Raven Industries (RAVN) 10-Q 27 Aug 20 2021 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended	6 Months Ended
	Jul. 31, 2020	Jul. 31, 2020	Aug. 21, 2020
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jul. 31, 2020
Document Transition Report	false
Entity File Number	001-07982
Entity Registrant Name	RAVEN INDUSTRIES, INC.
Entity Central Index Key	0000082166
Current Fiscal Year End Date		--01-31
Document Fiscal Year Focus		2021
Document Fiscal Period Focus	Q2
Entity Incorporation, State or Country Code	SD
Entity Tax Identification Number	46-0246171
Entity Address, Address Line One	205 East 6th Street, P.O. Box 5107
Entity Address, City or Town	Sioux Falls
Entity Address, State or Province	SD
Entity Address, Postal Zip Code	57117-5107
City Area Code	605
Local Phone Number	336-2750
Title of 12(g) Security	Common Stock, $1 par value
Trading Symbol	RAVN
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Amendment Flag	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding			35,845,223
Entity Shell Company	false

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jul. 31, 2020	Jan. 31, 2020
Current assets
Cash and cash equivalents	$ 15,813	$ 20,707
Accounts receivable, net	53,032	62,552
Inventories, net	51,302	53,899
Other current assets	5,814	5,436
Total current assets	125,961	142,594
Property, plant and equipment, net	104,937	100,850
Goodwill	105,703	106,509
Intangible assets, net	44,175	46,217
Other assets	11,001	7,087
TOTAL ASSETS	391,777	403,257
Current liabilities
Accounts payable	17,960	14,893
Accrued liabilities	20,422	20,743
Other current liabilities	3,013	2,287
Total current liabilities	41,395	37,923
Long-term debt	378	225
Other liabilities	32,453	29,161
Liabilities, Total	74,226	67,309
Commitments and contingencies (see Note 11)
Redeemable Noncontrolling Interest, Equity, Common, Carrying Amount	0	21,302
Shareholders' equity
Common stock, $1 par value, authorized shares 100,000; issued 67,510 and 67,436, respectively	67,510	67,436
Paid-in capital	64,690	61,508
Retained earnings	302,665	302,300
Accumulated other comprehensive loss	(6,131)	(5,415)
Treasury stock at cost, 31,665 and 31,665 shares, respectively	(111,183)	(111,183)
Total shareholders' equity	317,551	314,646
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 391,777	$ 403,257
Stockholders' Equity, Number of Shares, Par Value and Other Disclosures [Abstract]
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	67,510,000	67,436,000
Treasury Stock, Common, Shares	31,665,000	31,665,000

Consolidated Statements of Inco

Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Income Statement [Abstract]
Net sales	$ 85,179	$ 98,058	$ 171,675	$ 196,236
Cost of sales	55,047	66,720	113,076	129,832
Gross profit	30,132	31,338	58,599	66,404
Research and development expenses	10,808	7,067	21,313	14,338
Selling, general, and administrative expenses	13,181	13,701	27,204	26,375
Operating income	6,143	10,570	10,082	25,691
Other income (expense), net	377	383	(91)	314
Income before income taxes	6,520	10,953	9,991	26,005
Income tax expense	701	2,187	223	4,029
Net income	5,819	8,766	9,768	21,976
Net loss attributable to redeemable noncontrolling interest and noncontrolling interest	0	0	(98)	0
Net income attributable to Raven Industries, Inc.	$ 5,819	$ 8,766	$ 9,866	$ 21,976
Net income per common share:
Basic (in dollars per share)	$ 0.16	$ 0.24	$ 0.27	$ 0.61
Diluted (in dollars per share)	$ 0.16	$ 0.24	$ 0.27	$ 0.60
Comprehensive income:
Net income	$ 5,819	$ 8,766	$ 9,768	$ 21,976
Other comprehensive income (loss):
Foreign currency translation	1,868	1	(711)	(303)
Postretirement benefits, net of income tax benefit of $1, $3, $2 and $7, respectively	(2)	(13)	(5)	(25)
Other comprehensive income (loss), net of tax	1,866	(12)	(716)	(328)
Comprehensive income	7,685	8,754	9,052	21,648
Comprehensive loss attributable to redeemable noncontrolling interest and noncontrolling interest	0	0	(98)	0
Comprehensive income attributable to Raven Industries, Inc.	7,685	8,754	9,150	21,648
Other comprehensive income, postretirement benefits, income tax benefit	$ 1	$ 3	$ 2	$ 7

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]	redeemable noncontrolling interest [Member]
Balance at beginning of period at Jan. 31, 2019	$ 308,957	$ 67,289	$ 59,655	$ (100,402)	$ 285,969	$ (3,556)	$ 308,955	$ 2
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	21,976				21,976		21,976
Other comprehensive income (loss):
Cumulative foreign currency translation adjustment	(303)					(303)	(303)
Cash dividends	(9,353)		96		(9,449)		(9,353)
Shares issued on stock options exercised, net of shares withheld for employee taxes	(721)	29	(750)				(721)
Shares issued on vesting of stock units, net of shares withheld for employee taxes	(2,320)	102	(2,422)				(2,320)
Stock Repurchased and Retired During Period, Value	(5,781)			(5,781)			(5,781)
Share-based compensation	2,548		2,548				2,548
Balance at end of period at Jul. 31, 2019	$ 314,978	67,420	59,127	(106,183)	298,496	(3,884)	314,976	2
Other comprehensive income (loss):
Common Stock, Dividends, Per Share, Declared	$ 0.26
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	$ 7
Temporary Equity, Carrying Amount, Beginning Balance at Jan. 31, 2019									$ 0
Increase (Decrease) in Temporary Equity [Roll Forward]
Net Income									0
Temporary Equity, Carrying Amount, Ending Balance at Jul. 31, 2019									0
Balance at beginning of period at Apr. 30, 2019	312,683	67,417	57,369	(102,683)	294,450	(3,872)	312,681	2
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	8,766				8,766		8,766	0
Other comprehensive income (loss):
Cumulative foreign currency translation adjustment	1					1	1
Postretirement benefits reclassified from accumulated other comprehensive income (loss) after tax (expense) benefit	(13)					(13)	(13)
Cash dividends	(4,671)		49		(4,720)		(4,671)
Shares issued on stock options exercised, net of shares withheld for employee taxes	(54)	3	(57)				(54)
Stock Repurchased and Retired During Period, Value	(3,500)			(3,500)			(3,500)
Share-based compensation	1,766		1,766				1,766
Balance at end of period at Jul. 31, 2019	$ 314,978	67,420	59,127	(106,183)	298,496	(3,884)	314,976	$ 2
Other comprehensive income (loss):
Common Stock, Dividends, Per Share, Declared	$ 0.13
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	$ 3
Temporary Equity, Carrying Amount, Beginning Balance at Apr. 30, 2019									0
Increase (Decrease) in Temporary Equity [Roll Forward]
Net Income									0
Temporary Equity, Carrying Amount, Ending Balance at Jul. 31, 2019									0
Balance at beginning of period at Jan. 31, 2020	314,646	67,436	61,508	(111,183)	302,300	(5,415)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	9,866				9,866
Other comprehensive income (loss):
Cumulative foreign currency translation adjustment	(711)					(711)
Postretirement benefits reclassified from accumulated other comprehensive income (loss) after tax (expense) benefit	(5)					(5)
Reclassification and Redeption of Noncontrolling Interest (see Note 6)	215		215
Cash dividends	(9,318)		183		(9,501)
Shares issued on stock options exercised, net of shares withheld for employee taxes	(113)	11	(124)
Shares issued on vesting of stock units, net of shares withheld for employee taxes	(638)	54	(692)
Share-based compensation	3,609		3,609
Balance at end of period at Jul. 31, 2020	$ 317,551	67,510	64,690	(111,183)	302,665	(6,131)
Other comprehensive income (loss):
Common Stock, Dividends, Per Share, Declared	$ 0.26
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	$ 2
Temporary Equity, Carrying Amount, Beginning Balance at Jan. 31, 2020									21,302
Increase (Decrease) in Temporary Equity [Roll Forward]
Net Income									(98)
Recalassification and Redemption of Noncontrolling Interest (see Note 6)									(21,204)
Temporary Equity, Carrying Amount, Ending Balance at Jul. 31, 2020									0
Balance at beginning of period at Apr. 30, 2020	312,424	67,500	62,505	(111,183)	301,599	(7,997)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	5,819				5,819
Other comprehensive income (loss):
Cumulative foreign currency translation adjustment	1,868					1,868	$ 1,868
Postretirement benefits reclassified from accumulated other comprehensive income (loss) after tax (expense) benefit	(2)					(2)
Cash dividends	(4,660)		93		(4,753)
Shares issued on vesting of stock units, net of shares withheld for employee taxes	(11)	1	(12)
Shares Granted, Value, Share-based Payment Arrangement, after Forfeiture	0	9	(9)
Share-based compensation	2,113		2,113
Balance at end of period at Jul. 31, 2020	$ 317,551	$ 67,510	$ 64,690	$ (111,183)	$ 302,665	$ (6,131)
Other comprehensive income (loss):
Common Stock, Dividends, Per Share, Declared	$ 0.13
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	$ 1
Temporary Equity, Carrying Amount, Beginning Balance at Apr. 30, 2020									0
Increase (Decrease) in Temporary Equity [Roll Forward]
Net Income									0
Temporary Equity, Carrying Amount, Ending Balance at Jul. 31, 2020									$ 0

