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Segment Reporting
 3 Months Ended
Apr. 30, 2020
Segment Reporting [Abstract]  
Segment Reporting

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

 

   

Three Months Ended

April 30,

  
    2020     2019  
                         
Domestic   $ 23.11       50.70 %   $ 12.87       52.12 %
International   $ 22.47       49.30 %     11.81       47.88 %
Total   $ 45.58       100.00 %   $ 24.68       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), a manufacturing facility in Vietnam (primarily disposable 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, Australia 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 years noted therein:

 

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

 

   

Three Months Ended

April 30,

(in millions of dollars)

  
    2020     2019  
Net Sales:            
USA Operations (including Corporate)   $ 24.13     $ 13.90  
Other foreign     3.04       1.36  
Europe (UK)     3.01       2.39  
Mexico     1.82       0.90  
Asia     20.02       13.18  
Canada     4.31       2.50  
Latin America     2.54       1.74  
Less intersegment sales     (13.29 )     (11.29 )
Consolidated sales   $ 45.58     $ 24.68  
External Sales:                
USA Operations (including Corporate)   $ 23.11     $ 12.87  
Other foreign     2.30       0.78  
Europe (UK)     3.01       2.39  
Mexico     1.37       0.60  
Asia     9.05       3.83  
Canada     4.31       2.49  
Latin America     2.43       1.72  
Consolidated external sales   $ 45.58     $ 24.68  
Intersegment Sales:                
USA Operations (including Corporate)   $ 1.02     $ 1.03  
Other foreign     0.74       0.58  
Mexico     0.45       0.30  
Asia     10.97       9.35  
Canada     -----       0.01  
Latin America     0.11       0.02  
Consolidated intersegment sales   $ 13.29     $ 11.29  

 

 

   

Three Months Ended

April 30,

(in millions of dollars)

  
    2020     2019  
Operating Profit (Loss):            
USA Operations (including Corporate)   $ 4.33     $ (1.12 )
Other foreign     1.23       0.14  
Europe (UK)     0.46       0.01  
Mexico     0.22       (0.18 )
Asia     4.51       0.23  
Canada     1.13       0.25  
Latin America     0.57       0.24  
Less intersegment profit     (0.08 )     0.11  
Consolidated operating profit (loss)   $ 12.37     $ (0.32 )
Depreciation and Amortization Expense:                
USA Operations(including Corporate)   $ 0.22     $ 0.21  
Other foreign     0.01       (0.01 )
Mexico     0.04       0.04  
Asia     0.18       0.14  
Canada     0.02       -----  
Latin America     0.01       0.01  
Less intersegment     (0.03 )     (0.01 )
Consolidated depreciation & amortization expense   $ 0.45     $ 0.38  
Interest Expense:                
USA Operations (including Corporate)   $ 0.01     $ 0.01  
Latin America     0.01       0.02  
Consolidated interest expense   $ 0.02     $ 0.03  
Income Tax Expense:                
USA Operations (including Corporate)   $ 2.28     $ (0.13 )
    Other foreign     0.01       -----  
    Europe (UK)     0.08       -----  
    Asia     0.90       0.15  
    Canada     0.31       0.04  
    Latin America     0.16       0.01  
    Less intersegment     (0.01 )     0.02  
Consolidated income tax expense   $ 3.73     $ 0.09  
                 

  

   

April 30,

2020

    

January 31,

2020

  
    (in millions of dollars)  
Total Assets: *            
USA Operations (including Corporate)   $ 84.26     $ 88.08  
Other foreign     2.60       1.61  
Europe (UK)     4.83       4.52  
Mexico     5.45       5.00  
Asia     46.80       44.30  
Canada     6.38       6.09  
Latin America     6.27       5.77  
Less intersegment     (48.87 )     (55.96 )
Consolidated assets   $ 107.72     $ 99.41  
Total Assets Less Intersegment:*                
USA Operations (including Corporate)   $ 47.42     $ 49.94  
Other foreign     4.59       3.33  
Europe (UK)     4.83       4.52  
Mexico     5.58       5.16  
Asia     32.83       24.73  
Canada     6.37       6.07  
Latin America     6.10       5.66  
Consolidated assets   $ 107.72     $ 99.41  
Property and Equipment:                
USA Operations (including Corporate)   $ 3.17     $ 3.32  
Other foreign     0.18       0.15  
Europe (UK)     0.01       0.01  
Mexico     2.13       2.17  
Asia     3.11       3.19  
Canada     1.14       1.15  
Latin America     0.03       0.04  
Less intersegment     0.08       0.08  
Consolidated long-lived assets   $ 9.85     $ 10.11  
Capital Expenditures:                
USA Operations (including Coprorate)   $ 0.06     $ 0.25  
Other foreign     0.02       0.01  
Europe (UK)     -----       0.01  
Mexico     -----       0.17  
Asia     0.11       0.58  
Canada     -----       -----  
Latin America     -----       0.01  
Consolidated capital expenditure   $ 0.19     $ 1.03  
Goodwill:                
USA Operations   $ 0.87     $ 0.87  
Consolidated goodwill   $ 0.87     $ 0.87  
* Negative assets reflect intersegment amounts eliminated in consolidation