Net Income (Loss) per Share

6 Months Ended

Jul. 31, 2011

Earnings Per Share [Abstract]

Net Income (Loss) per Share

Note 7. Net Income (Loss) per Share

	Three Months Ended				Six Months Ended
	7/31/2011		7/31/2010		7/31/2011			7/31/2010
	(In thousands, except per share data)
Net income (loss)	$	2,732	$	4,037	$	(2,668	)	$	(1,044	)
Average shares outstanding		14,274		14,168		14,240			14,162
Net effect of dilutive stock options
based on the treasury stock method using average market price		18		6		—			—
Totals		14,292		14,174		14,240			14,162
Net income (loss) per share — basic	$	0.19	$	0.28	$	(0.19	)	$	(0.07	)
Net income (loss) per share — diluted	$	0.19	$	0.28	$	(0.19	)	$	(0.07	)

Certain exercisable and non-exercisable stock options were not included in the computation of diluted net loss per share at July 31, 2011 and 2010, because their inclusion would have been anti-dilutive. The number of stock options outstanding, which met this anti-dilutive criterion for the six months ended July 31, 2011 and 2010, was 22,000 and 10,000, respectively.