Segment Information

12 Months Ended

Jul. 31, 2016

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.

Following is a summary of segment information for the years ended July 31, 2016, 2015 and 2014:

	2016		2015		2014
Sales to External Customers:
ID Solutions	$	776,877	$	806,484	$	825,123
WPS	343,748		365,247		399,911
Total Company	$	1,120,625	$	1,171,731	$	1,225,034
Depreciation & Amortization:
ID Solutions	$	21,838	$	25,658	$	28,955
WPS	4,555		6,772		7,919
Corporate	6,039		7,028		7,724
Total Company	$	32,432	$	39,458	$	44,598
Segment Profit:
ID Solutions	$	169,776	$	149,840	$	176,129
WPS	59,847		56,502		66,238
Total Company	$	229,623	$	206,342	$	242,367
Assets:
ID Solutions	$	742,557	$	780,524	$	882,440
WPS	160,172		167,797		239,848
Corporate	141,235		114,576		131,377
Total Company	$	1,043,964	$	1,062,897	$	1,253,665
Expenditures for property, plant & equipment:
ID Solutions	$	11,511	$	18,732	$	28,774
WPS	5,446		3,970		10,580
Corporate	183		3,971		4,044
Total Company	$	17,140	$	26,673	$	43,398

Following is a reconciliation of segment profit to net earnings (loss) for the years ended July 31, 2016, 2015 and 2014:

	Years Ended July 31,
	2016		2015			2014
Total profit from reportable segments	$	229,623	$	206,342		$	242,367
Unallocated costs:
Administrative costs	111,745		107,348			120,015
Restructuring charges	—		16,821			15,012
Impairment charges (1)	—		46,867			148,551
Investment and other expense (income)	709		(845		)	(2,402		)
Interest expense	7,824		11,156			14,300
Earnings (loss) from continuing operations before income taxes	$	109,345	$	24,995		$	(53,109	)

(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 segment.

	Revenues* Years Ended July 31,									Long-Lived Assets** As of Years Ended July 31,
	2016			2015			2014			2016		2015		2014
Geographic information:
United States	$	663,511		$	677,401		$	675,771		$	376,045	$	389,150	$	425,733
Other	519,579			559,649			615,974			216,076		224,151		314,456
Eliminations	(62,465		)	(65,319		)	(66,711		)	—		—		—
Consolidated total	$	1,120,625		$	1,171,731		$	1,225,034		$	592,121	$	613,301	$	740,189
* Revenues are attributed based on country of origin.
** Long-lived assets consist of property, plant, and equipment, other intangible assets and goodwill.