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Earnings Per Share (Tables)
 6 Months Ended
Jul. 31, 2017
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 at July 31, 2017 and 2016, as follows:
 
 
 
Three Months Ended
July 31,
 
Six Months Ended
July 31,
 
 
 
(in 000’s except for share information)
 
 
 
2017
 
2016
 
2017
 
2016
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
1,842
 
$
1,431
 
$
3,552
 
$
1,434
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic earnings per share
(weighted-average shares which reflect 356,441 shares in the treasury)
 
 
7,266,291
 
 
7,254,999
 
 
7,265,053
 
 
7,254,585
 
Effect of dilutive securities from restricted stock plan, from dilutive effect of stock options and warrants
 
 
13,759
 
 
56,167
 
 
51,823
 
 
61,282
 
Denominator for diluted earnings per share (adjusted weighted average shares)
 
 
7,280,050
 
 
7,311,166
 
 
7,316,876
 
 
7,315,867
 
Basic earnings per share
 
$
0.25
 
$
0.20
 
$
0.49
 
$
0.20
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share
 
$
0.25
 
$
0.20
 
$
0.49
 
$
0.20