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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Jul. 31, 2019
Jul. 31, 2018
Cash flows from operating activities:        
Net income $ 3,491 $ 6,500 $ 15,397 $ 13,188
Adjustments to reconcile net income to net cash provided by (used for) operating activities:        
Provision for doubtful accounts (52) 23 (191) 114
Deferred income taxes (3) (160) (29) 480
Equity in income of affiliates (113) (243) (521) (437)
Depreciation and amortization 916 937 2,761 2,848
Foreign currency (gain) loss 433 864 77 (185)
Unrealized (gain) loss on derivatives (326) (311) (547) 180
Stock-based compensation 664 606 2,097 1,784
Change in assets and liabilities:        
(Increase) decrease in accounts receivable 5,768 (4,979) 16,168 4,060
(Increase) decrease in inventories (6,937) (4,515) (17,507) (17,440)
(Increase) decrease in prepaid expenses 362 (968) (1,000) (2,149)
Increase (decrease) in accounts payable (4,376) 1,917 (11,992) 12,145
Increase (decrease) in accrued expenses (473) 1,890 (4,114) 153
Increase (decrease) in accrued income tax (523) 1,131 (3,268) 894
Net change in derivative assets and liabilities (82) (180) 294 (597)
Other (221) 1,301 (690) 2,232
Net cash provided by (used for) operating activities (1,472) 3,813 (3,065) 17,270
Cash flows from investing activities:        
Purchase of property and equipment (1,328) (1,152) (2,609) (2,826)
Proceeds from sale of equipment 37 8 68 94
Software development costs (455) (526) (1,424) (1,748)
Other investments 333 233 333 233
Net cash provided by (used for) investing activities (1,413) (1,437) (3,632) (4,247)
Cash flows from financing activities:        
Dividends paid (818) (742) (2,383) (2,152)
Taxes paid related to net settlement of restricted shares     (499) (545)
Proceeds from exercise of common stock options   180   734
Repayment of short-term debt     (1,454)  
Net cash provided by (used for) financing activities (818) (562) (4,336) (1,963)
Effect of exchange rate changes on cash (374) (1,179) (34) (356)
Net increase (decrease) in cash and cash equivalents (4,077) 635 (11,067) 10,704
Cash and cash equivalents at beginning of period 70,180 76,376 77,170 66,307
Cash and cash equivalents at end of period $ 66,103 $ 77,011 $ 66,103 $ 77,011