Seismic Equipment Lease Pool and Property and Equipment

12 Months Ended

Jan. 31, 2019

Property, Plant and Equipment [Abstract]

Seismic Equipment Lease Pool and Property and Equipment

Seismic Equipment Lease Pool and Property and Equipment

Seismic equipment lease pool and property and equipment consisted of the following (in thousands)

	As of January 31,
	2019			2018
Recording channels	$	84,207		$	89,397
Other peripheral equipment	63,312			84,877
Cost of seismic equipment lease pool	147,519			174,274
Land and buildings	4,041			3,380
Furniture and fixtures	9,897			10,222
Autos and trucks	571			722
Cost of property and equipment	14,509			14,324
Cost of seismic equipment lease pool and property and equipment	162,028			188,598
Less accumulated depreciation	(147,873		)	(165,698		)
Net book value of seismic equipment lease pool and property and equipment	$	14,155		$	22,900

As of January 31, 2019 and 2018, the Company completed an annual review of long-lived assets by comparing undiscounted future cash flows to be generated by our lease pool assets to the carrying value of our lease pool assets noting that the undiscounted future cash flows exceeded their carrying value and no impairment has been recorded.

Location of seismic equipment lease pool and property and equipment (in thousands):

	As of January 31,
	2019		2018
United States	$	1,566	$	4,973
Europe	5,564		6,557
Canada	93		2,134
Latin America	1,365		2,390
Singapore	4,496		4,793
Malaysia	1,071		—
Australia	—		737
Russia	—		1,316
Net book value of seismic equipment lease pool and property and equipment	$	14,155	$	22,900