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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Cash flows from operating activities:    
Net income (loss) $ 3,263 $ (386) [1]
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Provision for inventory obsolescence 151 (215) [1]
Provision for doubtful accounts (2) (215) [1]
Deferred income taxes current 1,060 74 [1]
Deferred taxes long-term 58 (1) [1]
Depreciation and amortization 474 576 [1]
Interest expense resulting from amortization of warrant OID and reclassification of PIK interest 0 710 [1]
Stock based and restricted stock compensation 255 50 [1]
Interest expense resulting from Arbitration Award (112) 78 [1]
Loss on disposal of fixed assets 31 80 [1]
Non-cash reclassification of other comprehensive income to statement of operations due to the disposal of Brazil 1,286 0 [1]
(Increase) decrease in operating assets    
Accounts receivable (2,551) (1,844) [1]
Inventories (5,009) 849 [1]
Prepaid VAT taxes and other current assets 60 (725) [1]
Other assets-mainly prepaid fees from financing transaction (457) (32) [1]
Assets of discontinued operations 0 (79) [1]
Increase (decrease) in operating liabilities    
Accounts payable 938 177 [1]
Accrued expenses and other liabilities 183 357 [1]
Accrued expenses for disposal of Brazil 753 0 [1]
Arbitration award in Brazil (3,759) (500) [1]
Net cash used by the sale of Brazil (927) 0 [1]
Liabilities of discontinued operations 0 460 [1]
Net cash (used in) provided by operating activities (4,305) (586) [1]
Cash flows from investing activities:    
Proceeds from sale of NY real estate 451 0 [1]
Purchases of property and equipment (475) (240) [1]
Net cash used in investing activities (24) (240) [1]
Cash flows from financing activities:    
Net borrowings under credit agreement (revolver) 3,255 969 [1]
Subordinated debt principal payments 0 (500) [1]
Legal fees associated with the warrant OID 0 (13) [1]
Canada loan repayments (11) (13) [1]
Borrowings in Argentina 201 0 [1]
UK borrowings, net (22) 729 [1]
China borrowings, net (29) 1,293 [1]
Shares returned to pay employee taxes under restricted stock program (717) 0 [1]
Net cash provided by financing activities 2,677 2,465 [1]
Effect of exchange rate changes on cash 8 (21) [1]
Net increase in cash and cash equivalents (1,644) 1,618 [1]
Cash and cash equivalents at beginning of year [1] 6,709 4,555
Cash and cash equivalents at end of year 5,065 6,173 [1]
Cash paid for interest 394 847 [1]
Cash paid for taxes $ 995 $ 672 [1]
[1] Restated for discontinued operations.