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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Operating activities    
Net income $ 2,711 $ 3,068
Adjustments to reconcile net income to net cash flows used in operating activities    
Depreciation and amortization 2,781 3,259
Deferred tax expense 358 361
Stock-based compensation expense 763 818
Non-cash pension termination expense 813 0
Provision on uncollectible accounts 20 11
Loss on disposal of fixed assets 134 122
Changes in operating assets and liabilities    
Accounts receivable (4,345) (11,189)
Inventories, net (1,545) (3,241)
Costs and estimated earnings in excess of billings on uncompleted contracts (3,086) 1,794
Accounts payable 513 5,859
Accrued compensation and payroll taxes 126 1,800
Customers' deposits 1,250 1,413
Income taxes receivable and payable 530 729
Prepaid expenses and other current assets (785) (1,011)
Other assets and liabilities 1,699 (658)
Net cash used in operating activities (5,100) (32)
Investing activities    
Capital expenditures (3,236) (1,951)
Proceeds from sales of property and equipment 117 44
Net cash used in investing activities (3,119) (1,907)
Financing activities    
Proceeds from revolving lines 62,778 13,289
Payments of debt on revolving lines (54,259) (11,436)
Payments of debt on mortgage 0 (4,823)
Payments of principal on finance obligation (251) (203)
Payments of other debt (198) (174)
Increase/(decrease) in drafts payable (130) (8)
Repurchase of common stock (43) (496)
Stock options exercised and taxes paid related to restricted shares vested (222) (233)
Net cash provided by financing activities 7,610 5,259
Effect of exchange rate changes on cash, cash equivalents and restricted cash 563 69
Net (decrease)/increase in cash, cash equivalents and restricted cash (46) 3,389
Cash, cash equivalents and restricted cash - beginning of period 9,771 8,375
Cash, cash equivalents and restricted cash - end of period 9,725 11,764
Supplemental cash flow information    
Interest paid 1,505 672
Income taxes paid 2,107 725
Land and Buildings in Lebanon, Tennessee [Member]    
Financing activities    
Payments of principal on finance obligation (65) (107)
Finance Lease Obligations [Member]    
Financing activities    
Proceeds from finance obligation, net of issuance costs 0 9,538
Payments of principal on finance obligation (251) (291)
Unbilled Revenues [Member]    
Changes in operating assets and liabilities    
Unbilled accounts receivable $ (7,037) $ (3,167)