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SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Jan. 31, 2019
Accounting Policies [Abstract]  
Schedule of reconciliation between basic and diluted net income per share

The following table reconciles the numerators and denominators used in the calculation of basic and diluted net income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended January 31,

 

    

2019

    

2018

    

2017

 

 

(In thousands, except per share amounts)

Net income

 

$

138,067

 

$

62,124

 

$

51,938

Basic net income per share:

 

 

 

 

 

 

 

 

 

Basic common shares

 

 

49,140

 

 

48,820

 

 

46,308

Basic net income per share

 

$

2.81

 

$

1.27

 

$

1.12

 

 

 

 

 

 

 

 

 

 

Diluted net income per share:

 

 

 

 

 

 

 

 

 

Basic common shares

 

 

49,140

 

 

48,820

 

 

46,308

Diluted restricted stock awards and stock options

 

 

1,134

 

 

930

 

 

1,086

Diluted common shares

 

 

50,274

 

 

49,750

 

 

47,394

Diluted net income per share

 

$

2.75

 

$

1.25

 

$

1.10

 

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]

The following table summarizes the carrying values and the estimated fair values of the Company’s debt instruments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Carrying Value

 

Fair Value

 

 

 

    

January 31,

 

January 31,

    

January 31,

 

January 31,

Financial Instrument

 

Level

 

2019

 

2018

 

2019

 

2018

 

 

 

 

(In thousands)

Term loan

 

2

 

$

300,000

 

$

300,000

 

$

300,000

 

$

300,000

Revolving credit facility

 

2

 

 

 —

 

 

12,003

 

 

 —

 

 

12,003

Note issued to LVMH

 

3

 

 

96,618

 

 

91,667

 

 

88,608

 

 

91,667