Company: REX
Filing Date: 2025-09-02
Form Type: 10-Q
Source: 0000930413-25-002856
Chunk: 38

Company: REX AMERICAN RESOURCES Corp
Filing Date: 2025-09-02
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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12,097  
    $19,496  
    $25,723  
    $35,459 

    Provision for income taxes 
    $(2,769) 
    $(4,489) 
    $(5,723) 
    $(8,179)

    Net income attributable to REX common shareholders 
    $7,111  
    $12,378  
    $15,789  
    $22,569 

The following table summarizes net sales
and revenue by product group (amounts in thousands):

    Three Months Ended July 31,
      
    Six Months Ended July 31,

    2025
      
    2024
      
    2025
      
    2024

    Ethanol 
    $123,312  
    $116,100  
    $247,709  
    $235,527 

    Dried distillers grains 
     21,260  
     21,847  
     43,546  
     52,533 

    Distillers corn oil 
     12,509  
     8,578  
     22,388  
     18,384 

    Modified distillers grains 
     1,251  
     1,123  
     2,873  
     2,320 

    Derivative financial instruments gains 
     201  
     429  
     218  
     436 

    Other 
     30  
     78  
     169  
     186 

    Total 
    $158,563  
    $148,155  
    $316,903  
    $309,386 

32

The following table summarizes selected operating
data:

    Three Months Ended July 31,
      
    Six Months Ended July 31,

     2025
      
     2024
      
     2025
      
     2024

    Average selling price per gallon of ethanol (net of hedging) 
    $1.75  
    $1.79  
    $1.75  
    $1.69 

    Gallons of ethanol sold (in millions) 
     70.6  
     65.1  
     141