CASH DIVIDENDS

12 Months Ended

Jan. 31, 2016

CASH DIVIDENDS

CASH DIVIDENDS

NOTE 15 — CASH DIVIDENDS

In September 2015, the Company’s board of directors declared a regular cash dividend of $0.70 per share of common stock, which was paid on November 5, 2015 to stockholders of record at the close of business on October 15, 2015. During the years ended January 31, 2015 and 2014, the Company declared and paid special cash dividends of $0.70 and $0.75 per share of common stock, respectively.