Segment Information

12 Months Ended

Apr. 30, 2014

Segment Reporting [Abstract]

Segment Information

Note 9—Segment Information

The Company’s operations are classified into two business segments: Domestic Operations and International Operations. The Domestic Operations segment principally designs, manufactures, and installs scientific and technical furniture, including steel and wood laboratory cabinetry, fume hoods, laminate casework, flexible systems, worksurfaces, workstations, workbenches, and computer enclosures. The International Operations segment, which consists of five foreign subsidiaries as identified in Note 1, provides the Company’s products and services, including facility design, detailed engineering, construction, and project management from the planning stage through testing and commissioning of laboratories.

Intersegment transactions are recorded at normal profit margins. All intercompany balances and transactions have been eliminated. Certain corporate expenses shown below have not been allocated to the business segments.

The following table shows revenues, earnings, and other financial information by business segment for each of the three years ended April 30:

$ in thousands	Domestic Operations		International Operations		Corporate			Total
Fiscal Year 2014
Revenues from external customers	$	91,750	$	19,416	$	—		$	111,166
Intersegment revenues		3,378		2,455		(5,833	)		—
Depreciation		2,432		117		—			2,549
Earnings (loss) before income taxes		7,386		2,603		(4,003	)		5,986
Income tax expense (benefit)		2,482		855		(1,354	)		1,983
Net earnings attributable to noncontrolling interest		—		108		—			108
Net earnings (loss) attributable to Kewaunee Scientific Corporation		4,904		1,640		(2,649	)		3,895
Segment assets		47,890		14,827		—			62,717
Expenditures for segment assets		1,822		199		—			2,021
Revenues (excluding intersegment) to customers in foreign countries		1,113		19,416		—			20,529
Fiscal Year 2013
Revenues from external customers	$	93,519	$	23,602	$	—		$	117,121
Intersegment revenues		6,722		2,443		(9,165	)		—
Depreciation		2,523		130		—			2,653
Earnings (loss) before income taxes		6,908		2,622		(4,309	)		5,221
Income tax expense (benefit)		2,025		786		(1,271	)		1,540
Net earnings attributable to noncontrolling interest		—		637		—			637
Net earnings (loss) attributable to Kewaunee Scientific Corporation		4,883		1,199		(3,038	)		3,044
Segment assets		52,252		16,490		—			68,742
Expenditures for segment assets		2,314		91		—			2,405
Revenues (excluding intersegment) to customers in foreign countries		942		23,602		—			24,544
Fiscal Year 2012
Revenues from external customers	$	83,971	$	18,876	$	—		$	102,847
Intersegment revenues		5,290		3,051		(8,341	)		—
Depreciation		2,513		151		—			2,664
Earnings (loss) before income taxes		3,400		2,472		(3,333	)		2,539
Income tax expense (benefit)		1,349		779		(1,389	)		739
Net earnings attributable to noncontrolling interest		—		769		—			769
Net earnings (loss) attributable to Kewaunee Scientific Corporation		2,051		924		(1,944	)		1,031
Segment assets		49,373		13,988		—			63,361
Expenditures for segment assets		1,395		40		—			1,435
Revenues (excluding intersegment) to customers in foreign countries		1,717		18,876		—			20,593