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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2020
Jul. 31, 2019
Cash flows from operating activities:    
Net (loss) income including noncontrolling interests $ (10,463) $ 7,068
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Depreciation 10,491 12,425
Amortization of operating lease right-of-use assets 2,691 2,992
Loss (income) from equity method investments 984 (365)
Dividends received from equity method investee 2,005 0
Interest income from investments (179) (25)
Deferred income tax (4,784) (6,294)
Stock based compensation expense 80 248
Gain on sale of property and equipment – net (22)  
Changes in assets and liabilities:    
Accounts receivable 3,225 3,696
Inventories 5,251 (3,594)
Refundable income taxes (4,591) 12
Other assets (481) (153)
Accounts payable, trade (10,301) 1,409
Other liabilities (2,940) (4,927)
Net cash (used in) provided by operating activities (9,034) 12,492
Cash flows from investing activities:    
Capital expenditures (5,692) (1,449)
Purchase of short-term investments (45,450)  
Sale of short-term investments 39,046 15,000
Other (259) 12
Net cash (used in) provided by investing activities (12,355) 13,563
Cash flows from financing activities:    
Treasury stock acquired (5,590)  
Payments to noncontrolling interests holders (157) (2,598)
Capital contributions from minority investor 23 185
Net cash used in financing activities (5,724) (2,413)
Net (decrease) increase in cash, cash equivalents and restricted cash (27,113) 23,642
Cash, cash equivalents and restricted cash, beginning of period 180,771 188,812
Cash, cash equivalents and restricted cash, end of period 153,658 212,454
Non cash investing activities – Accrued capital expenditures 22 5
Non cash financing activities – Stock awards accrued   171
Non cash financing activities – Stock awards issued 240 487
Initial right-of-use assets and liabilities recorded upon adoption of ASC 842   20,918
Right-of-use assets acquired and liabilities incurred upon lease execution 1,863 432
Cash and cash equivalents 152,708 212,232
Restricted cash $ 950 $ 222