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019
OPERATING ACTIVITIES:
Net income	$ 9,768	$ 21,976
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	8,478	8,122
Change in fair value of acquisition-related contingent consideration	(212)	243
Deferred income taxes	(2,392)	1,575
Share-based compensation expense	3,609	2,548
Other operating activities, net	(237)	1,544
Change in operating assets and liabilities:
Accounts receivable	8,669	(6,762)
Inventories	(204)	(7,326)
Other assets	(420)	107
Operating liabilities	3,525	4,133
Net cash provided by operating activities	30,584	26,160
INVESTING ACTIVITIES:
Capital expenditures	(7,783)	(3,784)
Proceeds from sale or maturity of Investments	336	993
Purchases of investments	(146)	(907)
Proceeds from sale of assets	251	0
Other investing activities	24	20
Net cash used in investing activities	(7,318)	(3,678)
FINANCING ACTIVITIES:
Dividends paid	(9,318)	(9,353)
Payments for common shares repurchased	0	(5,781)
Proceeds from debt	50,150	0
Repayments of debt	(50,000)	0
Payments for redeemable noncontrolling interest	(17,853)	0
Payment of acquisition-related contingent liabilities	0	(717)
Restricted stock units vested and issued	(638)	(2,320)
Employee stock options exercises	(113)	(722)
Other financing activities	(208)	(199)
Net cash used in financing activities	(27,980)	(19,092)
Effect of Exchange Rate on Cash and Cash Equivalents	(180)	(46)
Net Increase (decrease) in Cash and Cash Equivalents	(4,894)	3,344
Cash and Cash Equivalents, Beginning Balance	20,707	65,787
Cash and Cash Equivalents, Ending Balance	15,813	69,131
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Capital expenditures converted from inventories	$ 2,774	$ 0

Balance Sheet Information

Balance Sheet Information	6 Months Ended
	Jul. 31, 2020
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, 2020 January 31, 2020 Accounts receivable, net: Trade accounts $ 50,245 $ 56,978 Unbilled receivables 4,255 6,954 Allowance for doubtful accounts (1,468) (1,380) $ 53,032 $ 62,552 Inventories, net: Finished goods $ 7,582 $ 6,309 In process 1,944 3,287 Materials 41,776 44,303 $ 51,302 $ 53,899 Other current assets: Insurance policy benefit $ 38 $ 38 Income tax receivable 1,380 1,370 Prepaid expenses and other 4,396 4,028 $ 5,814 $ 5,436 Property, plant and equipment, net: (a) Land $ 3,117 $ 3,117 Buildings and improvements 83,134 80,330 Machinery and equipment 166,162 158,354 Financing lease right-of-use assets 1,071 881 Accumulated depreciation (148,547) (141,832) $ 104,937 $ 100,850 Other assets: Equity investments $ 1,404 $ 1,289 Operating lease right-of-use assets 7,729 4,275 Deferred income taxes 91 16 Other 1,777 1,507 $ 11,001 $ 7,087 Accrued liabilities: Salaries and related $ 2,742 $ 4,188 Benefits 5,867 5,339 Insurance obligations 1,822 1,680 Warranties 1,609 2,019 Income taxes 697 293 Other taxes 2,555 1,734 Acquisition-related contingent consideration 233 763 Lease liability 2,327 2,530 Other 2,570 2,197 $ 20,422 $ 20,743 Other liabilities: Postretirement benefits $ 8,772 $ 8,741 Acquisition-related contingent consideration 2,226 2,171 Lease liability 6,137 2,627 Deferred income taxes 3,642 7,080 Uncertain tax positions 2,614 2,606 Other 9,062 5,936 $ 32,453 $ 29,161 (a) Includes assets held for use and assets held for sale. The amount of assets held for sale at July 31, 2020, and January 31, 2020, were not material.

Net Income per Share

Net Income per Share	6 Months Ended
	Jul. 31, 2020
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 fully vested 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 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 321,613 92,974 321,534 29,976 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. $ 5,819 $ 8,766 $ 9,866 $ 21,976 Denominator: Weighted average common shares outstanding 35,838,509 35,933,618 35,818,224 35,947,842 Weighted average fully vested stock units outstanding 157,488 128,128 143,580 116,734 Denominator for basic calculation 35,995,997 36,061,746 35,961,804 36,064,576 Weighted average common shares outstanding 35,838,509 35,933,618 35,818,224 35,947,842 Weighted average fully vested stock units outstanding 157,488 128,128 143,580 116,734 Dilutive impact of stock options and restricted stock units 85,991 184,873 117,485 260,323 Denominator for diluted calculation 36,081,988 36,246,619 36,079,289 36,324,899 Net income per share ─ basic $ 0.16 $ 0.24 $ 0.27 $ 0.61 Net income per share ─ diluted $ 0.16 $ 0.24 $ 0.27 $ 0.60

Balance Sheet

Balance Sheet	6 Months Ended
	Jul. 31, 2020
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, 2020 January 31, 2020 Accounts receivable, net: Trade accounts $ 50,245 $ 56,978 Unbilled receivables 4,255 6,954 Allowance for doubtful accounts (1,468) (1,380) $ 53,032 $ 62,552 Inventories, net: Finished goods $ 7,582 $ 6,309 In process 1,944 3,287 Materials 41,776 44,303 $ 51,302 $ 53,899 Other current assets: Insurance policy benefit $ 38 $ 38 Income tax receivable 1,380 1,370 Prepaid expenses and other 4,396 4,028 $ 5,814 $ 5,436 Property, plant and equipment, net: (a) Land $ 3,117 $ 3,117 Buildings and improvements 83,134 80,330 Machinery and equipment 166,162 158,354 Financing lease right-of-use assets 1,071 881 Accumulated depreciation (148,547) (141,832) $ 104,937 $ 100,850 Other assets: Equity investments $ 1,404 $ 1,289 Operating lease right-of-use assets 7,729 4,275 Deferred income taxes 91 16 Other 1,777 1,507 $ 11,001 $ 7,087 Accrued liabilities: Salaries and related $ 2,742 $ 4,188 Benefits 5,867 5,339 Insurance obligations 1,822 1,680 Warranties 1,609 2,019 Income taxes 697 293 Other taxes 2,555 1,734 Acquisition-related contingent consideration 233 763 Lease liability 2,327 2,530 Other 2,570 2,197 $ 20,422 $ 20,743 Other liabilities: Postretirement benefits $ 8,772 $ 8,741 Acquisition-related contingent consideration 2,226 2,171 Lease liability 6,137 2,627 Deferred income taxes 3,642 7,080 Uncertain tax positions 2,614 2,606 Other 9,062 5,936 $ 32,453 $ 29,161 (a) Includes assets held for use and assets held for sale. The amount of assets held for sale at July 31, 2020, and January 31, 2020, were not material.

Tables

Tables	6 Months Ended
	Jul. 31, 2020
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 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 321,613 92,974 321,534 29,976
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. $ 5,819 $ 8,766 $ 9,866 $ 21,976 Denominator: Weighted average common shares outstanding 35,838,509 35,933,618 35,818,224 35,947,842 Weighted average fully vested stock units outstanding 157,488 128,128 143,580 116,734 Denominator for basic calculation 35,995,997 36,061,746 35,961,804 36,064,576 Weighted average common shares outstanding 35,838,509 35,933,618 35,818,224 35,947,842 Weighted average fully vested stock units outstanding 157,488 128,128 143,580 116,734 Dilutive impact of stock options and restricted stock units 85,991 184,873 117,485 260,323 Denominator for diluted calculation 36,081,988 36,246,619 36,079,289 36,324,899 Net income per share ─ basic $ 0.16 $ 0.24 $ 0.27 $ 0.61 Net income per share ─ diluted $ 0.16 $ 0.24 $ 0.27 $ 0.60

Selected Balance Sheet Informat

Selected Balance Sheet Information - USD ($) $ in Thousands	Jul. 31, 2020	Jan. 31, 2020
Accounts receivable, net:
Trade accounts	$ 50,245	$ 56,978
Unbilled receivables	4,255	6,954
Allowance for doubtful accounts	(1,468)	(1,380)
Accounts receivable, net	53,032	62,552
Inventories, net:
Finished goods	7,582	6,309
In process	1,944	3,287
Materials	41,776	44,303
Inventories, net	51,302	53,899
Other current assets:
Insurance policy benefit	38	38
Income tax receivable	1,380	1,370
Prepaid Expense and other	4,396	4,028
Other Assets, Current	5,814	5,436
Property, plant and equipment, net:
Property, plant and equipment, net	104,937	100,850
Other Assets (Noncurrent):
Equity investments	1,404	1,289
Operating Lease, Right-of-Use Asset	7,729	4,275
Deferred Income Taxes	91	16
Other	1,777	1,507
Other assets	11,001	7,087
Accrued liabilities:
Salaries and related	2,742	4,188
Benefits	5,867	5,339
Insurance obligations	1,822	1,680
Warranties	1,609	2,019
Income Taxes	697	293
Other taxes	2,555	1,734
Acquisition-related contingent consideration liability, current	233	763
Lease liability, current	2,327	2,530
Other	2,570	2,197
Accrued Liabilities	20,422	20,743
Other liabilities:
Postretirement benefits	8,772	8,741
Acquisition-related contingent consideration liability, long-term	2,226	2,171
Lease liability, noncurrent	6,137	2,627
Deferred Income Tax Liabilities, Net	3,642	7,080
Uncertain tax positions	2,614	2,606
Other, Noncurrent	9,062	5,936
Other Liabilities, Noncurrent	32,453	29,161
Land [Member]
Property, plant and equipment, net:
Property, plant and equipment	3,117	3,117
Building and Building Improvements [Member]
Property, plant and equipment, net:
Property, plant and equipment	83,134	80,330
Machinery and Equipment [Member]
Property, plant and equipment, net:
Property, plant and equipment	166,162	158,354
Right-of-use Assets, Financing Leases [Member]
Property, plant and equipment, net:
Property, plant and equipment	1,071	881
Property, plant and equipment, Owned and Right-of-Use Assets for financing lease [Member]
Property, plant and equipment, net:
Accumulated depreciation	(148,547)	(141,832)
Property, plant and equipment, net	$ 104,937	$ 100,850

