NET INCOME PER SHARE

12 Months Ended

Jan. 31, 2022

Net income per common share:

NET INCOME PER SHARE

9. NET INCOME PER SHARE

The following table sets forth the computation of basic and diluted net income per share as follows:

	Years Ended January 31, (000’s except share information)
	2022		2021
Numerator – Net Income	$	11,372	$	35,330
Denominator for basic net income per share (weighted-average shares which reflect 939,705 and 509,242 treasury shares at January 31, 2022 and 2021, respectively)		7,900,131		7,977,683
Effect of dilutive securities from restricted stock plan and from dilutive effect of stock options		153,745		163,506
Denominator for diluted net income per share (adjusted weighted average shares)		8,053,876		8,141,189
Basic net income per share	$	1.44	$	4.43
Diluted net income per share	$	1.41	$	4.34