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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Jul. 31, 2013
Jul. 31, 2012
Cash flows from operating activities:    
Net income (loss) $ 3,326,919 $ (8,477,637)
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities    
Provision for inventory obsolescence 321,438 222,000
Provision for doubtful accounts (38,347) 1,000
Deferred income taxes (3,919,734) (927,766)
Deferred taxes long term 2,430 0
Depreciation and amortization 777,214 746,556
Interest expense resulting from amortization of warrant OID 37,256 0
Stock based and restricted stock compensation 158,788 176,878
(Increase) decrease in operating assets    
Accounts receivable 15,436 (2,419,650)
Inventories (2,581,688) 665,891
Prepaid income taxes and other current assets (409,972) (505,120)
Other assets-mainly prepaid fees from financing transaction (849,576) (1,899)
Cash received from sale of discontinued operations 428,827 0
Assets of discontinued operations 178,887 76,065
Increase (decrease) in operating liabilities    
Accounts payable 3,104,391 4,613,763
Accrued expenses and other liabilities 282,574 900,099
Arbitration award in Brazil, net of imputed interest (452,000) 7,017,479
Liabilities of discontinued operations (25,041) (32,300)
Net cash provided by (used in) operating activities 357,802 2,055,359
Cash flows from investing activities:    
Proceeds from sales of Qingdao net of cost of shutdown 1,003,589 0
Purchases of property and equipment (573,878) (1,074,199)
Net cash provided by (used in) investing activities 429,711 (1,074,199)
Cash flows from financing activities:    
Net borrowings under credit agreement (revolver) 10,403,179 146,075
TD Bank repayments (15,108,882) 0
Canada loan repayments (1,398,566) (150,100)
Subordinated debt financing including warrant valuation 3,500,000 0
Legal fees associated with the warrant OID (5,000) 0
Borrowings in Brazil 244,584 0
Repayments in Brazil (472,883) 0
UK borrowings 1,229,657 0
Other liabilities (11,167) (15,067)
Shares returned in lieu of taxes under restricted stock program (21,000) (129,844)
VAT taxes payable 0 9,873
Net cash used in financing activities (1,640,080) (139,063)
Effect of exchange rate changes on cash (50,069) (90,772)
Net increase (decrease) in cash and cash equivalents (902,636) 751,325
Cash and cash equivalents at beginning of year 6,736,962 5,711,038
Cash and cash equivalents at end of year $ 5,834,326 $ 6,642,363