Property, Plant and Equipment

6 Months Ended

Jul. 31, 2014

Property Plant And Equipment [Abstract]

Property, Plant and Equipment

NOTE 6 - PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment at July 31, 2014 and January 31, 2014 consisted of the following:

	July 31, 2014		January 31, 2014
Land and improvements	$	473,000	$	473,000
Building and improvements		2,800,000		2,779,000
Furniture, machinery and equipment		3,620,000		3,560,000
Trucks and other vehicles		1,509,000		1,578,000
		8,402,000		8,390,000
Less – accumulated depreciation		4,350,000		4,207,000
Property, plant and equipment, net	$	4,052,000	$	4,183,000

Depreciation expense amounts were approximately $141,000 and $136,000 for the three months ended July 31, 2014 and 2013, respectively, and were approximately $283,000 and $265,000 for the six months ended July 31, 2014 and 2013, respectively. The costs of maintenance and repairs totaled $70,000 and $55,000 for the three months ended July 31, 2014 and 2013, respectively, and $119,000 and $121,000 for the six months ended July 31, 2014 and 2013, respectively.

The Company also uses equipment and occupies facilities under non-cancelable operating leases and other rental agreements. Rent included in the selling, general and administrative expenses was $49,000 and $34,000 for the three months ended July 31, 2014 and 2013, respectively, and was $97,000 and $69,000 for the six months ended July 31, 2014 and 2013, respectively. Rent incurred on construction projects and included in the costs of revenues was $2,965,000 and $782,000 for the three months ended July 31, 2014 and 2013, respectively, and was $4,561,000 and $1,799,000 for the six months ended July 31, 2014 and 2013, respectively.