Net Income (Loss) Per Share

9 Months Ended

Oct. 31, 2022

Net income per common share:

Net Income (Loss) 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 October 31,				Nine Months Ended October 31,
	2022		2021		2022		2021
Numerator:
Net income	$	1,431	$	2,896	$	1,690	$	10,866
Denominator:
Denominator for basic net income per share (weighted-average shares which exclude shares in the treasury, 1,330,694 and 780,266 at October 31, 2022 and  2021, respectively		7,514,725		7,849,591		7,600,272		7,942,162
Effect of dilutive securities from restricted stock plan		189,970		149,374		187,390		147,613
Denominator for diluted net income (loss) per share (adjusted weighted average shares)		7,704,695		7,998,965		7,787,662		8,089,775
Basic net income (loss) per share	$	0.19	$	0.37	$	0.22	$	1.37
Diluted net income (loss) per share	$	0.19	$	0.36	$	0.22	$	1.34