INCOME TAXES (Tables)

6 Months Ended

Jul. 31, 2015

INCOME TAXES

Company's Income Tax Expense

	Six Months Ended July,
	2015			2014
Computed expected income tax expense	$	13,820,000		$	8,336,000
State income taxes, net of federal tax benefit	2,120,000			1,027,000
Permanent differences, net	(2,955,000		)	(2,265,000		)
Other, net	(185,000		)	(101,000		)
	$	12,800,000		$	6,997,000

Schedule of Tax Effects of Temporary Differences that Gave Rise to Deferred Tax Assets and Liabilities

	July 31,			January 31,
	2015			2015
Assets:
Stock options	$	1,985,000		$	1,649,000
Purchased intangibles	1,066,000			1,132,000
Accrued liabilities	330,000			428,000
Other	84,000			107,000
	3,465,000			3,316,000
Liabilities:
Purchased intangibles	$	(3,175,000	)	$	(2,931,000	)
Construction contracts	(1,055,000		)	(830,000		)
Property and equipment	(595,000		)	(533,000		)
Other	(117,000		)	(32,000		)
	(4,942,000		)	(4,326,000		)
Net deferred income tax liabilities	$	(1,477,000	)	$	(1,010,000	)