Company: REX
Filing Date: 2025-06-04
Form Type: 10-Q
Source: 0000930413-25-001941
Chunk: 1

Company: REX AMERICAN RESOURCES Corp
Filing Date: 2025-06-04
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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    Long-term finance lease liabilities 
     2,912  
     - 

    Long-term taxes payable 
     4,613  
     4,334 

    Other long-term liabilities 
     2,706  
     2,700 

    Total long-term liabilities 
     31,629  
     25,963 

    Equity 

    REX shareholders’ equity: 

    Common stock 
     299  
     299 

    Paid-in capital 
     6,532  
     6,470 

    Retained earnings 
     768,606  
     759,928 

    Treasury stock 
     (239,055)  
     (206,360) 

    Total REX shareholders’ equity 
     536,382  
     560,337 

    Non-controlling interests 
     83,254  
     83,265 

    Total equity 
     619,636  
     643,602 

    Total liabilities and equity 
    $693,840  
    $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
April 30, 

    2025  
    2024 

    Net sales and revenue 
    $158,340  
    $161,231 

    Cost of sales (includes $24,849 and $30,647 with related parties for the three months ended April 30, 2025 and 2024, respectively.) 
     143,998  
     146,780 

    Gross profit 
     14,342  
     14,451 

    Selling, general and administrative expenses 
     (5,944)  
     (6,111) 

    Equity in income of unconsolidated affiliates 
     1,006  
     1,718 

    Interest and other income, net 
     4,222  
     5,905 

    Income before income taxes 
     13,626  
     15,963 

    Provision for