CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Jul. 31, 2011	Jan. 31, 2011
ASSETS
Cash and cash equivalents	$ 6,660,525	$ 6,074,505
Accounts receivable, net of allowance for doubtful accounts of $312,900 at July 31, 2011, and $210,100 at January 31, 2011	16,700,175	14,477,442
Inventories, net of reserves of $1,386,000 at July 31, 2011, and $1,495,000 at January 31, 2011	50,580,548	45,917,775
Deferred income taxes	2,274,830	2,296,941
Prepaid income and VAT tax	1,476,339	1,814,691
Other current assets	2,166,486	2,338,585
Total current assets	79,858,903	72,919,939
Property and equipment, net	14,490,120	13,901,389
Intangibles and other assets, net	9,053,403	8,256,904
Goodwill	6,625,974	6,297,751
Total assets	110,028,400	101,375,983
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable	6,675,508	6,503,935
Accrued compensation and benefits	1,939,763	1,411,599
Other accrued expenses	1,331,463	2,701,918
Current maturity of long-term debt	504,658	100,050
Total current liabilities	10,451,392	10,717,502
Borrowings under revolving credit facility	16,081,015	11,485,698
Long-term debt, net of current maturity	2,713,484	1,592,461
VAT taxes payable long-term	3,314,445	3,309,811
Other liabilities	111,039	103,270
Total liabilities	32,671,375	27,208,742
Commitments and Contingencies
Stockholders' equity:
Preferred stock, $.01 par; authorized 1,500,000 shares (none issued)	0	0
Common stock, $.01 par; authorized 10,000,000 shares, Issued, 5,581,678 and 5,568,744; outstanding, 5,225,237 and 5,254,303 at July 31, 2011 and January 31, 2011, respectively	55,817	55,687
Treasury stock, at cost, 356,441 shares at July 31, 2011, and 314,441 shares at January 31, 2011	(3,352,291)	(3,012,920)
Additional paid-in capital	50,600,027	50,279,613
Retained earnings	27,940,238	26,193,049
Accumulated other comprehensive income	2,113,234	651,812
Total stockholders' equity	77,357,025	74,167,241
Total liabilities and stockholders' equity	$ 110,028,400	$ 101,375,983