Segment Information

12 Months Ended

Jul. 31, 2018

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.

The Company's internal measure of segment profit and loss reported to the chief operating decision maker for purposes of allocating resources to the segments and assessing performance includes certain administrative costs, such as the cost of finance, information technology, human resources, and certain other administrative costs. However, interest expense, investment and other income (expense), income tax expense, and certain corporate administrative expenses are excluded when evaluating segment performance.

Following is a summary of segment information for the years ended July 31, 2018, 2017 and 2016:



	2018		2017		2016
Sales to External Customers:
ID Solutions	$	846,087	$	800,392	$	795,511
WPS	327,764		312,924		325,114
Total Company	$	1,173,851	$	1,113,316	$	1,120,625
Depreciation & Amortization:
ID Solutions	$	22,075	$	23,092	$	27,285
WPS	3,367		4,211		5,147
Total Company	$	25,442	$	27,303	$	32,432
Segment Profit:
ID Solutions	$	143,411	$	130,572	$	112,276
WPS	31,712		25,554		30,792
Total Company	$	175,123	$	156,126	$	143,068
Assets:
ID Solutions	$	737,174	$	761,448	$	748,408
WPS	138,329		154,827		154,321
Corporate	181,428		133,948		141,235
Total Company	$	1,056,931	$	1,050,223	$	1,043,964
Expenditures for property, plant & equipment:
ID Solutions	$	17,283	$	12,347	$	11,640
WPS	4,494		2,820		5,500
Total Company	$	21,777	$	15,167	$	17,140

Following is a reconciliation of segment profit to earnings before income taxes for the years ended July 31, 2018, 2017 and 2016:



	Years Ended July 31,
	2018			2017			2016
Total segment profit	$	175,123		$	156,126		$	143,068
Unallocated costs:
Administrative costs	27,093			25,111			25,190
Gain on sale of business⁽¹⁾	(4,666		)	—			—
Investment and other (income) expense	(2,487		)	(1,121		)	709
Interest expense	3,168			5,504			7,824
Earnings before income taxes	$	152,015		$	126,632		$	109,345

(1) Gain on sale of business relates to the WPS segment during the year ended July 31, 2018.



	Revenues* Years Ended July 31,									Long-Lived Assets** As of July 31,
	2018			2017			2016			2018		2017		2016
Geographic information:
United States	$	663,935		$	651,294		$	663,511		$	366,638	$	367,418	$	376,045
Other	573,652			521,791			519,579			193,710		221,458		216,076
Eliminations	(63,736		)	(59,769		)	(62,465		)	—		—		—
Consolidated total	$	1,173,851		$	1,113,316		$	1,120,625		$	560,348	$	588,876	$	592,121

* Revenues are attributed based on country of origin.
** Long-lived assets consist of property, plant, and equipment, other intangible assets and goodwill.

Segment Information

Following is a summary of segment information for the years ended July 31, 2018, 2017 and 2016:



	2018		2017		2016
Sales to External Customers:
ID Solutions	$	846,087	$	800,392	$	795,511
WPS	327,764		312,924		325,114
Total Company	$	1,173,851	$	1,113,316	$	1,120,625
Depreciation & Amortization:
ID Solutions	$	22,075	$	23,092	$	27,285
WPS	3,367		4,211		5,147
Total Company	$	25,442	$	27,303	$	32,432
Segment Profit:
ID Solutions	$	143,411	$	130,572	$	112,276
WPS	31,712		25,554		30,792
Total Company	$	175,123	$	156,126	$	143,068
Assets:
ID Solutions	$	737,174	$	761,448	$	748,408
WPS	138,329		154,827		154,321
Corporate	181,428		133,948		141,235
Total Company	$	1,056,931	$	1,050,223	$	1,043,964
Expenditures for property, plant & equipment:
ID Solutions	$	17,283	$	12,347	$	11,640
WPS	4,494		2,820		5,500
Total Company	$	21,777	$	15,167	$	17,140

Following is a reconciliation of segment profit to earnings before income taxes for the years ended July 31, 2018, 2017 and 2016:



	Years Ended July 31,
	2018			2017			2016
Total segment profit	$	175,123		$	156,126		$	143,068
Unallocated costs:
Administrative costs	27,093			25,111			25,190
Gain on sale of business⁽¹⁾	(4,666		)	—			—
Investment and other (income) expense	(2,487		)	(1,121		)	709
Interest expense	3,168			5,504			7,824
Earnings before income taxes	$	152,015		$	126,632		$	109,345

(1) Gain on sale of business relates to the WPS segment during the year ended July 31, 2018.



	Revenues* Years Ended July 31,									Long-Lived Assets** As of July 31,
	2018			2017			2016			2018		2017		2016
Geographic information:
United States	$	663,935		$	651,294		$	663,511		$	366,638	$	367,418	$	376,045
Other	573,652			521,791			519,579			193,710		221,458		216,076
Eliminations	(63,736		)	(59,769		)	(62,465		)	—		—		—
Consolidated total	$	1,173,851		$	1,113,316		$	1,120,625		$	560,348	$	588,876	$	592,121

* Revenues are attributed based on country of origin.
** Long-lived assets consist of property, plant, and equipment, other intangible assets and goodwill.