SEGMENT REPORTING (Tables)

12 Months Ended

Jan. 31, 2026

SEGMENT REPORTING

Schedule of operating results and financial position data of the Company's reportable segments


Year Ended
January 31, 2026		Power			Industrial			Teledata			Totals
Revenues		$	756,499		$	167,553		$	20,554		$	944,606
Cost of revenues			587,160			147,226			16,542			750,928
Gross profit			169,339			20,327			4,012			193,678
Selling, general and administrative expenses			33,354			7,215			3,782			44,351
Income from operations			135,985			13,112			230			149,327
Other income, net			21,009			31			41			21,081
Segment income before income taxes		$	156,994		$	13,143		$	271			170,408
Corporate												(9,899)
Consolidated income before income taxes												160,509
Provision for income taxes												22,735
Net income											$	137,774


Year Ended											Segment						Consolidated
January 31, 2026		Power			Industrial			Teledata			Totals			Corporate			Totals
Amortization of intangibles		$	—		$	376		$	—		$	376		$	—		$	376
Depreciation			933			610			351			1,894			18			1,912
Property, plant and equipment additions			2,588			939			262			3,789			88			3,877

Current assets		$	869,437		$	80,249		$	5,440		$	955,126		$	177,131		$	1,132,257
Current liabilities			629,223			74,732			4,730			708,685			2,572			711,257
Goodwill			18,476			9,467			90			28,033			—			28,033
Total assets			903,692			96,256			8,595			1,008,543			177,811			1,186,354


Year Ended
January 31, 2025		Power			Industrial			Teledata			Totals
Revenues		$	693,036		$	167,624		$	13,519		$	874,179
Cost of revenues			577,563			145,329			10,298			733,190
Gross profit			115,473			22,295			3,221			140,989
Selling, general and administrative expenses			30,742			7,408			2,897			41,047
Income from operations			84,731			14,887			324			99,942
Other income (loss), net			19,362			(14)			9			19,357
Segment income before income taxes		$	104,093		$	14,873		$	333			119,299
Corporate												(8,095)
Consolidated income before income taxes												111,204
Provision for income taxes												25,745
Net income											$	85,459


Year Ended											Segment						Consolidated
January 31, 2025		Power			Industrial			Teledata			Totals			Corporate			Totals
Amortization of intangibles		$	—		$	391		$	—		$	391		$	—		$	391
Depreciation			686			799			417			1,902			3			1,905
Property, plant and equipment additions			5,788			523			270			6,581			2			6,583

Current assets		$	617,027		$	45,985		$	3,831		$	666,843		$	114,457		$	781,300
Current liabilities			459,118			16,133			2,127			477,378			2,479			479,857
Goodwill			18,476			9,467			90			28,033			—			28,033
Total assets			650,793			62,032			6,339			719,164			117,063			836,227


Year Ended
January 31, 2024		Power			Industrial			Teledata			Totals
Revenues		$	416,281		$	142,801		$	14,251		$	573,333
Cost of revenues			357,705			124,321			10,473			492,499
Gross profit			58,576			18,480			3,778			80,834
Selling, general and administrative expenses			24,274			6,440			2,469			33,183
Income from operations			34,302			12,040			1,309			47,651
Other income (loss), net			13,871			—			(3)			13,868
Segment income before income taxes		$	48,173		$	12,040		$	1,306			61,519
Corporate												(12,586)
Consolidated income before income taxes												48,933
Provision for income taxes												16,575
Net income											$	32,358


Year Ended											Segment						Consolidated
January 31, 2024		Power			Industrial			Teledata			Totals			Corporate			Totals
Amortization of intangibles		$	—		$	392		$	—		$	392		$	—		$	392
Depreciation			527			1,073			409			2,009			4			2,013
Property, plant and equipment additions			1,266			1,014			473			2,753			3			2,756

Current assets		$	383,508		$	59,123		$	3,872		$	446,503		$	100,676		$	547,179
Current liabilities			256,975			41,869			1,591			300,435			1,825			302,260
Goodwill			18,476			9,467			90			28,033			—			28,033
Total assets			411,571			76,012			6,703			494,286			103,943			598,229