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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2017
Jul. 31, 2016
Jul. 31, 2017
Jul. 31, 2016
Net sales $ 26,852 $ 22,859 $ 50,353 $ 45,928
Cost of sales 23,794 19,879 45,510 40,956
Gross profit 3,058 2,980 4,843 4,972
Operating expenses        
General and administrative expenses 3,856 3,720 8,142 8,908
Selling expenses 1,307 1,450 2,623 2,854
Total operating expenses 5,163 5,170 10,765 11,762
Loss from operations (2,105) (2,190) (5,922) (6,790)
Loss on consolidation of joint venture 0 0 0 (1,620)
Interest expense, net 157 97 314 323
Loss from continuing operations before income taxes (2,262) (2,287) (6,236) (8,733)
Income tax benefit (564) (1,077) (1,049) (1,334)
Loss from continuing operations (1,698) (1,210) (5,187) (7,399)
Income from discontinued operations, net of tax 0 1,309 0 1,109
Net (loss) income $ (1,698) $ 99 $ (5,187) $ (6,290)
Weighted average common shares outstanding        
Basic 7,679 7,481 7,645 7,416
Diluted 7,679 7,603 7,645 7,416
Loss per share from continuing operations        
Basic and diluted $ (0.22) $ (0.16) $ (0.68) $ (1.00)
Earnings per share from discontinued operations        
Basic and diluted 0.00 0.17 0.00 0.15
(Loss) earnings per share        
Basic and diluted $ (0.22) $ 0.01 $ (0.68) $ (0.85)