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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Jan. 31, 2021
OPERATING ACTIVITIES      
Net income $ 102,236 $ 86,282 $ 52,100
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation 5,225 5,129 5,757
Amortization of intangible assets 60,177 59,099 55,905
Stock-based compensation expense 13,667 11,017 6,313
Other non-cash operating activities 53 308 207
Deferred tax expense 3,244 1,514 14,523
Changes in operating assets and liabilities 7,793 12,789 (3,575)
Cash provided by operating activities 192,395 176,138 131,230
INVESTING ACTIVITIES      
Additions to property and equipment (6,071) (4,829) (3,759)
Acquisition of subsidiaries, net of cash acquired (115,561) (90,278) (48,403)
Cash used in investing activities (121,632) (95,107) (52,162)
FINANCING ACTIVITIES      
Proceeds from borrowings on the credit facility     10,196
Credit facility and other debt repayments   (1,068) (10,793)
Payment of debt issuance costs (1,118) (72) (40)
Issuance of common shares for cash, net of issuance costs 1,730 2,656 6,194
Payment of contingent consideration (5,215)    
Cash (used in) provided by financing activities (4,603) 1,516 5,557
Effect of foreign exchange rate changes on cash (3,212) (2,771) 4,633
Increase in cash 62,948 79,776 89,258
Cash, beginning of year 213,437 133,661 44,403
Cash, end of year 276,385 213,437 133,661
Supplemental disclosure of cash flow information:      
Cash paid during the year for interest     89
Cash paid during the year for income taxes $ 23,791 $ 12,575 $ 8,214