XML 49 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Oct. 31, 2014
Oct. 31, 2013
Cash flows from operating activities:    
Net income $ 5,999 $ 2,040
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,284 4,457
Provision for doubtful accounts and sales adjustments 535 717
Change in fair value of interest rate swap 321 (549)
Stock compensation expense 3,794 3,714
Excess tax benefits from share-based payment arrangements 0 (82)
Other 42 1
Changes in assets and liabilities:    
Accounts receivable 23,304 26,509
Other assets (1,042) 2,091
Accounts payable (1,369) (4,840)
Deferred revenue (27,944) (21,342)
Other liabilities (2,893) (1,141)
Net cash provided by operating activities 5,031 11,575
Cash flows from investing activities:    
Purchase of property and equipment (3,337) (3,966)
Capitalized software costs (115) (217)
Net cash used in investing activities (3,452) (4,183)
Cash flows from financing activities:    
Repayments of debt (291) (279)
Tax payments, net of proceeds, related to stock awards (2,354) (894)
Payment of contingent liability associated with acquisitions (471) 0
Excess tax benefits from share-based payment arrangements 0 82
Repurchase of common stock 0 (686)
Cash dividends paid (3,334) (4,209)
Net cash used in financing activities (6,450) (5,986)
Effect of exchange rates on cash and equivalents 298 (616)
Net (decrease) increase in cash and equivalents (4,573) 790
Cash and equivalents at beginning of period 75,984 65,009
Cash and equivalents at end of period 71,411 65,799
Supplemental disclosure of non-cash activities:    
Dividends paid in stock $ 0 $ 145