XML 36 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
Apr. 30, 2013
Jan. 31, 2013
Current assets:    
Cash and cash equivalents $ 16,544,000 $ 15,150,000
Restricted cash 775,000 801,000
Accounts receivable, net 28,416,000 23,131,000
Current portion of contracts and notes receivable 1,638,000 2,096,000
Inventories, net 7,445,000 6,188,000
Prepaid income taxes 5,528,000 5,591,000
Deferred tax asset 1,900,000 1,842,000
Prepaid expenses and other current assets 4,619,000 3,079,000
Total current assets 66,865,000 57,878,000
Seismic equipment lease pool and property and equipment, net 111,829,000 119,608,000
Intangible assets, net 3,815,000 3,989,000
Goodwill 4,320,000 4,320,000
Deferred tax asset 3,919,000 4,296,000
Other assets 87,000 316,000
Total assets 190,835,000 190,407,000
Current liabilities:    
Accounts payable 3,599,000 6,921,000
Current maturities - long-term debt 147,000 145,000
Deferred revenue 1,134,000 539,000
Accrued expenses and other current liabilities 3,486,000 1,875,000
Total current liabilities 8,366,000 9,480,000
Non-current income taxes payable 376,000 376,000
Long-term debt, net of current maturities 2,199,000 4,238,000
Total liabilities 10,941,000 14,094,000
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; 13,783 and 13,763 shares issued at April 30, 2013 and January 31, 2013, respectively 138,000 138,000
Additional paid-in capital 116,888,000 116,506,000
Treasury stock, at cost (1,029 and 926 shares at April 30, 2013 and January 31, 2013, respectively) (6,387,000) (4,860,000)
Retained earnings 62,655,000 56,348,000
Accumulated other comprehensive income 6,600,000 8,181,000
Total shareholders' equity 179,894,000 176,313,000
Total liabilities and shareholders' equity $ 190,835,000 $ 190,407,000