Argan, Inc. (AGX) financial statements (2022 and earlier)
Company profile
| Business Address |
ONE CHURCH STREET SUITE 201 ROCKVILLE, MD 20850 |
| State of Incorp. | DE |
| Fiscal Year End | January 31 |
| SIC | 17 - Construction Special Trade Contractors (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 10/31/2021 TTM | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 456,726 | 327,862 | 296,531 | 434,015 | 522,994 | 275,007 | |||
| Cash and cash equivalents | 366,671 | 167,363 | 164,318 | 122,107 | 167,198 | 160,909 | |||
| Short-term investments | 90,055 | 160,499 | 132,213 | 311,908 | 355,796 | 114,098 | |||
| Receivables | 28,713 | 37,192 | 36,174 | 94,440 | 54,836 | 66,159 | |||
| Prepaid expense | 7,900 | 3,900 | 3,311 | ||||||
| Contract with customer, asset | 26,635 | 33,379 | ✕ | ✕ | ✕ | ||||
| Deferred tax assets | ✕ | ✕ | ✕ | 1,111 | |||||
| Other current assets | 34,146 | 23,322 | 25,286 | ||||||
| Other undisclosed current assets | 58,357 | 9,396 | 6,219 | 6,135 | |||||
| Total current assets: | 546,220 | 421,755 | 416,348 | 545,751 | 587,949 | 351,723 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 3,760 | ✕ | ✕ | ✕ | ✕ | ||||
| Property, plant and equipment | 20,361 | 22,539 | 19,778 | 15,299 | 13,112 | 12,308 | |||
| Intangible assets, net (including goodwill) | 32,040 | 32,944 | 38,975 | 41,478 | 43,094 | 46,749 | |||
| Goodwill | 27,943 | 27,943 | 32,838 | 34,329 | 34,913 | 37,405 | |||
| Intangible assets, net (excluding goodwill) | 4,097 | 5,001 | 6,137 | 7,149 | 8,181 | 9,344 | |||
| Deferred income tax assets | 249 | ✕ | ✕ | ✕ | ✕ | ||||
| Other noncurrent assets | 290 | 426 | 92 | 122 | |||||
| Deferred tax assets, net | ✕ | ✕ | ✕ | 1,257 | 439 | ||||
| Other undisclosed noncurrent assets | 10,302 | ||||||||
| Total noncurrent assets: | 56,410 | 65,785 | 60,300 | 57,642 | 56,298 | 59,179 | |||
| TOTAL ASSETS: | 602,630 | 487,540 | 476,648 | 603,393 | 644,247 | 410,902 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 104,045 | 71,349 | 73,927 | 135,598 | 141,483 | 81,849 | |||
| Accounts payable | 53,295 | 35,442 | 44,427 | 100,238 | 101,944 | 46,395 | |||
| Accrued liabilities | 50,750 | 35,907 | 29,500 | 35,360 | 39,539 | 35,454 | |||
| Deferred revenue | 172,042 | ✕ | ✕ | ✕ | ✕ | ||||
| Contract with customer, liability | ✕ | ✕ | 72,685 | ✕ | ✕ | ✕ | |||
| Other undisclosed current liabilities | 8,349 | 108,388 | 209,241 | 105,863 | |||||
| Total current liabilities: | 276,087 | 144,034 | 82,276 | 243,986 | 350,724 | 187,712 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 4,135 | 2,476 | 1,279 | 954 | 1,335 | ||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 1,279 | 954 | 1,335 | |||
| Other liabilities | 4,135 | 2,476 | |||||||
| Total noncurrent liabilities: | 4,135 | 2,476 | 1,279 | 954 | 1,335 | ||||
| Total liabilities: | 280,222 | 146,510 | 82,276 | 245,265 | 351,678 | 189,047 | |||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 320,667 | 339,249 | 394,568 | 358,085 | 291,632 | 218,516 | |||
| Common stock | 2,356 | 2,346 | 2,337 | 2,336 | 2,319 | 2,226 | |||
| Additional paid in capital | 153,282 | 148,713 | 144,961 | 143,215 | 135,426 | 117,274 | |||
| Accumulated other comprehensive income (loss) | (1,081) | (1,116) | (346) | 1,422 | (762) | (565) | |||
| Retained earnings | 166,110 | 189,306 | 247,616 | 211,112 | 154,649 | 99,581 | |||
| Stockholders' equity attributable to noncontrolling interest | 1,741 | 1,781 | (196) | 43 | 937 | 3,339 | |||
| Total stockholders' equity: | 322,408 | 341,030 | 394,372 | 358,128 | 292,569 | 221,855 | |||
| TOTAL LIABILITIES AND EQUITY: | 602,630 | 487,540 | 476,648 | 603,393 | 644,247 | 410,902 | |||
Income statement (P&L) ($ in thousands)
| 10/31/2021 TTM | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 392,206 | 238,997 | 482,153 | 892,815 | 675,047 | 413,275 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 892,815 | 675,047 | 413,275 | |
| Cost of revenue | (330,139) | (245,817) | (399,715) | (743,490) | (528,336) | (313,810) | ||
| Cost of goods and services sold | (1,900) | (3,400) | (3,100) | (743,490) | (528,336) | (313,810) | ||
| Gross profit: | 62,067 | (6,820) | 82,438 | 149,325 | 146,711 | 99,465 | ||
| Operating expenses | (39,041) | (49,020) | (42,201) | (42,348) | (34,457) | (25,060) | ||
| Operating income (loss): | 23,026 | (55,840) | 40,237 | 106,977 | 112,254 | 74,405 | ||
| Nonoperating income (Other Nonoperating income) | 1,859 | 8,075 | 6,981 | 5,648 | 2,278 | 752 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 24,885 | (47,765) | 47,218 | 112,625 | 114,532 | 75,157 | ||
| Other undisclosed income from continuing operations before income taxes | 349 | |||||||
| Income (loss) from continuing operations before income taxes: | 24,885 | (47,765) | 47,218 | 112,625 | 114,532 | 75,506 | ||
| Income tax expense (benefit) | (1,074) | 7,053 | 4,651 | (40,279) | (37,106) | (25,302) | ||
| Net income (loss): | 23,811 | (40,712) | 51,869 | 72,346 | 77,426 | 50,204 | ||
| Net income (loss) attributable to noncontrolling interest | 40 | (1,977) | 167 | (335) | (7,098) | (13,859) | ||
| Net income (loss) available to common stockholders, diluted: | 23,851 | (42,689) | 52,036 | 72,011 | 70,328 | 36,345 | ||
Comprehensive Income ($ in thousands)
| 10/31/2021 TTM | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 23,811 | (40,712) | 51,869 | 72,346 | 77,426 | 50,204 | ||
| Other undisclosed comprehensive income (loss) | 75 | (2,747) | (1,601) | 1,849 | (7,295) | |||
| Comprehensive income (loss): | 23,886 | (43,459) | 50,268 | 74,195 | 70,131 | 50,204 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 40 | (1,977) | 167 | (335) | (7,098) | (13,859) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 23,926 | (45,436) | 50,435 | 73,860 | 63,033 | 36,345 | ||
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.