Segment Information

3 Months Ended

Oct. 31, 2016

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company is organized and managed on a global basis within three operating segments, Identification Solutions, Workplace Safety, and People Identification ("PeopleID"), which aggregate into two reportable segments that are organized around businesses with consistent products and services: IDS and WPS. The Identification Solutions and PeopleID operating segments aggregate into the IDS reporting segment, while the WPS reporting segment is comprised solely of the Workplace Safety operating segment.

Effective August 1, 2016, the Company changed its internal measure of segment profit and loss that is reported to the chief operating decision maker for purposes of making decisions about allocating resources to the segment and assessing its performance. Prior to August 1, 2016, certain administrative costs were excluded from the measure of segment profit and loss. Effective August 1, 2016, a portion of these administrative costs have been included within the IDS and WPS segments, which includes the cost of finance, information technology, human resources, and certain other administrative costs. Interest Expense, investment and other income (expense), income taxes, and certain corporate administrative expenses continue to be excluded when evaluating segment performance.

Also effective August 1, 2016, the Company realigned certain businesses between the WPS and IDS reportable segments, resulting in increased revenues and segment profit in the IDS segment and equal and offsetting declines in revenues and segment profit in the WPS segment. The Company's accompanying segment information has been restated to reflect the change in measurement of segment profit and loss and the realignment of businesses.

The following is a summary of segment information for the three months ended October 31, 2016 and 2015:

	Three months ended October 31,
	2016		2015
Sales to External Customers:
ID Solutions	$	201,264	$	201,020
Workplace Safety	78,912		82,053
Total Company	$	280,176	$	283,073
Segment Profit:
ID Solutions	$	33,068	$	25,431
Workplace Safety	6,450		9,382
Total Company	$	39,518	$	34,813

The following is a reconciliation of segment profit to earnings before income taxes for the three months ended October 31, 2016 and 2015:

	Three months ended October 31,
	2016			2015
Total profit from reportable segments	$	39,518		$	34,813
Unallocated amounts:
Administrative costs	(6,310		)	(4,711		)
Investment and other (expense) income	(489		)	(759		)
Interest expense	(1,732		)	(2,151		)
Earnings before income taxes	$	30,987		$	27,192