Three Months Ended

April 30,

2021

2020

(in thousands except per share

data)

Net income (loss)

$

1,832

$

(410

)

Less: Dividends declared

(1,454

)

(1,431

)

Undistributed net income (loss)

$

378

$

(1,841

)

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

Dividends declared

$

1,254

$

1,232

Allocation of undistributed net income (loss)

326

(1,585

)

Net income (loss) attributable to Class A common stock

$

1,580

$

(353

)

Weighted average shares of Class A common stock outstanding—basic

17,379

17,112

Weighted average potential shares of Class A common stock

1,067

—

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

18,446

17,112

Basic net income (loss) per Class A common share

$

0.09

$

(0.02

)

Diluted net income (loss) per Class A common share

$

0.09

$

(0.02

)

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

Dividends declared

$

200

$

199

Allocation of undistributed net income (loss)

52

(256

)

Net income (loss) attributable to Class B common stock

$

252

$

(57

)

Weighted average shares of Class B common stock outstanding—basic

3,330

3,321

Weighted average potential shares of Class B common stock

79

—

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

3,409

3,321

Basic net income (loss) per Class B common share

$

0.08

$

(0.02

)

Diluted net income (loss) per Class B common share

$

0.07

$

(0.02

)