Note 9 - Taxes (Tables)
|
12 Months Ended |
Jan. 31, 2023 |
|---|
| Notes Tables |
|
| Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] |
| |
|
Fiscal 2023 |
|
|
Fiscal 2022 |
|
|
Fiscal 2021 |
|
| |
|
Successor |
|
|
Successor |
|
|
Predecessor (SLH) |
|
|
Predecessor (SLH) |
|
|
Predecessor (PL) |
|
| |
|
From |
|
|
From |
|
|
From |
|
|
From |
|
|
From |
|
| |
|
February 1, 2022 to |
|
|
June 12, 2021 to |
|
|
February 1, 2021 |
|
|
August 28, 2020 |
|
|
February 1, 2020 |
|
| |
|
January 31, 2023 |
|
|
January 31, 2022 |
|
|
to June 11, 2021 |
|
|
January 31, 2021 |
|
|
to August 27, 2020 |
|
| Domestic |
|
$ |
(129,542 |
) |
|
$ |
(12,247 |
) |
|
$ |
(21,838 |
) |
|
$ |
(75,389 |
) |
|
$ |
527,248 |
|
| Foreign |
|
|
(701,497 |
) |
|
|
(50,803 |
) |
|
|
(32,122 |
) |
|
|
(28,842 |
) |
|
|
2,463,403 |
|
| Income (loss) before income taxes |
|
$ |
(831,039 |
) |
|
$ |
(63,050 |
) |
|
$ |
(53,960 |
) |
|
$ |
(104,231 |
) |
|
$ |
2,990,651 |
|
|
| Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
| |
|
Fiscal 2023 |
|
|
Fiscal 2022 |
|
|
Fiscal 2021 |
|
| |
|
Successor |
|
|
Successor |
|
|
Predecessor (SLH) |
|
|
Predecessor (SLH) |
|
|
Predecessor (PL) |
|
| |
|
From |
|
|
From |
|
|
From |
|
|
From |
|
|
From |
|
| |
|
February 1, 2022 |
|
|
June 12, 2021 |
|
|
February 1, 2021 |
|
|
August 28, 2020 |
|
|
February 1, 2020 |
|
| |
|
to |
|
|
to |
|
|
to |
|
|
to |
|
|
to |
|
| |
|
January 31, 2023 |
|
|
January 31, 2022 |
|
|
June 11, 2021 |
|
|
January 31, 2021 |
|
|
August 27, 2020 |
|
| CURRENT |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Federal |
|
$ |
(2,246 |
) |
|
$ |
(8,786 |
) |
|
$ |
16,632 |
|
|
$ |
172 |
|
|
$ |
353 |
|
| State |
|
|
583 |
|
|
|
(5,571 |
) |
|
|
4,288 |
|
|
|
706 |
|
|
|
(21 |
) |
| Foreign |
|
|
4,716 |
|
|
|
643 |
|
|
|
1,267 |
|
|
|
121 |
|
|
|
982 |
|
| Current tax provision (benefit) |
|
|
3,053 |
|
|
|
(13,714 |
) |
|
|
22,187 |
|
|
|
999 |
|
|
|
1,314 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| DEFERRED |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Federal |
|
|
(17,734 |
) |
|
|
12,853 |
|
|
|
(14,042 |
) |
|
|
(9,224 |
) |
|
|
9,264 |
|
| State |
|
|
(4,285 |
) |
|
|
5,601 |
|
|
|
(6,189 |
) |
|
|
(3,145 |
) |
|
|
3,297 |
|
| Foreign |
|
|
(22,007 |
) |
|
|
(9,044 |
) |
|
|
(5,477 |
) |
|
|
(3,107 |
) |
|
|
46,818 |
|
| Deferred tax provision (benefit) |
|
|
(44,026 |
) |
|
|
9,410 |
|
|
|
(25,708 |
) |
|
|
(15,476 |
) |
|
|
59,379 |
|
| Income tax provision (benefit) |
|
$ |
(40,973 |
) |
|
$ |
(4,304 |
) |
|
$ |
(3,521 |
) |
|
$ |
(14,477 |
) |
|
$ |
60,693 |
|
|
| Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
| |
|
Fiscal 2023 |
|
|
Fiscal 2022 |
|
|
Fiscal 2021 |
|
| |
|
Successor |
|
|
Successor |
|
|
Predecessor (SLH) |
|
|
Predecessor (SLH) |
|
|
Predecessor (PL) |
|
| |
|
From |
|
|
From |
|
|
From |
|
|
From |
|
|
From |
|
| |
|
February 1, 2022 to |
|
|
June 12, 2021 to |
|
|
February 1, 2021 |
|
|
August 28, 2020 |
|
|
February 1, 2020 |
|
| |
|
January 31, 2023 |
|
|
January 31, 2022 |
|
|
to June 11, 2021 |
|
|
January 31, 2021 |
|
|
to August 27, 2020 |
|
| United States (21.0%) / Luxembourg (24.9%) / Ireland (12.5%) statutory rate |
|
|
21.0 |
% |
|
|
21.0 |
% |
|
|
24.9 |
% |
|
|
24.9 |
% |
|
|
12.5 |
% |
| Increase (decrease) resulting from: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| US State income taxes, net of federal benefit |
|
|
0.4 |
% |
|
|
7.5 |
% |
|
|
2.5 |
% |
|
|
6.1 |
% |
|
|
0.2 |
% |
| Foreign rate differential |
|
|
(6.2 |
)% |
|
|
(3.2 |
)% |
|
|
(10.0 |
)% |
|
|
(6.5 |
)% |
|
|
0.0 |
% |
| Global Intangible Low-Taxed Income |
|
|
(0.7 |
)% |
|
|
1.1 |
% |
|
|
0.0 |
% |
|
|
0.0 |
% |
|
|
0.0 |
% |
| Non-deductible expenses |
|
|
(0.1 |
)% |
|
|
(0.3 |
)% |
|
|
(0.3 |
)% |
|
|
(0.5 |
)% |
|
|
0.2 |
% |
| Non-deductible interest |
|
|
0.0 |
% |
|
|
0.0 |
% |
|
|
0.0 |
% |
|
|
0.0 |
% |
|
|
0.1 |
% |
| Non-deductible officer compensation |
|
|
(0.1 |
)% |
|
|
(3.8 |
)% |
|
|
0.0 |
% |
|
|
0.3 |
% |
|
|
0.0 |
% |
| Warrants |
|
|
0.6 |
% |
|
|
5.8 |
% |
|
|
0.0 |
% |
|
|
0.7 |
% |
|
|
0.0 |
% |
| Transaction costs |
|
|
0.0 |
% |
|
|
(2.4 |
)% |
|
|
(0.1 |
)% |
|
|
8.5 |
% |
|
|
0.0 |
% |
| Unrecognized tax benefit |
|
|
0.2 |
% |
|
|
(7.6 |
)% |
|
|
2.4 |
% |
|
|
0.4 |
% |
|
|
0.0 |
% |
| Change in valuation allowance |
|
|
4.6 |
% |
|
|
(15.8 |
)% |
|
|
(7.0 |
)% |
|
|
(10.4 |
)% |
|
|
(4.7 |
)% |
| Impairment of goodwill |
|
|
(10.1 |
)% |
|
|
0.0 |
% |
|
|
0.0 |
% |
|
|
0.0 |
% |
|
|
0.5 |
% |
| Reorganization and fresh start adjustments |
|
|
0.0 |
% |
|
|
0.0 |
% |
|
|
0.0 |
% |
|
|
(9.8 |
)% |
|
|
(7.5 |
)% |
| Return to provision adjustment |
|
|
(0.2 |
)% |
|
|
3.5 |
% |
|
|
(5.5 |
)% |
|
|
0.0 |
% |
|
|
0.7 |
% |
| Expired deferred tax assets |
|
|
(3.9 |
)% |
|
|
0.0 |
% |
|
|
0.0 |
% |
|
|
0.0 |
% |
|
|
0.0 |
% |
| Internal restructuring |
|
|
1.1 |
% |
|
|
0.0 |
% |
|
|
0.0 |
% |
|
|
0.0 |
% |
|
|
0.0 |
% |
| Other |
|
|
(1.7 |
)% |
|
|
1.0 |
% |
|
|
(0.4 |
)% |
|
|
0.2 |
% |
|
|
0.0 |
% |
| Effective tax rate |
|
|
4.9 |
% |
|
|
6.8 |
% |
|
|
6.5 |
% |
|
|
13.9 |
% |
|
|
2.0 |
% |
|
| Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
| |
|
