Raven Industries (RAVN) 10-Q 8 Feb 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jul. 31, 2016	Feb. 03, 2017
Document Information [Line Items]
Entity Registrant Name	RAVEN INDUSTRIES INC
Entity Central Index Key	82,166
Current Fiscal Year End Date	--01-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jul. 31, 2016
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		36,076,259

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jul. 31, 2016	Jan. 31, 2016	Jul. 31, 2015
Current assets
Cash and cash equivalents	$ 40,123	$ 33,782	$ 47,302
Short-term investments	0	0	250
Accounts receivable, net	38,645	38,069	39,889
Inventories	45,502	45,839	54,066
Deferred income taxes	0	3,110	3,539
Other current assets	4,958	4,429	3,808
Total current assets	129,228	125,229	148,854
Property, plant and equipment, net	110,706	115,704	118,291
Goodwill	40,752	40,672	52,198
Amortizable intangible assets, net	12,888	12,956	17,148
Other assets	3,783	4,127	4,139
TOTAL ASSETS	297,357	298,688	340,630
Current liabilities
Accounts payable	10,076	6,038	6,958
Accrued liabilities	14,085	12,042	14,049
Customer advances	913	739	1,043
Total current liabilities	25,074	18,819	22,050
Other liabilities	13,827	15,640	24,244
Commitments and contingencies
Shareholders' equity
Common stock, $1 par value, authorized shares 100,000; issued 67,060; 67,006; and 67,006, respectively	67,060	67,006	67,006
Paid-in capital	54,962	53,907	53,909
Retained earnings	229,959	229,443	243,310
Accumulated other comprehensive loss	(3,158)	(3,501)	(5,822)
Treasury stock at cost, 30,984; 30,500; and 29,447 shares, respectively	(90,402)	(82,700)	(64,187)
Total Raven Industries, Inc. shareholders' equity	258,421	264,155	294,216
Noncontrolling interest	35	74	120
Total shareholders' equity	258,456	264,229	294,336
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 297,357	$ 298,688	$ 340,630

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parenthetical) (Unaudited) - $ / shares	Jul. 31, 2016	Jan. 31, 2016	Jul. 31, 2015
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 1	$ 1	$ 1
Common stock, shares authorized (in shares)	100,000,000	100,000,000	100,000,000
Common stock, shares issued (in shares)	67,060,000	67,006,000	67,006,000
Treasury stock, at cost (in shares)	30,984,000	30,500,000	29,447,000

Consolidated Statements of Inco

Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Income Statement [Abstract]
Net sales	$ 67,598	$ 67,518	$ 135,958	$ 137,791
Cost of sales	48,683	49,660	96,926	99,574
Gross profit	18,915	17,858	39,032	38,217
Research and development expenses	3,915	3,216	8,324	6,752
Selling, general, and administrative expenses	8,304	8,213	15,962	17,822
Operating income	6,696	6,429	14,746	13,643
Other (expense), net	(209)	(266)	(306)	(310)
Income before income taxes	6,487	6,163	14,440	13,333
Income taxes	1,993	1,942	4,427	4,251
Net income	4,494	4,221	10,013	9,082
Net income attributable to the noncontrolling interest	(1)	30	1	36
Net income attributable to Raven Industries, Inc.	$ 4,495	$ 4,191	$ 10,012	$ 9,046
Net income per common share:
Basic (in dollars per share)	$ 0.12	$ 0.11000	$ 0.28	$ 0.24
Diluted (in dollars per share)	0.12	0.11000	0.28	0.24
Cash dividends paid per common share (in dollars per share)	$ 0.13	$ 0.13	$ 0.26000	$ 0.26000
Comprehensive income:
Net income	$ 4,494	$ 4,221	$ 10,013	$ 9,082
Other comprehensive income, net of tax:
Foreign currency translation	(265)	(105)	347	(174)
Postretirement benefits, net of income tax benefit of $1, $62, $2, and $33, respectively	(2)	146	(4)	201
Other comprehensive income, net of tax	(267)	41	343	27
Comprehensive income	4,227	4,262	10,356	9,109
Comprehensive income attributable to noncontrolling interest	(1)	30	1	36
Comprehensive income attributable to Raven Industries, Inc.	$ 4,228	$ 4,232	$ 10,355	$ 9,073

Consolidated Statements of Inc5

Consolidated Statements of Income and Comprehensive Income (Unaudited) (Parenthetical) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Income Statement [Abstract]
Other comprehensive income, postretirement benefits, income tax (expense) benefit	$ 1	$ (62)	$ 2	$ (33)

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	$1 Par Common Stock [Member]	Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Raven Industries, Inc. Equity [Member]	Non-controlling Interest [Member]
Balance at beginning of period at Jan. 31, 2015	$ 305,237	$ 66,947	$ 53,237	$ (53,362)	$ 244,180	$ (5,849)	$ 305,153	$ 84
Treasury stock at beginning of period (in shares) at Jan. 31, 2015				28,897,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	9,082				9,046		9,046	36
Other comprehensive income (loss):
Cumulative foreign currency translation adjustment	(174)					(174)	(174)
Postretirement benefits reclassified from accumulated other comprehensive income (loss) after tax (expense) benefit	201					201	201
Cash dividends	(9,834)		82		(9,916)		(9,834)
Share issuance costs related to fiscal 2015 business combination	(15)		(15)				(15)
Stock Issued During Period, Value, Stock Options Exercised	(47)	7	(54)				(47)
Shares issued on vesting of stock units, net of shares withheld for employee taxes	$ (458)	52	(510)				(458)
Shares repurchased, Treasury Stock	549,958			550,000
Shares repurchased	$ (10,825)			$ (10,825)			(10,825)
Share-based compensation	1,436	0	1,436				1,436
Income tax impact related to share-based compensation	(267)		(267)				(267)
Balance at end of period at Jul. 31, 2015	$ 294,336	67,006	53,909	$ (64,187)	243,310	(5,822)	294,216	120
Treasury stock at end of period (in shares) at Jul. 31, 2015	29,447,000			29,447,000
Balance at beginning of period at Jan. 31, 2016	$ 264,229	67,006	53,907	$ (82,700)	229,443	(3,501)	264,155	74
Treasury stock at beginning of period (in shares) at Jan. 31, 2016	30,500,000			30,500,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 10,013				10,012		10,012	1
Other comprehensive income (loss):
Cumulative foreign currency translation adjustment	347					347	347
Postretirement benefits reclassified from accumulated other comprehensive income (loss) after tax (expense) benefit	(4)					(4)	(4)
Cash dividends	(9,388)		108		(9,496)		(9,388)
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	(40)						0	(40)
Shares issued on vesting of stock units, net of shares withheld for employee taxes	(256)	35	(291)				(256)
Director shares issued	$ 0	19	(19)				0
Shares repurchased, Treasury Stock	484,252			484,000
Shares repurchased	$ (7,702)			$ (7,702)			(7,702)
Share-based compensation	1,574	0	1,574				1,574
Income tax impact related to share-based compensation	(317)		(317)				(317)
Balance at end of period at Jul. 31, 2016	$ 258,456	$ 67,060	$ 54,962	$ (90,402)	$ 229,959	$ (3,158)	$ 258,421	$ 35
Treasury stock at end of period (in shares) at Jul. 31, 2016	30,984,000			30,984,000

Consolidated Statements of Sha7

Consolidated Statements of Shareholders' Equity (Unaudited) (Parenthetical) (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jul. 31, 2016	Jul. 31, 2015
Statement of Stockholders' Equity [Abstract]
Common Stock, Dividends, Per Share, Declared	$ 0.260	$ 0.260
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, Tax	$ 2	$ 33

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jul. 31, 2016	Jul. 31, 2015
OPERATING ACTIVITIES:
Net income	$ 10,013	$ 9,082
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	7,633	8,782
Change in fair value of acquisition-related contingent consideration	124	405
Loss from equity investment	82	73
Deferred income taxes	1,057	(1,301)
Share-based compensation expense	1,574	1,436
Change in operating assets and liabilities:
Accounts receivable	(505)	15,824
Inventories	391	(559)
Other assets	(871)	(714)
Operating liabilities	6,244	(9,090)
Other operating activities, net	(184)	(237)
Net cash provided by operating activities	25,558	23,701
INVESTING ACTIVITIES:
Capital expenditures	(2,168)	(7,333)
Proceeds related to business acquisitions	0	351
Proceeds from Sale and Maturity of Investments	250	0
Purchase of investments	(500)	0
Proceeds from sale of assets	1,117	1,542
Other investing activities	(339)	(391)
Net cash used in investing activities	(1,640)	(5,831)
FINANCING ACTIVITIES:
Dividends paid	(9,428)	(9,834)
Payments for common shares repurchased	(7,702)	(10,825)
Payments of acquisition-related contingent liability	(282)	(735)
Debt issuance costs paid	0	(548)
Restricted stock units vested and issued	(256)	(458)
Employee stock options exercised net of shares surrendered for employee taxes	0	(85)
Other financing activities	0	(15)
Net cash used in financing activities	(17,668)	(22,500)
Effect of exchange rate changes on cash	91	(17)
Net increase (decrease) in cash and cash equivalents	6,341	(4,647)
Cash and cash equivalents at beginning of year	33,782	51,949
Cash and cash equivalents at end of period	$ 40,123	$ 47,302

Basis of Presentation and Princ

Basis of Presentation and Principles of Consolidation	6 Months Ended
	Jul. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Principles of Consolidation	BASIS OF PRESENTATION AND PRINCIPLES OF CONSOLIDATION Raven Industries, Inc. (the Company or Raven) is a diversified technology company providing a variety of products to customers within the industrial, agricultural, energy, construction, and military/aerospace markets. The Company is comprised of three unique operating units, or divisions, classified into reportable segments: Applied Technology, Engineered Films, and Aerostar. The accompanying unaudited consolidated financial information, which includes the accounts of Raven and its wholly-owned or controlled subsidiaries, net of intercompany balances and transactions which have been eliminated, has been prepared by the Company in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X of the Securities and Exchange Commission (SEC). Accordingly, it does not include all of the information and notes required by GAAP for complete financial statements. This financial information should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K/A for the fiscal year ended January 31, 2016 . In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair statement of this financial information have been included. Financial results for the interim three -month and six-month periods ended July 31, 2016 are not necessarily indicative of the results that may be expected for the year ending January 31, 2017 . The January 31, 2016 consolidated balance sheet was derived from audited financial statements, but does not include all disclosures required by GAAP. Preparing financial statements in conformity with GAAP requires management to make certain estimates and assumptions. These affect the reported amounts of assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Noncontrolling interests represent capital contributions, income and loss attributable to the owners of less than wholly-owned consolidated entities. The Company owns a 75% interest in an entity consolidated under the Aerostar business segment. Given the Company's majority ownership interest, the accounts of the business venture have been consolidated with the accounts of the Company, and a noncontrolling interest has been recorded for the noncontrolling investor interests in the net assets and operations of the business venture.

