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Stock Option Plans (Tables)
12 Months Ended
Jan. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Fair Value Option Award

The assumptions for the periods indicated are noted in the following table.

Weighted average Black-Scholes-Merton fair value assumptions

 

     Years Ended January 31,
               2014              2013   2012

Risk free interest rate

   0.83%   0.58 - 0.78%   1.52 - 2.00%

Expected life

   5.62 yrs   3.28 - 6.60 yrs   2.85 - 4.89 yrs

Expected volatility

   60%   59 - 60%   54 - 55%

Expected dividend yield

   0.0%   0.0%   0.0%
Summary of Company's Stock Option Activity

The following table presents a summary of the Company’s stock option activity for the fiscal year ended January 31, 2014:

 

     Number of
Shares (in
thousands)
    Weighted
Average
Exercise
Price
     Weighted
Average
Remaining
Contractual
Term

(in years)
     Aggregate
Intrinsic
Value

(in 
thousands)
 

Outstanding, January 31, 2013

     1,427      $ 11.37         

Granted

     100        14.63         

Exercised

     (91     5.61         

Forfeited

     —          —           

Expired

     —          —           
  

 

 

         

Outstanding, January 31, 2014

     1,436      $ 12.04         4.74       $ 5,630   
  

 

 

         

Exercisable at January 31, 2014

     1,304      $ 11.65         4.27       $ 5,583   

Vested and expected to vest at January 31, 2014

     1,429      $ 12.03         4.72       $ 5,628   
Restricted Stock and Changes During Period

Restricted stock as of January 31, 2014 and changes during the fiscal year ended January 31, 2014 were as follows:

 


     Year Ended January 31, 2014  
     Number of
Shares (in
thousands)
    Weighted Average
Grant Date Fair
Value
 

Unvested, beginning of period

     36        17.59   

Granted

     53        15.10   

Vested

     (23     16.76   

Canceled

     —          —     
  

 

 

   

Unvested, end of period

     66        15.89