Net Income per Share (Antidilut

Net Income per Share (Antidiluted Securities Excluded from Computation) Details - shares	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount (in options and restricted units)	321,613	92,974	321,534	29,976

Net Income per Share (Calculati

Net Income per Share (Calculation of Numerator and Denominator) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Numerator:
Net income attributable to Raven Industries, Inc.	$ 5,819	$ 8,766	$ 9,866	$ 21,976
Denominator:
Weighted average common shares outstanding (in shares)	35,838,509	35,933,618	35,818,224	35,947,842
Weighted average fully vested stock units outstanding (in shares)	157,488	128,128	143,580	116,734
Denominator for basic calculation (in shares)	35,995,997	36,061,746	35,961,804	36,064,576
Weighted average common shares outstanding (in shares)	35,838,509	35,933,618	35,818,224	35,947,842
Weighted average fully vested stock units outstanding (in shares)	157,488	128,128	143,580	116,734
Dilutive impact of stock options and restricted units (in shares)	85,991	184,873	117,485	260,323
Denominator for diluted calculation (in shares)	36,081,988	36,246,619	36,079,289	36,324,899
Net income per share - basic (in dollars per share)	$ 0.16	$ 0.24	$ 0.27	$ 0.61
Net income per share - diluted (in dollars per share)	$ 0.16	$ 0.24	$ 0.27	$ 0.60

Basis of Presentation and Princ

Basis of Presentation and Principles of Consolidation	6 Months Ended
	Jul. 31, 2020
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, geomembrane, construction, commercial lighter-than-air, and aerospace/defense markets. The Company is comprised of three unique operating units, or divisions, classified into reportable business segments: Applied Technology, Engineered Films, and Aerostar. The accompanying interim unaudited consolidated financial statements, which includes the accounts of Raven and its wholly-owned or controlled subsidiaries, net of intercompany balances and transactions, has been prepared by the Company in accordance with generally accepted accounting principles in the United States (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, these financial statements do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary to fairly present this financial information have been included. These financial statements should be read in conjunction with the audited consolidated financial statements and the accompanying notes included in the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2020. Financial results for the interim three- and six-month periods ended July 31, 2020, are not necessarily indicative of the results that may be expected for the year ending January 31, 2021. The January 31, 2020, consolidated balance sheet was derived from audited financial statements but does not include all disclosures required in an annual report on Form 10-K. 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. Redeemable noncontrolling interest The Company acquired a majority ownership in Dot Technology Corp. (DOT) in the fourth quarter of fiscal year 2020. Due to the redemption features provided to the minority shareholders in the acquisition, the 36% remaining noncontrolling interest was classified as a redeemable noncontrolling interest in the Company’s Consolidated Balance Sheets as of January 31, 2020. During the second quarter of fiscal 2021, the Company closed on the transaction to purchase the shares of the largest minority interest shareholder for $17,853, giving the Company full voting control of DOT. The majority ownership in DOT and redeemable noncontrolling interest is further described in Note 6 "Acquisitions and Divestitures of and Investments in Businesses and Technologies," and aligns under the Applied Technology segment. Related Party Transactions Following the acquisition of DOT, the Company sold products to, paid rent to, and purchased services for manufacturing, research and development (R&D), selling, and administration from a business owned by the largest minority interest shareholder of DOT. The total of these related party transactions was $199 and $1,954 for the three and six-month periods ended July 31, 2020, none of which was in accounts payable at July 31, 2020. As of July 31, 2020, all of the shares formerly held by this minority interest shareholder are owned by Raven and therefore the aforementioned minority interest shareholder is no longer considered a related party.

Summary of Significant Accounti

Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Notes)	6 Months Ended
	Jul. 31, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 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 for the fiscal year ended January 31, 2020, other than described in the Accounting Standards Adopted section below. Accounting Pronouncements Accounting Standards Adopted In the fiscal 2021 first quarter, the Company adopted, Financial Accounting Standards Board (FASB) Accounting Standard Update (ASU) No. 2018-13, "Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement" (ASU 2018-13), when it became effective. The amendments in ASU 2018-13 remove, modify, and add required disclosures for companies related to recurring and nonrecurring fair value measurements under Topic 820. Certain amendments in this guidance are required to be applied prospectively, and others are to be applied retrospectively. The amendments in ASU 2018-13 only related to financial statement disclosures and did not have a significant impact on the Company's consolidated financial statements or its note disclosures. In the fiscal 2021 first quarter, the Company adopted FASB ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments" (ASU 2016-13), when it became effective along with all subsequent amendments to Topic 326 issued by FASB. Current GAAP generally delays recognition of the full amount of credit losses until the loss is deemed 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. At adoption, the Company did not have any financial instruments in scope under ASU 2016-13 other than trade accounts receivables. In accordance with ASU 2016-13, the Company updated its current expected credit loss model for its trade accounts receivable and remeasured its allowance for doubtful accounts as of February 1, 2020. The remeasurement impact was immaterial and no cumulative accounting adjustment was recorded to retained earnings in the first quarter of fiscal year 2021. New Accounting Standards Not Yet Adopted

Revenue (Notes)

Revenue (Notes)	6 Months Ended
	Jul. 31, 2020
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	REVENUE Disaggregation of Revenues Revenue is disaggregated by major product category and geography, as we believe these categories best depict how the nature, amount, timing, and uncertainty of our revenue and cash flows are affected by economic factors. The following table includes a reconciliation of the disaggregated revenue by reportable segments. Service revenues are not material and are not separately disclosed. Revenue by Product Category Three Months Ended July 31, 2020 Three Months Ended July 31, 2019 ATD EFD AERO ELIM (a) Total ATD EFD AERO ELIM (a) Total Lighter-than-Air Domestic $ — $ — $ 10,008 $ — $ 10,008 $ — $ — $ 8,130 $ — $ 8,130 International — — 34 — 34 — — 15 — 15 Plastic Films & Sheeting Domestic — 32,478 — (38) 32,440 — 54,843 — (18) 54,825 International — 3,774 — — 3,774 — 2,673 — — 2,673 Precision Agriculture Equipment Domestic 28,000 — — (2) 27,998 20,374 — — — 20,374 International 7,502 — — — 7,502 6,997 — — — 6,997 Other Domestic — — 3,423 — 3,423 — — 4,966 — 4,966 International — — — — — — — 78 — 78 Totals $ 35,502 $ 36,252 $ 13,465 $ (40) $ 85,179 $ 27,371 $ 57,516 $ 13,189 $ (18) $ 98,058 Six Months Ended July 31, 2020 Six Months Ended July 31, 2019 ATD EFD AERO ELIM (a) Total ATD EFD AERO ELIM (a) Total Lighter-than-Air Domestic $ — $ — $ 16,090 $ — $ 16,090 $ — $ — $ 15,159 $ — $ 15,159 International — — 46 — 46 — — 49 — 49 Plastic Films & Sheeting Domestic — 63,034 — (98) 62,936 — 96,605 — (47) 96,558 International — 6,616 — — 6,616 — 5,203 — — 5,203 Precision Agriculture Equipment Domestic 58,861 — — (2) 58,859 49,958 — — — 49,958 International 18,648 — — — 18,648 19,138 — — — 19,138 Other Domestic — — 8,475 — 8,475 — — 10,088 — 10,088 International — — 5 — 5 — — 83 — 83 Totals $ 77,509 $ 69,650 $ 24,616 $ (100) $ 171,675 $ 69,096 $ 101,808 $ 25,379 $ (47) $ 196,236 (a) Intersegment sales for both fiscal 2021 and 2020 were primarily sales from Engineered Films to Aerostar. Contract Balances Contract balances consist of contract assets and contract liabilities. Contract assets primarily relate to the Company’s rights to consideration for work completed but not yet billed for at the reporting date, or retainage provisions on billings that have been issued. Contract liabilities primarily relate to consideration received from customers prior to transferring goods or services to the customer. Contract assets and contract liabilities are reported in "Accounts receivable, net" and "Other current liabilities" in the Consolidated Balance Sheets, respectively. During the six months ended July 31, 2020, the Company’s contract assets decreased by $2,699 while contract liabilities increased by $725, respectively. The change was primarily a result of the contract terms which include timing of customer payments, timing of invoicing, and progress made on open contracts. Due to the short-term nature of the Company’s contracts, substantially all contract liabilities are recognized as revenue during the twelve months thereafter. Changes in our contract assets and liabilities were as follows: July 31, January 31, $ Change % Change Contract assets $ 4,826 $ 7,525 $ (2,699) (35.9) % Contract liabilities 3,013 $ 2,288 $ 725 31.7 % Remaining Performance Obligations As of July 31, 2020, the Company has no remaining performance obligations related to customer contracts with an original expected duration of one year or more. Revenue recognized from performance obligations satisfied in the prior period during the three- and six-month periods ending July 31, 2020, were not material.