Summary of Significant Accounti

Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Notes)	6 Months Ended
	Jul. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES As described in Note 1 Summary of Significant Accounting Policies of the Company's Annual Report on Form 10-K/A for the fiscal year ended January 31, 2016, the Company assesses the recoverability of long-lived and intangible assets using fair value measurement techniques if events or changes in circumstances indicate that an asset might be impaired. An impairment loss is recognized when the carrying amount of an asset is below the estimated undiscounted cash flows associated with the asset group which contains the long-lived and intangible assets being assessed. The cash flows used for this analysis are similar to those used in the goodwill impairment assessment discussed further below. However, the cash flows are undiscounted and are projected over the life of the "primary asset" within the asset group being assessed. As also described in Note 1 Summary of Significant Accounting Policies of the Company's Annual Report on Form 10-K/A for the fiscal year ended January 31, 2016, the Company recognizes goodwill as the excess cost of an acquired business over the net amount assigned to assets acquired and liabilities assumed. Management assesses goodwill for impairment annually during the fourth quarter and between annual tests whenever a triggering event indicates there may be an impairment. Impairment tests of goodwill are done at the reporting unit level. When performing goodwill impairment testing, the fair values of reporting units are determined based on valuation techniques using the best available information, primarily discounted cash flow projections. Such valuations are derived from valuation techniques in which one or more significant inputs are not observable (Level 3 fair value measures). In the fiscal 2016 second quarter the Company determined that a triggering event occurred for its Engineered Films reporting unit and long-lived asset group primarily driven by the continuation of the substantial decline in energy market demand as a result of lower oil prices year-over-year. As a result of these changes in circumstances indicating that these assets might be impaired, the Company concluded that interim Step 1 goodwill and long-lived asset impairment assessments were necessary for the Engineered Films reporting unit and asset group. The Company performed the Step 1 long-lived asset impairment test. The Company determined that the relevant cash flows for long-lived asset testing (the lowest level of cash flows that are largely independent of other assets) are at the Engineered Films reporting unit level. Using the sum of the undiscounted cash flows associated with the asset group, the Step 1 test was performed for the asset group. The undiscounted cash flows for the Engineered Films asset group exceeded the carrying value of the long-lived assets by more than $100,000 , or approximately 150% , and no Step 2 was deemed to be necessary based on the recoverability of the long-lived assets. The Company performed a Step 1 goodwill impairment analysis using fair value techniques on the Engineered Films reporting unit as a result of changes in market conditions indicating that goodwill might be impaired. The reporting unit's fair value was estimated based on discounted cash flows and that fair value amount was compared to the net book value of the assets of the reporting unit. This analysis indicated that the estimated fair value of the Engineered Films reporting unit exceeded the net book value by approximately $50,000 , or approximately 40% , and that Step 1 test was passed at July 31, 2015. Based on the Company’s review of reporting units for each period, the Company identified no indicators of impairment for the Company's reporting units or asset groups, and as such no further impairment analysis was required under the applicable accounting guidance for the three- or six-month periods ended July 31, 2016. There have been no material changes to the Company's significant accounting policies as described in the Company's Annual Report on Form 10-K/A for the fiscal year ended January 31, 2016.
Goodwill and Intangible Assets, Policy	As described in Note 1 Summary of Significant Accounting Policies of the Company's Annual Report on Form 10-K/A for the fiscal year ended January 31, 2016, the Company assesses the recoverability of long-lived and intangible assets using fair value measurement techniques if events or changes in circumstances indicate that an asset might be impaired. An impairment loss is recognized when the carrying amount of an asset is below the estimated undiscounted cash flows associated with the asset group which contains the long-lived and intangible assets being assessed. The cash flows used for this analysis are similar to those used in the goodwill impairment assessment discussed further below. However, the cash flows are undiscounted and are projected over the life of the "primary asset" within the asset group being assessed. As also described in Note 1 Summary of Significant Accounting Policies of the Company's Annual Report on Form 10-K/A for the fiscal year ended January 31, 2016, the Company recognizes goodwill as the excess cost of an acquired business over the net amount assigned to assets acquired and liabilities assumed. Management assesses goodwill for impairment annually during the fourth quarter and between annual tests whenever a triggering event indicates there may be an impairment. Impairment tests of goodwill are done at the reporting unit level. When performing goodwill impairment testing, the fair values of reporting units are determined based on valuation techniques using the best available information, primarily discounted cash flow projections. Such valuations are derived from valuation techniques in which one or more significant inputs are not observable (Level 3 fair value measures).

Net Income per Share

Net Income per Share	6 Months Ended
	Jul. 31, 2016
Earnings Per Share [Abstract]
Net Income per Share	NET INCOME PER SHARE Basic net income per share is computed by dividing net income by the weighted average common shares and stock units outstanding. Diluted net income per share is computed by dividing net income by the weighted average common and common equivalent shares outstanding which includes the shares issuable upon exercise of employee stock options (net of shares assumed purchased with the option proceeds), stock units, and restricted stock units outstanding. Performance share awards are included in the diluted calculation based upon what would be issued if the end of the most recent reporting period was the end of the term of the award. Certain outstanding options and restricted stock units were excluded from the diluted net income per-share calculations because their effect would have been anti-dilutive under the treasury stock method. The options and restricted stock units excluded from the diluted net income per-share share calculation were as follows: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Anti-dilutive options and restricted stock units 924,204 1,207,761 1,102,952 1,156,704 The computation of earnings per share is presented below: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Numerator: Net income attributable to Raven Industries, Inc. $ 4,495 $ 4,191 $ 10,012 $ 9,046 Denominator: Weighted average common shares outstanding 36,097,228 37,659,107 36,208,573 37,829,941 Weighted average stock units outstanding 110,083 91,831 102,035 80,661 Denominator for basic calculation 36,207,311 37,750,938 36,310,608 37,910,602 Weighted average common shares outstanding 36,097,228 37,659,107 36,208,573 37,829,941 Weighted average stock units outstanding 110,083 91,831 102,035 80,661 Dilutive impact of stock options and restricted stock units 43,001 76,662 51,547 80,688 Denominator for diluted calculation 36,250,312 37,827,600 36,362,155 37,991,290 Net income per share - basic $ 0.12 $ 0.11 $ 0.28 $ 0.24 Net income per share - diluted $ 0.12 $ 0.11 $ 0.28 $ 0.24

Selected Balance Sheet Informat

Selected Balance Sheet Information	6 Months Ended
	Jul. 31, 2016
Selected Balance Sheet Information [Abstract]
Selected Balance Sheet Information	SELECTED BALANCE SHEET INFORMATION Following are the components of selected items from the Consolidated Balance Sheets: July 31, 2016 January 31, 2016 July 31, 2015 Accounts receivable, net: Trade accounts $ 39,203 $ 39,103 $ 40,370 Allowance for doubtful accounts (558 ) (1,034 ) (481 ) $ 38,645 $ 38,069 $ 39,889 Inventories: Finished goods $ 4,784 $ 4,896 $ 6,657 In process 1,929 1,845 3,957 Materials 38,789 39,098 43,452 $ 45,502 $ 45,839 $ 54,066 Other current assets: Insurance policy benefit $ 762 $ 716 $ 637 Federal tax receivable 1,652 1,721 — Receivable from sale of business 103 255 830 Prepaid expenses and other 2,441 1,737 2,341 $ 4,958 $ 4,429 $ 3,808 Property, plant and equipment, net: Held for use: Land $ 3,054 $ 3,054 $ 2,921 Buildings and improvements 78,340 77,827 76,697 Machinery and equipment 142,709 140,996 136,666 Accumulated depreciation (112,843 ) (106,419 ) (99,346 ) Accumulated impairment (554 ) (554 ) — $ 110,706 $ 114,904 $ 116,938 Held for sale: Land $ — $ 244 $ 324 Buildings and improvements — 1,595 2,597 Machinery and equipment — 329 639 Accumulated depreciation — (1,368 ) (2,207 ) — 800 1,353 $ 110,706 $ 115,704 $ 118,291 Other assets: Equity investments $ 2,611 $ 2,805 $ 2,896 Deferred income taxes 38 — — Other 1,134 1,322 1,243 $ 3,783 $ 4,127 $ 4,139 Accrued liabilities: Salaries and related $ 3,628 $ 1,883 $ 2,031 Benefits 3,632 3,864 4,315 Insurance obligations 1,975 1,730 1,702 Warranties 2,076 1,835 1,752 Income taxes 213 475 1,108 Other taxes 1,357 1,117 1,031 Acquisition-related contingent consideration 381 407 1,028 Other 823 731 1,082 $ 14,085 $ 12,042 $ 14,049 Other liabilities: Postretirement benefits $ 7,706 $ 7,662 $ 12,151 Acquisition-related contingent consideration 1,565 1,732 3,049 Deferred income taxes 1,557 3,247 5,764 Uncertain tax positions 2,999 2,999 3,280 $ 13,827 $ 15,640 $ 24,244

Acquisitions of and Investments

Acquisitions of and Investments in Businesses and Technologies	6 Months Ended
	Jul. 31, 2016
Business Combinations [Abstract]
Acquisitions of and Investments in Businesses and Technologies	ACQUISITIONS OF AND INVESTMENTS IN BUSINESSES AND TECHNOLOGIES Ag-Eagle Aerial Systems, Inc. In February 2016 , the Applied Technology Division acquired an interest of approximately 5% in AgEagle Aerial Systems, Inc. (AgEagle). AgEagle is a privately held company that is a leading provider of unmanned aerial systems (UAS) used for agricultural applications. Contemporaneously with the execution of this agreement, AgEagle and the Company entered into a distribution agreement whereby the Company was appointed as the sole and exclusive distributor worldwide of the existing AgEagle system as it pertains to the agriculture market. This investment and distribution agreement will allow the Company to expand into the UAS market for agriculture, enhancing its existing product offerings to provide actionable data that customers can use to make important input decisions. AgEagle is considered a variable interest entity (VIE) and the Company’s equity ownership interest in AgEagle is considered a variable interest. The Company accounts for its investment in AgEagle under the equity method of accounting as the Company has the ability to exercise significant influence over the operating policies of AgEagle through the Company's representation on AgEagle's Board of Directors and the distribution agreement. However, the Company is not the primary beneficiary as the Company does not have the power to direct the activities that most significantly impact the VIE’s economic performance and the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the entity. At the acquisition date, the Company determined that the exclusivity of the distribution agreement resulted in an intangible asset. The purchase price was allocated between the equity ownership interest and this intangible asset which will be amortized on a straight-line basis over the four-year life of the distribution agreement. Acquisition-related Contingent Consideration The Company has contingent liabilities related to prior year acquisitions of SBG Innovatie BV and its affiliate, Navtronics BVBA (collectively, SBG) in May 2014 and Vista Research, Inc. (Vista) in January 2012 . The fair value of such contingent consideration is estimated as of the acquisition date, and subsequently at the end of each reporting period, using forecasted cash flows. Projecting future cash flows requires the Company to make significant estimates and assumptions regarding future events, conditions, or revenues being achieved under the subject contingent agreement as well as the appropriate discount rate. Such valuations techniques include one or more significant inputs that are not observable (Level 3 fair value measures). In connection with the acquisition of SBG, Raven is committed to making additional earn-out payments, not to exceed $2,500 , calculated and paid quarterly for ten years after the purchase date contingent upon achieving certain revenues. At July 31, 2016 , the fair value of this contingent consideration was $1,397 , of which $228 was classified as "Accrued liabilities" and $1,169 was classified as "Other liabilities" in the Consolidated Balance Sheets. At July 31, 2015 , the fair value of this contingent consideration was $1,325 , of which $310 was classified as "Accrued liabilities" and $1,015 as "Other liabilities." The Company paid $143 and $203 in earn-out payments in the three - and six-month periods ended July 31, 2016 , respectively. The Company paid $121 and $150 in earn-out payments in the three - and six-month periods ended July 31, 2015 , respectively. To date, the Company has paid a total of $511 of this potential earn-out liability. Related to the acquisition of Vista in 2012 , the Company is committed to making annual payments based upon earn-out percentages on specific revenue streams for seven years after the purchase date, not to exceed $15,000 . At July 31, 2016 , the fair value of this contingent consideration was $504 , of which $108 was classified in "Accrued liabilities" and $396 as "Other liabilities" in the Consolidated Balance Sheets. At July 31, 2015 the fair value of this contingent consideration was $2,720 , of which $686 was classified as "Accrued liabilities" and $2,034 as "Other liabilities" in the Consolidated Balance Sheets. The Company paid $79 and $585 in the six-month periods ended July 31, 2016 and 2015 , respectively. The Company made no payments in the three-month periods ended July 31, 2016 or 2015 , respectively. To date, the Company has paid a total of $1,471 of this potential earn-out liability.

