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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2020
Jan. 31, 2020
Apr. 30, 2019
Current assets:      
Cash $ 327 $ 1,150 $ 553
Trade accounts receivables, net 7,564 11,762 12,375
Other receivables 57 57 64
Income tax receivable 469 298 263
Inventories 58,190 43,329 63,511
Prepaid expenses and other current assets 2,413 1,746 2,532
Total current assets 69,020 58,342 79,298
Property, plant and equipment:      
Land 3,731 3,731 3,731
Land improvements 734 717 688
Buildings and building improvements 51,159 51,200 51,176
Machinery and equipment 111,250 110,610 109,087
Leasehold improvements 1,072 990 830
Total property, plant and equipment 167,946 167,248 165,512
Less accumulated depreciation and amortization 128,520 127,351 124,159
Net property, plant and equipment 39,426 39,897 41,353
Operating lease right-of-use assets 20,487 21,325 23,295
Deferred tax assets, net 14,481 11,230 11,086
Other assets, net 8,078 8,198 8,276
Total assets 151,492 138,992 163,308
Current liabilities:      
Accounts payable 16,656 10,587 16,354
Accrued compensation and employee benefits 5,979 6,392 4,631
Current portion of long-term debt 10,618 878 24,226
Current portion operating lease liability 4,527 3,654 2,939
Other accrued liabilities 4,606 3,607 5,552
Total current liabilities 42,386 25,118 53,702
Non-current liabilities:      
Accrued self-insurance retention 1,802 1,410 1,773
Accrued pension expenses 21,365 21,310 14,218
Income tax payable 74 70 55
Long-term debt, less current portion 15,630 15,818 16,508
Operating lease liability, less current portion 18,854 19,787 22,221
Other long-term liabilities 662 661 555
Total non-current liabilities 58,387 59,056 55,330
Commitments and contingencies (Notes 6, 7 and 13)
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 15,713,549 shares at 4/30/2020 and 1/31/2020 and 15,541,956 at 4/30/2019 157 157 155
Additional paid-in capital 119,036 118,782 118,292
Accumulated deficit (54,508) (49,810) (55,259)
Accumulated other comprehensive loss (13,966) (14,311) (8,912)
Total stockholders’ equity 50,719 54,818 54,276
Total liabilities and stockholders’ equity $ 151,492 $ 138,992 $ 163,308