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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2017
Jan. 31, 2016
Operating activities    
Net loss $ (11,678) $ (4,409)
Adjustments to reconcile net loss to net cash flows used in operating activities    
Depreciation and amortization 5,521 5,929
Loss on consolidation of joint venture 1,620 0
Gain on disposal of discontinued operations (127) (8,099)
Impairment expense on discontinued operations 0 6,480
Deferred tax benefit (33) (249)
Income in joint venture 0 (602)
Stock-based compensation expense 389 278
Cash surrender value on life insurance policies (135) 206
Provision on uncollectible accounts 657 (59)
(Gain) loss on disposal of fixed assets (292) 101
Changes in operating assets and liabilities    
Accounts payable (1,917) 5,819
Accrued compensation and payroll taxes (9,227) 299
Inventories 5,452 4,027
Customers' deposits (2,303) (2,400)
Income taxes receivable and payable (128) 620
Prepaid expenses and other current assets (997) 1,914
Accounts receivable 13,698 (2,809)
Costs and estimated earnings in excess of billings on uncompleted contracts 296 (1,268)
Other assets and liabilities (5,027) (8,675)
Net cash used in operating activities (4,231) (2,897)
Investing activities    
Net proceeds from sale of discontinued operations 9,606 16,373
Capital expenditures (2,257) (6,457)
Proceeds from surrender of corporate-owned life insurance policies 3,185 0
Acquisition of interest in subsidiary, net of cash acquired (4,672) 0
Receipts on loan from joint venture 0 1,890
Proceeds from sales of property and equipment 4,356 2,059
Net cash provided by investing activities 10,218 13,865
Financing activities    
Proceeds from revolving lines 40,033 105,636
Proceeds from debt 6,059 918
Proceeds from borrowing against life insurance policies 0 1,916
Payments of debt on revolving lines (49,303) (105,378)
Payments of other debt (10,151) (2,544)
Payments from borrowing against life insurance policies 0 (1,916)
Decrease in drafts payable (323) (467)
Payments on capitalized lease obligations (1,677) (998)
Release (repurchase) of Common Stock 120 (290)
Stock options exercised and restricted shares issued 297 98
Net cash used in financing activities (14,945) (3,025)
Effect of exchange rate changes on cash and cash equivalents (70) (1,212)
Net (decrease) increase in cash and cash equivalents (9,028) 6,731
Cash and cash equivalents - beginning of period 16,631 9,900
Cash and cash equivalents - end of period 7,603 16,631
Supplemental cash flow information    
Interest paid 773 749
Income taxes paid 1,381 970
Fixed assets acquired under capital leases 8 0
Funds held in escrow related to the sale of Filtration assets $ 502 $ 1,905