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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2022
Jan. 31, 2022
Apr. 30, 2021
Current assets:      
Cash $ 539 $ 1,359 $ 556
Trade accounts receivables, net 13,326 17,769 14,334
Other receivables 85 118 39
Income tax receivable 135 152 85
Inventories 66,297 47,373 42,875
Prepaid expenses and other current assets 2,156 2,076 2,099
Total current assets 82,538 68,847 59,988
Property, plant and equipment:      
Land 3,731 3,731 3,731
Land improvements 653 653 734
Buildings and building improvements 51,375 51,334 51,262
Machinery and equipment 113,901 113,315 111,779
Leasehold improvements 1,009 1,009 989
Total property, plant and equipment 170,669 170,042 168,495
Less accumulated depreciation and amortization 135,844 134,715 132,392
Net property, plant and equipment 34,825 35,327 36,103
Operating lease right-of-use assets 12,892 13,870 16,682
Deferred tax assets, net 769 399 12,879
Other assets, net 8,383 8,002 8,020
Total assets 139,407 126,445 133,672
Current liabilities:      
Accounts payable 19,437 19,785 12,976
Accrued compensation and employee benefits 5,055 5,596 4,597
Current portion of long-term debt 18,905 340 2,990
Current portion operating lease liability 4,769 4,734 4,715
Other accrued liabilities 6,049 5,829 4,364
Total current liabilities 54,215 36,284 29,642
Non-current liabilities:      
Accrued self-insurance retention 1,533 965 1,530
Accrued pension expenses 15,332 15,430 21,520
Income tax payable 76 71 71
Long-term debt, less current portion 14,564 14,173 14,795
Operating lease liability, less current portion 10,297 11,437 14,573
Other long-term liabilities 640 639 683
Total non-current liabilities 42,442 42,715 53,172
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 16,102,023 shares at 4/30/2022 and 1/31/2022 and 15,918,642 at 4/30/2021 161 161 159
Additional paid-in capital 120,745 120,492 119,908
Accumulated deficit (72,262) (67,178) (55,951)
Accumulated other comprehensive loss (5,894) (6,029) (13,258)
Total stockholders’ equity 42,750 47,446 50,858
Total liabilities and stockholders’ equity $ 139,407 $ 126,445 $ 133,672