Debt (Tables)

3 Months Ended

Apr. 30, 2013

Debt [Abstract]

Summary of debt and its components

The following table summarized the Company’s long-term debt (in thousands, except percentages):

	April 30, 2013		January 31, 2013
2016 Tranche B term loans: due March 10, 2016, three-month LIBOR plus 4.00% with a 1.00% LIBOR floor	$	117,399	$	117,399
2016 Extended term loans: due March 10, 2016, three-month LIBOR plus 4.00%		191,101		191,101
Senior Subordinated Notes: due March 15, 2016, 10.375%		101,542		101,542
Total	$	410,042	$	410,042

Estimated fair values of long-term debt obligations

The estimated fair values of the Company’s long-term debt are as follows (in thousands):

	Carrying Amount		Fair Value
As of April 30, 2013:
2016 Tranche B Term Loans	$	117,399	$	118,432
2016 Extended Term Loans		191,101		192,305
Senior Subordinated Notes		101,542		102,943
As of January 31, 2013:
2013 Tranche B Term Loans	$	117,399	$	118,432
2016 Extended Term Loans		191,101		191,827
Senior Subordinated Notes		101,542		103,959