Quarterly report pursuant to Section 13 or 15(d)

Stock Repurchase Program

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Stock Repurchase Program
6 Months Ended
Jul. 31, 2015
Equity [Abstract]  
Stock Repurchase Program
8. Stock Repurchase Program

On September 4, 2013, our Board of Directors authorized the repurchase of up to $25.0 million of our common stock through a share repurchase program, which we increased to $40.0 million on May 31, 2014 in connection with an extension of the termination date to April 30, 2015. We did not repurchase any shares of our common stock subsequent to July 31, 2014 and the repurchase authorization expired by its terms on April 30, 2015. Under this program, we used $5.5 million of cash in connection with the repurchase of 591,520 shares of our common stock (an average price of $9.31 per share).