Segment Reporting

9 Months Ended

Oct. 31, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Note 15. Segment Reporting

The Company has two segments: alternative energy and real estate. The Company evaluates the performance of each reportable segment based on segment profit. Segment profit excludes income taxes, indirect interest expense, discontinued operations, indirect interest income and certain other items that are included in net income determined in accordance with GAAP. Segment profit includes realized and unrealized gains and losses on derivative financial instruments. The following table summarizes segment and other results and assets (amounts in thousands):

	Three Months Ended October 31,				Nine Months Ended October 31,
	2013		2012		2013		2012
Net sales and revenue:
Alternative energy	$	166,039	$	178,495	$	519,653	$	481,938
Real estate		466		354		1,214		974
Total net sales and revenues	$	166,505	$	178,849	$	520,867	$	482,912
Segment gross profit (loss):
Alternative energy	$	18,002	$	3,686	$	37,918	$	16,224
Real estate		176		55		340		(21	)
Total gross profit	$	18,178	$	3,741	$	38,258	$	16,203

	Three Months Ended October 31,						Nine Months Ended October 31,
	2013			2012			2013			2012
Segment profit (loss):
Alternative energy	$	16,491		$	1,586		$	34,231		$	6,478
Real estate		115			(6	)		157			(218	)
Corporate expense, net		(608	)		(601	)		(2,023	)		(1,717	)
Income from continuing operations before income taxes and noncontrolling interests	$	15,998		$	979		$	32,365		$	4,543

	October 31, 2013		January 31, 2013
Assets:
Alternative energy	$	354,152	$	337,857
Real estate		9,650		13,326
Corporate		46,903		54,147
Total assets	$	410,705	$	405,330

	Three Months Ended October 31,						Nine Months Ended October 31,
	2013			2012			2013			2012
Sales of products alternative energy segment:
Ethanol		76	%		74	%		75	%		76	%
Dried distillers grains		19	%		19	%		18	%		18	%
Modified distillers grains		2	%		4	%		4	%		3	%
Other		3	%		3	%		3	%		3	%
Total		100	%		100	%		100	%		100	%
Sales of services real estate segment:
Lease revenue		100	%		100	%		100	%		100	%

Certain corporate costs and expenses, including information technology, employee benefits and other shared services are allocated to the business segments. The allocations are generally amounts agreed upon by management and are based on a reasonable and systematic approach, which may differ from amounts that would be incurred if such services were purchased separately by the business segment. Corporate assets are primarily cash.

Cash, except for cash held by One Earth and NuGen, is considered to be fungible and available for both corporate and segment use depending on liquidity requirements. Cash of approximately $47.4 million held by One Earth and NuGen will be used by the subsidiaries primarily to fund liquidity requirements and maintain adequate working capital levels.