Net Income Per Share

3 Months Ended

Apr. 30, 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 (in $000s except per share amounts):

	Three Months Ended April 30,
	2022		2021
Numerator - Net income	$	1,129	$	5,002
Denominator for basic net income per share (weighted-average shares which exclude shares in the treasury, 964,722 and 509,242 at April 30, 2022 and 2021, respectively		7,615,967		7,989,215
Effect of dilutive securities from equity plan		182,231		154,590
Denominator for diluted net income per share (adjusted weighted average shares)		7,798,198		8,143,805
Basic net income per share	$	0.15	$	0.63
Diluted net income per share	$	0.14	$	0.61