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Segment Reporting | 12 Months Ended
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Jan. 31, 2018
Segment Reporting [Abstract] |
Segment Reporting | Segment Reporting The Marine Technology Products 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. 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. Financial information by business segment is set forth below net of any allocations (in thousands):
| As of January 31, 2018 |  | As of January 31, 2017 |  | As of January 31, 2016
| Marine Technology Products |  | Equipment Leasing |  | Consolidated |  | Marine Technology Products |  | Equipment Leasing |  | Consolidated |  | Marine Technology Products |  | Equipment Leasing |  | Consolidated
Fixed assets, net | $ | 3,790 |  |  | $ | 19,161 |  |  | $ | 22,900 |  |  | $ | 4,036 |  |  | $ | 39,926 |  |  | $ | 43,838 |  |  | $ | 4,278 |  |  | $ | 69,238 |  |  | $ | 73,516 |
Intangible assets, net | 8,015 |  |  | — |  |  | 8,015 |  |  | 9,012 |  |  | — |  |  | 9,012 |  |  | 10,466 |  |  | — |  |  | 10,466 |
Goodwill | 2,531 |  |  | — |  |  | 2,531 |  |  | 3,997 |  |  | — |  |  | 3,997 |  |  | 4,155 |  |  | — |  |  | 4,155 |
Total Assets | 35,879 |  |  | 37,850 |  |  | 73,679 |  |  | 37,294 |  |  | 57,544 |  |  | 94,714 |  |  | 39,059 |  |  | 95,932 |  |  | 134,759 |
| Year ended January 31,
| 2018 |  | 2017 |  | 2016
| Marine Technology Products |  | Equipment Leasing |  | Corporate expenses |  | Consolidated |  | Marine Technology Products |  | Equipment Leasing |  | Corporate expenses |  | Consolidated |  | Marine Technology Products |  | Equipment Leasing |  | Corporate expenses |  | Consolidated
Revenues | $ | 27,572 |  |  | $ | 20,919 |  |  | — |  |  | $ | 48,276 |  |  | $ | 25,100 |  |  | $ | 15,941 |  |  | $ | — |  |  | $ | 40,999 |  |  | $ | 25,350 |  |  | $ | 26,665 |  |  | $ | — |  |  | $ | 51,819 |
Interest expense, net | (18 | ) |  | 65 |  |  | — |  |  | 47 |  |  | (178 | ) |  | (465 | ) |  | — |  |  | (643 | ) |  | (239 | ) |  | (486 | ) |  | — |  |  | (725 | )
Operating (loss) income | (2,572 | ) |  | (13,930 | ) |  | (3,211 | ) |  | (19,708 | ) |  | (508 | ) |  | (27,782 | ) |  | (3,001 | ) |  | (31,290 | ) |  | 279 |  |  | (23,454 | ) |  | (3,702 | ) |  | (26,760 | )
Capital expenditures | 268 |  |  | 1,049 |  |  | — |  |  | 1,317 |  |  | 263 |  |  | 20 |  |  | — |  |  | 283 |  |  | 226 |  |  | 2,283 |  |  | — |  |  | 2,509 |
Depreciation and amortization expense | 1,991 |  |  | 14,652 |  |  | — |  |  | 16,637 |  |  | 2,054 |  |  | 26,221 |  |  | — |  |  | 28,275 |  |  | 1,741 |  |  | 30,370 |  |  | — |  |  | 32,111 |
Approximately $216,000, $62,000 and $196,000 related to sales from Marine Technology Products to the Equipment Leasing segment is eliminated in the consolidated revenues for the fiscal years ended January 31, 2018, 2017 and 2016, respectively. Capital expenditures and fixed assets are reduced by approximately $6,000 and $192,000 for the fiscal years ended January 31, 2017 and 2016, 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,
| 2018 |  | 2017 |  | 2016
Marine Technology Products | $ | (2,572 | ) |  | $ | (508 | ) |  | $ | 279 |
Equipment Leasing | (13,930 | ) |  | (27,782 | ) |  | (23,454 | )
Corporate Expenses | (3,211 | ) |  | (3,001 | ) |  | (3,702 | )
Reconciling items: |  |  |  |  |
Elimination of loss from inter-company sales | 5 |  |  | 1 |  |  | 117 |
Consolidated operating income | $ | (19,708 | ) |  | $ | (31,290 | ) |  | $ | (26,760 | )

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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 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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