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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jul. 31, 2014
Jul. 31, 2013
Jul. 31, 2014
Jul. 31, 2013
Net sales and revenue $ 150,231,000 $ 175,389,000 $ 306,167,000 $ 353,813,000
Cost of sales 111,413,000 164,511,000 230,724,000 333,937,000
Gross profit 38,818,000 10,878,000 75,443,000 19,876,000
Selling, general and administrative expenses (4,839,000) (4,194,000) (11,010,000) (7,935,000)
Equity in income of unconsolidated affiliates 7,245,000 4,628,000 15,542,000 6,227,000
Interest and other income 88,000 45,000 140,000 86,000
Interest expense (591,000) (1,029,000) (1,283,000) (2,084,000)
Losses on derivative financial instruments, net (1,000) (10,000) (5,000) (6,000)
Income from continuing operations before income taxes 40,720,000 10,318,000 78,827,000 16,164,000
Provision for income taxes (14,009,000) (3,694,000) (27,925,000) (5,763,000)
Income from continuing operations 26,711,000 6,624,000 50,902,000 10,401,000
Income from discontinued operations, net of tax 2,000 120,000 11,000 285,000
Gain on disposal of discontinued operations, net of tax 5,000 1,000 5,000 132,000
Net income 26,718,000 6,745,000 50,918,000 10,818,000
Net income attributable to noncontrolling interests (4,811,000) (920,000) (7,269,000) (1,486,000)
Net income attributable to REX common shareholders 21,907,000 5,825,000 43,649,000 9,332,000
Weighted average shares outstanding – basic (in Shares) 8,182 8,164 8,150 8,161
Basic income per share from continuing operations attributable to REX common shareholders (in Dollars per share) $ 2.68 $ 0.70 $ 5.36 $ 1.09
Basic income per share from discontinued operations attributable to REX common shareholders (in Dollars per share)   $ 0.01   $ 0.03
Basic income per share on disposal of discontinued operations attributable to REX common shareholders (in Dollars per share)       $ 0.02
Basic net income per share attributable to REX common shareholders (in Dollars per share) $ 2.68 $ 0.71 $ 5.36 $ 1.14
Weighted average shares outstanding – diluted (in Shares) 8,182 8,204 8,166 8,204
Diluted income per share from continuing operations attributable to REX common shareholders (in Dollars per share) $ 2.68 $ 0.70 $ 5.35 $ 1.09
Diluted income per share from discontinued operations attributable to REX common shareholders (in Dollars per share)   $ 0.01   $ 0.03
Diluted income per share on disposal of discontinued operations attributable to REX common shareholders (in Dollars per share)       $ 0.02
Diluted net income per share attributable to REX common shareholders (in Dollars per share) $ 2.68 $ 0.71 $ 5.35 $ 1.14
Amounts attributable to REX common shareholders:        
Income from continuing operations, net of tax 21,900,000 5,704,000 43,633,000 8,915,000
Income from discontinued operations, net of tax 7,000 121,000 16,000 417,000
Net income $ 21,907,000 $ 5,825,000 $ 43,649,000 $ 9,332,000