Segment Reporting

9 Months Ended

Oct. 31, 2019

Segment Reporting [Abstract]

Segment Reporting

	Three Months Ended October 31,								Nine Months Ended October 31,
	2019				2018				2019				2018
Domestic	$	14.16	51.56	%	$	11.82	49.24	%	$	41.47	52.08	%	$	37.54	50.75	%
International		13.30	48.44	%		12.19	50.76	%		38.15	47.92	%		36.43	49.25	%
Total	$	27.46	100.00	%	$	24.01	100.00	%	$	79.62	100.00	%	$	73.97	100.00	%

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

The Company manages its operations by evaluating each of its geographic locations. The US operations include a facility in Alabama (primary US distribution facility and 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), a manufacturing facility in Vietnam (primarily disposable products), a manufacturing facility in Argentina and a small manufacturing facility in India. The China facilities produce the majority of the Company’s products and China generates a significant portion of the Company’s international revenues. The Company evaluates the performance of these entities based on operating profit, which is defined as income before income taxes, interest expense and other income and expenses. The Company maintains sales forces in North America South America, Europe, and Asia, which sell and distribute products shipped from the United States, Mexico, Argentina, China, India or Vietnam.

The table below represents information about reported segments for the years noted therein:

	Three Months Ended October 31, (in millions of dollars)						Nine Months Ended October 31, (in millions of dollars)
	2019			2018			2019			2018
Net Sales:
USA	$	15.84		$	13.00		$	45.36		$	41.07
Other foreign		1.65			1.29			4.81			4.33
Europe (UK)		2.38			2.22			7.24			7.35
Mexico		1.22			1.15			3.09			3.83
Asia		13.34			12.68			43.97			40.27
Canada		2.60			2.08			7.50			6.39
Latin America		2.01			1.74			6.45			5.27
Corporate		-----			-----			-----			0.75
Less intersegment sales		(11.58	)		(10.15	)		(38.80	)		(35.29	)
Consolidated sales	$	27.46		$	24.01		$	79.62		$	73.97
External Sales:
USA	$	14.16		$	11.82		$	41.47		$	37.54
Other foreign		0.91			0.72			2.61			2.30
Europe (UK)		2.38			2.22			7.24			7.35
Mexico		0.88			0.77			2.08			2.70
Asia		4.62			4.80			12.49			12.79
Canada		2.60			2.08			7.47			6.38
Latin America		1.91			1.60			6.26			4.91
Consolidated external sales	$	27.46		$	24.01		$	79.62		$	73.97
Intersegment Sales:
USA	$	1.68		$	1.18		$	3.89		$	3.53
Other foreign		0.74			0.57			2.20			2.02
Mexico		0.34			0.38			1.01			1.13
Asia		8.71			7.88			31.48			27.49
Canada		-----			-----			0.03			0.02
Latin America		0.11			0.14			0.19			0.35
Corporate		-----			-----			-----			0.75
Consolidated intersegment sales	$	11.58		$	10.15		$	38.80		$	35.29

	Three Months Ended October 31, (in millions of dollars)						Nine Months Ended October 31, (in millions of dollars)
	2019			2018			2019			2018
Operating Profit :
USA	$	2.60		$	1.66		$	6.04		$	6.45
Other foreign		0.14			0.02			0.30			0.23
Europe (UK)		0.02			0.03			(0.02	)		0.21
Mexico		0.02			(0.03	)		(0.39	)		0.13
Asia		1.04			0.63			2.87			1.81
Canada		0.25			0.32			0.77			0.75
Latin America		0.21			0.16			0.81			0.52
Corporate		(2.46	)		(1.61	)		(6.33	)		(4.96	)
Less intersegment profit		0.01			(0.17	)		0.11			(0.06	)
Consolidated operating profit	$	1.83		$	1.01		$	4.16		$	5.08
Depreciation and Amortization Expense:
USA	$	0.04		$	0.03		$	0.21		$	0.09
Other foreign		-----			-----			0.02			0.02
Europe (UK)		-----			-----			-----			0.01
Mexico		0.04			0.03			0.12			0.09
Asia		0.14			0.04			0.40			0.19
Canada		0.03			0.02			0.08			0.05
Latin America		0.01			0.01			0.03			0.03
Corporate		0.18			0.09			0.43			0.19
Less intersegment		(0.01	)		-----			(0.02	)		(0.03	)
Consolidated depreciation & amortization expense	$	0.43		$	0.22		$	1.27		$	0.64
Interest Expense:
Europe (UK)	$	-----		$	-----		$	0.01		$	----
Latin America		0.01			0.01			0.04			0.03
Corporate		0.02			0.02			0.05			0.06
Consolidated interest expense	$	0.03		$	0.03		$	0.10		$	0.09
Income Tax Expense:
Europe (UK)	$	0.01		$	0.01		$	0.01			0.05
Asia		0.16			0.29			0.67			0.80
Canada		0.10			0.02			0.32			0.17
Latin America		-----			0.15			0.13			0.21
Corporate		0.38			0.05			0.81			0.39
Less intersegment		-----			(0.03	)		0.01			0.01
Consolidated income tax expense	$	0.65		$	0.49		$	1.95		$	1.63
Capital Expenditures:
USA (including Corporate)	$	(0.04	)	$	0.54		$	0.28		$	0.85
Other foreign		0.01			0.36			0.02			1.13
Mexico		0.02			0.09			0.07			0.20
Asia		0.12			0.02			0.31			0.05
Latin America		-----			-----			0.01			-----
Consolidated capital expenditure	$	0.11		$	1.01		$	0.69		$	2.23

	October 31, 2019 (in millions of dollars)		January 31, 2019 (in millions of dollars)
Total Assets
USA	$	31.05	$	29.76
Other foreign		3.57		2.85
Europe (UK)		5.13		4.36
Mexico		5.45		5.13
Asia		23.31		20.97
Canada		6.00		6.64
Latin America		5.46		5.27
Corporate		19.13		19.74
Consolidated assets	$	99.10	$	94.72
Property and Equipment
USA (including Corporate)	$	3.55	$	3.87
Other foreign		0.17		0.19
Europe (UK)		-----		0.01
Mexico		2.10		2.14
Asia		3.10		3.17
Canada		1.18		1.26
Latin America		0.05		0.07
Less intersegment		0.08		0.07
Consolidated property and equipment	$	10.23	$	10.78
Goodwill:
USA	$	0.87	$	0.87
Consolidated goodwill	$	0.87	$	0.87