XML 19 R7.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Oct. 31, 2020
Oct. 31, 2019
Operating activities    
Net income/(loss) $ (5,104) $ 2,073
Adjustments to reconcile net income/(loss) to net cash flows provided by operating activities    
Depreciation and amortization 3,616 3,349
Deferred tax benefit (763) (288)
Equity-based compensation expense 764 786
(Gain)/loss on disposal of fixed assets (2) 154
Provision on uncollectible accounts 6 49
Changes in operating assets and liabilities    
Accounts receivable 1,226 2,960
Inventories 2,383 (3,980)
Contract assets and contract liabilities 302 (2,929)
Accounts payable (1,606) 525
Accrued compensation and payroll taxes (1,087) (199)
Customers' deposits (107) (704)
Income taxes receivable and payable 102 80
Prepaid expenses and other current assets (1,518) 1,523
Other assets and liabilities 3,757 (601)
Net cash provided by operating activities 1,969 2,798
Investing activities    
Capital expenditures (1,633) (1,423)
Proceeds from sales of property and equipment 2
Net cash used in investing activities (1,631) (1,423)
Financing activities    
Proceeds from loans 36,563 61,281
Payments of debt on revolving lines of credit (42,988) (61,613)
Proceeds from term loan 19
Payments of other debt (269) (276)
Decrease in drafts payable (49) (162)
Payments on finance lease obligations (310) (185)
Stock options exercised and restricted shares retired for tax (192) 176
Net cash used in financing activities (7,226) (779)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (23) 26
Net increase/(decrease) in cash, cash equivalents and restricted cash (6,911) 622
Cash, cash equivalents and restricted cash - beginning of period 14,658 12,737
Cash, cash equivalents and restricted cash - end of period 7,747 13,359
Supplemental cash flow information    
Interest paid 421 609
Income taxes paid 83 1,961
Fixed assets acquired under capital leases - non-cash $ 848