XML 18 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2016
Jul. 31, 2015
Cash flows from operating activities    
Net income $ 1,478 $ 19,213
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 14,865 11,601
Loss on disposal of fixed assets 657 532
Equity income in joint venture (617)  
Equity based compensation 9,028 7,634
Deferred financing charges 421 419
Changes in operating assets and liabilities:    
Accounts receivable, net (21,508) (40,679)
Inventories (84,537) (179,681)
Income taxes, net (7,781) 4,569
Prepaid expenses and other current assets (10,998) (7,317)
Other assets, net (349) (949)
Accounts payable, accrued expenses and other liabilities 60,322 113,590
Net cash used in operating activities (39,019) (71,068)
Cash flows from investing activities    
Investment in unconsolidated affiliate (35,432) (25,490)
Capital expenditures (12,617) (16,600)
Net cash used in investing activities (48,049) (42,090)
Cash flows from financing activities    
Proceeds from notes payable, net   5,503
Taxes paid for net share settlement (2,011)  
Proceeds from exercise of equity awards 256 376
Net cash provided by (used in) financing activities (1,755) 5,879
Foreign currency translation adjustments 1,186 (2,265)
Net decrease in cash and cash equivalents (87,637) (109,544)
Cash and cash equivalents at beginning of period 132,587 128,354
Cash and cash equivalents at end of period 44,950 18,810
Cash paid during the year for:    
Interest 1,748 1,785
Income taxes $ 3,875 $ 6,504