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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
3 Months Ended
Apr. 30, 2016
May. 02, 2015
Operating Activities    
Net income $ 4,041,000 $ 2,535,000
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 4,386,000 4,010,000
Stock-based compensation expense 458,000 847,000
Loss on impairment of long-lived assets 411,000 792,000
Loss on disposal of assets 102,000 154,000
Grow NJ award benefit (900,000)  
Deferred income tax (benefit) provision (220,000) 631,000
Amortization of deferred financing costs 51,000 49,000
Decrease (increase) in:    
Trade receivables (2,223,000) (4,145,000)
Inventories (4,674,000) (5,197,000)
Prepaid expenses and other current assets 1,766,000 (4,260,000)
Other non-current assets (46,000) 182,000
Increase (decrease) in:    
Accounts payable, accrued expenses and other current liabilities (9,392,000) (2,990,000)
Deferred rent and other non-current liabilities 281,000 331,000
Net cash used in operating activities (5,959,000) (7,061,000)
Investing Activities    
Capital expenditures (3,617,000) (12,909,000)
Proceeds from sale of property, plant and equipment 2,000 8,000
Additions to intangible assets (43,000) (44,000)
Net cash used in investing activities (3,658,000) (12,945,000)
Financing Activities    
Increase in cash overdraft 702,000 5,637,000
(Decrease) increase in line of credit borrowings (19,600,000) 18,700,000
Proceeds from long-term debt 32,000,000  
Repayment of long-term debt (715,000) (923,000)
Deferred financing costs paid (1,094,000)  
Withholding taxes on stock-based compensation paid in connection with repurchase of common stock (15,000) (51,000)
Cash dividends paid 0 (2,761,000)
Proceeds from exercise of stock options 3,000 37,000
Net cash provided by financing activities 11,281,000 20,639,000
Effect of exchange rate changes on cash and cash equivalents 2,000 (4,000)
Net Increase in Cash and Cash Equivalents 1,666,000 629,000
Cash and Cash Equivalents, Beginning of Period 2,116,000 1,349,000
Cash and Cash Equivalents, End of Period 3,782,000 1,978,000
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 342,000 455,000
Cash paid for income taxes $ 143,000 $ 56,000