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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 31, 2017
Jan. 31, 2016
Current assets    
Cash and cash equivalents $ 7,603 $ 16,631
Restricted cash 1,097 2,324
Trade accounts receivable, less allowance for doubtful accounts of $305 at January 31, 2017 and $33 at January 31, 2016 31,271 36,090
Inventories 13,565 15,625
Assets of discontinued operations 25 14,241
Assets held-for-sale 0 3,062
Cash surrender value on life insurance policies 0 3,049
Prepaid expenses and other current assets 2,172 2,397
Costs and estimated earnings in excess of billings on uncompleted contracts 2,091 2,463
Total current assets 57,824 95,882
Property, plant and equipment, net of accumulated depreciation 36,275 25,400
Goodwill 2,279 0
Other assets    
Note receivable from joint venture 0 1,905
Investment in joint venture 0 9,112
Other assets 5,233 5,799
Total other assets 7,512 16,816
Total assets 101,611 138,098
Current liabilities    
Trade accounts payable 10,901 11,026
Commissions and management incentives payable 1,845 2,874
Deferred compensation liability, current 0 6,167
Accrued compensation and payroll taxes 4,236 4,274
Revolving line North America 3,813 5,237
Current maturities of long-term debt 658 8,767
Customers' deposits 2,640 3,690
Liabilities of discontinued operations 199 12,836
Liabilities held for sale 0 3,439
Outside commission liability 1,612 1,295
Other accrued liabilities 2,360 965
Billings in excess of costs and estimated earnings on uncompleted contracts 1,100 1,176
Income tax payable 684 2,339
Total current liabilities 30,048 64,085
Long-term liabilities    
Long-term debt, less current maturities 7,258 1,470
Deferred compensation liabilities 2,523 3,124
Deferred tax liabilities - long-term 1,829 160
Other long-term liabilities 540 231
Total long-term liabilities 12,150 4,985
Stockholders' equity    
Common stock, $.01 par value, authorized 50,000 shares; 7,596 issued and outstanding at January 31, 2017 and 7,306 issued and outstanding at January 31, 2016 76 74
Additional paid-in capital 53,716 53,031
Treasury Stock 27 shares on January 31, 2017 and 45 shares on January 31, 2016 (170) (290)
Retained earnings 8,515 20,193
Accumulated other comprehensive loss (2,724) (3,980)
Total stockholders' equity 59,413 69,028
Total liabilities and stockholders' equity $ 101,611 $ 138,098