XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 30, 2016
Jan. 31, 2016
Current assets    
Cash and cash equivalents $ 10,331 $ 7,022
Accounts receivable, net of allowance for doubtful accounts of $541 and $593 at April 30, 2016 and January 31, 2016, respectively 11,649 11,476
Inventories, net of reserves of $2,347 and $2,566 at April 30, 2016 and January 31, 2016, respectively 38,891 40,841
Deferred income taxes 1,707 1,555
Prepaid VAT tax 1,177 1,143
Other current assets 2,848 1,635
Total current assets 66,603 63,672
Property and equipment, net 9,141 9,268
Assets held for sale 1,101 1,101
Deferred income tax, noncurrent 12,783 12,783
Prepaid VAT and other taxes 377 377
Security deposits 99 93
Intangibles, prepaid bank fees and other assets, net 62 95
Goodwill 871 871
Total assets [1] 91,037 88,260
Current liabilities    
Accounts payable 7,366 4,254
Accrued compensation and benefits 846 1,157
Other accrued expenses 1,197 1,575
Liabilities of discontinued operations in Brazil 207 238
Current maturity of long-term debt 50 50
Short-term borrowing 3,198 3,226
Borrowings under revolving credit facility 9,281 9,458
Total current liabilities 22,145 19,958
Long-term portion of Canada loan 768 691
VAT taxes payable long term 8 95
Total liabilities 22,921 20,744
Stockholders’ equity    
Preferred stock, $0.01 par; authorized 1,500,000 shares (none issued) 0 0
Common stock, $.01 par; authorized 10,000,000 shares, Issued 7,611,440 and 7,610,603; outstanding 7,254,999 and 7,254,162 at April 30, 2016 and January 31, 2016, respectively 76 76
Treasury stock, at cost; 356,441 shares at April 30, 2016 and January 31, 2016 (3,352) (3,352)
Additional paid-in capital 64,597 64,468
Retained earnings 8,511 8,508
Accumulated other comprehensive loss (1,716) (2,184)
Total stockholders' equity 68,116 67,516
Total liabilities and stockholders' equity $ 91,037 $ 88,260
[1] Negative assets reflect intersegment accounts eliminated in consolidation