Years Ended January 31,

(000’s except share information)

2021

2020

Numerator – Net Income

$

35,106

$

3,281

Denominator for basic net income per share (weighted-average shares which reflect 509,242 shares in the treasury at January 31, 2021 and 2020)

7,977,683

8,005,927

Effect of dilutive securities from restricted stock plan and from dilutive effect of stock options

163,506

31,092

Denominator for diluted net income per share (adjusted weighted average shares)

8,141,189

8,037,019

Basic net income per share

$

4.40

$

0.41

Diluted net income per share

$

4.31

$

0.41