843)
Stock-based compensation expense		0	0	272	0	0	272
Foreign currency translation adjustment		0	0	0	0	40	40
Stockholder's equity at Apr. 30, 2021		$ 82	0	61,147	(9,200)	(3,247)	48,782
Balance (in shares) at Jan. 31, 2021	0	8,164,989
Stockholder's equity at Jan. 31, 2021		$ 82	0	60,875	(8,357)	(3,287)	49,313
Net income (loss)							2,573
Stockholder's equity at Jul. 31, 2021		$ 81	$ 0	61,169	(5,784)	(3,397)	52,069
Balance (in shares) at Jan. 31, 2021	0	8,164,989
Treasury stock purchased (in shares)			(234,281)
Shares issued, net of shares used for tax withholding (in shares)		221,046
Balance (in shares) at Jul. 31, 2021		8,151,754
Stockholder's equity at Apr. 30, 2021		$ 82	$ 0	61,147	(9,200)	(3,247)	48,782
Net income (loss)		0	0	0	3,416	0	3,416
Common stock issued under stock plans, net of shares used for tax withholding		(1)	0	(254)	0	0	(255)
Stock-based compensation expense		0	0	276	0	0	276
Foreign currency translation adjustment		0	0	0	0	(150)	(150)
Stockholder's equity at Jul. 31, 2021		$ 81	0	61,169	(5,784)	(3,397)	52,069
Balance (in shares) at Jul. 31, 2021		8,151,754
Stockholder's equity at Jan. 31, 2022		$ 82	(1,992)	61,766	(2,295)	(3,104)	54,457
Net income (loss)		0	0	0	(885)	0	(885)
Common stock issued under stock plans, net of shares used for tax withholding		0	0	16	0	0	16
Stock-based compensation expense		0	0	236	0	0	236
Foreign currency translation adjustment		0	0	0	0	(932)	(932)
Stockholder's equity at Apr. 30, 2022		$ 82	(1,992)	62,018	(3,180)	(4,036)	52,892
Balance (in shares) at Jan. 31, 2022	(234,281)	8,151,754
Stockholder's equity at Jan. 31, 2022		$ 82	(1,992)	61,766	(2,295)	(3,104)	54,457
Net income (loss)							983
Stockholder's equity at Jul. 31, 2022		$ 80	$ 0	62,055	(3,345)	(4,491)	54,299
Balance (in shares) at Jan. 31, 2022	(234,281)	8,151,754
Treasury stock purchased (in shares)			(4,887)
Shares issued, net of shares used for tax withholding (in shares)		90,816
Balance (in shares) at Jul. 31, 2022		8,003,402
Stockholder's equity at Apr. 30, 2022		$ 82	$ (1,992)	62,018	(3,180)	(4,036)	52,892
Net income (loss)		0	0	0	1,868	0	1,868
Common stock issued under stock plans, net of shares used for tax withholding		0	0	(247)	0	0	(247)
Stock-based compensation expense		0	0	284	0	0	284
Foreign currency translation adjustment		0	0	0	0	(455)	(455)
Repurchase of common stock		0	(43)	0	0	0	(43)
Retirement of treasury stock		(2)	2,035	0	(2,033)	0	0
Stockholder's equity at Jul. 31, 2022		$ 80	$ 0	$ 62,055	$ (3,345)	$ (4,491)	$ 54,299
Treasury stock purchased (in shares)			(4,887)
Balance (in shares) at Jul. 31, 2022		8,003,402

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jul. 31, 2022	Jul. 31, 2021
Operating activities
Net income	$ 983	$ 2,573
Adjustments to reconcile net income to net cash flows used in operating activities
Depreciation and amortization	1,926	2,261
Deferred tax expense	236	73
Stock-based compensation expense	520	548
Provision on uncollectible accounts	14	45
Loss on disposal of fixed assets	16	21
Changes in operating assets and liabilities
Accounts receivable	(5,860)	(19,273)
Inventories, net	(2,756)	(2,421)
Costs and estimated earnings in excess of billings on uncompleted contracts	(3,446)	3,313
Accounts payable	850	6,372
Accrued compensation and payroll taxes	(716)	1,422
Customers' deposits	1,380	692
Income taxes receivable and payable	(545)	388
Prepaid expenses and other current assets	(403)	(1,007)
Other assets and liabilities	2,251	1,977
Net cash used in operating activities	(11,172)	(5,225)
Investing activities
Capital expenditures	(2,030)	(912)
Proceeds from sales of property and equipment	69	12
Net cash used in investing activities	(1,961)	(900)
Financing activities
Proceeds from revolving lines	42,813	2,317
Payments of debt on revolving lines	(31,482)	(5,942)
Payments of debt on mortgage	0	(892)
Payments of principal on finance obligation	(178)	(117)
Payments of other debt	(146)	(130)
Increase/(decrease) in drafts payable	29	(1)
Repurchase of common stock	(43)	0
Stock options exercised and taxes paid related to restricted shares vested	(230)	(255)
Net cash provided by financing activities	10,719	4,341
Effect of exchange rate changes on cash, cash equivalents and restricted cash	336	135
Net decrease in cash, cash equivalents and restricted cash	(2,078)	(1,649)
Cash, cash equivalents and restricted cash - beginning of period	9,771	8,375
Cash, cash equivalents and restricted cash - end of period	7,693	6,726
Supplemental cash flow information
Interest paid	808	400
Income taxes paid	1,970	446
Fixed assets acquired under capital leases - non-cash	0	201
Land and Buildings in Lebanon, Tennessee [Member]
Financing activities
Payments of principal on finance obligation	(44)	(91)
Finance Lease Obligations [Member]
Financing activities
Proceeds from finance obligation, net of issuance costs	0	9,538
Payments of principal on finance obligation	(178)	(203)
Unbilled Revenues [Member]
Changes in operating assets and liabilities
Unbilled accounts receivable	$ (5,622)	$ (2,209)

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
	Jul. 31, 2022
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	Note 1 The interim consolidated financial statements of Perma-Pipe International Holdings, Inc., and subsidiaries (collectively, "PPIH", "Company", or "Registrant") are unaudited, but include all adjustments that the Company's management considers necessary to present fairly the financial position and results of operations for the periods presented. These adjustments consist of normal recurring adjustments. Information and footnote disclosures have been omitted pursuant to Securities and Exchange Commission ("SEC") rules and regulations. The consolidated balance sheet as of January 31, 2022 not 10 January 31. 2022 2021 January 31, 2023 2022 Significant New Accounting Policies Refer to the Company's Annual Report on Form 10 January 31, 2022 April 19, 2022 six July 31, 2022, Treasury Stock In accordance with Accounting Standards Codification ("ASC") Topic 505, July 26, 2022, an increase to 505 30, Equity -Treasury Stock. Reclassifications Certain reclassifications have been made to prior period financial statements to conform to current period presentation. Unbilled accounts receivable was segregated from prepaid expenses and other current assets and reclassified into its own line on the consolidated balance sheets and consolidated statements of cash flows. Subsequent Events The Company has evaluated subsequent events through September 7, 2022, No

