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EARNINGS PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. (Tables) | 12 Months Ended
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Jan. 31, 2019
EARNINGS PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. |
Schedule of computations of basic and diluted earnings per share | Basic and diluted earnings per share are computed as follows (shares in thousands except in the footnote below):
|  | 2019 |  | 2018 |  | 2017
Net income attributable to the stockholders of Argan, Inc. |  | $ | 52,036 |  | $ | 72,011 |  | $ | 70,328
Weighted average number of shares outstanding – basic |  |  | 15,569 |  |  | 15,522 |  |  | 15,066
Effect of stock awards (1) |  |  | 124 |  |  | 258 |  |  | 559
Weighted average number of shares outstanding – diluted |  |  | 15,693 |  |  | 15,780 |  |  | 15,625
Net income per share attributable to the stockholders of Argan, Inc. |  |  |  |  |  |  |  |  |
Basic |  | $ | 3.34 |  | $ | 4.64 |  | $ | 4.67
Diluted |  | $ | 3.32 |  | $ | 4.56 |  | $ | 4.50
| (1) |  | These numbers exclude the effects of antidilutive stock options which covered 646,500 shares, 260,000 shares and 165,000 shares which had exercise prices per share in excess of the average market prices per share for Fiscal 2019, 2018 and 2017, respectively.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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