Component: (Network and Table)
Network
00400 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS
(http://www.arganinc.com/role/StatementConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000100591 (http://www.sec.gov/CIK)
CONSOLIDATED STATEMENTS OF CASH FLOWSPeriod [Axis]
2015-02-01 - 2016-01-31
2014-02-01 - 2015-01-31
2013-02-01 - 2014-01-31
CONSOLIDATED STATEMENTS OF CASH FLOWS
 
 
 
CASH FLOWS FROM OPERATING ACTIVITIES
 
 
 
Net income
50,204,000  
43,455,000  
43,344,000  
Adjustments to reconcile net income to net cash (used in) provided by operating activities
 
 
 
Deferred income tax expense
3,421,000  
896,000  
1,701,000  
Stock option compensation expense
2,374,000  
2,017,000  
1,536,000  
Depreciation
779,000  
551,000  
549,000  
Amortization of purchased intangible assets
531,000  
243,000  
243,000  
Gains on the deconsolidation of variable interest entities
(349,000) 
 
(2,444,000) 
Other
107,000  
  
Changes in operating assets and liabilities
 
 
 
Accounts receivable
(12,194,000) 
(3,879,000) 
1,294,000  
Costs and estimated earnings in excess of billings
1,972,000  
72,000  
722,000  
Prepaid expenses and other assets
(2,751,000) 
501,000  
598,000  
Accounts payable and accrued expenses
(12,196,000) 
22,645,000  
(10,513,000) 
Billings in excess of costs and estimated earnings
(64,930,000) 
26,828,000  
61,377,000  
Other Comprehensive loss
(565,000) 
  
Net cash (used in) provided by operating activities
(33,597,000) 
 
93,329,000  
 
98,407,000  
 
CASH FLOWS FROM INVESTING ACTIVITIES
 
 
 
Purchases of short-term investments
(252,000,000) 
  
Maturities of short-term investments
138,000,000  
  
Purchase of subsidiaries, net of cash acquired (Note 4)
(17,379,000) 
  
Purchases of property and equipment
(3,118,000) 
(2,936,000) 
(1,136,000) 
Loans to energy project developers
(1,052,000) 
(614,000) 
(2,450,000) 
Payments received on loans made to variable interest entities
5,012,000  
 
8,915,000  
Net cash (used in) provided by investing activities
(130,537,000) 
 
(3,550,000) 
 
5,329,000  
 
CASH FLOWS FROM FINANCING ACTIVITIES
 
 
 
Cash dividends
(10,378,000) 
(10,166,000) 
(10,640,000) 
Cash distributions to joint venture partner
 
(25,000,000) 
 
Proceeds from the exercise of stock options
1,818,000  
5,389,000  
3,794,000  
Excess income tax benefit on exercised stock options
 
1,480,000  
576,000  
Excess income tax expense on exercised stock options
(86,000) 
  
Deconsolidation of the cash of variable interest entities
(2,000) 
 
(399,000) 
Net cash used in financing activities
(8,648,000) 
 
(28,297,000) 
 
(6,669,000) 
 
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS
(172,782,000) 
 
61,482,000  
 
97,067,000  
 
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR
333,691,000  
272,209,000  
175,142,000  
CASH AND CASH EQUIVALENTS, END OF YEAR
160,909,000  
 
333,691,000  
 
272,209,000  
 
SUPPLEMENTAL CASH FLOW INFORMATION:
 
 
 
Cash paid for income taxes
25,678,000  
18,662,000  
24,723,000  
Common stock issued in connection with the acquisition of APC (noncash transaction, see Note 4)
3,536,000