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Segment Data
 9 Months Ended
Aug. 04, 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 August 4, 2017
 
Professional
 
Residential
 
Other
 
Total
Net sales
 
$
468,564

 
$
152,127

 
$
7,252

 
$
627,943

Intersegment gross sales
 
6,577

 
78

 
(6,655
)
 
—

Earnings (loss) before income taxes
 
$
97,368

 
$
11,360

 
$
(20,345
)
 
$
88,383

(Dollars in thousands)
 
 
 
 
 
 
 
 
Three months ended July 29, 2016
 
Professional
 
Residential
 
Other
 
Total
Net sales
 
$
427,784

 
$
167,815

 
$
5,381

 
$
600,980

Intersegment gross sales
 
6,134

 
92

 
(6,226
)
 
—

Earnings (loss) before income taxes
 
$
89,096

 
$
12,767

 
$
(21,076
)
 
$
80,787

(Dollars in thousands)
 
 
 
 
 
 
 
 
Nine months ended August 4, 2017
 
Professional
 
Residential
 
Other
 
Total
Net sales
 
$
1,451,269

 
$
550,651

 
$
14,629

 
$
2,016,549

Intersegment gross sales
 
23,767

 
270

 
(24,037
)
 
—

Earnings (loss) before income taxes
 
314,545

 
62,965

 
(71,253
)
 
306,257

Total assets
 
$
852,919

 
$
207,452

 
$
509,173

 
$
1,569,544

(Dollars in thousands)
 
 
 
 
 
 
 
 
Nine months ended July 29, 2016
 
Professional
 
Residential
 
Other
 
Total
Net sales
 
$
1,361,829

 
$
550,330

 
$
11,660

 
$
1,923,819

Intersegment gross sales
 
24,100

 
289

 
(24,389
)
 
—

Earnings (loss) before income taxes
 
292,311

 
64,494

 
(68,079
)
 
288,726

Total assets
 
$
803,414

 
$
215,509

 
$
445,522

 
$
1,464,445



The following table summarizes the components of the loss before income taxes included in “Other” shown above:
 
 
Three Months Ended
 
Nine Months Ended
 
 
August 4,
2017
 
July 29,
2016
 
August 4,
2017
 
July 29,
2016
(Dollars in thousands)
 
 
 
 
Corporate expenses
 
$
(22,174
)
 
$
(19,903
)
 
$
(72,385
)
 
$
(68,270
)
Interest expense, net
 
(4,750
)
 
(4,646
)
 
(14,309
)
 
(14,021
)
Other
 
6,579

 
3,473

 
15,441

 
14,212

Total Other loss before income taxes
 
$
(20,345
)
 
$
(21,076
)
 
$
(71,253
)
 
$
(68,079
)