Company: REX
Filing Date: 2025-12-04
Form Type: 10-Q
Source: 0000930413-25-003566
Chunk: 28

Company: REX AMERICAN RESOURCES Corp
Filing Date: 2025-12-04
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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    $135,196  
    $427,735  
    $410,358 

    Gross profit 

    Ethanol and by-products 
    $93,974  
    $86,677  
    $150,123  
    $162,015 

    Reconciling Item: Equity method ethanol investment 
     (57,842) 
     (46,996) 
     (85,330) 
     (88,110)

    Total consolidated gross profit 
    $36,132  
    $39,681  
    $64,793  
    $73,905 

    Depreciation and amortization expense 

    Ethanol and by-products 
    $11,633  
    $9,883  
    $33,596  
    $39,393 

    Reconciling Item: Equity method ethanol investment 
     (5,591) 
     (5,235) 
     (16,781) 
     (22,768)

    Total consolidated depreciation and amortization expense 
    $6,042  
    $4,648  
    $16,815  
    $16,625 

    Income before taxes 

    Ethanol and by-products 
    $89,846  
    $84,406  
    $136,625  
    $159,091 

    Reconciling Item: Equity method ethanol investment 
     (54,389) 
     (44,901) 
     (75,445) 
     (84,127)

    Total consolidated income before income taxes 
     35,457  
     39,505  
     61,180  
     74,964 

    Provision for income taxes 
     (7,988) 
     (9,402) 
     (13,711) 
     (17,581)

    Total consolidated net income 
    $27,469  
    $30,103  
    $47,469  
    $57,383 

   (1) Expenses within “Other cost of sales” consist primarily of depreciation, other raw materials, third-party freight charges, purchasing and receiving costs, inspection costs, other distribution expenses, warehousing costs, plant repair and maintenance costs, production labor and related payroll costs, and general facility overhead