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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Net sales $ 22,961 $ 20,369
Cost of goods sold 14,403 13,593
Gross profit 8,558 6,776
Operating expenses 6,085 6,607
Operating profit 2,473 169
Other income, net 2 8
Interest expense 76 198
Income (loss) before taxes 2,399 (21)
Income tax expense (benefit) 688 (24)
Net income $ 1,711 $ 3
Net income per common share:    
Basic $ 0.24 $ 0.00
Diluted $ 0.23 $ 0.00
Weighted average common shares outstanding:    
Basic 7,263,774 7,254,162
Diluted 7,353,660 7,324,583