(13)

Segments. MSC operates in one segment based on how the Chief Operating Decision Maker views its business for evaluating performance and making operating decisions. The Company provides material-based solutions for acoustical and coated applications. The acoustical material-based solutions include multilayer composites consisting of metals, polymers, rubber and other coated materials used to manage noise and vibration. The coated metal material-based solutions include painted, electrogalvanized (“EG”), rubber and film coatings that provide protective, decorative and functional performance. The coatings are applied to coiled metal of various widths and thicknesses. MSC’s material-based solutions are designed to meet specific customer requirements for the transportation, appliance, building products, lighting and electronics markets. The Company uses a significant level of shared assets and personnel across each of its product categories. It is common for a single end-use customer to purchase products from several different product categories.

We use a significant level of shared assets, and share resources for sales, general and administrative expense, and management across each of our product categories. It is common for a single end-use customer to purchase products from several different product categories as well as from different plants. Capital projects—whether for cost savings or generating incremental revenue—are evaluated individually based on estimated economic returns (e.g., net present value, return on investment), not based on related product line or geographic location. We use a centralized functional management structure, and share administration and production resources, to deliver individual products that, together, provide solutions to our customers. Disaggregated financial information for individual product lines is limited to top-line revenues.


	Three Months Ended November 30,										Nine Months Ended November 30,
	2012					2011					2012					2011
($ in thousands)	$		%			$		%			$		%			$		%
Acoustical		18,909		62			16,524		49			58,192		61			51,390		49
Coated		11,478		38			17,485		51			36,956		39			53,072		51

Total Net Sales	$	30,387		100	%	$	34,009		100	%	$	95,148		100	%	$	104,462		100	%

Net sales of our domestic and foreign units are presented in the table below. No one foreign country comprised greater than 10% of consolidated net sales for any period presented.


($ in thousands)	Three Months Ended November 30,				Nine Months Ended November 30,
($ in thousands)	2012		2011		2012		2011
Domestic Net Sales	$	26,504	$	30,286	$	83,256	$	92,680
Foreign Net Sales		3,883		3,723		11,892		11,782

Total Net Sales	$	30,387	$	34,009	$	95,148	$	104,462