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Note 2 - Computation of Net Loss Per Share
3 Months Ended
Apr. 30, 2017
Notes to Financial Statements  
Earnings Per Share [Text Block]
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
April 30,
 
   
201
7
   
201
6
 
   
(in thousands except per share data)
 
Net loss
  $
(2,571
)
  $
(2,792
)
Less: Dividends declared
   
(1,331
)
   
(1,316
)
Undistributed net loss
  $
(3,902
)
  $
(4,108
)
                 
Net loss per share
– Class A Common Stock
 
 
 
 
 
 
 
 
Dividends declared
  $
1,138
    $
1,124
 
Allocation of undistributed net loss
   
(3,337
)
   
(3,508
)
Net loss attributable to Class A common stock
  $
(2,199
)
  $
(2,384
)
                 
Weighted average shares of Class A common stock outstanding
basic
   
15,809
     
15,594
 
Weighted average potential shares of Class A common stock
   
     
 
Weighted average shares of Class A common stock and potential common shares outstanding
diluted
   
15,809
     
15,594
 
                 
Basic net loss per Class A common share
  $
(0.14
)
  $
(0.15
)
Diluted net loss per Class A common share
  $
(0.14
)
  $
(0.15
)
                 
Net loss per share
– Class B Common Stock
 
 
 
 
 
 
 
 
Dividends declared
  $
193
    $
192
 
Allocation of undistributed net loss
   
(565
)
   
(600
)
Net loss attributable to Class B common stock
  $
(372
)
  $
(408
)
                 
Weighted average shares of Class B common stock outstanding
basic
   
3,210
     
3,204
 
Weighted average potential shares of Class B common stock
   
     
 
Weighted average shares of Class B common stock and potential common shares outstanding
diluted
   
3,210
     
3,204
 
                 
Basic net loss per Class B common share
  $
(0.12
)
  $
(0.13
)
Diluted net loss per Class B common share
  $
(0.12
)
  $
(0.13
)
 
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
April 30,
 
   
201
7
   
201
6
 
   
(in thousands)
 
Class A
   
3,036
     
2,807
 
Class B
   
389
     
349