XML 109 R41.htm IDEA: XBRL DOCUMENT v3.20.1

Share-Based Compensation (Tables)

12 Months Ended

Jan. 31, 2020

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Share-Based Compensation Expense

Share-based compensation expense has been recognized as follows:

		Years Ended January 31
		2020				2019				2018
(In thousands)
Stock Options		$	616			$	783			$	437
Restricted Stock Awards and Restricted Stock Units			1,136				1,088				1,134
Employee Stock Purchase Plan			23				15				12
Total		$	1,775			$	1,886			$	1,583

Aggregated Information Regarding Stock Options Granted

Aggregated information regarding stock options granted under the plans is summarized below:

		Number of Shares				Weighted- Average Exercise Price Per Share
Options Outstanding, January 31, 2017			685,456			$	11.96
Options Granted			187,189				13.57
Options Exercised			(84,025	)			10.08
Options Forfeited			(18,750	)			14.49
Options Cancelled			(24,600	)			11.76
Options Outstanding, January 31, 2018			745,270			$	12.52
Options Granted			196,000				18.21
Options Exercised			(150,125	)			10.62
Options Forfeited			(16,300	)			15.10
Options Cancelled			(3,700	)			8.95
Options Outstanding, January 31, 2019			771,145			$	14.30
Options Granted			—				—
Options Exercised			(57,175	)			11.60
Options Forfeited			(34,526	)			15.73
Options Cancelled			(400	)			6.22
Options Outstanding, January 31, 2020			679,044			$	14.46

Summary of Options Outstanding

Set forth below is a summary of options outstanding at January 31, 2020:

Outstanding														Exercisable
Range of Exercise prices		Number of Shares				Weighted- Average Exercise Price				Weighted- Average Remaining Contractual Life				Number of Shares				Weighted- Average Exercise Price				Weighted Average Remaining Contractual Life
$5.00-10.00			54,881			$	7.97				2.1				54,881			$	7.97				2.1
$10.01-15.00			396,564				13.61				5.8				322,094				13.64				5.4
$15.01-20.00			227,599				17.50				7.8				112,445				17.07				7.6
			679,044			$	14.46				6.2				489,420			$	13.79				5.6

Fair Value of Stock Options Granted

The fair value of each stock option granted was estimated on the grant date using the Black-Scholes option-pricing model with the following weighted-average assumptions:

		Years Ended January 31
		2019				2018
Risk-Free Interest Rate			2.6	%			1.9	%
Expected Life (years)			9				9
Expected Volatility			39.4	%			39.0	%
Expected Dividend Yield			1.5	%			2.0	%

Aggregated Information Regarding RSUs and RSAs Granted

Aggregated information regarding RSUs and RSAs granted under the Plan is summarized below:

		RSAs & RSUs				Weighted-Average Grant Date Fair Value
Outstanding at January 31, 2017			213,868			$	14.08
Granted			43,737				13.78
Vested			(71,171	)			14.12
Forfeited			(9,087	)			14.05
Outstanding at January 31, 2018			177,347			$	13.99
Granted			108,790				17.85
Vested			(67,447	)			14.26
Forfeited			(85,023	)			14.17
Outstanding at January 31, 2019			133,667			$	16.90
Granted			119,522				19.86
Vested			(59,930	)			14.50
Forfeited			(58,625	)			19.00
Outstanding at January 31, 2020			134,634			$	16.79

Summarized Plan Activity

Summarized plan activity is as follows:

		Years Ended January 31
		2020				2019				2018
Shares Reserved, Beginning			33,853				39,207				45,224
Shares Purchased			(8,879	)			(5,354	)			(6,017	)
Shares Reserved, Ending			24,974				33,853				39,207

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

+ 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 (h)(1)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of employee stock purchase plan activity.

+ 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 (g)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationEmployeeStockPurchasePlanActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ 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
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ 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 (d)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (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=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration