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Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Oct. 31, 2018
Oct. 31, 2017
Oct. 31, 2018
Oct. 31, 2017
Income Statement [Abstract]        
Net sales $ 104,833 $ 101,349 $ 318,646 $ 281,494
Cost of sales 72,180 68,016 211,387 189,692
Gross profit 32,653 33,333 107,259 91,802
Research and development expenses 6,478 4,083 17,914 12,319
Selling, general, and administrative expenses 12,563 11,421 37,573 31,476
Long-lived asset impairment loss 0 0 0 259
Operating income 13,612 17,829 51,772 47,748
Other income (expense), net 674 (34) 6,214 (327)
Income before income taxes 14,286 17,795 57,986 47,421
Income tax expense 1,230 5,798 9,062 14,842
Net income 13,056 11,997 48,924 32,579
Net income (loss) attributable to the noncontrolling interest 24 (1) 80 (2)
Net income attributable to Raven Industries, Inc. $ 13,032 $ 11,998 $ 48,844 $ 32,581
Net income per common share:        
Basic (in dollars per share) $ 0.36 $ 0.33 $ 1.36 $ 0.90
Diluted (in dollars per share) $ 0.36 $ 0.33 $ 1.34 $ 0.89
Comprehensive income (loss):        
Net income $ 13,056 $ 11,997 $ 48,924 $ 32,579
Other comprehensive income (loss):        
Foreign currency translation (325) (185) (1,162) 637
Postretirement benefits, net of income tax benefit of $2, $4, $6 and $11 respectively (6) (6) (18) (19)
Other comprehensive income (loss), net of tax (331) (191) (1,180) 618
Comprehensive income 12,725 11,806 47,744 33,197
Comprehensive income (loss) attributable to noncontrolling interest 24 (1) 80 (2)
Comprehensive income attributable to Raven Industries, Inc. $ 12,701 $ 11,807 $ 47,664 $ 33,199