Goodwill and Other Intangibles

Goodwill and Other Intangibles Goodwill and Other Intangibles (Notes)	6 Months Ended
	Jul. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill Impairment Loss and Other Charges	GOODWILL AND OTHER INTANGIBLES The Company performs impairment reviews of goodwill by reporting unit. During the first quarter of fiscal 2017, management implemented managerial and financial reporting changes within Vista and Aerostar to further integrate Vista into the Aerostar Division. Integration actions included leadership re-alignment, including selling and business development functions; re-deployment of employees across the division; and consolidation of administrative functions, among other actions. Based on the changes made, the Company has consolidated the two separate reporting units within the Aerostar Division into one reporting unit for the purposes of goodwill impairment review. As such, as of April 30, 2016, the Company has three reporting units: Engineered Films Division, Applied Technology Division, and Aerostar Division. The Company reviewed the quantitative and qualitative factors associated with the change in reporting unit and determined there were no indicators of impairment at the time of the reporting unit change. There were no goodwill or long-lived asset impairment losses reported in the three- and six-month periods ended July 31, 2016 or July 31, 2015 , respectively.

Employee Postretirement Benefit

Employee Postretirement Benefits	6 Months Ended
	Jul. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Employee Postretirement Benefits	EMPLOYEE POSTRETIREMENT BENEFITS The Company provides postretirement medical and other benefits to certain senior executive officers and senior managers. These plan obligations are unfunded. The components of the net periodic benefit cost for postretirement benefits are as follows: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Service cost $ 20 $ 108 $ 40 $ 216 Interest cost 83 105 166 210 Amortization of actuarial losses 37 84 74 168 Amortization of unrecognized prior service cost (40 ) — $ (80 ) $ — Net periodic benefit cost $ 100 $ 297 $ 200 $ 594 Postretirement benefit cost components are reclassified in their entirety from accumulated other comprehensive loss to net periodic benefit cost. Net periodic benefit costs are reported in net income as “Cost of sales” or “Selling, general, and administrative expenses” in a manner consistent with the classification of direct labor and personnel costs of the eligible employees.

Warranties

Warranties	6 Months Ended
	Jul. 31, 2016
Product Warranties Disclosures [Abstract]
Warranties	WARRANTIES Accruals necessary for product warranties are estimated based on historical warranty costs and average time elapsed between purchases and returns for each division. Additional accruals are made for any significant, discrete warranty issues. Changes in the warranty accrual were as follows: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Beginning balance $ 2,316 $ 2,285 $ 1,835 $ 3,120 Accrual for warranties 262 389 1,086 748 Settlements made (502 ) (922 ) (845 ) (2,116 ) Ending balance $ 2,076 $ 1,752 $ 2,076 $ 1,752

Financing Arrangements Financin

Financing Arrangements Financing Arrangements	6 Months Ended
	Jul. 31, 2016
Debt Disclosure [Abstract]
Financing Arrangements	FINANCING ARRANGEMENTS The Company entered into a credit facility on April 15, 2015 with JPMorgan Chase Bank, N.A., Toronto Branch as Canadian Administrative Agent, JPMorgan Chase Bank, National Association, as administrative agent, and each lender from time to time party thereto (the Credit Agreement). The Credit Agreement provides for a syndicated senior revolving credit facility up to $125,000 with a maturity date of April 15, 2020 . Wells Fargo Bank, N.A. (Wells Fargo), a participating lender under the Credit Agreement, holds the majority of the Company's cash and cash equivalents. One member of the Company's Board of Directors, who served through May 2016, is also on the Board of Directors of Wells Fargo & Company, the parent company of Wells Fargo. Unamortized debt issuance costs associated with this Credit Agreement were $407 and $516 at July 31, 2016 and 2015, respectively and are included in "Other assets" in the Consolidated Balance Sheets. Loans or borrowings defined under the Credit Agreement bear interest and fees at varying rates and terms defined in the Credit Agreement based on the type of borrowing as defined. The Credit Agreement contains customary affirmative and negative covenants, including those relating to financial reporting and notification, limits on levels of indebtedness and liens, investments, mergers and acquisitions, affiliate transactions, sales of assets, restrictive agreements, and change in control as defined in the Credit Agreement. Financial covenants include an interest coverage ratio and funded indebtedness to earnings before interest, taxes, depreciation, and amortization as defined in the Credit Agreement. The loan proceeds may be utilized by Raven for strategic business purposes and for working capital needs. Simultaneous with execution of the Credit Agreement, Raven, Aerostar, Vista, and Integra entered into a guaranty agreement in favor of JPMorgan Chase Bank National Association in its capacity as administrator under the Credit Agreement for the benefit of JPMorgan Chase Bank N.A., Toronto Branch and the lenders and their affiliates under the Credit Agreement. Letters of credit (LOCs) totaling $850 issued under a previous line of credit with Wells Fargo were outstanding at July 31, 2015 . These LOCs primarily support self-insured workers' compensation bonding. At July 31, 2016 , $464 of LOCs were outstanding under the Credit Agreement and $50 issued by Wells Fargo was outstanding. Any draws required under the Wells Fargo LOC would be settled with available cash or borrowings under the Credit Agreement. There were no borrowings under either credit agreement for any of the fiscal periods covered by this Quarterly Report on Form 10-Q. Availability under the Credit Agreement for borrowings as of July 31, 2016 was $124,536 . The Company has requested and received the necessary covenant waivers relating to its late filing of financial statement information.

Contingencies Contingencies Dis

Contingencies Contingencies Disclosure	6 Months Ended
	Jul. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	CONTINGENCIES In the normal course of business, the Company is subject to various claims and litigation. The Company has concluded that the ultimate outcome of these matters is not expected to be material to the Company’s results of operations, financial position, or cash flows.

Income Tax Income Tax Disclosur

Income Tax Income Tax Disclosure	6 Months Ended
	Jul. 31, 2016
Income Tax Disclosure [Abstract]
Income Tax Disclosure	INCOME TAXES The Company’s effective tax rate varies from the federal statutory rate primarily due to state and local taxes, research and development tax credit, tax benefits on qualified production activities, and tax-exempt insurance premiums. The Company’s effective tax rates for the three - and six-month periods ended July 31, 2016 were 30.7% and 30.7% , respectively. The Company’s effective tax rates for the three - and six-month periods ended July 31, 2015 were 31.5% and 31.9% , respectively. The decrease in the effective tax rate was primarily due to the inclusion of an R&D tax credit in the current period provision for income taxes. Congress permanently enacted this credit into law in the fourth quarter of fiscal 2016. No estimate of the R&D tax credit was included in the provision for income taxes for the three- or six-month periods ended July 31, 2015. As of July 31, 2016, undistributed earnings of approximately $3,053 of the Canadian and European subsidiaries were considered to have been reinvested indefinitely and, accordingly, the Company has not provided United States income taxes on such earnings. This estimated tax liability would be approximately $499 net of foreign tax credits.

Restructuring Costs Restructuri

Restructuring Costs Restructuring Costs Disclosure	6 Months Ended
	Jul. 31, 2016
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities Disclosure [Text Block]	RESTRUCTURING COSTS At July 31, 2016 , there are no ongoing restructuring plans or unpaid restructuring costs. No restructuring costs were incurred in the three- or six-month periods ended July 31, 2016 . In the fiscal 2015 fourth quarter, the Company announced and implemented a restructuring plan to lower Applied Technology’s cost structure. In the same period, Engineered Films implemented a preemptive restructuring plan to address the decline in demand in the energy sector as the result of falling oil prices. The Company also initiated the exit of Applied Technology’s non-strategic St. Louis, Missouri contract manufacturing facility. Exit activities related to this sale and transfer of these contract manufacturing operations were substantially completed during the fiscal 2016 first quarter. Gains of $247 and $611 were recorded for the three- and six-month periods ended July 31, 2015 as a result of the exit activity. Receivables for inventory and estimated future royalties pursuant to the sale agreements of $827 were included in "Other current assets" in the Consolidated Balance Sheet at July 31, 2015 . At July 31, 2016 , such receivables were $103 . In the fiscal 2017 second quarter, the land, building, and remaining equipment in St. Louis that was owned and held for sale was sold. The selling price, net of all selling expenses, exceeded the net book value of the assets held for sale. A gain of $161 was recorded on this sale. In the fiscal 2016 first quarter, the Company announced and implemented a restructuring plan to further lower its cost structure. The cost reductions covered all divisions and included the corporate offices, but were weighted to Applied Technology as a result of the decline in this business and the expectation of continued end-market weakness for this division. The Company incurred restructuring costs for severance benefits of $111 and $588 in the three- and six-month periods ended July 31, 2015 . The Company reported $14 and $407 of these restructuring costs in "Cost of sales" in the Consolidated Statements of Income and Comprehensive Income for the three- and six-month periods ended July 31, 2015 , respectively, while $97 and $181 of these restructuring costs were reported in "Selling, general, and administrative expenses" in these periods. There were no unpaid costs at July 31, 2015 . Substantially all of these restructuring costs related to the Applied Technology Division. This restructuring plan was completed during fiscal 2016 second quarter.

Dividends and Treasury Stock

Dividends and Treasury Stock	6 Months Ended
	Jul. 31, 2016
Stockholders' Equity Note [Abstract]
Dividends and Treasury Stock	DIVIDENDS AND TREASURY STOCK Dividends paid to Raven shareholders for the three and six months ended July 31, 2016 were $4,687 and $9,388 or 13.0 cents and 26.0 cents per share, respectively. Dividends paid to Raven shareholders for the three and six months ended July 31, 2015 were $4,894 and $9,834 , or 13.0 cents and 26.0 cents per share, respectively. Effective March 21, 2016 the Board of Directors (Board) authorized an extension and increase of the authorized $40,000 stock buyback program in place. An additional $10,000 was authorized for share repurchases once the $40,000 authorization limit is reached. Pursuant to these authorizations, the Company repurchased 102,187 and 484,252 shares in the three- and six-month periods ended July 31, 2016 . These purchases totaled $2,000 and $7,702 , respectively. The Company repurchased 400,599 and 549,958 shares in the three- and six-month periods ended July 31, 2015 . These purchases totaled $7,781 and $10,825 , respectively. All such share repurchases were paid at July 31, 2016 . At July 31, 2015 , $27 of such share repurchases were unpaid. The remaining dollar value authorized for share repurchases at July 31, 2016 is $12,959 . This authorization remains in place until such time as the authorized spending limit is reached or such authorization is revoked by the Board.

