CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Oct. 31, 2011	Jan. 31, 2011
ASSETS
Cash and cash equivalents	$ 5,946,651	$ 5,953,069
Accounts receivable, net of allowance for doubtful accounts of $222,300 at October 31, 2011 and $210,100 at January 31, 2011	15,242,845	14,377,188
Inventories, net of reserves of $1,458,000 at October 31, 2011 and $1,495,000 at January 31, 2011	47,312,694	45,295,295
Deferred income taxes	2,262,174	2,296,941
Assets of discontinued operation in India	2,980,841	3,669,601
Prepaid income and VAT tax	1,225,235	1,814,691
Other current assets	1,832,480	2,318,214
Total current assets	76,802,920	75,724,999
Property and equipment, net	13,588,861	11,096,329
Intangibles and other assets, net	8,739,949	8,256,904
Goodwill	6,258,740	6,297,751
Total assets	105,390,470	101,375,983
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable	5,389,716	6,474,468
Accrued compensation and benefits	1,934,763	1,411,599
Other accrued expenses	730,529	2,697,445
Liabilities of discontinued operation in India	366,207	33,940
Current maturity of long-term debt and short-term borrowing	1,455,508	100,050
Total current liabilities	9,876,723	10,717,502
Borrowings under revolving credit facility	12,705,632	11,485,698
Other long-term debt	4,483,941	1,592,461
Other liabilities	102,345	103,270
VAT taxes payable long-term	3,312,846	3,309,811
Total liabilities	30,481,487	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 October 31, 2011 and January 31, 2011, respectively	55,817	55,687
Treasury stock, at cost, 356,441 shares at October 31, 2011 and 314,441 shares at January 31, 2011	(3,352,291)	(3,012,920)
Additional paid-in capital	50,728,547	50,279,613
Retained earnings	27,363,703	26,193,049
Other comprehensive income	113,207	651,812
Total stockholders' equity	74,908,983	74,167,241
Total liabilities and stockholders' equity	$ 105,390,470	$ 101,375,983