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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jul. 31, 2014
Jul. 31, 2013
Jul. 31, 2014
Jul. 31, 2013
Net sales $ 53,370 $ 60,802 $ 112,894 $ 115,493
Cost of sales 42,825 47,371 86,360 89,343
Gross profit 10,545 13,431 26,534 26,150
Operating expenses        
General and administrative expenses 6,713 6,359 14,130 13,214
Selling expenses 2,037 2,302 4,900 5,633
Total operating expenses 8,750 8,661 19,030 18,847
Income from operations 1,795 4,770 7,504 7,303
Income (loss) from joint venture 219 (172) 211 (467)
Interest expense, net 263 385 500 806
Income from continuing operations before income taxes 1,751 4,213 7,215 6,030
Income tax expense (benefit) 276 (268) 1,542 (163)
Income from continuing operations 1,475 4,481 5,673 6,193
(Loss) income from discontinued operations, net of tax (111) (85) (482) 9,284
Net income $ 1,364 $ 4,396 $ 5,191 $ 15,477
Weighted average common shares outstanding        
Basic 7,248 6,985 7,212 6,958
Diluted 7,386 7,054 7,350 6,985
Earnings per share from continuing operations        
Basic $ 0.20 $ 0.64 $ 0.79 $ 0.89
Diluted $ 0.20 $ 0.63 $ 0.77 $ 0.89
(Loss) earnings per share from discontinued operations        
Basic and diluted $ (0.02) $ (0.01) $ (0.07) $ 1.33
Earnings per share        
Basic $ 0.19 $ 0.63 $ 0.72 $ 2.22
Diluted $ 0.18 $ 0.62 $ 0.71 $ 2.22