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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Operating activities    
Net income $ 732 $ 2,140
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 1,534 1,334
Non-cash lease expense (benefits) 720 (203)
Provision for credit losses 15 15
Amortization of debt issuance costs 34 30
Deferred income taxes (19) (62)
Stock-based compensation 63 172
Amortization of net actuarial gain for pension plans (90) (38)
Non-cash unrealized gain on investment (1,175) (215)
Surrender of life insurance policies 300 0
Changes in operating assets and liabilities:    
Trade accounts receivable 710 3,374
Inventories (18,382) (12,962)
Income taxes 291 (133)
Prepaid expenses and other current assets (638) (1,647)
Accounts payable and accrued liabilities (3,126) 3,688
Net cash used in operating activities (19,031) (4,507)
Investing activities:    
Purchases of property, plant and equipment (2,444) (1,088)
Proceeds from sale of fixed assets 0 2
Proceeds from surrendering life insurance policies 0 145
Net cash used in investing activities (2,444) (941)
Financing activities:    
Borrowing from long-term debt 0 15,737
Repayment of long-term debt (64) (13,105)
Common stock repurchased (4,000) (1,499)
Cash dividends paid (393) (327)
Net cash (used in) provided by financing activities (4,457) 806
Net decrease in cash (25,932) (4,642)
Cash at beginning of period 26,867 5,286
Cash at end of period 935 644
Supplemental disclosures of cash flow information:    
Property, plant and equipment acquired and not yet paid at end of period 897 248
Cash paid during the period for interest, net of interest income 60 208
Cash paid during the period for income taxes, net of refunds $ 10 $ 971