CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands |
3 Months Ended |
Jan. 31, 2017 |
Jan. 31, 2016 |
| Cash flows from operating activities: |
|
|
| Net income |
$ 879
|
$ 3,895
|
| Adjustments to reconcile net income to net cash provided by (used for) operating activities: |
|
|
| Provision for doubtful accounts |
19
|
(52)
|
| Deferred income taxes |
(377)
|
469
|
| Equity in income of affiliates |
(223)
|
(150)
|
| Depreciation and amortization |
959
|
962
|
| Foreign currency (gain) loss |
927
|
436
|
| Unrealized (gain) loss on derivatives |
(683)
|
(60)
|
| Stock-based compensation |
348
|
334
|
| Change in assets and liabilities: |
|
|
| (Increase) decrease in accounts receivable |
16,493
|
2,483
|
| (Increase) decrease in inventories |
(474)
|
(6,256)
|
| (Increase) decrease in prepaid expenses |
(659)
|
(1,017)
|
| Increase (decrease) in accounts payable |
2,785
|
1,457
|
| Increase (decrease) in accrued expenses |
(4,694)
|
(2,887)
|
| Net change in derivative assets and liabilities |
194
|
333
|
| Other |
26
|
(681)
|
| Net cash provided by (used for) operating activities |
15,520
|
(734)
|
| Cash flows from investing activities: |
|
|
| Purchase of property and equipment |
(798)
|
(635)
|
| Proceeds from sale of equipment |
0
|
4
|
| Software development costs |
(482)
|
(477)
|
| Net cash provided by (used for) investing activities |
(1,280)
|
(1,108)
|
| Cash flows from financing activities: |
|
|
| Dividends paid |
(592)
|
(525)
|
| Restricted shares vested |
3
|
1
|
| Net cash provided by (used for) financing activities |
(589)
|
(524)
|
| Effect of exchange rate changes on cash |
272
|
(1,085)
|
| Net increase (decrease) in cash and cash equivalents |
13,923
|
(3,451)
|
| Cash and cash equivalents at beginning of period |
41,217
|
55,237
|
| Cash and cash equivalents at end of period |
$ 55,140
|
$ 51,786
|