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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Apr. 30, 2023
Jan. 31, 2023
Current assets    
Cash and cash equivalents $ 8,776 $ 5,773
Restricted cash 1,009 1,020
Trade accounts receivable, less allowance for credit losses of $676 at April 30, 2023 and $612 at January 31, 2023 39,897 42,010
Inventories, net 12,878 14,738
Prepaid expenses and other current assets 8,099 7,357
Unbilled accounts receivable 11,907 11,634
Costs and estimated earnings in excess of billings on uncompleted contracts 2,974 3,126
Total current assets 85,540 85,658
Long-term assets    
Property, plant and equipment, net of accumulated depreciation 28,562 26,518
Operating lease right-of-use asset 4,338 4,527
Deferred tax assets 636 696
Goodwill 2,199 2,227
Other long-term assets 3,518 3,340
Total long-term assets 39,253 37,308
Total assets 124,793 122,966
Current liabilities    
Trade accounts payable 14,317 14,754
Accrued compensation and payroll taxes 1,544 1,179
Commissions and management incentives payable 3,571 2,735
Revolving line - North America 4,067 4,387
Current maturities of long-term debt 9,335 6,227
Customers' deposits 1,578 1,951
Outside commission liability 2,406 2,029
Operating lease liability short-term 823 912
Other accrued liabilities 3,896 5,549
Billings in excess of costs and estimated earnings on uncompleted contracts 3,449 1,743
Income taxes payable 2,013 2,324
Total current liabilities 46,999 43,790
Long-term liabilities    
Long-term debt, less current maturities 4,277 4,389
Deferred compensation liabilities 1,678 1,608
Deferred tax liabilities 915 909
Operating lease liability long-term 4,210 4,252
Other long-term liabilities 1,077 1,019
Total long-term liabilities 21,341 21,392
Stockholders' equity    
Common stock, $.01 par value, authorized 50,000 shares; 8,004 issued and outstanding at April 30, 2023 and January 31, 2023 80 80
Additional paid-in capital 62,791 62,562
Treasury stock, 3 shares at April 30, 2023 and January 31, 2023 (26) (26)
Retained earnings 494 1,617
Accumulated other comprehensive loss (6,886) (6,449)
Total stockholders' equity 56,453 57,784
Total liabilities and stockholders' equity 124,793 122,966
Land and Buildings in Lebanon, Tennessee [Member]    
Long-term liabilities    
Long-term finance obligation $ 9,184 $ 9,215