NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN (Tables)

3 Months Ended

Apr. 30, 2022

NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN

Schedule of computations of basic and diluted net income per share

Basic and diluted net income per share amounts are computed as follows (shares in thousands except in the note):

	Three Months Ended April 30,
	2022		2021
Net income attributable to the stockholders of Argan	$	7,485	$	10,766
Weighted average number of shares outstanding – basic		14,910		15,726
Effect of stock awards (1)		82		235
Weighted average number of shares outstanding – diluted		14,992		15,961
Net income per share attributable to the stockholders of Argan
Basic	$	0.50	$	0.68
Diluted	$	0.50	$	0.67

(1) For the three months ended April 30, 2022 and 2021, the weighted average numbers of shares determined on a dilutive basis exclude the effects of antidilutive stock options covering an aggregate of 867,334 and 279,500 shares of common stock, respectively.