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Segment Data
 6 Months Ended
May 05, 2017
Segment Reporting [Abstract]  
Segment Data
Segment Data

The presentation of segment information reflects the manner in which management organizes segments for making operating decisions and assessing performance. On this basis, the company has determined it has three reportable business segments: Professional, Residential, and Distribution. The Distribution segment, which consists of the company-owned domestic distributorship, has been combined with the company’s corporate activities and elimination of intersegment revenues and expenses that is shown as “Other” in the following tables due to the insignificance of the segment.

The following table shows the summarized financial information concerning the company’s reportable segments:
(Dollars in thousands)
 
 
 
 
 
 
 
 
Three months ended May 5, 2017
 
Professional
 
Residential
 
Other
 
Total
Net sales
 
$
610,896

 
$
258,134

 
$
3,737

 
$
872,767

Intersegment gross sales
 
12,634

 
118

 
(12,752
)
 
—

Earnings (loss) before income taxes
 
$
149,011

 
$
35,047

 
$
(25,737
)
 
$
158,321

(Dollars in thousands)
 
 
 
 
 
 
 
 
Three months ended April 29, 2016
 
Professional
 
Residential
 
Other
 
Total
Net sales
 
$
595,209

 
$
238,231

 
$
3,001

 
$
836,441

Intersegment gross sales
 
12,249

 
129

 
(12,378
)
 
—

Earnings (loss) before income taxes
 
$
141,623

 
$
34,988

 
$
(22,369
)
 
$
154,242

(Dollars in thousands)
 
 
 
 
 
 
 
 
Six months ended May 5, 2017
 
Professional
 
Residential
 
Other
 
Total
Net sales
 
$
982,705

 
$
398,524

 
$
7,377

 
$
1,388,606

Intersegment gross sales
 
17,190

 
192

 
(17,382
)
 
—

Earnings (loss) before income taxes
 
217,177

 
51,605

 
(50,908
)
 
217,874

Total assets
 
$
892,610

 
$
265,913

 
$
440,235

 
$
1,598,758

(Dollars in thousands)
 
 
 
 
 
 
 
 
Six Months Ended April 29, 2016
 
Professional
 
Residential
 
Other
 
Total
Net sales
 
$
934,045

 
$
382,515

 
$
6,279

 
$
1,322,839

Intersegment gross sales
 
17,966

 
197

 
(18,163
)
 
—

Earnings (loss) before income taxes
 
203,215

 
51,727

 
(47,003
)
 
207,939

Total assets
 
$
890,577

 
$
301,907

 
$
347,170

 
$
1,539,654



The following table summarizes the components of the loss before income taxes included in “Other” shown above:
 
 
Three Months Ended
 
Six Months Ended
 
 
May 5,
2017
 
April 29,
2016
 
May 5,
2017
 
April 29,
2016
(Dollars in thousands)
 
 
 
 
Corporate expenses
 
$
(26,250
)
 
$
(23,584
)
 
$
(50,211
)
 
$
(48,367
)
Interest expense, net
 
(4,676
)
 
(4,721
)
 
(9,559
)
 
(9,375
)
Other
 
5,189

 
5,936

 
8,862

 
10,739

Total
 
$
(25,737
)
 
$
(22,369
)
 
$
(50,908
)
 
$
(47,003
)