FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Jan. 31, 2014

FAIR VALUE MEASUREMENTS [Abstract]

Summary of financial assets and liabilities, measured at fair value

The following table sets forth the Company’s financial assets, measured at fair value, as of January 31, 2014 and 2013:

	Fair value measurement at reporting date using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
	(in thousands)
Money market mutual funds as of January 31, 2014	$	57,204	$	—		$	—
Money market mutual funds as of January 31, 2013	$	44,871	$	—		$	—
Asset related to interest rate swap as of January 31, 2014	$	—	$	250		$	—
Liability related to interest rate swap as of January 31, 2013	$	—	$	(384	)	$	—
Contingent liability associated with aquisitions as of January 31, 2014	$	—	$	—		$	(1,178	)
Contingent liability associated with aquisitions as of January 31, 2013	$	—	$	—		$	(1,392	)

Fair values of the derivative instrument

The fair values of the derivative instrument at January 31, 2014 and January 31, 2013 were as follows (in thousands):

	Asset/(Liability) Derivative
		Fair Value
	Balance Sheet Location	January 31, 2014		January 31, 2013
Derivative instrument:
Interest rate swap	Other assets (liabilities)	$	250	$	(384	)
Total		$	250	$	(384	)