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Commitments

12 Months Ended

Jan. 31, 2013

(8) Commitments

The Company leases certain of its operating facilities under operating leases which principally expire at various dates through fiscal year 2020. The leases are generally on a net-rent basis, whereby the Company pays taxes, maintenance, insurance and other operating expenses. Management expects that, in the normal course of business, leases that expire will be renewed or replaced by other leases. Total rental expense was $4,741,000 and $4,298,000 for the years ended January 31, 2013 and 2012, respectively.

At January 31, 2013, minimum rental payment obligations under operating leases were as follows:

2014	$	4,138,000
2015		3,626,000
2016		3,345,000
2017		2,108,000
2018		1,452,000
Thereafter		3,097,000
	$	17,766,000

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

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