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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Oct. 31, 2020
Net sales $ 35,199 $ 20,294 $ 99,426 $ 63,399
Cost of sales 27,570 17,356 76,549 54,630
Gross profit 7,629 2,938 22,877 8,769
Operating expenses        
General and administrative expenses 4,635 4,528 14,643 13,320
Selling expenses 1,303 1,174 3,397 4,153
Total operating expenses 5,938 5,702 18,040 17,473
Income/(loss) from operations 1,691 (2,764) 4,837 (8,704)
Interest expense, net 270 107 717 411
Other income, net 98 (2) 997 3,672
Income/(loss) from operations before income taxes 1,519 (2,873) 5,117 (5,443)
Income tax expense/(benefit) 1,024 (23) 2,049 (339)
Net income/(loss) $ 495 $ (2,850) $ 3,068 $ (5,104)
Weighted average common shares outstanding        
Basic (in shares) 8,126 8,165 8,148 8,113
Diluted (in shares) 8,393 8,165 8,408 8,113
Earnings/(loss) per share        
Basic (in dollars per share) $ 0.06 $ (0.35) $ 0.38 $ (0.63)
Diluted (in dollars per share) $ 0.06 $ (0.35) $ 0.36 $ (0.63)