Note 2 - Significant Accounting Policies (Tables)

12 Months Ended

Jan. 31, 2021

Notes Tables

Restrictions on Cash and Cash Equivalents [Table Text Block]

(In thousands)	2020		2019
Cash and cash equivalents	$	7,174	$	13,371
Restricted cash		1,201		1,287
Cash, cash equivalents and restricted cash shown in the statement of cash flows	$	8,375	$	14,658

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

(In thousands)	2020			2019
Equity adjustment foreign currency, gross	$	(1,590	)	$	(1,879	)
Minimum pension liability, gross		(1,902	)		(2,087	)
Subtotal excluding tax effect		(3,492	)		(3,966	)
Tax effect of equity adjustment foreign currency		91			91
Tax effect of minimum pension liability		114			115
Total accumulated other comprehensive loss	$	(3,287	)	$	(3,760	)

Schedule of Inventory, Current [Table Text Block]

(In thousands)	2020		2019
Raw materials	$	12,499	$	13,859
Work in process		211		592
Finished goods		375		798
Subtotal		13,085		15,249
Less allowance		928		751
Inventories, net	$	12,157	$	14,498

Property, Plant and Equipment [Table Text Block]

(In thousands)	2020		2019
Land, buildings and improvements	$	22,713	$	22,328
Machinery and equipment		49,406		47,409
Furniture, office equipment and computer systems		3,830		4,317
Transportation equipment		2,725		3,762
Subtotal		78,674		77,816
Less accumulated depreciation		51,777		49,187
Property, plant and equipment, net of accumulated depreciation	$	26,897	$	28,629

Schedule of Goodwill [Table Text Block]

			Foreign exchange
(In thousands)	January 31, 2020		change effect		January 31, 2021
Goodwill	$	2,254	$	78	$	2,332

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

Basic weighted average number of common shares outstanding (in thousands)	2020			2019
Basic weighted average number of common shares outstanding		8,126			7,989
Dilutive effect of stock options and restricted stock units		-			431
Weighted average number of common shares outstanding assuming full dilution		8,126			8,420
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		214			143
Canceled options during the year		(25	)		(33	)
Restricted Stock and Stock options with an exercise price below the average stock price		168			431