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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Jul. 31, 2015
Jul. 31, 2014
Net sales and revenue $ 113,480 $ 150,231 $ 218,677 $ 306,156
Cost of sales 95,204 111,391 191,274 230,681
Gross profit 18,276 38,840 27,403 75,475
Selling, general and administrative expenses (6,456) (4,839) (10,909) (11,010)
Gain on sale of investment 10,385   10,385  
Equity in income of unconsolidated affiliates 5,063 7,245 6,543 15,542
Gain on disposal of property and equipment, net 12   495  
Interest and other income 107 87 325 135
Interest expense   (591)   (1,283)
Income from continuing operations before income taxes 27,387 40,742 34,242 78,859
Provision for income taxes (8,676) (14,017) (11,092) (27,937)
Income from continuing operations 18,711 26,725 23,150 50,922
Loss from discontinued operations, net of tax   (12)   (9)
Gain on disposal of discontinued operations, net of tax   5   5
Net income 18,711 26,718 23,150 50,918
Net income attributable to noncontrolling interests (2,344) (4,811) (2,856) (7,269)
Net income attributable to REX common shareholders $ 16,367 $ 21,907 $ 20,294 $ 43,649
Weighted average shares outstanding – basic (in Shares) 7,580 8,182 7,737 8,150
Basic net income per share attributable to REX common shareholders (in Dollars per share) $ 2.16 $ 2.68 $ 2.62 $ 5.36
Weighted average shares outstanding – diluted (in Shares) 7,580 8,182 7,737 8,166
Diluted net income per share attributable to REX common shareholders (in Dollars per share) $ 2.16 $ 2.68 $ 2.62 $ 5.35
Amounts attributable to REX common shareholders:        
Income from continuing operations, net of tax $ 16,367 $ 21,914 $ 20,294 $ 43,653
Loss from discontinued operations, net of tax   (7)   (4)
Net income $ 16,367 $ 21,907 $ 20,294 $ 43,649