Segment Information

9 Months Ended

Apr. 30, 2017

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company is organized and managed on a global basis within three operating segments, Identification Solutions ("IDS"), Workplace Safety ("WPS"), and People Identification ("People ID"), which aggregate into two reportable segments that are organized around businesses with consistent products and services: IDS and WPS. The Identification Solutions and People ID 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 tax expense, 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 and nine months ended April 30, 2017 and 2016:

	Three months ended April 30,				Nine months ended April 30,
	2017		2016		2017		2016
Sales to External Customers
ID Solutions	$	196,880	$	201,482	$	589,106	$	592,282
Workplace Safety	79,047		85,334		234,998		246,237
Total Company	$	275,927	$	286,816	$	824,104	$	838,519
Segment Profit
ID Solutions	$	32,633	$	31,898	$	94,676	$	80,385
Workplace Safety	5,120		6,012		17,615		21,690
Total Company	$	37,753	$	37,910	$	112,291	$	102,075

The following is a reconciliation of segment profit to earnings before income taxes for the three and nine months ended April 30, 2017 and 2016:

	Three months ended April 30,						Nine months ended April 30,
	2017			2016			2017			2016
Total profit from reportable segments	$	37,753		$	37,910		$	112,291		$	102,075
Unallocated amounts:
Administrative costs	(6,203		)	(7,126		)	(17,571		)	(17,600		)
Investment and other income (expense)	453			721			560			(1,030		)
Interest expense	(1,375		)	(1,838		)	(4,565		)	(6,119		)
Earnings before income taxes	$	30,628		$	29,667		$	90,715		$	77,326