Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 30, 2025	Jan. 31, 2025
Current assets:
Cash and cash equivalents	$ 159,913	$ 196,255
Short-term investments	155,979	162,820
Accounts receivable	27,976	21,511
Inventory	30,509	31,676
Refundable income taxes	7,360	6,445
Prepaid expenses and other	17,030	17,112
Total current assets	398,767	435,819
Property and equipment, net	215,605	210,683
Operating lease right-of-use assets	22,600	20,985
Finance lease right-of-use assets	18,981
Other assets	1,081	16,721
Equity method investment	36,806	35,800
Total assets	693,840	720,008
Current liabilities:
Accounts payable – trade (includes $2.2 million and $1.4 million with related parties at April 30, 2025 and January 31, 2025, respectively)	21,031	28,337
Current operating lease liabilities	6,683	5,746
Current finance lease liabilities	469
Accrued expenses and other current liabilities	14,392	16,360
Total current liabilities	42,575	50,443
Long-term liabilities:
Deferred taxes	5,269	3,562
Long-term operating lease liabilities	16,129	15,367
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
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