Three Months Ended October 31,

Nine Months Ended October 31,

(In thousands, except per share data)

2022

2021

2022

2021

Basic weighted average common shares outstanding

8,004

8,126

8,096

8,148

Dilutive effect of equity compensation plans

142

267

142

260

Weighted average common shares outstanding assuming full dilution

8,146

8,393

8,238

8,408

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

105

60

105

66

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

142

267

142

260

Net income

$

1,728

$

495

$

2,711

$

3,068

Income per share

Basic

$

0.22

$

0.06

$

0.33

$

0.38

Diluted

$

0.21

$

0.06

$

0.33

$

0.36