XML 45 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
3 Months Ended
Apr. 30, 2014
Apr. 30, 2013
Revenues $ 51,191,000 $ 46,648,000
COST OF REVENUES    
Cost of revenues 41,140,000 33,620,000
GROSS PROFIT 10,051,000 13,028,000
Selling, general and administrative expenses 3,379,000 3,443,000
Income from operations 6,672,000 9,585,000
Other income, net 22,000 155,000
Gain on deconsolidation of variable interest entity   1,120,000
INCOME BEFORE INCOME TAXES 6,694,000 10,860,000
Income tax expense 1,894,000 3,920,000
NET INCOME 4,800,000 6,940,000
INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 1,325,000 530,000
NET INCOME ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. 3,475,000 6,410,000
EARNINGS PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC.    
Basic $ 0.24 $ 0.46
Diluted $ 0.24 $ 0.45
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING    
Basic 14,299,000 13,974,000
Diluted 14,683,000 14,127,000
Power Industry Services [Member]
   
Revenues 49,824,000 43,769,000
COST OF REVENUES    
Cost of revenues 40,049,000 31,246,000
Telecommunications Infrastructure Services [Member]
   
Revenues 1,367,000 2,879,000
COST OF REVENUES    
Cost of revenues $ 1,091,000 $ 2,374,000