XML 74 R5.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Jan. 31, 2018
OPERATING ACTIVITIES:      
Net income $ 34,613 $ 51,873 $ 41,019
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 13,770 13,296 12,743
Amortization of intangible assets 2,471 1,827 2,059
Long-lived asset impairment loss 0 0 259
Change in fair value of acquisition-related contingent consideration 412 708 457
Loss from equity investments 0 0 114
Gain from sale of equity method investments 0 (5,785) 0
Deferred income taxes 1,506 953 (787)
Share-based compensation expense 4,971 3,951 3,725
Other operating activities, net (335) (2,424) 2,053
Change in operating assets and liabilities (2,536) 1,553 (16,681)
Net cash provided by operating activities 54,872 65,952 44,961
INVESTING ACTIVITIES:      
Capital expenditures (8,560) (14,127) (12,011)
Payments related to business acquisitions, net of cash acquired (53,317) (7,671) (13,267)
Proceeds from sale or maturities of investments 1,170 7,334 250
Purchases of investments (1,118) (745) (273)
Proceeds (disbursements) from sale of assets, settlement of liabilities 3,459 832 (333)
Other investing activities, net (243) (2,067) (41)
Net cash used in investing activities (58,609) (16,444) (25,675)
FINANCING ACTIVITIES:      
Dividends paid (18,650) (18,753) (18,685)
Payments for common shares repurchased (10,781) 0 (10,000)
Proceeds from Borrowing 33,593 0 0
Payment of debt 39,762 0 0
Payment of acquisition-related contingent liabilities 1,306 1,324 408
Restricted stock units vested and issued (2,358) (840) (237)
Payments for stock options exercised net of shares surrendered for employee taxes (1,028) (2,637) (290)
Other financing activities, net (595) (201) (101)
Net cash used in financing activities (40,887) (23,755) (29,721)
Effect of exchange rate changes on cash (456) (501) 322
Net increase (decrease) in cash and cash equivalents (45,080) 25,252 (10,113)
Cash and cash equivalents at beginning of year 65,787 40,535 50,648
Cash and cash equivalents at end of year $ 20,707 $ 65,787 $ 40,535