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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Apr. 30, 2021
Jan. 31, 2021
Current assets    
Cash and cash equivalents $ 8,483 $ 7,174
Restricted cash 1,164 1,201
Trade accounts receivable, less allowance for doubtful accounts of $497 at April 30, 2021 and $474 at January 31, 2021 27,305 25,226
Inventories, net 15,069 12,157
Prepaid expenses and other current assets 9,078 4,110
Costs and estimated earnings in excess of billings on uncompleted contracts 3,473 4,007
Total current assets 64,572 53,875
Property, plant and equipment, net of accumulated depreciation 26,223 26,897
Other assets    
Operating lease right-of-use asset 12,178 13,384
Deferred tax assets 911 823
Goodwill 2,427 2,332
Other assets 5,305 5,380
Total other assets 20,821 21,919
Total assets 111,616 102,691
Current liabilities    
Trade accounts payable 13,644 10,365
Accrued compensation and payroll taxes 1,660 1,448
Commissions and management incentives payable 231 218
Revolving line - North America 2,826
Current maturities of long-term debt 2,723 3,941
Customers' deposits 2,206 2,088
Outside commission liability 1,980 1,431
Operating lease liability short-term 1,311 1,402
Other accrued liabilities 3,287 2,616
Billings in excess of costs and estimated earnings on uncompleted contracts 2,034 762
Income taxes payable 1,409 1,155
Total current liabilities 30,485 28,252
Long-term liabilities    
Long-term debt, less current maturities 5,585 6,268
Finance lease liability long-term 350 401
Deferred compensation liabilities 4,116 4,120
Deferred tax liabilities 868 914
Operating lease liability long-term 12,185 13,174
Other long-term liabilities 690 650
Total long-term liabilities 32,349 25,126
Stockholders' equity    
Common stock, $.01 par value, authorized 50,000 shares; 8,165 issued and outstanding at April 30, 2021 and 8,165 issued and outstanding at January 31, 2021 82 82
Additional paid-in capital 61,147 60,875
Accumulated deficit (9,200) (8,357)
Accumulated other comprehensive loss (3,247) (3,287)
Total stockholders' equity 48,782 49,313
Total liabilities and stockholders' equity 111,616 102,691
Land and Buildings in Lebanon, Tennessee [Member]    
Long-term liabilities    
Finance lease liability long-term $ 8,905