Segment Information

6 Months Ended

Jan. 31, 2018

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. The Company evaluates short-term segment performance based on segment profit and customer sales. Interest expense, investment and other income, income taxes, and certain corporate administrative expenses are excluded when evaluating segment performance.

The following is a summary of segment information for the three and six months ended January 31, 2018 and 2017:



	Three months ended January 31,				Six months ended January 31,
	2018		2017		2018		2017
Sales to External Customers
ID Solutions	$	206,432	$	190,962	$	416,137	$	392,226
Workplace Safety	81,348		77,039		161,794		155,951
Total Company	$	287,780	$	268,001	$	577,931	$	548,177
Segment Profit
ID Solutions	$	34,088	$	28,961	$	69,925	$	62,035
Workplace Safety	7,055		6,059		13,500		12,504
Total Company	$	41,143	$	35,020	$	83,425	$	74,539

The following is a reconciliation of segment profit to earnings before income taxes for the three and six months ended January 31, 2018 and 2017:



	Three months ended January 31,						Six months ended January 31,
	2018			2017			2018			2017
Total profit from reportable segments	$	41,143		$	35,020		$	83,425		$	74,539
Unallocated amounts:
Administrative costs	(6,347		)	(5,058		)	(13,218		)	(11,369		)
Investment and other income	1,056			596			1,272			107
Interest expense	(829		)	(1,458		)	(1,692		)	(3,190		)
Earnings before income taxes	$	35,023		$	29,100		$	69,787		$	60,087