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Stock Repurchase Program
12 Months Ended
Jan. 31, 2015
Equity [Abstract]  
Stock Repurchase Program

Note 10 — Stock Repurchase Program

On May 22, 2014, the Company announced that its Board of Directors authorized a stock repurchase plan providing for the purchase in the aggregate of up to $30 million of the Company’s outstanding common stock from time to time until May 2016. Through January 31, 2015, the Company repurchased and retired a total of approximately 269,000 shares at an aggregate cost of $4.8 million under this repurchase plan. Subsequent to January 31, 2015, the Company has repurchased and retired approximately 40,000 shares of common stock at an aggregate cost of $955,000.