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Income Per Share from Continuing Operations Attributable to REX Common Shareholders
6 Months Ended
Jul. 31, 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
July 31, 2012

 

Three Months Ended
July 31, 2011

 

 

 


 


 

 

 

Income

 

Shares

 

Per Share

 

Income

 

Shares

 

Per Share

 

 

 


 


 


 


 


 


 

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

 

$

575

 

 

8,347

 

$

0.07

 

$

1,972

 

 

9,513

 

$

0.21

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

Effect of stock options

 

 

 

 

38

 

 

 

 

 

 

 

37

 

 

 

 

 

 



 



 

 

 

 



 



 

 

 

 

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

 

$

575

 

 

8,385

 

$

0.07

 

$

1,972

 

 

9,550

 

$

0.21

 

 

 



 



 



 



 



 



 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended
July 31, 2012

 

Six Months Ended
July 31, 2011

 

 

 


 


 

 

 

Income

 

Shares

 

Per Share

 

Income

 

Shares

 

Per Share

 

 

 


 


 


 


 


 


 

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

 

$

1,342

 

 

8,354

 

$

0.16

 

$

6,111

 

 

9,473

 

$

0.64

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

Effect of stock options

 

 

 

 

60

 

 

 

 

 

 

 

84

 

 

 

 

 

 



 



 

 

 

 



 



 

 

 

 

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

 

$

1,342

 

 

8,414

 

$

0.16

 

$

6,111

 

 

9,557

 

$

0.64

 

 

 



 



 



 



 



 



 


          For the six months ended July 31, 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 was antidilutive. There were no such shares for the three and six months ended July 31, 2012 and for the three months ended July 31, 2011.