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Stock-Based Compensation (Tables) | 6 Months Ended
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Jul. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] |
Schedule of Weighted Average Assumptions Used for Calculation of Fair Value of Stock Options Granted | The table below presents the weighted average assumptions used with the Black-Scholes option-pricing model for the calculation of the fair value of stock options granted during the three months ended April 30, 2021. There were no stock options granted during the three months ended July 31, 2021 or during the three and six months ended July 31, 2020.
|  | Six Months Ended July 31, 2021 |
Expected volatility |  |  | 51.61 | %
Expected life in years |  |  | 6.0 |
Risk-free interest rates |  |  | 0.89 | %
Dividend rate |  |  | 2.90 | %
Weighted average fair value per option at date of grant |  | $ | 10.23 |
Schedule of Stock Options Activity | The following table summarizes the Company’s stock options activity during the first six months of fiscal 2022:
|  | Outstanding Options |  |  | Weighted Average Exercise Price per Option |  |  | Option Price Per Share |  |  | Weighted Average Remaining Contractual Term (years) |  |  | Aggregate Intrinsic Value $(000) |
Options outstanding at January 31, 2021 (561,110 options exercisable) |  |  | 1,111,110 |  |  | $ | 21.90 |  |  | $12.42-$42.12 |  |  |  | 6.9 |  |  | $ | 2,975 |
Granted |  |  | 201,875 |  |  | $ | 27.62 |  |  | $ | 27.62 |  |  |  |  |  |  |
Exercised |  |  | (24,517 | ) |  | $ | 25.45 |  |  | $23.35-$30.36 |  |  |  |  |  |  |
Cancelled |  |  | — |  |  |  |  |  |  |  |  |  |  |  |  |
Options outstanding at July 31, 2021 |  |  | 1,288,468 |  |  | $ | 22.73 |  |  | $12.42-$42.12 |  |  |  | 7.0 |  |  | $ | 10,271 |
Exercisable at July 31, 2021 |  |  | 548,593 |  |  | $ | 28.29 |  |  |  |  |  |  | 3.8 |  |  | $ | 1,785 |
Expected to vest at July 31, 2021 |  |  | 663,115 |  |  | $ | 18.45 |  |  |  |  |  |  | 9.3 |  |  | $ | 7,702 |
Summary of Stock Awards Activity | The following table summarizes the Company’s stock awards activity during the first six months of fiscal 2022:
|  | Number of Stock Award Units |  |  | Weighted- Average Grant Date Fair Value |  |  | Weighted- Average Remaining Contractual Term (years) |  | Aggregate Intrinsic Value $(000's) |
Units outstanding at January 31, 2021 |  |  | 415,994 |  |  | $ | 29.17 |  |  |  |  |  |
Units granted |  |  | 126,497 |  |  | $ | 27.62 |  |  |  |  |  |
Units vested |  |  | (228,928 | ) |  | $ | 31.49 |  |  |  |  |  |
Units forfeited |  |  | — |  |  | $ | — |  |  |  |  |  |
Units outstanding at July 31, 2021 |  |  | 313,563 |  |  | $ | 26.85 |  |  | 2.1 |  | $ | 9,429 |

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of employee stock purchase plans, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
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- Definition Tabular disclosure of the change in stock options. + References No definition available. + Details
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