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Share-Based Compensation (Tables)
12 Months Ended
Jan. 31, 2022
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-Based Compensation Expense
Share-Based Compensation:
Share-based compensation expense has been recognized as follows:
 
(In thousands)                     
Stock Options
   $ 210      $ 517      $ 616  
Restricted Stock Awards and Restricted Stock Units
     1,266        1,285        1,136  
Employee Stock Purchase Plan
     17        17        23  
    
 
 
    
 
 
    
 
 
 
Total
   $ 1,493      $ 1,819      $ 1,775  
    
 
 
    
 
 
    
 
 
 
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, 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  
Options Granted
     —         —    
Options Exercised
     (1,200     7.60  
Options Forfeited
     (54,361     12.89  
Options Cancelled
     (1,400     7.36  
    
 
 
   
 
 
 
Options Outstanding, January 31, 2021
     622,083     $ 14.63  
Options Granted
     —         —    
Options Exercised
     (6,425     9.34  
Options Forfeited
     (17,615     15.09  
Options Cancelled
     —         —    
    
 
 
   
 
 
 
Options Outstanding, January 31, 2022
     598,043     $ 14.67  
    
 
 
   
 
 
 
Summary of Options Outstanding
Set forth below is a summary of options outstanding at January 31, 2022:
 
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
     35,844      $ 7.97        0.5        35,844      $ 7.97        0.5  
$10.01-15.00
     345,749        13.62        3.9        345,749        13.62        3.9  
$15.01-20.00
     216,450        17.48            5.8        209,900        17.43        5.8  
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
       598,043      $ 14.67            4.4        591,493      $ 14.63        4.3  
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
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, 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  
Granted
     245,131       7.61  
Vested
     (64,997     17.28  
Forfeited
     (117,355     8.83  
    
 
 
   
 
 
 
Outstanding at January 31, 2021
     197,413     $ 9.96  
Granted
     151,406       14.51  
Vested
     (126,939     10.43  
Forfeited
     (22,538     14.26  
    
 
 
   
 
 
 
Outstanding at January 31, 2022
     199,342     $ 12.63  
    
 
 
   
 
 
 
Summarized Plan Activity Summarized plan activity is as follows:
    
    2022    
    
    2021    
    
    2020    
 
Shares Reserved, Beginning
     10,374        24,974        33,853  
Shares Purchased
     (8,092      (14,600      (8,879
    
 
 
    
 
 
    
 
 
 
Shares Reserved, Ending
     2,282        10,374        24,974