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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Apr. 30, 2013
Apr. 30, 2012
Cash flows from operating activities    
Net income $ 230,255 $ 1,258,698
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 537,160 487,599
Stock-based compensation 103,451 441,401
Deferred income taxes (78,683) (209,278)
(Gain)/loss on sale of property and equipment, net (19,500) 1,080
Allowance for doubtful accounts (751) (38,862)
Changes in operating assets and liabilities:    
Accounts receivable 3,713,797 2,171,197
Inventories (161,868) (1,361,633)
Prepaid expenses, deposits and other assets 195,949 123,755
Accounts payable and accrued expenses 569,867 (862,836)
Customers' advances 1,819,481 (1,036,453)
Accrued pension retirement benefits 86,280 62,569
Other non-current liabilities 549 549
Net cash provided by operating activities 6,995,987 1,037,786
Cash flows from investing activities    
Proceeds from sale of property and equipment 19,500 0
Acquisitions of property and equipment (258,735) (474,884)
Purchases of investments (253,323) (763,264)
Proceeds from maturities of investments 763,264 756,073
Net cash provided by (used in) investing activities 270,706 (482,075)
Cash flows from financing activities    
Reduction of debt (91,347) (387,451)
Exercise of stock options 123,210 0
Payment of dividends (1,065,522) (1,042,183)
Purchase of treasury shares (133,032) 0
Net cash used in financing activities (1,166,691) (1,429,634)
Effect of exchange rate changes on cash (7,307) 11,495
Net increase (decrease) in cash and cash equivalents 6,092,695 (862,428)
Cash and cash equivalents at February 1 33,305,908 34,581,394
Cash and cash equivalents at April 30 39,398,603 33,718,966
Supplemental disclosure of cash flow information:    
Cash paid for interest 39,104 43,436
Cash paid for income taxes $ 110,360 $ 370,703