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CONCENTRATIONS OF REVENUES
12 Months Ended
Jan. 31, 2016
CONCENTRATIONS OF REVENUES  
CONCENTRATIONS OF REVENUES

 

NOTE 19 — CONCENTRATIONS OF REVENUES

 

During the years ended January 31, 2016, 2015 and 2014, the majority of the Company’s revenues related to engineering, procurement and construction services that were provided by GPS to the power industry. Revenues from power industry services accounted for approximately 94%, 98% and 96% of consolidated revenues for the years ended January 31, 2016, 2015 and 2014, respectively.

 

For the year ended January 31, 2016, the Company’s most significant customer relationships included two power industry service customers which accounted for 38% and 35% of consolidated revenues. For the year ended January 31, 2015, the Company’s most significant customer relationships included three power industry service customers which accounted for 45%, 41% and 12% of consolidated revenues. The Company’s most significant customer relationships for the year ended January 31, 2014 included three power industry service customers which accounted for 33%, 24% and 22% of consolidated revenues.

 

Accounts receivable from the two major customers for Fiscal 2016 each represented 27% of the corresponding consolidated balance as of January 31, 2016, and they represented 50% and 45% of the corresponding consolidated balance as of January 31, 2015.