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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Jan. 31, 2010
Cash flows from operating activities      
Net income $ 7,133,701 $ 6,139,132 $ 4,439,811
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 1,914,418 1,824,685 1,931,512
Deferred income taxes 1,197,654 439,069 406,754
(Gain) loss on sales of property and equipment, net 102,386 8,231 (20,585)
Stock-based compensation 744,306 645,891 645,967
Allowance for doubtful accounts 46,986 240,133 37,189
Changes in operating assets and liabilities:      
Accounts receivable (2,173,195) (1,464,863) 6,409,090
Inventories (2,450,559) 676,071 4,280,330
Prepaid expenses, deposits and other assets (350,416) (243,598) (9,904)
Accounts payable and accrued expenses 3,116,045 977,454 (2,551,921)
Customers' advances 2,323,603 22,004 524,678
Accrued pension retirement benefits (2,647,339) (668,901) (449,405)
Other non-current liabilities 2,197 2,197 2,197
Net cash provided by operating activities 8,959,787 8,597,505 15,645,713
Cash flows from investing activities      
Proceeds from sale of property and equipment 33,566 36,387 40,318
Acquisitions of property and equipment (2,097,233) (1,665,949) (2,133,807)
Purchase of investments (1,010,535) (745,218) (1,445,004)
Proceeds from maturities of investments 497,155 725,004 720,000
Payment for acquisition of business 0 (955,268) 0
Net cash used in investing activities (2,577,047) (2,605,044) (2,818,493)
Cash flows from financing activities      
Proceeds from new borrowing 477,692 189,074 485,336
Reduction of debt (727,399) (717,134) (926,497)
Exercise of stock options 152,970 780,834 225,584
Payment of dividends (3,943,332) (3,597,539) (3,504,026)
Purchase of treasury shares (167,534) (935,631) (251,612)
Net cash used in financing activities (4,207,603) (4,280,396) (3,971,215)
Effect of exchange rate changes on cash 5,443 26,645 56,446
Net increase in cash and cash equivalents 2,180,580 1,738,710 8,912,451
Cash and cash equivalents at beginning of year 32,400,814 30,662,104 21,749,653
Cash and cash equivalents at end of year $ 34,581,394 $ 32,400,814 $ 30,662,104