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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2018
Jul. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 21,786 $ 48,067
Adjustments to reconcile net income to net cash (used in) provided by operating activities    
Depreciation 1,567 1,210
Gain on the settlement of litigation (Note 9) (1,400)  
Deferred income tax expense (benefit) 924 (153)
Stock compensation expense 906 2,315
Amortization of purchased intangible assets 506 518
Change in accrued interest on short-term investments 432 (629)
Provision for uncollectible accounts (135) 345
Other (677) 206
Changes in operating assets and liabilities    
Accounts receivable (19,946) 2,999
Prepaid expenses and other assets 337 2,600
Accounts payable and accrued expenses (18,659) 21,485
Changes in contracts in progress, net (Note 4) (44,173) (44,387)
Net cash (used in) provided by operating activities (58,532) 34,576
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of short-term investments (91,000) (357,500)
Maturities of short-term investments 206,500 310,000
Purchases of property, plant and equipment (5,365) (2,802)
Change in notes receivable 225 (200)
Net cash provided by (used in) investing activities 110,360 (50,502)
CASH FLOWS FROM FINANCING ACTIVITIES    
Cash dividends paid (7,784)  
Proceeds from the exercise of stock options 14 2,453
Distributions to joint venture partners   (1,229)
Net cash (used in) provided by financing activities (7,770) 1,224
EFFECTS OF EXCHANGE RATE CHANGES ON CASH (399) 729
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 43,659 (13,973)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 122,107 167,198
CASH AND CASH EQUIVALENTS, END OF PERIOD 165,766 153,225
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for income taxes 2,333 $ 19,754
Cash paid for interest $ 659