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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Oct. 31, 2011
Jan. 31, 2011
Current assets:    
Cash and cash equivalents $ 15,906 $ 14,647
Restricted cash 98 0
Accounts receivable, net 27,426 17,832
Current portion of contracts receivable 2,508 3,582
Inventories, net 5,784 4,813
Prepaid income tax 0 325
Deferred tax asset 2,120 1,427
Prepaid expenses and other current assets 2,747 2,128
Total current assets 56,589 44,754
Seismic equipment lease pool and property and equipment, net 115,213 79,095
Intangible assets, net 4,924 5,358
Goodwill 4,320 4,320
Prepaid foreign income tax 3,498 3,053
Long-term portion of contracts receivable, net 0 1,355
Other assets 39 36
Total assets 184,583 137,971
Current liabilities:    
Accounts payable 20,995 5,203
Current maturities - long-term debt 2,033 3,177
Income taxes payable 2,145 1,276
Deferred revenue 1,790 778
Accrued expenses and other current liabilities 5,704 5,165
Total current liabilities 32,667 15,599
Non-current income taxes payable 4,608 3,482
Deferred tax liability 146 832
Long-term debt, net of current maturities 4,221 23,343
Total liabilities 41,642 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; 13,349 and 10,872 shares issued at October 31, 2011 and January 31, 2011, respectively 133 109
Additional paid-in capital 111,059 77,419
Treasury stock, at cost (925 shares at October 31, 2011 and January 31, 2011) (4,857) (4,843)
Retained earnings 29,132 14,976
Accumulated other comprehensive income 7,474 7,054
Total shareholders' equity 142,941 94,715
Total liabilities and shareholders' equity $ 184,583 $ 137,971