XML 23 R6.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jul. 31, 2011
Jul. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 2,676,000 $ 5,324,000
Removal of (income) loss on discontinued operations (411,000) 988,000
Income from continuing operations 2,265,000 6,312,000
Adjustments to reconcile income from continuing operations to net cash provided by continuing operating activities:    
Stock compensation expense 352,000 708,000
Deferred income tax expense 167,000 431,000
Amortization of purchased intangibles 175,000 175,000
Depreciation 231,000 297,000
Other 6,000 67,000
Changes in operating assets and liabilities:    
Restricted cash 1,243,000 1,178,000
Accounts receivable 1,724,000 (9,904,000)
Costs and estimated earnings in excess of billings 883,000 4,621,000
Prepaid expenses and other assets (2,837,000) 1,809,000
Accounts payable and accrued expenses 1,070,000 (6,226,000)
Billings in excess of costs and estimated earnings 16,206,000 7,652,000
Net cash provided by continuing operating activities 21,485,000 7,120,000
Net cash (used in) provided by discontinued operating activities (316,000) 19,000
Net cash provided by operating activities 21,169,000 7,139,000
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment, net (59,000) (267,000)
Net cash provided by investing activities of discontinued operations 2,444,000 4,000
Net cash provided by (used in) investing activities 2,385,000 (263,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from stock options exercised 44,000 80,000
Proceeds from warrants exercised   23,000
Principal payments on long-term debt   (1,000,000)
Net cash provided by (used in) financing activities 44,000 (897,000)
NET INCREASE IN CASH AND CASH EQUIVALENTS 23,598,000 5,979,000
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 83,292,000 66,153,000
CASH AND CASH EQUIVALENTS, END OF PERIOD 106,890,000 72,132,000
Cash paid for:    
Income taxes 2,797,000 590,000
Interest   $ 25,000