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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jul. 31, 2011
Jul. 31, 2010
Jul. 31, 2011
Jul. 31, 2010
Net sales $ 90,344 $ 73,174 $ 191,885 $ 158,204
Cost of sales 62,214 52,785 130,819 110,644
Gross profit 28,130 20,389 61,066 47,560
Research and development expenses 2,374 1,956 4,617 4,082
Selling, general and administrative expenses 7,082 5,810 14,242 11,350
Operating income 18,674 12,623 42,207 32,128
Other income (expense), net (76) (94) (89) (42)
Income before income taxes 18,598 12,529 42,118 32,086
Income taxes 6,137 4,176 13,941 10,788
Net income $ 12,461 $ 8,353 $ 28,177 $ 21,298
Net income per common share:        
Basic $ 0.69 $ 0.46 $ 1.56 $ 1.18
Diluted $ 0.68 $ 0.46 $ 1.55 $ 1.18
Cash dividends paid per common share $ 0.18 $ 0.16 $ 0.36 $ 0.32