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QUARTERLY UNAUDITED INFORMATION
 12 Months Ended
Jan. 31, 2013
Quarterly Financial Information [Text Block]
18. QUARTERLY UNAUDITED INFORMATION

The following tables set forth the Company’s net sales and revenue, gross profit (loss), net income (loss) and net income (loss) per share (basic and diluted) for each quarter during the last two fiscal years. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.


    Quarters Ended  
    (In Thousands, Except Per Share Amounts)  
    April 30,     July 31,     October 31,     January 31,  
    2012     2012     2012     2013  
                         
Net sales and revenue (a)   $ 151,007     $ 153,164     $ 178,927     $ 174,639  
Gross profit (loss) (a)     5,521       6,952       3,632       (2,569 )
Net income (loss)     1,492       1,289       893       (5,262 )
Net income (loss) attributable to REX common shareholders     933       806       409       (4,443 )
Basic net income (loss) per share attributable to REX common shareholders (b)   $ 0.11     $ 0.10     $ 0.05     $ (0.54 )
Diluted net income (loss) per share attributable to REX common shareholders (b)   $ 0.11     $ 0.10     $ 0.05     $ (0.54 )

    Quarters Ended  
    (In Thousands, Except Per Share Amounts)  
    April 30,     July 31,     October 31,     January 31,  
    2011     2011     2011     2012 (c)  
                         
Net sales and revenue (a)   $ 81,163     $ 73,796     $ 84,499     $ 170,465  
Gross profit (loss) (a)     4,745       (214 )     9,002       20,469  
Net income     5,556       2,033       8,327       17,782  
Net income attributable to REX common shareholders     4,652       2,347       6,482       14,789  
Basic net income per share attributable to REX common shareholders (b)   $ 0.49     $ 0.25     $ 0.70     $ 1.77  
Diluted net income per share attributable to REX common shareholders (b)   $ 0.49     $ 0.25     $ 0.70     $ 1.76  

a) Amounts differ from those previously reported as a result of retail operations and certain real estate assets sold being reclassified as discontinued operations and other reclassifications.

b) The total of the quarterly net income (loss) per share amounts do not equal the annual net loss or income per share amount due to the impact of varying amounts of shares and options outstanding during the year. In addition, basic net loss per share equals diluted net loss per share in periods a net loss is reported.

c) The quarter ended January 31, 2012 includes the results of NuGen in the consolidated information. Effective November 1, 2011, the Company ceased using the equity method to account for NuGen and began consolidating NuGen’s results.