Financial Instruments and Risk Management |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||
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Apr. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Derivative Instruments and Hedging Activities Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Instruments and Risk Management | Note 9 – Financial Instruments and Risk Management We use foreign currency-denominated debt to partially hedge our net investment in our operations in Europe against adverse movements in exchange rates. A portion of the Euro-denominated debt is currently designated and is effective as an economic hedge of part of our net investment in our German operation.. On January 31, 2025, we assessed the effectiveness of this net investment hedge and determined that it was no longer highly effective, and accordingly, future changes in the carrying value of this non-derivative hedging instrument would have to be recorded in “other expenses” in the consolidated statements of income (loss). To address this situation, the Euro-denominated debt has been designated as an economic hedge of part of our net investment in our German operation in place of part of our net investment in our Portuguese operation effective January 31, 2025. F gains or losses due to spot rate fluctuations on the Euro-denominated debt are included in the foreign currency translation adjustments in the condensed consolidated statements of comprehensive income for each of the three months ended April 30, 2026, and 2025, and within the accumulated other comprehensive items in the shareholders' equity section of the condensed consolidated balance sheet as of April 30, 2026 as follows:
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