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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Jan. 31, 2010
Net sales $ 381,511 $ 314,708 $ 237,782
Cost of sales 265,319 223,279 169,930
Gross profit 116,192 91,429 67,852
Research and development expenses 9,724 7,604 5,843
Selling, general and administrative expenses 30,827 24,073 18,789
Gain on disposition of assets 0 (451) 0
Operating income 75,641 60,203 [1] 43,220
Other income (expense), net 57 79 102
Income before income taxes 75,698 60,282 43,322
Income taxes 25,063 19,745 14,748
Net income 50,635 40,537 28,574
Net income attributable to the noncontrolling interest 66 0 0
Net income attributable to Raven Industries, Inc. 50,569 40,537 28,574
Net income per common share:      
Basic $ 2.79 $ 2.24 $ 1.58
Diluted $ 2.77 $ 2.24 $ 1.58
Comprehensive income:      
Net income 50,635 40,537 28,574
Other comprehensive income, net of tax:      
Foreign currency translation (38) 127 179
Postretirement benefits, net of income tax of $432, $25, and $122, respectively (804) (46) (226)
Other comprehensive income (loss), net of tax (842) 81 (47)
Comprehensive income 49,793 40,618 28,527
Comprehensive income attributable to noncontrolling interest 66 0 0
Comprehensive income attributable to Raven Industries, Inc. 49,727 40,618 28,527
Accumulated Other Comprehensive Income (Loss) [Member]
     
Other comprehensive income, net of tax:      
Other comprehensive income (loss), net of tax $ (842) $ 81 $ (47)
[1] Includes a $451 pre-tax gain on disposition of assets.