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Segment Reporting
3 Months Ended
Oct. 31, 2015
Segment Reporting [Abstract]  
Segment Reporting
(15) Segment Reporting
The Company has five operating segments that it aggregates into two reportable segments based on similarities between: segment economic characteristics, nature of products, production process, type of customer, methods of distribution, and regulatory environment. The Company’s two reportable segments are Snacks and Nuts. The Snacks reportable segment reports results related primarily to products sold under Kettle Brand and KETTLE Chips and Pop Secret trade names. The Nuts reportable segment reports results related primarily to products sold under Emerald and Diamond of California brands.
The Company evaluates the performance of its segments based on net sales and gross profit. Gross profit is calculated as net sales less all cost of sales. The Company’s chief operating decision maker does not receive or utilize asset information to evaluate performance of operating segments, accordingly, asset-related information has not been presented. The accounting policies of the Company’s segments are the same as those described in Note 2 to our Consolidated Financial Statements in our Form 10-K for the fiscal year ended July 31, 2015.
The Company’s net sales and gross profit by segment were as follows:
 
Three Months Ended 
 October 31,
 
2015
 
2014
Net sales
 
 
 
Snacks
$
115,799

 
$
116,590

Nuts
109,050

 
130,031

Total
$
224,849

 
$
246,621

Gross profit
 
 
 
Snacks
$
42,307

 
$
42,956

Nuts
18,572

 
16,434

Total
$
60,879

 
$
59,390