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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2018
Jul. 31, 2017
Cash flows from operating activities:    
Net income $ 2,885 $ 3,552
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for inventory obsolescence 41 11
Provision for (recovery of) doubtful accounts 35 (187)
Deferred income taxes 304 228
Depreciation and amortization 428 385
Stock based and restricted stock compensation 302 198
Loss on disposal of property and equipment 5 0
(Increase) decrease in operating assets    
Accounts receivable 228 (2,786)
Inventories (3,813) 1,571
Prepaid VAT tax (641) 29
Other current assets (809) 186
Increase (decrease) in operating liabilities    
Accounts payable 1,818 3,171
Accrued expenses and other liabilities (107) 48
Net cash used by the sale of Brazil 0 (95)
Net cash provided by operating activities 676 6,311
Cash flows from investing activities:    
Purchases of property and equipment (1,220) (448)
Cash flows from financing activities:    
Net repayments under revolving credit facility 0 (4,865)
Loan repayments, short-term (153) (56)
Loan borrowings, short-term 208 101
Loan repayments, long-term (79) (26)
Loan borrowings, long-term 0 1,575
UK borrowings (repayments) under line of credit facility, net (175) 193
Shares returned to pay employee taxes under restricted stock program 0 (19)
Net cash used in financing activities (199) (3,097)
Effect of exchange rate changes on cash and cash equivalents (112) 57
Net increase (decrease) in cash and cash equivalents (855) 2,823
Cash and cash equivalents at beginning of period 15,788 10,365
Cash and cash equivalents at end of period 14,933 13,188
Supplemental disclosure of cash flow information:    
Cash paid for interest 68 112
Cash paid for taxes $ 806 $ 711