Quarterly report pursuant to Section 13 or 15(d)

Stock Repurchase Program

v3.3.1.900
Stock Repurchase Program
9 Months Ended
Oct. 31, 2015
Equity [Abstract]  
Stock Repurchase Program
9. 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. 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).