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Fair value of financial instruments
12 Months Ended
Jan. 31, 2013
Fair Value of Financial Instruments [Abstract]  
Fair value of financial instruments[Text Block]
Note 12 - Fair value of financial instruments

At January 31, 2013, interest rate swap agreements were in effect with a notional value of $9 million that matures November 30, 2013 and a value of $1.3 million that matures December 2021. The swap agreements, which reduces the exposure to market risks from changing interest rates, exchanges the variable rate to fixed interest rate payments of 2.23% plus LIBOR margin and 2.47%, respectively. The exchange-traded swaps are valued on a recurring basis using quoted market prices and classified within Level 2 of the fair value hierarchy because the exchange is not deemed to be an active market. The derivative mark to market of $219 thousand was classified as a long-term liability on the balance sheet.