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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Jul. 31, 2021
Jul. 31, 2020
Net sales $ 39,804 $ 20,364 $ 64,227 $ 43,106
Cost of sales 29,061 18,000 48,979 37,275
Gross profit 10,743 2,364 15,248 5,831
Operating expenses        
General and administrative expenses 5,602 4,488 10,008 8,792
Selling expenses 1,053 1,331 2,094 2,978
Total operating expenses 6,655 5,819 12,102 11,770
Income/(loss) from operations 4,088 (3,455) 3,146 (5,939)
Interest expense, net 268 118 446 304
Other income, net 457 3,739 899 3,674
Income/(loss) from operations before income taxes 4,277 166 3,599 (2,569)
Income tax expense/(benefit) 861 (101) 1,026 (315)
Net income/(loss) $ 3,416 $ 267 $ 2,573 $ (2,254)
Weighted average common shares outstanding        
Basic (in shares) 8,151 8,126 8,158 8,087
Diluted (in shares) 8,321 8,278 8,290 8,087
Earnings/(loss) per share        
Basic (in dollars per share) $ 0.42 $ 0.03 $ 0.32 $ (0.28)
Diluted (in dollars per share) $ 0.41 $ 0.03 $ 0.31 $ (0.28)