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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2019
Apr. 30, 2018
Cash flows from operating activities    
Net income $ 12,043 $ 9,885
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 9,473 9,380
Loss on disposal of fixed assets 1,154 53
Operating lease assets 20,284  
Gain on lease terminations (829)  
Dividend received from equity investment 1,960  
Equity (gain)/loss in unconsolidated affiliates (358) 1,339
Share-based compensation 4,227 3,774
Deferred financing charges and debt discount amortization 2,596 2,468
Deferred income taxes 6  
Changes in operating assets and liabilities:    
Accounts receivable, net 23,762 (134,589)
Inventories 37,428 90,182
Income taxes, net (6,302) (6,838)
Prepaid expenses and other current assets 224 (62,334)
Other assets, net (1,195) (4,161)
Customer refund liabilities (33,279) 148,101
Operating lease liabilities (21,544)  
Accounts payable, accrued expenses and other liabilities (74,979) (81,575)
Net cash used in operating activities (25,329) (24,315)
Cash flows from investing activities    
Capital expenditures (13,291) (5,330)
Net cash used in investing activities (13,291) (5,330)
Cash flows from financing activities    
Repayment of borrowings - revolving facility (482,496) (464,453)
Proceeds from borrowings - revolving facility 505,005 519,827
Proceeds from exercise of equity awards 40 56
Taxes paid for net share settlements (5,686) (1,085)
Net cash provided by financing activities 16,863 54,345
Foreign currency translation adjustments (69) 572
Net increase (decrease) in cash and cash equivalents (21,826) 25,272
Cash and cash equivalents at beginning of period 70,138 45,776
Cash and cash equivalents at end of period 48,312 71,048
Cash payments:    
Interest, net 7,542 6,578
Income tax payments, net $ 8,844 $ 9,930