Segment Reporting

3 Months Ended

Apr. 30, 2014

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. Raven's reportable segments are Applied Technology Division, Engineered Films Division and Aerostar Division. 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.

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

	Three Months Ended
	April 30, 2014			April 30, 2013
Net sales
Applied Technology Division	$	46,288		$	51,181
Engineered Films Division	42,207			34,493
Aerostar Division	17,665			21,715
Intersegment eliminations (a)	(3,650		)	(3,709		)
Consolidated net sales	$	102,510		$	103,680
Operating income
Applied Technology Division	$	15,856		$	19,157
Engineered Films Division	5,863			4,754
Aerostar Division	11			1,806
Intersegment eliminations(a)	62			(21		)
Total reportable segment income	21,792			25,696
Administrative and general expenses	(5,260		)	(4,762		)
Consolidated operating income	$	16,532		$	20,934

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