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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2016
Jul. 31, 2015
Cash flows from operating activities:    
Net income including noncontrolling interests $ 9,692 $ 15,573
Adjustments to reconcile net income to net cash (used in) / provided by operating activities:    
Depreciation and amortization 5,688 6,131
Transactional losses / (gains) 1,925 (1,178)
Write-down of inventories 867 798
Deferred income taxes 142 376
Stock-based compensation 4,026 3,100
Excess tax shortfall / (benefit) from stock-based compensation 160 (42)
Operating efficiency initiatives and other items   2,670
Loss on disposal of fixed assets   310
Changes in assets and liabilities:    
Trade receivables (1,614) (7,192)
Inventories (21,134) (21,948)
Other current assets (5,271) (101)
Accounts payable (1,806) 4,329
Accrued liabilities (1,196) 5,247
Income taxes payable (4,392) (6,083)
Other non-current assets (4,863) (645)
Other non-current liabilities 3,603 1,229
Net cash (used in) / provided by operating activities (14,173) 2,574
Cash flows from investing activities:    
Capital expenditures (1,796) (3,668)
Short-term investment (154)  
Restricted cash deposits (1,156)  
Trademarks and other intangibles (263) (138)
Net cash (used in) investing activities (3,369) (3,806)
Cash flows from financing activities:    
Proceeds from bank borrowings 3,000 50,000
Repayments of bank borrowings (5,000) (10,000)
Stock options exercised and other changes (1,248) (489)
Excess tax (shortfall) / benefit from stock-based compensation (160) 42
Dividends paid (5,970) (5,239)
Stock repurchase (2,858) (39,129)
Net cash (used in) financing activities (12,236) (4,815)
Effect of exchange rate changes on cash and cash equivalents 7,385 (5,793)
Net (decrease) in cash and cash equivalents (22,393) (11,840)
Cash and cash equivalents at beginning of period 228,188 199,852
Cash and cash equivalents at end of period $ 205,795 $ 188,012