Discounted Operations

3 Months Ended

Apr. 30, 2013

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

Note 13. Discontinued Operations

During fiscal year 2009, the Company completed the exit of its retail business. Accordingly, all operations of the Company’s former retail segment and certain sold properties have been classified as discontinued operations for all periods presented. Once real estate property has been sold, and no continuing involvement is expected, the Company classifies the results of the operations as discontinued operations. The results of operations were previously reported in the Company’s retail or real estate segment, depending on when the store ceased operations. Below is a table reflecting certain items of the Consolidated Condensed Statements of Operations that were reclassified as discontinued operations for the periods indicated (amounts in thousands):

	Three Months Ended April 30,
	2013			2012
Net sales and revenue	$	258		$	597
Cost of sales		9			125
Income before income taxes		179			281
Provision for income taxes		(70	)		(112	)
Income from discontinued operations, net of tax	$	109		$	169
Gain (loss) on disposal	$	215		$	(14	)
(Provision) benefit for income taxes		(84	)		6
Gain (loss) on disposal of discontinued operations, net of tax	$	131		$	(8	)