XML 14 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Oct. 31, 2020
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS        
REVENUES $ 124,451 $ 127,331 $ 383,800 $ 274,971
Cost of revenues 98,316 106,988 306,299 234,989
GROSS PROFIT 26,135 20,343 77,501 39,982
Selling, general and administrative expenses 11,590 9,398 31,813 28,827
INCOME FROM OPERATIONS 14,545 10,945 45,688 11,155
Other income, net 1,117 175 1,569 1,714
INCOME BEFORE INCOME TAXES 15,662 11,120 47,257 12,869
Income tax (expense) benefit (3,269) (1,666) (11,228) 1,391
NET INCOME 12,393 9,454 36,029 14,260
Net loss attributable to non-controlling interests       (40)
NET INCOME ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. 12,393 9,454 36,029 14,300
Foreign currency translation adjustments (471) (321) (728) (650)
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. $ 11,922 $ 9,133 $ 35,301 $ 13,650
NET INCOME PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC.        
Basic $ 0.79 $ 0.60 $ 2.29 $ 0.91
Diluted $ 0.78 $ 0.60 $ 2.25 $ 0.91
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING        
Basic 15,774 15,680 15,757 15,659
Diluted 15,963 15,833 15,980 15,795
CASH DIVIDENDS PER SHARE $ 0.25 $ 0.25 $ 0.75 $ 1.75