Acquisitions and Divestitures o

Acquisitions and Divestitures of and Investments in Businesses and Technologies	6 Months Ended
	Jul. 31, 2020
Business Combinations [Abstract]
Acquisitions of and Investments in Businesses and Technologies	ACQUISITIONS AND DIVESTITURES OF AND INVESTMENTS IN BUSINESSES AND TECHNOLOGIES Fiscal year 2021 There were no business acquisitions and divestitures or purchases of technologies in the three- and six-month periods ended July 31, 2020. Fiscal year 2020 On November 1, 2019, the Company acquired Smart Ag, Inc. (Smart Ag). Smart Ag is a technology company located in Ames, Iowa, that develops autonomous farming solutions for agriculture. Smart Ag offers aftermarket retrofit kits to automate farm equipment as well as a platform to connect, manage, and safely operate autonomous agricultural machinery. On November 13, 2019, the Company acquired a majority ownership in DOT . Simultaneously with acquiring this majority ownership, the Company contributed cash to DOT in exchange for additional equity, making the majority ownership percentage in DOT 60% when the transaction closed. DOT, located in Regina, Saskatchewan, Canada, designs autonomous agriculture solutions and manufactures a unique U-shaped agriculture platform to semi-autonomously handle a large variety of agriculture implements. The acquisition provided noncontrolling interest shareholders various put options that, if exercised, obligated the Company to purchase their outstanding DOT shares. Due to the redemption features, the noncontrolling interest was classified as a redeemable noncontrolling interest in the Company’s Consolidated Balance Sheets as of January 31, 2020. Both acquisitions aligned under the Company's Applied Technology Division and complement the division's suite of precision ag products and solutions. The aggregate purchase price was approximately $54,000 in the fourth quarter of fiscal year 2020, excluding the noncontrolling interest. During the first quarter of fiscal 2021, certain minority interest shareholders in DOT exercised their put options, requiring the Company to redeem the remaining noncontrolling interest in DOT. The Company closed on the transaction to purchase the shares of the largest minority shareholder for $17,853 in the second quarter of fiscal 2021. The remaining redeemable amount, as well as the liability for the noncontrolling interest redeemed in the prior fiscal year, totaling approximately $5,025, is payable in November 2021 and classified as "Other Liabilities" in the Consolidated Balance Sheet at July 31, 2020. The Company completed the valuation of intangible assets and pre-acquisition tax filings during the first and second quarters of fiscal 2021. The following adjustments were made to the purchase price allocation during the six months ended July 31, 2020: Previously Reported Measurement Period Adjustments Adjusted Balance Goodwill $ 56,022 $ (440) $ 55,582 Intangibles, net 31,800 (600) 31,200 Deferred income taxes (4,158) 1,005 (3,153) Accounts payable and other current liabilities (1,462) 35 (1,427) $ — Identifiable intangible assets acquired were primarily indefinite-lived intangible assets for in-process research and development. Amortization of these indefinite-lived intangible assets will start when the current in-process research and development project is complete and the product is commercialized. Amortization of the indefinite-lived intangibles will be on a straight-line basis over the remaining estimated useful lives of these assets. The Company expects the useful lives will range from seven to ten years. The following pro forma consolidated condensed financial results of operations are presented as if the acquisitions described above had been included in the Company's consolidated financial statements for the prior year comparative period (unaudited): (Unaudited) Three Months Ended Six Months Ended July 31, 2019 July 31, 2019 Net sales $ 98,468 $ 196,746 Net income attributable to Raven Industries, Inc. $ 6,638 $ 17,998 Earnings per common share Basic $ 0.18 $ 0.50 Diluted $ 0.18 $ 0.50 Acquisition-related Contingent Consideration The Company has contingent liabilities related to the acquisitions of AgSync, Inc. (AgSync) in fiscal 2019; Colorado Lining International, Inc. (CLI) in fiscal 2018; and Raven Europe B.V. (Raven Europe), formerly named SBG Innovatie BV and its affiliate, Navtronics BVBA (collectively, SBG), in fiscal 2015. 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 particular contingent agreement as well as the appropriate discount rate. Such valuation techniques include one or more significant inputs that are not observable (Level 3 fair value measures). Changes in the fair value of the liability for acquisition-related contingent consideration are as follows: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Beginning balance $ 2,778 $ 3,956 $ 2,934 $ 4,172 Fair value of contingent consideration acquired — — — 310 Change in fair value of the liability (157) 149 (212) 243 Contingent consideration earn-out paid (162) (526) (263) (1,146) Ending balance $ 2,459 $ 3,579 $ 2,459 $ 3,579 Classification of liability in the consolidated balance sheet Accrued liabilities $ 233 $ 1,013 $ 233 $ 1,013 Other liabilities, long-term 2,226 2,566 2,226 2,566 Balance at July 31 $ 2,459 $ 3,579 $ 2,459 $ 3,579 For the acquisition of AgSync, the Company entered into a contingent earn-out agreement, not to exceed $3,500. The earn-out is to be paid annually over three years after the purchase date, contingent upon achieving certain revenue milestones. The Company has made no payments on this potential earn-out liability as of July 31, 2020. In the acquisition of CLI, the Company entered into a contingent earn-out agreement, not to exceed $2,000. The earn-out is paid annually for three years after the purchase date, contingent upon achieving certain revenue milestones and operational synergies. To date, the Company has paid a total of $1,333 of this potential earn-out liability.
Schedule of Business Acquisitions by Acquisition, Contingent Consideration [Table Text Block]	Changes in the fair value of the liability for acquisition-related contingent consideration are as follows: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Beginning balance $ 2,778 $ 3,956 $ 2,934 $ 4,172 Fair value of contingent consideration acquired — — — 310 Change in fair value of the liability (157) 149 (212) 243 Contingent consideration earn-out paid (162) (526) (263) (1,146) Ending balance $ 2,459 $ 3,579 $ 2,459 $ 3,579 Classification of liability in the consolidated balance sheet Accrued liabilities $ 233 $ 1,013 $ 233 $ 1,013 Other liabilities, long-term 2,226 2,566 2,226 2,566 Balance at July 31 $ 2,459 $ 3,579 $ 2,459 $ 3,579

Goodwill, Long-lived Assets and

Goodwill, Long-lived Assets and Other Intangibles Goodwill, Long-lived Assets and Other Intangibles (Notes)	6 Months Ended
	Jul. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill Impairment Loss and Other Charges	GOODWILL, LONG-LIVED ASSETS, AND OTHER CHARGES Goodwill 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. There were no goodwill impairment losses reported in the three- and six-month periods ending July 31, 2020 and 2019, respectively. The changes in the carrying amount of goodwill by reporting unit were as follows: Applied Technology (excluding Autonomy) Autonomy Engineered Aerostar Total Balance at January 31, 2020 $ 16,943 $ 55,700 $ 33,232 $ 634 $ 106,509 Changes due to business combinations — (440) — — (440) Foreign currency translation adjustment 184 (550) — — (366) Balance at July 31, 2020 $ 17,127 $ 54,710 $ 33,232 $ 634 $ 105,703 Long-lived Assets and Other Intangibles The Company assesses the recoverability of long-lived assets, including definite-lived intangibles and property, plant, and equipment, if events or changes in circumstances indicate that an asset might be impaired. For long-lived and intangible assets, management performs impairment reviews by asset group. Management periodically assesses for triggering events and discusses any significant changes in the utilization of long-lived assets. For purposes of recognition and measurement of an impairment loss, a long-lived asset is grouped with other assets and liabilities at the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities. When performing long-lived asset testing, the fair values of assets are determined based on valuation techniques using the best available information. Such valuations are derived from valuation techniques in which one or more significant inputs are not observable (Level 3 fair value measures). An impairment loss is recognized when the carrying amount is not recoverable and exceeds the fair value of the asset. The following table summarizes the components of intangible assets, which are reported net on the Consolidated Balance Sheets: July 31, 2020 January 31, 2020 Accumulated Accumulated Amount amortization Net Amount amortization Net Existing technology $ 9,237 $ (8,028) $ 1,209 $ 9,190 $ (7,706) $ 1,484 Customer relationships 16,111 (7,568) 8,543 16,067 (6,868) 9,199 Patents and other intangibles 6,824 (2,781) 4,043 6,678 (2,444) 4,234 In-process research and development (a) 30,380 — 30,380 31,300 — 31,300 Total $ 62,552 $ (18,377) $ 44,175 $ 63,235 $ (17,018) $ 46,217 (a) Refer to Note 6 "Acquisitions and Divestitures Of and Investments in Businesses and Technologies" for a more detailed description of these indefinite-lived intangible assets acquired in business combinations in fiscal 2020. A portion of these intangible assets are denominated in a foreign currency and subject to exchange rate fluctuations.

Employee Postretirement Benefit

Employee Postretirement Benefits	6 Months Ended
	Jul. 31, 2020
Retirement Benefits [Abstract]
Employee Postretirement Benefits	EMPLOYEE POSTRETIREMENT BENEFITS The Company provides postretirement medical and other benefits to certain current and past 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 $ 9 $ 7 $ 18 $ 14 Interest cost 70 84 140 167 Amortization of actuarial losses 43 24 86 48 Amortization of unrecognized gains in prior service cost (40) (40) (80) (80) Net periodic benefit cost $ 82 $ 75 $ 164 $ 149 Postretirement benefit cost components are reclassified in their entirety from accumulated other comprehensive loss to net periodic benefit cost. Service cost is 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. The components of the net periodic benefit cost, other than the service cost component, are classified as a non-operating expense in "Other income (expense), net" on the Consolidated Statements of Income and Comprehensive Income.

