Stockholders' Equity

9 Months Ended

Oct. 31, 2012

Equity [Abstract]

Stockholders' Equity

Stockholders’ Equity

During the nine months ended October 31, 2012, the Company did not repurchase any shares of its common stock. As of October 31, 2012, $1.1 million remained available for repurchases of the Company’s common stock pursuant to the Company’s repurchase program approved by the Board of Directors. Pursuant to the Company’s Credit Agreement with PNC, however, the Company is prohibited from repurchasing any shares of its stock except in cases where a repurchase is financed by a substantially concurrent issuance of new shares of the Company’s common stock.