Share Based Compensation

Share Based Compensation	6 Months Ended
	Jul. 31, 2016
Share-based Compensation [Abstract]
Share Based Compensation	SHARE-BASED COMPENSATION The Company reserves shares for issuance pursuant to the Amended and Restated 2010 Stock Incentive Plan effective March 23, 2012, administered by the Personnel and Compensation Committee of the Board of Directors. Two types of awards, stock options and restricted stock units, were granted during the six months ended July 31, 2016 and July 31, 2015 . Stock Option Awards The Company granted 274,200 non-qualified stock options during the six -month period ended July 31, 2016 . None of these options were granted during the three-months ended July 31, 2016. The Company granted 9,400 and 289,600 non-qualified stock options during the three- and six-month periods ended July 31, 2015, respectively. Options are granted with exercise prices not less than the market value of the Company's common stock at the date of grant. The stock options vest over a four -year period and expire after five years. Options contain retirement and change-in-control provisions that may accelerate the vesting period. The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model. The Company uses historical data to estimate option exercises and employee terminations within this valuation model. The weighted average assumptions used for the Black-Scholes option pricing model by grant year are as follows: Six Months Ended July 31, 2016 July 31, 2015 Risk-free interest rate 1.05 % 1.33 % Expected dividend yield 3.33 % 2.59 % Expected volatility factor 32.61 % 36.81 % Expected option term (in years) 4.00 3.75 Weighted average grant date fair value $3.05 $4.77 Restricted Stock Unit Awards (RSUs) The Company granted 66,370 and 19,250 time-vested RSUs to employees in the six -month periods ended July 31, 2016 and 2015 , respectively. None of these awards were granted during the three-month periods ended July 31, 2016 or July 31, 2015. The grant date fair value of a time-vested RSU is measured based upon the closing market price of the Company's common stock on the day prior to the date of grant. The grant date fair value per share of the time-vested RSUs granted in the three months ended July 31, 2016 and 2015 was $15.61 and $20.10 , respectively. Time-vested RSUs will vest if, at the end of the three -year period, the employee remains employed by the Company. RSUs contain retirement and change-in-control provisions that may accelerate the vesting period. Dividends are cumulatively earned on the time-vested RSUs over the vesting period. The Company also granted performance-based RSUs in the six -month period ended July 31, 2016 . The exact number of performance shares to be issued will vary from 0% to 150% of the target award, depending on the Company's actual performance over the three-year period in comparison to the target award. The target award for the fiscal 2017 and 2016 grants are based on return on equity (ROE), which is defined as net income divided by the average of beginning and ending shareholders' equity. The performance-based RSUs will vest if, at the end of the three -year performance period, the Company has achieved certain performance goals and the employee remains employed by the Company. RSUs contain retirement and change-in-control provisions that may accelerate the vesting period. Dividends are cumulatively earned on performance-based RSUs over the vesting period. The number of RSUs that will vest is determined by an estimated ROE target over the three -year performance period. The estimated ROE performance factors used to estimate the number of restricted stock units expected to vest are evaluated at least quarterly. The number of restricted stock units issued at the vesting date will be based on actual results. The fair value of the performance-based restricted stock units is based upon the closing market price of the Company's common stock on the day prior to the grant date. The number of performance-based RSUs granted is based on 100% of the target award. During the six -month periods ended July 31, 2016 and 2015 , the Company granted 72,950 and 68,570 performance-based RSUs, respectively. No performance-based RSUs were granted in the three-month period ended July 31, 2016. 2,240 performance-based RSUs were granted in the three-month period ended July 31, 2015. The weighted average grant date fair value per share of the performance-based RSUs granted in the periods ended July 31, 2016 and 2015, respectively, was $15.61 and $20.10 .

Segment Reporting

Segment Reporting	6 Months Ended
	Jul. 31, 2016
Segment Reporting [Abstract]
Segment Reporting	SEGMENT REPORTING The Company's reportable segments are defined by their product lines which have been grouped in these segments based on common technologies, production methods, and inventories. Raven's reportable segments are Applied Technology, Engineered Films, and Aerostar. The Company measures the performance of its segments based on their operating income excluding administrative and general expenses. Other expense and income taxes are not allocated to individual operating segments, and assets not identifiable to an individual segment are included as corporate assets. Segment information is reported consistent with the Company's management reporting structure. Business segment net sales and operating income results are as follows: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Net sales Applied Technology $ 22,668 $ 20,411 $ 54,124 $ 52,821 Engineered Films 36,656 35,789 65,756 67,110 Aerostar 8,415 11,328 16,310 17,882 Intersegment eliminations (a) (141 ) (10 ) (232 ) (22 ) Consolidated net sales $ 67,598 $ 67,518 $ 135,958 $ 137,791 Operating income (loss) Applied Technology (b) (c) $ 5,172 $ 4,041 $ 13,865 $ 12,782 Engineered Films 6,659 5,365 10,537 9,836 Aerostar (d) (251 ) 1,314 (429 ) 461 Intersegment eliminations (a) — 25 (5 ) 84 Total reportable segment income 11,580 10,745 23,968 23,163 Administrative and general expenses (4,884 ) (4,316 ) (9,222 ) (9,520 ) Consolidated operating income $ 6,696 $ 6,429 $ 14,746 $ 13,643 (a) Intersegment sales for both fiscal 2017 and 2016 were primarily sales from Engineered Films to Aerostar. (b) Includes $161 gain for both the three- and six-month periods ended July 31, 2016 on the disposal of an idle manufacturing plant held for sale. (c) Includes gains of $247 and $611 for the three- and six-month periods ended July 31, 2015, respectively, on disposal of assets related to the exit of contract manufacturing operations. (d) Includes ($70) loss for both the three- and six-month periods ended July 31, 2015 on disposal of an idle manufacturing plant held for sale.

