CONSOLIDATED BALANCE SHEETS (USD $)	Jan. 31, 2012	Jan. 31, 2011
ASSETS
Cash and cash equivalents	$ 5,711,038	$ 5,953,069
Accounts receivable, net of allowance for doubtful accounts of approximately $270,200 and $210,100 at January 31, 2012 and 2011, respectively	12,576,362	14,377,188
Inventories, net of reserves of approximately $1,601,131 and $1,495,000 at January 31, 2012 and 2011, respectively	45,668,355	45,295,295
Deferred income taxes	3,987,671	2,296,941
Assets of discontinued operation in India	1,998,570	3,669,601
Prepaid income tax	1,772,806	1,814,691
Other current assets	1,993,151	2,318,214
Total current assets	73,707,953	75,724,999
Property and equipment, net	13,914,826	11,096,329
Prepaid VAT and other taxes, noncurrent	2,791,107	2,773,847
Security deposits	1,330,679	717,407
Intangibles	4,527,335	4,765,650
Goodwill	6,132,954	6,297,751
Total assets	102,404,854	101,375,983
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable	4,600,437	6,474,468
Accrued compensation and benefits	1,304,818	1,411,599
Other accrued expenses	1,584,894	2,697,445
Liabilities of discontinued operation in India	64,780	33,940
Current maturity of long-term debt	1,898,259	100,050
Total current liabilities	9,453,188	10,717,502
Borrowings under revolving credit facility	11,457,807	11,485,698
Other long-term debt	4,814,682	1,592,461
Other liabilities-accrued legal fees in Brazil	99,367	103,270
VAT taxes payable long-term	3,312,953	3,309,811
Total liabilities	29,137,997	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, 5,581,919 and 5,568,744; outstanding, 5,225,478 and 5,254,303 at January 31, 2012 and 2011, respectively	55,819	55,687
Treasury stock, at cost; 356,441 shares at January 31, 2012 and 314,441 shares at January 31, 2011	(3,352,291)	(3,012,920)
Additional paid-in capital	50,772,594	50,279,613
Retained earnings	25,816,224	26,193,049
Accumulated other comprehensive gain (loss)	(25,489)	651,812
Total stockholders' equity	73,266,857	74,167,241
Total liabilities and stockholders' equity	$ 102,404,854	$ 101,375,983