|
CONSOLIDATED STATEMENT OF INCOME (USD $)
|
12 Months Ended | ||
|---|---|---|---|
|
Jan. 31, 2013
|
Jan. 31, 2012
|
Jan. 31, 2011
|
|
| CONSOLIDATED STATEMENT OF INCOME [Abstract] | |||
| Net sales | $ 109,941,922 | $ 100,161,392 | $ 88,865,426 |
| Cost of goods sold | 72,154,899 | 64,792,385 | 56,587,326 |
| Gross profit | 37,787,023 | 35,369,007 | 32,278,100 |
| Operating expenses | |||
| Selling | 11,818,299 | 12,017,123 | 11,674,270 |
| General and administrative | 14,090,913 | 12,760,600 | 11,633,509 |
| Total selling, general and administrative | 25,909,212 | 24,777,723 | 23,307,779 |
| Income from operations | 11,877,811 | 10,591,284 | 8,970,321 |
| Interest expense | (166,206) | (191,181) | (212,470) |
| Other income | 154,076 | 434,207 | 362,046 |
| Income before taxes | 11,865,681 | 10,834,310 | 9,119,897 |
| Provision for taxes | 3,820,458 | 3,700,609 | 2,980,765 |
| Net income | $ 8,045,223 | $ 7,133,701 | $ 6,139,132 |
| Earnings per share | |||
| Basic (in dollars per share) | $ 0.55 | $ 0.49 | $ 0.42 |
| Diluted (in dollars per share) | $ 0.55 | $ 0.48 | $ 0.42 |
| Average number of common and common equivalent shares outstanding | |||
| Basic (in shares) | 14,685,038 | 14,662,055 | 14,629,215 |
| Diluted (in shares) | 14,738,035 | 14,774,692 | 14,758,659 |