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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 31, 2015
Oct. 31, 2014
Oct. 31, 2015
Oct. 31, 2014
Revenue        
Equipment $ 215,692 $ 343,482 $ 681,691 $ 1,008,614
Parts 73,838 80,692 197,439 219,597
Service 34,116 42,410 99,860 117,941
Rental and other 21,329 26,557 53,371 63,442
Total Revenue 344,975 493,141 1,032,361 1,409,594
Cost of Revenue        
Equipment 198,095 317,702 628,280 926,863
Parts 51,673 56,402 138,626 154,146
Service 12,449 15,037 36,136 42,969
Rental and other 15,617 19,309 39,674 45,333
Total Cost of Revenue 277,834 408,450 842,716 1,169,311
Gross Profit 67,141 84,691 189,645 240,283
Operating Expenses 53,484 69,459 165,979 208,406
Impairment and Realignment Costs 22 0 1,519 2,952
Income from Operations 13,635 15,232 22,147 28,925
Other Income (Expense)        
Interest income and other income (expense) 722 (489) (565) (4,095)
Floorplan interest expense (4,602) (5,444) (13,945) (15,345)
Other interest expense (4,041) (3,586) (11,228) (10,586)
Income (Loss) Before Income Taxes 5,714 5,713 (3,591) (1,101)
Provision for (Benefit from) Income Taxes 2,231 3,400 (354) 4,254
Net Income (Loss) Including Noncontrolling Interest 3,483 2,313 (3,237) (5,355)
Less: Net Income (Loss) Attributable to Noncontrolling Interest 27 (157) (395) (662)
Net Income (Loss) Attributable to Titan Machinery Inc. 3,456 2,470 (2,842) (4,693)
Net (Income) Loss Allocated to Participating Securities - Note 1 (72) (49) 53 80
Net Income (Loss) Attributable to Titan Machinery Inc. Common Stockholders $ 3,384 $ 2,421 $ (2,789) $ (4,613)
Earnings (Loss) per Share - Note 1        
Earnings (Loss) per Share - Basic, in dollars per share $ 0.16 $ 0.12 $ (0.13) $ (0.22)
Earnings (Loss) per Share - Diluted, in dollars per share $ 0.16 $ 0.11 $ (0.13) $ (0.22)
Weighted Average Common Shares - Basic 21,129 20,994 21,093 20,977
Weighted Average Common Shares - Diluted 21,218 21,102 21,093 20,977