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Subsequent Events
3 Months Ended
Jul. 31, 2025
Subsequent Events [Abstract]  
Schedule of Subsequent Events [Table Text Block]

Note 16. Subsequent Events

 

On August 26, 2025, the Board of Directors of the Company adopted resolutions declaring a two-for-one split of the Company’s Common Stock to be effectuated in the form of a 100% stock dividend, payable on September 15, 2025 to stockholders of record at the close of business on September 8, 2025.

 

The following table sets forth the pro forma impact of the split on reported earnings per share:

 

 

(In Thousands, Except Per Share Amounts)

 

Three Months Ended

 

Six Months Ended

  July 31, July 31,
       2025     2024     2025     2024
         
Net income attributable to REX common shareholders $  7,111 $ 12,378 $ 15,789 $ 22,569
         
Pro forma weighted average shares outstanding – basic   33,010  35,095  33,388  35,055
         
Pro forma basic net income per share attributable to REX common shareholders

 

$ 0.22

 

$ 0.35

 

$ 0.47

 

$ 0.64

         
Pro forma weighted average shares outstanding – diluted   33,010  35,342  33,388  35,296
         
Pro forma diluted net income per share attributable to REX common shareholders

 

$ 0.22

 

$ 0.35

 

$ 0.47

 

$ 0.64