XML 26 R16.htm IDEA: XBRL DOCUMENT v3.24.0.1
Segment Information (Notes)
 6 Months Ended
Jan. 31, 2024
Segment Reporting [Abstract]  
Segment Information Disclosure Segment Information
The Company is organized and managed within two regions: Americas & Asia and Europe & Australia, which are the reportable segments. The following is a summary of net sales by segment and geographic region for the three and six months ended January 31, 2024 and 2023:
Three months ended January 31,Six months ended January 31,
2024202320242023
Net sales:
Americas & Asia
Americas$185,976 $195,102 $382,262 $386,431 
Asia25,667 24,965 51,007 52,131 
Total$211,643 $220,067 $433,269 $438,562 
Europe & Australia
Europe$98,371 $93,760 $194,704 $183,952 
Australia12,610 12,422 26,634 26,304 
Total$110,981 $106,182 $221,338 $210,256 
Total Company$322,624 $326,249 $654,607 $648,818 
The following is a summary of segment profit for the three and six months ended January 31, 2024 and 2023:
Three months ended January 31,Six months ended January 31,
 2024202320242023
Segment profit:
Americas & Asia$43,895 $40,174 $93,792 $81,319 
Europe & Australia15,054 13,459 31,798 30,217 
Total profit from reportable segments$58,949 $53,633 $125,590 $111,536 
Total profit from reportable segments is a measure of operating income that excludes administrative costs related to corporate functions that are otherwise included in the Company's operating income. The following is a reconciliation of total profit from reportable segments to income before income taxes for the three and six months ended January 31, 2024 and 2023:
Three months ended January 31,Six months ended January 31,
 2024202320242023
Total profit from reportable segments$58,949 $53,633 $125,590 $111,536 
Unallocated amounts:
Administrative costs(5,023)(4,852)(11,934)(11,369)
Investment and other income2,684 968 3,122 811 
Interest expense(790)(1,239)(1,556)(2,133)
Income before income taxes$55,820 $48,510 $115,222 $98,845