XML 39 R13.htm IDEA: XBRL DOCUMENT v3.19.3
Segment Information
3 Months Ended
Oct. 31, 2019
Segment Reporting [Abstract]  
Segment Information Segment Information

The Company is organized and managed on a global basis within three operating segments, Identification Solutions, Workplace Safety, and People Identification ("PDC"), which aggregate into two reportable segments that are organized around businesses with consistent products and services: IDS and WPS. The Identification Solutions and PDC 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 (expense), income taxes, and certain corporate administrative expenses are excluded when evaluating segment performance. The following is a summary of net sales by segment and geographic region for the three months ended October 31, 2019 and 2018:
 
Three months ended October 31,
 
2019
 
2018
Net sales:
 
 
 
ID Solutions
 
 
 
Americas
$
149,363

 
$
145,791

Europe
43,381

 
48,828

Asia
22,243

 
23,481

Total
$
214,987

 
$
218,100

Workplace Safety
 
 
 
Americas
$
24,303

 
$
24,751

Europe
36,026

 
37,655

Australia
11,631

 
12,690

Total
$
71,960

 
$
75,096

Total Company
 
 
 
Americas
$
173,666

 
$
170,542

Europe
79,407

 
86,483

Asia-Pacific
33,874

 
36,171

Total
$
286,947

 
$
293,196


Segment profit for the three months ended October 31, 2019 and 2018 was as follows:
 
Three months ended October 31,
 
2019
 
2018
Segment profit:
 
 
 
ID Solutions
$
42,443

 
$
41,562

Workplace Safety
5,157

 
5,541

Total Company
$
47,600

 
$
47,103


The following is a reconciliation of segment profit to income before income taxes for the three months ended October 31, 2019 and 2018:
 
Three months ended October 31,
 
2019
 
2018
Total profit from reportable segments
$
47,600

 
$
47,103

Unallocated amounts:
 
 
 
Administrative costs
(6,709
)
 
(6,481
)
Investment and other income (expense)
1,380

 
(17
)
Interest expense
(701
)
 
(712
)
Income before income taxes
$
41,570

 
$
39,893