Segment Reporting

3 Months Ended

Apr. 30, 2013

Segment Reporting [Abstract]

Segment Reporting

SEGMENT REPORTING

The Company's reportable segments are defined by their product lines which have been grouped in these segments based on common technologies, production methods and inventories. The Company measures the performance of its segments based on their operating income excluding administrative and general expenses. Other 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.

Raven's reportable segments are Applied Technology Division, Engineered Films Division and Aerostar Division. The Company realigned the assets and team members of its Electronic Systems Division and deployed them into the Company's Aerostar and Applied Technology Divisions effective June 1, 2012. All prior period segment information has been adjusted to reflect this change.

Business segment net sales and operating income results are as follows:

	Three Months Ended
	April 30, 2013			April 30, 2012
Net sales
Applied Technology Division	$	51,181		$	53,741
Engineered Films Division	34,493			41,094
Aerostar Division	21,715			25,635
Intersegment eliminations (a)	(3,709		)	(2,555		)
Consolidated net sales	$	103,680		$	117,915
Operating income
Applied Technology Division	$	19,157		$	22,050
Engineered Films Division	4,754			9,179
Aerostar Division	1,806			1,442
Intersegment eliminations(a)	(21		)	(79		)
Total reportable segment income	25,696			32,592
Administrative and general expenses	(4,762		)	(4,160		)
Consolidated operating income	$	20,934		$	28,432

^(a) Intersegment sales were primarily from Aerostar to Applied Technology.