Note 2 - Business Segment Repor

Note 2 - Business Segment Reporting	6 Months Ended
	Jul. 31, 2022
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	Note 2 The Company is engaged in the manufacture and sale of products in one segment: Piping Systems. The Company engineers, designs, manufactures and sells specialty piping systems, and leak detection systems. Specialty piping systems include: (i) insulated and jacketed district heating and cooling piping systems for efficient energy distribution from central energy plants to multiple locations, (ii) primary and secondary containment piping systems for transporting chemicals, hazardous fluids and petroleum products, and (iii) the coating and/or insulation of oil and gas gathering and transmission pipelines. The Company's leak detection systems are sold with its piping systems or on a stand-alone basis, to monitor areas where fluid intrusion may

Note 3 - Accounts Receivable

Note 3 - Accounts Receivable	6 Months Ended
	Jul. 31, 2022
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 3 The majority of the Company's accounts receivable are due from geographically dispersed contractors and manufacturing companies. Credit is extended based on evaluations of customers' financial condition, including the availability of credit insurance. In the United States, collateral is not One of the Company’s accounts receivable in the total amount of $2.7 million and $3.6 million as of July 31, 2022 January 31, 2022 July 31, 2022, July 31, 2022 January 31, 2022 2015 not April 2022 June 2022, 2022 not July 31, 2022. not may For the three July 31, 2022 , individual customer accounted for greater than 10% of the Company’s consolidated net sales. During the three July 31, 2021, six July 31, 2022 2021, 10% As of July 31, 2022, 10% January 31, 2022 one

Note 4 - Revenue Recognition

Note 4 - Revenue Recognition	6 Months Ended
	Jul. 31, 2022
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	Note 4 The Company accounts for its revenues under ASC Topic 606, 606" Revenue from contracts with customers: The Company defines a contract as an agreement that has approval and commitment from both parties, defined rights and identifiable payment terms, which ensures the contract has commercial substance and that collectability is reasonably assured. The Company’s standard revenue transactions are classified into two 1 Systems and Coating - which include all bundled products in which Perma-Pipe designs, engineers, and manufactures pre-insulated specialty piping systems, insulates subsea flowline pipe, subsea oil production equipment, and land-lines. Additionally, this systems classification includes coating applied to pipes and structures. 2 Products - which include cables, leak detection products, heat trace products, material/goods not not In accordance with ASC 606 10 25 27 29, one 1 the customer owns the material that is being insulated or coated, so the customer controls the asset and thus the work-in-process; or 2 the customer controls the work-in-process due to the custom nature of the pre-insulated, fabricated system being manufactured as evidenced by the Company’s right to payment for work performed to date plus seller’s profit margin for products that have no Products revenue is recognized when goods are shipped or services are performed (ASC 606 10 25 30 A breakdown of the Company's revenues by revenue class for the three six July 31, 2022 2021 Three Months Ended July 31, Six Months Ended July 31, 2022 2021 2022 2021 Sales % to Total Sales % to Total Sales % to Total Sales % to Total Products 3,868 11 % $ 4,548 11 % 6,780 10 % $ 7,135 11 % Specialty Piping Systems and Coating Revenue recognized under input method 12,707 34 % 13,999 35 % 23,325 34 % 23,952 37 % Revenue recognized under output method 20,428 55 % 21,257 54 % 38,120 56 % 33,140 52 % Total $ 37,003 100 % $ 39,804 100 % $ 68,225 100 % $ 64,227 100 % The input method, as noted in ASC 606 10 55 20, The output method, as noted in ASC 606 10 55 17, may Some of the Company’s operating entities invoice and collect milestones or other contractual obligations prior to the transfer of goods and services, but do not Contract modifications that occur prior to the start of the manufacturing process will supersede the original contract and revenue is recognized using the modified contract value. Contract modifications that occur during the manufacturing process (changes in scope of work, job performance, material costs, and/or final contract settlements) are recognized in the period in which the revisions are known. Provisions for losses on uncompleted contracts are made in contract liabilities account in the period such losses are identified. Contract assets and liabilities: Contract assets represent revenue recognized in excess of amounts billed for contract work in progress for which the Company has a valid contract and an enforceable right to payment for work completed. Contract liabilities represent billings in excess of costs for contract work in progress for which the Company has a valid contract and an enforceable right to payment for work completed. Both customer billings and the satisfaction (or partial satisfaction) of the performance obligation(s) occur throughout the manufacturing process and impact the period end balances in these accounts. The Company anticipates that substantially all costs incurred for uncompleted contracts as of July 31, 2022 one During the year ended January 31, 2021, one one January 31, 2021. No July 31, 2022. The following table shows the reconciliation of the cost in excess of billings: (In thousands) July 31, 2022 January 31, 2022 Costs incurred on uncompleted contracts $ 21,054 $ 20,021 Estimated earnings 11,422 12,030 Earned revenue 32,476 32,051 Less billings to date 27,997 31,019 Costs in excess of billings, net $ 4,479 $ 1,032 Balance sheet classification Contract assets: Costs and estimated earnings in excess of billings on uncompleted contracts $ 5,946 $ 2,309 Contract liabilities: Billings in excess of costs and estimated earnings on uncompleted contracts (1,467 ) (1,277 ) Costs in excess of billings, net $ 4,479 $ 1,032 Substantially all of the $0.8 million contract liabilities balance as of January 31, 2021 2021 January 31, 2022 2022. Unbilled accounts receivable: The Company has recorded $ 8.0 million and $2.7 million of unbilled accounts receivable on the consolidated balance sheets as of July 31, 2022 and January 31, 2022, July 31, 2022 October 31, 2022. Practical expedients: Costs to obtain a contract are not not one As the Company's contracts are less than one

Note 5 - Income Taxes

Note 5 - Income Taxes	6 Months Ended
	Jul. 31, 2022
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 5 The determination of the consolidated provision for income taxes, deferred tax assets and liabilities and related valuation allowances requires management to make judgments and estimates. As a company with subsidiaries in foreign jurisdictions, the process of calculating income taxes involves estimating current tax obligations and exposures in each jurisdiction as well as making judgments regarding the future recoverability of deferred tax assets. Income earned in the U.A.E. is not The Company's worldwide effective tax rate ("ETR") from operations for the three July 31, 2022 2021 % six July 31, 2022 2021, The Company expects that future distributions from foreign subsidiaries will not not July 31, 2022

Note 6 - Impairment of Long-liv

Note 6 - Impairment of Long-lived Assets	6 Months Ended
	Jul. 31, 2022
Notes to Financial Statements
Asset Impairment Charges [Text Block]	Note 6 The Company's assessment of long-lived assets, and other identifiable intangibles is based upon factors that market participants would use in accordance with the accounting guidance for the fair value measurement of assets. At July 31, 2022 not three not three three six July 31, 2022 2021 During July 2022, The Company will continue testing for potential impairment at least annually or as otherwise required by applicable accounting standards. Goodwill. July 31, 2022 January 31, 2022 2016. (In thousands) January 31, 2022 Foreign exchange change effect July 31, 2022 Goodwill $ 2,342 $ (14 ) $ 2,328 The Company performs an impairment assessment of goodwill annually as of January 31, July 31, 2022 not not three six July 31, 2022 2021

