Dividends and Treasury Stock

3 Months Ended

Apr. 30, 2018

Stockholders' Equity Note [Abstract]

Dividends and Treasury Stock

DIVIDENDS AND TREASURY STOCK

Dividends paid to Raven shareholders were as follows:

	Three Months Ended
	April 30, 2018		April 30, 2017
Dividends paid(a)	$	4,658	$	4,691
Dividends paid per share (in cents per share)(a)	13.0		13.0

^(a)There were no declared and unpaid shareholder dividends at April 30, 2018 or 2017.

On November 3, 2014, the Company announced that its Board of Directors (Board) had authorized a $40,000 stock buyback program. Since that time, the Board has provided additional authorizations to increase the total amount authorized under the program to $75,000. This authorization remains in place until such time as the authorized spending limit is reached or such authorization is revoked by the Board.

There were no shares repurchased pursuant to these authorizations in the three-month periods ended April 30, 2018 and April 30, 2017. The remaining dollar value authorized for share repurchases at April 30, 2018 is $27,959.