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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2017
Jul. 31, 2016
Operating activities    
Net loss $ (5,187) $ (6,290)
Adjustments to reconcile net loss to net cash flows used in operating activities    
Depreciation and amortization 2,509 2,830
Gain on disposal of subsidiaries 0 (867)
Deferred tax benefit (260) (277)
Stock-based compensation expense 521 582
Loss on consolidation of joint venture 0 1,620
Cash surrender value on life insurance policies 0 (132)
Loss (gain) on disposal of fixed assets (2) 2,364
Provision on uncollectible accounts (298) 400
Gain from sale of marketable securities (142) 0
Changes in operating assets and liabilities    
Accounts receivable 5,355 16,277
Inventories (2,317) 5,004
Costs and estimated earnings in excess of billings on uncompleted contracts (1,065) (296)
Accounts payable (713) (4,889)
Accrued compensation and payroll taxes (1,019) (5,884)
Customers' deposits 489 (1,824)
Income taxes receivable and payable (1,442) (1,418)
Prepaid expenses and other current assets (513) (1,233)
Other assets and liabilities 1,252 (2,140)
Net cash used in operating activities (2,828) (901)
Investing activities    
Acquisition of interest in subsidiary, net of cash acquired 0 (4,672)
Capital expenditures (1,526) (994)
Proceeds from surrender of corporate-owned life insurance policies 0 1,894
Proceeds from sale marketable securities 142 0
Proceeds from sales of property and equipment 1 11,930
Net cash (used in) provided by investing activities (1,383) 8,158
Financing activities    
Proceeds from revolving lines 16,936 21,113
Proceeds from debt 0 6,147
Payments of debt on revolving lines of credit (13,237) (29,835)
Payments of other debt (120) (10,044)
Increase (decrease) in drafts payable 285 (248)
Borrowings (payments) on capitalized lease obligations 567 (1,204)
Release of treasury stock 170 0
Stock options exercised and restricted shares issued (256) 309
Net cash provided by (used in) financing activities 4,345 (13,762)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 604 104
Net increase (decrease) in cash, cash equivalents and restricted cash 738 (6,401)
Cash, cash equivalents and restricted cash - beginning of period 8,701 18,955
Cash, cash equivalents and restricted cash - end of period 9,439 12,554
Supplemental cash flow information    
Interest paid 362 457
Income taxes paid 524 1,142
Fixed assets acquired under capital leases 697 0
Funds held in escrow related to the sale of Filtration assets $ 250 $ 502