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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Apr. 30, 2016
Jan. 31, 2016
Current assets:    
Cash and cash equivalents $ 2,360 $ 3,769
Accounts and contracts receivable, net of allowance for doubtful accounts of $5,824 and $5,821at April 30, 2016 and January 31, 2016, respectively 18,138 19,775
Inventories, net 13,016 12,944
Prepaid income taxes 1,409 2,523
Prepaid expenses and other current assets 2,105 1,685
Total current assets 37,028 40,696
Seismic equipment lease pool and property and equipment, net 68,594 73,516
Intangible assets, net 10,501 10,466
Goodwill 4,226 4,155
Deferred tax asset 908 586
Long-term receivables 4,968 4,972
Other assets 275 368
Total assets 126,500 134,759
Current liabilities:    
Accounts payable 2,102 3,543
Current maturities - long-term debt 3,219 3,218
Deferred revenue 486 326
Accrued expenses and other current liabilities 4,910 5,369
Total current liabilities 10,717 12,456
Long-term debt, net of current maturities 14,516 17,266
Total liabilities $ 25,233 $ 29,722
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; 14,019 shares issued at April 30, 2016 and January 31, 2016 $ 140 $ 140
Additional paid-in capital 120,676 120,664
Treasury stock, at cost (1,928 shares at April 30, 2016 and January 31, 2016) (16,854) (16,854)
Retained earnings 6,745 13,188
Accumulated other comprehensive loss (9,440) (12,101)
Total shareholders' equity 101,267 105,037
Total liabilities and shareholders' equity $ 126,500 $ 134,759