SEGMENT INFORMATION

9 Months Ended

Jul. 31, 2024

SEGMENT INFORMATION

SEGMENT INFORMATION

9.    SEGMENT INFORMATION

We operate in a single segment: industrial automation equipment.  We design, manufacture, and sell computerized (i.e., CNC) machine tools, consisting primarily of vertical machining centers (mills) and turning centers (lathes), to companies in the metal cutting industry through a worldwide sales, service, and distribution network.  Although most of our computer control systems and software products are proprietary, they predominantly use industry standard personal computer components. Our computer control systems and software products are primarily sold as integral components of our computerized machine tool products.  We also provide machine tool components, automation integration equipment and solutions for job shops, software options, control upgrades, accessories and replacement parts for our products, as well as customer service, training, and applications support.

The following table sets forth sales and service fees by product group and services for the three and nine months ended July 31, 2024 and 2023 (in thousands):

	Three Months Ended July 31,				Nine Months Ended July 31,
	2024		2023		2024		2023
Computerized Machine Tools	$	33,191	$	43,189	$	104,176	$	132,535
Computer Control Systems and Software †		697		778		1,866		1,916
Service Parts		6,535		7,166		20,389		21,101
Service Fees		2,228		2,068		6,451		6,150
Total	$	42,651	$	53,201	$	132,882	$	161,702

^† Amounts shown do not include computer control systems and software sold as an integrated component of computerized machine tools.