Company: REX
Filing Date: 2025-09-02
Form Type: 10-Q
Source: 0000930413-25-002856
Chunk: 1

Company: REX AMERICAN RESOURCES Corp
Filing Date: 2025-09-02
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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    Long-term finance lease liabilities 
     2,853  
     - 

    Long-term taxes payable 
     4,560  
     4,334 

    Other long-term liabilities 
     2,763  
     2,700 

    Total long-term liabilities 
     32,521  
     25,963 

    Equity 

    REX shareholders’ equity: 

    Common stock 
     299  
     299 

    Paid-in capital 
     8,037  
     6,470 

    Retained earnings 
     775,717  
     759,928 

    Treasury stock 
     (238,287)  
     (206,360) 

    Total REX shareholders’ equity 
     545,766  
     560,337 

    Noncontrolling interests 
     85,224  
     83,265 

    Total equity 
     630,990  
     643,602 

    Total liabilities and equity 
    $700,596  
    $720,008 

The accompanying notes are an integral
part of 	these unaudited consolidated financial statements.

4

REX AMERICAN RESOURCES CORPORATION AND SUBSIDIARIES

Consolidated Statements of Operations

Unaudited

    (In Thousands, Except Per Share Amounts) 
    Three Months Ended July 31,  
    Six Months Ended July 31, 

    2025  
    2024  
    2025  
    2024 

    Net sales and revenue 
    $158,563  
    $148,155  
    $316,903  
    $309,386 

    Cost of sales (includes $29,004 and $28,340 with related parties for the three months ended July 31, 2025 and 2024, respectively, and $53,853 and $58,987 with related parties for the six months ended July 31, 2025 and 2024, respectively.) 
     144,244  
     128,382  
     288,242  
     275,162 

    Gross profit 
     14,319  
     19,773  
     28,661  
     34,224