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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2019
Jan. 31, 2019
Current assets    
Cash and cash equivalents $ 9,056 $ 12,831
Accounts receivable, net of allowance for doubtful accounts of $459 and $434 at July 31, 2019 and January 31, 2019, respectively 17,990 16,477
Inventories 49,409 42,365
Prepaid VAT tax 1,123 1,478
Other current assets 2,434 2,319
Total current assets 80,012 75,470
Property and equipment, net 10,565 10,781
Operating leases right-of-use assets 2,670 0
Deferred tax assets 6,964 7,267
Prepaid VAT and other taxes 176 176
Other assets 127 158
Goodwill 871 871
Total assets 101,385 94,723
Current liabilities    
Accounts payable 8,290 6,214
Accrued compensation and benefits 1,739 1,137
Other accrued expenses 3,547 2,825
Current maturity of long-term debt 158 158
Current portion of operating lease liabilities 506 0
Borrowings under revolving credit facility 332 0
Total current liabilities 14,572 10,334
Long-term portion of debt 1,076 1,161
Long-term portion of operating lease liabilities 2,152 0
Total noncurrent liabilities 3,228 1,161
Total liabilities 17,800 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; outstanding 8,004,640 and 8,013,840 shares at July 31, 2019 and January 31, 2019, respectively 85 85
Treasury stock, at cost; 471,289 and 462,089 shares at July 31, 2019 and January 31, 2019, respectively (4,614) (4,517)
Additional paid-in capital 75,361 75,612
Retained earnings 15,230 14,300
Accumulated other comprehensive loss (2,477) (2,252)
Total stockholders' equity 83,585 83,228
Total liabilities and stockholders' equity $ 101,385 $ 94,723