Segment Information

12 Months Ended

Jul. 31, 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 segments 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.

Following is a summary of segment information for the years ended July 31, 2017, 2016 and 2015:

	2017		2016		2015
Sales to External Customers:
ID Solutions	$	800,392	$	795,511	$	826,824
WPS	312,924		325,114		344,907
Total Company	$	1,113,316	$	1,120,625	$	1,171,731
Depreciation & Amortization:
ID Solutions	$	23,092	$	27,285	$	32,228
WPS	4,211		5,147		7,230
Total Company	$	27,303	$	32,432	$	39,458
Segment Profit:
ID Solutions	$	130,572	$	112,276	$	89,392
WPS	25,554		30,792		29,344
Total Company	$	156,126	$	143,068	$	118,736
Assets:
ID Solutions	$	761,448	$	748,408	$	789,924
WPS	154,827		154,321		158,397
Corporate	133,948		141,235		114,576
Total Company	$	1,050,223	$	1,043,964	$	1,062,897
Expenditures for property, plant & equipment:
ID Solutions	$	12,347	$	11,640	$	21,483
WPS	2,820		5,500		5,190
Total Company	$	15,167	$	17,140	$	26,673

Following is a reconciliation of segment profit to net earnings for the years ended July 31, 2017, 2016 and 2015:

	Years Ended July 31,
	2017			2016		2015
Total profit from reportable segments	$	156,126		$	143,068	$	118,736
Unallocated costs:
Administrative costs	25,111			25,190		19,742
Restructuring charges	—			—		16,821
Impairment charges (1)	—			—		46,867
Investment and other (income) expense	(1,121		)	709		(845		)
Interest expense	5,504			7,824		11,156
Earnings from continuing operations before income taxes	$	126,632		$	109,345	$	24,995

(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.

	Revenues* Years Ended July 31,									Long-Lived Assets** As of July 31,
	2017			2016			2015			2017		2016		2015
Geographic information:
United States	$	651,294		$	663,511		$	677,401		$	367,418	$	376,045	$	389,150
Other	521,791			519,579			559,649			221,458		216,076		224,151
Eliminations	(59,769		)	(62,465		)	(65,319		)	—		—		—
Consolidated total	$	1,113,316		$	1,120,625		$	1,171,731		$	588,876	$	592,121	$	613,301
* Revenues are attributed based on country of origin.
** Long-lived assets consist of property, plant, and equipment, other intangible assets and goodwill.