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Quarterly Results (Unaudited)
12 Months Ended
Jan. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results (Unaudited)
Quarterly Results (Unaudited)
The Company’s quarterly results for the years ended January 31, 2014 and 2013, as adjusted, are summarized as follows (in thousands, except per share data):
 
Q1
 
Q2
 
Q3
 
Q4
Year ended January 31, 2014
 
 
 
 
 
 
 
Net sales
$
19,890

 
$
56,933

 
$
59,454

 
$
19,643

Gross profit
6,409

 
21,586

 
21,161

 
4,276

Net (loss) income
(4,447
)
 
6,210

 
3,408

 
(6,901
)
Per common share
 
 
 
 
 
 
 
Net (loss) income (a)
 
 
 
 
 
 
 
Basic
$
(0.31
)
 
$
0.43

 
$
0.23

 
$
(0.47
)
Assuming dilution
(0.31
)
 
0.42

 
0.23

 
(0.47
)
Year ended January 31, 2013
 
 
 
 
 
 
 
Net sales
$
23,668

 
$
60,392

 
$
56,642

 
$
18,154

Gross profit
6,967

 
22,867

 
19,318

 
2,400

Net (loss) income
(4,833
)
 
7,053

 
2,908

 
(8,958
)
Per common share
 
 
 
 
 
 
 
Net (loss) income (a)
 
 
 
 
 
 
 
Basic
$
(0.34
)
 
$
0.49

 
$
0.20

 
$
(0.62
)
Assuming dilution
(0.34
)
 
0.49

 
0.20

 
(0.62
)
 ______________________________
(a)
Net loss per share was calculated based on basic shares outstanding due to the anti-dilutive effect on the inclusion of common stock equivalent shares.