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Operating Segments
6 Months Ended
Jan. 31, 2024
Segment Reporting [Abstract]  
Operating Segment Disclosure OPERATING SEGMENTS
We have two operating segments: (1) Retail and Wholesale Products Group and (2) Business to Business Products Group. These operating segments are managed separately and each segment's major customers have different characteristics. The Retail and Wholesale Products Group customers include mass merchandisers, the farm and fleet channel, drugstore chains, pet specialty retail outlets, dollar stores, retail grocery stores, distributors of industrial cleanup and automotive products, environmental service companies, sports field product users and marketers of consumer products. The Business to Business Products Group customers include: processors and refiners of edible oils, renewable diesel, petroleum-based oils and biodiesel fuel; manufacturers of animal feed and agricultural chemicals; and distributors of animal health and nutrition products. Our operating segments are also our reportable segments. The accounting policies of the segments are the same as those described in Note 1 of the Notes to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended July 31, 2023.

Net sales for our principal products by segment are as follows (in thousands):

Business to Business Products GroupRetail and Wholesale Products Group
For the Six Months Ended January 31,
Product2024202320242023
Cat Litter$ $— $120,187 $110,580 
Industrial and Sports — 21,524 $20,787 
Agricultural and Horticultural19,593 19,788  — 
Bleaching Clay and Fluids Purification45,115 37,241  $— 
Animal Health and Nutrition10,687 11,812  — 
Net Sales$75,395 $68,841 141,711 $131,367 
Business to Business Products GroupRetail and Wholesale Products Group
For the Three Months Ended January 31,
Product2024202320242023
Cat Litter$ $— $59,326 $56,382 
Industrial and Sports — 10,108 10,133 
Agricultural and Horticultural9,278 9,785  — 
Bleaching Clay and Fluids Purification22,709 19,012  — 
Animal Health and Nutrition4,247 6,357  — 
Net Sales$36,234 $35,154 $69,434 $66,515 

We do not rely on any segment asset allocations and we do not consider them meaningful because of the shared nature of our production facilities; however, we have estimated the segment asset allocations below for those assets for which we can reasonably determine. The unallocated asset category is the remainder of our total assets. The asset allocation is estimated and is not a measure used by our chief operating decision maker about allocating resources to the operating segments or in assessing their performance. 
 Assets
January 31, 2024July 31, 2023
 (in thousands)
Business to Business Products Group$88,681 $84,424 
Retail and Wholesale Products Group143,962 136,262 
Unallocated Assets63,509 65,549 
Total Assets$296,152 $286,235 
Net sales and operating income for each segment are provided below. The corporate expenses line includes certain unallocated expenses, including primarily salaries, wages and benefits, purchased services, rent, utilities and depreciation and amortization associated with corporate functions such as information systems, finance, legal, human resources and customer service. 

 For the Six Months Ended January 31,
 Net SalesIncome
 2024202320242023
  (in thousands)
Business to Business Products Group$75,395 $68,841 $22,108 $14,991 
Retail and Wholesale Products Group$141,711 131,367 $23,208 16,256 
Net Sales$217,106 $200,208 
Corporate Expenses(16,995)(17,372)
Income from Operations28,321 13,875 
Total Other Expenses, Net(809)(2,399)
Income before Income Taxes27,512 11,476 
Income Tax Expense(4,388)(2,400)
Net Income23,124 9,076 
Net Loss Attributable to Noncontrolling Interest (21)
Net Income Attributable to Oil-Dri$23,124 $9,097 
For the Three Months Ended January 31,
Net SalesIncome
2024202320242023
(in thousands)
Business to Business Products Group$36,234 $35,154 $10,985 $7,734 
Retail and Wholesale Products Group$69,434 66,515 $11,877 8,682 
Net Sales$105,668 $101,669 
Corporate Expenses(7,697)(9,110)
Income from Operations15,165 7,306 
Total Other Expenses, Net(483)(2,267)
Income before Income Taxes14,682 5,039 
Income Tax Expense(2,300)(1,193)
Net Income12,382 3,846 
Net Loss Attributable to Noncontrolling Interest (10)
Net Income Attributable to Oil-Dri$12,382 $3,856