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COMMON STOCK
 12 Months Ended
Jan. 31, 2015
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]

8. COMMON STOCK


During fiscal years 2014, 2013 and 2012, the Company purchased 283,979 shares, 137,015 shares and 278,369 shares, respectively, of its common stock for approximately $18,238,000, $3,486,000 and $5,445,000, respectively. Included in these amounts are shares the Company received totaling 1,555 and 32,935 for the years ended January 31, 2015, and 2013 respectively, as tenders of the exercise price of stock options exercised by certain officers and directors of the Company. The cost of these shares, determined as the fair market value on the date they were tendered, was approximately $100,000 and $1,071,000 for the years ended January 31, 2015 and, 2013, respectively. At January 31, 2015, the Company had prior authorization by its Board of Directors to purchase, in open market transactions, an additional 497,582 shares of its common stock. Information regarding the Company’s common stock is as follows (amounts in thousands):


    January 31,
2015 		    January 31,
2014 		 
             
Authorized shares     45,000     45,000  
               
Issued shares     29,853     29,853  
               
Outstanding shares     7,900     8,100