Note 7 - Stock-based Compensati

Note 7 - Stock-based Compensation	6 Months Ended
	Jul. 31, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	Note 7 The Company's 2021 May 26, 2021 May 2021 ( "2021 2021 May 2024. 2021 2021 The Company’s 2017 June 13, 2017, June 2017 ( "2017 June 2020. 2017 422 2017 2017 The Company has prior incentive plans under which previously granted awards remain outstanding, including the 2017 no may July 31, 2022 293,075 shares Stock-based compensation expense The Company has granted stock-based compensation awards to eligible employees, officers or independent directors. The Company recognized the following stock-based compensation expense for the periods presented: Three Months Ended July 31, Six Months Ended July 31, (In thousands) 2022 2021 2022 2021 Restricted stock-based compensation expense 284 276 520 548 Total stock-based compensation expense $ 284 $ 276 $ 520 $ 548 Stock Options The Company did not three six July 31, 2022 (Shares in thousands) Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value Outstanding at January 31, 2022 67 $ 9.51 1.7 $ 63 Exercised (12 ) 6.60 - 46 Expired or forfeited (9 ) 10.62 - - Outstanding at July 31, 2022 46 10.62 1.7 22 Options exercisable at July 31, 2022 46 $ 10.62 1.7 $ 22 There was no vesting, expiration or forfeiture of previously unvested stock options during the si x months ended July 31 , 2022. July 31 , 2022, Restricted stock The following table summarizes the Company's restricted stock activity for the six July 31, 2022 (Shares in thousands) Restricted Shares Weighted Average Price Aggregate Intrinsic Value Outstanding at January 31, 2022 354 $ 7.48 $ 2,652 Granted 82 10.96 Vested and issued (147 ) 7.30 Forfeited or retired for taxes (42 ) 6.87 Outstanding at July 31, 2022 247 $ 8.38 $ 2,074 As of July 31, 2022 1.4 million 2.0 years

Note 8 - Earnings Per Share

Note 8 - Earnings Per Share	6 Months Ended
	Jul. 31, 2022
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 8 Three Months Ended July 31, Six Months Ended July 31, (In thousands, except per share data) 2022 2021 2022 2021 Basic weighted average common shares outstanding 7,975 8,151 7,947 8,158 Dilutive effect of equity compensation plans 211 170 115 132 Weighted average common shares outstanding assuming full dilution 8,186 8,321 8,062 8,290 Stock options and restricted stock not included in the computation of diluted earnings per share of common stock because the option exercise prices or grant date prices exceeded the average market prices of the common shares 19 166 115 203 Stock options and restricted stock with exercise prices or grant date prices below the average market prices 211 170 115 132 Net income $ 1,868 $ 3,416 $ 983 $ 2,573 Income per share Basic 0.23 0.42 0.12 0.32 Diluted 0.23 0.41 0.12 0.31

Note 9 - Debt

Note 9 - Debt	6 Months Ended
	Jul. 31, 2022
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 9 Debt totaled $32.1 million and $21.9 million at July 31, 2022 January 31, 2022 Revolving lines - North America . September 20, 2018, three On September 17, 2021, five The Borrowers have used and will continue to use borrowings under the Renewed Senior Credit Facility (i) to fund future capital expenditures; (ii) to fund ongoing working capital needs; and (iii) for other corporate purposes, including potentially additional stock repurchases. Borrowings under the Renewed Senior Credit Facility bears interest at a rate equal to an alternate base rate, London Inter-Bank Offered Rate ("LIBOR") or a LIBOR successor rate index, plus, in each case, an applicable margin. The applicable margin is based on a fixed charge coverage ratio ("FCCR") range. Interest on alternate base rate borrowings is the alternate base rate (as defined in the Renewed Senior Credit Facility) plus an applicable margin ranging from 1.00% to 1.50%, based on the FCCR in the most recently reported period. Interest on LIBOR or LIBOR successor rate borrowings is the LIBOR rate (as defined in the Renewed Senior Credit Facility) plus an applicable margin ranging from 2.00% to 2.50%, based on the FCCR in the most recently reported period. Additionally, the Borrowers pay a 0.25% per annum facility fee on the unused portion of the Renewed Senior Credit Facility. Subject to certain exceptions, borrowings under the Renewed Senior Credit Facility are secured by substantially all of the North American Loan Parties’ assets. The Renewed Senior Credit Facility matures on September 20, 2026. may not may not The Renewed Senior Credit Facility also contains a free cash flow financial covenant (the "FCCR covenant") requiring the North American Loan Parties to achieve a ratio of its EBITDA to the sum of scheduled cash principal payments on indebtedness for borrowed money and interest payments on the advances under the Renewed Senior Credit Facility to be not 1.00 five July 31, 2022, 1.00. may not July 31, 2022. The Renewed Senior Credit Facility contains customary events of default. If an event of default occurs and is continuing, then PNC may As of July 31, 2022, $ 8.6 million at a rate of 6.50% and had $ 5 .9 January 31, 2022, Finance obligation - buildings and land. On April 14, 2021, fifteen four five In accordance with ASC Topic 842, July 31 , 2022. zero Revolving lines - foreign . The Company also has credit arrangements used by its Middle Eastern subsidiaries in the U.A.E. , Egypt and Saudi Arabia as discussed further below. The Company has a revolving line for 8.0 million U.A.E. Dirhams (approximately $2.2 million at July 31, 2022 November 2020, 19 July 2022 July 2025. The Company has a revolving line for 17.5 million U.A.E. Dirhams (approximately $4.8 million at July 31, 2022 January 2023. The Company has a credit agreement for project financing with a bank in the U.A.E. for 1.0 million U.A.E. Dirhams (approximately $0.3 million at July 31, 2022 June 2023 The Company has a credit agreement for project financing with a bank in the U.A.E. for 2.0 July 31, 2022 6.53% May 2024 In June 2021, $5. 3 million July 31, 2022 8.00% and expired in June 2022, In December 2021, y $1. 2 mi July 31, 2022). November 2022 In March 2022, July 31, 2022). April 2023. These credit arrangements are in the form of overdraft facilities and project financing at rates competitive in the countries in which the Company operates. The lines are secured by certain equipment, certain assets (such as accounts receivable and inventory), and a guarantee by the Company. Some credit arrangement covenants require a minimum tangible net worth to be maintained, including maintaining certain levels of intercompany subordinated debt. In addition, some of the revolving credit facilities restrict payment of dividends or undertaking of additional debt. The Company guarantees only a portion of the subsidiaries' debt, including foreign debt. As of July 31, 2022, ately $0.6 million. The Company was in compliance with the covenants under the credit arrangements in the U.A.E., Egypt and Saudi Arabia as of July 31, 2022 July 31, 2022 two July 31, 2022 $ 19.6 million As of July 31, 2022 , $2.6 million o f availability was used to support letters of credit to guarantee amounts committed for inventory purchases and for performance guarantees. Additionally, as of July 31, 2022 , the Company had borrow ed $ 8.7 million $ 8.2 million July 31, 2022 January 31, 2022 Mortgages. July 28, 2016, December 23, 2042. July 31, 2022, July 31, 2022). 6.55 % July 31, 2022 January 2018. On June 19, 2012, April 14, 2021,

