XML 22 R7.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2017
Jan. 31, 2016
Jan. 31, 2015
Cash flows from operating activities:      
Net (loss) income $ (15,450) $ 8,912 $ 12,946
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 6,046 5,785 5,759
Provision for doubtful accounts and sales adjustments 237 774 854
Loss on disposal of property and equipment 41 29 8
Other deferred income taxes (2,035) (3,154) (2,562)
Change in fair value of a derivative instrument (485) 48 877
Stock compensation expense 7,323 7,440 4,993
Net change in valuation allowance 16,861 2,564 1,657
Adjustment of contingent liability associated with acquisitions 42
Changes in assets and liabilities, net of effects from acquisitions:      
Accounts receivable (4,141) 10,804 (11,236)
Other assets (90) (2,768) (431)
Accounts payable 646 (1,441) 2,568
Deferred revenue 7,245 (2,675) 4,912
Other liabilities 2,482 (2,261) 3,576
Net cash provided by operating activities 18,680 24,057 23,963
Cash flows from investing activities:      
Purchase of property and equipment (3,267) (3,208) (4,577)
Capitalized software costs (146) (153) (311)
Other, net 7 13 9
Net cash used in investing activities (3,406) (3,348) (4,879)
Cash flows from financing activities:      
Repayments of debt (434) (406) (388)
Dividends paid (5,301) (5,235) (4,452)
Tax payments, net of proceeds, related to stock awards (2,079) (2,461) (2,557)
Payment of contingent liability associated with acquisitions (750) (471)
Proceeds from issuance of common stock, net of issuance costs 8,365 37,046
Net cash (used in) provided by financing activities (7,814) (487) 29,178
Effect of exchange rates on cash and equivalents (109) (3,017) (3,720)
Net increase in cash and equivalents 7,351 17,205 44,542
Cash and equivalents at beginning of year 137,731 120,526 75,984
Cash and equivalents at end of year 145,082 137,731 120,526
Supplemental disclosure of cash flow information:      
Interest 655 700 735
Income taxes, net of refunds $ 3,396 $ 3,925 $ 3,284