Three Months Ended
October 31,

Nine Months Ended
October 31,

2013

2012

2013

2012

Basic:

Net income (loss)

$

551

$

(2,244

)

$

(1,717

)

$

(2,805

)

Weighted average shares outstanding

14,470

7,613

14,300

7,518

Basic income (loss) per share

$

0.04

$

(0.29

)

$

(0.12

)

$

(0.37

)

Diluted:

Net income (loss)

$

551

$

(2,244

)

$

(1,717

)

$

(2,805

)

Weighted average shares outstanding

14,470

7,613

14,300

7,518

Effect of dilutive securities – stock options

74

—

Weighted average shares used in the calculation of diluted income (loss) per share

14,544

7,613

14,300

7,518

Diluted income (loss) per share

$

0.04

$

(0.29

)

$

(0.12

)

$

(0.37

)