EARNINGS PER SHARE

3 Months Ended

Apr. 30, 2025

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 includes 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,
	2025		2024
Net income	$	22,550	$	7,882
Weighted average shares outstanding – basic		13,628		13,257
Effect of stock awards		484		315
Weighted average shares outstanding – diluted		14,112		13,572
Earnings per share
Basic	$	1.65	$	0.59
Diluted	$	1.60	$	0.58
Anti-dilutive securities not included		4		344