Segment Reporting

6 Months Ended

Jul. 31, 2017

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

12. Segment Reporting

Domestic and international sales from continuing operations are as follows in millions of dollars:

	Three Months Ended July 31,								Six Months Ended July 31,
	2017				2016				2017				2016
Domestic	$	12.63	52.83	%	$	11.79	52.94	%	$	25.33	54.05	%	$	23.98	56.24	%
International		11.28	47.17	%		10.48	47.06	%		21.54	45.95	%		18.66	43.76	%
Total	$	23.91	100.00	%	$	22.27	100.00	%	$	46.87	100.00	%	$	42.64	100.00	%

We manage our operations by evaluating each of our geographic locations. Our US operations include a facility in Alabama (primarily the distribution to customers of the bulk of our products and the light manufacturing of our chemical, wovens, reflective, and fire products). The Company also maintains one manufacturing company in China (primarily disposable and chemical suit production), a manufacturing facility in Mexico (primarily disposable, reflective, fire and chemical suit production) and a small manufacturing facility in India. Our China facilities produce the majority of the Company’s products and China generates a significant portion of the Company’s international revenues. We evaluate the performance of these entities based on operating profit, which is defined as income before income taxes, interest expense and other income and expenses. We have sales forces in the USA, Canada, Mexico, Europe, Latin America, India, Russia, Kazakhstan and China, which sell and distribute products shipped from the United States, Mexico, India or China. The table below represents information about reported segments for the periods noted therein:

	Three Months Ended  July 31, (in millions of dollars)				Six Months Ended  July 31, (in millions of dollars)
	2017		2016		2017		2016
Net Sales:
USA	$	13.90	$	12.56	$	27.30	$	25.34
Other foreign		4.68		3.72		8.73		6.91
Europe (UK)		2.08		2.67		4.21		5.06
Mexico		0.95		0.81		1.87		1.57
China		12.89		11.55		23.41		19.96
Corporate		0.11		0.70		0.53		1.17
Less intersegment sales		(10.70)		(9.74)		(19.18)		(17.37)
Consolidated sales	$	23.91	$	22.27	$	46.87	$	42.64
External Sales:
USA	$	12.63	$	11.79	$	25.33	$	23.98
Other foreign		4.38		3.53		8.08		6.40
Europe (UK)		2.08		2.67		4.17		5.06
Mexico		0.58		0.36		1.15		0.73
China		4.24		3.92		8.14		6.47
Consolidated external sales	$	23.91	$	22.27	$	46.87	$	42.64
Intersegment Sales:
USA	$	1.27	$	0.77	$	1.97	$	1.36
Other foreign		0.30		0.19		0.65		0.51
Europe (UK)		—		—		0.04		—
Mexico		0.37		0.45		0.72		0.84
China		8.65		7.63		15.27		13.49
Corporate		0.11		0.70		0.53		1.17
Consolidated intersegment sales	$	10.70	$	9.74	$	19.18	$	17.37

	Three Months Ended July 31, (in millions of dollars)				Six Months Ended July 31, (in millions of dollars)
	2017		2016		2017		2016
Operating Profit (Loss):
USA	$	2.52	$	2.47	$	4.78	$	4.04
Other foreign		0.67		0.25		1.10		0.55
Europe (UK)		0.04		0.18		0.11		0.28
Mexico		0.01		0.02		0.04		0.01
China		0.58		1.31		1.55		1.78
Corporate		(1.72)		(1.59)		(3.10)		(3.92)
Less intersegment profit (loss)		0.08		(0.01)		0.17		0.06
Consolidated operating profit	$	2.18	$	2.63	$	4.65	$	2.80
Depreciation and Amortization Expense:
USA	$	0.03	$	0.04	$	0.06	$	0.08
Other foreign		0.03		0.06		0.07		0.08
Europe (UK)		—		—		—		—
Mexico		0.03		0.03		0.06		0.06
China		0.07		0.08		0.13		0.17
Corporate		0.05		0.14		0.09		0.29
Less intersegment		(0.01)		(0.04)		(0.02)		(0.08)
Consolidated depreciation & amortization expense	$	0.20	$	0.31	$	0.39	$	0.60
Interest Expense:
USA (shown in Corporate)	$	—	$	—	$	—	$	—
Other foreign		0.01		0.02		0.03		0.06
Europe (UK)		—		—		—		—
Mexico		—		—		—		—
China		—		0.04		—		0.09
Corporate		0.02		0.12		0.08		0.22
Less intersegment		—		—		—		—
Consolidated interest expense	$	0.03	$	0.18	$	0.11	$	0.37
Income Tax Expense (Benefits):
USA (shown in Corporate)	$	—	$	—	$	—	$	—
Other foreign		0.21		0.08		0.26		0.11
Europe (UK)		0.03		0.02		0.04		0.03
Mexico		—		—		—		—
China		0.09		0.36		0.38		0.45
Corporate		(0.04)		0.54		0.28		0.37
Less intersegment		0.02		(0.01)		0.04		0.01
Consolidated income tax expense	$	0.31	$	0.99	$	1.00	$	0.97
Capital Expenditures:
USA	$	0.01	$	—	$	0.01	$	—
Other foreign		—		0.01		—		0.01
Europe (UK)		—		—		—		—
Mexico		0.02		—		0.03		—
China		0.04		—		0.06		0.02
India		0.02		0.01		0.02		0.02
Corporate		0.22		—		0.33		—
Consolidated capital expenditures	$	0.31	$	0.02	$	0.45	$	0.05

	July 31, 2017 (in millions of dollars)		January 31, 2017 (in millions of dollars)
Total Assets:*
USA	$	61.04	$	56.34
Other foreign		20.18		18.16
Europe (UK)		4.34		3.61
Mexico		4.24		3.99
China		34.32		30.54
India		(1.24)		(1.36)
Corporate		20.27		26.00
Less intersegment		(54.47)		(52.73)
Consolidated assets	$	88.68	$	84.55
Total Assets Less Intersegment:*
USA	$	28.15	$	30.94
Other foreign		12.58		10.17
Europe (UK)		4.28		3.58
Mexico		4.29		4.07
China		21.63		18.44
India		0.59		0.43
Corporate		17.15		16.92
Consolidated assets	$	88.68	$	84.55
Property and Equipment:
USA	$	2.03	$	2.09
Other foreign		1.54		1.55
Europe (UK)		0.03		0.03
Mexico		2.02		2.05
China		1.99		2.05
India		0.04		0.03
Corporate		1.01		0.75
Less intersegment		0.01		(0.02)
Consolidated property and equipment	$	8.67	$	8.53
Goodwill:
USA	$	0.87	$	0.87
Consolidated goodwill	$	0.87	$	0.87

*Negative assets reflect intersegment amounts eliminated in consolidation