XML 34 R7.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2015
Nov. 01, 2014
Operating activities:    
Net income $ 7,048 $ 8,160
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 322 361
Amortization of trademarks 633 699
Deferred income taxes (229) 38
Reversal of uncertain tax liabilities   (736)
Stock-based compensation 1,607 780
Excess tax benefit from share-based payment arrangements (267) (22)
Other, net 264 57
Changes in operating assets and liabilities:    
Receivables (591) (2,319)
Prepaids and other current assets (45) (104)
Income taxes receivable and payable, net 853 647
Accounts payable and other accrued payables 45 (505)
Deferred revenue 90 (74)
Accrued compensation (908) 645
Net cash provided by operating activities 8,822 7,627
Investing activities:    
Purchases of trademarks, including registration and renewal cost (67) (59)
Cash paid for business acquisitions, net of cash acquired (12,881)  
Purchase of property and equipment (334) (519)
Net cash used in investing activities (13,282) (578)
Financing activities:    
Proceeds from JP Morgan Term Loan 6,000  
Payments of JPMorgan Term Loan (5,508) (5,191)
Debt discount and deferred financing costs (30)  
Proceeds from exercise of stock options 1,859 354
Excess tax benefit from share-based payment arrangements 267 22
Dividends   (842)
Net cash provided by (used in) financing activities 2,588 (5,657)
Increase (decrease) in cash and cash equivalents (1,872) 1,392
Cash and cash equivalents at beginning of period 7,581 3,634
Cash and cash equivalents at end of period 5,709 5,026
Cash paid during period for:    
Income taxes 3,394 4,093
Interest $ 467 $ 627