Assets Held for Sale and Discontinued Operations (Tables)

9 Months Ended

Oct. 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:

	October 31, 2020		January 31, 2020
Current assets of discontinued operations:
Accounts receivable, net	1,963		5,699
Inventories, net	359		605
Prepaid expenses and other current assets	141		227
Seismic equipment lease pool and property and equipment, net	2,977		8,382
Total assets of discontinued operations	$	5,440	$	14,913

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

	October 31, 2020		January 31, 2020
Current liabilities of discontinued operations:
Accounts payable	$	71	$	884
Deferred revenue	18		34
Accrued expenses and other current liabilities	1,044		1,886
Income taxes payable	—		(74)
Total liabilities of discontinued operations	1,133		2,730

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

	For the Three Months Ended October 31,				For the Nine Months Ended October 31,
	2020		2019		2020		2019
Revenues:
Revenue from discontinued operations	$	313	$	2,488	$	5,731	$	8,379
Cost of sales:
Cost of discontinued operations	263		1,752		4,389		6,266
Operating expenses:
Selling, general and administrative	1,146		1,305		4,322		4,195
Provision for doubtful accounts	—		—		470		—
Depreciation and amortization	43		41		128		136
Total operating expenses	1,189		1,346		4,920		4,331
Operating loss	(1,139)		(610)		(3,578)		(2,218)
Other income (expenses)	(75)		(8)		—		(114)
Loss on disposal (including $2,745 of cumulative translation loss)	—		—		(1,859)		—
Loss before income taxes	(1,214)		(618)		(5,437)		(2,332)
Provision for income taxes	(6)		(91)		(706)		(238)
Net loss	(1,220)		(709)		(6,143)		(2,570)

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

	For the Nine Months Ended October 31,
	2020		2019
Depreciation and amortization	$	1,771	$	3,651
Gross profit from sale of lease pool equipment	$	(1,326)	$	(987)
Provisions for doubtful accounts	$	470	$	—
Loss on disposal of discontinued operations	$	1,859	$	—
Sale of used lease pool equipment	$	2,010	$	1,415
Sale of assets held for sale	$	734	$	—
Purchase of seismic equipment held for lease	$	(110)	$	(1,938)