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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, 2013
Oct. 31, 2012
Oct. 31, 2013
Oct. 31, 2012
Revenues:        
Equipment leasing $ 7,900 $ 11,062 $ 34,435 $ 42,952
Lease pool equipment sales 3,169 1,873 6,188 7,409
Seamap equipment sales 5,537 4,495 16,422 22,301
Other equipment sales 3,669 1,143 11,416 3,622
Total revenues 20,275 18,573 68,461 76,284
Cost of sales:        
Direct costs - equipment leasing 1,465 1,663 3,857 6,308
Direct costs - lease pool depreciation 7,216 8,308 22,021 25,139
Cost of lease pool equipment sales 1,119 1,341 2,080 3,752
Cost of Seamap and other equipment sales 5,522 2,907 16,653 12,445
Total cost of sales 15,322 14,219 44,611 47,644
Gross profit 4,953 4,354 23,850 28,640
Operating expenses:        
General and administrative 6,086 5,854 18,173 16,907
Provision for (recovery of) doubtful accounts 1,048   1,048 (443)
Depreciation and amortization 371 362 1,124 1,031
Total operating expenses 7,505 6,216 20,345 17,495
Operating (loss) income (2,552) (1,862) 3,505 11,145
Other income (expenses):        
Interest, net (37) 79 120 (22)
Other, net (517) (395) 222 (964)
Total other income (expenses) (554) (316) 342 (986)
(Loss) income before income taxes (3,106) (2,178) 3,847 10,159
Benefit (provision) for income taxes 478 956 (861) 3,477
Net (loss) income $ (2,628) $ (1,222) $ 2,986 $ 13,636
Net (loss) income per common share:        
Basic $ (0.21) $ (0.10) $ 0.23 $ 1.07
Diluted $ (0.21) $ (0.10) $ 0.23 $ 1.03
Shares used in computing net income per common share:        
Basic 12,767 12,771 12,766 12,687
Diluted 12,767 12,771 13,180 13,264