XML 15 R7.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Statement of Cash Flows [Abstract]    
Net income including noncontrolling interests $ 50,626 $ 26,769
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 13,371 13,503
Amortization of operating lease right-of-use assets 3,766 4,105
Income from equity method investments (9,275) (6,210)
Dividends received from equity method investments 5,513 3,007
Interest income from investments (6,950) (1,098)
Deferred income tax 10,048 4,964
Stock based compensation expense 5,146 1,295
Loss (gain) on sale of property and equipment – net 205 (91)
Changes in assets and liabilities:    
Accounts receivable (4,976) 3,146
Inventories 11,229 180
Refundable income taxes (1,486) 66
Other assets 409 649
Accounts payable, trade (5,622) 7,990
Other liabilities (4,812) (4,281)
Net cash provided by operating activities 67,192 53,994
Cash flows from investing activities:    
Capital expenditures (22,359) (7,182)
Purchase of short-term investments (378,381) (307,371)
Maturity of short-term investments 337,490 180,527
Proceeds from sale of real estate and property and equipment 10 0
Deposits (27) 0
Net cash used in investing activities (63,267) (134,026)
Cash flows from financing activities:    
Treasury stock acquired 0 (13,012)
Payments to noncontrolling interests holders (716) (1,730)
Net cash used in financing activities (716) (14,742)
Net increase (decrease) in cash, cash equivalents and restricted cash 3,209 (94,774)
Cash, cash equivalents and restricted cash, beginning of period 71,347 232,068
Cash, cash equivalents and restricted cash, end of period 74,556 137,294
Non cash investing activities – Accrued capital expenditures 722 93
Non cash financing activities – Stock awards accrued 1,467 679
Non cash financing activities – Stock awards issued 965 1,539
Right-of-use assets acquired and liabilities incurred upon lease execution 3,210 7,632
Cash and cash equivalents 72,828 135,986
Restricted cash 1,728 1,308
Total cash, cash equivalents and restricted cash $ 74,556 $ 137,294