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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Oct. 31, 2012
Oct. 31, 2011
Oct. 31, 2012
Oct. 31, 2011
Revenues:        
Equipment leasing $ 11,062 $ 17,411 $ 42,952 $ 46,458
Lease pool equipment sales 1,873 2,442 7,409 3,103
Seamap equipment sales 4,495 6,198 22,301 21,081
Other equipment sales 1,143 1,969 3,622 5,158
Total revenues 18,573 28,020 76,284 75,800
Cost of sales:        
Direct costs - equipment leasing 1,663 2,365 6,308 6,348
Direct costs - lease pool depreciation 8,308 7,223 25,139 20,016
Cost of lease pool equipment sales 1,341 519 3,752 723
Cost of Seamap and other equipment sales 2,907 3,568 12,445 12,230
Total cost of sales 14,219 13,675 47,644 39,317
Gross profit 4,354 14,345 28,640 36,483
Operating expenses:        
General and administrative 5,854 4,961 16,907 15,403
Provision for (recovery of) doubtful accounts   679 (443) 187
Depreciation and amortization 362 304 1,031 921
Total operating expenses 6,216 5,944 17,495 16,511
Operating (loss) income (1,862) 8,401 11,145 19,972
Other income (expenses):        
Interest, net 79 (25) (22) (295)
Other, net (395) 680 (964) 8
Total other income (expenses) (316) 655 (986) (287)
(Loss) income before income taxes (2,178) 9,056 10,159 19,685
Benefit (provision) for income taxes 956 (2,293) 3,477 (5,529)
Net (loss) income $ (1,222) $ 6,763 $ 13,636 $ 14,156
Net (loss) income per common share:        
Basic $ (0.10) $ 0.55 $ 1.07 $ 1.28
Diluted $ (0.10) $ 0.52 $ 1.03 $ 1.21
Shares used in computing net income per common share:        
Basic 12,771 12,381 12,687 11,091
Diluted 12,771 12,982 13,264 11,689