Segment Information

3 Months Ended

Oct. 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 People Identification ("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 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 following is a summary of segment information for the three months ended October 31, 2015 and 2014:

	Three months ended October 31,
	2015		2014
Sales to External Customers:
ID Solutions	$	196,327	$	212,097
Workplace Safety	86,746		98,143
Total Company	$	283,073	$	310,240
Segment Profit:
ID Solutions	$	40,004	$	43,467
Workplace Safety	16,664		15,539
Total Company	$	56,668	$	59,006

The following is a reconciliation of segment profit to earnings from continuing operations before income taxes for the three months ended October 31, 2015 and 2014:

	Three months ended October 31,
	2015			2014
Total profit from reportable segments	$	56,668		$	59,006
Unallocated amounts:
Administrative costs	(26,566		)	(27,755		)
Restructuring charges	—			(4,278		)
Investment and other (expense) income	(759		)	323
Interest expense	(2,151		)	(2,891		)
Earnings from continuing operations before income taxes	$	27,192		$	24,405