Net Loss per Common Share

3 Months Ended

Apr. 30, 2012

Earnings Per Share [Abstract]

Net Loss per Common Share

Note 3 – Net Loss per Common Share

Basic net loss per common share has been computed using the weighted average number of common shares outstanding during each period. Diluted net income per share, when applicable, is computed using the weighted average number of common shares and potential dilutive common shares, consisting of stock options and unvested restricted stock awards outstanding during the period. All stock options and unvested restricted stock outstanding as of April 30, 2012 and 2011 have been excluded from the diluted per share calculation as their inclusion would be anti-dilutive. For the three months ended April 30, 2012 and 2011, 182,708 and 132,757 shares of common stock, respectively, were issued in connection with the exercise or vesting of equity awards.