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Quarterly Results (Unaudited)
12 Months Ended
Jan. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results (Unaudited)
Quarterly Results (Unaudited)
The Company’s quarterly results for the years ended January 31, 2013 and 2012 as adjusted, are summarized as follows (in thousands, except per share data):
 
Q1
 
Q2
 
Q3
 
Q4
Year ended January 31, 2013
 
 
 
 
 
 
 
Net sales
$
23,668

 
$
60,392

 
$
56,642

 
$
18,154

Gross profit
6,967

 
22,867

 
19,318

 
2,400

Net (loss) income
(4,833
)
 
7,053

 
2,908

 
(8,958
)
Per common share
 
 
 
 
 
 
 
Net (loss) income (a)
 
 
 
 
 
 
 
Basic
$
(0.34
)
 
$
0.49

 
$
0.20

 
$
(0.62
)
Assuming dilution
(0.34
)
 
0.49

 
0.20

 
(0.62
)
Year ended January 31, 2012
 
 
 
 
 
 
 
Net sales
$
24,256

 
$
62,817

 
$
53,074

 
$
26,294

Gross profit
6,778

 
19,882

 
16,041

 
5,457

Net (loss) income
(5,400
)
 
2,732

 
(3,299
)
 
(7,836
)
Per common share
 
 
 
 
 
 
 
Net (loss) income (a)
 
 
 
 
 
 
 
Basic
$
(0.38
)
 
$
0.19

 
$
(0.23
)
 
$
(0.55
)
Assuming dilution
(0.38
)
 
0.19

 
(0.23
)
 
(0.55
)
 ______________________________
(a)
Net loss per share was calculated based on basic shares outstanding due to the anti-dilutive effect on the inclusion of common stock equivalent shares.