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Share-Based Compensation (Tables)
12 Months Ended
Jan. 31, 2023
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-Based Compensation Expense
Share-based compensation expense has been recognized as follows:
 
    
Years Ended January 31
 
    
2023
    
2022
    
2021
 
(In thousands)                     
Stock Options
   $ 7      $ 210      $ 517  
Restricted Stock Awards and Restricted Stock Units
     1,271        1,266        1,285  
Employee Stock Purchase Plan
     12        17        17  
    
 
 
    
 
 
    
 
 
 
Total
   $ 1,290      $ 1,493      $ 1,819  
    
 
 
    
 
 
    
 
 
 
Aggregated Information Regarding Stock Options Granted
Aggregated information regarding stock options granted under the plans is summarized below:
 
    
Number
of Shares
    
Weighted-
Average
Exercise
Price Per
Share
 
Options Outstanding, January 31, 2020
     679,044      $ 14.46  
Options Granted
     —          —    
Options Exercised
     (1,200      7.60  
Options Forfeited
     (54,361      12.89  
Options Cancelled
     (1,400      7.36  
    
 
 
    
 
 
 
Options Outstanding, January 31, 2021
     622,083      $ 14.63  
Options Granted
     —          —    
Options Exercised
     (6,425      9.34  
Options Forfeited
     (17,615      15.09  
Options Cancelled
     —          —    
    
 
 
    
 
 
 
Options Outstanding, January 31, 2022
     598,043      $ 14.67  
Options Granted
     —          —    
Options Exercised
     (42,944      8.74  
Options Forfeited
     (5,500      15.42  
Options Cancelled
     (2,400      8.09  
    
 
 
    
 
 
 
Options Outstanding, January 31, 2023
     547,199      $ 15.16  
    
 
 
    
 
 
 
Summary of Options Outstanding
Set forth below is a summary of options outstanding at January 31, 2023:
 
Outstanding
 
  
Exercisable
 
Range of
Exercise prices
  
Number of
Shares
 
  
Weighted-
Average
Exercise Price
 
  
Weighted-
Average
Remaining
Contractual Life
 
  
Number of
Shares
 
  
Weighted-
Average
Exercise Price
 
  
Weighted
Average
Remaining
Contractual
Life
 
$5.00-10.00
     —        $ —          —          —        $ —          —    
$10.01-15.00
     332,849        13.68        2.9        332,849        13.68        2.9  
$15.01-20.00
     214,350        17.45        4.8        214,350        17.45        4.8  
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
       547,199      $ 15.16        3.7        547,199      $ 15.16        3.7  
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Aggregated Information Regarding RSUs and RSAs Granted
Aggregated information regarding RSUs, PSUs and RSAs granted under the Plan is summarized below:
 
    
RSUs, PSUs &
RSAs
    
Weighted-Average
Grant Date Fair Value
 
Outstanding at January 31, 2020
     134,634      $ 16.79  
Granted
     245,131        7.61  
Vested
     (64,997      17.28  
Forfeited
     (117,355      8.83  
    
 
 
    
 
 
 
Outstanding at January 31, 2021
     197,413      $ 9.96  
Granted
     151,406        14.51  
Vested
     (126,939      10.43  
Forfeited
     (900      14.26  
    
 
 
    
 
 
 
Outstanding at January 31, 2022
     220,980      $ 13.23  
Granted
     141,371        12.70  
Vested
     (85,324      13.45  
Forfeited
     (2,100      13.25  
    
 
 
    
 
 
 
Outstanding at January 31, 2023
     274,927      $ 12.82