CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jul. 31, 2017	Jan. 31, 2017
Current assets
Cash and cash equivalents	$ 13,188	$ 10,365
Accounts receivable, net of allowance for doubtful accounts of $230 and $417 at July 31, 2017 and January 31, 2017, respectively	13,763	10,704
Inventories, net of allowance of $2,316 and $2,305 at July 31, 2017 and January 31, 2017, respectively	34,062	35,535
Prepaid VAT tax	1,332	1,361
Other current assets	1,923	2,121
Total current assets	64,268	60,086
Property and equipment, net	8,672	8,527
Assets held for sale	901	901
Deferred income tax	13,287	13,515
Prepaid VAT and other taxes	460	478
Other assets	220	176
Goodwill	871	871
Total assets	88,679	84,554
Current liabilities
Accounts payable	8,217	4,928
Accrued compensation and benefits	1,205	1,311
Other accrued expenses	1,115	1,018
Current maturity of long-term debt	208	50
Short-term borrowings	430	153
Borrowings under revolving credit facility	0	4,865
Total current liabilities	11,175	12,325
Long-term portion of debt	2,131	716
VAT taxes payable	6	6
Total liabilities	13,312	13,047
Commitments and contingencies
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 7,663,890 and 7,620,215; outstanding 7,307,449 and 7,263,774 at July 31, 2017 and January 31, 2017, respectively	77	76
Treasury stock, at cost; 356,441 shares at July 31, 2017 and January 31, 2017	(3,352)	(3,352)
Additional paid-in capital	64,942	64,764
Retained earnings	15,954	12,401
Accumulated other comprehensive loss	(2,254)	(2,382)
Total stockholders' equity	75,367	71,507
Total liabilities and stockholders' equity	$ 88,679	$ 84,554