XML 38 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
 9 Months Ended
Oct. 31, 2012
Oct. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 15,956,000 $ 4,688,000
Removal of loss (income) on discontinued operations 285,000 (118,000)
Income from continuing operations 16,241,000 4,570,000
Adjustments to reconcile income from continuing operations to net cash provided by continuing operating activities:    
Deferred income tax expense (benefit) 406,000 (19,000)
Stock option compensation expense 906,000 475,000
Amortization of purchased intangibles 182,000 262,000
Depreciation 385,000 344,000
Changes in operating assets and liabilities:    
Restricted cash   1,243,000
Accounts receivable, net (9,708,000) (4,086,000)
Costs and estimated earnings in excess of billings 1,781,000 (4,218,000)
Prepaid expenses and other assets 2,618,000 (4,374,000)
Accounts payable and accrued expenses 15,872,000 14,217,000
Billings in excess of costs and estimated earnings 14,588,000 43,939,000
Net cash provided by continuing operating activities 43,271,000 52,353,000
Net cash used in discontinued operating activities (78,000) (15,000)
Net cash provided by operating activities 43,193,000 52,338,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment, net (5,928,000) (135,000)
Net cash provided by the sale of the assets of VLI   2,502,000
Net cash (used in) provided by investing activities (5,928,000) 2,367,000
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the exercise of stock options and warrants 2,267,000 51,000
Net cash provided by financing activities 2,267,000 51,000
NET INCREASE IN CASH AND CASH EQUIVALENTS 39,532,000 54,756,000
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 156,524,000 83,292,000
CASH AND CASH EQUIVALENTS, END OF PERIOD 196,056,000 138,048,000
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for income taxes $ 6,519,000 $ 3,765,000