Segment Information

12 Months Ended

Mar. 01, 2014

Segment Reporting [Abstract]

Business Segment Data

Business Segment Data

The Company has four reporting segments: Architectural Glass, Architectural Services, Architectural Framing Systems and Large-Scale Optical (LSO). The Architectural Glass segment fabricates glass used in customized window and wall systems comprising the outside skin of commercial and institutional buildings. The Architectural Services segment designs, engineers, fabricates and installs the walls of glass, and windows and other curtainwall products making up the outside skin of commercial and institutional buildings for new construction and renovation. The Architectural Framing Systems segment designs, engineers, fabricates and finishes the aluminum frames used in customized aluminum and glass window, curtainwall, storefront and entrance systems comprising the outside skin and entrances of commercial and institutional buildings. The Company has aggregated four operating segments into the Architectural Framing Systems reporting segment based upon their similar products, customers, distribution methods, production processes and economic characteristics. The LSO segment manufactures value-added glass and acrylic products for the custom picture framing market.

The following table presents certain data for the Company's four reporting segments, and consolidated data, for fiscal 2014, 2013 and 2012.

(In thousands)	2014			2013			2012
Net Sales
Architectural glass	$	293,810		$	266,456		$	278,087
Architectural services	203,351			186,570			149,779
Architectural framing systems	216,059			191,137			174,930
Large-scale optical	81,127			79,947			78,532
Intersegment elimination	(22,902		)	(23,886		)	(18,865		)
Total	$	771,445		$	700,224		$	662,463
Operating Income (Loss)
Architectural glass	$	3,861		$	(4,391	)	$	(19,595	)
Architectural services	4,479			(1,008		)	(2,879		)
Architectural framing systems	14,930			14,584			10,402
Large-scale optical	21,252			20,993			19,605
Corporate and other	(4,237		)	(2,759		)	(3,717		)
Total	$	40,285		$	27,419		$	3,816
Depreciation and Amortization
Architectural glass	$	11,624		$	12,230		$	13,585
Architectural services	1,421			844			509
Architectural framing systems	6,436			6,477			6,884
Large-scale optical	4,861			4,634			4,607
Corporate and other	2,208			2,344			1,661
Total	$	26,550		$	26,529		$	27,246
Capital Expenditures
Architectural glass	$	31,568		$	17,373		$	4,335
Architectural services	1,195			3,939			358
Architectural framing systems	7,008			8,151			2,232
Large-scale optical	546			2,792			1,244
Corporate and other	1,535			2,409			1,481
Total	$	41,852		$	34,664		$	9,650
Identifiable Assets
Architectural glass	$	205,606		$	180,662		$	172,265
Architectural services	66,567			54,696			42,433
Architectural framing systems	184,382			111,782			108,277
Large-scale optical	58,102			59,348			59,824
Corporate and other	50,700			113,653			110,305
Total	$	565,357		$	520,141		$	493,104

Due to the varying combinations and integration of individual window, storefront and curtainwall systems, the Company has determined that it is impractical to report product revenues generated by class of product, beyond the segment revenues currently reported.

The following table presents net sales, based on the location in which the sale originated, and long-lived assets, representing property, plant and equipment, net of related depreciation, by geographic region.

(In thousands)	2014		2013		2012
Net Sales
United States	$	718,881	$	668,243	$	628,362
Canada	15,850		—		—
Brazil	36,714		31,981		34,101
Total	$	771,445	$	700,224	$	662,463
Long-Lived Assets
United States	$	177,378	$	160,337	$	150,875
Canada	9,031		—		—
Brazil	7,537		8,611		8,672
Total	$	193,946	$	168,948	$	159,547

Apogee's export net sales from domestic operations of $52.5 million for fiscal 2014 were approximately 7 percent of consolidated net sales, export net sales of $63.5 million for fiscal 2013 were approximately 9 percent of consolidated net sales, and export sales of $75.7 million for fiscal 2012 were approximately 11 percent of consolidated net sales. All sales from Canada and Brazil were to customers outside the United States, and are subject to changes in the value of foreign currencies in relation to our reporting currency, the U.S. dollar. No single customer, including government agencies, accounts for 10 percent or more of consolidated net sales.

Segment operating income is equal to net sales less cost of sales and operating expenses. Operating income does not include provision for interest expense or income taxes. Corporate and other includes miscellaneous corporate activity not allocable to business segments.

Included in the identifiable assets for Corporate and other are the short and long-term available for sale securities at corporate and Prism of $11.5 million in fiscal 2014 and $38.8 million in fiscal 2013. Also included are short and long-term restricted investments at corporate of $2.5 million in fiscal 2014 and $26.4 million in fiscal 2013.