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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Oct. 31, 2017
Oct. 31, 2016
Net sales $ 27,498 $ 25,302 $ 77,851 $ 71,230
Cost of sales 24,178 21,605 69,688 62,561
Gross profit 3,320 3,697 8,163 8,669
Operating expenses        
General and administrative expenses 4,314 3,490 12,456 12,398
Selling expenses 1,297 1,382 3,920 4,236
Total operating expenses 5,611 4,872 16,376 16,634
Loss from operations (2,291) (1,175) (8,213) (7,965)
Loss on consolidation of joint venture 0 0 0 (1,620)
Interest expense, net 193 112 507 435
Loss from continuing operations before income taxes (2,484) (1,287) (8,720) (10,020)
Income tax expense (benefit) 808 2,411 (241) 1,077
Loss from continuing operations (3,292) (3,698) (8,479) (11,097)
(Loss) income from discontinued operations, net of tax 0 (203) 0 906
Net loss $ (3,292) $ (3,901) $ (8,479) $ (10,191)
Weighted average common shares outstanding        
Basic and diluted 7,714 7,541 7,668 7,457
Loss per share from continuing operations        
Basic and diluted $ (0.43) $ (0.49) $ (1.11) $ (1.49)
(Loss) earnings per share from discontinued operations        
Basic and diluted 0.00 (0.03) 0.00 0.12
Loss per share        
Basic and diluted $ (0.43) $ (0.52) $ (1.11) $ (1.37)