XML 14 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Jul. 31, 2021
Jul. 31, 2020
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)        
Net sales $ 27,466 $ 35,021 $ 61,558 $ 80,603
Cost of goods sold 14,748 17,681 34,454 41,119
Gross profit 12,718 17,340 27,104 39,484
Operating expenses 8,791 7,606 16,939 17,380
Operating profit 3,927 9,734 10,165 22,104
Other income (expense), net (1) 31 (13) 37
Interest expense (4) (2) (5) (19)
Income before taxes 3,922 9,763 10,147 22,122
Income tax expense 1,364 424 2,948 4,149
Net income $ 2,558 $ 9,339 $ 7,199 $ 17,973
Net income per common share:        
Basic $ 0.32 $ 1.17 $ 0.90 $ 2.25
Diluted $ 0.31 $ 1.16 $ 0.89 $ 2.23
Weighted average common shares outstanding:        
Basic weighted 7,982,995 7,976,275 7,964,058 7,974,370
Diluted weighted 8,141,107 8,079,744 8,120,409 8,062,318