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Segment Reporting
6 Months Ended
Jul. 31, 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
 
Six Months Ended
 
July 31,
2015
 
July 31,
2014
 
July 31,
2015
 
July 31,
2014
Net sales
 
 
 
 
 
 
 
Applied Technology Division
$
20,411

 
$
36,247

 
$
52,821

 
$
82,535

Engineered Films Division
35,789

 
42,299

 
67,110

 
84,506

Aerostar Division
11,328

 
19,257

 
17,882

 
36,922

Intersegment eliminations (a)
(10
)
 
(3,318
)
 
(22
)
 
(6,968
)
Consolidated net sales
$
67,518

 
$
94,485

 
$
137,791

 
$
196,995

 
 
 
 
 
 
 
 
Operating income
 
 
 
 
 
 
 
Applied Technology Division (b)
$
4,041

 
$
8,829

 
$
12,782

 
$
24,685

Engineered Films Division
5,365

 
5,816

 
9,836

 
11,679

Aerostar Division (c)
1,314

 
1,628

 
461

 
1,639

Intersegment eliminations (a)
25

 
(82
)
 
84

 
(20
)
Total reportable segment income
10,745

 
16,191

 
23,163

 
37,983

Administrative and general expenses
(4,316
)
 
(5,495
)
 
(9,520
)
 
(10,755
)
Consolidated operating income
$
6,429

 
$
10,696

 
$
13,643

 
$
27,228


(a) Fiscal 2016 intersegment 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.
(b) Includes gains of $247 and $611 for the three- and six-month periods ended July 31, 2015, respectively, on disposal of assets related to the exit of contract manufacturing operations.
(c) Includes $(70) loss for both the three- and six-month periods ended July 31, 2015 on disposal of an idle manufacturing plant held for sale.