Business Segments And Foreign Operations

3 Months Ended

Nov. 30, 2019

Business Segments And Foreign Operations [Abstract]

Business Segments And Foreign Operations

Note 15. Business Segments and Foreign Operations

The Company evaluates the performance of its segments and allocates resources to them based on sales and operating income. The Company is organized on the basis of geographical area into the following three segments: the Americas; EMEA; and Asia-Pacific. Segment data does not include inter-segment revenues. Unallocated corporate expenses are general corporate overhead expenses not directly attributable to the business segments and are reported separate from the Company’s identified segments. The corporate overhead costs include expenses for the Company’s accounting and finance, information technology, human resources, research and development, quality control and executive management functions, as well as all direct costs associated with public company compliance matters including legal, audit and other professional services costs.

Summary information about reportable segments is as follows (in thousands):

							Unallocated
For the Three Months Ended	Americas		EMEA		Asia-Pacific		Corporate (1)		Total
November 30, 2019:
Net sales	$	46,736	$	39,245	$	12,575	$	-	$	98,556
Income from operations	$	10,580	$	8,592	$	3,202	$	(7,670)	$	14,704
Depreciation and
amortization expense	$	1,172	$	634	$	74	$	77	$	1,957
Interest income	$	4	$	1	$	20	$	-	$	25
Interest expense	$	342	$	99	$	1	$	-	$	442
November 30, 2018:
Net sales	$	47,791	$	38,745	$	14,746	$	-	$	101,282
Income from operations	$	11,302	$	8,375	$	3,741	$	(7,017)	$	16,401
Depreciation and
amortization expense	$	1,131	$	672	$	70	$	52	$	1,925
Interest income	$	6	$	18	$	27	$	-	$	51
Interest expense	$	708	$	-	$	2	$	-	$	710

(1)Unallocated corporate expenses are general corporate overhead expenses not directly attributable to any one of the business segments. These expenses are reported separate from the Company’s identified segments and are included in Selling, General and Administrative expenses on the Company’s condensed consolidated statements of operations.

The Company’s Chief Operating Decision Maker does not review assets by segment as part of the financial information provided, and therefore, no asset information is provided in the above table.

Net sales by product group are as follows (in thousands):

	Three Months Ended November 30,
	2019		2018
Maintenance products	$	89,670	$	92,468
Homecare and cleaning products		8,886		8,814
Total	$	98,556	$	101,282