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Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Oct. 31, 2016
Oct. 31, 2015
Oct. 31, 2016
Oct. 31, 2015
Income Statement [Abstract]        
Net sales $ 72,522 $ 67,611 $ 208,480 $ 205,402
Cost of sales 52,683 50,639 149,609 150,213
Gross profit 19,839 16,972 58,871 55,189
Research and development expenses 4,151 4,005 12,475 10,757
Selling, general, and administrative expenses 8,212 7,480 24,174 25,302
Goodwill impairment loss 0 11,497 0 11,497
Long-lived asset impairment loss 87 3,813 87 3,813
Operating income 7,389 (9,823) 22,135 3,820
Other (expense), net (273) (123) (579) (433)
Income before income taxes 7,116 (9,946) 21,556 3,387
Income taxes 1,375 (3,780) 5,802 471
Net income 5,741 (6,166) 15,754 2,916
Net income attributable to the noncontrolling interest 0 22 1 58
Net income attributable to Raven Industries, Inc. $ 5,741 $ (6,188) $ 15,753 $ 2,858
Net income per common share:        
Basic (in dollars per share) $ 0.16000 $ (0.17000) $ 0.43 $ 0.08
Diluted (in dollars per share) 0.16000 (0.17000) 0.43 0.08
Cash dividends paid per common share (in dollars per share) $ 0.13 $ 0.13000 $ 0.39 $ 0.39
Comprehensive income:        
Net income $ 5,741 $ (6,166) $ 15,754 $ 2,916
Other comprehensive income, net of tax:        
Foreign currency translation (201) 2 146 (172)
Postretirement benefits, net of income tax benefit of $1, $62, $2, and $33, respectively (2) 2,794 (6) 2,995
Other comprehensive income, net of tax (203) 2,796 140 2,823
Comprehensive income 5,538 (3,370) 15,894 5,739
Comprehensive income attributable to noncontrolling interest 0 22 1 58
Comprehensive income attributable to Raven Industries, Inc. $ 5,538 $ (3,392) $ 15,893 $ 5,681