Segment Reporting

9 Months Ended

Oct. 31, 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						Nine Months Ended
	October 31, 2014			October 31, 2013			October 31, 2014			October 31, 2013
Net sales
Applied Technology Division	$	33,161		$	43,797		$	115,696		$	134,069
Engineered Films Division	41,249			40,241			125,755			111,998
Aerostar Division	19,257			24,269			56,179			66,706
Intersegment eliminations (a)	(2,375		)	(3,369		)	(9,343		)	(10,734		)
Consolidated net sales	$	91,292		$	104,938		$	288,287		$	302,039
Operating income
Applied Technology Division	$	6,447		$	15,149		$	31,132		$	46,176
Engineered Films Division	5,486			5,241			17,165			14,765
Aerostar Division	3,027			2,714			4,666			5,484
Intersegment eliminations(a)	134			(23		)	114			(61		)
Total reportable segment income	15,094			23,081			53,077			66,364
Administrative and general expenses	(4,935		)	(4,949		)	(15,690		)	(14,730		)
Consolidated operating income	$	10,159		$	18,132		$	37,387		$	51,634

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