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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 31, 2016
Oct. 31, 2015
Oct. 31, 2016
Oct. 31, 2015
REVENUES        
Revenues $ 175,444 $ 113,967 $ 468,287 $ 296,888
COST OF REVENUES        
Cost of revenues 138,866 87,705 359,395 220,966
GROSS PROFIT 36,578 26,262 108,892 75,922
Impairment loss     1,979  
Selling, general and administrative expenses 9,848 5,590 24,429 15,977
INCOME FROM OPERATIONS 26,730 20,672 82,484 59,945
Other income, net 690 732 1,283 944
INCOME BEFORE INCOME TAXES 27,420 21,404 83,767 60,889
Income tax expense 8,194 7,045 27,122 19,845
NET INCOME 19,226 14,359 56,645 41,044
Net income attributable to noncontrolling interests 1,153 3,552 6,668 11,427
NET INCOME ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. 18,073 10,807 49,977 29,617
OTHER COMPREHENSIVE LOSS        
Foreign currency translation adjustments, net of tax (326) (404) (192) (410)
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC. $ 17,747 $ 10,403 $ 49,785 $ 29,207
EARNINGS PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC.        
Basic (in Dollars per share) $ 1.19 $ 0.73 $ 3.34 $ 2.01
Diluted (in Dollars per share) $ 1.16 $ 0.72 $ 3.23 $ 1.97
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING        
Basic (in shares) 15,137 14,810 14,974 14,732
Diluted (in shares) 15,601 15,066 15,490 15,004
CASH DIVIDENDS PER SHARE (Note 14) $ 1.00 $ 0.70 $ 1.00 $ 0.70
Power Industry Services        
REVENUES        
Revenues $ 151,094 $ 111,592 $ 402,615 $ 287,947
COST OF REVENUES        
Cost of revenues 118,407 86,103 302,140 214,618
GROSS PROFIT 32,687 25,489 100,475 73,329
Impairment loss     1,979  
Selling, general and administrative expenses 6,391 3,240 13,688 9,671
INCOME FROM OPERATIONS 26,296 22,249 84,808 63,658
Other income, net 654 304 1,192 683
INCOME BEFORE INCOME TAXES 26,950 22,553 86,000 64,341
Industrial Fabrication And Field Services        
REVENUES        
Revenues 21,550   59,287  
COST OF REVENUES        
Cost of revenues 18,386   52,491  
GROSS PROFIT 3,164   6,796  
Selling, general and administrative expenses 1,410   4,532  
INCOME FROM OPERATIONS 1,754   2,264  
INCOME BEFORE INCOME TAXES 1,754   2,264  
Telecommunications Infrastructure Services        
REVENUES        
Revenues 2,800 2,375 6,385 8,941
COST OF REVENUES        
Cost of revenues 2,073 1,602 4,764 6,348
GROSS PROFIT 727 773 1,621 2,593
Selling, general and administrative expenses 316 303 944 1,022
INCOME FROM OPERATIONS 411 470 677 1,571
INCOME BEFORE INCOME TAXES $ 411 $ 470 $ 677 $ 1,571