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Earnings Per Share (Tables)
9 Months Ended
Oct. 31, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted earnings (loss) per share at October 31, 2013 and 2012.
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
October 31,
 
October 31,
 
 
 
2013
 
2012
 
2013
 
2012
 
Numerator
 
 
 
 
 
 
 
 
 
 
 
 
 
Net profit (loss) from continuing operations
 
$
(1,835,480)
 
$
282,646
 
$
1,491,439
 
$
(8,194,991)
 
Denominator
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic earnings (loss) per share
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted-average shares outstanding before common share equivalents
 
 
5,353,238
 
 
5,330,286
 
 
5,345,610
 
 
5,276,288
 
Weighted average common equivalent shares resulting from the warrant issued June 28, 2013 to the subordinated debt lender LKL Investments LLC
 
 
566,015
 
 
 
 
262,044
 
 
 
Total weighted average, including common equivalent shares
 
 
5,919,253
 
 
5,330,286
 
 
5,607,654
 
 
5,276,288
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Effect of dilutive securities from restricted stock plan and from dilutive effect of stock options
 
 
 
 
36,957
 
 
107,497
 
 
 
Denominator for diluted earnings (loss) per share (adjusted weighted average shares)
 
 
5,919,253
 
 
5,367,243
 
 
5,715,151
 
 
5,276,288
 
Basic earnings ( loss) per share from continuing operations
 
$
(0.31)
 
$
0.05
 
$
0.27
 
$
(1.55)
 
Diluted earnings (loss) per share from continuing operations
 
$
(0.31)
 
$
0.05
 
$
0.26
 
$
(1.55)