New Accounting Standards New Ac

New Accounting Standards New Accounting Standards (Notes)	6 Months Ended
	Jul. 31, 2016
Accounting Policies [Abstract]
New Accounting Standards	NEW ACCOUNTING STANDARDS Accounting Standards Adopted In November 2015 the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2015-17, "Income Taxes (Topic 740) Balance Sheet Classification of Deferred Taxes" (ASU 2015-17). Currently GAAP requires the deferred taxes for each jurisdiction (or tax-paying component of a jurisdiction) to be presented as a net current asset or liability and net noncurrent asset or liability. This requires a jurisdiction-by-jurisdiction analysis based on the classification of the assets and liabilities to which the underlying temporary differences relate, or, in the case of loss or credit carryforwards, based on the period in which the attribute is expected to be realized. To simplify presentation, ASU 2015-17 requires that all deferred tax assets and liabilities, along with any related valuation allowance, be classified as noncurrent on the balance sheet. As a result, each jurisdiction will now only have one net noncurrent deferred tax asset or liability. The guidance does not change the existing requirement that only permits offsetting within a jurisdiction - that is, companies are still prohibited from offsetting deferred tax liabilities from one jurisdiction against deferred tax assets of another jurisdiction. The Company early adopted ASU 2015-17 in the fiscal 2017 first quarter using the prospective method. No current deferred tax assets or liabilities are recorded on the balance sheet. Since the Company adopted the guidance prospectively, the prior periods were not retrospectively adjusted. In September 2015 the FASB issued ASU No. 2015-16, "Business Combinations (Topic 805) Simplifying the Accounting for Measurement-Period Adjustments" (ASU 2015-16). The amendments in ASU 2015-16 apply to all entities that have reported provisional amounts for items in a business combination for which the accounting is incomplete by the end of the reporting period in which the combination occurs and, during the measurement period, have an adjustment to provisional amounts recognized. ASU 2015-16 requires that an acquirer in a business combination recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. ASU 2015-16 requires that the acquirer record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The amendments in this update require an entity to present separately on the face of the income statement, or disclose in the notes, the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. The Company adopted ASU 2015-16 when it became effective in the fiscal 2017 first quarter with no impact on its consolidated financial statements or results of operations. In April 2015 the FASB issued ASU No. 2015-05, "Intangibles - Goodwill and Other-Internal-Use Software (Subtopic 350-40) Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement (CCA)" (ASU 2015-05). The amendments in ASU 2015-05 clarify existing GAAP guidance about a customer’s accounting for fees paid in a CCA with or without a software license. Examples of cloud computing arrangements include software as a service, platform as a service, infrastructure as a service, and other similar hosting arrangements. Under ASU 2015-05, fees paid by a customer in a CCA for a software license are within the scope of the internal-use software guidance if certain criteria are met. If the criteria are not met the fees paid are accounted for as a prepaid service contract and expensed. The Company has historically accounted for all fees in a CCA as a prepaid service contract. The Company adopted ASU 2015-05 in first quarter fiscal 2017 when it became effective using the prospective method. The Company did not pay any fees in a CCA in the current period that met the criteria to be in scope of the internal-use software guidance and it had no impact on the consolidated financial statements, results of operations, or cash flows. In February 2015 the FASB issued ASU No. 2015-02, “Consolidation (Topic 810) Amendments to the Consolidation Analysis" (ASU 2015-02). The amendments in ASU 2015-02 affect reporting entities that are required to evaluate whether they should consolidate certain legal entities. All legal entities are subject to reevaluation under the revised consolidation model. Specifically, the amendments: 1. Modify the evaluation of whether limited partnerships and similar legal entities are variable interest entities (VIEs) or voting interest entities; 2. Eliminate the presumption that a general partner should consolidate a limited partnership; 3. Affect the consolidation analysis of reporting entities that are involved with VIEs, particularly those that have fee arrangements and related party relationships; and 4. Provide a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940. In October 2016, the FASB issued ASU 2016-17 "Consolidation (Topic 810) - Interests Held through Related Parties that are under Common Control" (ASU 2016-17) which amended ASU 2015-02. Under ASU 2016-17, the Company only needs to consider its proportionate indirect interest in the VIE held through a common control party when evaluating whether the Company is the primary beneficiary. ASU 2015-02 required that the common control party's interest be treated as if it was the Company's interest when evaluating whether the Company is the primary beneficiary. The Company early adopted ASU 2015-02 in first quarter fiscal 2017 and early adopted ASU 2016-17 in third quarter fiscal 2017. The Company reevaluated all of it legal entities and one investment accounted for using the equity method during the first quarter. In addition, ASU 2015-02 was applied to the evaluation of the Company's investment in Ag Eagle in first quarter fiscal 2017 further discussed in Note 5 Acquisitions of and Investments in Businesses and Technologies of this Form 10-Q. The Company did not have an indirect interest in any of the entities through an unconsolidated related party. Under ASU 2015-02 and the amended guidance in ASU 2016-17 neither of these equity method investments qualified for consolidation. The adoption of this guidance had no impact on the legal entities consolidated or the Company's consolidated financial position, results of operations, or cash flows. No prior period retrospective adjustments were required. In January 2015 the FASB issued ASU No. 2015-01, "Income Statement - Extraordinary and Unusual Items (Subtopic 225-20) Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items" (ASU 2015-01). The amendments in ASU 2015-01 eliminate the GAAP concept of extraordinary items and no longer requires that transactions that met the criteria for classification as extraordinary items be separately classified and reported in the financial statements. ASU 2015-01 retains the presentation and disclosure guidance for items that are unusual in nature or occur infrequently and expands them to include items that are both unusual in nature and infrequently occurring. The Company adopted ASU 2015-01when it became effective in fiscal 2017 first quarter using the prospective method. The adoption of this guidance did not have any impact on the Company's consolidated financial statements or disclosures. In August 2014 the FASB issued ASU No. 2014-15, "Presentation of Financial Statements - Going Concern (Subtopic 205-40) Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern" (ASU 2014-15). The amendments in ASU 2014-15 require management to assess an entity’s ability to continue as a going concern by incorporating and expanding upon certain principles that are currently in U.S. auditing standards. ASU 2014-15 requires certain financial statement disclosures when there is "substantial doubt about the entity's ability to continue as a going concern" within one year after the date that the financial statements are issued (or available to be issued). The Company adopted ASU 2014-15 in the fiscal 2017 first quarter when it became effective. The adoption of this guidance did not have any impact on the Company's consolidated financial statements or disclosures. New Accounting Standards Not Yet Adopted In January 2017 the FASB issued ASU 2017-01, "Business Combinations (Topic 805) "Clarifying the Definition of a Business" (ASU 2017-01). This update clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The amendments provide a screen for determining when a set of assets and processes is not a business. If the screen is not met, the amendments require further consideration of inputs, substantive processes and outputs to determine whether a transaction is an acquisition of a business. The amendments in ASU 2017-01 are effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years and are applied on a prospective basis. The Company is evaluating the impact the adoption of this guidance will have on its consolidated financial statements, results of operations, and disclosures. In November 2016 the FASB issued ASU 2016-16, "Income Taxes (Topic 740) Intra-Entity Transfers of Assets Other Than Inventory" (ASU 2016-16). Current GAAP prohibits the recognition of current and deferred income taxes for an intra-entity asset transfer until the asset has been sold to an outside party. In addition, interpretations of this guidance have developed in practice over the years for transfers of certain intangible and tangible assets. This prohibition on recognition is an exception to the principle of comprehensive recognition of current and deferred income taxes in GAAP. The new guidance eliminates the exception for an intra-entity transfer of an asset other than inventory. The amendments in ASU 2016-16 are effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company can early adopt ASU 2016-16, but earlier adoption must be in the first quarter of the fiscal year. The amendments in ASU 2016-16 will be applied on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. The Company is evaluating the impact the adoption of this guidance will have on its consolidated financial statements, results of operations, and disclosures. In August 2016 the FASB issued ASU 2016-15, "Statement of Cash Flows (Topic 230) Classification of Certain Cash Receipts and Cash Payments" (ASU 2016-15). The new guidance clarifies eight cash flow classification issues where current GAAP was either unclear or has no specific guidance. The new standard is effective for annual reporting periods beginning after December 15, 2017 and interim periods within those fiscal years. All entities may elect to early adopt ASU 2016-15 in any interim period. If an entity early adopts it must adopt all eight of the amendments in the same period and if early adopted in an interim period any adjustments should be reflected as of the beginning of the year. The amendments in ASU 2016-15 will be applied using the modified retrospective transition method for each period presented. The Company is evaluating the impact the adoption of this guidance will have on the classification of certain items on its consolidated statements of cash flows. In June 2016 the FASB issued ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326) Measurement of Credit Losses on Financial Instruments" (ASU 2016-13). Current GAAP generally delays recognition of the full amount of credit losses until the loss is probable of occurring. The amendments in this guidance eliminate the probable initial recognition threshold and, instead, reflect an entity’s current estimate of all expected credit losses. Previously, when credit losses were measured under GAAP, an entity generally only considered past events and current conditions in measuring the incurred loss. Under ASU 2016-13 the Company w ill need to create an economic forecast over the entire contractual life of long-dated financial assets. The new standard is effective for annual reporting periods beginning after December 15, 2019. All entities may elect to early adopt ASU 2016-13 for annual reporting periods beginning after December 15, 2018. The amendments in ASU 2016-13 will be applied using the modified retrospective approach by recording a cumulative-effect adjustment to retained earnings in the first reporting period. The Company's trade accounts receivable are in-scope under ASU 2016-13. The Company is evaluating the impact the adoption of this guidance will have on its consolidated financial statements, results of operations, and disclosures. In March 2016 the FASB issued ASU 2016-09, "Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting" (ASU 2016-09). ASU 2016-09 amends the accounting for employee share-based payment transactions to require recognition of the tax effects resulting from the settlement of stock-based awards as discrete income tax expense or benefit in the income statement in the reporting period in which they occur. In addition, this guidance requires that all tax-related cash flows resulting from share-based payments, including the excess tax benefits related to the settlement of stock-based awards, be classified as cash flows from operating activities in the statement of cash flows. The guidance also requires that cash paid to taxing authorities on employee behalf for withheld shares should be classified as a financing activity in the statement of cash flows. In addition, the guidance also allows companies to make an accounting policy election to either estimate the number of awards that are expected to vest, consistent with current U.S. GAAP, or account for forfeitures when they occur. The new standard is effective for annual reporting periods beginning after December 15, 2016 with early adoption permitted. ASU 2016-09 requires that the various amendments be adopted using different methods. The Company is evaluating the impact the adoption of this guidance will have on its consolidated financial statements, results of operations, and disclosures. In February 2016 the FASB issued ASU No. 2016-02, "Leases (Topic 842)" (ASU 2016-02). The primary difference between previous GAAP and ASU 2016-02 is the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous GAAP. The guidance requires a lessee to recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. When measuring assets and liabilities arising from a lease, a lessee (and a lessor) should include payments to be made in optional periods only if the lessee is reasonably certain to exercise an option to extend the lease or not to exercise an option to terminate the lease. Similarly, optional payments to purchase the underlying asset should be included in the measurement of lease assets and lease liabilities only if the lessee is reasonably certain to exercise that purchase option. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. If a lessee makes this election, it should recognize lease expense for such leases generally on a straight-line basis over the lease term. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018. Lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. The modified retrospective approach includes a number of optional practical expedients that entities may elect to apply. An entity that elects to apply the practical expedients will, in effect, continue to account for leases that commence before the effective date in accordance with previous GAAP unless the lease is modified, except that lessees are required to recognize a right-of-use asset and a lease liability for all operating leases at each reporting date based on the present value of the remaining minimum rental payments that were tracked and disclosed under previous GAAP. The Company is evaluating the impact the adoption of this guidance will have on its consolidated financial statements, results of operations, and disclosures. In May 2014 the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (ASU 2014-09). ASU 2014-09 provides a comprehensive new recognition model that requires recognition of revenue when a company transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to receive in exchange for those goods or services. This guidance supersedes the revenue recognition requirements in FASB ASC Topic 605, “Revenue Recognition,” and most industry-specific guidance. ASU 2014-09 defines a five-step process to achieve this core principle and, in doing so, companies will need to use more judgment and make more estimates than under the current guidance. It also requires additional disclosure about the nature, amount, timing, and uncertainty of revenue and cash flows arising from customer contracts. In August 2015, the FASB approved a one-year deferral of the effective date (ASU 2015-14) and the standard is now effective for the Company for fiscal 2019 and interim periods therein. ASU 2014-09 may be adopted as of the original effective date, which for the Company is fiscal 2018. The guidance may be applied using either of the following transition methods: (i) a full retrospective approach reflecting the application of the standard in each prior reporting period with the option to elect certain practical expedients or (ii) a retrospective approach with the cumulative effect of initially adopting ASU 2014-09 recognized at the date of adoption (which includes additional footnote disclosures). In addition, FASB has amended Topic 606 prior to it becoming effective. The effective date and transition requirements for these amendments to Topic 606 are the same as ASU 2014-09. The Company is currently evaluating the method and date of adoption and the impact the adoption of ASU 2014-09 and all subsequent amendments to Topic 606, will have on the Company’s consolidated financial position, results of operations, and disclosures.
New Accounting Pronouncements, Policy	(16) NEW ACCOUNTING STANDARDS Accounting Standards Adopted In November 2015 the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2015-17, "Income Taxes (Topic 740) Balance Sheet Classification of Deferred Taxes" (ASU 2015-17). Currently GAAP requires the deferred taxes for each jurisdiction (or tax-paying component of a jurisdiction) to be presented as a net current asset or liability and net noncurrent asset or liability. This requires a jurisdiction-by-jurisdiction analysis based on the classification of the assets and liabilities to which the underlying temporary differences relate, or, in the case of loss or credit carryforwards, based on the period in which the attribute is expected to be realized. To simplify presentation, ASU 2015-17 requires that all deferred tax assets and liabilities, along with any related valuation allowance, be classified as noncurrent on the balance sheet. As a result, each jurisdiction will now only have one net noncurrent deferred tax asset or liability. The guidance does not change the existing requirement that only permits offsetting within a jurisdiction - that is, companies are still prohibited from offsetting deferred tax liabilities from one jurisdiction against deferred tax assets of another jurisdiction. The Company early adopted ASU 2015-17 in the fiscal 2017 first quarter using the prospective method. No current deferred tax assets or liabilities are recorded on the balance sheet. Since the Company adopted the guidance prospectively, the prior periods were not retrospectively adjusted. In September 2015 the FASB issued ASU No. 2015-16, "Business Combinations (Topic 805) Simplifying the Accounting for Measurement-Period Adjustments" (ASU 2015-16). The amendments in ASU 2015-16 apply to all entities that have reported provisional amounts for items in a business combination for which the accounting is incomplete by the end of the reporting period in which the combination occurs and, during the measurement period, have an adjustment to provisional amounts recognized. ASU 2015-16 requires that an acquirer in a business combination recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. ASU 2015-16 requires that the acquirer record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The amendments in this update require an entity to present separately on the face of the income statement, or disclose in the notes, the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. The Company adopted ASU 2015-16 when it became effective in the fiscal 2017 first quarter with no impact on its consolidated financial statements or results of operations. In April 2015 the FASB issued ASU No. 2015-05, "Intangibles - Goodwill and Other-Internal-Use Software (Subtopic 350-40) Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement (CCA)" (ASU 2015-05). The amendments in ASU 2015-05 clarify existing GAAP guidance about a customer’s accounting for fees paid in a CCA with or without a software license. Examples of cloud computing arrangements include software as a service, platform as a service, infrastructure as a service, and other similar hosting arrangements. Under ASU 2015-05, fees paid by a customer in a CCA for a software license are within the scope of the internal-use software guidance if certain criteria are met. If the criteria are not met the fees paid are accounted for as a prepaid service contract and expensed. The Company has historically accounted for all fees in a CCA as a prepaid service contract. The Company adopted ASU 2015-05 in first quarter fiscal 2017 when it became effective using the prospective method. The Company did not pay any fees in a CCA in the current period that met the criteria to be in scope of the internal-use software guidance and it had no impact on the consolidated financial statements, results of operations, or cash flows. In February 2015 the FASB issued ASU No. 2015-02, “Consolidation (Topic 810) Amendments to the Consolidation Analysis" (ASU 2015-02). The amendments in ASU 2015-02 affect reporting entities that are required to evaluate whether they should consolidate certain legal entities. All legal entities are subject to reevaluation under the revised consolidation model. Specifically, the amendments: 1. Modify the evaluation of whether limited partnerships and similar legal entities are variable interest entities (VIEs) or voting interest entities; 2. Eliminate the presumption that a general partner should consolidate a limited partnership; 3. Affect the consolidation analysis of reporting entities that are involved with VIEs, particularly those that have fee arrangements and related party relationships; and 4. Provide a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940. In October 2016, the FASB issued ASU 2016-17 "Consolidation (Topic 810) - Interests Held through Related Parties that are under Common Control" (ASU 2016-17) which amended ASU 2015-02. Under ASU 2016-17, the Company only needs to consider its proportionate indirect interest in the VIE held through a common control party when evaluating whether the Company is the primary beneficiary. ASU 2015-02 required that the common control party's interest be treated as if it was the Company's interest when evaluating whether the Company is the primary beneficiary. The Company early adopted ASU 2015-02 in first quarter fiscal 2017 and early adopted ASU 2016-17 in third quarter fiscal 2017. The Company reevaluated all of it legal entities and one investment accounted for using the equity method during the first quarter. In addition, ASU 2015-02 was applied to the evaluation of the Company's investment in Ag Eagle in first quarter fiscal 2017 further discussed in Note 5 Acquisitions of and Investments in Businesses and Technologies of this Form 10-Q. The Company did not have an indirect interest in any of the entities through an unconsolidated related party. Under ASU 2015-02 and the amended guidance in ASU 2016-17 neither of these equity method investments qualified for consolidation. The adoption of this guidance had no impact on the legal entities consolidated or the Company's consolidated financial position, results of operations, or cash flows. No prior period retrospective adjustments were required. In January 2015 the FASB issued ASU No. 2015-01, "Income Statement - Extraordinary and Unusual Items (Subtopic 225-20) Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items" (ASU 2015-01). The amendments in ASU 2015-01 eliminate the GAAP concept of extraordinary items and no longer requires that transactions that met the criteria for classification as extraordinary items be separately classified and reported in the financial statements. ASU 2015-01 retains the presentation and disclosure guidance for items that are unusual in nature or occur infrequently and expands them to include items that are both unusual in nature and infrequently occurring. The Company adopted ASU 2015-01when it became effective in fiscal 2017 first quarter using the prospective method. The adoption of this guidance did not have any impact on the Company's consolidated financial statements or disclosures. In August 2014 the FASB issued ASU No. 2014-15, "Presentation of Financial Statements - Going Concern (Subtopic 205-40) Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern" (ASU 2014-15). The amendments in ASU 2014-15 require management to assess an entity’s ability to continue as a going concern by incorporating and expanding upon certain principles that are currently in U.S. auditing standards. ASU 2014-15 requires certain financial statement disclosures when there is "substantial doubt about the entity's ability to continue as a going concern" within one year after the date that the financial statements are issued (or available to be issued). The Company adopted ASU 2014-15 in the fiscal 2017 first quarter when it became effective. The adoption of this guidance did not have any impact on the Company's consolidated financial statements or disclosures.
Description of New Accounting Pronouncements Not yet Adopted [Text Block]	New Accounting Standards Not Yet Adopted In January 2017 the FASB issued ASU 2017-01, "Business Combinations (Topic 805) "Clarifying the Definition of a Business" (ASU 2017-01). This update clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The amendments provide a screen for determining when a set of assets and processes is not a business. If the screen is not met, the amendments require further consideration of inputs, substantive processes and outputs to determine whether a transaction is an acquisition of a business. The amendments in ASU 2017-01 are effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years and are applied on a prospective basis. The Company is evaluating the impact the adoption of this guidance will have on its consolidated financial statements, results of operations, and disclosures. In November 2016 the FASB issued ASU 2016-16, "Income Taxes (Topic 740) Intra-Entity Transfers of Assets Other Than Inventory" (ASU 2016-16). Current GAAP prohibits the recognition of current and deferred income taxes for an intra-entity asset transfer until the asset has been sold to an outside party. In addition, interpretations of this guidance have developed in practice over the years for transfers of certain intangible and tangible assets. This prohibition on recognition is an exception to the principle of comprehensive recognition of current and deferred income taxes in GAAP. The new guidance eliminates the exception for an intra-entity transfer of an asset other than inventory. The amendments in ASU 2016-16 are effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company can early adopt ASU 2016-16, but earlier adoption must be in the first quarter of the fiscal year. The amendments in ASU 2016-16 will be applied on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. The Company is evaluating the impact the adoption of this guidance will have on its consolidated financial statements, results of operations, and disclosures. In August 2016 the FASB issued ASU 2016-15, "Statement of Cash Flows (Topic 230) Classification of Certain Cash Receipts and Cash Payments" (ASU 2016-15). The new guidance clarifies eight cash flow classification issues where current GAAP was either unclear or has no specific guidance. The new standard is effective for annual reporting periods beginning after December 15, 2017 and interim periods within those fiscal years. All entities may elect to early adopt ASU 2016-15 in any interim period. If an entity early adopts it must adopt all eight of the amendments in the same period and if early adopted in an interim period any adjustments should be reflected as of the beginning of the year. The amendments in ASU 2016-15 will be applied using the modified retrospective transition method for each period presented. The Company is evaluating the impact the adoption of this guidance will have on the classification of certain items on its consolidated statements of cash flows. In June 2016 the FASB issued ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326) Measurement of Credit Losses on Financial Instruments" (ASU 2016-13). Current GAAP generally delays recognition of the full amount of credit losses until the loss is probable of occurring. The amendments in this guidance eliminate the probable initial recognition threshold and, instead, reflect an entity’s current estimate of all expected credit losses. Previously, when credit losses were measured under GAAP, an entity generally only considered past events and current conditions in measuring the incurred loss. Under ASU 2016-13 the Company w ill need to create an economic forecast over the entire contractual life of long-dated financial assets. The new standard is effective for annual reporting periods beginning after December 15, 2019. All entities may elect to early adopt ASU 2016-13 for annual reporting periods beginning after December 15, 2018. The amendments in ASU 2016-13 will be applied using the modified retrospective approach by recording a cumulative-effect adjustment to retained earnings in the first reporting period. The Company's trade accounts receivable are in-scope under ASU 2016-13. The Company is evaluating the impact the adoption of this guidance will have on its consolidated financial statements, results of operations, and disclosures. In March 2016 the FASB issued ASU 2016-09, "Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting" (ASU 2016-09). ASU 2016-09 amends the accounting for employee share-based payment transactions to require recognition of the tax effects resulting from the settlement of stock-based awards as discrete income tax expense or benefit in the income statement in the reporting period in which they occur. In addition, this guidance requires that all tax-related cash flows resulting from share-based payments, including the excess tax benefits related to the settlement of stock-based awards, be classified as cash flows from operating activities in the statement of cash flows. The guidance also requires that cash paid to taxing authorities on employee behalf for withheld shares should be classified as a financing activity in the statement of cash flows. In addition, the guidance also allows companies to make an accounting policy election to either estimate the number of awards that are expected to vest, consistent with current U.S. GAAP, or account for forfeitures when they occur. The new standard is effective for annual reporting periods beginning after December 15, 2016 with early adoption permitted. ASU 2016-09 requires that the various amendments be adopted using different methods. The Company is evaluating the impact the adoption of this guidance will have on its consolidated financial statements, results of operations, and disclosures. In February 2016 the FASB issued ASU No. 2016-02, "Leases (Topic 842)" (ASU 2016-02). The primary difference between previous GAAP and ASU 2016-02 is the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous GAAP. The guidance requires a lessee to recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. When measuring assets and liabilities arising from a lease, a lessee (and a lessor) should include payments to be made in optional periods only if the lessee is reasonably certain to exercise an option to extend the lease or not to exercise an option to terminate the lease. Similarly, optional payments to purchase the underlying asset should be included in the measurement of lease assets and lease liabilities only if the lessee is reasonably certain to exercise that purchase option. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. If a lessee makes this election, it should recognize lease expense for such leases generally on a straight-line basis over the lease term. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018. Lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. The modified retrospective approach includes a number of optional practical expedients that entities may elect to apply. An entity that elects to apply the practical expedients will, in effect, continue to account for leases that commence before the effective date in accordance with previous GAAP unless the lease is modified, except that lessees are required to recognize a right-of-use asset and a lease liability for all operating leases at each reporting date based on the present value of the remaining minimum rental payments that were tracked and disclosed under previous GAAP. The Company is evaluating the impact the adoption of this guidance will have on its consolidated financial statements, results of operations, and disclosures. In May 2014 the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (ASU 2014-09). ASU 2014-09 provides a comprehensive new recognition model that requires recognition of revenue when a company transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to receive in exchange for those goods or services. This guidance supersedes the revenue recognition requirements in FASB ASC Topic 605, “Revenue Recognition,” and most industry-specific guidance. ASU 2014-09 defines a five-step process to achieve this core principle and, in doing so, companies will need to use more judgment and make more estimates than under the current guidance. It also requires additional disclosure about the nature, amount, timing, and uncertainty of revenue and cash flows arising from customer contracts. In August 2015, the FASB approved a one-year deferral of the effective date (ASU 2015-14) and the standard is now effective for the Company for fiscal 2019 and interim periods therein. ASU 2014-09 may be adopted as of the original effective date, which for the Company is fiscal 2018. The guidance may be applied using either of the following transition methods: (i) a full retrospective approach reflecting the application of the standard in each prior reporting period with the option to elect certain practical expedients or (ii) a retrospective approach with the cumulative effect of initially adopting ASU 2014-09 recognized at the date of adoption (which includes additional footnote disclosures). In addition, FASB has amended Topic 606 prior to it becoming effective. The effective date and transition requirements for these amendments to Topic 606 are the same as ASU 2014-09. The Company is currently evaluating the method and date of adoption and the impact the adoption of ASU 2014-09 and all subsequent amendments to Topic 606, will have on the Company’s consolidated financial position, results of operations, and disclosures.

