|
Condensed Consolidated Balance Sheets (USD $)
|
Apr. 30, 2013
|
Jan. 31, 2013
|
| CURRENT ASSETS: |
|
|
| Cash and cash equivalents |
$ 169,387,000 |
$ 175,142,000 |
| Accounts receivable, net of allowance for doubtful accounts |
19,392,000 |
24,879,000 |
| Costs and estimated earnings in excess of billings |
1,062,000 |
1,178,000 |
| Deferred income tax assets |
1,095,000 |
1,303,000 |
| Prepaid expenses and other current assets |
6,096,000 |
1,606,000 |
| TOTAL CURRENT ASSETS |
197,032,000 |
204,108,000 |
| Property, plant and equipment, net ($3,248,000 and $5,309,000 related to variable interest entities as of April 30 and January 31, 2013, respectively) |
7,399,000 |
9,468,000 |
| Goodwill |
18,476,000 |
18,476,000 |
| Intangible assets, net of accumulated amortization |
2,270,000 |
2,331,000 |
| Deferred income tax and other assets |
409,000 |
341,000 |
| TOTAL ASSETS |
225,586,000 |
234,724,000 |
| CURRENT LIABILITIES: |
|
|
| Accounts payable |
28,474,000 |
32,699,000 |
| Accrued expenses |
9,075,000 |
9,488,000 |
| Billings in excess of costs and estimated earnings |
61,485,000 |
73,359,000 |
| TOTAL CURRENT LIABILITIES |
99,034,000 |
115,546,000 |
| Other liabilities |
8,000 |
10,000 |
| TOTAL LIABILITIES |
99,042,000 |
115,556,000 |
| COMMITMENTS AND CONTINGENCIES (Note 12) |
|
|
| STOCKHOLDERS' EQUITY: |
|
|
| Preferred stock, par value $0.10 per share - 500,000 shares authorized; no shares issued and outstanding |
|
|
| Common stock, par value $0.15 per share - 30,000,000 shares authorized; 13,977,560 shares issued at April 30 and January 31, 2013; 13,974,327 shares outstanding at April 30 and January 31, 2013 |
2,096,000 |
2,096,000 |
| Additional paid-in capital |
95,440,000 |
95,004,000 |
| Retained earnings |
30,260,000 |
23,850,000 |
| Treasury stock, at cost - 3,233 shares at April 30 and January 31, 2013 |
(33,000) |
(33,000) |
| TOTAL STOCKHOLDERS' EQUITY |
127,763,000 |
120,917,000 |
| Noncontrolling interests (variable interest entities, Note 2) |
(1,219,000) |
(1,749,000) |
| TOTAL EQUITY |
126,544,000 |
119,168,000 |
| TOTAL LIABILITIES AND EQUITY |
$ 225,586,000 |
$ 234,724,000 |