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Quarterly Financial Information (Unaudited) | 12 Months Ended
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Jan. 31, 2014
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information (Unaudited) | NOTE 18 – QUARTERLY FINANCIAL INFORMATION (unaudited) Certain unaudited financial information reported for the quarterly periods ended April 30, July 31, October 31 and January 31 included in the fiscal years ended January 31, 2014 and 2013 is presented below ($s in thousands except per share data):
Fiscal Year |  | April 30 |  |  | July 31 |  |  | October 31(1) |  |  | January 31(2) |  |  | Full Year |
2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 46,648 |  |  | $ | 57,864 |  |  | $ | 63,452 |  |  | $ | 59,491 |  |  | $ | 227,455 |
Gross profit |  |  | 13,028 |  |  |  | 21,257 |  |  |  | 23,876 |  |  |  | 20,687 |  |  |  | 78,848 |
Income from continuing operations |  |  | 6,940 |  |  |  | 13,923 |  |  |  | 12,449 |  |  |  | 10,032 |  |  |  | 43,344 |
Net income |  |  | 6,940 |  |  |  | 13,923 |  |  |  | 12,449 |  |  |  | 10,032 |  |  |  | 43,344 |
Net income attributable to the stockholders of Argan, Inc. |  |  | 6,410 |  |  |  | 12,623 |  |  |  | 11,928 |  |  |  | 9,164 |  |  |  | 40,125 |
Earnings per share(3) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.46 |  |  | $ | 0.90 |  |  | $ | 0.85 |  |  | $ | 0.64 |  |  | $ | 2.85 |
Fully diluted |  | $ | 0.45 |  |  | $ | 0.89 |  |  | $ | 0.83 |  |  | $ | 0.63 |  |  | $ | 2.78 |
2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 63,690 |  |  | $ | 82,619 |  |  | $ | 74,486 |  |  | $ | 57,840 |  |  | $ | 278,635 |
Gross profit |  |  | 10,101 |  |  |  | 12,879 |  |  |  | 13,136 |  |  |  | 14,019 |  |  |  | 50,135 |
Income from continuing operations |  |  | 4,547 |  |  |  | 5,981 |  |  |  | 5,713 |  |  |  | 5,861 |  |  |  | 22,102 |
Net income |  |  | 4,262 |  |  |  | 5,981 |  |  |  | 5,713 |  |  |  | 5,861 |  |  |  | 21,817 |
Net income attributable to the stockholders of Argan, Inc. |  |  | 4,438 |  |  |  | 6,201 |  |  |  | 6,065 |  |  |  | 6,561 |  |  |  | 23,265 |
Earnings per share(3) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.32 |  |  | $ | 0.45 |  |  | $ | 0.44 |  |  | $ | 0.47 |  |  | $ | 1.69 |
Fully diluted |  | $ | 0.32 |  |  | $ | 0.45 |  |  | $ | 0.43 |  |  | $ | 0.46 |  |  | $ | 1.65 |
(1) | The operating results for the three months ended October 31, 2013 were favorably affected by the development success fee related to the purchase of Moxie Liberty by Panda which was recognized as revenue by the Company in the amount of $14.3 million.
(2) | The operating results for the three months ended January 31, 2014 were favorably affected by the development success fee related to the purchase of Moxie Patriot by Panda which was recognized as revenue by the Company in the amount of $12.8 million.
(3) | The earnings per share amounts are attributable to the stockholders of Argan, Inc.

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