Note 2 - Significant Accounting Policies (Tables)

12 Months Ended

Jan. 31, 2020

Notes Tables

Restrictions on Cash and Cash Equivalents [Table Text Block]

(In thousands)	2019		2018
Cash and cash equivalents	$	13,371	$	10,156
Restricted cash		1,287		2,581
Cash, cash equivalents and restricted cash shown in the statement of cash flows	$	14,658	$	12,737

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

(In thousands)	2019			2018
Equity adjustment foreign currency, gross	$	(1,879	)	$	(1,438	)
Minimum pension liability, gross		(2,087	)		(1,648	)
Subtotal excluding tax effect		(3,966	)		(3,086	)
Tax effect of equity adjustment foreign currency		91			91
Tax effect of minimum pension liability		115			115
Total accumulated other comprehensive loss	$	(3,760	)	$	(2,880	)

Schedule of Inventory, Current [Table Text Block]

(In thousands)	2019		2018
Raw materials	$	13,859	$	11,962
Work in process		592		488
Finished goods		798		731
Subtotal		15,249		13,181
Less allowance		751		892
Inventories	$	14,498	$	12,289

Property, Plant and Equipment [Table Text Block]

(In thousands)	2019		2018
Land, buildings and improvements	$	22,328	$	22,327
Machinery and equipment		47,409		47,168
Furniture, office equipment and computer systems		4,317		4,335
Transportation equipment		3,762		3,311
Subtotal		77,816		77,141
Less accumulated depreciation		49,187		46,743
Property, plant and equipment, net of accumulated depreciation	$	28,629	$	30,398

Schedule of Goodwill [Table Text Block]

			Foreign exchange
(In thousands)	January 31, 2019		change effect			January 31, 2020
Goodwill	$	2,269	$	(15	)	$	2,254

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

Basic weighted average number of common shares outstanding (in thousands)	2019			2018
Basic weighted average number of common shares outstanding		7,989			7,812
Dilutive effect of stock options and restricted stock units		295			—
Weighted average number of common shares outstanding assuming full dilution		8,284			7,812
Restricted Stock and Stock options not included in the computation of diluted EPS of common stock because the option exercise prices exceeded the average market prices		61			82
Canceled options during the year		(33	)		(63	)
Restricted Stock and Stock options with an exercise price below the average stock price		295			136