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Note 10 - Stock-based Compensation - Weighted Average Assumptions to Value SARs (Details) - Stock Appreciation Rights (SARs) [Member]
9 Months Ended
Oct. 31, 2016
Oct. 31, 2015
Expected life in years [1] 5 years 91 days 5 years
Risk free interest rate [2] 1.16% 1.64%
Volatility [3] 36.00% 41.00%
Dividend rate [4] 1.51% 1.10%
[1] The expected life of SARs granted under the stock-based compensation plans is based on historical vested SAR exercise and post-vest forfeiture patterns and includes an estimate of the expected term for SARs that were fully vested and outstanding.
[2] The risk-free interest rate is based on the U.S. Treasury yield for a term consistent with the expected life of SARs in effect at the time of grant.
[3] The Company estimates the volatility of its common stock at the date of grant based on the historical volatility of the Company's common stock for a period equivalent to the expected life of the SARs, which it believes is representative of the expected volatility over the expected life of the SARs.
[4] The Company expects to continue paying quarterly dividends at the same rate as the nine months ending on October 31, 2016.