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Quarterly Results (Unaudited)
 12 Months Ended
Jan. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results (Unaudited)
Quarterly Results (Unaudited)
The Company’s quarterly results for the years ended January 31, 2016 and 2015, as adjusted, are summarized as follows (in thousands, except per share data):
 
Q1
 
Q2
 
Q3
 
Q4
Year ended January 31, 2016
 
 
 
 
 
 
 
Net sales
$
23,048

 
$
61,072

 
$
64,981

 
$
19,494

Gross profit
8,194

 
23,996

 
23,210

 
4,210

Net (loss) income
(3,178
)
 
7,450

 
6,003

 
(5,726
)
Per common share
 
 
 
 
 
 
 
Net (loss) income*
 
 
 
 
 
 
 
Basic
$
(0.21
)
 
$
0.50

 
$
0.40

 
$
(0.38
)
Assuming dilution
(0.21
)
 
0.49

 
0.39

 
(0.38
)
Year ended January 31, 2015
 
 
 
 
 
 
 
Net sales
$
23,383

 
$
53,042

 
$
62,273

 
$
25,354

Gross profit
8,030

 
20,696

 
20,672

 
6,000

Net (loss) income
(3,855
)
 
5,203

 
4,632

 
(5,131
)
Per common share
 
 
 
 
 
 
 
Net (loss) income*
 
 
 
 
 
 
 
Basic
$
(0.26
)
 
$
0.35

 
$
0.31

 
$
(0.35
)
Assuming dilution
(0.26
)
 
0.35

 
0.31

 
(0.35
)
 ______________________________

* 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.