Business Acquisitions and Discontinued Operations (Tables)

12 Months Ended

Jan. 31, 2013

Business Acquisitions and Discontinued Operations [Abstract]

Components of Purchase Price

 Fair value at the date of acquisition of the acquired tangible and intangible assets of Ingenium Testing were as follows:

Cash paid	$	12,002,000
Fair value of earn-out		400,000
Aggregate purchase price		12,402,000

Calgary Facility [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Discontinued Operations, Balance Sheet

The major classes of assets and liabilities of discontinued operations included in the Company's consolidated balance sheets as of January 31, 2013 and January 31, 2012 are as follows:

	January 31,2013			January 31,2012
Cash and cash equivalents	$	5,000		$	15,000
Accounts receivable, less allowance for doubtful
accounts of $15,000 at January 31,2012		-			105,000
Prepaid expenses		-			-
Property, plant and equipment, at cost		-			-
Accumulated depreciation		-			-
Total assets of discontinued operations	$	5,000		$	120,000
Accounts payable	$	-			-
Accrued expenses		(33,000	)		(84,000	)
Total liabilities of discontinued operations	$	(33,000	)	$	(84,000	)

Discontinued Operations, Income Statement

The results from discontinued operations for the year ending January 31, 2013 and 2012 are as follows:

	January 31,2013			January 31,2012
Net revenues	$	-		$	1,278,000
Cost of sales		3,000			1,305,000
Gross profit		(3,000	)		(27,000	)
Selling, general and administrative expenses		-			26,000
Recovery of receivable previously written off		-			(261,000	)
Other expense		-			23,000
Shut down expense		-			566,000
Loss from Calgary operations	$	(3,000	)	$	(381,000)
Income taxes		-			-
Loss from discontinued operations, net of tax	$	(3,000	)	$	(381,000)

Ingenium Testing [Member]

Business Acquisition [Line Items]

Schedule of preliminarily estimated fair value at date of acquisition of acquired tangible and intangible assets and liabilities

Property, plant and equipment		8,007,000
Intangible assets		4,200,000
Net liabilities assumed		(523,000	)
Fair value of assets and liabilities acquired		11,684,000
Goodwill	$	718,000

Lightning Technologies, Inc [Member]

Business Acquisition [Line Items]

Schedule of preliminarily estimated fair value at date of acquisition of acquired tangible and intangible assets and liabilities

 Fair value at the date of acquisition of the acquired tangible and intangible assets and assumed liabilities of LTI were as follows:

Cash paid	$	5,200,000
Working capital adjustment paid		148,000
Fair value of earn-out		500,000
Purchase price held back		900,000
Aggregate purchase price		6,748,000
Accounts receivable and other assets		1,062,000
Property, plant and equipment		1,702,000
Intangible assets		3,700,000
Net liabilities assumed		(228,000	)
Fair value of assets and liabilities acquired		6,236,000
Goodwill	$	512,000

Acquisition of Garwood Laboratories

Garwood Laboratories, Inc. [Member]

Business Acquisition [Line Items]

Schedule of preliminarily estimated fair value at date of acquisition of acquired tangible and intangible assets and liabilities

Fair value at the date of acquisition of the acquired tangible and intangible assets and liabilities of Garwood were as follows:

	Final Purchase Price
	and Purchase
	Accounting
Cash paid	$	3,165,000
Note payable		1,175,000
Purchase price held back		750,000
Working capital adjustment receivable		(198,000	)
Fair value of earn-out		200,000
Aggregate purchase price	$	5,092,000
Cash		49,000
Account Receivable, net		593,000
Property, plant and equipment		3,138,000
Other assets		23,000
Intangible assets		1,200,000
Accounts payable		(157,000	)
Accrued expenses		(131,000	)
Relocation expense		(300,000	)
Deferred taxes		(1,678,000	)
Fair value of assets and liabilities acquired		2,737,000
Goodwill	$	2,355,000