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Condensed Consolidated Statements of Cash Flows Unaudited - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2018
Jul. 31, 2017
Operating activities    
Net income (loss) $ 1,903 $ 2,817
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 2,825 2,601
Provision for doubtful accounts 35 35
(Gain) Loss on sale of property, plant and equipment (1) (1)
Deferred income taxes 120 1,569
Stock-based compensation 438 385
Defined pension plan settlement 319 0
Amortization of net actuarial loss for pension plans 345 296
Changes in operating assets and liabilities:    
Trade accounts receivable (32,759) (30,321)
Other receivables (132) 143
Inventories (18,239) (15,172)
Income taxes (3) 105
Prepaid expenses and other current assets (696) (224)
Accounts payable and accrued liabilities 14,604 12,980
Net cash provided by (used in) operating activities (31,241) (24,787)
Investing activities    
Capital expenditures (1,686) (3,891)
Proceeds from sale of property, plant and equipment 3 1
Net cash provided by (used in) investing activities (1,683) (3,890)
Financing activities    
Proceeds from long-term debt 51,033 36,742
Repayment of long-term debt (16,681) (5,767)
Payments of Financing Costs (124) 0
Tax withholding payments on share based compensation (265) (339)
Cash dividends paid (464) 0
Net cash provided by (used in) financing activities 33,499 30,636
Net increase in cash 575 1,959
Cash at beginning of year 534 788
Cash at end of year $ 1,109 $ 2,747