Net Income per Share (Tables)

Net Income per Share (Tables)	6 Months Ended
	Jul. 31, 2016
Earnings Per Share [Abstract]
Schedule of antidilutive securities excluded from computation of earnings per share	The options and restricted stock units excluded from the diluted net income per-share share calculation were as follows: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Anti-dilutive options and restricted stock units 924,204 1,207,761 1,102,952 1,156,704
Schedule of calculation of numerator and denominator in earnings per share	The computation of earnings per share is presented below: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Numerator: Net income attributable to Raven Industries, Inc. $ 4,495 $ 4,191 $ 10,012 $ 9,046 Denominator: Weighted average common shares outstanding 36,097,228 37,659,107 36,208,573 37,829,941 Weighted average stock units outstanding 110,083 91,831 102,035 80,661 Denominator for basic calculation 36,207,311 37,750,938 36,310,608 37,910,602 Weighted average common shares outstanding 36,097,228 37,659,107 36,208,573 37,829,941 Weighted average stock units outstanding 110,083 91,831 102,035 80,661 Dilutive impact of stock options and restricted stock units 43,001 76,662 51,547 80,688 Denominator for diluted calculation 36,250,312 37,827,600 36,362,155 37,991,290 Net income per share - basic $ 0.12 $ 0.11 $ 0.28 $ 0.24 Net income per share - diluted $ 0.12 $ 0.11 $ 0.28 $ 0.24

