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Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Oct. 31, 2017
Oct. 31, 2016
Income Statement [Abstract]        
Net sales $ 101,349 $ 72,522 $ 281,494 $ 208,480
Cost of sales 68,016 52,683 189,692 149,609
Gross profit 33,333 19,839 91,802 58,871
Research and development expenses 4,083 4,151 12,319 12,475
Selling, general, and administrative expenses 11,421 8,212 31,476 24,174
Long-lived asset impairment loss 0 87 259 87
Operating income 17,829 7,389 47,748 22,135
Other income (expense), net (34) (273) (327) (579)
Income before income taxes 17,795 7,116 47,421 21,556
Income tax expense 5,798 1,375 14,842 5,802
Net income 11,997 5,741 32,579 15,754
Net income (loss) attributable to the noncontrolling interest (1) 0 (2) 1
Net income attributable to Raven Industries, Inc. $ 11,998 $ 5,741 $ 32,581 $ 15,753
Net income per common share:        
Basic (in dollars per share) $ 0.33 $ 0.16 $ 0.90 $ 0.43
Diluted (in dollars per share) 0.33 0.16 0.89 0.43
Cash dividends paid per common share (in dollars per share) $ 0.13 $ 0.13 $ 0.39 $ 0.39
Comprehensive income (loss):        
Net income $ 11,997 $ 5,741 $ 32,579 $ 15,754
Other comprehensive income (loss):        
Foreign currency translation (185) (201) 637 146
Postretirement benefits, net of income tax benefit (expense) of $4, $2, $11 and $4, respectively (6) (2) (19) (6)
Other comprehensive income (loss), net of tax (191) (203) 618 140
Comprehensive income 11,806 5,538 33,197 15,894
Comprehensive income (loss) attributable to noncontrolling interest (1) 0 (2) 1
Comprehensive income attributable to Raven Industries, Inc. $ 11,807 $ 5,538 $ 33,199 $ 15,893