Argan inc (AGX)
Balance Sheet / TTM
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Jan'11
ASSETS
CURRENT ASSETS
Cash and cash equivalents

167,363

252,482

170,710

132,388

164,318

155,791

165,766

151,523

122,107

149,708

153,225

167,347

167,198

170,775

162,855

191,430

160,909

176,838

182,136

274,528

333,691

361,021

345,158

313,761

272,209

206,350

152,917

169,387

175,142

196,056

186,834

175,309

156,524

138,048

106,890

83,292

Short-term investments

160,499

42,107

62,914

123,376

132,213

158,996

195,976

214,058

311,908

333,973

403,925

396,092

355,796

275,545

220,297

128,225

114,098

104,097

117,064

56,017

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,243

Accounts receivable, net

37,192

34,880

45,989

48,203

36,174

43,612

46,137

35,623

26,287

83,681

72,517

71,331

54,836

42,886

32,706

70,903

64,185

41,137

38,839

34,500

27,330

22,905

34,217

28,684

23,687

20,609

15,101

19,392

24,879

25,761

22,065

18,516

16,053

17,185

11,367

13,099

Contract assets

33,379

50,365

51,742

48,536

58,357

55,628

34,792

50,579

13,847

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs and estimated earnings in excess of billings

-

-

-

-

-

-

-

-

-

10,197

8,194

4,357

3,192

4,642

3,052

4,077

4,078

3,565

2,943

595

455

314

430

200

527

276

509

1,062

1,178

1,000

4,790

2,466

2,781

5,661

560

1,443

Notes receivable and accrued interest, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,841

6,281

2,025

1,786

1,711

-

-

204

5,435

9,691

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,018

-

-

-

-

-

517

341

-

178

311

133

1,095

1,303

991

739

784

691

292

0

91

Prepaid expenses and other current assets

-

-

-

-

-

-

10,542

13,849

-

6,236

4,766

4,544

6,927

6,122

5,004

5,481

7,342

2,978

2,856

4,340

1,092

1,977

2,575

2,749

1,754

2,718

3,231

6,096

1,606

1,916

3,106

2,107

4,528

4,882

3,344

520

Other current assets

23,322

26,066

21,782

20,658

25,286

25,465

-

-

10,878

-

-

-

-

-

-

-

-

-

-

-

-

-

1,084

2,312

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

383

695

6,354

TOTAL CURRENT ASSETS

421,755

405,900

353,137

373,161

416,348

439,492

453,213

465,632

485,027

583,795

642,627

643,671

587,949

499,970

423,914

401,134

350,612

335,456

350,119

372,005

364,354

388,445

383,805

347,706

298,559

235,699

181,582

197,032

204,108

225,724

217,534

199,182

180,577

166,451

122,856

106,042

Property, plant and equipment, net

22,539

23,211

20,903

20,850

19,778

19,866

18,882

18,175

15,299

15,257

14,821

14,434

13,112

13,435

13,122

12,184

12,308

5,177

5,189

7,606

6,518

5,551

4,052

4,107

4,183

4,124

4,188

7,399

9,468

8,270

6,269

3,775

2,761

1,268

1,306

1,478

Goodwill

27,943

30,766

30,766

30,766

32,838

34,329

34,329

34,329

34,329

34,913

34,913

34,913

34,913

34,913

34,780

36,813

37,405

22,525

22,887

18,476

18,476

18,476

18,476

18,476

18,476

18,476

18,476

18,476

18,476

18,476

18,476

18,476

18,476

18,476

18,476

18,476

Other purchased intangible assets, net

5,001

5,273

5,545

5,838

6,137

6,390

6,643

6,896

7,149

7,405

7,663

7,998

8,181

8,506

8,738

9,023

9,344

2,105

1,863

1,785

1,845

1,906

1,967

2,028

2,088

2,149

2,210

2,270

2,331

2,392

2,453

2,513

2,574

2,646

2,733

2,908

Deferred taxes

7,894

5,911

7,979

998

1,257

315

342

435

439

383

434

8,634

241

1,980

435

-

-

-

-

-

-

-

-

-

-

-

292

409

341

123

731

743

864

817

923

1,013

Right-of-use and other assets (Note 10)

2,408

1,338

1,043

1,186

290

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

318

351

362

-

377

394

411

426

548

514

276

92

39

105

112

122

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26

27

-

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

204

625

TOTAL ASSETS

487,540

472,717

419,724

433,161

476,648

500,769

513,803

525,878

542,669

642,301

700,972

709,926

644,488

558,843

481,094

459,266

409,791

365,263

380,058

399,872

391,193

414,378

408,300

372,317

323,306

260,448

206,748

225,586

234,724

254,985

245,463

224,689

205,252

189,684

146,525

130,542

LIABILITIES AND EQUITY CURRENT LIABILITIES
Accounts payable

35,442

38,249

26,028

34,426

39,870

64,987

84,239

97,453

100,238

114,448

131,001

118,077

101,944

91,487

60,207

50,804

46,395

35,089

32,392

29,914

37,691

44,941

39,937

25,677

22,589

18,978

17,510

28,474

32,699

43,790

44,579

28,198

29,524

26,733

14,700

8,555

Dividends payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,379

-

-

-

10,166

-

-

-

10,640

-

-

-

8,359

-

-

-

6,804

-

-

Accrued expenses

35,907

22,287

30,928

29,700

33,097

25,111

31,218

37,397

35,360

31,005

33,116

32,258

39,539

38,061

42,362

32,928

35,454

20,362

24,022

19,061

15,976

15,228

7,971

3,630

7,912

9,592

8,026

9,075

9,488

8,315

8,180

4,925

6,751

6,217

4,914

13,035

Contract liabilities

72,685

58,421

1,758

6,900

8,349

9,778

24,385

30,463

47,664

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Billings in excess of costs and estimated earnings

