|
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
|
Jul. 31, 2013
|
Jan. 31, 2013
|
Jul. 31, 2012
|
| Current assets: |
|
|
|
| Cash |
$ 2,443 |
$ 853 |
$ 3,347 |
| Trade accounts receivable, net |
32,088 |
8,835 |
32,670 |
| Other receivables |
107 |
108 |
41 |
| Income tax receivable |
304 |
259 |
298 |
| Inventories: |
|
|
|
| Finished goods, net |
14,137 |
4,968 |
14,439 |
| Work in process, net |
12,243 |
11,041 |
13,718 |
| Raw materials and supplies, net |
10,460 |
9,308 |
9,527 |
| Total inventories |
36,840 |
25,317 |
37,684 |
| Prepaid expenses and other current assets |
1,724 |
1,665 |
1,897 |
| Total current assets |
73,506 |
37,037 |
75,937 |
| Property, plant and equipment: |
|
|
|
| Land |
1,671 |
1,671 |
1,671 |
| Land improvements |
1,213 |
1,213 |
1,213 |
| Buildings and building improvements |
47,263 |
47,703 |
47,794 |
| Machinery and equipment |
116,335 |
119,407 |
119,591 |
| Leasehold improvements |
2,417 |
2,452 |
2,456 |
| Total property, plant and equipment |
168,899 |
172,446 |
172,725 |
| Less accumulated depreciation and amortization |
132,204 |
135,564 |
134,892 |
| Net property, plant and equipment |
36,695 |
36,882 |
37,833 |
| Deferred tax assets, net |
1,404 |
1,484 |
2,005 |
| Other assets |
6,722 |
6,835 |
6,972 |
| Total assets |
118,327 |
82,238 |
122,747 |
| Current liabilities: |
|
|
|
| Accounts payable |
17,282 |
11,864 |
18,596 |
| Accrued compensation and employee benefits |
4,143 |
3,426 |
4,051 |
| Current portion of long-term debt |
22,668 |
4,053 |
20,843 |
| Deferred tax liability |
572 |
572 |
1,221 |
| Other accrued liabilities |
8,110 |
4,596 |
8,120 |
| Total current liabilities |
52,775 |
24,511 |
52,831 |
| Non-current liabilities: |
|
|
|
| Accrued self-insurance retention |
2,614 |
2,585 |
2,281 |
| Accrued pension expenses |
26,567 |
26,385 |
25,248 |
| Income tax payable |
98 |
142 |
505 |
| Long-term debt, less current portion |
6,000 |
0 |
6,000 |
| Other accrued liabilities |
1,372 |
1,595 |
2,436 |
| Total non-current liabilities |
36,651 |
30,707 |
36,470 |
| Commitments and Contingencies |
|
|
|
| Preferred stock: |
|
|
|
| Authorized 3,000,000 shares, $.01 par value; none issued or outstanding |
0 |
0 |
0 |
| Common stock: |
|
|
|
| Authorized 25,000,000 shares, $.01 par value; Issued 14,730,319 shares at 7/31/2013; and 14,550,371 shares at 1/31/2013 and 7/31/2012 |
147 |
146 |
145 |
| Additional paid-in capital |
115,817 |
115,670 |
115,388 |
| Accumulated deficit |
(71,077) |
(72,810) |
(66,759) |
| Accumulated comprehensive loss |
(15,986) |
(15,986) |
(15,328) |
| Total stockholders' equity |
28,901 |
27,020 |
33,446 |
| Total liabilities and stockholders' equity |
$ 118,327 |
$ 82,238 |
$ 122,747 |