Net Income (Loss) Per Share

9 Months Ended

Oct. 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 October 31,				Nine Months Ended October 31,
	2023		2022		2023		2022
Numerator:
Net income (loss)	$	2,618	$	1,431	$	6,402	$	1,690
Denominator:
Denominator for basic net income (loss) per share (weighted-average shares which exclude shares in the treasury, 1,358,208 and 1,330,694 at October 31, 2023 and  2022, respectively		7,428,557		7,514,725		7,344,559		7,600,272
Effect of dilutive securities from restricted stock plan		185,847		189,970		184,164		187,390
Denominator for diluted net income (loss) per share (adjusted weighted average shares)		7,614,404		7,704,695		7,528,723		7,787,662
Basic net income (loss) per share	$	0.35	$	0.19	$	0.87	$	0.22
Diluted net income (loss) per share	$	0.34	$	0.19	$	0.85	$	0.22

For the current and prior year periods presented, there were no securities excluded from the calculation of diluted earnigs per share because they were anti-dilutive.