Note 10 - Leases

Note 10 - Leases	6 Months Ended
	Jul. 31, 2022
Notes to Financial Statements
Lessee, Operating and Finance Leases [Text Block]	Note 10 Operating Leases. August 2020, $0.3 million at July 31 2022 August 2022 August 2050. In March 2022, September 2022. three July 31, 2022. $0.3 million, $4.0 million and $3.6 million April 30, 2022. $0.8 million i three April 30, 2022. 2032. Finance Leases. 2019, two August 2023. 2017, three April 2021 May 2021 September 2022. The Company has several significant operating lease agreements, with lease terms of one thirty not not not not one At July 31, 2022 $8.1 $7. 2 million July 31, 2022 Supplemental balance sheet information related to leases is as follows (in thousands): Operating and Finance leases: July 31, 2022 January 31, 2022 Finance leases assets: Property and Equipment - gross $ 1,214 $ 1,221 Accumulated depreciation and amortization (613 ) (490 ) Property and Equipment - net $ 601 $ 731 Finance lease liabilities: Finance lease liability short-term $ 326 $ 357 Finance lease liability long-term 21 173 Total finance lease liabilities $ 347 $ 530 Operating lease assets: Operating lease ROU assets $ 7,176 $ 11,213 Operating lease liabilities: Operating lease liability short-term $ 1,316 $ 1,496 Operating lease liability long-term 6,775 11,270 Total operating lease liabilities $ 8,091 $ 12,766 Total lease costs consist of the following (in thousands): Lease costs Consolidated Statements of Operations Classification Three Months Ended July 31, 2022 Three Months Ended July 31, 2021 Six Months Ended July 31, 2022 Six Months Ended July 31, 2021 Finance Lease Costs Amortization of ROU assets Cost of sales $ 62 $ 65 $ 125 $ 119 Interest on lease liabilities Interest expense 8 15 18 28 Operating lease costs Cost of sales, SG&A expenses 694 625 587 1,273 Short-term lease costs (1) Cost of sales, SG&A expenses 13 102 72 195 Sub-lease income SG&A expenses (27 ) (20 ) (40 ) (40 ) Total Lease costs $ 750 $ 787 $ 762 $ 1,575 ( 1 Supplemental cash flow information related to leases is as follows (in thousands): Six Months Ended July 31, 2022 Six Months Ended July 31, 2021 Cash paid for amounts included in the measurement of lease liabilities: Financing cash outflows from finance leases $ 178 $ 117 Operating cash outflows from finance leases 18 13 Operating cash outflows from operating leases 696 501 Six Months Ended July 31, 2022 Six Months Ended July 31, 2021 ROU Assets obtained in exchange for new lease obligations: Finance leases liabilities $ - $ - Operating leases liabilities - 52 Weighted-average lease terms and discount rates are as follows: July 31, 2022 Weighted-average remaining lease terms (in years): Finance leases 1.0 Operating leases 16.0 Weighted-average discount rates: Finance leases 9.4 % Operating leases 7.8 % Maturities of lease liabilities as of July 31, 2022 Year: Operating Leases Finance Leases For the six months ended January 31, 2023 $ 1,639 $ 186 For the year ended January 31, 2024 1,761 176 For the year ended January 31, 2025 935 - For the year ended January 31, 2026 725 - For the year ended January 31, 2027 725 - For the year ended January 31, 2028 689 - Thereafter 8,975 - Total lease payments 15,449 362 Less: amount representing interest (7,358 ) (15 ) Total lease liabilities at July 31, 2022 $ 8,091 $ 347 Rent expense on operating leases, which is recorded on straight-line basis, was $ 0. 7 million three July 31, 2022 2021

Note 11 - Restricted Cash

Note 11 - Restricted Cash	6 Months Ended
	Jul. 31, 2022
Notes to Financial Statements
Cash and Cash Equivalents Disclosure [Text Block]	Note 11 Restricted cash held by foreign subsidiaries was $1.5 million July 31, 2022 2021 (In thousands) July 31, 2022 July 31, 2021 Cash and cash equivalents $ 6,192 $ 5,509 Restricted cash 1,501 1,217 Cash, cash equivalents and restricted cash shown in the statement of cash flows $ 7,693 $ 6,726

Note 12 - Fair Value

Note 12 - Fair Value	6 Months Ended
	Jul. 31, 2022
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 12 The carrying values of cash and cash equivalents, accounts receivable and accounts payable are reasonable estimates of their fair value due to their short-term nature. The carrying amount of the Company's short-term debt, revolving line of credit and long-term debt approximate fair value because the majority of the amounts outstanding accrue interest at variable market rates.

Note 13 - Recent Accounting Pro

Note 13 - Recent Accounting Pronouncements	6 Months Ended
	Jul. 31, 2022
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	Note 13 In March 2020, 2020 04, Reference Rate Reform 848 may December 31, 2021. not March 12, 2020 December 31, 2022. April 2022, December 31, 2024; not September 20, 2026, not In June 2016, No. 2016 13, Financial Instruments-Credit Losses (Topic 326 not December 15, 2019, December 15, 2022. The Company evaluated other recent accounting pronouncements and does not

Note 14 - Treasury Stock

Note 14 - Treasury Stock	6 Months Ended
	Jul. 31, 2022
Notes to Financial Statements
Treasury Stock [Text Block]	Note 14 On October 4, 2021, 12 July 31, 2022, $2.0 million $3.0 The following table sets forth information with respect to repurchases by the Company of its shares of common stock during the three July 31, 2022: Period Total number of shares purchased Average price paid per share Total number of shares purchased as part of publicly announced plans or programs Approximate dollar value of shares that may yet be purchased under the plans or programs May 1, 2022 - May 31, 2022 - - - 1,008,444 June 1, 2022 - June 30, 2022 - - - 1,008,444 July 1, 2022 - July 31, 2022 4,887 8.85 4,887 964,496 Total 4,887 4,887 On July 26, 2022, an increase to 505 30, Equity -Treasury Stock.

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jul. 31, 2022
Accounting Policies [Abstract]
Stockholders' Equity, Policy [Policy Text Block]	Treasury Stock In accordance with Accounting Standards Codification ("ASC") Topic 505, July 26, 2022, an increase to 505 30, Equity -Treasury Stock.
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassifications Certain reclassifications have been made to prior period financial statements to conform to current period presentation. Unbilled accounts receivable was segregated from prepaid expenses and other current assets and reclassified into its own line on the consolidated balance sheets and consolidated statements of cash flows.
Subsequent Events, Policy [Policy Text Block]	Subsequent Events The Company has evaluated subsequent events through September 7, 2022, No

Note 4 - Revenue Recognition (T

Note 4 - Revenue Recognition (Tables)	6 Months Ended
	Jul. 31, 2022
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended July 31, Six Months Ended July 31, 2022 2021 2022 2021 Sales % to Total Sales % to Total Sales % to Total Sales % to Total Products 3,868 11 % $ 4,548 11 % 6,780 10 % $ 7,135 11 % Specialty Piping Systems and Coating Revenue recognized under input method 12,707 34 % 13,999 35 % 23,325 34 % 23,952 37 % Revenue recognized under output method 20,428 55 % 21,257 54 % 38,120 56 % 33,140 52 % Total $ 37,003 100 % $ 39,804 100 % $ 68,225 100 % $ 64,227 100 %
Schedule of Assumptions for Long-Duration Contracts by Product and Guarantee [Table Text Block]	(In thousands) July 31, 2022 January 31, 2022 Costs incurred on uncompleted contracts $ 21,054 $ 20,021 Estimated earnings 11,422 12,030 Earned revenue 32,476 32,051 Less billings to date 27,997 31,019 Costs in excess of billings, net $ 4,479 $ 1,032 Balance sheet classification Contract assets: Costs and estimated earnings in excess of billings on uncompleted contracts $ 5,946 $ 2,309 Contract liabilities: Billings in excess of costs and estimated earnings on uncompleted contracts (1,467 ) (1,277 ) Costs in excess of billings, net $ 4,479 $ 1,032

