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EARNINGS PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC.
 3 Months Ended
Apr. 30, 2016
EARNINGS PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC.  
EARNINGS PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC.

NOTE 13 — EARNINGS PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC.

 

Reconciliations of weighted average basic shares outstanding to weighted average diluted shares outstanding and the computations of basic and diluted earnings per share for the three months ended April 30, 2016 and 2015 are as follows:

 

 

 

Three Months Ended April 30,

 

 

 

2016

 

2015

 

 

 

 

 

 

 

Net income attributable to the stockholders of Argan, Inc.

 

$
12,230 

 

$
7,503 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares outstanding - basic

 
14,842 

 
14,637 

 

Effect of stock options (1)

 
213 

 
227 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares outstanding - diluted

 
15,055 

 
14,864 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share attributable to the stockholders of Argan, Inc.:

 

 

 

 

 

Basic

 

$
0.82 

 

$
0.51 

 

Diluted

 

$
0.81 

 

$
0.50 

 

 

(1)

The numbers of antidilutive shares excluded from the diluted earnings per share computations were not material for the three months ended April 30, 2016 or 2015.