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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 30, 2019
Jan. 31, 2019
Current assets    
Cash and cash equivalents $ 14,282 $ 12,831
Accounts receivable, net of allowance for doubtful accounts of $539 and $434 at April 30, 2019 and January 31, 2019, respectively 15,167 16,477
Inventories 46,761 42,365
Prepaid VAT tax 1,351 1,478
Other current assets 2,558 2,319
Total current assets 80,119 75,470
Property and equipment, net 10,596 10,781
Operating leases right-of-use assets 2,234 0
Deferred income tax 7,425 7,267
Prepaid VAT and other taxes 176 176
Other assets 144 158
Goodwill 871 871
Total assets 101,565 94,723
Current liabilities    
Accounts payable 10,440 6,214
Accrued compensation and benefits 1,655 1,137
Other accrued expenses 3,061 2,825
Current maturity of long-term debt 158 158
Current portion of operating lease liabilities 676 0
Total current liabilities 15,990 10,334
Long-term portion of debt 1,121 1,161
Long-term portion of operating lease liabilities 1,559 0
Total noncurrent liabilities 2,680 1,161
Total liabilities 18,670 11,495
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 20,000,000 shares Issued 8,475,929 shares; outstanding 8,013,840 shares at April 30, 2019 and January 31, 2019, respectively 85 85
Treasury stock, at cost; 462,089 shares (4,517) (4,517)
Additional paid-in capital 75,813 75,612
Retained earnings 13,835 14,300
Accumulated other comprehensive loss (2,321) (2,252)
Total stockholders' equity 82,895 83,228
Total liabilities and stockholders' equity $ 101,565 $ 94,723