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COMPUTATION OF NET LOSS PER SHARE
 3 Months Ended
Apr. 30, 2014
COMPUTATION OF NET LOSS PER SHARE [Abstract]  
COMPUTATION OF NET LOSS PER SHARE
2.
COMPUTATION OF NET LOSS PER SHARE

The following table sets forth the computation of basic and diluted net loss per share:

 
 
Three Months Ended
 
 
 
April30,
 
 
 
2014
  
2013
 
 
 
(in thousands except per share data)
 
Net loss
 
$
(76
)
 
$
(1,263
)
Less: Dividends declared
  
(1,103
)
  
(1,088
)
Undistributed net loss
 
$
(1,179
)
 
$
(2,351
)
 
        
Net loss per share – Class A Common Stock
        
Dividends declared
 
$
912
  
$
899
 
Allocation of undistributed net loss
  
(976
)
  
(1,942
)
Net loss attributable to Class A common stock
 
$
(64
)
 
$
(1,043
)
 
        
Weighted average shares of Class A common stock outstanding—basic
  
12,628
   
12,429
 
Weighted average potential shares of Class A common stock
  
—
   
—
 
Weighted average shares of Class A common stock and potential common shares outstanding—diluted
  
12,628
   
12,429
 
 
        
Basic net loss per Class A common share
 
$
(0.01
)
 
$
(0.08
)
Diluted net loss per Class A common share
 
$
(0.01
)
 
$
(0.08
)
 
        
Net loss per share – Class B Common Stock
        
Dividends declared
 
$
191
  
$
189
 
Allocation of undistributed net loss
  
(203
)
  
(409
)
Net loss attributable to Class B common stock
 
$
(12
)
 
$
(220
)
 
        
Weighted average shares of Class B common stock outstanding—basic
  
3,168
   
3,145
 
Weighted average potential shares of Class B common stock
  
—
   
—
 
Weighted average shares of Class B common stock and potential common shares outstanding—diluted
  
3,168
   
3,145
 
 
        
Basic net loss per Class B common share
 
$
(0.00
)
 
$
(0.07
)
Diluted net loss per Class B common share
 
$
(0.00
)
 
$
(0.07
)

Potential common shares consist of the shares issuable upon the release of restricted stock units (“RSUs”) and the exercise of stock options and stock appreciation rights (“SARs”). The Company’s unvested RSUs and unexercised SARs are not considered participating securities as they do not have rights to dividends or dividend equivalents prior to release or exercise.

The following table sets forth the number of potential common shares not included in the calculation of diluted earnings per share because their effects were anti-dilutive:

 
 
Three Months Ended
 
 
 
April30,
 
 
 
2014
  
2013
 
 
 
  
 
Class A
  
2,778
   
2,804
 
Class B
  
371
   
456