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Segment Data
 6 Months Ended
May 04, 2018
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 a wholly-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 tables present the summarized financial information concerning the company’s reportable segments:
(Dollars in thousands)
 
 
 
 
 
 
 
 
Three Months Ended May 4, 2018
 
Professional
 
Residential
 
Other
 
Total
Net sales
 
$
660,373

 
$
212,169

 
$
2,738

 
$
875,280

Intersegment gross sales
 
10,664

 
107

 
(10,771
)
 
—

Earnings (loss) before income taxes
 
$
164,979

 
$
26,304

 
$
(22,117
)
 
$
169,166

(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)
 
 
 
 
 
 
 
 
Six Months Ended May 4, 2018
 
Professional
 
Residential
 
Other
 
Total
Net sales
 
$
1,064,042

 
$
354,676

 
$
4,808

 
$
1,423,526

Intersegment gross sales
 
17,122

 
163

 
(17,285
)
 
—

Earnings (loss) before income taxes
 
240,891

 
42,017

 
(47,357
)
 
235,551

Total assets
 
$
963,564

 
$
288,248

 
$
383,935

 
$
1,635,747


(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


The following table presents the details of the Other segment operating loss before income taxes:
 
 
Three Months Ended
 
Six Months Ended
(Dollars in thousands)
 
May 4,
2018
 
May 5,
2017
 
May 4,
2018
 
May 5,
2017
Corporate expenses
 
$
(21,096
)
 
$
(26,250
)
 
$
(45,497
)
 
$
(50,211
)
Interest expense
 
(4,720
)
 
(4,676
)
 
(9,538
)
 
(9,559
)
Other income
 
3,699

 
5,189

 
7,678

 
8,862

Total Other segment operating loss before income taxes
 
$
(22,117
)
 
$
(25,737
)
 
$
(47,357
)
 
$
(50,908
)