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Income Per Share from Continuing Operations Attributable to REX Common Shareholders
3 Months Ended
Apr. 30, 2012
Earnings Per Share [Text Block]

Note 10. 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
April 30, 2012

 

Three Months Ended
April 30, 2011

 

 

 


 


 

 

 

Income

 

Shares

 

Per
Share

 

Income

 

Shares

 

Per
Share

 

 

 


 


 


 


 


 


 

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

 

$

760

 

 

8,360

 

$

0.09

 

$

4,137

 

 

9,432

 

$

0.44

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

Effect of stock options

 

 

 

 

79

 

 

 

 

 

 

 

128

 

 

 

 

 

 



 



 

 

 

 



 



 

 

 

 

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

 

$

760

 

 

8,439

 

$

0.09

 

$

4,137

 

 

9,560

 

$

0.44

 

 

 



 



 



 



 



 



 


          For the three months ended April 30, 2012, there were no shares subject to outstanding options that were excluded in the common equivalents shares outstanding calculation. For the three months ended April 30, 2011 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.