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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Apr. 30, 2020
Jan. 31, 2020
Current assets    
Cash and cash equivalents $ 12,450 $ 13,371
Restricted cash 1,105 1,287
Trade accounts receivable, less allowance for doubtful accounts of $342 at April 30, 2020 and $407 at January 31, 2020 25,284 29,402
Inventories, net 13,912 14,498
Prepaid expenses and other current assets 4,314 3,531
Costs and estimated earnings in excess of billings on uncompleted contracts 2,900 2,166
Total current assets 59,965 64,255
Property, plant and equipment, net of accumulated depreciation 27,553 28,629
Other assets    
Operating lease right-of-use asset 11,165 11,475
Deferred tax assets 402 293
Goodwill 2,144 2,254
Other assets 5,564 5,319
Total other assets 19,275 19,341
Total assets 106,793 112,225
Current liabilities    
Trade accounts payable 8,557 9,577
Accrued compensation and payroll taxes 1,601 1,190
Commissions and management incentives payable 2,155 1,759
Revolving line - North America 7,211 8,577
Current maturities of long-term debt 1,521 1,458
Customers' deposits 1,452 2,202
Outside commission liability 1,845 1,755
Operating lease liability short-term 1,254 1,040
Other accrued liabilities 3,403 3,444
Billings in excess of costs and estimated earnings on uncompleted contracts 1,061 1,173
Income taxes payable 765 664
Total current liabilities 30,825 32,839
Long-term liabilities    
Long-term debt, less current maturities 6,244 6,717
Deferred compensation liabilities 4,241 4,199
Deferred tax liabilities 751 1,052
Operating lease liability long-term 10,851 11,214
Other long-term liabilities 921 575
Total long-term liabilities 23,008 23,757
Stockholders' equity    
Common stock, $.01 par value, authorized 50,000 shares; 8,048 issued and outstanding at April 30, 2020 and 8,048 issued and outstanding at January 31, 2020 80 80
Additional paid-in capital 60,243 60,024
Accumulated deficit (3,236) (715)
Accumulated other comprehensive loss (4,127) (3,760)
Total stockholders' equity 52,960 55,629
Total liabilities and stockholders' equity $ 106,793 $ 112,225