Note 6 - Impairment of Long-l_2

Note 6 - Impairment of Long-lived Assets (Tables)	6 Months Ended
	Jul. 31, 2022
Notes Tables
Schedule of Goodwill [Table Text Block]	(In thousands) January 31, 2022 Foreign exchange change effect July 31, 2022 Goodwill $ 2,342 $ (14 ) $ 2,328

Note 7 - Stock-based Compensa_2

Note 7 - Stock-based Compensation (Tables)	6 Months Ended
	Jul. 31, 2022
Notes Tables
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	Three Months Ended July 31, Six Months Ended July 31, (In thousands) 2022 2021 2022 2021 Restricted stock-based compensation expense 284 276 520 548 Total stock-based compensation expense $ 284 $ 276 $ 520 $ 548
Share-Based Payment Arrangement, Option, Activity [Table Text Block]	(Shares in thousands) Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value Outstanding at January 31, 2022 67 $ 9.51 1.7 $ 63 Exercised (12 ) 6.60 - 46 Expired or forfeited (9 ) 10.62 - - Outstanding at July 31, 2022 46 10.62 1.7 22 Options exercisable at July 31, 2022 46 $ 10.62 1.7 $ 22
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]	(Shares in thousands) Restricted Shares Weighted Average Price Aggregate Intrinsic Value Outstanding at January 31, 2022 354 $ 7.48 $ 2,652 Granted 82 10.96 Vested and issued (147 ) 7.30 Forfeited or retired for taxes (42 ) 6.87 Outstanding at July 31, 2022 247 $ 8.38 $ 2,074

Note 8 - Earnings Per Share (Ta

Note 8 - Earnings Per Share (Tables)	6 Months Ended
	Jul. 31, 2022
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended July 31, Six Months Ended July 31, (In thousands, except per share data) 2022 2021 2022 2021 Basic weighted average common shares outstanding 7,975 8,151 7,947 8,158 Dilutive effect of equity compensation plans 211 170 115 132 Weighted average common shares outstanding assuming full dilution 8,186 8,321 8,062 8,290 Stock options and restricted stock not included in the computation of diluted earnings per share of common stock because the option exercise prices or grant date prices exceeded the average market prices of the common shares 19 166 115 203 Stock options and restricted stock with exercise prices or grant date prices below the average market prices 211 170 115 132 Net income $ 1,868 $ 3,416 $ 983 $ 2,573 Income per share Basic 0.23 0.42 0.12 0.32 Diluted 0.23 0.41 0.12 0.31

Note 10 - Leases (Tables)

Note 10 - Leases (Tables)	6 Months Ended
	Jul. 31, 2022
Notes Tables
Supplemental Balance Sheet Information Related to Leases [Table Text Block]	Operating and Finance leases: July 31, 2022 January 31, 2022 Finance leases assets: Property and Equipment - gross $ 1,214 $ 1,221 Accumulated depreciation and amortization (613 ) (490 ) Property and Equipment - net $ 601 $ 731 Finance lease liabilities: Finance lease liability short-term $ 326 $ 357 Finance lease liability long-term 21 173 Total finance lease liabilities $ 347 $ 530 Operating lease assets: Operating lease ROU assets $ 7,176 $ 11,213 Operating lease liabilities: Operating lease liability short-term $ 1,316 $ 1,496 Operating lease liability long-term 6,775 11,270 Total operating lease liabilities $ 8,091 $ 12,766
Lease, Cost [Table Text Block]	Lease costs Consolidated Statements of Operations Classification Three Months Ended July 31, 2022 Three Months Ended July 31, 2021 Six Months Ended July 31, 2022 Six Months Ended July 31, 2021 Finance Lease Costs Amortization of ROU assets Cost of sales $ 62 $ 65 $ 125 $ 119 Interest on lease liabilities Interest expense 8 15 18 28 Operating lease costs Cost of sales, SG&A expenses 694 625 587 1,273 Short-term lease costs (1) Cost of sales, SG&A expenses 13 102 72 195 Sub-lease income SG&A expenses (27 ) (20 ) (40 ) (40 ) Total Lease costs $ 750 $ 787 $ 762 $ 1,575
Supplemental Cash Flow Information Related Leases [Table Text Block]	Six Months Ended July 31, 2022 Six Months Ended July 31, 2021 Cash paid for amounts included in the measurement of lease liabilities: Financing cash outflows from finance leases $ 178 $ 117 Operating cash outflows from finance leases 18 13 Operating cash outflows from operating leases 696 501 Six Months Ended July 31, 2022 Six Months Ended July 31, 2021 ROU Assets obtained in exchange for new lease obligations: Finance leases liabilities $ - $ - Operating leases liabilities - 52
Weighted-average Lease Terms and Discount Rates [Table Text Block]	July 31, 2022 Weighted-average remaining lease terms (in years): Finance leases 1.0 Operating leases 16.0 Weighted-average discount rates: Finance leases 9.4 % Operating leases 7.8 %
Finance and Operating Lease, Liability, Maturity [Table Text Block]	Year: Operating Leases Finance Leases For the six months ended January 31, 2023 $ 1,639 $ 186 For the year ended January 31, 2024 1,761 176 For the year ended January 31, 2025 935 - For the year ended January 31, 2026 725 - For the year ended January 31, 2027 725 - For the year ended January 31, 2028 689 - Thereafter 8,975 - Total lease payments 15,449 362 Less: amount representing interest (7,358 ) (15 ) Total lease liabilities at July 31, 2022 $ 8,091 $ 347

Note 11 - Restricted Cash (Tabl

Note 11 - Restricted Cash (Tables)	6 Months Ended
	Jul. 31, 2022
Notes Tables
Restrictions on Cash and Cash Equivalents [Table Text Block]	(In thousands) July 31, 2022 July 31, 2021 Cash and cash equivalents $ 6,192 $ 5,509 Restricted cash 1,501 1,217 Cash, cash equivalents and restricted cash shown in the statement of cash flows $ 7,693 $ 6,726

Note 14 - Treasury Stock (Table

Note 14 - Treasury Stock (Tables)	6 Months Ended
	Jul. 31, 2022
Notes Tables
Class of Treasury Stock [Table Text Block]	Period Total number of shares purchased Average price paid per share Total number of shares purchased as part of publicly announced plans or programs Approximate dollar value of shares that may yet be purchased under the plans or programs May 1, 2022 - May 31, 2022 - - - 1,008,444 June 1, 2022 - June 30, 2022 - - - 1,008,444 July 1, 2022 - July 31, 2022 4,887 8.85 4,887 964,496 Total 4,887 4,887

Note 2 - Business Segment Rep_2

Note 2 - Business Segment Reporting (Details Textual)	6 Months Ended
	Jul. 31, 2022
Number of Reportable Segments	1

Note 3 - Accounts Receivable (D

Note 3 - Accounts Receivable (Details Textual) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jul. 31, 2022 USD ($)	Jul. 31, 2021	Jul. 31, 2022 USD ($)	Jul. 31, 2021	Jan. 31, 2022 USD ($)
Accounts Receivable, Outstanding for Several Years	$ 2,700		$ 2,700		$ 3,600
Retention Receivable, Settlement Amount	900
Allowance for Doubtful Accounts Receivable Outstanding for Several Years	$ 0		$ 0
Revenue Benchmark [Member] | Customer Concentration Risk [Member]
Number of Major Customers	0	1	0	0
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | One Customer [Member]
Concentration Risk, Percentage		12%
Accounts Receivable [Member] | Customer Concentration Risk [Member]
Number of Major Customers			0		1
Accounts Receivable [Member] | Customer Concentration Risk [Member] | One Customer [Member]
Concentration Risk, Percentage					11.90%
Other Noncurrent Assets [Member]
Retention Receivable	$ 1,100		$ 1,100		$ 2,000