Warranties

Warranties	6 Months Ended
	Jul. 31, 2020
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 $ 1,606 $ 1,391 $ 2,019 $ 890 Change in provision 497 1,032 1,000 1,854 Settlements made (494) (684) (1,410) (1,005) Ending balance $ 1,609 $ 1,739 $ 1,609 $ 1,739

Debt Arrangements

Debt Arrangements	6 Months Ended
	Jul. 31, 2020
Debt Disclosure [Abstract]
Financing Arrangements	DEBT Credit Facility On September 20, 2019, the Company entered into a credit facility with Bank of America, N. A., as administrative agent, and Wells Fargo Bank, National Association (the Credit Agreement). The Credit Agreement provides for a syndicated senior revolving credit facility up to $100,000 with a maturity date of September 20, 2022. Loans or borrowings defined under the Credit Agreement accrue interest and fees at varying rates. The Credit Agreement includes an annual administrative fee as well as an unborrowed capacity fee. Debt under the agreement is subject to customary affirmative and negative covenants, including financial covenants. These financial covenants include a consolidated interest coverage ratio and consolidated leverage ratio, both of which are defined in the Credit Agreement. As of July 31, 2020, the Company has no outstanding borrowings under the Credit Agreement. The Company has $100,000 in availability under the Credit Agreement as of July 31, 2020. The unamortized debt issuance costs associated with the Credit Agreement were as follows: July 31, 2020 January 31, 2020 Unamortized debt issuance costs (a) $ 174 $ 215 (a) Unamortized debt issuance costs are amortized over the term of the Credit Agreement and are reported as "Other assets" in the Consolidated Balance Sheets. Letters of credit (LOC) issued and outstanding were as follows: July 31, 2020 January 31, 2020 Letters of credit outstanding (a) $ 50 $ 50 (a) Any draws required under the LOC would be settled with available cash or borrowings under the Credit Agreement. Long-Term Notes The Company assumed certain long-term notes pursuant to the acquisition of a majority ownership in DOT in fiscal year 2020 as described in Note 6 "Acquisitions and Divestitures of and Investments in Businesses and Technologies" . The related financial assistance agreement (Agreement) is between DOT and Western Economic Diversification Canada (WEDC), a government agency in Canada, that was entered into in August 2019. Under the Agreement, the WEDC agrees to contribute up to $5,000 in Canadian dollars, approximately $4,000 in US dollars, over a three-year period for costs incurred to develop a cloud-based distribution and service channel for a particular product being developed by DOT. DOT is eligible to receive contributions for costs incurred for purposes specified in the Agreement. The Company is required to repay the funds contributed by WEDC in 60 monthly installments beginning April 1, 2023, plus interest that begins on April 1, 2023, based on an average bank rate plus 3%. As of July 31, 2020, the Company had received $378 in contributions from WEDC and no repayments have been made. The outstanding liability balance is reported as "Long-term debt" on the Consolidated Balance Sheets. At July 31, 2020, the Company's debt maturities based on outstanding principal were as follows: 2021 2022 2023 2024 2025 Thereafter Maturities of debt $ — $ — $ — $ 378 $ — $ —

Commitments and Contingencies D

Commitments and Contingencies Disclosure	6 Months Ended
	Jul. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	COMMITMENTS AND CONTINGENCIES The Company is involved as a party in lawsuits, claims, regulatory inquiries, or disputes arising in the normal course of its business, the potential costs and liabilities of which cannot be determined at this time. Management does not believe the ultimate outcomes of its legal proceedings are likely to be material to its results of operations, financial position, or cash flows. In addition, the Company has insurance policies that provide coverage to various degrees for potential liabilities arising from legal proceedings. The Company entered into a Gift Agreement ("the Agreement") effective in January 2018 with the South Dakota State University Foundation, Inc. ("the Foundation"). This gift will be used for the establishment of a precision agriculture facility to support South Dakota State University's Precision Agriculture degrees and curriculum. The Agreement states that the Company will make a $5,000 gift to the Foundation, conditional on certain actions. Management concluded that the contingencies related to this gift were substantially met during the three-month period ended April 30, 2018, and a liability had been incurred. The fair value of this contingency at July 31, 2020, was $2,657 (measured based on the present value of the expected future cash outflows), of which $704 was classified as "Accrued liabilities" and $1,953 was classified as "Other liabilities." As of July 31, 2020, the Company has made payments related to the commitment totaling $2,145.

Income Tax Income Tax Disclosur

Income Tax Income Tax Disclosure	6 Months Ended
	Jul. 31, 2020
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, R&D tax credit, foreign-derived intangible income deduction, and tax-exempt insurance premiums. The Company’s effective tax rates were as follows: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Effective tax rate 10.8 % 20.0 % 2.2 % 15.5 % The decrease in the effective tax rate year-over-year was driven primarily by an increase in the R&D tax credit as a percentage of estimated pre-tax income in the current fiscal year. The Company's discrete tax benefit (expense) was as follows: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Discrete tax benefit (expense) $ (54) $ 22 $ 277 $ 1,190

Dividends and Treasury Stock

Dividends and Treasury Stock	6 Months Ended
	Jul. 31, 2020
Stockholders' Equity Note [Abstract]
Dividends and Treasury Stock	DIVIDENDS AND TREASURY STOCK Dividends paid to Raven shareholders were as follows: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Dividends paid (a) $ 4,660 $ 4,671 $ 9,318 $ 9,353 Dividends paid per share (in cents per share) (a) 13.0 13.0 26.0 26.0 (a) There were no declared and unpaid shareholder dividends at July 31, 2020 or 2019. On November 3, 2014, the Company announced that its Board of Directors ("Board") had authorized a $40,000 stock buyback program. Since that time, the Board has provided additional authorizations to increase the total amount authorized under the program to $75,000. This authorization remains in place until the authorized spending limit is reached or such authorization is revoked by the Board. The Company had no share repurchases in the three- and six-month periods ended July 31, 2020. Pursuant to the aforementioned authorizations, the Company repurchased 102,477 and 163,177 shares in the three- and six-month periods ended July 31, 2019. These purchases totaled $3,500 and $5,781, respectively. There were no share repurchases unpaid at July 31, 2020 or 2019. The remaining dollar value authorized for share repurchases at July 31, 2020 is $17,179 .

Share Based Compensation

Share Based Compensation	6 Months Ended
	Jul. 31, 2020
Share-based Payment Arrangement, Noncash Expense [Abstract]
Share Based Compensation	SHARE-BASED COMPENSATION Share-based compensation expense is recognized based on the fair value of the share-based awards expected to vest during the period. The share-based compensation expense was as follows: Three Months Ended Six Months Ended July 31, 2020 July 31, 2019 July 31, 2020 July 31, 2019 Cost of sales $ 38 $ 99 $ 118 $ 175 Research and development expenses 383 46 757 81 Selling, general, and administrative expenses 1,692 1,621 2,734 2,292 Total share-based compensation expense $ 2,113 $ 1,766 $ 3,609 $ 2,548

Segment Reporting

Segment Reporting	6 Months Ended
	Jul. 31, 2020
Segment Reporting [Abstract]
Segment Reporting	SEGMENT REPORTING The Company's operating segments, which are also its reportable segments, are defined by their product lines which have been generally grouped based on technology, manufacturing processes, and end-use application. The Company's reportable segments are Applied Technology Division, Engineered Films Division, and Aerostar Division. Separate financial information is available for each reportable segment and regularly evaluated by the Company's chief operating decision-maker, the President and Chief Executive Officer, in making resource allocation decisions for the Company's reportable segments. The Company measures the performance of its segments based on their operating income excluding administrative and general expenses. Other income, interest expense, and income taxes are not allocated to individual operating segments. Segment information is reported consistent with the Company's management reporting structure. Business segment financial performance and other information is as follows: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Net sales Applied Technology $ 35,502 $ 27,371 $ 77,509 $ 69,096 Engineered Films 36,252 57,516 69,650 101,808 Aerostar 13,465 13,189 24,616 25,379 Intersegment eliminations (a) (40) (18) (100) (47) Consolidated net sales $ 85,179 $ 98,058 $ 171,675 $ 196,236 Operating income (b) Applied Technology $ 6,511 $ 4,849 $ 15,450 $ 18,085 Engineered Films 4,465 10,150 6,072 16,513 Aerostar 1,751 2,943 2,044 4,939 Intersegment eliminations 11 1 51 2 Total reportable segment income 12,738 17,943 23,617 39,539 General and administrative expenses (b) (6,595) (7,373) (13,535) (13,848) Consolidated operating income $ 6,143 $ 10,570 $ 10,082 $ 25,691 (a) Intersegment sales for both fiscal 2021 and 2020 were primarily sales from Engineered Films to Aerostar. (b) At the segment level, operating income does not include an allocation of general and administrative expenses and, as a result, "General and administrative expenses" are reported as a deduction from "Total reportable segment income" to reconcile to "Operating income" reported in the Consolidated Statements of Income and Comprehensive Income.

Subsequent Events (Notes)

Subsequent Events (Notes)	6 Months Ended
	Jul. 31, 2020
Subsequent Events [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENTS On August 26, 2020 , the Company announced that the board of directors indefinitely suspended the Company’s regular quarterly cash dividend on its common stock . The Company intends to reallocate this capital to supplement and accelerate investments in the Company's Strategic Platforms for Growth; Raven Autonomy™ and Raven Composites™.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies New Accounting Standards (Policies)	6 Months Ended
	Jul. 31, 2020
New Accounting Standards [Abstract]
New Accounting Pronouncements, Policy	Accounting Standards Adopted In the fiscal 2021 first quarter, the Company adopted, Financial Accounting Standards Board (FASB) Accounting Standard Update (ASU) No. 2018-13, "Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement" (ASU 2018-13), when it became effective. The amendments in ASU 2018-13 remove, modify, and add required disclosures for companies related to recurring and nonrecurring fair value measurements under Topic 820. Certain amendments in this guidance are required to be applied prospectively, and others are to be applied retrospectively. The amendments in ASU 2018-13 only related to financial statement disclosures and did not have a significant impact on the Company's consolidated financial statements or its note disclosures. In the fiscal 2021 first quarter, the Company adopted FASB ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments" (ASU 2016-13), when it became effective along with all subsequent amendments to Topic 326 issued by FASB. Current GAAP generally delays recognition of the full amount of credit losses until the loss is deemed 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. At adoption, the Company did not have any financial instruments in scope under ASU 2016-13 other than trade accounts receivables. In accordance with ASU 2016-13, the Company updated its current expected credit loss model for its trade accounts receivable and remeasured its allowance for doubtful accounts as of February 1, 2020. The remeasurement impact was immaterial and no cumulative accounting adjustment was recorded to retained earnings in the first quarter of fiscal year 2021.
Description of New Accounting Pronouncements Not yet Adopted [Text Block]	New Accounting Standards Not Yet AdoptedThere are no significant ASU's issued not yet adopted as of July 31, 2020.

