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Contractual Obligations
12 Months Ended
Jan. 31, 2013
Contractual Obligations [Abstract]  
Contractual Obligations

Note 9—Contractual Obligations

The following table summarizes our contractual obligations:

 

                                                 
    Total     2014     2015     2016     2017     2018
and
Thereafter
 
(In thousands)                                    

Purchase Commitments*

  $ 9,420     $ 8,173     $ 1,247     $ —       $ —       $ —    

Operating Lease Obligations

  $ 887     $ 372     $ 273     $ 138       104       —    
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
    $ 10,307     $ 8,545     $ 1,520     $ 138     $ 104     $ —    
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

* Purchase commitments consists primarily of inventory and equipment purchase orders made in the ordinary course of business, including the purchase commitment agreement entered into with Buyer of the Asheboro operations as described in Note 2.

The Company incurred rent and lease expenses in the amount of $607,000 and $706,000 for the fiscal years 2013 and 2012, respectively.