Lease information

12 Months Ended

Jan. 31, 2017

Note 8 - Lease information



Property under capitalized leases	2016	2015
Machinery and equipment	$1,308	$1,747
Transportation equipment	22	22
Subtotal	1,330	1,769
Less accumulated amortization	646	726
Total	$684	$1,043

The Company has several significant operating lease agreements as follows:


•	Office Space of approximately 31,650 square feet in Niles, IL is leased until October, 2023.


•	Nine acres of land in the Kingdom of Saudi Arabia is leased through 2030.


•	Production facilities in the U.A.E. of approximately 80,200 square feet on approximately 107,600 square feet of land is leased until June, 2030.


•	Office space of approximately 21,500 square feet and open land for production facilities of approximately 423,000 square feet in the U.A.E. is leased until July, 2032.


•	Production facilities in the U.A.E. of approximately 78,100 square feet is leased until December, 2032.

The Company leases its administrative offices in the U.A.E. from a partnership in which a Company employee is a partner. Total rent paid to the partnership was $0.3 million in 2016 and 2015, respectively. Lease payments are based on prevailing market rates.

On January 31, 2017, future minimum annual rental commitments under non-cancelable lease obligations were as follows:



	Operating Leases	Capital Leases
2017	$2,199	$231
2018	1,705	63
2019	1,536	1
2020	1,475	—
2021	1,477	—
Thereafter	9,707	—
Subtotal	18,099	295
Less Amount representing interest		12
Future minimum lease payments	$18,099	$283

Rental expense for operating leases was $2.1 million and $0.7 million in 2016 and 2015, respectively.