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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 27, 2018
Jan. 31, 2018
CURRENT ASSETS    
Cash and Cash Equivalents $ 7,816 $ 10,177
Securities Available for Sale   1,511
Accounts Receivable, net of allowance for doubtful accounts of $501 at October 27, 2018 and $377 at January 31, 2018 21,717 22,400
Inventories, net 28,330 27,609
Prepaid Expenses and Other Current Assets 2,014 1,251
Total Current Assets 59,877 62,948
PROPERTY, PLANT AND EQUIPMENT 44,568 42,877
Less Accumulated Depreciation (34,459) (33,125)
Property, Plant and Equipment, net 10,109 9,752
OTHER ASSETS    
Intangible Assets, net 30,685 33,633
Goodwill 12,283 13,004
Deferred Tax Assets 1,827 1,829
Other 1,275 1,147
Total Other Assets 46,070 49,613
TOTAL ASSETS 116,056 122,313
CURRENT LIABILITIES    
Accounts Payable 5,355 11,808
Accrued Compensation 3,853 2,901
Other Liabilities and Accrued Expenses 2,697 2,414
Current Portion of Long-Term Debt 5,116 5,498
Current Portion of Royalty Obligation 1,750 1,625
Revolving Credit Facility 1,500  
Current Liability – Excess Royalty Payment Due 1,246 615
Deferred Revenue 374 367
Income Taxes Payable   684
Total Current Liabilities 21,891 25,912
NON CURRENT LIABILITIES    
Long-Term Debt, net of current portion 14,068 17,648
Royalty Obligation, net of current portion 10,408 11,760
Deferred Tax Liabilities 614 698
Other Liabilities 1,667 2,648
TOTAL LIABILITIES 48,648 58,666
SHAREHOLDERS’ EQUITY    
Common Stock, $0.05 Par Value, Authorized 13,000,000 shares; Issued 10,196,755 shares and 9,996,120 shares at October 27, 2018 and January 31, 2018, respectively 510 500
Additional Paid-in Capital 52,948 50,016
Retained Earnings 47,693 45,700
Treasury Stock, at Cost, 3,259,473 and 3,227,942 shares at October 27, 2018 and January 31, 2018, respectively (32,960) (32,397)
Accumulated Other Comprehensive Loss, net of tax (783) (172)
TOTAL SHAREHOLDERS’ EQUITY 67,408 63,647
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 116,056 $ 122,313