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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Jan. 31, 2021
Jan. 31, 2020
Jan. 31, 2019
OPERATING ACTIVITIES      
Net income $ 52,100 $ 36,997 $ 31,277
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation 5,757 6,037 4,544
Amortization of intangible assets 55,905 55,485 40,179
Stock-based compensation expense (Note 17) 6,313 4,909 3,710
Other non-cash operating activities 207 337 71
Deferred tax expense 14,523 5,743 2,191
Deferred tax charge (49)
Changes in operating assets and liabilities (Note 21) (3,575) (5,256) (3,849)
Cash provided by operating activities 131,230 104,252 78,074
INVESTING ACTIVITIES      
Additions to property and equipment (3,759) (4,900) (5,244)
Acquisition of subsidiaries, net of cash acquired (Note 3) (48,403) (292,053) (67,932)
Cash used in investing activities (52,162) (296,953) (73,176)
FINANCING ACTIVITIES      
Proceeds from borrowing on the credit facility 10,196 297,015 68,468
Credit facility repayments (10,793) (322,634) (78,659)
Payment of debt issuance costs (40) (1,400)
Issuance of common shares for cash, net of issuance costs (Note 15) 6,194 237,973 345
Payment of contingent consideration (785) (1,531)
Cash provided by (used in) financing activities 5,557 210,169 (11,377)
Effect of foreign exchange rate changes on cash 4,633 (363) (1,368)
Increase (decrease) in cash 89,258 17,105 (7,847)
Cash, beginning of year 44,403 27,298 35,145
Cash, end of year 133,661 44,403 27,298
Supplemental disclosure of cash flow information:      
Cash paid during the year for interest 89 3,516 1,712
Cash paid during the year for income taxes $ 8,214 $ 8,946 $ 7,862