Segment Reporting

3 Months Ended

Apr. 30, 2015

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, 2015			April 30, 2014
Net sales
Applied Technology Division	$	32,410		$	46,288
Engineered Films Division	31,321			42,207
Aerostar Division	6,554			17,665
Intersegment eliminations (a)	(12		)	(3,650		)
Consolidated net sales	$	70,273		$	102,510
Operating income
Applied Technology Division	$	8,741		$	15,856
Engineered Films Division	4,471			5,863
Aerostar Division	(853		)	11
Intersegment eliminations(a)	59			62
Total reportable segment income	12,418			21,792
Administrative and general expenses	(5,204		)	(5,260		)
Consolidated operating income	$	7,214		$	16,532

^(a)Fiscal 2016intersegment sales were primarily sales from Engineered Films to Aerostar. Fiscal 2015 intersegment sales were comprised primarily of contract manufacturing sales from Aerostar to Applied Technology.