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COMMON STOCK
 12 Months Ended
Jan. 31, 2025
Common Stock Abstract  
Common Stock [Text Block]
8.COMMON STOCK

 

On June 21, 2022, the Board of Directors of the Company adopted resolutions declaring a three-for-one split of the Company’s Common Stock to be effectuated in the form of a 200% stock dividend, payable on August 5, 2022 to stockholders of record at the close of business on July 29, 2022. The stock split has been retroactively reflected in the accompanying consolidated financial statements.

 

During fiscal years 2024 and 2022 the Company purchased approximately 373,000 shares and 472,000 shares of its common stock for approximately $15.5 million and $13.0 million, respectively. The Company did not purchase any shares of its common stock during fiscal year 2023. At January 31, 2025, the Company had prior authorization by its Board of Directors to purchase, in open market transactions, an additional approximately 504,000 shares of its common stock.

 

Information regarding the Company’s common stock is as follows (amounts in thousands):

 

   January 31, 
   2025   2024 
           
Authorized shares   45,000    45,000 
Issued shares   29,853    29,853 
Outstanding shares   17,195    17,504