XML 30 R21.htm IDEA: XBRL DOCUMENT v3.21.2
Related-Party Transactions
 9 Months Ended
Oct. 31, 2021
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]

Note 14. Related-Party Transactions

 

During the third quarters of fiscal years 2021 and 2020, One Earth and NuGen purchased approximately $22.9 million and approximately $16.9 million, respectively, of corn (and other supplies) from minority equity investors and board members of those subsidiaries. Such purchases totaled approximately $60.3 million and approximately $34.0 million for the nine months ended October 31, 2021 and 2020, respectively. The Company had amounts payable to related parties of approximately $1.7 million and approximately $0.7 million at October 31, 2021 and January 31, 2021, respectively.

 

During the third quarters of fiscal years 2021 and 2020, the Company recognized (reduced) commission expense of approximately $40,000 and approximately $(15,000), payable to the minority investor in the refined coal entity. During the first nine months of fiscal years 2021 and 2020, the Company recognized (reduced) commission expense of approximately $0.2 million and approximately $(0.2) million, respectively. The commission expense is associated with the refined coal business which is classified within discontinued operations. The Company had accrued liabilities related to the commission expense of approximately $0.1 million at January 31, 2021, recorded within current liabilities held for sale.