Segment Reporting

6 Months Ended

Jul. 31, 2014

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 Division, Engineered Films Division and Aerostar Division. 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, 2014			July 31, 2013			July 31, 2014			July 31, 2013
Net sales
Applied Technology Division	$	36,247		$	39,091		$	82,535		$	90,272
Engineered Films Division	42,299			37,264			84,506			71,757
Aerostar Division	19,257			20,722			36,922			42,437
Intersegment eliminations (a)	(3,318		)	(3,656		)	(6,968		)	(7,365		)
Consolidated net sales	$	94,485		$	93,421		$	196,995		$	197,101
Operating income
Applied Technology Division	$	8,829		$	11,870		$	24,685		$	31,027
Engineered Films Division	5,816			4,770			11,679			9,524
Aerostar Division	1,628			964			1,639			2,770
Intersegment eliminations(a)	(82		)	(17		)	(20		)	(38		)
Total reportable segment income	16,191			17,587			37,983			43,283
Administrative and general expenses	(5,495		)	(5,019		)	(10,755		)	(9,781		)
Consolidated operating income	$	10,696		$	12,568		$	27,228		$	33,502

^(a) Intersegment sales were primarily from Aerostar to Applied Technology.