Indebtedness (Tables)

12 Months Ended

Jan. 31, 2013

Schedule of Actual and Required Covenant Levels Under Existing Agreements

As of January 31, 2013 and 2012, the Company’s actual and required covenant levels under the existing agreements were as follows:

	Actual		Required		Actual		Required
	2013		2013		2012		2012
Minimum fixed charge coverage ratio		2.57		1.50		2.98		1.50
Maximum leverage ratio		1.99		3.00		0.78		3.00

Schedule of Debt Outstanding

Debt outstanding as of January 31, 2013 and 2012, whose carrying value approximates fair market value, was as follows:

	January 31,			January 31,
(in thousands)	2013			2012
Credit agreement	$	95,000		$	52,500
Capitalized lease obligations		3,645			315
Less amounts representing interest		(993	)		(15	)
Notes payable		11,676			7,366
Total debt		109,328			60,166
Less current maturities of long-term debt		(12,789	)		(7,450	)
Total long-term debt	$	96,539		$	52,716

Schedule of Debt Outstanding Maturities

As of January 31, 2013, debt outstanding will mature by fiscal year as follows:

(in thousands)	Notes Payable		Credit Agreement		Capitalized Lease Obligations		Total
2014	$	11,586	$	-	$	1,203	$	12,789
2015		71		-		913		984
2016		19		-		536		555
2017		-		95,000		-		95,000
2018		-		-		-		-