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jul. 31, 2020
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue [Table Text Block]	Disaggregation of Revenues Revenue is disaggregated by major product category and geography, as we believe these categories best depict how the nature, amount, timing, and uncertainty of our revenue and cash flows are affected by economic factors. The following table includes a reconciliation of the disaggregated revenue by reportable segments. Service revenues are not material and are not separately disclosed. Revenue by Product Category Three Months Ended July 31, 2020 Three Months Ended July 31, 2019 ATD EFD AERO ELIM (a) Total ATD EFD AERO ELIM (a) Total Lighter-than-Air Domestic $ — $ — $ 10,008 $ — $ 10,008 $ — $ — $ 8,130 $ — $ 8,130 International — — 34 — 34 — — 15 — 15 Plastic Films & Sheeting Domestic — 32,478 — (38) 32,440 — 54,843 — (18) 54,825 International — 3,774 — — 3,774 — 2,673 — — 2,673 Precision Agriculture Equipment Domestic 28,000 — — (2) 27,998 20,374 — — — 20,374 International 7,502 — — — 7,502 6,997 — — — 6,997 Other Domestic — — 3,423 — 3,423 — — 4,966 — 4,966 International — — — — — — — 78 — 78 Totals $ 35,502 $ 36,252 $ 13,465 $ (40) $ 85,179 $ 27,371 $ 57,516 $ 13,189 $ (18) $ 98,058 Six Months Ended July 31, 2020 Six Months Ended July 31, 2019 ATD EFD AERO ELIM (a) Total ATD EFD AERO ELIM (a) Total Lighter-than-Air Domestic $ — $ — $ 16,090 $ — $ 16,090 $ — $ — $ 15,159 $ — $ 15,159 International — — 46 — 46 — — 49 — 49 Plastic Films & Sheeting Domestic — 63,034 — (98) 62,936 — 96,605 — (47) 96,558 International — 6,616 — — 6,616 — 5,203 — — 5,203 Precision Agriculture Equipment Domestic 58,861 — — (2) 58,859 49,958 — — — 49,958 International 18,648 — — — 18,648 19,138 — — — 19,138 Other Domestic — — 8,475 — 8,475 — — 10,088 — 10,088 International — — 5 — 5 — — 83 — 83 Totals $ 77,509 $ 69,650 $ 24,616 $ (100) $ 171,675 $ 69,096 $ 101,808 $ 25,379 $ (47) $ 196,236
Contract with Customer, Asset and Liability [Table Text Block]	Changes in our contract assets and liabilities were as follows: July 31, January 31, $ Change % Change Contract assets $ 4,826 $ 7,525 $ (2,699) (35.9) % Contract liabilities 3,013 $ 2,288 $ 725 31.7 %

Business Combinations (Tables)

Business Combinations (Tables)	6 Months Ended
	Jul. 31, 2020
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The Company completed the valuation of intangible assets and pre-acquisition tax filings during the first and second quarters of fiscal 2021. The following adjustments were made to the purchase price allocation during the six months ended July 31, 2020: Previously Reported Measurement Period Adjustments Adjusted Balance Goodwill $ 56,022 $ (440) $ 55,582 Intangibles, net 31,800 (600) 31,200 Deferred income taxes (4,158) 1,005 (3,153) Accounts payable and other current liabilities (1,462) 35 (1,427) $ —
Business Acquisition, Pro Forma Information	The following pro forma consolidated condensed financial results of operations are presented as if the acquisitions described above had been included in the Company's consolidated financial statements for the prior year comparative period (unaudited): (Unaudited) Three Months Ended Six Months Ended July 31, 2019 July 31, 2019 Net sales $ 98,468 $ 196,746 Net income attributable to Raven Industries, Inc. $ 6,638 $ 17,998 Earnings per common share Basic $ 0.18 $ 0.50 Diluted $ 0.18 $ 0.50

Goodwill, Long-lived Assets a_2

Goodwill, Long-lived Assets and Other Intangibles (Tables)	6 Months Ended
	Jul. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill [Table Text Block]	The changes in the carrying amount of goodwill by reporting unit were as follows: Applied Technology (excluding Autonomy) Autonomy Engineered Aerostar Total Balance at January 31, 2020 $ 16,943 $ 55,700 $ 33,232 $ 634 $ 106,509 Changes due to business combinations — (440) — — (440) Foreign currency translation adjustment 184 (550) — — (366) Balance at July 31, 2020 $ 17,127 $ 54,710 $ 33,232 $ 634 $ 105,703
Schedule of Finite-Lived Intangible Assets [Table Text Block]	The following table summarizes the components of intangible assets, which are reported net on the Consolidated Balance Sheets: July 31, 2020 January 31, 2020 Accumulated Accumulated Amount amortization Net Amount amortization Net Existing technology $ 9,237 $ (8,028) $ 1,209 $ 9,190 $ (7,706) $ 1,484 Customer relationships 16,111 (7,568) 8,543 16,067 (6,868) 9,199 Patents and other intangibles 6,824 (2,781) 4,043 6,678 (2,444) 4,234 In-process research and development (a) 30,380 — 30,380 31,300 — 31,300 Total $ 62,552 $ (18,377) $ 44,175 $ 63,235 $ (17,018) $ 46,217 (a) Refer to Note 6 "Acquisitions and Divestitures Of and Investments in Businesses and Technologies" for a more detailed description of these indefinite-lived intangible assets acquired in business combinations in fiscal 2020. A portion of these intangible assets are denominated in a foreign currency and subject to exchange rate fluctuations.

Employee Postretirement Benef_2

Employee Postretirement Benefits Employee Postretirement Benefits (Tables)	6 Months Ended
	Jul. 31, 2020
Retirement Benefits [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 $ 9 $ 7 $ 18 $ 14 Interest cost 70 84 140 167 Amortization of actuarial losses 43 24 86 48 Amortization of unrecognized gains in prior service cost (40) (40) (80) (80) Net periodic benefit cost $ 82 $ 75 $ 164 $ 149

Warranties (Tables)

Warranties (Tables)	6 Months Ended
	Jul. 31, 2020
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 $ 1,606 $ 1,391 $ 2,019 $ 890 Change in provision 497 1,032 1,000 1,854 Settlements made (494) (684) (1,410) (1,005) Ending balance $ 1,609 $ 1,739 $ 1,609 $ 1,739

Debt Arrangements (Tables)

Debt Arrangements (Tables)	6 Months Ended
	Jul. 31, 2020
Line of Credit Facility [Line Items]
Schedule of Debt [Table Text Block]	The unamortized debt issuance costs associated with the Credit Agreement were as follows: July 31, 2020 January 31, 2020 Unamortized debt issuance costs (a) $ 174 $ 215
Debt Instrument Redemption	At July 31, 2020, the Company's debt maturities based on outstanding principal were as follows: 2021 2022 2023 2024 2025 Thereafter Maturities of debt $ — $ — $ — $ 378 $ — $ —
Schedule of Line of Credit Facilities [Table Text Block]	Letters of credit (LOC) issued and outstanding were as follows: July 31, 2020 January 31, 2020 Letters of credit outstanding (a) $ 50 $ 50

Income Tax Effective tax rate (

Income Tax Effective tax rate (Tables)	6 Months Ended
	Jul. 31, 2020
Income Tax Disclosure [Abstract]
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	The Company’s effective tax rates were as follows: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Effective tax rate 10.8 % 20.0 % 2.2 % 15.5 %
Discrete Tax Benefit (Expense) [Table Text Block]	Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Discrete tax benefit (expense) $ (54) $ 22 $ 277 $ 1,190

Dividends and Treasury Stock Ta

Dividends and Treasury Stock Tables (Tables)	6 Months Ended
	Jul. 31, 2020
Stockholders' Equity Note [Abstract]
Dividends Declared [Table Text Block]	Dividends paid to Raven shareholders were as follows: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Dividends paid (a) $ 4,660 $ 4,671 $ 9,318 $ 9,353 Dividends paid per share (in cents per share) (a) 13.0 13.0 26.0 26.0 (a) There were no declared and unpaid shareholder dividends at July 31, 2020 or 2019.

Share Based Compensation (Table

Share Based Compensation (Tables)	6 Months Ended
	Jul. 31, 2020
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	The share-based compensation expense was as follows: Three Months Ended Six Months Ended July 31, 2020 July 31, 2019 July 31, 2020 July 31, 2019 Cost of sales $ 38 $ 99 $ 118 $ 175 Research and development expenses 383 46 757 81 Selling, general, and administrative expenses 1,692 1,621 2,734 2,292 Total share-based compensation expense $ 2,113 $ 1,766 $ 3,609 $ 2,548

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jul. 31, 2020
Segment Reporting [Abstract]
Business segment net sales and operating income results	Business segment financial performance and other information is as follows: Three Months Ended Six Months Ended July 31, July 31, July 31, July 31, Net sales Applied Technology $ 35,502 $ 27,371 $ 77,509 $ 69,096 Engineered Films 36,252 57,516 69,650 101,808 Aerostar 13,465 13,189 24,616 25,379 Intersegment eliminations (a) (40) (18) (100) (47) Consolidated net sales $ 85,179 $ 98,058 $ 171,675 $ 196,236 Operating income (b) Applied Technology $ 6,511 $ 4,849 $ 15,450 $ 18,085 Engineered Films 4,465 10,150 6,072 16,513 Aerostar 1,751 2,943 2,044 4,939 Intersegment eliminations 11 1 51 2 Total reportable segment income 12,738 17,943 23,617 39,539 General and administrative expenses (b) (6,595) (7,373) (13,535) (13,848) Consolidated operating income $ 6,143 $ 10,570 $ 10,082 $ 25,691 (a) Intersegment sales for both fiscal 2021 and 2020 were primarily sales from Engineered Films to Aerostar. (b) At the segment level, operating income does not include an allocation of general and administrative expenses and, as a result, "General and administrative expenses" are reported as a deduction from "Total reportable segment income" to reconcile to "Operating income" reported in the Consolidated Statements of Income and Comprehensive Income.

