Segment Information

12 Months Ended

Jul. 31, 2019

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, 2019, 2018 and 2017:



	2019		2018		2017
Net sales:
ID Solutions
Americas	$	577,156	$	556,172	$	544,330
Europe	193,852		197,737		172,776
Asia	92,092		92,178		83,286
Total	$	863,100	$	846,087	$	800,392
Workplace Safety
Americas	$	98,788	$	106,910	$	109,176
Europe	150,480		170,265		155,957
Australia	48,277		50,589		47,791
Total	$	297,545	$	327,764	$	312,924
Total Company
Americas	$	675,944	$	663,082	$	653,506
Europe	344,332		368,002		328,733
Asia-Pacific	140,369		142,767		131,077
Total	$	1,160,645	$	1,173,851	$	1,113,316
Depreciation & amortization:
ID Solutions	$	21,387	$	22,075	$	23,092
WPS	2,412		3,367		4,211
Total Company	$	23,799	$	25,442	$	27,303
Segment profit:
ID Solutions	$	164,953	$	143,411	$	130,572
WPS	23,025		31,712		25,554
Total Company	$	187,978	$	175,123	$	156,126
Assets:
ID Solutions	$	740,437	$	737,174	$	761,448
WPS	137,799		138,329		154,827
Corporate	279,072		181,428		133,948
Total Company	$	1,157,308	$	1,056,931	$	1,050,223
Expenditures for property, plant & equipment:
ID Solutions	$	17,849	$	17,283	$	12,347
WPS	14,976		4,494		2,820
Total Company	$	32,825	$	21,777	$	15,167

Following is a reconciliation of segment profit to income before income taxes for the years ended July 31, 2019, 2018 and 2017:



	Years Ended July 31,
	2019			2018			2017
Total segment profit	$	187,978		$	175,123		$	156,126
Unallocated costs:
Administrative costs	25,550			27,093			25,111
Gain on sale of business⁽¹⁾	—			(4,666		)	—
Investment and other income	(5,046		)	(2,487		)	(1,121		)
Interest expense	2,830			3,168			5,504
Income before income taxes	$	164,644		$	152,015		$	126,632

(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,
	2019			2018			2017			2019		2018		2017
Geographic information:
United States	$	674,924		$	663,935		$	651,294		$	365,205	$	366,638	$	367,418
Other	546,923			573,652			521,791			191,953		193,710		221,458
Eliminations	(61,202		)	(63,736		)	(59,769		)	—		—		—
Consolidated total	$	1,160,645		$	1,173,851		$	1,113,316		$	557,158	$	560,348	$	588,876

* 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, 2019, 2018 and 2017:



	2019		2018		2017
Net sales:
ID Solutions
Americas	$	577,156	$	556,172	$	544,330
Europe	193,852		197,737		172,776
Asia	92,092		92,178		83,286
Total	$	863,100	$	846,087	$	800,392
Workplace Safety
Americas	$	98,788	$	106,910	$	109,176
Europe	150,480		170,265		155,957
Australia	48,277		50,589		47,791
Total	$	297,545	$	327,764	$	312,924
Total Company
Americas	$	675,944	$	663,082	$	653,506
Europe	344,332		368,002		328,733
Asia-Pacific	140,369		142,767		131,077
Total	$	1,160,645	$	1,173,851	$	1,113,316
Depreciation & amortization:
ID Solutions	$	21,387	$	22,075	$	23,092
WPS	2,412		3,367		4,211
Total Company	$	23,799	$	25,442	$	27,303
Segment profit:
ID Solutions	$	164,953	$	143,411	$	130,572
WPS	23,025		31,712		25,554
Total Company	$	187,978	$	175,123	$	156,126
Assets:
ID Solutions	$	740,437	$	737,174	$	761,448
WPS	137,799		138,329		154,827
Corporate	279,072		181,428		133,948
Total Company	$	1,157,308	$	1,056,931	$	1,050,223
Expenditures for property, plant & equipment:
ID Solutions	$	17,849	$	17,283	$	12,347
WPS	14,976		4,494		2,820
Total Company	$	32,825	$	21,777	$	15,167

Following is a reconciliation of segment profit to income before income taxes for the years ended July 31, 2019, 2018 and 2017:



	Years Ended July 31,
	2019			2018			2017
Total segment profit	$	187,978		$	175,123		$	156,126
Unallocated costs:
Administrative costs	25,550			27,093			25,111
Gain on sale of business⁽¹⁾	—			(4,666		)	—
Investment and other income	(5,046		)	(2,487		)	(1,121		)
Interest expense	2,830			3,168			5,504
Income before income taxes	$	164,644		$	152,015		$	126,632

(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,
	2019			2018			2017			2019		2018		2017
Geographic information:
United States	$	674,924		$	663,935		$	651,294		$	365,205	$	366,638	$	367,418
Other	546,923			573,652			521,791			191,953		193,710		221,458
Eliminations	(61,202		)	(63,736		)	(59,769		)	—		—		—
Consolidated total	$	1,160,645		$	1,173,851		$	1,113,316		$	557,158	$	560,348	$	588,876

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