XML 9 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jul. 31, 2011
Jul. 31, 2010
Jul. 31, 2011
Jul. 31, 2010
Net sales $ 26,182,215 $ 24,551,397 $ 51,935,071 $ 49,914,115
Cost of goods sold 18,355,124 16,279,703 36,041,697 35,238,541
Gross profit 7,827,091 8,271,694 15,893,374 14,675,574
Operating expenses 7,053,178 7,431,288 13,567,818 13,544,798
Operating profit 773,913 840,406 2,325,556 1,130,776
VAT tax charge - Brazil 0 0 0 1,583,247
Interest and other income, net 19,447 22,229 68,923 35,003
Interest expense 140,251 92,244 258,632 178,273
Income (loss) before income taxes 653,109 770,391 2,135,847 (595,741)
Provision for income taxes 69,311 197,959 388,658 177,759
Net income (loss) $ 583,798 $ 572,432 $ 1,747,189 $ (773,500)
Net income (loss) per common share:        
Basic (in dollars per share) $ 0.11 $ 0.11 $ 0.33 $ (0.14)
Diluted (in dollars per share) $ 0.11 $ 0.10 $ 0.33 $ (0.14)
Weighted average common shares outstanding:        
Basic (in dollars) 5,225,020 5,440,411 5,223,890 5,439,921
Diluted (in dollars) 5,345,728 5,533,196 5,340,978 5,526,626