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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Cash flows from operating activities:    
Net income $ 1,711 $ 3
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for (recovery of) inventory obsolescence 223 (219)
Recovery of doubtful accounts (78) (53)
Deferred income taxes 305 (240)
Depreciation and amortization 186 287
Stock based and restricted stock compensation 99 130
Loss on disposal of property and equipment 0 31
(Increase) decrease in operating assets    
Accounts receivable (1,891) 50
Inventories 3,233 2,425
Prepaid VAT taxes 159 (34)
Other current assets 50 (1,169)
Increase (decrease) in operating liabilities    
Accounts payable 241 3,010
Accrued expenses and other liabilities 69 (727)
Net cash used by the sale of Brazil (38) (31)
Net cash provided by operating activities 4,269 3,463
Cash flows from investing activities:    
Purchases of property and equipment (141) (30)
Cash flows from financing activities:    
Net repayments under revolving credit facility (2,502) (177)
Loan repayments, long-term (6) (6)
Loan repayments, short-term (18) (1,329)
Loan borrowings, short-term 0 1,300
UK borrowings (repayments) under line of credit facility, net (125) 20
Shares returned to pay employee taxes under restricted stock program (1) (1)
Net cash used in financing activities (2,652) (193)
Effect of exchange rate changes on cash and cash equivalents 7 69
Net increase in cash and cash equivalents 1,483 3,309
Cash and cash equivalents at beginning of period 10,365 7,022
Cash and cash equivalents at end of period 11,848 10,331
Supplemental disclosure of cash flow information:    
Cash paid for interest 76 198
Cash paid for taxes $ 384 $ 132