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EMPLOYEE BENEFITS
 12 Months Ended
Jan. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
13. EMPLOYEE BENEFITS

Stock Option Plans – The Company maintains the REX American Resources Corporation 1995 Omnibus Stock Incentive Plan and the REX American Resources Corporation 1999 Omnibus Stock Incentive Plan (the “Omnibus Plans”). Under the Omnibus Plans, the Company may grant to officers and key employees awards in the form of non-qualified stock options, stock appreciation rights, restricted stock, other stock-based awards and cash incentive awards. The Omnibus Plans also provide for yearly grants of non-qualified stock options to directors who are not employees of the Company. The exercise price of each option must be at least 100% of the fair market value of the Company’s common stock on the date of grant. A maximum of 4,500,000 shares of common stock are authorized for issuance under each of the Omnibus Plans. On January 31, 2014, 108,011 and 2,302,425 shares remain available for issuance under the 1995 and 1999 Plans, respectively. No awards under the Omnibus Plans have been awarded since fiscal year 2004.


The following summarizes stock option activity for fiscal years 2013, 2012 and 2011 (amounts in thousands, except per-share amounts):


    2013     2012     2011  
          Weighted           Weighted           Weighted  
          Average           Average           Average  
    Shares     Exercise     Shares     Exercise     Shares     Exercise  
    (000’s)     Price     (000’s)     Price     (000’s)     Price  
                                     
Outstanding—Beginning of year     169     $ 12.46       269     $ 13.15       726     $ 10.16  
Exercised     (85 )     12.55       (100 )     14.30       (457 )     8.41  
Canceled or expired     —       —       —       —       —       —  
                                                 
Outstanding—End of year     84     $ 12.37       169     $ 12.46       269     $ 13.15  
                                                 
Exercisable—End of year     84     $ 12.37       169     $ 12.46       269     $ 13.15  

Price ranges and other information for stock options outstanding as of January 31, 2014 were as follows (amounts in thousands, except per share amounts):


    Outstanding and Exercisable  
          Weighted     Weighted  
Range of         Average     Average  
Exercise   Shares     Exercise     Remaining  
Prices   (000’s)     Price     Life  

Minimum

 

Maximum

                       
$12.18
to
$12.45
    84     $ 12.37       0.3