


| |
| (in
thousands, except per share information) |
|
|
|
|
For
the Quarter Ended |
| Operating
Highlights: |
7/31/07 |
7/31/06 |
Change |
| Net
sales |
$58,944 |
$53,542 |
10.1% |
| Income
from operations |
2,472 |
3,614 |
(31.6%) |
| Net
Income |
$1,443 |
$2,314 |
(37.6%) |
|
|
|
|
Weighted
average number of common shares
outstanding - basic |
6,611 |
5,306 |
|
|
Net Income (loss) per common share - basic
|
$0.22 |
$0.44 |
|
|
Weighted average number of common shares
outstanding - diluted |
6,836 |
5,710 |
|
| Net Income
(loss)
per common share - diluted |
$0.21 |
$0.41 |
|
|
|
|
|
|
As
of |
| Balance
Sheet Data |
7/31/07 |
1/31/07 |
Change |
| Working capital |
$47,482 |
$30,734 |
54.5% |
| Current
ratio (to 1) |
2.0 |
1.6 |
25.0% |
| Stockholders'
equity |
$60,845 |
$38,816 |
56.8% |
| Equity
per share |
$9.15 |
$7.02 |
30.4% |
| Common
shares outstanding |
6,650 |
5,530 |
20.3% |
| Total
assets |
$137,679 |
$121,440 |
13.4% |
*Throughout this report, the years ended
January 31, 2007, 2006, 2005, 2004 and 2003
are referred to as 2006, 2005, 2004, 2003 and 2002, respectively.
|