Basis of Presentation and Pri_2

Basis of Presentation and Principles of Consolidation (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jul. 31, 2020USD ($)	Jul. 31, 2020USD ($)Divisions	Jul. 31, 2019USD ($)	Jan. 31, 2020
Organization, Consolidation and Presentation of Financial Statements Line Items [Line Items]
Number of operating units | Divisions		3
Payments to redeem minority non-controlling Interest	$ 17,853	$ 17,853	$ 0
Related Party Transaction, Amounts of Transaction	199	1,954
Due to Affiliate, Current	$ 0	$ 0
Dot Technology Corp. [Member]
Organization, Consolidation and Presentation of Financial Statements Line Items [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners				36.00%

Revenue Disaggregation of Reven

Revenue Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Disaggregation of Revenue [Line Items]
Net sales	$ 85,179	$ 98,058	$ 171,675	$ 196,236
Applied Technology [Member]
Disaggregation of Revenue [Line Items]
Net sales	35,502	27,371	77,509	69,096
Aerostar [Member]
Disaggregation of Revenue [Line Items]
Net sales	13,465	13,189	24,616	25,379
Engineered Films [Member]
Disaggregation of Revenue [Line Items]
Net sales	36,252	57,516	69,650	101,808
All Segments [Member]
Disaggregation of Revenue [Line Items]
Net sales	85,179	98,058	171,675	196,236
UNITED STATES | Lighter-than-air [Member]
Disaggregation of Revenue [Line Items]
Net sales	10,008	8,130	16,090	15,159
UNITED STATES | Plastic Films and Sheeting [Member]
Disaggregation of Revenue [Line Items]
Net sales	32,440	54,825	62,936	96,558
UNITED STATES | Precision Agriculture [Member]
Disaggregation of Revenue [Line Items]
Net sales	27,998	20,374	58,859	49,958
UNITED STATES | Other Product [Member]
Disaggregation of Revenue [Line Items]
Net sales	3,423	4,966	8,475	10,088
UNITED STATES | Applied Technology [Member] | Precision Agriculture [Member]
Disaggregation of Revenue [Line Items]
Net sales	28,000	20,374	58,861	49,958
UNITED STATES | Aerostar [Member] | Lighter-than-air [Member]
Disaggregation of Revenue [Line Items]
Net sales	10,008	8,130	16,090	15,159
UNITED STATES | Aerostar [Member] | Other Product [Member]
Disaggregation of Revenue [Line Items]
Net sales	3,423	4,966	8,475	10,088
UNITED STATES | Engineered Films [Member] | Plastic Films and Sheeting [Member]
Disaggregation of Revenue [Line Items]
Net sales	32,478	54,843	63,034	96,605
Non-US [Member] | Lighter-than-air [Member]
Disaggregation of Revenue [Line Items]
Net sales	34	15	46	49
Non-US [Member] | Plastic Films and Sheeting [Member]
Disaggregation of Revenue [Line Items]
Net sales	3,774	2,673	6,616	5,203
Non-US [Member] | Precision Agriculture [Member]
Disaggregation of Revenue [Line Items]
Net sales	7,502	6,997	18,648	19,138
Non-US [Member] | Other Product [Member]
Disaggregation of Revenue [Line Items]
Net sales	0	78	5	83
Non-US [Member] | Applied Technology [Member] | Precision Agriculture [Member]
Disaggregation of Revenue [Line Items]
Net sales	7,502	6,997	18,648	19,138
Non-US [Member] | Aerostar [Member] | Lighter-than-air [Member]
Disaggregation of Revenue [Line Items]
Net sales	34	15	46	49
Non-US [Member] | Aerostar [Member] | Other Product [Member]
Disaggregation of Revenue [Line Items]
Net sales	0	78	5	83
Non-US [Member] | Engineered Films [Member] | Plastic Films and Sheeting [Member]
Disaggregation of Revenue [Line Items]
Net sales	3,774	2,673	6,616	5,203
Consolidation, Eliminations [Member]
Disaggregation of Revenue [Line Items]
Net sales	(40)	(18)	(100)	(47)
Consolidation, Eliminations [Member] | UNITED STATES | Plastic Films and Sheeting [Member]
Disaggregation of Revenue [Line Items]
Net sales	(38)	(18)	(98)	(47)
Consolidation, Eliminations [Member] | UNITED STATES | Precision Agriculture [Member]
Disaggregation of Revenue [Line Items]
Net sales	(2)	0	(2)	0
Consolidation, Eliminations [Member] | Non-US [Member] | Plastic Films and Sheeting [Member]
Disaggregation of Revenue [Line Items]
Net sales	$ 0	$ 0	$ 0	$ 0

Revenue Contract Asset and Cont

Revenue Contract Asset and Contract Liabilities balances (Details) - Short-term Contract with Customer [Member] - USD ($) $ in Thousands	6 Months Ended
	Jul. 31, 2020	Jan. 31, 2020
Capitalized Contract Cost [Line Items]
Contract Assets	$ 4,826	$ 7,525
Change Contract Assets	$ (2,699)
Increase (decrease) in contract assets with customers, percentage	(35.90%)
Contract Liabilities	$ 3,013	$ 2,288
Change in contract liabilities	$ 725
Increase (decrease) in contract liabilities with customers, percentage	31.70%

Revenue Details (Details)

Revenue Details (Details) $ in Thousands	6 Months Ended
	Jul. 31, 2020USD ($)
Revenue from Contract with Customer [Abstract]
Performance obligations more than one year	$ 0

Acquisitions and Divestitures_2

Acquisitions and Divestitures of and Investments in Businesses and Technologies Business Combinations (Details) - USD ($) $ in Thousands	Nov. 13, 2019	Nov. 01, 2019	Jul. 31, 2020	Jan. 31, 2020	Jul. 31, 2020	Jul. 31, 2019
Business Combination, Description [Abstract]
Business Combination, Consideration Transferred					$ 0
Redeemable Noncontrolling Interest Payable, Noncurrent			$ 9,062	$ 5,936	9,062
Payments to redeem minority non-controlling Interest			17,853		17,853	$ 0
Applied Technology [Member] | Smart Ag [Member]
Business Combination, Description [Abstract]
Business Acquisition, Name of Acquired Entity		Smart Ag, Inc.
Business Acquisition, Effective Date of Acquisition		Nov. 1, 2019
Applied Technology [Member] | Dot Technology [Member]
Business Combination, Description [Abstract]
Business Acquisition, Name of Acquired Entity	DOT
Business Acquisition, Effective Date of Acquisition	Nov. 13, 2019
Redeemable Noncontrolling Interest, Percentage of Voting Interests Acquired	60.00%
Redeemable Noncontrolling Interest Payable, Noncurrent			5,025		$ 5,025
Payments to redeem minority non-controlling Interest			$ 17,853
Applied Technology [Member] | Smart Ag and DOT [Member]
Business Combination, Description [Abstract]
Business Combination, Consideration Transferred				$ 54,000

Acquisitions and Divestitures_3

Acquisitions and Divestitures of and Investments in Businesses and Technologies Acquisition-related Contingent Consideration (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Acquisition-related contingent consideration [Roll Forward]
Acquisition-related contingent consideration, Beginning Balance	$ 2,778	$ 3,956	$ 2,934	$ 4,172
Fair Value Contingent Consideration Acquisition of a Business	0	0	0	310
Change in fair value of acquisition-related contingent consideration	(157)	149	(212)	243
Contingent consideration earn-out paid	(162)	(526)	(263)	(1,146)
Acquisition-related contingent consideration, Ending Balance	2,459	3,579	2,459	3,579
Acquisition-related contingent consideration liability, current					$ 233	$ 1,013
Acquisition-related contingent consideration liability, Noncurrent					2,226	2,566
Business Combination, Contingent Consideration, Liability	$ 2,459	$ 3,579	$ 2,459	$ 3,579	2,459	$ 3,579
Applied Technology [Member] | AgSync [Member]
Business Combination, Contingent Consideration Arrangements [Abstract]
Contingent Consideration Term in Years			3 years
Contingent consideration, potential cash payment					3,500
Business acquisition contingent consideration cumulative paid			$ 0
Applied Technology [Member] | Raven Europe [Member]
Business Combination, Contingent Consideration Arrangements [Abstract]
Contingent Consideration Term in Years			10 years
Contingent consideration, potential cash payment					2,500
Business acquisition contingent consideration cumulative paid			$ 2,500
Engineered Films [Member] | CLI [Member]
Business Combination, Contingent Consideration Arrangements [Abstract]
Contingent Consideration Term in Years			3 years
Contingent consideration, potential cash payment					$ 2,000
Business acquisition contingent consideration cumulative paid			$ 1,333

Measurement Period Adjustments

Measurement Period Adjustments (Details) $ in Thousands	6 Months Ended
	Jul. 31, 2020USD ($)
Business Acquisition [Line Items]
Goodwill Beginning balance	$ 106,509
Goodwill Ending balance	105,703
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred	0
Smart Ag and DOT [Member]
Business Acquisition [Line Items]
Goodwill Beginning balance	56,022
Goodwill, Translation and Purchase Accounting Adjustments	(440)
Goodwill Ending balance	55,582
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets	31,800
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles	(600)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets	31,200
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities	(4,158)
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Assets	1,005
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities	(3,153)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable	(1,462)
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Liabilities	35
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable	$ (1,427)

