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Note 2 - Significant Accounting Policies (Tables)
12 Months Ended
Jan. 31, 2023
Notes Tables  
Restrictions on Cash and Cash Equivalents [Table Text Block]

(In thousands)

 

2022

  

2021

 

Cash and cash equivalents

 $5,773  $8,214 

Restricted cash

  1,020   1,557 

Cash, cash equivalents and restricted cash shown in the statement of cash flows

 $6,793  $9,771 
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

(In thousands)

 

2022

  

2021

 

Equity adjustment foreign currency, gross

 $(6,707) $(1,947)

Minimum pension liability, gross

  -   (1,362)

Subtotal excluding tax effect

  (6,707)  (3,309)

Tax effect of equity adjustment foreign currency

  258   91 

Tax effect of minimum pension liability

  -   114 

Total accumulated other comprehensive loss

 $(6,449) $(3,104)
Schedule of Inventory, Current [Table Text Block]

(In thousands)

 

2022

  

2021

 

Raw materials

 $14,992  $13,909 

Work in process

  750   426 

Finished goods

  203   527 

Subtotal

  15,945   14,862 

Less allowance

  1,207   1,102 

Inventories, net

 $14,738  $13,760 
Property, Plant and Equipment [Table Text Block]

(In thousands)

 

2022

  

2021

 

Land, buildings and improvements

 $22,276  $22,748 

Machinery and equipment

  54,200   50,534 

Furniture, office equipment and computer systems

  3,727   3,941 

Transportation equipment

  2,727   2,000 

Subtotal

  82,930   79,223 

Less accumulated depreciation

  56,412   54,467 

Property, plant and equipment, net of accumulated depreciation

 $26,518  $24,756 
Schedule of Goodwill [Table Text Block]

(In thousands)

 

2022

  

2021

 

Balance at beginning of year

 $2,342  $2,332 

Foreign exchange adjustment

  (115)  10 

Balance at end of year

 $2,227  $2,342 
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

Basic weighted average number of common shares outstanding (in thousands)

 

2022

  

2021

 

Basic weighted average number of common shares outstanding

  7,976   8,110 

Dilutive effect of stock options and restricted stock units

  140   285 

Weighted average number of common shares outstanding assuming full dilution

  8,116   8,395 
         

Restricted stock and stock options not included in the computation of diluted EPS of common stock because the option exercise prices exceeded the average market prices

  105   39 

Canceled options during the year

  (11)  (33)

Restricted stock and stock options with an exercise price below the average stock price

  140   285