XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jul. 31, 2022
Jan. 31, 2022
Current assets    
Cash and cash equivalents $ 6,192 $ 8,214
Restricted cash 1,501 1,557
Trade accounts receivable, less allowance for doubtful accounts of $500 at July 31, 2022 and $486 at January 31, 2022 47,749 44,449
Inventories, net 16,348 13,760
Prepaid expenses and other current assets 5,801 5,444
Unbilled accounts receivable 8,023 2,656
Costs and estimated earnings in excess of billings on uncompleted contracts 5,946 2,309
Total current assets 91,560 78,389
Long-term assets    
Property, plant and equipment, net of accumulated depreciation 24,385 24,756
Operating lease right-of-use asset 7,176 11,213
Deferred tax assets 797 811
Goodwill 2,328 2,342
Other long-term assets 4,336 5,890
Total long-term assets 39,022 45,012
Total assets 130,582 123,401
Current liabilities    
Trade accounts payable 14,498 13,618
Accrued compensation and payroll taxes 1,698 1,612
Commissions and management incentives payable 1,180 2,047
Revolving line - North America 8,632 634
Current maturities of long-term debt 9,421 6,750
Customers' deposits 3,671 3,072
Outside commission liability 2,425 1,255
Operating lease liability short-term 1,316 1,496
Other accrued liabilities 4,584 4,616
Billings in excess of costs and estimated earnings on uncompleted contracts 1,467 1,277
Income taxes payable 1,391 2,020
Total current liabilities 50,283 38,397
Long-term liabilities    
Long-term debt, less current maturities 4,734 5,059
Long-term finance obligation 9,271 9,327
Deferred compensation liabilities 3,431 3,379
Deferred tax liabilities 907 712
Operating lease liability long-term 6,775 11,270
Other long-term liabilities 882 800
Total long-term liabilities 26,000 30,547
Stockholders' equity    
Common stock, $.01 par value, authorized 50,000 shares; 8,003 issued and outstanding at July 31, 2022 and 8,152 issued and outstanding at January 31, 2022 80 82
Additional paid-in capital 62,055 61,766
Treasury Stock, no shares at July 31, 2022 and 234 shares at January 31, 2022 0 (1,992)
Accumulated deficit (3,345) (2,295)
Accumulated other comprehensive loss (4,491) (3,104)
Total stockholders' equity 54,299 54,457
Total liabilities and stockholders' equity $ 130,582 $ 123,401