Segment Information

12 Months Ended

Jul. 31, 2015

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company is organized and managed on a global basis within three business platforms, ID Solutions, Workplace Safety, and PeopleID, which aggregate into two reportable segments: IDS and WPS. The Company evaluates short-term segment performance based on segment profit or loss and customer sales. Segment profit or loss does not include certain administrative costs, such as the cost of finance, information technology, human resources, legal, and executive leadership, which are managed as global functions. Restructuring charges, impairment charges, equity compensation costs, interest expense, investment and other income (expense) and income taxes are also excluded when evaluating segment performance.

Each business platform has a President or Vice-President that reports directly to the Company's chief operating decision maker, its Chief Executive Officer. Each platform has its own distinct operations, which are managed locally by its own management team, maintains its own financial reports and is evaluated based on global segment profit. The Company has determined that these business platforms comprise its three operating segments, which aggregate into the two reportable segments based on the information used by the Chief Executive Officer to allocate resources and assess performance.

The segment results have been adjusted to reflect continuing operations in all periods presented. The depreciation and amortization expense and expenditures for property, plant and equipment for discontinued operations are included under “corporate,” which then reconcile to the total company amounts as listed in the Consolidated Statements of Cash Flows.

Following is a summary of segment information for the years ended July 31, 2015, 2014 and 2013:

	2015		2014		2013
Sales to External Customers:
ID Solutions	$	806,484	$	825,123	$	739,116
WPS	365,247		399,911		418,676
Total Company	$	1,171,731	$	1,225,034	$	1,157,792
Depreciation & Amortization:
ID Solutions	$	25,658	$	28,955	$	25,920
WPS	6,772		7,919		9,078
Corporate	7,028		7,724		13,727
Total Company	$	39,458	$	44,598	$	48,725
Segment Profit:
ID Solutions	$	149,840	$	176,129	$	174,390
WPS	56,502		66,238		95,241
Total Company	$	206,342	$	242,367	$	269,631
Assets:
ID Solutions	$	780,524	$	882,440	$	989,216
WPS	167,797		239,848		239,219
Corporate	114,576		131,377		210,248
Total Company	$	1,062,897	$	1,253,665	$	1,438,683
Expenditures for property, plant & equipment:
ID Solutions	$	18,732	$	28,774	$	18,186
WPS	3,970		10,580		8,459
Corporate	3,971		4,044		9,042
Total Company	$	26,673	$	43,398	$	35,687

Following is a reconciliation of segment profit to net earnings (loss) for the years ended July 31, 2015, 2014 and 2013:

	Years Ended July 31,
	2015			2014			2013
Total profit from reportable segments	$	206,342		$	242,367		$	269,631
Unallocated costs:
Administrative costs	107,348			120,015			121,693
Restructuring charges	16,821			15,012			26,046
Impairment charges (1)	46,867			148,551			204,448
Investment and other income	(845		)	(2,402		)	(3,523		)
Interest expense	11,156			14,300			16,641
Earnings (loss) from continuing operations before income taxes	$	24,995		$	(53,109	)	$	(95,674	)

(1) Of the total $46,867 impairment charges in fiscal 2015, $39,367 was in the WPS segment and $7,500 was in the IDS segment. The impairment charges in 2014 were in the IDS reportable segments. Of the total $204,448 impairment charges in fiscal 2013, $182,800 was in the WPS reportable segment and $21,648 was in the IDS reportable segment.

	Revenues* Years Ended July 31,									Long-Lived Assets** As of Years Ended July 31,
	2015			2014			2013			2015		2014		2013
Geographic information:
United States	$	677,401		$	675,771		$	615,861		$	389,150	$	425,733	$	576,539
Other	559,649			615,974			602,582			224,151		314,456		319,706
Eliminations	(65,319		)	(66,711		)	(60,651		)	—		—		—
Consolidated total	$	1,171,731		$	1,225,034		$	1,157,792		$	613,301	$	740,189	$	896,245
* Revenues are attributed based on country of origin.
** Long-lived assets consist of property, plant, and equipment, other intangible assets and goodwill.