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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Jan. 31, 2018
Income Statement [Abstract]      
Net sales $ 382,530 $ 406,668 $ 377,317
Cost of sales 258,783 274,119 255,752
Gross profit 123,747 132,549 121,565
Research and development expenses 31,558 26,174 16,936
Selling, general and administrative expenses 52,250 51,242 45,200
Long-lived asset impairment loss 0 0 259
Operating income 39,939 55,133 59,170
Other income (expense), net 95 6,437 (184)
Income before income taxes 40,034 61,570 58,986
Income tax expense 5,421 9,697 17,967
Net income 34,613 51,873 41,019
Net income (loss) attributable to noncontrolling interest (583) 79 (3)
Net income attributable to Raven Industries, Inc. $ 35,196 $ 51,794 $ 41,022
Net income per common share:      
─ Basic (in usd per share) $ 0.98 $ 1.44 $ 1.14
─ Diluted (in usd per share) $ 0.97 $ 1.42 $ 1.13
Comprehensive income:      
Net income $ 34,613 $ 51,873 $ 41,019
Other comprehensive income (loss), net of tax:      
Foreign currency translation (994) (1,045) 1,234
Postretirement benefits, net of income tax (expense) benefit of $251, $(99), and $44, respectively (865) 342 (131)
Other comprehensive income (loss), net of tax (1,859) (703) 1,103
Comprehensive income 32,754 51,170 42,122
Comprehensive income attributable to noncontrolling interest (583) 79 (3)
Comprehensive income attributable to Raven Industries, Inc. 33,337 51,091 42,125
Income tax (expense) benefit on postretirement benefits $ 251 $ (99) $ 44