NET INCOME PER SHARE

12 Months Ended

Jan. 31, 2020

Earnings Per Share [Abstract]

EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted net income per share for the years ended January 31, 2020 and 2019 as follows:

	Year Ended January 31, 2020		Year Ended January 31, 2019
Numerator
Net income	$	3,281	$	1,459
Denominator
Denominator for basic net income per share (weighted-average shares which reflect 509,242 shares in the treasury at January 31, 2020 and 462,089 shares in the treasury at January 31, 2019)		8,005,927		8,111,458
Effect of dilutive securities from restricted stock plan and from dilutive effect of stock options		31,092		58,943
Denominator for diluted net income per share (adjusted weighted average shares)		8,037,019		8,170,401
Basic net income per share	$	0.41	$	0.18
Diluted net income per share	$	0.41	$	0.18