Related-Party Transactions

3 Months Ended

Apr. 30, 2020

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

Note 13. Related-Party Transactions

During the first quarters of fiscal years 2020 and 2019, One Earth and NuGen purchased approximately $12.3 million and approximately $46.7 million, respectively, of corn (and other supplies) from minority equity investors and board members of those subsidiaries. The Company had amounts payable to related parties of approximately $0.1 million and approximately $0.7 million at April 30, 2020 and January 31, 2020, respectively.

During the first quarters of fiscal years 2020 and 2019, the Company recognized commission income of approximately $0.3 million and expense of approximately $0.1 million, respectively, payable to the minority investor in the refined coal entity. The commission income or expense is associated with the refined coal acquisition. The Company had accrued liabilities and accounts payable related to the commission income or expense of approximately $0.2 million and approximately $0.5 million at April 30, 2020 and January 31, 2020, respectively.