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Segment Reporting
6 Months Ended
Jul. 31, 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
 
Six Months Ended
 
 
July 31,
2016
 
July 31,
2015
 
July 31,
2016
 
July 31,
2015
Net sales
 
 
 
 
 
 
 
 
Applied Technology
 
$
22,668

 
$
20,411

 
$
54,124

 
$
52,821

Engineered Films
 
36,656

 
35,789

 
65,756

 
67,110

Aerostar
 
8,415

 
11,328

 
16,310

 
17,882

Intersegment eliminations(a)
 
(141
)
 
(10
)
 
(232
)
 
(22
)
Consolidated net sales
 
$
67,598

 
$
67,518

 
$
135,958

 
$
137,791

 
 
 
 
 
 
 
 
 
Operating income (loss)
 
 
 
 
 
 
 
 
Applied Technology(b) (c)
 
$
5,172

 
$
4,041

 
$
13,865

 
$
12,782

Engineered Films
 
6,659

 
5,365

 
10,537

 
9,836

Aerostar (d)
 
(251
)
 
1,314

 
(429
)
 
461

Intersegment eliminations(a)
 

 
25

 
(5
)
 
84

Total reportable segment income
 
11,580

 
10,745

 
23,968

 
23,163

Administrative and general expenses
 
(4,884
)
 
(4,316
)
 
(9,222
)
 
(9,520
)
Consolidated operating income
 
$
6,696

 
$
6,429

 
$
14,746

 
$
13,643


(a) Intersegment sales for both fiscal 2017 and 2016 were primarily sales from Engineered Films to Aerostar.
(b) Includes $161 gain for both the three- and six-month periods ended July 31, 2016 on the disposal of an idle manufacturing plant held for sale.
(c) 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.
(d) 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.