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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2018
Jan. 31, 2018
Current assets    
Cash and cash equivalents $ 14,933 $ 15,788
Accounts receivable, net of allowance for doubtful accounts of $515 and $480 at July 31, 2018 and January 31, 2018, respectively 13,627 14,119
Inventories, net of allowance of $2,463 and $2,422 at July 31, 2018 and January 31, 2018, respectively 46,358 42,919
Prepaid VAT tax 2,759 2,119
Other current assets 2,432 1,555
Total current assets 80,109 76,500
Property and equipment, net 9,524 8,789
Assets held for sale 150 150
Deferred income tax 7,253 7,557
Prepaid VAT and other taxes 305 310
Other assets 189 354
Goodwill 871 871
Total assets 98,401 94,531
Current liabilities    
Accounts payable 8,744 7,057
Accrued compensation and benefits 1,411 1,771
Other accrued expenses 1,365 1,182
Current maturity of long-term debt 158 158
Short-term borrowings 85 211
Total current liabilities 11,763 10,379
Long-term portion of debt 1,233 1,312
Total liabilities 12,996 11,691
Commitments and contingencies
StockholdersÂ’ 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 8,472,640 shares; outstanding 8,116,199 shares 85 85
Treasury stock, at cost; 356,441 shares (3,352) (3,352)
Additional paid-in capital 75,221 74,917
Retained earnings 15,726 12,841
Accumulated other comprehensive loss (2,275) (1,651)
Total stockholders' equity 85,405 82,840
Total liabilities and stockholders' equity $ 98,401 $ 94,531