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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2016
Jan. 31, 2015
[1]
Net sales from continuing operations $ 99,646 $ 93,419
Cost of goods sold from continuing operations 63,313 61,721
Gross profit from continuing operations 36,333 31,698
Operating expenses from continuing operations 24,521 24,737
Operating profit from continuing operations 11,812 6,961
Other income (loss), net from continuing operations (120) (2,375)
Interest expense from continuing operations (785) (1,688)
Income before taxes from continuing operations 10,907 2,898
Income tax expense (benefit) from continuing operations 3,117 (8,188)
Net income from continuing operations 7,790 11,086
Non-cash reclassification of Other Comprehensive Income to Statement of Operations (no impact on stockholder’s equity) (1,286) 0
Loss from operations from discontinued operations (3,538) (2,836)
Loss from disposal of discontinued operations (515) 0
Loss before taxes for discontinued operations (5,339) (2,836)
Income tax benefit from discontinued operations (1,403) (149)
Net loss from discontinued operations (3,936) (2,687)
Net income $ 3,854 $ 8,399
Net income per common share - Basic:    
Income from continuing operations $ 1.09 $ 1.78
Loss from discontinued operations (0.55) (0.43)
Net income 0.54 1.35
Net income per common share - Diluted:    
Income from continuing operations 1.07 1.75
Loss from discontinued operations (0.54) (0.42)
Net income $ 0.53 $ 1.33
Weighted average common shares outstanding:    
Basic 7,171,965 6,214,303
Diluted 7,254,340 6,325,525
[1] Restated for discontinued operations