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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2020
Apr. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (793) $ (29,913)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities    
Deferred income tax expense 8,214 259
Impairment loss   2,072
Depreciation 937 829
Stock compensation expense 642 413
Change in accrued interest on short-term investments (118) (163)
Amortization of purchased intangible assets 225 299
Other 446 188
Changes in operating assets and liabilities    
Accounts receivable 14,980 (12,049)
Contract assets 344 9,821
Other assets (13,600) 3,808
Accounts payable and accrued expenses (8,230) (10,497)
Contract liabilities 37,140 (1,449)
Net cash provided by (used in) operating activities 40,187 (36,382)
CASH FLOWS FROM INVESTING ACTIVITIES    
Maturities of short-term investments 70,000 44,000
Purchases of short-term investments (10,000) (35,000)
Purchases of property, plant and equipment (684) (1,985)
Net cash provided by investing activities 59,316 7,015
CASH FLOWS FROM FINANCING ACTIVITIES    
Payments of cash dividends (3,910) (3,895)
Proceeds from the exercise of stock options 177 1,567
Net cash used in financing activities (3,733) (2,328)
EFFECTS OF EXCHANGE RATE CHANGES ON CASH (206) (235)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 95,564 (31,930)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 167,363 164,318
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 262,927 $ 132,388