Segment Reporting (Tables)

9 Months Ended

Oct. 31, 2020

Segment information

	Three Months Ended October 31,						Nine Months Ended October 31,
	(in millions of dollars)						(in millions of dollars)
	2020			2019			2020			2019
Net Sales:
USA Operations (including Corporate)	$	17.43		$	15.84		$	57.11		$	45.36
Other foreign		3.39			1.65			8.81			4.81
Europe (UK)		5.58			2.38			12.75			7.24
Mexico		2.12			1.22			4.84			3.09
Asia		23.25			13.34			67.42			43.97
Canada		4.20			2.60			10.92			7.50
Latin America		3.75			2.01			9.38			6.45
Less intersegment sales		(18.27	)		(11.58	)		(49.18	)		(38.80	)
Consolidated sales	$	41.45		$	27.46		$	122.05		$	79.62
External Sales:
USA Operations (including Corporate)	$	17.04		$	14.16		$	54.60		$	41.47
Other foreign		2.72			0.91			7.04			2.61
Europe (UK)		5.58			2.38			12.75			7.24
Mexico		1.91			0.88			3.89			2.08
Asia		6.36			4.62			23.80			12.49
Canada		4.20			2.60			10.92			7.47
Latin America		3.64			1.91			9.05			6.26
Consolidated external sales	$	41.45		$	27.46		$	122.05		$	79.62
Intersegment Sales:
USA Operations (including Corporate)	$	0.39		$	1.68		$	2.50		$	3.89
Other foreign		0.67			0.74			1.77			2.20
Mexico		0.21			0.34			0.95			1.01
Asia		16.90			8.71			43.62			31.48
Canada		—			—			—			0.03
Latin America		0.10			0.11			0.34			0.19
Consolidated intersegment sales	$	18.27		$	11.58		$	49.18		$	38.80

	Three Months Ended October 31,						Nine Months Ended October 31,
	(in millions of dollars)						(in millions of dollars)
	2020			2019			2020			2019
Operating Profit (Loss):
USA Operations (including Corporate)	$	2.17		$	0.14		$	7.86		$	(0.29	)
Other foreign		0.96			0.14			3.35			0.30
Europe (UK)		1.75			0.02			3.35			(0.02	)
Mexico		0.11			0.02			0.12			(0.39	)
Asia		6.04			1.04			15.51			2.87
Canada		0.55			0.25			1.95			0.77
Latin America		1.24			0.21			2.93			0.81
Less intersegment profit		(0.33	)		0.01			(0.47	)		0.11
Consolidated operating profit	$	12.49		$	1.83		$	34.60		$	4.16
Depreciation and Amortization Expense:
USA Operations (including Corporate)	$	0.21		$	0.22		$	0.63		$	0.64
Other foreign		0.01			—			0.03			0.02
Mexico		0.05			0.04			0.13			0.12
Asia		0.19			0.14			0.55			0.40
Canada		0.03			0.03			0.07			0.08
Latin America		0.01			0.01			0.03			0.03
Less intersegment		—			(0.01	)		(0.02	)		(0.02	)
Consolidated depreciation & amortization expense	$	0.50		$	0.43		$	1.42		$	1.27
Interest Expense:
Europe (UK)	$	—		$	—		$	0.01		$	0.01
USA Operations (including Corporate)		—		$	0.02			—		$	0.05
Latin America		—			0.01			—			0.04
Consolidated interest expense	$	—		$	0.03		$	0.01		$	0.10
Income Tax Expense:
USA Operations (including Corporate)	$	1.99		$	0.38		$	3.43		$	0.81
Europe (UK)		0.33		$	0.01		$	0.61		$	0.01
Asia		0.51			0.16			2.24			0.67
Canada		0.20			0.10			0.58			0.32
Latin America		0.27			—			0.67			0.13
Less intersegment		(0.06	)		—			(0.14	)		0.01
Consolidated income tax expense	$	3.24		$	0.65		$	7.39		$	1.95

	October 31, 2020			January 31, 2020
	(in millions of dollars)
Total Assets: *
USA Operations (including Corporate)	$	89.19		$	88.08
Other foreign		4.49			1.69
Europe (UK)		9.02			4.52
Mexico		6.01			5.00
Asia		58.86			44.22
Canada		7.82			6.09
Latin America		7.01			5.77
Less intersegment		(50.15	)		(55.96	)
Consolidated assets	$	132.25		$	99.41
Total Assets Less Intersegment: *
USA Operations (including Corporate)	$	53.73		$	49.94
Other foreign		6.39			3.41
Europe (UK)		9.00			4.52
Mexico		6.02			5.16
Asia		42.51			24.65
Canada		7.79			6.07
Latin America		6.81			5.66
Consolidated assets	$	132.25		$	99.41
Property and Equipment:
USA Operations (including Corporate)	$	3.21		$	3.40
Other foreign		0.27			0.15
Europe (UK)		0.01			0.01
Mexico		2.39			2.17
Asia		2.96			3.19
Canada		1.09			1.15
Latin America		0.09			0.04
Consolidated property and equipment	$	10.02		$	10.11
Capital Expenditures:
USA Operations (including Corporate)	$	0.42		$	0.25
Other foreign		0.22			0.01
Europe (UK)		—			0.01
Mexico		0.35			0.17
Asia		0.19			0.58
Latin America		0.15			0.01
Consolidated capital expenditure	$	1.33		$	1.03
Goodwill:
USA Operations	$	0.87		$	0.87
Consolidated goodwill	$	0.87		$	0.87
* Negative assets reflect intersegment amounts eliminated in consolidation

Schedule of geographic revenue

	Three Months Ended October 31, (in millions of dollars)				Nine Months Ended October 31, (in millions of dollars)
	2020		2019		2020		2019
External Sales by product lines:
Disposables	$	25.78	$	12.52	$	80.77	$	39.19
Chemical		9.71		5.68		24.77		16.30
Fire		1.62		2.81		4.74		6.64
Gloves		0.54		0.74		1.86		2.33
High Visibility		1.40		2.20		3.70		6.04
High Performance Wear		0.74		0.83		1.56		1.26
Wovens		1.66		2.68		4.65		7.86
Consolidated external sales	$	41.45	$	27.46	$	122.05	$	79.62