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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2019
Jan. 31, 2019
Apr. 30, 2018
Current assets:      
Cash $ 553 $ 738 $ 3,372
Trade accounts receivables, net 12,375 13,253 8,983
Other receivables 64 40 135
Income tax receivable 263 175 178
Inventories 63,511 47,289 62,498
Prepaid expenses and other current assets 2,532 1,616 2,656
Total current assets 79,298 63,111 77,822
Property, plant and equipment:      
Land 3,731 3,731 3,731
Land improvements 688 688 688
Buildings and building improvements 51,176 51,176 51,176
Machinery and equipment 109,087 108,253 103,610
Leasehold improvements 830 830 815
Total property, plant and equipment 165,512 164,678 160,020
Less accumulated depreciation and amortization 124,159 122,758 118,382
Net property, plant and equipment 41,353 41,920 41,638
Operating lease right-of-use assets 23,295 0 0
Deferred tax assets, net 11,086 9,598 11,534
Other assets, net 8,276 8,484 8,513
Total assets 163,308 123,113 139,507
Current liabilities:      
Accounts payable 16,354 17,760 17,631
Accrued compensation and employee benefits 4,631 4,568 4,698
Current portion of long-term debt 24,226 5,504 24,266
Current portion operating lease liability 2,939 0 0
Other accrued liabilities 5,552 4,293 4,817
Total current liabilities 53,702 32,125 51,412
Non-current liabilities:      
Accrued self-insurance retention 1,773 1,190 2,242
Accrued pension expenses 14,218 14,487 14,380
Income tax payable 55 45 48
Long-term debt, less current portion 16,508 15,910 13,990
Operating lease liability, less current portion 22,221 0 0
Other long-term liabilities 555 2,329 2,171
Total non-current liabilities 55,330 33,961 32,831
Commitments and contingencies (Notes 7 and 14)
Preferred stock:      
Authorized 3,000,000 shares, $0.01 par value; none issued or outstanding 0 0 0
Common stock:      
Authorized 25,000,000 shares, $0.01 par value; issued and outstanding 15,541,956 shares at 4/30/2019 and 1/31/2019 and 15,357,457 at 4/30/2018 155 155 154
Additional paid-in capital 118,292 118,106 117,693
Accumulated deficit (55,259) (52,192) (53,451)
Accumulated other comprehensive loss (8,912) (9,042) (9,132)
Total stockholders’ equity 54,276 57,027 55,264
Total liabilities and stockholders’ equity $ 163,308 $ 123,113 $ 139,507