Note 4 - Revenue Recognition (D

Note 4 - Revenue Recognition (Details Textual) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jul. 31, 2022	Jan. 31, 2022
Costs Incurred for Uncompleted Contracts, Anticipated Collection Period (Year)	1 year
Contract with Customer, Liability, Revenue Recognized		$ 800
Contract with Customer, Liability, Current	$ 1,467	1,277
Unbilled Receivables, Current	8,023	2,656
Middle East [Member]
Unbilled Receivables, Current	$ 8,000	2,700
Other Nonoperating Income (Expense) [Member]
Expense Related to Encashment		$ 600

Note 4 - Revenue Recognition -

Note 4 - Revenue Recognition - Revenues by Revenue Class (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Sales by product	$ 37,003	$ 39,804	$ 68,225	$ 64,227
Sales by product, percent	100%	100%	100%	100%
Product [Member] | Transferred at Point in Time [Member]
Sales by product	$ 3,868	$ 4,548	$ 6,780	$ 7,135
Sales by product, percent	11%	11%	10%	11%
Specialty Piping Systems And Coating [Member] | Transferred at Point in Time Using Input Method [Member]
Sales by product	$ 12,707	$ 13,999	$ 23,325	$ 23,952
Sales by product, percent	34%	35%	34%	37%
Specialty Piping Systems And Coating [Member] | Transferred at Point in Time Using Output Method [Member]
Sales by product	$ 20,428	$ 21,257	$ 38,120	$ 33,140
Sales by product, percent	55%	54%	56%	52%

Note 4 - Revenue Recognition _2

Note 4 - Revenue Recognition - Reconciliation of the Cost in Excess of Billings (Details) - USD ($) $ in Thousands	Jul. 31, 2022	Jan. 31, 2022
Costs incurred on uncompleted contracts	$ 21,054	$ 20,021
Estimated earnings	11,422	12,030
Earned revenue	32,476	32,051
Less billings to date	27,997	31,019
Costs in excess of billings, net	4,479	1,032
Contract assets: Costs and estimated earnings in excess of billings on uncompleted contracts	5,946	2,309
Contract liabilities: Billings in excess of costs and estimated earnings on uncompleted contracts	$ (1,467)	$ (1,277)

Note 5 - Income Taxes (Details

Note 5 - Income Taxes (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Effective Income Tax Rate Reconciliation, Percent, Total	32%	20%	62%	29%
Undistributed Earnings of Foreign Subsidiaries	$ 0.5		$ 0.5

Note 6 - Impairment of Long-l_3

Note 6 - Impairment of Long-lived Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Impairment, Long-Lived Asset, Held-for-Use, Total	$ 0	$ 0	$ 0	$ 0
Goodwill, Impairment Loss	$ 0	$ 0	$ 0	$ 0

Note 6 - Impairment of Long-l_4

Note 6 - Impairment of Long-lived Assets - Goodwill (Details) $ in Thousands	6 Months Ended
	Jul. 31, 2022 USD ($)
Goodwill	$ 2,342
Goodwill, foreign exchange change effect	(14)
Goodwill	$ 2,328

Note 7 - Stock-based Compensa_3

Note 7 - Stock-based Compensation (Details Textual) $ in Thousands	3 Months Ended	6 Months Ended
	Jul. 31, 2022 USD ($) shares	Jul. 31, 2022 USD ($) shares
Common Stock, Capital Shares Reserved for Future Issuance (in shares)	293,075	293,075
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)	0	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period, Total (in shares)		0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period (in shares)		0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Nonvested, Number of Shares, Ending Balance (in shares)	0	0
Share-Based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period, Total (in shares)		9,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period (in shares)		12,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total | $	$ 0	$ 0
Restricted Stock [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total | $	$ 1,400	$ 1,400
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)		2 years

Note 7 - Stock-based Compensa_4

Note 7 - Stock-based Compensation - Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Stock-based compensation expense	$ 284	$ 276	$ 520	$ 548
Restricted Stock [Member]
Stock-based compensation expense	$ 284	$ 276	$ 520	$ 548

Note 7 - Stock-based Compensa_5

Note 7 - Stock-based Compensation - Stock Option Activity (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	6 Months Ended	12 Months Ended
	Jul. 31, 2022	Jan. 31, 2021	Jan. 31, 2022
Exercised (in shares)	0
Expired or forfeited (in shares)	0
Share-Based Payment Arrangement, Option [Member]
Outstanding (in shares)	67
Outstanding, weighted average exercise price (in dollars per share)	$ 9.51
Outstanding weighted average remaining contractual term (Year)	1 year 8 months 12 days	1 year 8 months 12 days
Outstanding at beginning of period, aggregate intrinsic value	$ 22		$ 63
Exercised (in shares)	(12)
Exercised, weighted average exercise price (in dollars per share)	$ 6.60
Exercised, aggregate intrinsic value	$ 46
Expired or forfeited (in shares)	(9)
Expired or forfeited, weighted average exercise price (in dollars per share)	$ 10.62
Outstanding (in shares)	46
Outstanding, weighted average exercise price (in dollars per share)	$ 10.62
Options exercisable (in shares)	46
Options exercisable, weighted average exercise price (in dollars per share)	$ 10.62
Options exercisable, weighted average remaining contractual term (Year)	1 year 8 months 12 days
Options exercisable, aggregate intrinsic value	$ 22

Note 7 - Stock-based Compensa_6

Note 7 - Stock-based Compensation - Restricted Stock Activity (Details) - Restricted Stock [Member] - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	6 Months Ended
	Jul. 31, 2022	Jan. 31, 2022
Outstanding (in shares)	354
Outstanding, weighted average grant price (in dollars per share)	$ 7.48
Outstanding, aggregate intrinsic value	$ 2,074	$ 2,652
Granted (in shares)	82
Granted, weighted average grant price (in dollars per share)	$ 10.96
Vested and issued (in shares)	(147)
Vested and issued, weighted average grant price per share (in dollars per share)	$ 7.30
Forfeited or retired for taxes (in shares)	(42)
Forfeited or retired for taxes (in dollars per share)	$ 6.87
Outstanding (in shares)	247
Outstanding, weighted average grant price (in dollars per share)	$ 8.38

Note 8 - Earnings Per Share - S

Note 8 - Earnings Per Share - Summary of Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended				6 Months Ended
	Jul. 31, 2022	Apr. 30, 2022	Jul. 31, 2021	Apr. 30, 2021	Jul. 31, 2022	Jul. 31, 2021
Basic (in shares)	7,975		8,151		7,947	8,158
Dilutive effect of equity compensation plans (in shares)	211		170		115	132
Weighted average common shares outstanding assuming full dilution (in shares)	8,186		8,321		8,062	8,290
Stock options and restricted stock not included in the computation of diluted earnings per share of common stock because the option exercise prices or grant date prices exceeded the average market prices of the common shares (in shares)	19		166		115	203
Stock options and restricted stock with exercise prices or grant date prices below the average market prices (in shares)	211		170		115	132
Net income (loss)	$ 1,868	$ (885)	$ 3,416	$ (843)	$ 983	$ 2,573
Basic (in dollars per share)	$ 0.23		$ 0.42		$ 0.12	$ 0.32
Diluted (in dollars per share)	$ 0.23		$ 0.41		$ 0.12	$ 0.31

