BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jan. 31, 2016

Organization, Consolidation and Presentation Of Financial Statements [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table sets forth the computation of basic and diluted earnings per share for “income from continuing operations” at January 31, 2016 and 2015, as follows:

	Years Ended January 31,
	(in $000’s)
	2016		2015
Numerator
Net income from continuing operations	$	7,790	$	11,086
Net loss from discontinued operations		(3,936)		(2,687)
Net income	$	3,854	$	8,399
Denominator
Denominator for basic earnings per share		7,171,965		5,843,120
Weighted-average shares which reflect 356,441 shares in the treasury as a result of the stock repurchase program that ended in 2011
Weighted average common equivalent shares resulting from the warrant issued June 28, 2013 to the subordinated debt lender LKL Investments LLC		—		371,183
Total weighted average, including common equivalent shares		7,171,965		6,214,303
Effect of dilutive securities from restricted stock plan and from dilutive effect of stock options		82,375		111,222
Denominator for diluted earnings per share (adjusted weighted average shares)		7,254,340		6,325,525
Basic earnings per share from continuing operations	$	1.09	$	1.78
Basic (loss) per share from discontinued operations	$	(0.55)	$	(0.43)
Basic earnings per share	$	0.54	$	1.35
Diluted earnings per share from continuing operations	$	1.07	$	1.75
Diluted (loss) per share from discontinued operations	$	(0.54)	$	(0.42)
Diluted earnings per share	$	0.53	$	1.33

Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]

Supplemental cash flow information for the years ended January 31 is as follows:

	2016		2015
Interest paid	$	784	$	1,395
Income taxes paid	$	1,826	$	1,763
Accumulated amortization of warrant OID included in interest expense	$	0	$	1,977