Selected Balance Sheet Inform26

Selected Balance Sheet Information (Tables)	6 Months Ended
	Jul. 31, 2016
Selected Balance Sheet Information [Abstract]
Components of selected balance sheet items	Following are the components of selected items from the Consolidated Balance Sheets: July 31, 2016 January 31, 2016 July 31, 2015 Accounts receivable, net: Trade accounts $ 39,203 $ 39,103 $ 40,370 Allowance for doubtful accounts (558 ) (1,034 ) (481 ) $ 38,645 $ 38,069 $ 39,889 Inventories: Finished goods $ 4,784 $ 4,896 $ 6,657 In process 1,929 1,845 3,957 Materials 38,789 39,098 43,452 $ 45,502 $ 45,839 $ 54,066 Other current assets: Insurance policy benefit $ 762 $ 716 $ 637 Federal tax receivable 1,652 1,721 — Receivable from sale of business 103 255 830 Prepaid expenses and other 2,441 1,737 2,341 $ 4,958 $ 4,429 $ 3,808 Property, plant and equipment, net: Held for use: Land $ 3,054 $ 3,054 $ 2,921 Buildings and improvements 78,340 77,827 76,697 Machinery and equipment 142,709 140,996 136,666 Accumulated depreciation (112,843 ) (106,419 ) (99,346 ) Accumulated impairment (554 ) (554 ) — $ 110,706 $ 114,904 $ 116,938 Held for sale: Land $ — $ 244 $ 324 Buildings and improvements — 1,595 2,597 Machinery and equipment — 329 639 Accumulated depreciation — (1,368 ) (2,207 ) — 800 1,353 $ 110,706 $ 115,704 $ 118,291 Other assets: Equity investments $ 2,611 $ 2,805 $ 2,896 Deferred income taxes 38 — — Other 1,134 1,322 1,243 $ 3,783 $ 4,127 $ 4,139 Accrued liabilities: Salaries and related $ 3,628 $ 1,883 $ 2,031 Benefits 3,632 3,864 4,315 Insurance obligations 1,975 1,730 1,702 Warranties 2,076 1,835 1,752 Income taxes 213 475 1,108 Other taxes 1,357 1,117 1,031 Acquisition-related contingent consideration 381 407 1,028 Other 823 731 1,082 $ 14,085 $ 12,042 $ 14,049 Other liabilities: Postretirement benefits $ 7,706 $ 7,662 $ 12,151 Acquisition-related contingent consideration 1,565 1,732 3,049 Deferred income taxes 1,557 3,247 5,764 Uncertain tax positions 2,999 2,999 3,280 $ 13,827 $ 15,640 $ 24,244

Employee Postretirement Benef27

Employee Postretirement Benefits Employee Postretirement Benefits (Tables)	6 Months Ended
	Jul. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Components of net periodic benefit cost for postretirement plan	The components of the net periodic benefit cost for postretirement benefits are as follows: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Service cost $ 20 $ 108 $ 40 $ 216 Interest cost 83 105 166 210 Amortization of actuarial losses 37 84 74 168 Amortization of unrecognized prior service cost (40 ) — $ (80 ) $ — Net periodic benefit cost $ 100 $ 297 $ 200 $ 594

Warranties (Tables)

Warranties (Tables)	6 Months Ended
	Jul. 31, 2016
Product Warranties Disclosures [Abstract]
Warranties	Changes in the warranty accrual were as follows: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Beginning balance $ 2,316 $ 2,285 $ 1,835 $ 3,120 Accrual for warranties 262 389 1,086 748 Settlements made (502 ) (922 ) (845 ) (2,116 ) Ending balance $ 2,076 $ 1,752 $ 2,076 $ 1,752

Share Based Compensation (Table

Share Based Compensation (Tables)	6 Months Ended
	Jul. 31, 2016
Share-based Compensation [Abstract]
Weighted average assumptions by grant year	The weighted average assumptions used for the Black-Scholes option pricing model by grant year are as follows: Six Months Ended July 31, 2016 July 31, 2015 Risk-free interest rate 1.05 % 1.33 % Expected dividend yield 3.33 % 2.59 % Expected volatility factor 32.61 % 36.81 % Expected option term (in years) 4.00 3.75 Weighted average grant date fair value $3.05 $4.77

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jul. 31, 2016
Segment Reporting [Abstract]
Business segment net sales and operating income results	Business segment net sales and operating income results are as follows: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Net sales Applied Technology $ 22,668 $ 20,411 $ 54,124 $ 52,821 Engineered Films 36,656 35,789 65,756 67,110 Aerostar 8,415 11,328 16,310 17,882 Intersegment eliminations (a) (141 ) (10 ) (232 ) (22 ) Consolidated net sales $ 67,598 $ 67,518 $ 135,958 $ 137,791 Operating income (loss) Applied Technology (b) (c) $ 5,172 $ 4,041 $ 13,865 $ 12,782 Engineered Films 6,659 5,365 10,537 9,836 Aerostar (d) (251 ) 1,314 (429 ) 461 Intersegment eliminations (a) — 25 (5 ) 84 Total reportable segment income 11,580 10,745 23,968 23,163 Administrative and general expenses (4,884 ) (4,316 ) (9,222 ) (9,520 ) Consolidated operating income $ 6,696 $ 6,429 $ 14,746 $ 13,643 (a) Intersegment sales for both fiscal 2017 and 2016 were primarily sales from Engineered Films to Aerostar. (b) Includes $161 gain for both the three- and six-month periods ended July 31, 2016 on the disposal of an idle manufacturing plant held for sale. (c) Includes gains of $247 and $611 for the three- and six-month periods ended July 31, 2015, respectively, on disposal of assets related to the exit of contract manufacturing operations. (d) Includes ($70) loss for both the three- and six-month periods ended July 31, 2015 on disposal of an idle manufacturing plant held for sale.

Basis of Presentation and Pri31

Basis of Presentation and Principles of Consolidation (Details)	6 Months Ended
	Jul. 31, 2016segment
Organization, Consolidation and Presentation of Financial Statements Line Items [Line Items]
Number of operating units	3
Aerostar Integrated Systems [Member]
Organization, Consolidation and Presentation of Financial Statements Line Items [Line Items]
Joint venture, ownership percentage	75.00%

Summary of Significant Accoun32

Summary of Significant Accounting Policies Goodwill Impairment and Fair Value Analysis (Details) - Engineered Films [Member] $ in Thousands	Jul. 31, 2015USD ($)
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Reporting Unit, Amount of Fair Value in Excess of Carrying Amount	$ 50,000
Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount	40.00%
Engineered Films asset group [Domain]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Reporting Unit, Amount of Fair Value in Excess of Carrying Amount	$ 100,000
Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount	150.00%

Net Income per Share (Antidilut

Net Income per Share (Antidiluted Securities Excluded from Computation) (Details) - shares	3 Months Ended		6 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount (in options and restricted units)	924,204	1,207,761	1,102,952	1,156,704

Net Income per Share (Schedule

Net Income per Share (Schedule of Calculation of Numerator and Denominator in Earnings per Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Numerator:
Net income attributable to Raven Industries, Inc.	$ 4,495	$ 4,191	$ 10,012	$ 9,046
Denominator:
Weighted average common shares outstanding (in shares)	36,097,228	37,659,107	36,208,573	37,829,941
Weighted average stock units outstanding (in shares)	110,083	91,831	102,035	80,661
Denominator for basic calculation (in shares)	36,207,311	37,750,938	36,310,608	37,910,602
Weighted average common shares outstanding (in shares)	36,097,228	37,659,107	36,208,573	37,829,941
Weighted average stock units outstanding (in shares)	110,083	91,831	102,035	80,661
Dilutive impact of stock options and restricted units (in shares)	43,001	76,662	51,547	80,688
Denominator for diluted calculation (in shares)	36,250,312	37,827,600	36,362,155	37,991,290
Net income per share - basic (in dollars per share)	$ 0.12	$ 0.11000	$ 0.28	$ 0.24
Net income per share - diluted (in dollars per share)	$ 0.12	$ 0.11000	$ 0.28	$ 0.24

Selected Balance Sheet Inform35

Selected Balance Sheet Information (Details) - USD ($) $ in Thousands	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015
Accounts receivable, net:
Trade accounts	$ 39,203		$ 39,103	$ 40,370
Allowance for doubtful accounts	(558)		(1,034)	(481)
Accounts receivable, net	38,645		38,069	39,889
Inventories:
Finished goods	4,784		4,896	6,657
In process	1,929		1,845	3,957
Materials	38,789		39,098	43,452
Inventories	45,502		45,839	54,066
Other current assets:
Insurance policy benefit	762		716	637
Federal tax receivable	1,652		1,721	0
Receivable from sale of business	103		255	830
Prepaid Expense and other	2,441		1,737	2,341
Other current assets	4,958		4,429	3,808
Property, plant and equipment, net:
Property, plant and equipment, net	110,706		115,704	118,291
Other Assets (Noncurrent):
Equity investments	2,611		2,805	2,896
Deferred Tax Assets, Net, Noncurrent	38		0	0
Other	1,134		1,322	1,243
Other assets	3,783		4,127	4,139
Accrued liabilities:
Salaries and related	3,628		1,883	2,031
Benefits	3,632		3,864	4,315
Insurance obligations	1,975		1,730	1,702
Warranties	2,076	$ 2,316	1,835	1,752	$ 2,285	$ 3,120
Income Taxes	213		475	1,108
Other taxes	1,357		1,117	1,031
Acquisition-related contingent consideration liability, Current	381		407	1,028
Other	823		731	1,082
Accrued liabilities	14,085		12,042	14,049
Other liabilities:
Postretirement benefits	7,706		7,662	12,151
Acquisition-related contingent consideration liability, Noncurrent	1,565		1,732	3,049
Deferred income taxes	1,557		3,247	5,764
Uncertain tax positions	2,999		2,999	3,280
Other liabilities	13,827		15,640	24,244
Land [Member]
Property, plant and equipment, net:
Property, plant and equipment	0		244	324
Building and Building Improvements [Member]
Property, plant and equipment, net:
Property, plant and equipment	0		1,595	2,597
Machinery and Equipment [Member]
Property, plant and equipment, net:
Property, plant and equipment	0		329	639
Assets Held-for-sale [Member]
Property, plant and equipment, net:
Accumulated depreciation	0		(1,368)	(2,207)
Property, plant and equipment, net	0		800	1,353
Land [Member]
Property, plant and equipment, net:
Property, plant and equipment	3,054		3,054	2,921
Building and Building Improvements [Member]
Property, plant and equipment, net:
Property, plant and equipment	78,340		77,827	76,697
Machinery and Equipment [Member]
Property, plant and equipment, net:
Property, plant and equipment	142,709		140,996	136,666
Assets held for use [Member]
Property, plant and equipment, net:
Accumulated depreciation	(112,843)		(106,419)	(99,346)
Accumulated Impairment, Property, Plant and Equipment	(554)		(554)	0
Property, plant and equipment, net	110,706		114,904	116,938
Assets held for use [Member] | Assets Held-for-sale [Member]
Property, plant and equipment, net:
Property, plant and equipment, net	$ 110,706		$ 115,704	$ 118,291

