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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2020
Jul. 31, 2019
Jul. 31, 2020
Jul. 31, 2019
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 35,021 $ 27,472 $ 80,603 $ 52,156
Cost of goods sold 17,681 17,053 41,119 34,183
Gross profit 17,340 10,419 39,484 17,973
Operating expenses 7,606 7,781 17,380 15,650
Operating profit 9,734 2,638 22,104 2,323
Other income (expense), net 31 3 37 (24)
Interest expense (2) (38) (19) (72)
Income before taxes 9,763 2,603 22,122 2,227
Income tax expense 424 1,208 4,149 1,297
Net income $ 9,339 $ 1,395 $ 17,973 $ 930
Net income per common share:        
Basic $ 1.17 $ 0.17 $ 2.25 $ 0.12
Diluted $ 1.16 $ 0.17 $ 2.23 $ 0.11
Weighted average common shares outstanding:        
Basic 7,976,275 8,012,475 7,974,370 8,013,150
Diluted 8,079,744 8,102,342 8,062,318 8,096,227