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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Oct. 31, 2021
Jan. 31, 2021
Current assets    
Cash and cash equivalents $ 10,018 $ 7,174
Restricted cash 1,746 1,201
Trade accounts receivable, less allowance for doubtful accounts of $478 at October 31, 2021 and $474 at January 31, 2021 37,741 25,226
Inventories, net 15,431 12,157
Prepaid expenses and other current assets 4,996 3,863
Unbilled accounts receivable 3,415 247
Costs and estimated earnings in excess of billings on uncompleted contracts 2,322 4,007
Total current assets 75,669 53,875
Property, plant and equipment, net of accumulated depreciation 25,599 26,897
Other assets    
Operating lease right-of-use asset 11,515 13,384
Deferred tax assets 858 823
Goodwill 2,406 2,332
Other assets 6,449 5,380
Total other assets 21,228 21,919
Total assets 122,496 102,691
Current liabilities    
Trade accounts payable 16,216 10,365
Accrued compensation and payroll taxes 1,862 1,448
Commissions and management incentives payable 1,500 218
Revolving line - North America 0 2,826
Current maturities of long-term debt 4,822 3,941
Customers' deposits 3,493 2,088
Outside commission liability 1,647 1,431
Operating lease liability short-term 1,427 1,402
Other accrued liabilities 3,793 2,616
Billings in excess of costs and estimated earnings on uncompleted contracts 871 762
Income taxes payable 1,802 1,155
Total current liabilities 37,433 28,252
Long-term liabilities    
Long-term debt, less current maturities 5,342 6,268
Finance lease liability long-term 266 401
Deferred compensation liabilities 4,224 4,120
Deferred tax liabilities 1,328 914
Operating lease liability long-term 11,586 13,174
Other long-term liabilities 852 650
Total long-term liabilities 32,681 25,126
Stockholders' equity    
Common stock, $.01 par value, authorized 50,000 shares; 8,089 issued and outstanding at October 31, 2021 and 8,165 issued and outstanding at January 31, 2021 81 82
Additional paid-in capital 61,461 60,875
Treasury Stock, 58 shares at October 31, 2021 and no shares at January 31, 2021 (496) 0
Accumulated deficit (5,289) (8,357)
Accumulated other comprehensive loss (3,375) (3,287)
Total stockholders' equity 52,382 49,313
Total liabilities and stockholders' equity 122,496 102,691
Land and Buildings in Lebanon, Tennessee [Member]    
Long-term liabilities    
Finance lease liability long-term $ 9,349 $ 0