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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Jul. 31, 2022
Jul. 31, 2021
Net sales $ 37,003 $ 39,804 $ 68,225 $ 64,227
Cost of sales 27,117 29,061 51,290 48,979
Gross profit 9,886 10,743 16,935 15,248
Operating expenses        
General and administrative expenses 5,246 5,602 10,897 10,008
Selling expenses 1,315 1,053 2,554 2,094
Total operating expenses 6,561 6,655 13,451 12,102
Income from operations 3,325 4,088 3,484 3,146
Interest expense, net 500 268 867 446
Other (expense)/income (64) 457 (14) 899
Income from operations before income taxes 2,761 4,277 2,603 3,599
Income tax expense 893 861 1,620 1,026
Net income $ 1,868 $ 3,416 $ 983 $ 2,573
Weighted average common shares outstanding        
Basic (in shares) 7,975 8,151 7,947 8,158
Diluted (in shares) 8,186 8,321 8,062 8,290
Earnings per share        
Basic (in dollars per share) $ 0.23 $ 0.42 $ 0.12 $ 0.32
Diluted (in dollars per share) $ 0.23 $ 0.41 $ 0.12 $ 0.31