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Segment Reporting | 12 Months Ended
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Jan. 31, 2016
Segment Reporting [Abstract] |
Segment Reporting | 14. Segment Reporting As of January 31, 2016, in connection with the acquisition of Klein, the company has restructured the composition of its segments to combine the previous Seamap segment, with the newly acquired Klein, and equipment sales operations of SAP into the Equipment Manufacturing and Sales segment. In accordance with ASC 280-10-50, the Company has restated prior year’s financial information to reflect the change in reporting segments. 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; Singapore; Brisbane, Australia; and Ufa, Bashkortostan, Russia. The Equipment Manufacturing and Sales 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, Singapore and New Hampshire, with sales offices in Huntsville, Texas and Brisbane, Australia. Financial information by business segment is set forth below net of any allocations (in thousands):
|  | As of January 31, 2016 |  |  | As of January 31, 2015 |  |  | As of January 31, 2014 |
|  | Equipment Leasing |  |  | Equipment Manufacturing and Sales |  |  | Consolidated |  |  | Equipment Leasing |  |  | Equipment Manufacturing and Sales |  |  | Consolidated |  |  | Equipment Leasing |  |  | Equipment Manufacturing and Sales |  |  | Consolidated |
Fixed assets, net |  | $ | 69,238 |  |  | $ | 4,278 |  |  | $ | 73,516 |  |  | $ | 98,964 |  |  | $ | 1,123 |  |  | $ | 100,087 |  |  | $ | 128,847 |  |  | $ | 726 |  |  | $ | 129,573 |
Intangible assets, net |  |  | — |  |  |  | 10,466 |  |  |  | 10,466 |  |  |  | 1,006 |  |  |  | 9,825 |  |  |  | 10,831 |  |  |  | 1,529 |  |  |  | 1,672 |  |  |  | 3,201 |
Goodwill |  |  | — |  |  |  | 4,155 |  |  |  | 4,155 |  |  |  | — |  |  |  | 5,594 |  |  |  | 5,594 |  |  |  | — |  |  |  | 4,320 |  |  |  | 4,320 |
Total Assets |  |  | 95,932 |  |  |  | 39,059 |  |  |  | 134,759 |  |  |  | 148,985 |  |  |  | 30,982 |  |  |  | 179,611 |  |  |  | 183,911 |  |  |  | 21,814 |  |  |  | 205,419 |
|  | Years Ended January 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
|  | Equipment Leasing |  |  | Equipment Manufacturing and Sales |  |  | Consolidated |  |  | Equipment Leasing |  |  | Equipment Manufacturing and Sales |  |  | Consolidated |  |  | Equipment Leasing |  |  | Equipment Manufacturing and Sales |  |  | Consolidated |
Revenues |  | $ | 26,665 |  |  | $ | 25,350 |  |  | $ | 51,819 |  |  | $ | 52,836 |  |  | $ | 30,872 |  |  | $ | 83,146 |  |  | $ | 55,549 |  |  | $ | 36,893 |  |  | $ | 92,108 |
Interest income (expense), net |  |  | (486 | ) |  |  | (239 | ) |  |  | (725 | ) |  |  | (548 | ) |  |  | (125 | ) |  |  | (673 | ) |  |  | (6 | ) |  |  | (4 | ) |  |  | (10 | )
Operating (loss) income |  |  | (27,156 | ) |  |  | 279 |  |  |  | (26,760 | ) |  |  | (8,766 | ) |  |  | 2,178 |  |  |  | (6,745 | ) |  |  | 699 |  |  |  | 5,055 |  |  |  | 5,805 |
Capital expenditures |  |  | 2,283 |  |  |  | 226 |  |  |  | 2,509 |  |  |  | 15,874 |  |  |  | 4,026 |  |  |  | 19,900 |  |  |  | 43,663 |  |  |  | 395 |  |  |  | 44,058 |
Depreciation and amortization expense |  |  | 30,370 |  |  |  | 1,741 |  |  |  | 32,111 |  |  |  | 35,472 |  |  |  | 1,514 |  |  |  | 36,986 |  |  |  | 30,353 |  |  |  | 684 |  |  |  | 31,037 |
Approximately $196,000, $562,000 and $334,000 related to sales from Equipment Manufacturing and Sales to the Equipment Leasing segment is eliminated in the consolidated revenues for the fiscal years ended January 31, 2016, 2015 and 2014, respectively. Capital expenditures and fixed assets are reduced by approximately $6,000, $192,000 and $32,000 for the fiscal years ended January 31, 2016, 2015 and 2014, respectively, which represents the difference between the sales price and the cost to manufacture the equipment. A reconciliation of operating income is as follows (in thousands):
|  | Years Ended January 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
Equipment Leasing |  | $ | (27,156 | ) |  | $ | (8,766 | ) |  | $ | 699 |
Equipment Manufacturing and Sales |  |  | 279 |  |  |  | 2,178 |  |  |  | 5,055 |
Reconciling items: |  |  |  |  |  |  |  |  |  |  |  |
Elimination of loss (profit) from inter-company sales |  |  | 117 |  |  |  | (157 | ) |  |  | 51 |
Consolidated operating income |  | $ | (26,760 | ) |  | $ | (6,745 | ) |  | $ | 5,805 |

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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 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: 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=51669610&loc=d3e9038-108599 Reference 3: 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=51669610&loc=d3e8971-108599 Reference 4: 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=51669610&loc=d3e8595-108599 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=51669610&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 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: 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=51669610&loc=d3e8844-108599 Reference 8: 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=51669610&loc=d3e8984-108599 Reference 9: 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=51669610&loc=d3e9031-108599 Reference 10: 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=51669610&loc=d3e9054-108599 Reference 11: 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=51669610&loc=d3e8538-108599 Reference 12: 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=51669610&loc=d3e8864-108599 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=51669610&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 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
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