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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2020
Jan. 31, 2019
Current assets:    
Cash $ 1,150 $ 738
Trade accounts receivables (net of allowance for doubtful accounts of $200 at January 31, 2020 and 2019) 11,762 13,253
Other receivables 57 40
Income tax receivable 298 175
Inventories, net 43,329 47,289
Prepaid expenses and other current assets 1,746 1,616
Total current assets 58,342 63,111
Property, plant and equipment    
Land 3,731 3,731
Land improvements 717 688
Buildings and building improvements 51,200 51,176
Machinery and equipment 110,610 108,253
Leasehold improvements 990 830
Total property, plant and equipment 167,248 164,678
Less accumulated depreciation and amortization 127,351 122,758
Net property, plant and equipment 39,897 41,920
Operating lease right-of-use assets 21,325 0
Deferred income tax assets, net 11,230 9,598
Other assets 8,198 8,484
Total assets 138,992 123,113
Current liabilities:    
Accounts payable 10,587 17,760
Accrued compensation and employee benefits 6,392 4,568
Current portion of long-term debt 878 5,504
Current portion operating lease liability 3,654 0
Other accrued liabilities 3,607 4,293
Total current liabilities 25,118 32,125
Non-current liabilities:    
Accrued self-insurance 1,410 1,190
Accrued retirement benefits 21,310 14,487
Income tax payable 70 45
Long-term debt, less current portion 15,818 15,910
Operating lease liability, less current portion 19,787 0
Other long-term liabilities 661 2,329
Total non-current liabilities 59,056 33,961
Commitments and contingencies
Preferred stock:    
Authorized 3,000,000 shares, $.01 par value; none issued or outstanding 0 0
Common stock:    
Authorized 25,000,000 shares, $.01 par value; issued and outstanding 15,713,549 shares in 2020 and 15,541,956 shares in 2019 157 155
Additional paid-in capital 118,782 118,106
Accumulated deficit (49,810) (52,192)
Accumulated other comprehensive loss (14,311) (9,042)
Total stockholders’ equity 54,818 57,027
Total liabilities and stockholders’ equity $ 138,992 $ 123,113