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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Oct. 31, 2020
Oct. 31, 2019
Oct. 31, 2020
Oct. 31, 2019
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
Net sales $ 41,451 $ 27,464 $ 122,054 $ 79,620
Cost of goods sold 19,763 18,166 60,882 52,349
Gross profit 21,688 9,298 61,172 27,271
Operating expenses 9,195 7,464 26,575 23,114
Operating profit 12,493 1,834 34,597 4,157
Other income (expense), net 12 (9) 49 (33)
Interest expense (4) (26) (23) (98)
Income before taxes 12,501 1,799 34,623 4,026
Income tax expense 3,237 653 7,386 1,950
Net income $ 9,264 $ 1,146 $ 27,237 $ 2,076
Net income per common share:        
Basic $ 1.16 $ 0.14 $ 3.41 $ 0.26
Diluted $ 1.14 $ 0.14 $ 3.36 $ 0.26
Weighted average common shares outstanding:        
Basic 7,979,902 8,004,640 7,976,228 8,013,383
Diluted 8,123,848 8,035,929 8,110,435 8,044,159