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STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
Jan. 31, 2014
STOCK-BASED COMPENSATION [Abstract]  
Allocation of stock-based compensation expense
The following table sets forth reported stock compensation expense included in the Company’s Consolidated Statements of Income and Comprehensive Income for the fiscal years ended January 31, 2014, 2013 and 2012.

 
Years Ended January 31,
 
 
2014
 
2013
 
2012
 
 
(in thousands)
 
Stock-based compensation expense:
 
 
 
Cost of maintenance, subscription and other revenue
 
$
201
  
$
197
  
$
221
 
Cost of professional services
  
476
   
482
   
526
 
Sales and marketing
  
858
   
835
   
813
 
Research and development
  
628
   
658
   
667
 
General and administrative
  
2,517
   
2,436
   
2,280
 
Total stock-based compensation expense
 
$
4,680
  
$
4,608
  
$
4,507
 
Weighted average assumptions used to value SARs
The weighted average assumptions used to value SARs are shown in the following table.

 
 
Years Ended January 31,
 
 
 
2014
  
2013
  
2012
 
Expected life in years
  
4.57
   
4.61
   
4.52
 
Risk free interest rate
  
1.00
%
  
0.69
%
  
0.98
%
Volatility
  
53
%
  
61
%
  
67
%
Dividend rate
  
2.42
%
  
2.25
%
  
2.59
%
Activity for outstanding stock options and SARs
The following table summarizes the activity for outstanding options and SARs for the fiscal years ended January 31, 2014, 2013 and 2012:

 
 
Options/
SARs
(in thousands)
  
Weighted
Average
Exercise
Price per
Share
 
Weighted
Average
Remaining
Contractual
Term
(years)
Aggregate
Intrinsic
Value 
(in thousands)
Outstanding at January 31, 2011
  
2,653
  
$
11.33
 
 
   
Granted
  
502
   
10.28
 
 
   
Exercised
  
(164
)
  
8.08
 
 
   
Expired
  
(46
)
  
14.28
 
 
   
Forfeited
  
(74
)
  
9.26
 
 
   
Outstanding at January 31, 2012
  
2,871
  
$
11.34
 
 
   
Granted
  
570
   
12.90
 
 
   
Exercised
  
(272
)
  
8.34
 
 
   
Expired
  
(222
)
  
22.26
 
 
   
Forfeited
  
(27
)
  
9.49
 
 
   
Outstanding at January 31, 2013
  
2,920
  
$
11.11
 
 
   
Granted
  
599
   
11.73
 
 
   
Exercised
  
(404
)
  
9.21
 
 
   
Expired
  
(230
)
  
15.16
 
 
   
Forfeited
  
(43
)
  
10.68
 
 
   
Outstanding at January 31, 2014
  
2,842
  
$
11.19
 
5.0
$
19,087
Vested and expected to vest at January 31, 2014 (1)
  
2,808
  
$
11.18
 
5.0
$
18,877
Vested and exercisable at January 31, 2014
  
1,459
  
$
10.83
 
3.5
$
10,214
 
(1)The expected-to-vest options and SARs are the result of applying the pre-vesting forfeiture rate assumptions to total outstanding options and SARs.
 
Summary of activity for RSUs
The following table summarizes the activity for RSUs for the fiscal years ended January 31, 2014, 2013 and 2012:

 
 
RSUs
  
Weighted
Average
Grant Date
Fair Value
 
 
 
(in thousands)
  
 
Restricted stock at January 31, 2011
  
435
  
$
10.02
 
Granted
  
174
   
9.32
 
Released (1)
  
(178
)
  
11.02
 
Forfeited
  
(17
)
  
9.35
 
Restricted stock at January 31, 2012
  
414
  
$
9.32
 
Granted
  
200
   
12.20
 
Released (1)
  
(223
)
  
9.84
 
Forfeited
  
(6
)
  
10.99
 
Restricted stock at January 31, 2013
  
385
  
$
10.49
 
Granted
  
231
   
11.20
 
Released (1)
  
(165
)
  
10.05
 
Forfeited
  
(21
)
  
11.14
 
Restricted stock at January 31, 2014
  
430
  
$
11.02
 
 
(1)The number of RSUs released includes shares withheld on behalf of employees to satisfy minimum statutory tax withholding requirements. During the fiscal years ended January 31, 2014, 2013 and 2012, the Company withheld 47,000 shares, 57,000 shares and 58,000 shares, respectively, for payment of these taxes. The value of the withheld shares for the fiscal years ended January 31, 2014, 2013 and 2012 were $0.6 million, $0.7 million and $0.6 million, respectively.