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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2017
Jul. 31, 2016
Jul. 31, 2017
Jul. 31, 2016
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS        
REVENUES $ 259,803 $ 162,495 $ 490,292 $ 292,843
Cost of revenues 208,396 118,483 398,789 220,529
GROSS PROFIT 51,407 44,012 91,503 72,314
Selling, general and administrative expenses 10,799 7,534 20,289 14,581
Impairment loss   1,979   1,979
INCOME FROM OPERATIONS 40,608 34,499 71,214 55,754
Other income, net 1,311 556 2,529 593
INCOME BEFORE INCOME TAXES 41,919 35,055 73,743 56,347
Income tax expense 14,601 11,756 25,676 18,928
NET INCOME 27,318 23,299 48,067 37,419
Net income attributable to non-controlling interests 179 3,625 303 5,515
NET INCOME ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. 27,139 19,674 47,764 31,904
Foreign currency translation adjustments, net of tax 789 (511) 893 134
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. $ 27,928 $ 19,163 $ 48,657 $ 32,038
EARNINGS PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC.        
Basic (in dollars per share) $ 1.75 $ 1.32 $ 3.08 $ 2.14
Diluted (in dollars per share) $ 1.72 $ 1.29 $ 3.03 $ 2.09
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING        
Basic (in shares) 15,514 14,939 15,491 14,899
Diluted (in shares) 15,787 15,278 15,788 15,231