Proforma Information (Details)

Proforma Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	6 Months Ended
	Jul. 31, 2020	Jul. 31, 2020
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Business Acquisition, Pro Forma Revenue	$ 98,468	$ 196,746
Business Acquisition, Pro Forma Net Income (Loss)	$ 6,638	$ 17,998
Business Acquisition, Pro Forma Earnings Per Share, Basic	$ 0.18	$ 0.50
Business Acquisition, Pro Forma Earnings Per Share, Diluted	$ 0.18	$ 0.50

Goodwill, Long-lived Assets a_3

Goodwill, Long-lived Assets and Other Intangibles Goodwill (Details) - USD ($) $ in Thousands	6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019
Goodwill [Line Items]
Goodwill impairment loss	$ 0	$ 0
Goodwill [Roll Forward]
Goodwill Beginning balance	106,509
Goodwill, Measurement Period Adjustment	(440)
Goodwill, Foreign Currency Translation Gain (Loss)	(366)
Goodwill Ending balance	105,703
Applied Technology (excluding Autonomy) [Member]
Goodwill [Roll Forward]
Goodwill Beginning balance	16,943
Goodwill, Measurement Period Adjustment	0
Goodwill, Foreign Currency Translation Gain (Loss)	184
Goodwill Ending balance	17,127
Autonomy [Member]
Goodwill [Roll Forward]
Goodwill Beginning balance	55,700
Goodwill, Measurement Period Adjustment	(440)
Goodwill, Foreign Currency Translation Gain (Loss)	(550)
Goodwill Ending balance	54,710
Engineered Films [Member]
Goodwill [Roll Forward]
Goodwill Beginning balance	33,232
Goodwill, Measurement Period Adjustment	0
Goodwill, Foreign Currency Translation Gain (Loss)	0
Goodwill Ending balance	33,232
Aerostar [Member]
Goodwill [Roll Forward]
Goodwill Beginning balance	634
Goodwill, Measurement Period Adjustment	0
Goodwill, Foreign Currency Translation Gain (Loss)	0
Goodwill Ending balance	$ 634

Goodwill, Long-lived Assets a_4

Goodwill, Long-lived Assets and Other Intangibles Long-lived Assets and Other Intangibles (Details) - USD ($) $ in Thousands	6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jan. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Long-lived asset impairment loss	$ 0	$ 0
Finite-Lived Intangible Assets, Accumulated Amortization	(18,377)		$ (17,018)
Intangible Assets, Gross (Excluding Goodwill)	62,552		63,235
Intangible assets, net	44,175		46,217
Indefinite-live In-process Research and Development [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	0		0
Indefinite-lived Intangible Assets (Excluding Goodwill)	30,380		31,300
Technology-Based Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	9,237		9,190
Finite-Lived Intangible Assets, Accumulated Amortization	(8,028)		(7,706)
Finite-Lived Intangible Assets, Net	1,209		1,484
Customer-Related Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	16,111		16,067
Finite-Lived Intangible Assets, Accumulated Amortization	(7,568)		(6,868)
Finite-Lived Intangible Assets, Net	8,543		9,199
Patents [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	6,824		6,678
Finite-Lived Intangible Assets, Accumulated Amortization	(2,781)		(2,444)
Finite-Lived Intangible Assets, Net	$ 4,043		$ 4,234

Employee Postretirement Benef_3

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, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	$ 9	$ 7	$ 18	$ 14
Interest cost	70	84	140	167
Amortization of actuarial losses	43	24	86	48
Amortization of unrecognized prior service cost (Credit)	(40)	(40)	(80)	(80)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)	$ 82	$ 75	$ 164	$ 149

Warranties (Details)

Warranties (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Product Warranty Accrual [Roll Forward]
Beginning balance	$ 1,606	$ 1,391	$ 2,019	$ 890
Change in provision	497	1,032	1,000	1,854
Settlements made	(494)	(684)	(1,410)	(1,005)
Ending balance	$ 1,609	$ 1,739	$ 1,609	$ 1,739

Financing Arrangements (Details

Financing Arrangements (Details) $ in Thousands, $ in Thousands	6 Months Ended
	Jul. 31, 2020USD ($)numberOfInstallmentPayments	Jul. 31, 2019USD ($)	Jul. 31, 2020CAD ($)	Sep. 20, 2019USD ($)
Line of Credit Facility [Line Items]
Repayments of debt	$ 50,000	$ 0
Bank of America [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Initiation Date	Sep. 20, 2019
Borrowing capacity under line of credit				$ 100,000
Maturity date of the line of credit	Sep. 20, 2022
Remaining borrowing capacity under the line of credit	$ 100,000
WEDC [Member]
Line of Credit Facility [Line Items]
Borrowing capacity under line of credit			$ 5,000
Number of Monthly installments to pay | numberOfInstallmentPayments	60
Interest rate at a future date	3.00%
Other Long-term Debt	$ 378
Repayments of debt	$ 0

Financing Arrangements Unamorti

Financing Arrangements Unamortized debt Issuance costs (Details) - USD ($) $ in Thousands	Jul. 31, 2020	Jan. 31, 2020
Line of Credit Facility [Line Items]
Unamortized debt issuance costs	$ 174	$ 215

Financing Arrangements Letters

Financing Arrangements Letters of Credit Outstanding (Details) - USD ($) $ in Thousands	Jul. 31, 2020	Jan. 31, 2020
Line of Credit Facility [Line Items]
Letters of Credit Outstanding, Amount	$ 50	$ 50

Debt Maturities (Details)

Debt Maturities (Details) $ in Thousands	Jul. 31, 2020USD ($)
Debt Disclosure [Abstract]
Long-term Debt, Maturities, Repayments of Principal, Remainder of Fiscal Year	$ 0
Long-term Debt, Maturities, Repayments of Principal in Year One	0
Long-term Debt, Maturities, Repayments of Principal in Year Two	0
Long-term Debt, Maturities, Repayments of Principal in Year Three	378
Long-term Debt, Maturities, Repayments of Principal in Year Four	0
Long-term Debt, Maturities, Repayments of Principal in Year Five	$ 0

Commitments and Contingencies (

Commitments and Contingencies (Details) - Charitable Gift [Member] $ in Thousands	6 Months Ended
	Jul. 31, 2020USD ($)
Loss Contingencies [Line Items]
Long-term Purchase Commitment, Amount	$ 5,000
Loss Contingency Accrual	2,657
Cumulative Loss Contingency Accrual, Payments	2,145
Accrued Liabilities [Member]
Loss Contingencies [Line Items]
Loss Contingency, Accrual, Current	704
Other Noncurrent Liabilities [Member]
Loss Contingencies [Line Items]
Loss Contingency, Accrual, Noncurrent	$ 1,953

Income Tax (Details)

Income Tax (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Income Tax Contingency [Line Items]
Effective tax rate, percent	10.80%	20.00%	2.20%	15.50%
Total Discrete tax benefit (expense), net	$ (54)	$ 22	$ 277	$ 1,190

Dividends and Treasury Stock (D

Dividends and Treasury Stock (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019	Jan. 31, 2015
Stockholders' Equity Note [Abstract]
Stock Repurchase Program, Authorized Amount	$ 75,000		$ 75,000		$ 40,000
Shares repurchased, Treasury Stock	0	102,477	0	163,177
Payments for Repurchase of Common Stock		$ 3,500	$ 0	$ 5,781
Unpaid repurchases of common stock	$ 0	$ 0	0	$ 0
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 17,179		$ 17,179

Dividends and Treasury Stock Di

Dividends and Treasury Stock Dividends paid (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Stockholders' Equity Note [Abstract]
Payments of Ordinary Dividends, Common Stock	$ 4,660	$ 4,671	$ 9,318	$ 9,353
Cash dividends paid per common share (in dollars per share)	$ 0.130	$ 0.130	$ 0.260	$ 0.260
Dividends Payable	$ 0	$ 0	$ 0	$ 0

Share Based Compensation (Detai

Share Based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Cost of Sales [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based Payment Arrangement, Expense	$ 38	$ 99	$ 118	$ 175
Research and Development Expense [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based Payment Arrangement, Expense	383	46	757	81
Selling, General and Administrative Expenses [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based Payment Arrangement, Expense	1,692	1,621	2,734	2,292
Operating Income (Loss) [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based Payment Arrangement, Expensed and Capitalized, Amount	$ 2,113	$ 1,766	$ 3,609	$ 2,548

Segment Reporting (Details)

Segment Reporting (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Segment Reporting Information [Line Items]
Net sales	$ 85,179	$ 98,058	$ 171,675	$ 196,236
Administrative and general expenses	(6,595)	(7,373)	(13,535)	(13,848)
Operating income	6,143	10,570	10,082	25,691
Applied Technology [Member]
Segment Reporting Information [Line Items]
Net sales	35,502	27,371	77,509	69,096
Operating income	6,511	4,849	15,450	18,085
Engineered Films [Member]
Segment Reporting Information [Line Items]
Net sales	36,252	57,516	69,650	101,808
Operating income	4,465	10,150	6,072	16,513
Aerostar [Member]
Segment Reporting Information [Line Items]
Net sales	13,465	13,189	24,616	25,379
Operating income	1,751	2,943	2,044	4,939
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Net sales	(40)	(18)	(100)	(47)
Operating income	11	1	51	2
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Net sales	85,179	98,058	171,675	196,236
Operating income	$ 12,738	$ 17,943	$ 23,617	$ 39,539

Subsequent Events (Details)

Subsequent Events (Details)	Aug. 26, 2020
Subsequent Event [Member]
Subsequent Event [Line Items]
Subsequent Event, Date	Aug. 26, 2020