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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Operating activities    
Net income (loss) $ (149) $ (1,145)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,289 2,675
Non-cash lease expense (192) 712
Provision for doubtful accounts 46 35
Deferred income taxes (42) 8
Stock-based compensation 506 506
Defined pension plan settlement 220 0
Amortization of net actuarial loss for pension plans 885 690
Changes in operating assets and liabilities:    
Trade accounts receivable (24,687) (20,964)
Other receivables (25) 0
Inventories (4,124) (6,114)
Income taxes 75 (236)
Prepaid expenses and other current assets 9 (200)
Accounts payable and accrued liabilities 16,632 8,178
Net cash used in operating activities (8,557) (15,855)
Investing activities:    
Capital expenditures (963) (1,359)
Proceeds from life insurance policy 110 0
Net cash used in investing activities (853) (1,359)
Financing activities:    
Borrowing from long-term debt 14,865 23,884
Repayment of long-term debt (5,040) (6,787)
Tax withholding payments on share-based compensation (176) (155)
Net cash provided by financing activities 9,649 16,942
Net increase (decrease) in cash 239 (272)
Cash at beginning of period 402 1,150
Cash at end of period $ 641 $ 878