XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Oct. 31, 2018
Oct. 31, 2017
Oct. 31, 2018
Oct. 31, 2017
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS        
REVENUES $ 116,459 $ 232,945 $ 394,495 $ 723,237
Cost of revenues 86,927 195,227 318,803 594,016
GROSS PROFIT 29,532 37,718 75,692 129,221
Selling, general and administrative expenses 11,147 10,119 31,162 30,408
INCOME FROM OPERATIONS 18,385 27,599 44,530 98,813
Other income, net 1,429 1,692 5,121 4,221
INCOME BEFORE INCOME TAXES 19,814 29,291 49,651 103,034
Income tax benefit (expense) 12,560 (12,062) 4,509 (37,738)
NET INCOME 32,374 17,229 54,160 65,296
Net (loss) income attributable to non-controlling interests (60)   (83) 303
NET INCOME ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. 32,434 17,229 54,243 64,993
Foreign currency translation adjustments (1,092) (139) (2,364) 754
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. $ 31,342 $ 17,090 $ 51,879 $ 65,747
EARNINGS PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC.        
Basic (in Dollars per share) $ 2.08 $ 1.11 $ 3.48 $ 4.19
Diluted (in Dollars per share) $ 2.07 $ 1.09 $ 3.46 $ 4.11
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING        
Basic (in shares) 15,569 15,545 15,568 15,509
Diluted (in shares) 15,702 15,793 15,685 15,796
CASH DIVIDENDS PER SHARE (Note 11) $ 0.25 $ 1.00 $ 0.75 $ 1.00