XML 23 R7.htm IDEA: XBRL DOCUMENT v3.24.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2024
Jan. 31, 2023
Jan. 31, 2022
OPERATING ACTIVITIES      
Net Income (Loss) Attributable to Parent $ 112,441 $ 101,868 $ 66,047
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation and amortization 31,479 25,197 22,139
Impairment of goodwill, intangible assets and long lived assets 0 0 1,498
Deferred income taxes 2,910 7,639 4,315
Stock-based compensation expense 3,120 3,230 2,554
Noncash interest expense 292 245 218
Gain on sale of property and equipment (1,349) (502) (4,525)
Other, net 7,968 9,383 10,593
Changes in assets and liabilities, net of purchase of equipment dealerships assets and assumption of liabilities      
Receivables (48,091) 5,267 (12,399)
Inventories (476,389) (180,929) 5,799
Manufacturer floorplan payable 368,111 69,633 14,233
Deferred revenue (15,542) (20,901) 74,244
Accounts payable, accrued expenses and other and other long-term liabilities (17,845) (13,933) (1,162)
Net Cash Provided by (Used in) Operating Activities, Total (32,280) 10,816 158,916
INVESTING ACTIVITIES      
Rental fleet purchases (10,812) (9,994) (14,594)
Payments To Acquire Property And Equipment (Excluding Rental Fleet) 51,549 27,217 23,033
Proceeds from sale of property and equipment 7,134 3,756 16,046
Acquisition consideration, net of cash acquired (107,548) (100,471) (33,643)
Other, net (597) (139) 26
Net Cash Provided by (Used in) Investing Activities, Total (163,372) (134,065) (55,198)
FINANCING ACTIVITIES      
Net change in non-manufacturer floorplan payable 183,148 22,334 (35,443)
Proceeds from long-term debt borrowings 19,599 8,415 10,348
Repayment Of Long-term Debt And Finance Leases [Abstract] 13,045 7,637 9,212
Other, net (1,125) (1,153) (1,028)
Net Cash Provided by (Used in) Financing Activities, Total 188,577 21,959 (35,335)
Effect of Exchange Rate Changes on Cash 1,228 (946) (1,224)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total (5,847) (102,236) 67,159
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 38,066 43,913 146,149
Cash paid during the period      
Income taxes, net of refunds 39,844 26,575 22,946
Interest 19,377 6,519 5,399
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES      
Net property and equipment financed with long-term debt, capital leases, accounts payable and accrued liabilities 17,911 6,404 14,626
Long-term debt to acquire finance leases 2,471 7,119 11,000
Net transfer of assets from (to) property and equipment to (from) inventories $ (497) $ (3,767) $ 4,368