XML 32 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jul. 31, 2011
Jan. 31, 2011
Current assets:    
Cash and cash equivalents $ 13,897 $ 14,647
Restricted cash 102 0
Accounts receivable, net 21,208 17,832
Current portion of contracts receivable 3,380 3,582
Inventories, net 5,597 4,813
Prepaid income tax 711 325
Deferred tax asset 1,396 1,427
Prepaid expenses and other current assets 3,395 2,128
Total current assets 49,686 44,754
Seismic equipment lease pool and property and equipment, net 101,563 79,095
Intangible assets, net 5,231 5,358
Goodwill 4,320 4,320
Prepaid foreign income tax 3,434 3,053
Long-term portion of contracts receivable, net 0 1,355
Other assets 40 36
Total assets 164,274 137,971
Current liabilities:    
Accounts payable 6,961 5,203
Current maturities - long-term debt 2,662 3,177
Income taxes payable 408 1,276
Deferred revenue 1,790 778
Accrued expenses and other current liabilities 8,594 5,165
Total current liabilities 20,415 15,599
Non-current income taxes payable 4,445 3,482
Deferred tax liability 84 832
Long-term debt, net of current maturities 1,084 23,343
Total liabilities 26,028 43,256
Shareholders' equity:    
Preferred stock, $1.00 par value; 1,000 shares authorized; none issued and outstanding    
Common stock, $0.01 par value; 20,000 shares authorized; 13,339 and 10,872 shares issued at July 31, 2011 and January 31, 2011, respectively 133 109
Additional paid-in capital 110,773 77,419
Treasury stock, at cost (925 shares at July 31, 2011 and January 31, 2011) (4,857) (4,843)
Retained earnings 22,369 14,976
Accumulated other comprehensive income 9,828 7,054
Total shareholders' equity 138,246 94,715
Total liabilities and shareholders' equity $ 164,274 $ 137,971