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Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Oct. 31, 2020
Oct. 31, 2019
Oct. 31, 2020
Oct. 31, 2019
Income Statement [Abstract]        
Net sales $ 96,607,000 $ 100,533,000 $ 268,282,000 $ 296,769,000
Cost of sales 62,083,000 70,229,000 175,159,000 200,061,000
Gross profit 34,524,000 30,304,000 93,123,000 96,708,000
Research and development expenses 10,949,000 7,662,000 32,262,000 22,000,000
Selling, general, and administrative expenses 14,284,000 11,310,000 41,488,000 37,685,000
Operating income 9,291,000 11,332,000 19,373,000 37,023,000
Other income (expense), net (423,000) 84,000 (514,000) 398,000
Income before income taxes 8,868,000 11,416,000 18,859,000 37,421,000
Income tax expense 140,000 1,483,000 363,000 5,512,000
Net income 8,728,000 9,933,000 18,496,000 31,909,000
Net loss attributable to redeemable noncontrolling interest and noncontrolling interest 0 (1,000) (98,000) (1,000)
Net income attributable to Raven Industries, Inc. $ 8,728,000 $ 9,934,000 $ 18,594,000 $ 31,910,000
Net income per common share:        
Basic (in dollars per share) $ 0.24 $ 0.28 $ 0.52 $ 0.89
Diluted (in dollars per share) $ 0.24 $ 0.28 $ 0.51 $ 0.88
Comprehensive income:        
Net income $ 8,728,000 $ 9,933,000 $ 18,496,000 $ 31,909,000
Other comprehensive income (loss):        
Foreign currency translation 148,000 (40,000) (563,000) (343,000)
Postretirement benefits, net of income tax benefit of $1, $4, $3 and $11, respectively (2,000) (12,000) (7,000) (37,000)
Other comprehensive income (loss), net of tax 146,000 (52,000) (570,000) (380,000)
Comprehensive income 8,874,000 9,881,000 17,926,000 31,529,000
Comprehensive loss attributable to redeemable noncontrolling interest and noncontrolling interest 0 (1,000) (98,000) (1,000)
Comprehensive income attributable to Raven Industries, Inc. 8,874,000 9,882,000 18,024,000 31,530,000
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax $ 1,000 $ 4,000 $ 3,000 $ 11,000