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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2018
Apr. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 4,842 $ 20,749
Adjustments to reconcile net income to net cash (used in) provided by operating activities    
Stock compensation expense 568 1,112
Depreciation 771 572
Change in accrued interest on short-term investments (150) (296)
Amortization of purchased intangible assets 253 183
Deferred income tax expense 162 263
Other (262) (86)
Changes in operating assets and liabilities    
Accounts receivable (9,522) (5,028)
Prepaid expenses and other assets (2,970) (1,773)
Accounts payable and accrued expenses (745) 12,730
Change in contracts in progress, net (Note 4) (53,882) 12,538
Net cash (used in) provided by operating activities (60,935) 40,964
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of short-term investments (5,000) (185,000)
Maturities of short-term investments 103,000 145,000
Purchases of property, plant and equipment (3,691) (1,863)
Change in notes receivable 225  
Net cash provided by (used in) investing activities 94,534 (41,863)
CASH FLOWS FROM FINANCING ACTIVITIES    
Cash dividends paid (3,892)  
Proceeds from the exercise of stock options   867
Net cash (used in) provided by financing activities (3,892) 867
EFFECTS OF EXCHANGE RATE CHANGES ON CASH (291) 181
NET INCREASE IN CASH AND CASH EQUIVALENTS 29,416 149
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 122,107 167,198
CASH AND CASH EQUIVALENTS, END OF PERIOD 151,523 $ 167,347
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for income taxes $ 967