Consolidated Statements of Income (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Oct. 31, 2011	Oct. 31, 2010	Oct. 31, 2011	Oct. 31, 2010
Net sales	$ 93,300	$ 85,823	$ 285,185	$ 244,027
Cost of sales	66,046	60,936	196,865	171,580
Gross profit	27,254	24,887	88,320	72,447
Research and development expenses	2,499	1,582	7,116	5,664
Selling, general and administrative expenses	7,880	5,890	22,122	17,240
Gain on disposition of assets	0	(451)	0	(451)
Operating income	16,875	17,866	59,082	49,994
Other income (expense), net	(4)	17	(93)	(25)
Income before income taxes	16,871	17,883	58,989	49,969
Income taxes	5,473	6,050	19,414	16,838
Net income	11,398	11,833	39,575	33,131
Net income attributable to the noncontrolling interest	8	0	8	0
Net income attributable to Raven Industries, Inc.	$ 11,390	$ 11,833	$ 39,567	$ 33,131
Net income per common share:
Basic	$ 0.63	$ 0.65	$ 2.18	$ 1.83
Diluted	$ 0.63	$ 0.65	$ 2.17	$ 1.83
Cash dividends paid per common share	$ 0.18	$ 1.41	$ 0.54	$ 1.73