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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2017
Jan. 31, 2016
CURRENT ASSETS    
Cash and Cash Equivalents $ 18,098 $ 10,043
Securities Available for Sale 6,723 10,376
Accounts Receivable, net of reserves of $266 in 2017 and $404 in 2016 15,702 15,325
Inventories 19,506 14,890
Prepaid Expenses and Other Current Assets 1,394 3,880
Total Current Assets 61,423 54,514
PROPERTY, PLANT AND EQUIPMENT    
Land and Improvements 967 967
Buildings and Improvements 11,266 11,350
Machinery and Equipment 28,145 27,396
Total Property, Plant and Equipment, gross 40,378 39,713
Less Accumulated Depreciation (31,098) (29,906)
Total Property, Plant and Equipment, net 9,280 9,807
OTHER ASSETS    
Identifiable Intangibles, net 5,264 5,980
Goodwill 4,521 4,521
Deferred Tax Assets 2,811 3,049
Other 366 92
Total Other Assets 12,962 13,642
TOTAL ASSETS 83,665 77,963
CURRENT LIABILITIES    
Accounts Payable 4,957 3,192
Accrued Compensation 2,936 3,436
Other Accrued Expenses 2,171 2,209
Deferred Revenue 472 529
Income Taxes Payable 1,449 182
Total Current Liabilities 11,985 9,548
Deferred Tax Liabilities 11 78
Other Long Term Liabilities 1,132 964
TOTAL LIABILITIES 13,128 10,590
Commitments and Contingencies (See Note 18)
SHAREHOLDERS' EQUITY    
Preferred Stock, $10 Par Value, Authorized 100,000 shares, None Issued
Common Stock, $0.05 Par Value, Authorized 13,000,000 shares; Issued 9,834,906 shares in 2017 and 9,666,290 shares in 2016 492 483
Additional Paid-in Capital 47,524 45,675
Retained Earnings 44,358 42,212
Treasury Stock, at Cost, 2,375,076 shares in 2017 and 2,323,545 shares in 2016 (20,781) (20,022)
Accumulated Other Comprehensive Loss, Net of Tax (1,056) (975)
TOTAL SHAREHOLDERS' EQUITY 70,537 67,373
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 83,665 $ 77,963