Segment Information

3 Months Ended

Jul. 01, 2018

We have three reportable segments: Industrial, Water Treatment, and Health and Nutrition. The accounting policies of the segments are the same as those described in the summary of significant accounting policies in our fiscal 2018 Annual Report on Form 10-K.

We evaluate performance based on profit or loss from operations before income taxes not including nonrecurring gains and losses. Reportable segments are defined primarily by product and type of customer. Segments are responsible for the sales, marketing and development of their products and services. Other than our Health and Nutrition segment, the segments do not have separate accounting, administration, customer service or purchasing functions. We allocate certain corporate expenses to our operating segments. There are no intersegment sales and no operating segments have been aggregated. No single customer’s revenues amounted to 10% or more of our total revenue. Sales are primarily within the United States and all assets are located within the United States.



(In thousands)	Industrial		Water Treatment		Health and Nutrition		Total
Three months ended July 1, 2018:
Sales	$	74,018	$	40,869	$	34,913	$	149,800
Gross profit	10,443		11,437		6,577		28,457
Selling, general, and administrative expenses	5,487		5,101		4,391		14,979
Operating income	4,956		6,336		2,186		13,478
Three months ended July 2, 2017:
Sales	$	64,027	$	38,224	$	31,480	$	133,731
Gross profit	8,973		11,203		5,823		25,999
Selling, general, and administrative expenses	5,756		5,257		4,753		15,766
Operating income	3,217		5,946		1,070		10,233

No significant changes to identifiable assets by segment occurred during the three months ended July 1, 2018.