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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Jul. 31, 2013
Jan. 31, 2013
ASSETS    
Cash and cash equivalents $ 5,834,326 $ 6,736,962
Accounts receivable, net of allowance for doubtful accounts of $303,700 and $342,100 at July 31, 2013 and January 31, 2013, respectively 13,643,821 13,782,908
Inventories 40,418,360 39,270,675
Deferred income tax 3,861,392 0
Assets of discontinued operations in India 205,468 813,182
Prepaid income tax 1,483,775 1,564,834
Other current assets 1,973,091 1,703,322
Total current assets 67,420,233 63,871,883
Property and equipment, net 12,460,482 14,089,987
Prepaid VAT and other taxes, noncurrent 2,401,496 2,461,386
Security deposits 1,189,013 1,546,250
Other assets, net (mainly prepaid bank fees) 1,663,015 477,200
Goodwill 871,297 871,297
Total assets 86,005,536 83,318,003
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 9,262,735 6,704,001
Accrued compensation and benefits 990,755 975,758
Other accrued expenses 2,420,987 2,409,453
Liabilities of discontinued operations in India 0 25,041
Current maturity of long-term debt 0 100,481
Current maturity of arbitration settlement 1,000,000 1,000,000
Short-term borrowing 2,340,141 1,578,779
Term loans to TD Bank 0 5,550,000
Borrowings under revolving credit facility 10,403,179 9,558,882
Total current liabilities 26,417,797 27,902,395
Accrued arbitration award in Brazil (net of current maturities) 4,258,691 4,710,691
Canadian warehouse loan, net of current maturities 0 1,298,085
Subordinated debt, net of OID 1,301,850 0
Other liabilities - accrued legal fees in Brazil 75,742 86,911
VAT taxes payable long term 3,331,250 3,328,820
Total liabilities 35,385,330 37,326,902
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 5,707,422 and 5,688,600; outstanding 5,350,981 and 5,332,159 at July 31, 2013 and January 31, 2013, respectively 57,074 56,886
Treasury stock, at cost; 356,441 shares at July 31, 2013 and January 31, 2013 (3,352,291) (3,352,291)
Additional paid-in capital 53,341,071 50,973,065
Retained earnings (deficit) 2,854,475 (472,444)
Accumulated other comprehensive loss (2,280,123) (1,214,115)
Total stockholders' equity 50,620,206 45,991,101
Total liabilities and stockholders' equity $ 86,005,536 $ 83,318,003