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Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Jul. 31, 2015
Jul. 31, 2014
Income Statement [Abstract]        
Net sales $ 67,518 $ 94,485 $ 137,791 $ 196,995
Cost of sales 49,660 68,827 99,574 139,571
Gross profit 17,858 25,658 38,217 57,424
Research and development expenses 3,216 4,385 6,752 9,357
Selling, general, and administrative expenses 8,213 10,577 17,822 20,839
Operating income 6,429 10,696 13,643 27,228
Other (expense), net (266) (59) (310) (138)
Income before income taxes 6,163 10,637 13,333 27,090
Income taxes 1,942 2,890 4,251 8,309
Net income 4,221 7,747 9,082 18,781
Net income attributable to the noncontrolling interest 30 28 36 24
Net income attributable to Raven Industries, Inc. $ 4,191 $ 7,719 $ 9,046 $ 18,757
Net income per common share:        
Basic (in dollars per share) $ 0.11 $ 0.21 $ 0.24 $ 0.51
Diluted (in dollars per share) 0.11 0.21 0.24 0.51
Cash dividends paid per common share (in dollars per share) $ 0.13 $ 0.12 $ 0.26 $ 0.24
Comprehensive income:        
Net income $ 4,221 $ 7,747 $ 9,082 $ 18,781
Other comprehensive income (loss), net of tax:        
Foreign currency translation (105) (199) (174) (125)
Postretirement benefits, net of income tax (expense) benefit of $(62), $12, $(33), and $26, respectively 146 26 201 50
Other comprehensive income (loss), net of tax 41 (173) 27 (75)
Comprehensive income 4,262 7,574 9,109 18,706
Comprehensive income attributable to noncontrolling interest 30 28 36 24
Comprehensive income attributable to Raven Industries, Inc. $ 4,232 $ 7,546 $ 9,073 $ 18,682