XML 29 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2015
Jul. 31, 2014
[1]
Jul. 31, 2015
Jul. 31, 2014
[1]
Net sales from continuing operations $ 29,465 $ 22,812 $ 54,284 $ 44,570
Cost of goods sold from continuing operations 17,670 15,375 33,211 30,628
Gross profit from continuing operations 11,795 7,437 21,073 13,942
Operating expenses from continuing operations 6,095 5,639 12,154 11,286
Operating profit from continuing operations 5,700 1,798 8,919 2,656
Other income (loss), net from continuing operations 0 (42) 16 (37)
Interest expense from continuing operations 210 517 393 1,003
Income before taxes from continuing operations 5,490 1,239 8,542 1,616
Income tax expense from continuing operations 1,902 677 2,794 700
Net income from continuing operations 3,588 562 5,748 916
Non-cash reclassification of Other Comprehensive Income to Statement of Operations (no impact on stockholder’s equity) (1,286) 0 (1,286) 0
Loss from operations from discontinued operations (322) (948) (1,253) (1,302)
Loss from disposal of discontinued operations (515) 0 (515) 0
Loss before taxes for discontinued operations (2,123) (948) [2] (3,054) (1,302) [2]
Income tax benefit from discontinued operations [2] (569) 0 (569) 0
Net loss from discontinued operations (1,554) (948) (2,485) (1,302)
Net income (loss) $ 2,034 $ (386) $ 3,263 $ (386)
Net income (loss) per common share - Basic:        
Income from continuing operations (in dollars per share) $ 0.50 $ 0.09 $ 0.81 $ 0.15
Loss from discontinued operations (in dollars per share) (0.22) (0.16) (0.35) (0.22)
Net income (loss) 0.28 (0.07) 0.46 (0.07)
Net income (loss) per common share - Diluted:        
Income from continuing operations (in dollars per share) 0.50 0.09 0.79 0.15
Loss from discontinued operations (in dollars per share) (0.22) (0.16) (0.34) (0.22)
Net income (loss) $ 0.28 $ (0.07) $ 0.45 $ (0.07)
Weighted average common shares outstanding:        
Basic (in shares) 7,145,418 5,924,524 7,104,471 5,923,885
Diluted (in shares) 7,167,123 5,924,524 7,191,469 5,923,885
[1] Restated for discontinued operations.
[2] Restated for discontinued operations