-

-

-

-

-

-

-

-

-

146,863

190,581

234,344

209,241

160,985

121,130

134,621

105,863

85,034

114,587

162,973

161,564

156,159

181,584

177,517

134,736

75,215

40,075

61,485

73,359

82,558

80,279

85,997

68,004

53,855

26,122

9,916

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

559

656

462

201

-

-

819

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities related to assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

44

1,362

TOTAL CURRENT LIABILITIES

144,034

118,957

58,714

71,026

81,316

99,876

139,842

165,313

183,262

292,316

354,698

384,679

350,724

290,533

223,699

218,353

187,712

151,423

171,657

212,410

215,432

226,494

229,492

207,643

165,237

114,425

65,611

99,034

115,546

143,022

133,038

119,120

104,279

93,609

45,780

32,868

Lease liabilities (Note 10)

636

563

616

645

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred taxes

-

-

-

-

-

1,388

2,146

1,460

1,279

1,788

1,206

9,846

1,195

-

-

3,139

224

1,631

821

419

809

295

330

372

292

208

-

-

10

-

-

-

-

-

-

-

Other noncurrent liabilities (Note 10)

2,476

1,779

1,325

-

960

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

8

-

10

11

9

10

10

27

29

TOTAL LIABILITIES

146,510

121,299

60,655

71,671

82,276

101,264

141,988

166,773

184,541

294,104

355,904

394,525

351,919

290,533

223,699

221,492

187,936

153,054

172,478

212,829

216,241

226,789

229,822

208,015

165,529

114,633

65,617

99,042

115,556

143,032

133,049

119,129

104,289

93,619

45,807

32,897

COMMITMENTS AND CONTINGENCIES (Notes 10 and 11)

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

STOCKHOLDERS' EQUITY
Preferred stock, par value $0.10 per share - 500,000 shares authorized; no shares issued and outstanding

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, par value $0.15 per share - 30,000,000 shares authorized; 15,638,202 and 15,577,102 shares issued at January 31, 2020 and 2019, respectively; 15,634,969 and 15,573,869 shares outstanding at January 31, 2020 and 2019, respectively

2,346

2,346

2,346

2,346

2,337

2,336

2,336

2,336

2,336

2,333

2,331

2,323

2,319

2,292

2,255

2,229

2,226

2,224

2,219

2,201

2,195

2,180

2,166

2,156

2,143

2,130

2,103

2,096

2,096

2,091

2,062

2,052

2,049

2,042

2,042

2,040

Warrants outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

354

576

590

590

590

601

Additional paid-in capital

148,713

148,031

147,445

146,932

144,961

144,507

144,135

143,783

143,215

141,766

140,182

137,401

135,426

129,970

122,732

118,425

117,274

116,669

115,621

110,930

109,663

107,223

104,720

102,575

100,863

98,946

96,098

95,440

95,004

93,640

91,145

90,060

89,714

89,106

88,967

88,561

Retained earnings

189,306

200,401

211,167

213,921

247,616

253,716

225,174

212,095

211,112

204,095

202,413

175,274

154,649

134,298

131,485

111,811

99,581

92,853

92,418

81,117

73,614

67,616

65,360

56,810

53,335

44,171

42,884

30,260

23,850

17,289

19,583

13,382

8,944

4,360

9,152

6,476

Accumulated other comprehensive loss

-1,116

-1,171

-1,406

-1,400

-346

-942

150

843

1,422

-8

131

-658

-762

-757

-431

80

-565

-411

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Treasury stock, at cost - 3,233 shares at October 31 and January 31, 2015

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33

33

33

-

33

33

33

33

33

33

33

33

33

33

33

33

33

33

33

TOTAL STOCKHOLDERS' EQUITY

339,249

349,607

359,552

361,799

394,568

399,617

371,795

359,057

358,085

348,186

345,057

314,340

291,632

265,803

256,041

232,545

218,516

211,302

210,225

194,215

185,472

176,986

172,213

161,508

156,308

145,214

141,052

127,763

120,917

113,002

113,111

106,037

101,264

96,065

100,718

97,645

Non-controlling interests

1,781

1,811

-483

-309

-196

-112

20

48

43

11

11

1,061

937

2,507

1,354

5,229

3,339

907

-2,645

-7,172

-10,520

10,603

6,265

2,794

1,469

601

79

-1,219

-1,749

-1,049

-697

-477

-301

-

-

0

TOTAL EQUITY

341,030

351,418

359,069

361,490

394,372

399,505

371,815

359,105

358,128

348,197

345,068

315,401

292,569

268,310

257,395

237,774

221,855

212,209

207,580

187,043

174,952

187,589

178,478

164,302

157,777

145,815

141,131

126,544

119,168

111,953

112,414

105,560

100,963

-

-

97,645

TOTAL LIABILITIES AND EQUITY

487,540

472,717

419,724

433,161

476,648

500,769

513,803

525,878

542,669

642,301

700,972

709,926

644,488

558,843

481,094

459,266

409,791

365,263

380,058

399,872

391,193

414,378

408,300

372,317

323,306

260,448

206,748

225,586

234,724

254,985

245,463

224,689

205,252

189,684

146,525

130,542