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Acquisitions of and Investments in Businesses and Technologies (Tables)
12 Months Ended
Jan. 31, 2017
Business Combinations [Abstract]  
Total purchase price allocated to the estimated fair values of assets acquired and liabilities assumed
The total purchase price allocated to the estimated fair values of assets acquired and liabilities assumed was as follows:
Cash
 
$
1,600

Accounts receivable
 
4,808

Inventory
 
7,575

Deferred income taxes
 
543

Other current assets
 
24

Property, plant and equipment, net
 
17,088

Goodwill
 
27,422

Customer relationships and other definite-lived intangibles
 
10,200

Short-term and long-term debt
 
(11,341
)
Current liabilities
 
(4,084
)
Other liabilities
 
(5,573
)
Total purchase price
 
$
48,262

Pro forma consolidated condensed financial results of operations
The following pro forma consolidated condensed financial results of operations are presented as if the fiscal year 2015 acquisitions described above had been completed at the beginning of the period presented (unaudited):
 
 
(Unaudited)
 
 
 For the year ended January 31,
2015
Net sales
 
$
408,906

Net income attributable to Raven Industries, Inc.
 
34,424

 
 
 
Earnings per common share:
 
 
Basic
 
$
0.90

Diluted
 
$
0.90

Changes in the net carrying value of the investment in SST
Changes in the net carrying value of the Company's equity investments was as follows:
 
 
As of January 31,
 
 
2017
 
2016
 
2015
Balance at beginning of year
 
$
2,805

 
$
3,217

 
$
3,684

Purchase price of equity investment
 
135

 

 

(Loss) income from equity investment
 
(72
)
 
83

 
28

Amortization of intangible assets
 
(497
)
 
(495
)
 
(495
)
Balance at end of year
 
$
2,371

 
$
2,805

 
$
3,217