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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Oct. 31, 2017
Oct. 31, 2016
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS        
REVENUES $ 232,945 $ 175,444 $ 723,237 $ 468,287
Cost of revenues 195,227 138,866 594,016 359,395
GROSS PROFIT 37,718 36,578 129,221 108,892
Selling, general and administrative expenses 10,119 9,848 30,408 24,429
Impairment loss (Note 7)       1,979
INCOME FROM OPERATIONS 27,599 26,730 98,813 82,484
Other income, net 1,692 690 4,221 1,283
INCOME BEFORE INCOME TAXES 29,291 27,420 103,034 83,767
Income tax expense 12,062 8,194 37,738 27,122
NET INCOME 17,229 19,226 65,296 56,645
Net income attributable to non-controlling interests   1,153 303 6,668
NET INCOME ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. 17,229 18,073 64,993 49,977
Foreign currency translation adjustments, net of tax (139) (326) 754 (192)
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. $ 17,090 $ 17,747 $ 65,747 $ 49,785
EARNINGS PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC.        
Basic (in dollars per share) $ 1.11 $ 1.19 $ 4.19 $ 3.34
Diluted (in dollars per share) $ 1.09 $ 1.16 $ 4.11 $ 3.23
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING        
Basic (in shares) 15,545 15,137 15,509 14,974
Diluted (in shares) 15,793 15,601 15,796 15,490
CASH DIVIDENDS PER SHARE (Note 11) $ 1.00 $ 1.00 $ 1.00 $ 1.00