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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 30, 2016
Jan. 31, 2016
Current Assets    
Cash $ 63,782 $ 89,465
Receivables (net of allowance of $3,768 and $3,591 as of April 30, 2016 and January 31, 2016, respectively) 55,389 56,552
Inventories 684,829 689,464
Prepaid expenses and other 6,686 9,753
Income taxes receivable 11,862 13,011
Total current assets 822,548 858,245
Noncurrent Assets    
Intangible assets, net of accumulated amortization 5,091 5,134
Property and equipment, net of accumulated depreciation 177,082 183,179
Other 1,322 1,317
Total noncurrent assets 183,495 189,630
Total Assets 1,006,043 1,047,875
Current Liabilities    
Accounts payable 18,322 16,863
Floorplan payable 446,304 444,780
Current maturities of long-term debt 13,333 1,557
Customer deposits 16,769 31,159
Accrued expenses 27,245 28,914
Income taxes payable 38 152
Total current liabilities 522,011 523,425
Long-Term Liabilities    
Senior convertible notes 108,105 134,145
Long-term debt, less current maturities 26,223 38,409
Deferred income taxes 10,809 11,135
Other long-term liabilities 2,269 2,412
Total long-term liabilities $ 147,406 $ 186,101
Commitments and Contingencies
Stockholders' Equity    
Common stock, par value $.00001 per share, 45,000 shares authorized; 21,588 shares issued and outstanding at April 30, 2016; 21,604 shares issued and outstanding at January 31, 2016 $ 0 $ 0
Additional paid-in-capital 243,736 242,491
Retained earnings 95,842 99,526
Accumulated other comprehensive loss (3,559) (4,461)
Total Titan Machinery Inc. stockholders' equity 336,019 337,556
Noncontrolling interest 607 793
Total stockholders' equity 336,626 338,349
Total Liabilities and Stockholders' Equity $ 1,006,043 $ 1,047,875