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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2016
Jul. 31, 2015
Jul. 31, 2016
Jul. 31, 2015
Net sales and revenue $ 115,707 $ 113,480 $ 215,929 $ 218,677
Cost of sales 98,423 95,204 190,223 191,274
Gross profit 17,284 18,276 25,706 27,403
Selling, general and administrative expenses (5,206) (6,456) (9,233) (10,909)
Equity in income of unconsolidated affiliates 1,186 5,063 1,419 6,543
Gain on sale of investment   10,385 192 10,385
Gain on disposal of property and equipment, net 185 12 185 495
Interest and other income 97 107 257 325
Income before income taxes 13,546 27,387 18,526 34,242
Provision for income taxes (4,517) (8,676) (6,031) (11,092)
Net income 9,029 18,711 12,495 23,150
Net income attributable to noncontrolling interests (853) (2,344) (1,481) (2,856)
Net income attributable to REX common shareholders $ 8,176 $ 16,367 $ 11,014 $ 20,294
Weighted average shares outstanding – basic and diluted (in Shares) 6,586 7,580 6,590 7,737
Basic and diluted net income per share attributable to REX common shareholders (in Dollars per share) $ 1.24 $ 2.16 $ 1.67 $ 2.62