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CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Apr. 30, 2012
Jan. 31, 2012
Current assets    
Cash and cash equivalents $ 7,081 $ 4,209
Restricted cash 1,094 1,854
Trade accounts receivable, less allowance for doubtful accounts of $226 at April 30, 2012 and $235 at January 31, 2012 32,633 28,109
Inventories, net 41,423 39,968
Prepaid expenses and other current assets 5,073 3,973
Deferred tax assets - current 1,946 1,946
Costs and estimated earnings in excess of billings on uncompleted contracts 2,367 2,375
Total current assets 91,617 82,434
Property, plant and equipment, net of accumulated depreciation 49,033 47,842
Other assets    
Deferred tax assets - long-term 11,444 10,967
Note receivable from joint venture 5,253 4,195
Investment in joint venture 4,390 4,636
Cash surrender value of deferred compensation plan 2,869 2,782
Other assets 2,424 3,860
Patents, net of accumulated amortization 383 331
Total other assets 26,763 26,771
Total assets 167,413 157,047
Current liabilities    
Trade accounts payable 21,183 20,020
Accrued compensation and payroll taxes 5,200 4,571
Commission and management incentives payable 4,499 4,722
Current maturities of long-term debt 3,550 2,736
Customers' Deposits 3,669 2,432
Billings in excess of costs and estimated earnings on uncompleted contracts 1,198 1,978
Other accrued liabilities 2,923 2,610
Income taxes payable 181 417
Total current liabilities 42,403 39,486
Long-term liabilities    
Long-term debt, less current maturities 43,798 34,682
Deferred compensation liabilities 6,092 5,686
Other long-term liabilities 4,966 5,074
Total long-term liabilities 54,856 45,442
Stockholders' equity    
Common stock, $.01 par value, authorized 50,000 shares; 6,915 issued and outstanding at April 30, 2012 and 6,913 issued and outstanding at January 31, 2012 69 69
Additional paid-in capital 49,927 49,828
Retained earnings 20,746 22,802
Accumulated other comprehensive loss (588) (580)
Total stockholders' equity 70,154 72,119
Total liabilities and stockholders' equity $ 167,413 $ 157,047