REX AMERICAN RESOURCES Corp
For the period ended Apr 30, 2025. Filed Jun 4, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 30, 2025 · Filed Jun 4, 2025
REX$39.82-1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows
Unaudited
| (In Thousands) | Three Months Ended April 30, | |||
|---|---|---|---|---|
| 2025 · 2024 | ||||
| Cash flows from operating activities: | ||||
| Net income including non-controlling interests | $10,672 | $12,273 | ||
| Adjustments to reconcile net income to net cash used in operating activities: | ||||
| Depreciation | 3,467 | 4,414 | ||
| Amortization of operating lease right-of-use assets | 1,552 | 1,478 | ||
| Income from equity method investments | (1,006) | (1,718) | ||
| Interest income from investments | (1,740) | (1,816) | ||
| Deferred income tax | 1,707 | 2,479 | ||
| Stock-based compensation expense | 394 | 716 | ||
| Changes in assets and liabilities: | ||||
| Accounts receivable | (6,465) | 1,650 | ||
| Inventories | 1,167 | (116) | ||
| Refundable income taxes | (915) | 1,142 | ||
| Other assets | 69 | (3,797) | ||
| Accounts payable, trade | (8,852) | (12,733) | ||
| Long-term taxes payable | 279 | - | ||
| Other liabilities | (3,805) | (6,235) | ||
| Net cash used in operating activities | (3,476) | (2,263) | ||
| Cash flows from investing activities: | ||||
| Capital expenditures | (6,900) | (24,832) | ||
| Purchase of short-term investments | (41,419) | (84,978) | ||
| Maturity of short-term investments | 50,000 | 121,490 | ||
| Deposits | 128 | 215 | ||
| Net cash provided by investing activities | 1,809 | 11,895 | ||
| Cash flows from financing activities: | ||||
| Treasury stock acquired | (32,670) | - | ||
| Payments to non-controlling interests holders | (2,005) | (1,829) | ||
| Net cash used in financing activities | (34,675) | (1,829) | ||
| Net (decrease) increase in cash and cash equivalents | (36,342) | 7,803 | ||
| Cash and cash equivalents, beginning of period | 196,255 | 223,397 | ||
| Cash and cash equivalents, end of period | $159,913 | $231,200 | ||
| Non-cash investing activities – Accrued capital expenditures | $2,717 | $3,938 | ||
| Non-cash investing activities – Capital additions transferred from prepaid expense | $76 | $ | - | |
| Non-cash financing activities – Stock awards accrued | $301 | $358 | ||
| Non-cash financing activities – Stock repurchases accrued | $577 | $ | - | |
| Non-cash financing activities – Excise tax on stock repurchases accrued | $261 | $ | - | |
| Prepaid lease payment, prior to lease commencement | $ | - | $15,600 | |
| Operating right-of-use assets acquired and liabilities incurred upon lease execution | $3,007 | $ | - | |
| Finance right-of-use assets acquired and liabilities incurred upon lease execution | $3,381 | $ | - | |
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