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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2024
Jan. 31, 2023
Current assets:    
Cash $ 5,286 $ 1,057
Trade accounts receivables (net of allowance of $200 at January 31, 2024 and 2023) 23,161 18,435
Other receivables 20 68
Income tax receivable 0 19
Inventories 58,371 67,406
Prepaid expenses and other current assets 2,188 2,083
Total current assets 89,026 89,068
Property, plant, and equipment    
Land 3,731 3,731
Land improvements 694 686
Buildings and building improvements 51,576 51,310
Machinery and equipment 114,400 113,662
Leasehold improvements 523 983
Total property, plant, and equipment 170,924 170,372
Less accumulated depreciation and amortization 136,356 135,810
Net property, plant, and equipment 34,568 34,562
Operating lease right-of-use assets 6,508 10,120
Deferred income tax assets 6,634 7,800
Other assets 9,709 8,576
Total assets 146,445 150,126
Current liabilities:    
Accounts payable 12,945 19,448
Accrued compensation and employee benefits 10,880 9,554
Income tax payable 145 0
Current portion of long-term debt 248 7,360
Current portion of operating lease liability 5,744 5,082
Other accrued liabilities 8,570 7,081
Total current liabilities 38,532 48,525
Non-current liabilities:    
Accrued self-insurance 650 1,050
Accrued retirement benefits 9,429 10,676
Income tax payable 128 79
Long-term debt, less current portion 4,136 14,384
Operating lease liability, less current portion 1,829 6,796
Other long-term liabilities 562 555
Total non-current liabilities 16,734 33,540
Commitments and contingencies (Note 8)
Preferred stock:    
Authorized 3,000,000 shares, $0.01 par value; none issued or outstanding 0 0
Common stock:    
Authorized 25,000,000 shares, $0.01 par value; issued and outstanding 16,347,314 shares in 2024 and 16,210,985 shares in 2023 164 162
Additional paid-in capital 121,373 120,890
Accumulated deficit (29,048) (50,631)
Accumulated other comprehensive loss (1,310) (2,360)
Total stockholders’ equity 91,179 68,061
Total liabilities and stockholders’ equity $ 146,445 $ 150,126