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Net Income Per Share (Tables)
3 Months Ended
Apr. 30, 2023
Net income per common share:  
Schedule of earnings per share, basic and diluted

 

 

Three Months Ended April 30,

 

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

Net income

 

$1,320

 

 

$1,129

 

Denominator:

 

 

 

 

 

 

 

 

Denominator for basic net income per share (weighted-average shares which exclude shares in the treasury, 1,353,508 and 964,722 at April 30, 2023 and 2022, respectively

 

 

7,325,005

 

 

 

7,615,967

 

Effect of dilutive securities from restricted stock plan

 

 

177,858

 

 

 

182,231

 

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

 

 

7,502,863

 

 

 

7,798,198

 

Basic net income per share

 

$0.18

 

 

$0.15

 

Diluted net income per share 

 

$0.18

 

 

$0.14