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## Note 8. Income Taxes 

The provision for income taxes for the fiscal years ended January 31, 2001, 2000 and 1999 consists of the following components (in thousands) : 

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Deferred income taxes reflect the tax effect of temporary differences between the amount of assets and liabilities recognized for financial reporting purposes and such amounts recognized for tax purposes. Deferred income taxes have been classified as current or noncurrent on the consolidated balance sheets based on the underlying temporary differences and the expected due dates of taxes payable upon reversal. Significant com- ponents of the Company's deferred income tax assets and liabilities for the fiscal year ended January 31, 2001 and 2000 consist of the following (in thousands) : 

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