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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2017
Jan. 31, 2017
Current assets:    
Cash and cash equivalents $ 6,916 $ 2,902
Restricted cash 236 609
Accounts and contracts receivable, net of allowance for doubtful accounts of $3,419 and $3,716 at July 31, 2017 and January 31, 2017, respectively 12,439 15,830
Inventories, net 12,465 11,960
Prepaid income taxes   1,565
Prepaid expenses and other current assets 1,934 2,193
Total current assets 33,990 35,059
Seismic equipment lease pool and property and equipment, net 29,842 43,838
Intangible assets, net 8,536 9,012
Goodwill 3,997 3,997
Non-current prepaid income taxes 1,173  
Long-term receivables net of allowance for doubtful accounts of $2,188 at July 31, 2017 and January 31, 2017 4,027 2,780
Other assets 29 28
Total assets 81,594 94,714
Current liabilities:    
Accounts payable 1,770 1,929
Current maturities - long-term debt   6,371
Deferred revenue 455 651
Income taxes payable 52  
Accrued expenses and other current liabilities 4,366 4,514
Total current liabilities 6,643 13,465
Deferred tax liability 275 317
Total liabilities 6,918 13,782
Shareholders' equity:    
Preferred stock, $1.00 par value; 1,000 shares authorized; 380 and 343 shares issued and outstanding at July 31, 2017 and January 31, 2017, respectively 8,133 7,294
Common stock, $0.01 par value; 20,000 shares authorized; 14,019 shares issued at July 31, 2017 and January 31, 2017 140 140
Additional paid-in capital 121,861 121,401
Treasury stock, at cost (1,929 shares at July 31, 2017 and January 31, 2017) (16,858) (16,858)
Accumulated deficit (28,881) (20,451)
Accumulated other comprehensive loss (9,719) (10,594)
Total shareholders' equity 74,676 80,932
Total liabilities and shareholders' equity $ 81,594 $ 94,714