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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jul. 31, 2020
Jan. 31, 2020
Current assets    
Cash and cash equivalents $ 34,945,000 $ 14,606,000
Accounts receivable, net of allowance for doubtful accounts of $759 and $497 at July 31, 2020 and January 31, 2020, respectively 20,243,000 17,702,000
Inventories 43,087,000 44,238,000
Prepaid VAT and other taxes 1,220,000 1,228,000
Other current assets 4,214,000 2,033,000
Total current assets 103,709,000 79,807,000
Property and equipment, net 9,923,000 10,113,000
Operating leases right-of-use assets 2,064,000 2,244,000
Deferred tax assets 4,630,000 5,939,000
Prepaid VAT and other taxes 332,000 333,000
Other assets 93,000 98,000
Goodwill 871,000 871,000
Total assets 121,622,000 99,405,000
Current liabilities    
Accounts payable 10,495,000 7,204,000
Accrued compensation and benefits 2,183,000 1,300,000
Other accrued expenses 3,555,000 2,445,000
Current maturity of long-term debt 0 1,155,000
Current portion of operating lease liabilities 887,000 835,000
Total current liabilities 17,120,000 12,939,000
Long-term portion of operating lease liabilities 1,145,000 1,414,000
Total liabilities 18,265,000 14,353,000
Commitments and contingencies 0 0
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 8,489,144 and 8,481,665; outstanding 7,979,902 and 7,972,423 at July 31, 2020 and January 31, 2020, respectively 85,000 85,000
Treasury stock, at cost; 509,242 shares (5,023,000) (5,023,000)
Additional paid-in capital 75,494,000 75,171,000
Retained earnings 35,554,000 17,581,000
Accumulated other comprehensive loss (2,753,000) (2,762,000)
Total stockholders' equity 103,357,000 85,052,000
Total liabilities and stockholders' equity $ 121,622,000 $ 99,405,000