REX AMERICAN RESOURCES Corp
For the period ended Apr 30, 2026. Filed Jun 2, 2026.
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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, 2026 · Filed Jun 2, 2026
REX$39.82-1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
Unaudited
| Three Months Ended April 30, | |||
|---|---|---|---|
| 2026 · 2025 | |||
| Cash flows from operating activities: | |||
| Net income | $21,678 | $10,672 | |
| Adjustments to reconcile net income to net cash used in operating activities: | |||
| Depreciation | 4,483 | 3,467 | |
| Noncash operating lease expense | 1,752 | 1,552 | |
| Amortization of finance lease right-of-use assets | 475 | - | |
| Stock-based compensation expense | 2,363 | 394 | |
| Income from equity method investments | (3,566) | (1,006) | |
| Interest income from investments | (2,025) | (1,740) | |
| Loss on disposal of property and equipment – net | 41 | - | |
| Deferred income taxes | (4,879) | 1,707 | |
| Changes in assets and liabilities: | |||
| Accounts receivable | (6,915) | (6,465) | |
| Inventory | 1,876 | 1,167 | |
| Prepaid expenses and other | (1,803) | 69 | |
| Refundable income taxes | 1,643 | (915) | |
| Accounts payable – trade | (8,596) | (8,852) | |
| Long-term taxes payable | - | 279 | |
| Accrued expenses and other liabilities | (8,616) | (3,805) | |
| Net cash used in operating activities | (2,089) | (3,476) | |
| Cash flows from investing activities: | |||
| Capital expenditures | (11,639) | (6,900) | |
| Purchases of short-term investments | (91,567) | (41,419) | |
| Maturities of short-term investments | 34,000 | 50,000 | |
| Proceeds from disposal of real estate and property and equipment | 299 | - | |
| Deposits | (8) | 128 | |
| Net cash (used in) provided by investing activities | (68,915) | 1,809 | |
| Cash flows from financing activities: | |||
| Treasury stock acquired | - | (32,670) | |
| Payments to noncontrolling interests holders | - | (2,005) | |
| Principal paid on finance lease liabilities | (62) | - | |
| Net cash used in financing activities | (62) | (34,675) | |
| Net decrease in cash and cash equivalents | (71,066) | (36,342) | |
| Cash and cash equivalents, beginning of period | 188,734 | 196,255 | |
| Cash and cash equivalents, end of period | $117,668 | $159,913 | |
| Non-cash investing activities – Accrued capital expenditures | $7,809 | $2,717 | |
| Non-cash investing activities – Capital additions transferred from prepaid expenses | $20 | $76 | |
| Non-cash financing activities – Stock awards accrued | $2,291 | $301 | |
| Non-cash financing activities – Stock repurchases accrued | $ | - | $577 |
| Non-cash financing activities – Excise tax on stock repurchases accrued | $ | - | $261 |
| Operating right-of-use assets acquired and liabilities incurred upon lease commencement | $ | - | $3,007 |
| Finance right-of-use assets acquired and liabilities incurred upon lease commencement | $ | - | $3,381 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.