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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Oct. 31, 2016
Jan. 31, 2016
Current assets:    
Cash and cash equivalents $ 3,232 $ 3,769
Accounts and contracts receivable, net of allowance for doubtful accounts of $5,192 and $5,821 at October 31, 2016 and January 31, 2016, respectively 11,292 19,775
Inventories, net 12,521 12,944
Prepaid income taxes 1,656 2,523
Prepaid expenses and other current assets 1,808 1,685
Total current assets 30,509 40,696
Seismic equipment lease pool and property and equipment, net 54,192 73,516
Intangible assets, net 9,442 10,466
Goodwill 3,997 4,155
Deferred tax asset 1,206 586
Long-term receivables 4,968 4,972
Other assets 28 368
Total assets 104,342 134,759
Current liabilities:    
Accounts payable 2,716 3,543
Current maturities - long-term debt 8,676 3,218
Deferred revenue 178 326
Accrued expenses and other current liabilities 2,094 5,369
Total current liabilities 13,664 12,456
Long-term debt, net of current maturities   17,266
Total liabilities 13,664 29,722
Shareholders' equity:    
Preferred stock, $1.00 par value; 1,000 shares authorized; 328 issued and outstanding 6,975  
Common stock, $0.01 par value; 20,000 shares authorized; 14,019 shares issued at October 31, 2016 and January 31, 2016 140 140
Additional paid-in capital 121,251 120,664
Treasury stock, at cost (1,929 and 1,928 shares at October 31, 2016 and January 31, 2016, respectively) (16,858) (16,854)
Retained earnings (accumulated deficit) (10,405) 13,188
Accumulated other comprehensive loss (10,425) (12,101)
Total shareholders' equity 90,678 105,037
Total liabilities and shareholders' equity $ 104,342 $ 134,759