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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Oct. 31, 2022
Jan. 31, 2022
Current assets    
Cash and cash equivalents $ 8,578 $ 8,214
Restricted cash 1,147 1,557
Trade accounts receivable, less allowance for doubtful accounts of $502 at October 31, 2022 and $486 at January 31, 2022 44,026 44,449
Inventories, net 14,779 13,760
Prepaid expenses and other current assets 6,817 5,444
Unbilled accounts receivable 8,664 2,656
Costs and estimated earnings in excess of billings on uncompleted contracts 5,381 2,309
Total current assets 89,392 78,389
Long-term assets    
Property, plant and equipment, net of accumulated depreciation 23,637 24,756
Operating lease right-of-use asset 6,616 11,213
Deferred tax assets 729 811
Goodwill 2,186 2,342
Other long-term assets 3,249 5,890
Total long-term assets 36,417 45,012
Total assets 125,809 123,401
Current liabilities    
Trade accounts payable 14,001 13,618
Accrued compensation and payroll taxes 1,784 1,612
Commissions and management incentives payable 1,892 2,047
Revolving line - North America 7,133 634
Current maturities of long-term debt 7,193 6,750
Customers' deposits 3,530 3,072
Outside commission liability 2,589 1,255
Operating lease liability short-term 1,108 1,496
Other accrued liabilities 4,614 4,616
Billings in excess of costs and estimated earnings on uncompleted contracts 1,262 1,277
Income taxes payable 2,350 2,020
Total current liabilities 47,456 38,397
Long-term liabilities    
Long-term debt, less current maturities 4,366 5,059
Long-term finance obligation 9,244 9,327
Deferred compensation liabilities 1,766 3,379
Deferred tax liabilities 896 712
Operating lease liability long-term 6,387 11,270
Other long-term liabilities 903 800
Total long-term liabilities 23,562 30,547
Stockholders' equity    
Common stock, $.01 par value, authorized 50,000 shares; 8,004 issued and outstanding at October 31, 2022 and 8,152 issued and outstanding at January 31, 2022 80 82
Additional paid-in capital 62,307 61,766
Treasury stock, no shares at October 31, 2022 and 234 shares at January 31, 2022 0 (1,992)
Accumulated deficit (1,617) (2,295)
Accumulated other comprehensive loss (5,979) (3,104)
Total stockholders' equity 54,791 54,457
Total liabilities and stockholders' equity $ 125,809 $ 123,401