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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2015
Oct. 31, 2014
Cash flows from operating activities:    
Net income (loss) $ 5,383 $ (2,886) [1]
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities    
Provision for inventory obsolescence 65 (170) [1]
Provision for doubtful accounts (15) (110) [1]
Deferred income taxes 1,568 (101) [1]
Deferred taxes long-term 52 (3,151) [1]
Depreciation and amortization 704 832 [1]
Interest expense resulting from amortization of warrant OID and reclassification of PIK interest 0 927 [1]
Early extinguishment of subordinated debt 0 2,295 [1]
Stock based and restricted stock compensation 420 1,073 [1]
Interest expense resulting from Arbitration Award (111) 95 [1]
Loss on disposal of fixed assets 49 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 (1,543) (1,587) [1]
Inventories (6,637) 603 [1]
Prepaid VAT taxes and other current assets 22 (759) [1]
Other assets-mainly prepaid fees from financing transaction (727) 2,223 [1]
Assets of discontinued operations 0 (2,385) [1]
Increase (decrease) in operating liabilities    
Accounts payable (45) 981 [1]
Accrued expenses and other liabilities 22 780 [1]
Accrued expenses for disposal of Brazil 532 0 [1]
Arbitration award in Brazil (3,759) (750) [1]
Net cash used by the transfer of stock in Brazil (1,147) 0 [1]
Liabilities of discontinued operations 0 5,069 [1]
Net cash (used in) provided by operating activities (3,881) 3,059 [1]
Cash flows from investing activities:    
Proceeds from sale of NY real estate 451 0 [1]
Purchases of property and equipment (715) (397) [1]
Net cash used in investing activities (264) (397) [1]
Cash flows from financing activities:    
Net borrowings (repayments) under credit agreement (revolver) 2,749 (7,282) [1]
Subordinated debt principal payments 0 (500) [1]
Proceeds received through PIPE, net of fees 0 10,178 [1]
Repayment of subordinated debt, PIK interest and fees 0 (3,594) [1]
Legal fees associated with the warrant OID 0 (13) [1]
Canada loan repayments (18) (19) [1]
Borrowings in Argentina 233 0 [1]
UK borrowings, net (480) (272) [1]
China borrowings, new loan 2,092 2,113 [1]
China repayments (2,125) (812) [1]
Proceeds from exercise of stock options 41 0 [1]
Shares returned to pay employee taxes under restricted stock program (717) (37) [1]
Net cash provided by financing activities 1,775 (238) [1]
Effect of exchange rate changes on cash (51) (45) [1]
Net (decrease) increase in cash and cash equivalents (2,421) 2,380 [1]
Cash and cash equivalents at beginning of year [1] 6,709 4,555
Cash and cash equivalents at end of period 4,288 6,935 [1]
Cash paid for interest 578 1,248 [1]
Cash paid for taxes $ 1,377 $ 1,098 [1]
[1] Restated for discontinued operations.