Company: REX
Filing Date: 2025-06-04
Form Type: 10-Q
Source: 0000930413-25-001941
Chunk: 2

Company: REX AMERICAN RESOURCES Corp
Filing Date: 2025-06-04
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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 income taxes 
     (2,954)  
     (3,690) 

    Net income 
     10,672  
     12,273 

    Net income attributable to non-controlling interests 
     (1,994)  
     (2,082) 

    Net income attributable to REX common shareholders 
    $8,678  
    $10,191 

    Weighted average shares outstanding – basic 
     16,939  
     17,546 

    Basic net income per share attributable to REX common shareholders 
    $0.51  
    $0.58 

    Weighted average shares outstanding – diluted 
     16,939  
     17,664 

    Diluted net income per share attributable to REX common shareholders 
    $0.51  
    $0.58 

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

5

REX AMERICAN RESOURCES CORPORATION AND SUBSIDIARIES

Consolidated Condensed Statements of Equity

For the Three Months Ended April 30, 2025 and 2024

Unaudited

(In Thousands)

    REX Shareholders 

    Common Shares Issued  
    Treasury  
    Paid-in  
    Retained  
    Non-controlling  
    Total 

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Earnings  
    Interests  
    Equity 

    Balance at January 31, 2025 
     29,853  
    $299  
     12,659  
    $(206,360)  
    $6,470  
    $759,928  
    $83,265  
    $643,602 

    Net income 

     8,678  
     1,994  
     10,672 

    Treasury stock acquired 

     822  
     (32,727)  

     (32,727) 

    Non-controlling interests distribution and other 

     (2,005)  
     (2,005) 

    Issuance of equity awards and stock-based compensation expense 
     -  
     -  
     (100)  
     32