Net (Loss) Income Per Share |
9 Months Ended | ||
|---|---|---|---|
Oct. 31, 2017 | |||
| Earnings Per Share [Abstract] | |||
| Net (Loss) Income Per Share |
We calculate basic (loss) income per share by dividing net (loss) income by the weighted-average number of common shares outstanding during the reporting period. Diluted (loss) income per share reflects the effects of dilutive potential common shares. Because we incurred a net loss for the three and nine months ended October 31, 2017, basic and diluted loss per share for this period were the same because the inclusion of potential common shares would have been dilutive. For the three and nine months ended October 31, 2016, basic and diluted income per share was the same as all potential common shares were antidilutive.
Potential common shares of 35,427,100 and 35,310,836 relating to outstanding warrants and to stock awards to directors and our employee have been excluded from diluted weighted average common shares for the three and nine months ended October 31, 2017 and 2016, respectively, as the effect would have been antidilutive. |