XML 45 R32.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Quarterly Results (Unaudited) (Tables) | 12 Months Ended
--- | ---
Jan. 31, 2018
Quarterly Financial Information Disclosure [Abstract] |
Schedule of quarterly results | The Company’s quarterly results for the years ended January 31, 2018 and 2017, as adjusted, are summarized as follows (in thousands, except per share data):
| Q1 |  | Q2 |  | Q3 |  | Q4
Year ended January 31, 2018 |  |  |  |  |  |  |
Net sales | $ | 23,235 |  |  | $ | 72,636 |  |  | $ | 68,794 |  |  | $ | 24,622 |
Gross profit | 8,427 |  |  | 26,683 |  |  | 24,467 |  |  | 5,894 |
Net (loss) income*** | (2,211 | ) |  | 5,028 |  |  | 2,524 |  |  | (8,550 | )
Per common share |  |  |  |  |  |  |
Net (loss) income* |  |  |  |  |  |  |
Basic | $ | (0.15 | ) |  | $ | 0.33 |  |  | $ | 0.16 |  |  | $ | (0.56 | )
Assuming dilution | (0.15 | ) |  | 0.33 |  |  | 0.16 |  |  | (0.56 | )
Year ended January 31, 2017 |  |  |  |  |  |  |
Net sales | $ | 20,827 |  |  | $ | 61,354 |  |  | $ | 67,795 |  |  | $ | 23,441 |
Gross profit | 8,063 |  |  | 23,738 |  |  | 24,311 |  |  | 6,431 |
Net (loss) income** | (3,138 | ) |  | 6,885 |  |  | 23,998 |  |  | (4,985 | )
Per common share |  |  |  |  |  |  |
Net (loss) income* |  |  |  |  |  |  |
Basic | $ | (0.21 | ) |  | $ | 0.46 |  |  | $ | 1.59 |  |  | $ | (0.33 | )
Assuming dilution | (0.21 | ) |  | 0.45 |  |  | 1.57 |  |  | (0.33 | )
______________________________ * 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. ** For fiscal quarter ended October 31, 2016, the Company released its valuation allowance against the deferred tax assets resulting in a benefit to income taxes of $17,962,000. *** For fiscal quarter ended January 31, 2018, the Company's tax expense increased by $4,438,000 from the revaluation of deferred tax assets as a result of the reduction in the federal tax rate due to the Tax Cuts and Jobs Act (TCJA) enacted on December 22, 2017.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration