|
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
|
3 Months Ended | |
|---|---|---|
|
Apr. 28, 2012
|
Apr. 30, 2011
|
|
| Royalty revenues | $ 7,514,000 | $ 6,944,000 |
| Selling, general and administrative expenses | 4,153,000 | 3,303,000 |
| Operating income | 3,361,000 | 3,641,000 |
| Other income: | ||
| Interest expense | (51,000) | (66,000) |
| Investment and interest income | 12,000 | 20,000 |
| Total other income | (39,000) | (46,000) |
| Income before income taxes | 3,322,000 | 3,595,000 |
| Income tax provision | 1,251,000 | 343,000 |
| Net income | $ 2,071,000 | $ 3,252,000 |
| Basic earnings per share (in dollars per share) | $ 0.25 | $ 0.38 |
| Diluted earnings per share (in dollars per share) | $ 0.25 | $ 0.38 |
| Weighted average shares outstanding | ||
| Basic (in shares) | 8,387,167 | 8,499,486 |
| Diluted (in shares) | 8,389,434 | 8,521,362 |