Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v3.19.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Cash flows from operating activities:    
Net income (loss) $ (38,002) $ 13,498
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization expense 2,924 4,696
Recovery on loss contract   (593)
Provision for bad debts 1,779 79
Loss on impairment of goodwill and long-lived assets 17,015  
Stock-based compensation expense 2,939 2,696
Deferred income taxes (4) (14,132)
Unrealized foreign currency transaction loss 3,459  
Gain on sale of investment in affiliate (175) (2,555)
Other 53 398
Changes in operating assets and liabilities, excluding impact of acquisitions:    
Accounts and other receivables 513 5,132
Unbilled receivables (2,468) 3,968
Inventory (260) 34
Prepaid expenses and other current assets and other assets (877) (588)
Accounts payable 2,219 (2,499)
Accrued expenses (7,087) 3,505
Deferred revenue (3,379) (1,078)
Other operating activities (173) 386
Net cash provided by (used in) operating activities (21,524) 12,947
Cash flows from investing activities:    
Purchases of property, plant and equipment (364) (526)
Purchases of marketable securities (8,510) (7,246)
Proceeds from sales and maturities of marketable securities 6,652 8,992
Proceeds from sale of investment in affiliate 175 4,555
Other investing activities   236
Net cash provided by (used in) investing activities (2,047) 6,011
Cash flows from financing activities:    
Proceeds from issuance of common stock 83 54
Payments of withholding tax on RSU vesting (43) (141)
Net cash provided by (used in) financing activities 40 (87)
Effect of exchange rate on cash, cash equivalents and restricted cash 187 (3,621)
Net increase (decrease) in cash, cash equivalents and restricted cash (23,344) 15,250
Cash, cash equivalents and restricted cash at beginning of period 43,661 28,411
Cash, cash equivalents and restricted cash at end of period 20,317 43,661
Supplemental disclosure of cash flow information    
Income taxes paid $ 2,965 $ 368