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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2020
Apr. 30, 2019
OPERATING ACTIVITIES:    
Net income $ 3,949 $ 13,210
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,176 4,082
Change in fair value of acquisition-related contingent consideration (55) 94
Deferred income taxes (1,060) 1,511
Share-based compensation expense 1,496 782
Other operating activities, net (159) 32
Change in operating assets and liabilities:    
Accounts receivable 937 (13,510)
Inventories (4,008) (4,092)
Other assets (715) 1,373
Operating liabilities 7,290 5,280
Net cash provided by operating activities 11,851 8,762
INVESTING ACTIVITIES:    
Capital expenditures (4,434) (1,570)
Purchases of investments (98) (843)
Proceeds from sale of assets 251 0
Other investing activities (9) (28)
Net cash used in investing activities (4,290) (2,441)
FINANCING ACTIVITIES:    
Dividends paid (4,658) (4,682)
Payments for common shares repurchased 0 (2,281)
Payment of acquisition-related contingent liabilities 0 (620)
Proceeds from debt 50,150 0
Restricted stock units vested and issued (627) (2,320)
Employee stock options exercises (113) (667)
Other financing activities (104) (95)
Net cash provided by (used in) financing activities 44,648 (10,665)
Effect of Exchange Rate on Cash and Cash Equivalents (335) (73)
Net Increase (decrease) in Cash and Cash Equivalents 51,874 (4,417)
Cash and Cash Equivalents, Beginning Balance 20,707 65,787
Cash and Cash Equivalents, Ending Balance $ 72,581 $ 61,370