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Segment Reporting
 3 Months Ended
Apr. 30, 2012
Segment Reporting [Abstract]  
Segment Reporting
SEGMENT REPORTING

The company has four business segments: Applied Technology Division, Engineered Films Division, Aerostar Division, and Electronic Systems Division. The company's reportable segments are defined by their common technologies, production processes and inventories. These segments reflect Raven's organization into three Raven divisions and the Aerostar subsidiary. Raven Canada, Raven GmbH, Raven Australia, and Raven Brazil are included in the Applied Technology Division. Vista and AIS are included in the Aerostar Division. Substantially all of the company's long-lived assets are located in the United States.

The company measures the performance of its segments based on their operating income excluding administrative and general expenses. Other income, interest expense and income taxes are not allocated to individual operating segments, and assets not identifiable to an individual segment are included as corporate assets. Segment information is reported consistent with the company's management reporting structure.
Intersegment sales were primarily from Electronic Systems to Applied Technology. Business segment net sales and operating income results are as follows:
 
Three Months Ended
 
April 30,
2012
 
April 30,
2011
Net sales
 
 
 
Applied Technology
$
50,480

 
$
39,125

Engineered Films
41,094

 
30,091

Aerostar
10,801

 
15,139

Electronic Systems
19,120

 
19,477

Intersegment eliminations
(3,580
)
 
(2,291
)
Consolidated net sales
$
117,915

 
$
101,541

 
 
 
 
Operating income (loss)
 
 
 
Applied Technology
$
20,910

 
$
15,074

Engineered Films
9,179

 
4,129

Aerostar
(1,161
)
 
4,062

Electronic Systems
3,695

 
3,412

Intersegment eliminations
(31
)
 
12

Total reportable segment income
32,592

 
26,689

Administrative and general expenses
(4,160
)
 
(3,156
)
Consolidated operating income
$
28,432

 
$
23,533



Effective June 1, 2012, the company will realign the assets and team members of its Electronic Systems Division deploying them into the company's Aerostar and Applied Technology Divisions. This repositioning is expected to better align the company's corporate structure with its mission and long-term growth strategies. Approximately 75 percent of Electronic Systems net sales will go to Aerostar and the remaining balance, after adjustments to intersegment eliminations, to Applied Technology. After the realignment, the company will continue with its core growth divisions: Applied Technology, Engineered Films and Aerostar. The company's internal reporting (chief operating decision maker reports) will be changed to reflect this realignment during the second quarter of fiscal 2013. During the quarter ending July 31, 2012, the company will retrospectively adjust its segment information for all periods presented to reflect this change in segment reporting.