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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2017
Jan. 31, 2016
Current assets:    
Cash and cash equivalents $ 2,902 $ 3,769
Restricted cash 609  
Accounts and contracts receivable, net of allowance for doubtful accounts of $3,716 and $3,633 at January 31, 2017 and January 31, 2016, respectively 15,830 21,963
Inventories, net 11,960 12,944
Prepaid income taxes 1,565 2,523
Prepaid expenses and other current assets 2,193 1,685
Total current assets 35,059 42,884
Seismic equipment lease pool and property and equipment, net 43,838 73,516
Intangible assets, net 9,012 10,466
Goodwill 3,997 4,155
Deferred tax asset   586
Long-term receivables, net of allowance for doubtful accounts of $2,188 at January 31, 2017 and January 31, 2016 2,780 2,784
Other assets 28 368
Total assets 94,714 134,759
Current liabilities:    
Accounts payable 1,929 3,543
Current maturities - long-term debt 6,371 3,218
Deferred revenue 651 326
Accrued expenses and other current liabilities 4,514 5,369
Total current liabilities 13,465 12,456
Deferred tax liability 317  
Long-term debt, net of current maturities   17,266
Total liabilities 13,782 29,722
Commitments and contingencies (Note 13, 17 and 18)
Shareholders' equity:    
Preferred stock, $1.00 par value; 1,000 shares authorized; 343 issued and outstanding 7,294  
Common stock $.01 par value; 20,000 shares authorized; 14,019 shares issued at January 31, 2017 and January 31, 2016 140 140
Additional paid-in capital 121,401 120,664
Treasury stock, at cost (1,929 and 1,928 shares at January 31, 2017 and 2016, respectively) (16,858) (16,854)
(Accumulated deficit) retained earnings (20,451) 13,188
Accumulated other comprehensive loss (10,594) (12,101)
Total shareholders' equity 80,932 105,037
Total liabilities and shareholders' equity $ 94,714 $ 134,759