EARNINGS PER SHARE

3 Months Ended

Apr. 30, 2026

EARNINGS PER SHARE

EARNINGS PER SHARE

NOTE 12 – EARNINGS PER SHARE

Potentially dilutive securities include stock options and restricted stock units. Diluted earnings per share include only securities that are actually dilutive. Basic and diluted earnings per share are computed as follows (in thousands, except per share data):

	Three Months Ended April 30,
	2026		2025
Net income	$	46,063	$	22,550
Weighted average shares outstanding – basic		13,959		13,628
Effect of stock awards		238		484
Weighted average shares outstanding – diluted		14,197		14,112
Earnings per share
Basic	$	3.30	$	1.65
Diluted	$	3.24	$	1.60
Anti-dilutive securities not included		1		4