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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2019
Apr. 30, 2018
Net income including noncontrolling interests $ 3,715 $ 10,352
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation 6,292 5,920
Amortization of operating lease right-of-use assets 1,333  
Income from equity method investments (126) (697)
Interest income from investments (25) (341)
Deferred income tax (3,619) (2,271)
Stock based compensation expense 128 71
Gain on disposal of property and equipment   (8)
Changes in assets and liabilities:    
Accounts receivable (285) (8,350)
Inventories (1,673) (5,333)
Other assets (75) (1,894)
Accounts payable, trade (760) 1,011
Other liabilities (3,365) (1,980)
Net cash provided by (used in) operating activities 1,540 (3,520)
Cash flows from investing activities:    
Capital expenditures (632) (3,061)
Purchase of short-term investments   (111,154)
Sale of short-term investments 15,000  
Restricted investments and deposits   5
Other 7 6
Net cash provided by (used in) investing activities 14,375 (114,204)
Cash flows from financing activities:    
Treasury stock acquired   (8,586)
Payments to noncontrolling interests holders (87)  
Capital contributions from minority investor 146 110
Net cash provided by (used in) financing activities 59 (8,476)
Net increase (decrease) in cash, cash equivalents and restricted cash 15,974 (126,200)
Cash, cash equivalents and restricted cash, beginning of period 188,812 191,342
Cash, cash equivalents and restricted cash, end of period 204,786 65,142
Non cash investing activities – Accrued capital expenditures 147 142
Non cash financing activities – Stock awards accrued 91  
Non cash financing activities – Accrued common stock repurchases   542
Initial right-of-use assets and liabilities recorded upon adoption of ASC 842 20,918  
Cash and cash equivalents 204,704 64,246
Restricted cash $ 82 $ 896