Earnings Per Share

12 Months Ended

Jan. 31, 2021

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,
	2021	2020	2019
Anti-dilutive options and restricted stock units	263,508	29,876	54,631

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,
	2021		2020		2019
Numerator:
Net income attributable to Raven Industries, Inc.	$	18,876	$	35,196	$	51,794
Denominator:
Weighted average common shares outstanding	35,837,750		35,861,255		35,907,041
Weighted average stock units outstanding	147,776		122,792		99,922
Denominator for basic calculation	35,985,526		35,984,047		36,006,963
Weighted average common shares outstanding	35,837,750		35,861,255		35,907,041
Weighted average stock units outstanding	147,776		122,792		99,922
Dilutive impact of stock options and RSUs	164,695		231,708		431,595
Denominator for diluted calculation	36,150,221		36,215,755		36,438,558
Net income per share - basic	$	0.52	$	0.98	$	1.44
Net income per share - diluted	$	0.52	$	0.97	$	1.42