| Assets and Liabilities Measured at Fair Value on Recurring Basis |
The following tables present the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of July 31, 2026 and 2025 and January 31, 2026 (in thousands):
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Fair Value at July 31, 2026 |
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Balance Sheet Location |
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Level 1 |
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Level 2 |
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Level 3 |
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Total |
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Assets: |
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Available-for-sale securities |
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Other current assets |
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$ |
341 |
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$ |
— |
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$ |
— |
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$ |
341 |
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Short-term investment |
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Other current assets |
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|
148 |
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— |
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— |
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|
148 |
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SERP assets - employer |
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Other non-current assets |
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|
713 |
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— |
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— |
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|
713 |
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SERP assets - employee |
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Other non-current assets |
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|
57,524 |
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— |
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— |
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|
57,524 |
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Defined benefit plan assets |
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Other non-current liabilities |
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|
— |
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— |
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38,665 |
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|
38,665 |
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Hedge derivatives |
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Other current assets |
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|
— |
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|
87 |
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— |
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|
87 |
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Total |
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$ |
58,726 |
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$ |
87 |
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$ |
38,665 |
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$ |
97,478 |
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Liabilities: |
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SERP liabilities - employee |
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Other non-current liabilities |
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$ |
57,524 |
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$ |
— |
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$ |
— |
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$ |
57,524 |
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Hedge derivatives |
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Accrued liabilities |
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— |
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|
145 |
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— |
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|
145 |
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Total |
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$ |
57,524 |
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$ |
145 |
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$ |
— |
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$ |
57,669 |
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Fair Value at January 31, 2026 |
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Balance Sheet Location |
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Level 1 |
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Level 2 |
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Level 3 |
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Total |
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Assets: |
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Available-for-sale securities |
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Other current assets |
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$ |
281 |
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|
$ |
— |
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$ |
— |
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$ |
281 |
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Short-term investment |
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Other current assets |
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|
153 |
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— |
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— |
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|
153 |
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SERP assets - employer |
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Other non-current assets |
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|
607 |
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— |
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— |
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|
607 |
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SERP assets - employee |
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Other non-current assets |
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|
55,739 |
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— |
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— |
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|
55,739 |
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Defined benefit plan assets |
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Other non-current liabilities |
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|
— |
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— |
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|
40,045 |
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|
40,045 |
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Hedge derivatives |
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Other current assets |
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|
— |
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|
484 |
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|
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— |
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|
|
484 |
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Total |
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$ |
56,780 |
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$ |
484 |
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$ |
40,045 |
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$ |
97,309 |
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Liabilities: |
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SERP liabilities - employee |
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Other non-current liabilities |
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$ |
55,739 |
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$ |
— |
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$ |
— |
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$ |
55,739 |
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Hedge derivatives |
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Accrued liabilities |
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— |
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|
10 |
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— |
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|
10 |
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Total |
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$ |
55,739 |
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$ |
10 |
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$ |
— |
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$ |
55,749 |
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Fair Value at July 31, 2025 |
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Balance Sheet Location |
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Level 1 |
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Level 2 |
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Level 3 |
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Total |
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Assets: |
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|
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|
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Available-for-sale securities |
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Other current assets |
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$ |
268 |
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|
$ |
— |
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$ |
— |
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$ |
268 |
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Short-term investment |
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Other current assets |
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|
150 |
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— |
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— |
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|
150 |
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SERP assets - employer |
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Other non-current assets |
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|
724 |
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— |
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— |
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|
724 |
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SERP assets - employee |
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Other non-current assets |
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|
53,422 |
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— |
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— |
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|
53,422 |
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Defined benefit plan assets |
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Other non-current liabilities |
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|
— |
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— |
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|
35,616 |
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|
35,616 |
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Hedge derivatives |
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Other current assets |
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|
— |
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|
113 |
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— |
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|
113 |
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Total |
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$ |
54,564 |
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$ |
113 |
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$ |
35,616 |
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$ |
90,293 |
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Liabilities: |
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SERP liabilities - employee |
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Other non-current liabilities |
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$ |
53,422 |
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|
$ |
— |
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|
$ |
— |
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$ |
53,422 |
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Hedge derivatives |
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Accrued liabilities |
|
|
— |
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|
979 |
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|
— |
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|
|
979 |
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Total |
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$ |
53,422 |
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$ |
979 |
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$ |
— |
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$ |
54,401 |
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