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EARNINGS PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. | 9 Months Ended
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Oct. 31, 2018
EARNINGS PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. |
EARNINGS PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. | NOTE 13 – EARNINGS PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. Basic and diluted earnings per share are computed as follows (shares in thousands except in the footnote below):
|  | Three Months Ended October 31,
|  | 2018 |  | 2017
Net income attributable to the stockholders of Argan, Inc. |  | $ | 32,434 |  | $ | 17,229
Weighted average number of shares outstanding - basic |  |  | 15,569 |  |  | 15,545
Effect of stock awards (1) |  |  | 133 |  |  | 248
Weighted average number of shares outstanding - diluted |  |  | 15,702 |  |  | 15,793
Net income per share attributable to the stockholders of Argan, Inc. |  |  |  |  |  |
Basic |  | $ | 2.08 |  | $ | 1.11
Diluted |  | $ | 2.07 |  | $ | 1.09
|  | Nine Months Ended October 31,
|  | 2018 |  | 2017
Net income attributable to the stockholders of Argan, Inc. |  | $ | 54,243 |  | $ | 64,993
Weighted average number of shares outstanding - basic |  |  | 15,568 |  |  | 15,509
Effect of stock awards (1) |  |  | 117 |  |  | 287
Weighted average number of shares outstanding - diluted |  |  | 15,685 |  |  | 15,796
Net income per share attributable to the stockholders of Argan, Inc. |  |  |  |  |  |
Basic |  | $ | 3.48 |  | $ | 4.19
Diluted |  | $ | 3.46 |  | $ | 4.11
| (1) |  | These numbers exclude the effects of antidilutive stock options which covered 581,500 shares for the three and nine months ended October 31, 2018, and 155,000 shares for the three and nine months ended October 31, 2017.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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