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Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Jul. 31, 2021
Jul. 31, 2020
Income Statement [Abstract]        
Net sales $ 114,426 $ 85,179 $ 226,912 $ 171,675
Cost of sales 72,257 55,047 144,757 113,076
Gross profit 42,169 30,132 82,155 58,599
Research and development expenses 12,465 10,808 23,927 21,313
Selling, general, and administrative expenses 21,370 13,181 38,321 27,204
Operating income 8,334 6,143 19,907 10,082
Other income (expense), net (276) 377 (246) (91)
Income before income taxes 8,058 6,520 19,661 9,991
Income tax expense 1,205 701 3,188 223
Net income 6,853 5,819 16,473 9,768
Net loss attributable to redeemable noncontrolling interest 0 0 0 (98)
Net income attributable to Raven Industries, Inc. $ 6,853 $ 5,819 $ 16,473 $ 9,866
Net income per common share:        
Basic (in dollars per share) $ 0.19 $ 0.16 $ 0.46 $ 0.27
Diluted (in dollars per share) $ 0.19 $ 0.16 $ 0.45 $ 0.27
Comprehensive income:        
Net income $ 6,853 $ 5,819 $ 16,473 $ 9,768
Other comprehensive income (loss):        
Foreign currency translation (978) 1,868 1,366 (711)
Postretirement benefits, net of income tax (expense) benefit $(6), $1 and $(11) and $2, respectively 20 (2) 40 (5)
Other comprehensive income (loss), net of tax (958) 1,866 1,406 (716)
Comprehensive income 5,895 7,685 17,879 9,052
Comprehensive loss attributable to redeemable noncontrolling interest 0 0 0 (98)
Comprehensive income attributable to Raven Industries, Inc. 5,895 7,685 17,879 9,150
Supplemental Income Statement Elements [Abstract]        
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax $ (6) $ 1 $ (11) $ 2