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CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jul. 31, 2012
Jan. 31, 2012
Current assets    
Cash and cash equivalents $ 6,127 $ 4,209
Restricted cash 2,759 1,854
Trade accounts receivable, less allowance for doubtful accounts of $228 at July 31, 2012 and $235 at January 31, 2012 32,045 28,109
Inventories, net 40,710 40,204
Prepaid expenses and other current assets 4,460 3,973
Deferred tax assets - current 1,941 1,946
Costs and estimated earnings in excess of billings on uncompleted contracts 2,962 2,375
Income tax receivable 478 0
Total current assets 91,482 82,670
Property, plant and equipment, net of accumulated depreciation 48,936 47,842
Other assets    
Deferred tax assets - long-term 10,531 10,967
Note receivable from joint venture 5,168 4,195
Investment in joint venture 4,459 4,636
Cash surrender value of deferred compensation plan 2,854 2,782
Other assets 2,735 3,860
Patents, net of accumulated amortization 377 331
Total other assets 26,124 26,771
Total assets 166,542 157,283
Current liabilities    
Trade accounts payable 19,555 20,020
Accrued compensation and payroll taxes 4,509 4,571
Commission and management incentives payable 3,763 4,722
Current maturities of long-term debt 5,761 2,736
Customers' deposits 4,355 2,432
Billings in excess of costs and estimated earnings on uncompleted contracts 2,670 1,978
Other accrued liabilities 2,634 2,610
Income taxes payable 0 417
Total current liabilities 43,247 39,486
Long-term liabilities    
Long-term debt, less current maturities 44,211 34,682
Deferred compensation liabilities 5,493 5,686
Other long-term liabilities 5,195 5,074
Total long-term liabilities 54,899 45,442
Stockholders' equity    
Common stock, $.01 par value, authorized 50,000 shares; 6,923 issued and outstanding at July 31, 2012 and 6,913 issued and outstanding at January 31, 2012 69 69
Additional paid-in capital 50,133 49,828
Retained earnings 19,625 23,038
Accumulated other comprehensive loss (1,431) (580)
Total stockholders' equity 68,396 72,355
Total liabilities and stockholders' equity $ 166,542 $ 157,283