Assets Held for Sale and Discontinued Operations (Tables)

6 Months Ended

Jul. 31, 2020

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations, Including Balance Sheet, Income Statement, Cash Flow, and Additional Disclosures

The assets reported as held for sale consist of the following:

	July 31, 2020		January 31, 2020
Current assets of discontinued operations:
Accounts receivable, net	2,366		5,699
Inventories, net	388		605
Prepaid expenses and other current assets	221		227
Seismic equipment lease pool and property and equipment, net	3,675		8,382
Total assets of discontinued operations	$	6,650	$	14,913

The liabilities reported as held for sale consist of the following:

	July 31, 2020		January 31, 2020
Current liabilities of discontinued operations:
Accounts payable	$	119	$	884
Deferred revenue	—		34
Accrued expenses and other current liabilities	1,186		1,886
Income taxes payable	—		(74)
Total liabilities of discontinued operations	1,305		2,730

The results of operations from discontinued operations for the three and six months ended July 31, 2020 and 2019, consist of the following:

	For the Three Months Ended July 31,				For the Six Months Ended July 31,
	2020		2019		2020		2019
Revenues:
Revenue from discontinued operations	$	1,230	$	2,077	$	5,418	$	5,891
Cost of sales:
Cost of discontinued operations	1,642		2,002		4,126		4,514
Operating expenses:
Selling, general and administrative	1,476		1,415		3,176		2,890
Provision for doubtful accounts	470		—		470		—
Depreciation and amortization	41		46		85		95
Total operating expenses	1,987		1,461		3,731		2,985
Operating loss	(2,399)		(1,386)		(2,439)		(1,608)
Other income (expenses)	72		(163)		75		(106)
Loss on disposal (including $2,745 of cumulative translation loss)	(1,859)		—		(1,859)		—
Loss before income taxes	(4,186)		(1,549)		(4,223)		(1,714)
Provision for income taxes	(522)		(94)		(700)		(147)
Net loss	(4,708)		(1,643)		(4,923)		(1,861)

The significant operating and investing noncash items and capital expenditures related to discontinued operations are summarized below:

	For the Six Months Ended July 31,
	2020		2019
Depreciation and amortization	$	1,771	$	2,519
Gross profit from sale of lease pool equipment	$	(1,324)	$	(743)
Provisions for doubtful accounts	$	470	$	—
Loss on disposal of discontinued operations	$	1,859	$	—
Sale of used lease pool equipment	$	1,988	$	1,133
Purchase of seismic equipment held for lease	$	(110)	$	(229)