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v2.4.0.8

Condensed Consolidated Statements of Operations (USD $) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Oct. 31, 2014 | Oct. 31, 2013 | Oct. 31, 2014 | Oct. 31, 2013
Revenues | $ 127,564,000 | $ 63,452,000 | $ 280,785,000 | $ 167,964,000
COST OF REVENUES |  |  |  |
Cost of revenues | 97,251,000 | 39,576,000 | 218,858,000 | 109,803,000
GROSS PROFIT | 30,313,000 | 23,876,000 | 61,927,000 | 58,161,000
Selling, general and administrative expenses | 5,473,000 | 3,545,000 | 13,332,000 | 8,589,000
INCOME FROM OPERATIONS | 24,840,000 | 20,331,000 | 48,595,000 | 49,572,000
Gains on the deconsolidation of variable interest entities |  |  |  | 2,444,000
Other income, net | 99,000 | 261,000 | 162,000 | 827,000
INCOME BEFORE INCOME TAXES | 24,939,000 | 20,592,000 | 48,757,000 | 52,843,000
Income tax expense | 8,180,000 | 8,143,000 | 15,177,000 | 19,531,000
NET INCOME | 16,759,000 | 12,449,000 | 33,580,000 | 33,312,000
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS | 4,337,000 | 521,000 | 9,133,000 | 2,351,000
NET INCOME ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. | 12,422,000 | 11,928,000 | 24,447,000 | 30,961,000
EARNINGS PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. |  |  |  |
Basic | $ 0.86 | $ 0.85 | $ 1.70 | $ 2.21
Diluted | $ 0.84 | $ 0.83 | $ 1.66 | $ 2.16
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING |  |  |  |
Basic | 14,470,000 | 14,093,000 | 14,390,000 | 14,022,000
Diluted | 14,795,000 | 14,365,000 | 14,761,000 | 14,302,000
CASH DIVIDEND DECLARED, PER COMMON SHARE (Note 3) | $ 0.70 | $ 0.75 | $ 0.70 | $ 0.75
Power Industry Services [Member] |  |  |  |
Revenues | 125,660,000 | 61,103,000 | 275,902,000 | 160,392,000
COST OF REVENUES |  |  |  |
Cost of revenues | 95,863,000 | 38,012,000 | 215,174,000 | 104,062,000
Telecommunications Infrastructure Services [Member] |  |  |  |
Revenues | 1,904,000 | 2,349,000 | 4,883,000 | 7,572,000
COST OF REVENUES |  |  |  |
Cost of revenues | $ 1,388,000 | $ 1,564,000 | $ 3,684,000 | $ 5,741,000

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