Successor |
|
|
Successor |
|
| |
|
January 31, 2023 |
|
|
January 31, 2022 |
|
| ASSETS |
|
|
|
|
|
|
|
|
| Loss carryforwards |
|
$ |
102,563 |
|
|
$ |
77,586 |
|
| Deferred interest expense |
|
|
34,194 |
|
|
|
58,237 |
|
| Reserves and accruals |
|
|
7,500 |
|
|
|
16,309 |
|
| Lease liabilities |
|
|
2,635 |
|
|
|
2,702 |
|
| Tax credits |
|
|
72 |
|
|
|
880 |
|
| Transaction costs |
|
|
4,247 |
|
|
|
6,049 |
|
| Capitalized research and development expenses |
|
|
8,133 |
|
|
|
— |
|
| Other intangibles |
|
|
12,839 |
|
|
|
— |
|
| Other |
|
|
2,800 |
|
|
|
— |
|
| Gross deferred tax assets |
|
|
174,983 |
|
|
|
161,763 |
|
| Less: Valuation allowance |
|
|
(133,146 |
) |
|
|
(144,717 |
) |
| Net deferred tax assets |
|
|
41,837 |
|
|
|
17,046 |
|
| LIABILITIES |
|
|
|
|
|
|
|
|
| Intangibles |
|
|
(108,208 |
) |
|
|
(102,819 |
) |
| Property and equipment, net |
|
|
(1,489 |
) |
|
|
(5,823 |
) |
| Accrued interest |
|
|
(1,188 |
) |
|
|
(4,007 |
) |
| Right-of-use asset |
|
|
(2,737 |
) |
|
|
(2,549 |
) |
| Other |
|
|
(2,191 |
) |
|
|
(1,243 |
) |
| Gross deferred tax liabilities |
|
|
(115,813 |
) |
|
|
(116,441 |
) |
| Total deferred tax liabilities, net |
|
$ |
(73,976 |
) |
|
$ |
(99,395 |
) |
|
| Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] |
| |
|
Fiscal 2023 |
|
|
Fiscal 2022 |
|
|
Fiscal 2021 |
|
| |
|
Successor |
|
|
Successor |
|
|
Predecessor (SLH) |
|
|
Predecessor (SLH) |
|
|
Predecessor (PL) |
|
| |
|
From |
|
|
From |
|
|
From |
|
|
From |
|
|
From |
|
| |
|
February 1, 2022 to |
|
|
June 12, 2021 to |
|
|
February 1, 2021 |
|
|
August 28, 2020 |
|
|
February 1, 2020 |
|
| |
|
January 31, 2023 |
|
|
January 31, 2022 |
|
|
to June 11, 2021 |
|
|
January 31, 2021 |
|
|
to August 27, 2020 |
|
| Unrecognized tax benefits, beginning balances |
|
$ |
14,340 |
|
|
$ |
3,115 |
|
|
$ |
3,918 |
|
|
$ |
3,768 |
|
|
$ |
3,773 |
|
| Increases for tax positions taken during the current period |
|
|
— |
|
|
|
6,161 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Increases for tax positions taken during a prior period |
|
|
952 |
|
|
|
5,975 |
|
|
|
— |
|
|
|
37 |
|
|
|
35 |
|
| Decreases for tax positions taken during a prior period |
|
|
(210 |
) |
|
|
— |
|
|
|
(788 |
) |
|
|
— |
|
|
|
(40 |
) |
| Other |
|
|
(720 |
) |
|
|
(64 |
) |
|
|
(15 |
) |
|
|
452 |
|
|
|
— |
|
| Decreases resulting from the expiration of statute of limitations |
|
|
(2,042 |
) |
|
|
(847 |
) |
|
|
— |
|
|
|
(339 |
) |
|
|
— |
|
| Unrecognized tax benefits, ending balance |
|
$ |
12,320 |
|
|
$ |
14,340 |
|
|
$ |
3,115 |
|
|
$ |
3,918 |
|
|
$ |
3,768 |
|
|