Acquisitions of and Investmen36

Acquisitions of and Investments in Businesses and Technologies Business Combinations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015	Jan. 31, 2016
Business Combination, Contingent Consideration Arrangements [Abstract]
Acquisition-related contingent consideration liability, Current	$ 381	$ 1,028	$ 381	$ 1,028	$ 407
Acquisition-related contingent consideration liability, Noncurrent	1,565	3,049	1,565	3,049	$ 1,732
Payments of acquisition-related contingent liability			$ (282)	(735)
SBG Innovatie [Member]
Business Combination, Description [Abstract]
Business Acquisition, Name of Acquired Entity			SBG Innovatie BV
Navtronics [Member]
Business Combination, Description [Abstract]
Business Acquisition, Name of Acquired Entity			Navtronics BVBA
SBG Innovatie and Affiliates [Member]
Business Combination, Description [Abstract]
Business Acquisition, Date of Acquisition Agreement			May 1, 2014
Contingent consideration, potential cash payment	2,500		$ 2,500
Contingent Consideration Term in Years			10 years
Business Combination, Contingent Consideration Arrangements [Abstract]
Acquisition-related contingent consideration, total liability	1,397	1,325	$ 1,397	1,325
Acquisition-related contingent consideration liability, Current	228	310	228	310
Acquisition-related contingent consideration liability, Noncurrent	1,169	1,015	1,169	1,015
Payments of acquisition-related contingent liability	143	121	203	150
Business acquisition contingent consideration cumulative paid			$ 511
Vista Research [Member]
Business Combination, Description [Abstract]
Business Acquisition, Date of Acquisition Agreement			Jan. 6, 2012
Business Acquisition, Name of Acquired Entity			Vista Research, Inc.
Contingent consideration, potential cash payment	15,000		$ 15,000
Contingent Consideration Term in Years			7 years
Business Combination, Contingent Consideration Arrangements [Abstract]
Acquisition-related contingent consideration, total liability	504	2,720	$ 504	2,720
Acquisition-related contingent consideration liability, Current	108	686	108	686
Acquisition-related contingent consideration liability, Noncurrent	396	2,034	396	2,034
Payments of acquisition-related contingent liability	$ 0	$ 0	79	$ 585
Business acquisition contingent consideration cumulative paid			$ 1,471
Applied Technology [Member] | AgEagle Aerial Systems [Member]
Variable Interest Entity Disclosure [Abstract]
Variable Interest Entity, acquisition date equity method investment			Feb. 29, 2016
Variable Interest Entity, name of investee equity method investment			AgEagle Aerial Systems, Inc.
Equity Method Investment, Ownership Percentage	5.00%		5.00%

Goodwill and Other Intangible37

Goodwill and Other Intangibles Goodwill and Other Intangibles (Details) $ in Thousands	3 Months Ended			6 Months Ended		12 Months Ended
	Jul. 31, 2016USD ($)	Apr. 30, 2016ReportingUnits	Jul. 31, 2015USD ($)	Jul. 31, 2016USD ($)ReportingUnits	Jul. 31, 2015USD ($)	Jan. 31, 2016ReportingUnits
Goodwill [Line Items]
Goodwill, Impairment Loss | $	$ 0		$ 0	$ 0	$ 0
Number of Reporting Units | ReportingUnits				3
Impairment of Intangible Assets, Finite-lived | $	$ 0		$ 0	$ 0	$ 0
Aerostar Division [Member]
Goodwill [Line Items]
Number of Reporting Units | ReportingUnits		1				2

Employee Postretirement Benef38

Employee Postretirement Benefits Employee Postretirement Benefits (Details) - Other Postretirement Benefit Plans, Defined Benefit [Member] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	$ 20	$ 108	$ 40	$ 216
Interest cost	83	105	166	210
Amortization of actuarial losses	37	84	74	168
Amortization of unrecognized prior service cost (Credit)	(40)	0	(80)	0
Defined Benefit Plan, Net Periodic Benefit Cost	$ 100	$ 297	$ 200	$ 594

Warranties (Details)

Warranties (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Product Warranty Accrual [Roll Forward]
Beginning balance	$ 2,316	$ 2,285	$ 1,835	$ 3,120
Accrual for warranties	262	389	1,086	748
Settlements made	(502)	(922)	(845)	(2,116)
Ending balance	$ 2,076	$ 1,752	$ 2,076	$ 1,752

Financing Arrangements (Details

Financing Arrangements (Details) - USD ($) $ in Thousands	6 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Apr. 15, 2015
Line of Credit Facility [Line Items]
Debt Instrument, Covenant Compliance	The Company has requested and received the necessary covenant waivers relating to its late filing of financial statement information.
Wells Fargo Bank, N.A. [Member]
Line of Credit Facility [Line Items]
Letters of credit issued, amount	$ 50	$ 850
Borrowing outstanding under line of credit	$ 0	0
JPMorgan Chase Bank [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Initiation Date	Apr. 15, 2015
Borrowing capacity under line of credit			$ 125,000
Maturity date of the line of credit	Apr. 15, 2020
Unamortized Debt Issuance Expense	$ 407	516
Letters of credit issued, amount	464	0
Borrowing outstanding under line of credit	0	0
Remaining borrowing capacity under the line of credit	$ 124,536	$ 125,000

Income Tax (Details)

Income Tax (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Income Tax Contingency [Line Items]
Effective Income Tax Rate Reconciliation, Percent	30.70%	31.50%	30.70%	31.90%
Foreign Tax Authority [Member]
Income Tax Contingency [Line Items]
Undistributed Earnings of Foreign Subsidiaries	$ 3,053		$ 3,053
Deferred Tax Liability Not Recognized, Amount of Unrecognized Deferred Tax Liability, Undistributed Earnings of Foreign Subsidiaries	$ 499		$ 499

Restructuring Costs (Details)

Restructuring Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015	Jan. 31, 2016
Restructuring Cost and Reserve [Line Items]
Restructuring costs unpaid	$ 0		$ 0
Severance costs incurred	0		0
Receivable from sale of business	103	$ 830	103	$ 830	$ 255
Property, plant and equipment, net	110,706	118,291	110,706	118,291	115,704
Applied Technology [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring costs unpaid	0	0	0	0
Severance costs incurred	0	111	0	588
Gain (Loss) on Disposition of Assets	161	247	161	611
Receivable from sale of business	103	827	103	827
Cost of Sales [Member] | Applied Technology [Member]
Restructuring Cost and Reserve [Line Items]
Severance costs incurred		14		407
Selling, General and Administrative Expenses [Member] | Applied Technology [Member]
Restructuring Cost and Reserve [Line Items]
Severance costs incurred		97		181
Assets Held-for-sale [Member]
Restructuring Cost and Reserve [Line Items]
Property, plant and equipment, net	$ 0	$ 1,353	$ 0	$ 1,353	$ 800

Dividends and Treasury Stock (D

Dividends and Treasury Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015	Mar. 21, 2016
Stockholders' Equity Note [Abstract]
Dividends paid	$ 4,687	$ 4,894	$ 9,388	$ 9,834
Cash dividends paid per common share (in dollars per share)	$ 0.13	$ 0.13	$ 0.26000	$ 0.26000
Stock Repurchase Program, Authorized Amount	$ 50,000	$ 40,000	$ 50,000	$ 40,000
Stock repurchase program, additional amount authorized					$ 10,000
Shares repurchased, Treasury Stock	102,187	400,599	484,252	549,958
Payments for Repurchase of Common Stock	$ 2,000	$ 7,781	$ 7,702	$ 10,825
Unpaid repurchases of common stock	0	$ 27	0	$ 27
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 12,959		$ 12,959

Share Based Compensation (Detai

Share Based Compensation (Details) - 2010 Stock Incentive Plan [Member] - $ / shares	3 Months Ended		6 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in period (in shares)	0	9,400	274,200	289,600
Stock options vesting period, years			4 years
Years to expiration			5 years
Time-vested RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vesting period, years			3 years
Grants in period (time-vested or performance-based RSUs)	0	0	66,370	19,250
Weighted average grant date fair value (in dollars per share)			$ 15.61	$ 20.10
Performance-based RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vesting period, years			3 years
Grants in period (time-vested or performance-based RSUs)	0	2,240	72,950	68,570
Weighted average grant date fair value (in dollars per share)			$ 15.61	$ 20.10
Perfromance shares target award			100.00%
Performance-based RSUs [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Perfromance shares target award			0.00%
Performance-based RSUs [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Perfromance shares target award			150.00%

Share Based Compensation (Weigh

Share Based Compensation (Weighted average assumptions by grant year) (Details) - $ / shares	6 Months Ended
	Jul. 31, 2016	Jul. 31, 2015
Share-based Compensation [Abstract]
Risk-free interest rate	1.05%	1.33%
Expected dividend yield	3.33%	2.59%
Expected volatility factor	32.61%	36.81%
Expected option term (in years)	4 years	3 years 9 months
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 3.05	$ 4.77

Segment Reporting (Details)

Segment Reporting (Details) - USD ($) $ in Thousands		3 Months Ended				6 Months Ended
		Jul. 31, 2016		Jul. 31, 2015		Jul. 31, 2016		Jul. 31, 2015
Segment Reporting Information [Line Items]
Net sales		$ 67,598		$ 67,518		$ 135,958		$ 137,791
Operating income		6,696		6,429		14,746		13,643
Administrative and general expenses		(4,884)		(4,316)		(9,222)		(9,520)
Applied Technology [Member]
Segment Reporting Information [Line Items]
Gain (Loss) on Disposition of Assets		161		247		161		611
Net sales		22,668		20,411		54,124		52,821
Operating income		5,172	[1]	4,041	[2]	13,865	[1]	12,782	[2]
Engineered Films [Member]
Segment Reporting Information [Line Items]
Net sales		36,656		35,789		65,756		67,110
Operating income		6,659		5,365		10,537		9,836
Aerostar Division [Member]
Segment Reporting Information [Line Items]
Gain (Loss) on Disposition of Assets				(70)				(70)
Net sales		8,415		11,328		16,310		17,882
Operating income		(251)		1,314	[3]	(429)		461	[3]
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Net sales	[4]	(141)		(10)		(232)		(22)
Operating income	[4]	0		25		(5)		84
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Operating income		$ 11,580		$ 10,745		$ 23,968		$ 23,163
[1]	(b) Includes $161 gain for both the three- and six-month periods ended July 31, 2016 on the disposal of an idle manufacturing plant held for sale.
[2]	(c) Includes gains of $247 and $611 for the three- and six-month periods ended July 31, 2015, respectively, on disposal of assets related to the exit of contract manufacturing operations.
[3]	(d) Includes ($70) loss for both the three- and six-month periods ended July 31, 2015 on disposal of an idle manufacturing plant held for sale.
[4]	(a) Intersegment sales for both fiscal 2017 and 2016 were primarily sales from Engineered Films to Aerostar.