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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 31, 2015
Jan. 31, 2015
Current assets:    
Cash and cash equivalents $ 2,800 $ 5,175
Restricted cash 71 184
Accounts receivable, net 18,093 23,693
Contracts and notes receivable 3,201 3,639
Inventories, net 14,477 11,451
Prepaid income taxes 1,691 1,018
Deferred tax asset 2,453 2,427
Prepaid expenses and other current assets 2,787 6,562
Total current assets 45,573 54,149
Seismic equipment lease pool and property and equipment, net 86,542 100,087
Intangible assets, net 9,975 10,831
Goodwill 5,579 5,594
Deferred tax asset 12,014 8,922
Other assets 27 28
Total assets 159,710 179,611
Current liabilities:    
Accounts payable 1,761 2,399
Current maturities - long-term debt 3,117 3,218
Deferred revenue 481 710
Accrued expenses and other current liabilities 4,004 3,673
Total current liabilities 9,363 10,000
Long-term debt, net of current maturities 11,157 23,137
Total liabilities $ 20,520 $ 33,137
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; 14,012 shares issued at July 31, 2015 and January 31, 2015 $ 140 $ 140
Additional paid-in capital 120,234 119,787
Treasury stock, at cost (1,928 shares at July 31, 2015 and January 31, 2015, respectively) (16,851) (16,851)
Retained earnings 45,839 51,924
Accumulated other comprehensive loss (10,172) (8,526)
Total shareholders' equity 139,190 146,474
Total liabilities and shareholders' equity $ 159,710 $ 179,611