v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2026
Jan. 31, 2026
CURRENT ASSETS    
Cash and Cash Equivalents $ 4,675 $ 4,072
Accounts Receivable, net 21,627 18,985
Inventories, net of reserves 43,926 43,252
Prepaid Expenses and Other Current Assets 4,425 4,395
Total Current Assets 74,653 70,704
Property, Plant and Equipment, net 13,646 14,128
Identifiable Intangibles, net 20,684 21,496
Goodwill 17,244 17,376
Deferred Tax Assets, net 9,780 9,831
Right of Use Asset 2,307 2,466
Other Assets 1,542 1,565
TOTAL ASSETS 139,856 137,566
CURRENT LIABILITIES    
Accounts Payable 7,601 6,806
Accrued Compensation 4,673 4,390
Other Accrued Expenses 7,564 4,702
Revolving Credit Facility 15,398 16,273
Current Portion of Long-Term Debt 4,272 3,033
Current Liability—Royalty Obligation 1,233 1,656
Current Liability—Excess Royalty Payment Due 194 331
Income Taxes Payable 1,036 691
Deferred Revenue 393 489
Total Current Liabilities 42,364 38,371
NON-CURRENT LIABILITIES    
Long-Term Debt, net of current portion 16,234 18,295
Lease Liabilities, net of current portion 1,784 1,953
Grant Deferred Revenue 926 899
Income Taxes Payable, net of current portion 800 800
Royalty Obligation, net of current portion 160 145
Other Long-Term Liabilities 66 241
TOTAL LIABILITIES 62,334 60,704
SHAREHOLDERS' EQUITY    
Preferred Stock, $10 Par Value, Authorized 100,000 shares, None Issued
Common Stock, $0.05 Par Value, Authorized 13,000,000 shares; Issued 11,156,635 and 11,077,051 shares at April 30, 2026 and January 31, 2026, respectively 558 554
Additional Paid-in Capital 66,889 66,329
Retained Earnings 47,657 47,004
Treasury Stock, at Cost, 3,433,213 and 3,415,144 shares in April 30, 2026 and January 31, 2026, respectively (35,418) (35,227)
Accumulated Other Comprehensive Loss, net of tax (2,164) (1,798)
TOTAL SHAREHOLDERS' EQUITY 77,522 76,862
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 139,856 $ 137,566