Dividends and Treasury Stock

9 Months Ended

Oct. 31, 2019

Stockholders' Equity Note [Abstract]

DIVIDENDS AND TREASURY STOCK

Dividends paid to Raven shareholders were as follows:


	Three Months Ended					Nine Months Ended
	October 31, 2019		October 31, 2018	October 31, 2019		October 31, 2018
Dividends paid^(a)	$	4,648	4,674	$	14,001	14,000

Dividends paid per share (in cents per share)^(a)	13.0		13.0	39.0		39.0

^(a)There were no declared and unpaid shareholder dividends at October 31, 2019 or 2018.

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 the authorized spending limit is reached or such authorization is revoked by the Board.

Pursuant to these authorizations, the Company repurchased 169,474 shares for $5,000 in the three-month period ended October 31, 2019. The Company repurchased 332,651 shares for $10,781 in the nine-month period ended October 31, 2019.

There were no shares repurchased in the three- and nine-month periods ended October 31, 2018. There were no share repurchases unpaid at October 31, 2019, or October 31, 2018. The remaining dollar value authorized for share repurchases at October 31, 2019, is $17,179.