Stock-Based Compensation and Stockholders' Rights (Tables)

12 Months Ended

Jan. 31, 2016

The following table presents a summary of restricted stock and stock unit awards:



			Expense for 12 months ended						Unrecognized Compensation Cost at
Date of Grants	Units Granted	Terms of Vesting	1/31/2016		1/31/2015		1/31/2014		1/31/2016
2011 Stock Incentive Plan
06/22/2015	48,000	4 years	$	22,000	$	—	$	—	$	110,000
06/22/2015	27,174	1 year	50,000		—		—		25,000
06/24/2014	28,626	1 year	25,000		49,000		—		—
06/24/2014	490,000	5 years	246,000		171,000		—		801,000
12/03/2013	10,000	1 year			13,000		6,000		—
12/03/2013	18,000	5 years	—		—		1,000		—
06/25/2013	71,430	1 year			50,000		100,000		—
06/19/2012	31,250	1 year	—		—		17,000		—
06/19/2012	520,000	5 years	150,000		157,000		160,000		196,000
2007 Stock Incentive Plan
06/19/2012	78,125	1 year	—		—		41,000		—
03/21/2012	40,000	Immediate	—		—		—		—
06/21/2011	68,960	1 year	—		—		—		—
06/16/2009	382,500	5 years			62,000		198,000		—
06/19/2007	262,500	5 years	—		—		—		—
Totals for the period			$	493,000	$	502,000	$	523,000	$	1,132,000

A summary of the Company’s restricted stock unit awards activity, and related information for the following years ended January 31, is as follows:



	2016				2015				2014
	Restricted stock units		Weighted- average fair value of restricted stock units		Restricted stock units		Weighted- average fair value of restricted stock units		Restricted stock units		Weighted- average fair value of restricted stock units
Outstanding at beginning of year	812,626		$	2.24	544,430		$	1.87	743,375		$	1.89
Granted	75,174		2.76		518,626		2.61		99,430		2.07
Vested	(212,626	)	2.79		(232,430	)	2.38		(260,375	)	2.01
Forfeited	(18,000	)	2.74		(18,000	)	2.61		(38,000	)	2.00
Outstanding at end of year	657,174		2.34		812,626		2.24		544,430		1.87
Weighted-average fair value of restricted stock units granted during the year			$	2.76			$	2.61			$	2.07