Income Per Share from Continuing Operations Attributable to REX Common Shareholders

6 Months Ended

Jul. 31, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 10. Income Per Share from Continuing Operations Attributable to REX Common Shareholders

The following table reconciles the computation of basic and diluted net income per share from continuing operations for the periods presented (in thousands, except per share amounts):

	Three Months Ended						Three Months Ended
	July 31, 2015						July 31, 2014
	Income		Shares		Per Share		Income		Shares		Per Share
Basic income per share from continuing operations attributable to REX common shareholders	$	16,367		7,580	$	2.16	$	21,914		8,182	$	2.68
Effect of restricted stock		—		—				—		—
Diluted income per share from continuing operations attributable to REX common shareholders	$	16,367		7,580	$	2.16	$	21,914		8,182	$	2.68

	Six Months Ended						Six Months Ended
	July 31, 2015						July 31, 2014
	Income		Shares		Per Share		Income		Shares		Per Share
Basic income per share from continuing operations attributable to REX common shareholders	$	20,294		7,737	$	2.62	$	43,653		8,150	$	5.36
Effect of restricted stock		—		—				—		16
Diluted income per share from continuing operations attributable to REX common shareholders	$	20,294		7,737	$	2.62	$	43,653		8,166	$	5.35

For the three and six months ended July 31, 2015, there were no shares subject to outstanding options. For the three and six months ended July 31, 2014, all shares subject to outstanding options were dilutive. As historical discontinued operations are immaterial, there is no difference between earnings per share from continuing operations and earnings per share attributable to REX common shareholders.