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Condensed Consolidated Statements of Cash Flows Unaudited - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2019
Oct. 31, 2018
Operating activities    
Net income (loss) $ 6,692 $ 4,835
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,350 4,288
Non-cash lease expense 258 0
Provision for doubtful accounts 60 60
Loss (gain) on sale of property, plant and equipment 3 (1)
Deferred income taxes 3,511 1,671
Stock-based compensation 686 673
Defined pension plan settlement 0 341
Amortization of net actuarial loss for pension plans 528 600
Changes in operating assets and liabilities:    
Trade accounts receivable (4,504) (12,956)
Other receivables (15) (311)
Inventories 4,382 (613)
Income taxes (124) 13
Prepaid expenses and other current assets 265 (199)
Accounts payable and accrued liabilities (5,869) 4,418
Net cash provided by operating activities 10,223 2,819
Investing activities:    
Capital expenditures (2,963) (3,319)
Proceeds from sale of property, plant and equipment 0 3
Net cash used in investing activities (2,963) (3,316)
Financing activities:    
Borrowing from long-term debt 30,923 51,033
Repayment of long-term debt (37,980) (47,503)
Payment on deferred financing costs 0 (124)
Tax withholding payments on share-based compensation (244) (265)
Cash dividends paid 0 (697)
Net cash (used in) provided by financing activities (7,301) 2,444
Net (decrease) increase in cash (41) 1,947
Cash at beginning of year 738 534
Cash at end of year $ 697 $ 2,481