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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 31, 2018
Jan. 31, 2017
Current assets    
Cash and cash equivalents $ 15,788 $ 10,365
Accounts receivable, net of allowance for doubtful accounts of $480 and $417 at January 31, 2018 and 2017, respectively 14,119 10,704
Inventories, net of allowance of $2,422 and $2,305 at January 31, 2018 and 2017, respectively 42,919 35,535
Prepaid VAT and other taxes 2,119 1,361
Other current assets 1,555 2,121
Total current assets 76,500 60,086
Property and equipment, net 8,789 8,527
Assets held for sale 150 901
Deferred tax assets 7,557 13,515
Prepaid VAT and other taxes 310 478
Other assets 354 176
Goodwill 871 871
Total assets [1] 94,531 84,554
Current liabilities    
Accounts payable 7,057 4,928
Accrued compensation and benefits 1,771 1,311
Other accrued expenses 1,182 1,024
Current maturity of long-term debt 158 50
Short-term borrowings 211 153
Borrowings under revolving credit facility 0 4,865
Total current liabilities 10,379 12,331
Long-term portion of debt 1,312 716
Total liabilities 11,691 13,047
Commitments and contingencies
Stockholders’ equity    
Preferred stock, $0.01 par; authorized 1,500,000 shares (none issued) 0 0
Common stock, $0.01 par; authorized 10,000,000 shares, Issued 8,472,640 and 7,620,215; outstanding 8,116,199 and 7,263,774 at January 31, 2018 and 2017, respectively 85 76
Treasury stock, at cost; 356,441 shares at January 31, 2018 and 2017 (3,352) (3,352)
Additional paid-in capital 74,917 64,764
Retained earnings 12,841 12,401
Accumulated other comprehensive loss (1,651) (2,382)
Total stockholders' equity 82,840 71,507
Total liabilities and stockholders' equity $ 94,531 $ 84,554
[1] Negative assets reflect intersegment amounts eliminated in consolidation