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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2022
Jan. 31, 2022
Jul. 31, 2021
Current assets:      
Cash $ 2,179 $ 1,359 $ 641
Trade accounts receivables, net 44,286 17,769 34,400
Other receivables 95 118 51
Income tax receivable 111 152 124
Inventories 61,228 47,373 42,393
Prepaid expenses and other current assets 2,068 2,076 2,151
Total current assets 109,967 68,847 79,760
Property, plant and equipment:      
Land 3,731 3,731 3,731
Land improvements 653 653 734
Buildings and building improvements 51,456 51,334 51,263
Machinery and equipment 115,029 113,315 112,544
Leasehold improvements 1,012 1,009 993
Total property, plant and equipment 171,881 170,042 169,265
Less accumulated depreciation and amortization 136,973 134,715 133,517
Net property, plant and equipment 34,908 35,327 35,748
Operating lease right-of-use assets 12,115 13,870 15,602
Deferred tax assets, net 488 399 10,840
Other assets, net 8,051 8,002 7,972
Total assets 165,529 126,445 149,922
Current liabilities:      
Accounts payable 27,290 19,785 18,821
Accrued compensation and employee benefits 6,873 5,596 5,502
Current portion of long-term debt 22,736 340 5,526
Current portion operating lease liability 4,909 4,734 4,678
Other accrued liabilities 10,057 5,829 9,147
Total current liabilities 71,865 36,284 43,674
Non-current liabilities:      
Accrued self-insurance retention 1,436 965 1,374
Accrued pension expenses 15,238 15,430 19,000
Income tax payable 73 71 65
Long-term debt, less current portion 14,504 14,173 14,738
Operating lease liability, less current portion 9,241 11,437 13,429
Other long-term liabilities 667 639 685
Total non-current liabilities 41,159 42,715 49,291
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 16,210,985 shares at 7/31/2022 and 16,102,023 at 1/31/2022 and 7/31/2021 162 161 161
Additional paid-in capital 120,684 120,492 119,985
Accumulated deficit (62,582) (67,178) (52,191)
Accumulated other comprehensive loss (5,759) (6,029) (10,998)
Total stockholders’ equity 52,505 47,446 56,957
Total liabilities and stockholders’ equity $ 165,529 $ 126,445 $ 149,922