STOCKHOLDERS’ EQUITY (Tables)

12 Months Ended

Jan. 31, 2018

Equity [Abstract]

Schedule of Nonvested Share Activity [Table Text Block]

The following table summarizes the unvested shares granted on September 12, 2017, which have been made under the 2017 Plan.

	Number of shares awarded total
	Minimum		Target		Maximum		Cap
Employees		21,145		31,718		42,291		50,748
Non-Employee Directors		7,246		10,870		14,493		17,391
Total		28,391		42,588		56,784		68,139

	Value at grant date (numbers below are rounded to the nearest $100)
	Minimum		Target		Maximum		Cap
Employees	$	291,800	$	437,700	$	583,600	$	700,300
Non-Employee Directors		100,000		150,000		200,000		240,000
Total	$	391,800	$	587,700	$	783,600	$	940,300

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

The Company recognized total stock-based compensation costs, which are reflected in operating expenses:

	Year Ended January 31,
	2018		2017		2016
2012 Plan	$	206	$	(9,354)	$	332,691
2015 Plan		197,284		285,354	$	253,296
2017 Plan		227,075		—		—
Total stock-based compensation	$	424,565	$	276,000	$	585,987
Total income tax benefit recognized for stock-based compensation arrangements	$	153,203	$	99,360	$	210,995

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

Shares issued under 2017, 2015 and 2012 Stock Plans	Outstanding Unvested Grants at Maximum at Beginning of FY18		Granted during FY18 through January 31, 2018		Becoming Vested during FY18 through January 31, 2018		Forfeited during FY18 through January 31, 2018		Outstanding Unvested Grants at Maximum at End of January 31, 2018
Restricted stock grants – employees		67,619		42,291		40,570		27,049		42,291
Restricted stock grants – non-employee directors		—		14,493		—		—		14,493
Retainer in stock – non-employee directors		32,372		7,568		27,151		—		12,789
Total restricted stock		99,991		64,352		67,721		27,049		69,573
Weighted average grant date fair value	$	10.18	$	13.91	$	10.18	$	10.19	$	13.63