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CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands
12 Months Ended
Jan. 31, 2021
USD ($)
Jan. 31, 2020
USD ($)
Jan. 31, 2019
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 5,618 $ 11,644 $ 37,510
Depreciation 20,906 23,007 24,828
Amortization of operating lease right-of-use assets 5,358 6,304  
Stock based compensation expense 264 397 669
Income from equity method investments (500) (1,392) (1,536)
Dividends received from equity method investments 3,508 1,003 4,010
Interest income from investments (216) (73) (1,077)
Gain on disposal of real estate and property and equipment (58)   104
Deferred income tax (7,949) (11,070) (23,364)
Changes in assets and liabilities:      
Accounts receivable (6,744) (1,591) 1,535
Inventory (2,246) (17,157) 2,278
Prepaid expenses and other assets (3,138) (752) 5,217
Income taxes refundable 9 1,666 (1,083)
Accounts payable-trade (2,346) 11,400 339
Accrued expenses and other liabilities (3,843) (13,043) (1,499)
Net cash provided by operating activities 8,623 10,343 47,931
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (10,412) (3,776) (10,775)
Purchases of short-term investments (96,233) (26,025) (125,989)
Sales of short-term investments 86,328 15,000 112,091
Proceeds from sale of real estate and property and equipment 58    
Repayment of note receivable   369 27
Deposits (532)   5
Net cash used in investing activities (20,791) (14,432) (24,641)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Treasury stock acquired (19,629)   (21,855)
Payments to noncontrolling interests holders (2,928) (4,264) (4,489)
Capital contributions from minority investor 112 312 524
Net cash used in financing activities (22,445) (3,952) (25,820)
NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (34,613) (8,041) (2,530)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH-Beginning of year 180,771 188,812 191,342
CASH, CASH EQUIVALENTS AND RESTRICTED CASH-End of year 146,158 180,771 188,812
Non cash financing activities-Equity awards issued 241 487 1,473
Non cash financing activities-Equity awards accrued 99 241 487
Non cash investing activities-Accrued capital expenditures 390 37  
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 144,501 179,658 188,531
Restricted cash 1,657 1,113 281
Cash, cash equivalents and restricted cash, end of period $ 146,158 $ 180,771 $ 188,812