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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 30, 2020
Jan. 31, 2020
Current assets    
Cash and cash equivalents $ 23,473 $ 14,606
Accounts receivable, net of allowance for doubtful accounts of $647 and $497 at April 30, 2020 and January 31, 2020, respectively 25,074 17,702
Inventories 37,470 44,238
Prepaid VAT and other taxes 1,516 1,228
Other current assets 3,229 2,033
Total current assets 90,762 79,807
Property and equipment, net 9,847 10,113
Operating leases right-of-use assets 2,246 2,244
Deferred tax assets 3,625 5,939
Prepaid VAT and other taxes 292 333
Other assets 81 98
Goodwill 871 871
Total assets 107,724 99,405
Current liabilities    
Accounts payable 6,119 7,204
Accrued compensation and benefits 2,020 1,300
Other accrued expenses 3,713 2,445
Current maturity of long-term debt 0 1,155
Short-term borrowings 139 0
Current portion of operating lease liabilities 925 835
Total current liabilities 12,916 12,939
Long-term portion of operating lease liabilities 1,268 1,414
Total liabilities 14,184 14,353
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 8,485,517 and 8,481,665; outstanding 7,976,275 and 7,972,423 at April 30, 2020 and January 31, 2020, respectively 85 85
Treasury stock, at cost; 509,242 shares (5,023) (5,023)
Additional paid-in capital 75,314 75,171
Retained earnings 26,215 17,581
Accumulated other comprehensive loss (3,051) (2,762)
Total stockholders' equity 93,540 85,052
Total liabilities and stockholders' equity $ 107,724 $ 99,405