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Contracts and Notes Receivable
12 Months Ended
Jan. 31, 2015
Receivables [Abstract]  
Contracts and Notes Receivable

6. Contracts and Notes Receivable

Contracts and notes receivable consisted of $3.6 million, due from three customers as of January 31, 2015 and $1.0 million due from three customers as of January 31, 2014. The balance of contracts receivable at January 31, 2015 and 2014 consisted of contracts bearing interest at an average of approximately 1.9% and 8.5% respectively and with remaining repayment terms from one to ten months and two to eight months, respectively. These contracts are collateralized by the equipment sold and are considered collectable, thus no allowances have been established for them.