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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2024
Jan. 31, 2024
Apr. 30, 2023
Current assets:      
Cash $ 644 $ 5,286 $ 625
Trade accounts receivables, net 19,772 23,161 15,524
Income tax receivable 66 0 321
Inventories 71,333 58,371 85,640
Prepaid expenses and other current assets 3,974 2,208 2,733
Total current assets 95,789 89,026 104,843
Property, plant and equipment:      
Land 3,731 3,731 3,731
Land improvements 694 694 686
Buildings and building improvements 51,575 51,576 51,391
Machinery and equipment 115,215 114,400 114,655
Leasehold improvements 523 523 983
Total property, plant and equipment 171,738 170,924 171,446
Less accumulated depreciation and amortization 137,664 136,356 136,779
Net property, plant and equipment 34,074 34,568 34,667
Operating lease right-of-use assets 6,274 6,508 9,326
Deferred tax assets, net 6,705 6,634 8,249
Other assets, net 9,631 9,709 8,848
Total assets 152,473 146,445 165,933
Current liabilities:      
Accounts payable 19,202 12,945 23,628
Accrued compensation and employee benefits 5,626 10,880 9,416
Income tax payable 0 145 0
Current portion of long-term debt 250 248 20,362
Current portion operating lease liability 6,221 5,744 5,271
Other accrued liabilities 10,362 8,570 7,868
Total current liabilities 41,661 38,532 66,545
Non-current liabilities:      
Accrued self-insurance retention 1,244 650 1,251
Accrued pension expenses 9,480 9,429 10,802
Income tax payable, less current portion 206 128 85
Long-term debt, less current portion 6,766 4,136 14,323
Operating lease liability, less current portion 915 1,829 5,648
Other long-term liabilities 564 562 557
Total non-current liabilities 19,175 16,734 32,666
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 16,207,612 shares at 4/30/2024, 16,347,314 at 1/31/2024, and 16,210,985 at 4/30/2023 162 164 162
Additional paid-in capital 120,048 121,373 120,993
Accumulated deficit (27,235) (29,048) (52,073)
Accumulated other comprehensive loss (1,338) (1,310) (2,360)
Total stockholders’ equity 91,637 91,179 66,722
Total liabilities and stockholders’ equity $ 152,473 $ 146,445 $ 165,933