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Income Per Share from Continuing Operations Attributable to REX Common Shareholders
9 Months Ended
Oct. 31, 2011
Earnings Per Share [Text Block]

Note 11. Income Per Share from Continuing Operations Attributable to REX Common Shareholders


          The following table reconciles the computation of basic and diluted net income per share from continuing operations for the periods presented (in thousands, except per share amounts):


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended
October 31, 2011

 

Three Months Ended
October 31, 2010

 

 

 


 


 

 

 

Income

 

Shares

 

Per
Share

 

Income

 

Shares

 

Per
Share

 

 

 


 


 


 


 


 


 

Basic income per share from continuing operations attributable to REX common shareholders

 

$

6,001

 

 

9,205

 

$

0.65

 

$

3,676

 

 

9,541

 

$

0.39

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

Effect of stock options

 

 

 

 

34

 

 

 

 

 

 

 

141

 

 

 

 

 

 



 



 

 

 

 



 



 

 

 

 

Diluted income per share from continuing operations attributable to REX common shareholders

 

$

6,001

 

 

9,239

 

$

0.65

 

$

3,676

 

 

9,682

 

$

0.38

 

 

 



 



 



 



 



 



 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended
October 31, 2011

 

Nine Months Ended
October 31, 2010

 

 

 


 


 

 

 

Income

 

Shares

 

Per
Share

 

Income

 

Shares

 

Per
Share

 

 

 


 


 


 


 


 


 

Basic income per share from continuing operations attributable to REX common shareholders

 

$

12,081

 

 

9,385

 

$

1.29

 

$

8,167

 

 

9,723

 

$

0.84

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

Effect of stock options

 

 

 

 

68

 

 

 

 

 

 

 

177

 

 

 

 

 

 



 



 

 

 

 



 



 

 

 

 

Diluted income per share from continuing operations attributable to REX common shareholders

 

$

12,081

 

 

9,453

 

$

1.28

 

$

8,167

 

 

9,900

 

$

0.83

 

 

 



 



 



 



 



 



 


          For the three months ended October 31, 2010, a total of 12,468 shares subject to outstanding options were not included in the common equivalent shares outstanding calculation as the effect from these shares is antidilutive. For the three months ended October 31, 2011 and for the nine months ended October 31, 2011 and 2010, there were no shares subject to outstanding options were not included in the common equivalent shares outstanding calculation because the effect from these shares was antidilutive.