XML 13 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2017
Jul. 31, 2016
Jul. 31, 2017
Jul. 31, 2016
Net sales $ 23,909 $ 22,269 $ 46,870 $ 42,638
Cost of goods sold 15,219 13,679 29,623 27,272
Gross profit 8,690 8,590 17,247 15,366
Operating expenses 6,508 5,959 12,593 12,566
Operating profit 2,182 2,631 4,654 2,800
Other income (loss), net 4 (35) 6 (27)
Interest expense (36) (175) (112) (373)
Income before taxes 2,150 2,421 4,548 2,400
Income tax expense 308 990 996 966
Net income $ 1,842 $ 1,431 $ 3,552 $ 1,434
Net income per common share:        
Basic $ 0.25 $ 0.2 $ 0.49 $ 0.2
Diluted $ 0.25 $ 0.2 $ 0.49 $ 0.2
Weighted average common shares outstanding:        
Basic 7,266,291 7,254,999 7,265,053 7,254,585
Diluted 7,280,050 7,311,166 7,316,876 7,315,867