Segment Reporting

3 Months Ended

Apr. 30, 2016

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, Engineered Films, and Aerostar. 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, 2016			April 30, 2015
Net sales
Applied Technology	$	31,456		$	32,410
Engineered Films	29,100			31,321
Aerostar	7,895			6,554
Intersegment eliminations (a)	(91		)	(12		)
Consolidated net sales	$	68,360		$	70,273
Operating income
Applied Technology	$	8,693		$	8,741
Engineered Films	3,878			4,471
Aerostar	(621		)	(853		)
Intersegment eliminations(a)	(5		)	59
Total reportable segment income	11,945			12,418
Administrative and general expenses	(4,338		)	(5,204		)
Consolidated operating income	$	7,607		$	7,214

^(a)Intersegment sales for both fiscal 2017 and 2016 were primarily sales from Engineered Films to Aerostar.