Earnings Per Share

12 Months Ended

Jan. 31, 2020

Earnings Per Share [Abstract]

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

The options and restricted stock units excluded from the diluted net income per share calculation were as follows:

	For the years ended January 31,
	2020	2019	2018
Anti-dilutive options and restricted stock units	29,876	54,631	344,774

Schedule of calculation of numerator and denominator in earnings per share

The computation of earnings per share is presented below:

	For the years ended January 31,
	2020		2019		2018
Numerator:
Net income attributable to Raven Industries, Inc.	$	35,196	$	51,794	$	41,022
Denominator:
Weighted average common shares outstanding	35,861,255		35,907,041		35,945,225
Weighted average stock units outstanding	122,792		99,922		104,980
Denominator for basic calculation	35,984,047		36,006,963		36,050,205
Weighted average common shares outstanding	35,861,255		35,907,041		35,945,225
Weighted average stock units outstanding	122,792		99,922		104,980
Dilutive impact of stock options and RSUs	231,708		431,595		399,620
Denominator for diluted calculation	36,215,755		36,438,558		36,449,825
Net income per share - basic	$	0.98	$	1.44	$	1.14
Net income per share - diluted	$	0.97	$	1.42	$	1.13