Note 2 - Significant Accounting Policies (Tables)

12 Months Ended

Jan. 31, 2022

Notes Tables

Restrictions on Cash and Cash Equivalents [Table Text Block]

(In thousands)	2021		2020
Cash and cash equivalents	$	8,214	$	7,174
Restricted cash		1,557		1,201
Cash, cash equivalents and restricted cash shown in the statement of cash flows	$	9,771	$	8,375

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

(In thousands)	2021			2020
Equity adjustment foreign currency, gross	$	(1,947	)	$	(1,590	)
Minimum pension liability, gross		(1,362	)		(1,902	)
Subtotal excluding tax effect		(3,309	)		(3,492	)
Tax effect of equity adjustment foreign currency		91			91
Tax effect of minimum pension liability		114			114
Total accumulated other comprehensive loss	$	(3,104	)	$	(3,287	)

Schedule of Inventory, Current [Table Text Block]

(In thousands)	2021		2020
Raw materials	$	13,909	$	12,499
Work in process		426		211
Finished goods		527		375
Subtotal		14,862		13,085
Less allowance		1,101		928
Inventories, net	$	13,761	$	12,157

Property, Plant and Equipment [Table Text Block]

(In thousands)	2021		2020
Land, buildings and improvements	$	22,748	$	22,713
Machinery and equipment		50,534		49,406
Furniture, office equipment and computer systems		3,941		3,830
Transportation equipment		2,000		2,725
Subtotal		79,223		78,674
Less accumulated depreciation		54,467		51,777
Property, plant and equipment, net of accumulated depreciation	$	24,756	$	26,897

Schedule of Goodwill [Table Text Block]

			Foreign exchange
(In thousands)	January 31, 2021		change effect		January 31, 2022
Goodwill	$	2,332	$	10	$	2,342

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

Basic weighted average number of common shares outstanding (in thousands)	2021			2020
Basic weighted average number of common shares outstanding		8,133			8,126
Dilutive effect of stock options and restricted stock units		285			-
Weighted average number of common shares outstanding assuming full dilution		8,418			8,126
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		39			214
Canceled options during the year		(33	)		(25	)
Restricted Stock and Stock options with an exercise price below the average stock price		285			168