Net Income per Share (Tables)

3 Months Ended

Apr. 30, 2012

Net Income Per Share [Abstract]

Schedule of calculation of numerator and denominator in earnings per share

Details of the computation are presented below:

	Three Months Ended
	April 30, 2012		April 30, 2011
Numerator:
Net income attributable to Raven Industries, Inc.	$	19,043	$	15,716
Denominator:
Weighted average common shares outstanding	18,122		18,075
Weighted average stock units outstanding	25		27
Denominator for basic calculation	18,147		18,102
Weighted average common shares outstanding	18,122		18,075
Weighted average stock units outstanding	25		27
Dilutive impact of stock options and restricted units	114		110
Denominator for diluted calculation	18,261		18,212
Net income per share - basic	$	1.05	$	0.87
Net income per share - diluted	$	1.04	$	0.86