Earnings Per Share (Tables)

3 Months Ended

Apr. 30, 2015

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 per share for “income from continuing operations” at April 30, 2015 and 2014, as follows:

	Three Months Ended
	April 30, (in $000s)
	2015		2014
Numerator
Net income from continuing operations	$	2,160	$	354
Net loss from discontinued operations		(931)		(354)
Net income (loss)	$	1,229	$	(0.00)
Denominator
Denominator for basic earnings per share (weighted-average shares which reflect 356,441 shares in the treasury as a result of the stock repurchase program that ended in 2011, and 0 and 566,015 weighted average common equivalents relating to the warrant issued with the FY14 subordinated debt financing)		7,062,144		5,923,224
Effect of dilutive securities from restricted stock plan and from dilutive effect of stock options		173,241		——
Denominator for diluted earnings per share (adjusted weighted average shares)		7,235,385		5,923,224
Basic earnings per share from continuing operations	$	0.31	$	0.06
Basic earnings per share from discontinued operations	$	(0.14)	$	(0.06)
Basic earnings per share	$	0.17	$	(0.00)
Diluted earnings per share from continuing operations	$	0.30	$	0.06
Diluted earnings per share from discontinued operations	$	(0.13)	$	(0.06)
Diluted earnings per share	$	0.17	$	(0.00)