XML 26 R14.htm IDEA: XBRL DOCUMENT v3.7.0.1
Net Loss per Share
 3 Months Ended
Apr. 30, 2017
Earnings Per Share [Abstract]  
Net Income (Loss) per Share
Net Loss per Share
 
 
Three Months Ended
 
 
4/30/2017
 
4/30/2016
 
 
(In thousands, except per share data)
Net loss
 
$
(2,211
)
 
$
(3,138
)
Weighted average shares outstanding (a)
 
15,128

 
14,971

Net effect of dilutive shares - based on the treasury stock method using average market price
 
—

 
—

Totals
 
15,128

 
14,971

 
 
 
 
 
Net loss per share - basic
 
$
(0.15
)
 
$
(0.21
)
Net loss per share - diluted
 
$
(0.15
)
 
$
(0.21
)


(a) All exercisable and non-exercisable stock options were not included in the computation of diluted net loss per share at April 30, 2017 and 2016, because their inclusion would have been anti-dilutive. The number of stock options outstanding, which met this anti-dilutive criterion for the three months ended April 30, 2017 and 2016, was 252,000 and 270,000, respectively. The Company implemented ASU No. 2016-09 in the first quarter of fiscal 2018, which had an immaterial impact on the number of potentially dilutive shares from stock-based compensation plans. See "Note 3. Recently Adopted Accounting Standards" for more information regarding the implementation of ASU No. 2016-09.