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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2019
Jan. 31, 2018
CURRENT ASSETS    
Cash and Cash Equivalents $ 7,534 $ 10,177
Securities Available for Sale   1,511
Accounts Receivable, net of reserves of $521 in 2019 and $377 in 2018 23,486 22,400
Inventories 30,161 27,609
Prepaid Expenses and Other Current Assets 1,427 1,251
Total Current Assets 62,608 62,948
Property, Plant and Equipment, net 10,380 9,752
Identifiable Intangibles, net 29,674 33,633
Goodwill 12,329 13,004
Deferred Tax Assets, net 2,928 1,829
Other 1,064 1,147
TOTAL ASSETS 118,983 122,313
CURRENT LIABILITIES    
Accounts Payable 5,956 11,808
Accrued Compensation 5,023 2,901
Other Accrued Expenses 2,911 2,414
Current Portion of Long-Term Debt 5,208 5,498
Current Liability -Royalty Obligation 1,875 1,625
Revolving credit facility 1,500  
Current Liability -Excess Royalty Payment Due 1,265 615
Income Taxes Payable 554 684
Deferred Revenue 373 367
Total Current Liabilities 24,665 25,912
NON CURRENT LIABILITIES    
Long-Term Debt, net of current portion 12,870 17,648
Royalty Obligation, net of current portion 9,916 11,760
Deferred Tax Liabilities 40 698
Other Long Term Liabilities 1,717 2,648
TOTAL LIABILITIES 49,208 58,666
Commitments and Contingencies (See Note 20)
SHAREHOLDERS' EQUITY    
Preferred Stock, $10 Par Value, Authorized 100,000 shares, None Issued
Common Stock, $0.05 Par Value, Authorized 13,000,000 shares; Issued 10,218,559 shares in 2019 and 9,996,120 shares in 2018 511 500
Additional Paid-in Capital 53,568 50,016
Retained Earnings 49,511 45,700
Treasury Stock, at Cost, 3,261,672 shares in 2019 and 3,227,942 shares in 2018 (32,997) (32,397)
Accumulated Other Comprehensive Loss, Net of Tax (818) (172)
TOTAL SHAREHOLDERS' EQUITY 69,775 63,647
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 118,983 $ 122,313