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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2023
Jan. 31, 2022
Current assets:    
Cash $ 1,057 $ 1,359
Trade accounts receivables (net of allowance for doubtful accounts of $200 at January 31, 2023 and 2022) 18,435 17,769
Other receivables 68 118
Income tax receivable 19 152
Inventories 67,406 47,373
Prepaid expenses and other current assets 2,083 2,076
Total current assets 89,068 68,847
Property, plant, and equipment    
Land 3,731 3,731
Land improvements 686 653
Buildings and building improvements 51,310 51,334
Machinery and equipment 113,662 113,315
Leasehold improvements 983 1,009
Total property, plant, and equipment 170,372 170,042
Less accumulated depreciation and amortization 135,810 134,715
Net property, plant, and equipment 34,562 35,327
Operating lease right-of-use assets 10,120 13,870
Deferred income tax assets, net 7,800 399
Other assets 8,576 8,002
Total assets 150,126 126,445
Current liabilities:    
Accounts payable 19,448 19,785
Accrued compensation and employee benefits 9,554 5,596
Current portion of long-term debt 7,360 340
Current portion of operating lease liability 5,082 4,734
Other accrued liabilities 7,081 5,829
Total current liabilities 48,525 36,284
Non-current liabilities:    
Accrued self-insurance 1,050 965
Accrued retirement benefits 10,676 15,430
Income tax payable 79 71
Long-term debt, less current portion 14,384 14,173
Operating lease liability, less current portion 6,796 11,437
Other long-term liabilities 555 639
Total non-current liabilities 33,540 42,715
Commitments and contingencies
Preferred stock:    
Authorized 3,000,000 shares, $0.01 par value; none issued or outstanding 0 0
Common stock:    
Authorized 25,000,000 shares, $0.01 par value; issued and outstanding 16,210,985 shares in 2023 and 16,102,023 shares in 2022 162 161
Additional paid-in capital 120,890 120,492
Accumulated deficit (50,631) (67,178)
Accumulated other comprehensive loss (2,360) (6,029)
Total stockholders’ equity 68,061 47,446
Total liabilities and stockholders’ equity $ 150,126 $ 126,445