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COMMON STOCK
12 Months Ended
Jan. 31, 2018
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]

9. COMMON STOCK


During fiscal year 2017, the Company did not purchase any of its common stock. During fiscal years 2016 and 2015, the Company purchased 87,904 shares and 1,254,344 shares, respectively, of its common stock for approximately $4,353,000 and $70,208,000, respectively. At January 31, 2018, the Company had prior authorization by its Board of Directors to purchase, in open market transactions, an additional 155,334 shares of its common stock. Information regarding the Company’s common stock is as follows (amounts in thousands):


   January 31, 
   2018   2017 
Authorized shares   45,000    45,000 
Issued shares   29,853    29,853 
Outstanding shares   6,566    6,561