ARGAN INC (AGX) [Rocket]

In millions, except per share items	Jan-31-22	Jan-31-21	Jan-31-20	Jan-31-19	Jan-31-18	Jan-31-17	Jan-31-16	Jan-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
ASSETS
CURRENT ASSETS
Cash and cash equivalents	350.5	366.7	167.4	164.3	122.1	167.2	160.9	333.7
Short-term investments	90.0	90.1	160.5	132.2	311.9	355.8	114.1
Accounts receivable, net	27.0	28.7	37.2	36.2	26.3	54.8	64.2	27.3
Contract assets	4.9	26.6	33.4	58.4	13.8
Other current assets	34.9	34.1	23.3	25.3	10.9	6.9	7.3	1.1
TOTAL CURRENT ASSETS	507.3	546.2	421.8	416.3	485.0	587.9	350.6	364.4
Property, plant and equipment, net	10.5	20.4	22.5	19.8	15.3	13.1	12.3	6.5
Goodwill	28.0	27.9	27.9	32.8	34.3	34.9	37.4	18.5
Intangible assets, net	3.3	4.1	5.0	6.1	7.1	8.2	9.3	1.8
Deferred taxes, net	0.5	0.2	7.9	1.3	0.4	0.2
TOTAL ASSETS	553.6	602.6	487.5	476.6	542.7	644.5	409.8	391.2

LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
Accounts payable	41.8	53.3	35.4	39.9	100.2	101.9	46.4	37.7
Accrued expenses	53.3	50.8	35.9	33.1	35.4	39.5	35.5	16.0
Contract liabilities	127.9	172.0	72.7	8.3	47.7
TOTAL CURRENT LIABILITIES	223.0	276.1	144.0	81.3	183.3	350.7	187.7	215.4
TOTAL LIABILITIES	228.0	280.2	146.5	82.3	184.5	351.9	187.9	216.2

COMMITMENTS AND CONTINGENCIES (see Notes 7 and 8)
STOCKHOLDERS' EQUITY
Preferred stock, par value $0.10 per share - 500,000 shares authorized; no shares issued and outstanding
Common stock, par value $0.15 per share	2.4	2.4	2.3	2.3	2.3	2.3	2.2	2.2
Additional paid-in capital	158.2	153.3	148.7	145.0	143.2	135.4	117.3	109.7
Retained earnings	188.7	166.1	189.3	247.6	211.1	154.6	99.6	73.6
Less treasury stock, at cost - 2,413,885 and 2,386,699 shares at April 30, 2023 and January 31, 2023, respectively	-20.4	0.0						0.0
Accumulated other comprehensive loss	-2.5	-1.1	-1.1	-0.3	1.4	-0.8	-0.6
TOTAL STOCKHOLDERS' EQUITY	326.4	320.7	339.2	394.6	358.1	291.6	218.5	185.5
TOTAL EQUITY	325.6	322.4	341.0	394.4	358.1	292.6	221.9	175.0
TOTAL LIABILITIES AND EQUITY	553.6	602.6	487.5	476.6	542.7	644.5	409.8	391.2