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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jan. 31, 2012
Jan. 31, 2011
Current assets    
Cash and cash equivalents $ 4,209 $ 16,718
Restricted cash 1,854 984
Trade accounts receivable, less allowance for doubtful accounts of $235 at January 31, 2012 and $346 at January 31, 2011 28,109 36,634
Inventories, net 39,968 35,509
Prepaid expenses and other current assets 3,973 4,575
Deferred tax assets - current 1,946 2,389
Costs and estimated earnings in excess of billings on uncompleted contracts 2,375 2,055
Income tax receivable 0 204
Total current assets 82,434 99,068
Property, plant and equipment, net of accumulated depreciation 47,842 43,655
Other assets    
Deferred tax assets - long-term 10,967 8,470
Note receivable from joint venture 4,195 4,270
Investment in joint venture 4,636 3,078
Cash surrender value of deferred compensation plan 2,782 2,869
Other assets 3,860 1,605
Patents, net of accumulated amortization 331 260
Total other assets 26,771 20,552
Total assets 157,047 163,275
Current liabilities    
Trade accounts payable 20,020 19,296
Commissions and management incentives payable 4,722 6,867
Accrued compensation and payroll taxes 4,571 4,332
Other accrued liabilities 2,610 3,166
Current maturities of long-term debt 2,736 3,082
Customers' deposits 2,432 1,913
Billings in excess of costs and estimated earnings on uncompleted contracts 1,978 1,597
Income tax payable 417 0
Total current liabilities 39,486 40,253
Long-term liabilities    
Long-term debt, less current maturities 34,682 36,192
Deferred compensation liabilities 5,686 5,138
Other long-term liabilities 5,074 3,638
Total long-term liabilities 45,442 44,968
Stockholders' equity    
Common stock, $.01 par value, authorized 50,000 shares; 6,913 issued and outstanding at January 31, 2012 and 6,851 issued and outstanding at January 31, 2011 69 69
Additional paid-in capital 49,828 49,003
Retained earnings 22,802 27,789
Accumulated other comprehensive (loss) income (580) 1,193
Total stockholders' equity 72,119 78,054
Total liabilities and stockholders' equity $ 157,047 $ 163,275