Three Months Ended

Six Months Ended

July 31,

2020

2019

2020

2019

(in thousands, except per share

data)

(in thousands, except per share

data)

Net income (loss)

$

60

$

(13,250

)

$

(350

)

$

(16,484

)

Less: Dividends declared

(1,448

)

(1,387

)

(2,879

)

(2,761

)

Undistributed net loss

$

(1,388

)

$

(14,637

)

$

(3,229

)

$

(19,245

)

Net income (loss) per share – Class A Common Stock

Dividends declared

$

1,249

$

1,191

$

2,481

$

2,370

Allocation of undistributed net loss

(1,197

)

(12,570

)

(2,782

)

(16,522

)

Net income (loss) attributable to Class A common stock

$

52

$

(11,379

)

$

(301

)

$

(14,152

)

Weighted average shares of Class A common stock outstanding— basic

17,245

16,465

17,179

16,417

Weighted average potential shares of Class A common stock

568

—

Weighted average shares of Class A common stock and potential common shares outstanding— diluted

17,813

16,465

17,179

16,417

Basic net income (loss) per Class A common share

$

0.00

$

(0.69

)

$

(0.02

)

$

(0.86

)

Diluted net income (loss) per Class A common share

$

0.00

$

(0.69

)

$

(0.02

)

$

(0.86

)

Net income (loss) per share – Class B Common Stock

Dividends declared

$

199

$

196

$

398

$

391

Allocation of undistributed net loss

(191

)

(2,067

)

(447

)

(2,723

)

Net income (loss) attributable to Class B common stock

$

8

$

(1,871

)

$

(49

)

$

(2,332

)

Weighted average shares of Class B common stock outstanding— basic

3,321

3,264

3,321

3,264

Weighted average potential shares of Class B common stock

68

—

Weighted average shares of Class B common stock and potential common shares outstanding— diluted

3,389

3,264

3,321

3,264

Basic net income (loss) per Class B common share

$

0.00

$

(0.57

)

$

(0.01

)

$

(0.71

)

Diluted net income (loss) per Class B common share

$

0.00

$

(0.57

)

$

(0.01

)

$

(0.71

)