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Segment Reporting | 12 Months Ended
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Jan. 31, 2013
Segment Reporting/Sales and Major Customers [Abstract] |
Segment Reporting | 14. Segment Reporting The Equipment Leasing segment offers for lease or sale, new and “experienced” seismic equipment to the oil and gas industry, seismic contractors, environmental agencies, government agencies and universities. The Equipment Leasing segment is headquartered in Huntsville, Texas, with sales and services offices in Calgary, Canada; Brisbane, Australia; Ufa, Bashkortostan, Russia. The Seamap segment is engaged in the design, manufacture and sale of state-of-the-art seismic and offshore telemetry systems. Manufacturing, support and sales facilities are maintained in the UK and Singapore with a sales office in Huntsville, Texas. Financial information by business segment is set forth below net of any allocations (in thousands):
|  | As of January 31, 2013 |  |  | As of January 31, 2012 |  |  | As of January 31, 2011 |
|  | Equipment Leasing |  |  | Seamap |  |  | Consolidated |  |  | Equipment Leasing |  |  | Seamap |  |  | Consolidated |  |  | Equipment Leasing |  |  | Seamap |  |  | Consolidated |
Fixed assets, net |  | $ | 118,801 |  |  | $ | 807 |  |  | $ | 119,608 |  |  | $ | 119,824 |  |  | $ | 553 |  |  | $ | 120,377 |  |  | $ | 78,586 |  |  | $ | 509 |  |  | $ | 79,095 |
Intangible assets, net |  |  | 2,111 |  |  |  | 1,878 |  |  |  | 3,989 |  |  |  | 2,511 |  |  |  | 2,185 |  |  |  | 4,696 |  |  |  | 2,936 |  |  |  | 2,422 |  |  |  | 5,358 |
Goodwill |  |  | — |  |  |  | 4,320 |  |  |  | 4,320 |  |  |  | — |  |  |  | 4,320 |  |  |  | 4,320 |  |  |  | — |  |  |  | 4,320 |  |  |  | 4,320 |
Total Assets |  |  | 171,971 |  |  |  | 18,578 |  |  |  | 190,407 |  |  |  | 175,930 |  |  |  | 22,630 |  |  |  | 198,229 |  |  |  | 118,929 |  |  |  | 19,569 |  |  |  | 137,971 |
|  | Years Ended January 31, |
|  | 2013 |  |  | 2012 |  |  | 2011 |
|  | Equipment Leasing |  |  | Seamap |  |  | Consolidated |  |  | Equipment Leasing |  |  | Seamap |  |  | Consolidated |  |  | Equipment Leasing |  |  | Seamap |  |  | Consolidated |
Revenues |  | $ | 73,516 |  |  | $ | 32,210 |  |  | $ | 104,685 |  |  | $ | 84,428 |  |  | $ | 28,703 |  |  | $ | 112,834 |  |  | $ | 50,018 |  |  | $ | 22,462 |  |  | $ | 71,363 |
Interest income (expense), net |  |  | 11 |  |  |  | — |  |  |  | 11 |  |  |  | (397 | ) |  |  | 1 |  |  |  | (396 | ) |  |  | (470 | ) |  |  | (3 | ) |  |  | (473 | )
Income before taxes |  |  | 2,865 |  |  |  | 10,835 |  |  |  | 13,524 |  |  |  | 24,081 |  |  |  | 10,195 |  |  |  | 34,330 |  |  |  | 1,527 |  |  |  | 5,402 |  |  |  | 6,794 |
Capital expenditures |  |  | 45,181 |  |  |  | 478 |  |  |  | 45,659 |  |  |  | 63,198 |  |  |  | 469 |  |  |  | 63,667 |  |  |  | 32,876 |  |  |  | 243 |  |  |  | 33,119 |
Depreciation and amortization expense |  |  | 34,320 |  |  |  | 619 |  |  |  | 34,939 |  |  |  | 28,215 |  |  |  | 559 |  |  |  | 28,774 |  |  |  | 22,120 |  |  |  | 597 |  |  |  | 22,717 |
Approximately $1,041,000, $297,000 and $1,117,000 related to sales from Seamap to the Equipment Leasing segment is eliminated in the consolidated revenues for the fiscal years ended January 31, 2013, 2012 and 2011, respectively. Capital expenditures and fixed assets are reduced by approximately $349,000, $272,000 and $292,000 for the fiscal years ended January 31, 2013, 2012 and 2011, respectively, which represents the difference between the sales price and the cost to manufacture the equipment. A reconciliation of income before taxes is as follows (in thousands):
|  | Years Ended January 31, |
|  | 2013 |  |  | 2012 |  |  | 2011 |
Equipment Leasing |  | $ | 2,865 |  |  | $ | 24,081 |  |  | $ | 1,527 |
Seamap |  |  | 10,835 |  |  |  | 10,195 |  |  |  | 5,402 |
Reconciling items: |  |  |  |  |  |  |  |  |  |  |  |
Elimination of (profit) loss from inter-company sales |  |  | (176 | ) |  |  | 54 |  |  |  | (135 | )
Consolidated income before taxes |  | $ | 13,524 |  |  | $ | 34,330 |  |  | $ | 6,794 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 + Details
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