Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017
Current assets
Cash and cash equivalents	$ 40,535	$ 50,648
Accounts receivable, net	58,532	43,143
Inventories	55,351	42,336
Other current assets	5,861	2,689
Total current assets	160,279	138,816
Property, plant and equipment, net	106,280	106,324
Goodwill	46,710	40,649
Amortizable intangible assets, net	10,584	12,048
Other assets	2,950	3,672
TOTAL ASSETS	326,803	301,509
Current liabilities
Accounts payable	13,106	8,467
Accrued liabilities	21,946	18,055
Customer advances	1,890	1,860
Total current liabilities	36,942	28,382
Other liabilities	13,795	13,696
Commitments and contingencies
Shareholders’ Equity
Common stock, $1 par value, authorized shares 100,000; issued 67,124 and 67,060, respectively	67,124	67,060
Paid in capital	59,143	55,795
Retained earnings	252,772	230,649
Accumulated other comprehensive loss	(2,573)	(3,676)
Less treasury stock at cost, 31,332 and 30,984 shares, respectively	(100,402)	(90,402)
Total Raven Industries, Inc. shareholders’ equity	276,064	259,426
Noncontrolling interest	2	5
Total shareholders’ equity	276,066	259,431
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 326,803	$ 301,509