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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2023
Jan. 31, 2023
Jul. 31, 2022
Current assets:      
Cash $ 1,600 $ 1,057 $ 2,179
Trade accounts receivables, net 68,592 18,435 44,286
Other receivables 58 68 95
Income tax receivable 0 19 111
Inventories 71,853 67,406 61,228
Prepaid expenses and other current assets 2,228 2,083 2,068
Total current assets 144,331 89,068 109,967
Property, plant and equipment:      
Land 3,731 3,731 3,731
Land improvements 686 686 653
Buildings and building improvements 51,441 51,310 51,456
Machinery and equipment 115,899 113,662 115,029
Leasehold improvements 977 983 1,012
Total property, plant and equipment 172,734 170,372 171,881
Less accumulated depreciation and amortization 137,392 135,810 136,973
Net property, plant and equipment 35,342 34,562 34,908
Operating lease right-of-use assets 8,285 10,120 12,115
Deferred tax assets, net 7,100 7,800 488
Other assets, net 9,279 8,576 8,051
Total assets 204,337 150,126 165,529
Current liabilities:      
Accounts payable 27,854 19,448 27,290
Accrued compensation and employee benefits 10,983 9,554 6,873
Income tax payable 3,325 0 0
Current portion of long-term debt 32,256 7,360 22,736
Current portion operating lease liability 5,386 5,082 4,909
Other accrued liabilities 11,259 7,081 10,057
Total current liabilities 91,063 48,525 71,865
Non-current liabilities:      
Accrued self-insurance retention 934 1,050 1,436
Accrued pension expenses 10,827 10,676 15,238
Long-term debt, less current portion 14,261 14,384 14,504
Operating lease liability, less current portion 4,317 6,796 9,241
Other long-term liabilities 640 634 740
Total non-current liabilities 30,979 33,540 41,159
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 16,347,314 shares at 7/31/2023 and 16,210,985 at 1/31/2023 and 7/31/2022 164 162 162
Additional paid-in capital 121,030 120,890 120,684
Accumulated deficit (36,539) (50,631) (62,582)
Accumulated other comprehensive loss (2,360) (2,360) (5,759)
Total stockholders’ equity 82,295 68,061 52,505
Total liabilities and stockholders’ equity $ 204,337 $ 150,126 $ 165,529
Common Stock, Shares, Issued 16,347,314 16,210,985 16,210,985
Common stock, shares outstanding (shares) 16,347,314 16,210,985 16,210,985