Three Months Ended July 31,

Six Months Ended July 31,

(In thousands, except per share data)

2022

2021

2022

2021

Basic weighted average common shares outstanding

7,975

8,151

7,947

8,158

Dilutive effect of equity compensation plans

211

170

115

132

Weighted average common shares outstanding assuming full dilution

8,186

8,321

8,062

8,290

Stock options and restricted stock not included in the computation of diluted earnings per share of common stock because the option exercise prices or grant date prices exceeded the average market prices of the common shares

19

166

115

203

Stock options and restricted stock with exercise prices or grant date prices below the average market prices

211

170

115

132

Net income

$

1,868

$

3,416

$

983

$

2,573

Income per share

Basic

0.23

0.42

0.12

0.32

Diluted

0.23

0.41

0.12

0.31