Note 9 - Debt (Details Textual)

Note 9 - Debt (Details Textual) $ in Thousands, ر.س in Millions, د.إ in Millions, ج.م. in Millions, $ in Millions					1 Months Ended	6 Months Ended
	Sep. 17, 2021 USD ($)	Apr. 14, 2021 USD ($)	Jul. 28, 2016	Jun. 19, 2012 USD ($)	Apr. 30, 2022 USD ($)	Jul. 31, 2022 USD ($)	Jul. 31, 2022 CAD ($)	Jul. 31, 2021 USD ($)	Jul. 31, 2022 AED (د.إ)	Jul. 31, 2022 EGP (ج.م.)	Mar. 31, 2022 SAR (ر.س)	Jan. 31, 2022 USD ($)	Dec. 31, 2021 EGP (ج.م.)	Jun. 30, 2021 EGP (ج.م.)	Sep. 20, 2018 USD ($)
Debt and Lease Obligation, Total						$ 32,100						$ 21,900
Line of Credit, Current						8,632						634
Proceeds from Sale of Property, Plant, and Equipment, Total						69		$ 12
Repayments of Secured Debt						0		$ 892
Finance Lease, Liability, Noncurrent						9,271						9,327
UNITED ARAB EMIRATES
Foreign Earnings Repatriated					$ 800
Land and Buildings in Lebanon, Tennessee [Member]
Lessee, Finance Lease, Term of Contract (Year)		15 years
Lessee, Finance Lease, Annual Rent Increase, Percentage		2%
Lessee, Finance Lease, Number of Options to Extend		4
Lessee, Finance Lease, Renewal Term (Year)		5 years
Lessee, Finance Lease, Discount Rate		8%
Finance Lease, Liability, Noncurrent						9,300
Mortgage Note Secured by Tennessee Manufacturing Facility [Member]
Repayments of Secured Debt		$ 900
Proceeds from Issuance of Secured Debt				$ 1,800
Debt Instrument, Issuance Date				Jun. 19, 2012
Canadian Mortgage Note [Member]
Debt Instrument, Maturity Date			Dec. 23, 2042
Proceeds from Issuance of Secured Debt						$ 5,100	$ 6.5
Debt Instrument, Interest Rate, Effective Percentage						6.55%			6.55%	6.55%
Land and Buildings in Lebanon, Tennessee [Member]
Disposal Group, Including Discontinued Operation, Consideration		10,400
Proceeds from Sale of Property, Plant, and Equipment, Total		$ 9,100
Maximum [Member]
Foreign Earnings Repatriated						$ 100
Revolving Lines, North America [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 18,000														$ 18,000
Debt Instrument, Term (Year)	5 years
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.25%
Line of Credit, Current						$ 8,600						600
Line of Credit Facility, Interest Rate at Period End						6.50%			6.50%	6.50%
Line of Credit Facility, Current Borrowing Capacity						$ 5,900						$ 8,500
Revolving Lines, North America [Member] | North American Loan Parties [Member]
Line of Credit Facility, Capital Expenditures Restrictions	$ 5,000
Line of Credit Facility, Common Stock Repurchase Restrictions	$ 3,000
Line of Credit Facility, Fixed Charge Coverage Ratio Required	1.10					1.10	1.10
Line of Credit Facility, Covenant Terms, EBITDA Ratio, Minimum Undrawn Availability for Five Consecutive Days	$ 3,000
Line of Credit Facility, Covenant Terms, EBITDA Ratio, Minimum Undrawn Availability	$ 2,000
Line of Credit Facility, Default, Additional Interest Rate	2%
Revolving Lines, North America [Member] | Base Rate [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	1%
Revolving Lines, North America [Member] | Base Rate [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	1.50%
Revolving Lines, North America [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	2%
Revolving Lines, North America [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	2.50%
Foreign Revolving Lines [Member]
Line of Credit Facility, Maximum Borrowing Capacity						$ 19,600
Line of Credit Facility, Guaranteed Amount						600
Letters of Credit Outstanding, Amount						2,600
Proceeds from Issuance of Debt						8,700
Line of Credit Facility, Remaining Borrowing Capacity						8,200
Foreign Revolving Lines [Member] | Revolving Credit Lines Used by Middle Eastern Subsidiaries, 1 [Member]
Line of Credit Facility, Maximum Borrowing Capacity						$ 2,200			د.إ 8.0
Line of Credit Facility, Interest Rate at Period End						5.05%			5.05%	5.05%
Foreign Revolving Lines [Member] | Revolving Credit Lines Used by Middle Eastern Subsidiaries, 2 [Member]
Line of Credit Facility, Maximum Borrowing Capacity						$ 4,800			د.إ 17.5
Line of Credit Facility, Interest Rate at Period End						5.78%			5.78%	5.78%
Foreign Revolving Lines [Member] | Revolving Credit Lines Used by Middle Eastern Subsidiaries, 3 [Member]
Line of Credit Facility, Maximum Borrowing Capacity						$ 300			د.إ 1.0
Line of Credit Facility, Interest Rate at Period End						5.78%			5.78%	5.78%
Foreign Revolving Lines [Member] | Revolving Credit Lines Used by Middle Eastern Subsidiaries, 4 [Member]
Line of Credit Facility, Maximum Borrowing Capacity						$ 500			د.إ 2.0
Line of Credit Facility, Interest Rate at Period End						6.53%			6.53%	6.53%
Foreign Revolving Lines [Member] | Revolving Credit Lines Used by Egypt Subsidiaries [Member]
Line of Credit Facility, Maximum Borrowing Capacity						$ 5,300								ج.م. 100.0
Foreign Revolving Lines [Member] | Revolving Credit Lines Used by Egypt Subsidiaries 2 [Member]
Line of Credit Facility, Maximum Borrowing Capacity						$ 1,200				ج.م. 22.7			ج.م. 28.2
Line of Credit Facility, Interest Rate at Period End						8%			8%	8%
Foreign Revolving Lines [Member] | Revolving Credit Lines Used by Saudi Arabian Subsidiary [Member]
Line of Credit Facility, Maximum Borrowing Capacity						$ 5,300					ر.س 20
Line of Credit Facility, Interest Rate at Period End											6.50%
Foreign Revolving Lines [Member] | Minimum [Member]
Line of Credit Facility, Interest Rate at Period End						5.05%			5.05%	5.05%
Debt Instrument, Interest Rate, Stated Percentage						4.50%			4.50%	4.50%
Foreign Revolving Lines [Member] | Maximum [Member]
Line of Credit Facility, Interest Rate at Period End						8%			8%	8%
Foreign Revolving Lines [Member] | Weighted Average [Member]
Line of Credit Facility, Interest Rate at Period End						7.21%			7.21%	7.21%
Foreign Revolving Lines [Member] | EIBOR [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate						3%	3%
Foreign Revolving Lines [Member] | EIBOR [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate						3.50%	3.50%
Foreign Revolving Lines [Member] | SIBOR [Member]
Debt Instrument, Basis Spread on Variable Rate						3.50%	3.50%

