Business Combinations (Tables)

3 Months Ended

Apr. 30, 2020

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The Company completed the valuation of intangible assets during the first quarter of fiscal 2021 and is still in the process of completing pre-acquisition tax filings, which may impact taxes and goodwill in the measurement period. The following adjustments were made to the purchase price allocation during the three months ended April 30, 2020:

	Previously Reported		Measurement Period Adjustments		Adjusted Balance
Goodwill	$	56,022	$	55	$	56,077
Intangibles, net	31,800		(600)		31,200
Deferred income taxes	(4,158)		309		(3,849)
Accounts payable and other current liabilities	(1,462)		236		(1,226)
			$	—

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
	April 30, 2019
Net sales	$	98,278
Net income attributable to Raven Industries, Inc.	$	11,360
Earnings per common share
Basic	$	0.31
Diluted	$	0.31