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Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2017
Jul. 31, 2016
Jul. 31, 2017
Jul. 31, 2016
Income Statement [Abstract]        
Net sales $ 86,610 $ 67,598 $ 180,145 $ 135,958
Cost of sales 60,097 48,683 121,676 96,926
Gross profit 26,513 18,915 58,469 39,032
Research and development expenses 4,256 3,915 8,236 8,324
Selling, general, and administrative expenses 10,557 8,304 20,055 15,962
Long-lived asset impairment loss 0 0 259 0
Operating income 11,700 6,696 29,919 14,746
Other income (expense), net (63) (209) (293) (306)
Income before income taxes 11,637 6,487 29,626 14,440
Income tax expense 3,403 1,993 9,044 4,427
Net income 8,234 4,494 20,582 10,013
Net income (loss) attributable to the noncontrolling interest (1) (1) (1) 1
Net income attributable to Raven Industries, Inc. $ 8,235 $ 4,495 $ 20,583 $ 10,012
Net income per common share:        
Basic (in dollars per share) $ 0.23 $ 0.12 $ 0.57 $ 0.28
Diluted (in dollars per share) 0.23 0.12 0.56 0.28
Cash dividends paid per common share (in dollars per share) $ 0.13 $ 0.13 $ 0.26 $ 0.26
Comprehensive income (loss):        
Net income $ 8,234 $ 4,494 $ 20,582 $ 10,013
Other comprehensive income (loss):        
Foreign currency translation 810 (265) 822 347
Postretirement benefits, net of income tax benefit (expense) of $3, $1, $7 and $2, respectively (7) (2) (13) (4)
Other comprehensive income (loss), net of tax 803 (267) 809 343
Comprehensive income 9,037 4,227 21,391 10,356
Comprehensive income (loss) attributable to noncontrolling interest (1) (1) (1) 1
Comprehensive income attributable to Raven Industries, Inc. $ 9,038 $ 4,228 $ 21,392 $ 10,355