Net Income (Loss) Per Share

6 Months Ended

Jul. 31, 2023

Net income (loss) per common share:

Net Income (Loss) Per Share

11. Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net income (loss) per share as follows (in $000s except per share amounts):

	Three Months Ended July 31,					Six Months Ended July 31,
	2023		2022			2023		2022
Numerator:
Net income (loss)	$	2,465	$	(870	)	$	3,785	$	259
Denominator:
Denominator for basic net income (loss) per share (weighted-average shares which exclude shares in the treasury, 1,358,208 and 1,135,855 at July 31, 2023 and  2022, respectively		7,409,305		7,670,636			7,340,914		7,656,470
Effect of dilutive securities from restricted stock plan		182,481		—			182,481		184,811
Denominator for diluted net income (loss) per share (adjusted weighted average shares)		7,591,786		7,670,636			7,523,395		7,841,281
Basic net income (loss) per share	$	0.33	$	(0.11	)	$	0.52	$	0.03
Diluted net income (loss) per share	$	0.32	$	(0.11	)	$	0.50	$	0.03