Note 10 - Leases (Details Textu

Note 10 - Leases (Details Textual) $ in Thousands, د.إ in Millions, $ in Millions	3 Months Ended				6 Months Ended	12 Months Ended
	Jul. 31, 2022 USD ($)	Apr. 30, 2022 USD ($)	Jul. 31, 2021 USD ($)	Oct. 31, 2020 AED (د.إ)	Jul. 31, 2022 USD ($)	Jan. 31, 2020 USD ($)	Jan. 31, 2018 USD ($)	Jan. 31, 2022 USD ($)	Jan. 31, 2020 CAD ($)	Jan. 31, 2018 CAD ($)
Operating Lease, Liability, Total	$ 8,091				$ 8,091			$ 12,766
Operating Lease, Right-of-Use Asset	7,176				7,176			11,213
Finance Lease, Liability, Total	347				347			$ 530
Operating Lease, Expense	700		$ 700
Other Assets [Member]
Finance Lease, Right-of-Use Asset, after Accumulated Amortization, Total	600				600
Maximum [Member]
Lessee, Operating Lease, Term of Contract (Year)								30 years
Minimum [Member]
Lessee, Operating Lease, Term of Contract (Year)								1 year
Finance Vehicle Equipment, One [Member]
Finance Lease, Right-of-Use Asset, after Accumulated Amortization, Total						$ 800	$ 800		$ 1.1	$ 1.1
Interest Rate for Finance Lease						8%			8%
Finance Vehicle Equipment, One [Member] | Maximum [Member]
Interest Rate for Finance Lease							7.80%			7.80%
Finance Lease, Principal Payments and Interest Payment on Liability						$ 100	$ 100
Finance Vehicle Equipment, One [Member] | Minimum [Member]
Interest Rate for Finance Lease							4%			4%
Abu Dhabi Land Lease [Member]
Lessee, Operating Lease, Annual Payment				د.إ 1.2	300
Decrease in Operating Lease Liability, Current	300				300
Decrease in Operating Lease Liability, Noncurrent	4,000				4,000
Decrease in Operating Lease Right-of-use Asset	$ 3,600				$ 3,600
Decrease in Operating Lease Expense		$ 800

Note 10 - Leases - Supplemental

Note 10 - Leases - Supplemental Balance Sheet Information Related to Leases (Details) - USD ($) $ in Thousands	Jul. 31, 2022	Jan. 31, 2022
Property and Equipment - net	$ 24,385	$ 24,756
Finance lease liability long-term	9,271	9,327
Total finance lease liabilities	347	530
Operating Lease, Right-of-Use Asset	7,176	11,213
Operating lease liability short-term	1,316	1,496
Operating lease liability long-term	6,775	11,270
Total operating lease liabilities	8,091	12,766
Other Current Liabilities [Member]
Finance lease liability short-term	326	357
Operating lease liability short-term	1,316	1,496
Other Noncurrent Liabilities [Member]
Finance lease liability long-term	21	173
Operating lease liability long-term	6,775	11,270
Finance Leases Assets [Member]
Property and Equipment - gross	1,214	1,221
Accumulated depreciation and amortization	(613)	(490)
Property and Equipment - net	$ 601	$ 731

Note 10 - Leases - Lease Costs

Note 10 - Leases - Lease Costs (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Amortization of ROU assets		$ 62	$ 65	$ 125	$ 119
Interest on lease liabilities		8	15	18	28
Operating lease costs		694	625	587	1,273
Short-term lease costs (1)	[1]	13	102	72	195
Sub-lease income		(27)	(20)	(40)	(40)
Total Lease costs		$ 750	$ 787	$ 762	$ 1,575
[1]Includes variable lease costs, which are immaterial

Note 10 - Leases - Supplement_2

Note 10 - Leases - Supplemental Cash Flow Information Related to Leases (Details) - USD ($) $ in Thousands	6 Months Ended
	Jul. 31, 2022	Jul. 31, 2021
Financing cash outflows from finance leases	$ 178	$ 117
Operating cash outflows from finance leases	18	13
Operating cash outflows from operating leases	696	501
Finance leases liabilities	0	0
Operating leases liabilities	$ 0	$ 52

Note 10 - Leases - Weighted-ave

Note 10 - Leases - Weighted-average Lease Terms and Discount Rates (Details)	Jul. 31, 2022
Finance leases (Year)	1 year
Operating leases (Year)	16 years
Finance leases	9.40%
Operating leases	7.80%

Note 10 - Leases - Maturities o

Note 10 - Leases - Maturities of Lease Liabilities (Details) - USD ($) $ in Thousands	Jul. 31, 2022	Jan. 31, 2022
For the six months ended January 31, 2023, operating leases	$ 1,639
For the six months ended January 31, 2023, finance leases, finance leases	186
For the year ended January 31, 2024, operating leases	1,761
For the year ended January 31, 2024, finance leases	176
For the year ended January 31, 2025, operating leases	935
For the year ended January 31, 2025, finance leases	0
For the year ended January 31, 2026, operating leases	725
For the year ended January 31, 2026	0
For the year ended January 31, 2027, operating leases	725
For the year ended January 31, 2027, finance leases	0
For the year ended January 31, 2028, operating leases	689
For the year ended January 31, 2028, finance leases	0
Thereafter, operating leases	8,975
Thereafter, finance leases	0
Total lease payments, operating leases	15,449
Total lease payments, finance leases	362
Less: amount representing interest, operating leases	(7,358)
Less: amount representing interest, finance leases	(15)
Total lease liabilities, operating leases	8,091	$ 12,766
Total lease liabilities, finance leases	$ 347	$ 530

Note 11 - Restricted Cash (Deta

Note 11 - Restricted Cash (Details Textual) - USD ($) $ in Thousands	Jul. 31, 2022	Jan. 31, 2022	Jul. 31, 2021
Restricted Cash, Current	$ 1,501	$ 1,557	$ 1,217
Non-US [Member]
Restricted Cash, Current	$ 1,500		$ 1,200

Note 11 - Restricted Cash - Sum

Note 11 - Restricted Cash - Summary of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands	Jul. 31, 2022	Jan. 31, 2022	Jul. 31, 2021
Cash and cash equivalents	$ 6,192	$ 8,214	$ 5,509
Restricted cash	1,501	$ 1,557	1,217
Cash, cash equivalents and restricted cash shown in the statement of cash flows	$ 7,693		$ 6,726

Note 14 - Treasury Stock (Detai

Note 14 - Treasury Stock (Details Textual) - USD ($) $ in Millions	Jul. 31, 2022	Oct. 04, 2021
Stock Repurchase Program, Authorized Amount		$ 3
Stock Repurchase Program, Authorized Repurchase Amount Used	$ 2

Note 14 - Treasury Stock - Repu

Note 14 - Treasury Stock - Repurchases of Common Stock (Details) - $ / shares	1 Months Ended			3 Months Ended	6 Months Ended
	Jul. 31, 2022	Jun. 30, 2022	May 31, 2022	Jul. 31, 2022	Jul. 31, 2022	Jul. 31, 2021
Approximate dollar value of shares that may yet be purchased under the plans or programs (in shares)	964,496	1,008,444	1,008,444	964,496	964,496
Publicly Announced Share Repurchase Program [Member]
Total number of shares purchased (in shares)	4,887	0	0	4,887
Treasury Stock [Member]
Total number of shares purchased (in shares)	4,887	0	0	4,887	4,887	234,281
Average price paid per share (in dollars per share)	$ 8.85	$ 0	$ 0