SEGMENT REPORTING

12 Months Ended

Jan. 31, 2024

SEGMENT REPORTING

SEGMENT REPORTING

14. SEGMENT REPORTING

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

	2024		2023
Domestic	$	55.3	$	49.0
International		69.4		63.8
Total	$	124.7	$	112.8

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), a manufacturing facility in New Zealand (helmets)  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, New Zealand 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:

	Year Ended January 31,
	2024			2023
	(in millions of dollars)
Net Sales
USA Operations (including Corporate)	$	60.9		$	53.8
Other foreign		14.0			9.5
Europe (UK)		16.4			8.3
Mexico		6.7			5.2
Asia		46.2			63.7
Canada		9.3			9.0
Latin America		16.3			10.9
Less intersegment sales		(45.1	)		(47.6	)
Consolidated sales	$	124.7		$	112.8
External Sales
USA Operations (including Corporate)	$	55.3		$	49.0
Other foreign		9.9			7.2
Europe (UK)		16.3			8.3
Mexico		4.0			3.7
Asia		13.8			24.8
Canada		9.3			9.0
Latin America		16.1			10.8
Consolidated external sales	$	124.7		$	112.8
Intersegment Sales
USA Operations (including Corporate)	$	5.6		$	4.8
Other foreign		4.1			2.4
Europe (UK)		0.1		----
Mexico		2.7			1.5
Asia		32.4			38.9
Canada	—			—
Latin America		0.2		—
Consolidated intersegment sales	$	45.1		$	47.6

	Year Ended January 31,
	2024			2023
	(in millions of dollars)
Operating Profit (Loss):
USA Operations (including Corporate)	$	(3.5	)	$	(6.4	)
Other foreign		2.0			0.4
Europe (UK)		0.1			(1.3	)
Mexico		(2.1	)		(1.4	)
Asia		4.6			10.9
Canada		1.5			1.5
Latin America		2.8			1.9
Less intersegment (profit) loss		0.3			(0.1	)
Consolidated operating profit	$	5.7		$	5.5
Depreciation and Amortization Expense:
USA Operations (including Corporate)	$	0.8		$	0.6
Other foreign		0.1			0.1
Europe (UK)	0.4			----
Mexico		0.2			0.2
Asia		0.5			0.5
Canada		0.1			0.1
Latin America	----			----
Less intersegment	----			----
Consolidated depreciation and amortization expense	$	2.1		$	1.5

	Year Ended January 31,
	2024			2023
	(in millions of dollars)
Total Assets:
USA Operations (including Corporate)	$	92.2		$	94.1
Other foreign		20.3			10.4
Europe (UK)		30.0			12.5
Mexico		12.1			5.5
Asia		51.6			55.8
Canada		8.5			6.0
Latin America		15.0			10.6
Less intersegment		(76.0	)		(52.0	)
Consolidated assets	$	153.7		$	142.9
Total Assets Less Intersegment:
USA Operations (including Corporate)	$	47.1		$	65.2
Other foreign		19.6			9.2
Europe (UK)		27.2			12.5
Mexico		10.2			5.3
Asia		29.0			35.6
Canada		8.3			5.8
Latin America		12.3			9.3
Consolidated assets	$	153.7		$	142.9
Property and Equipment:
USA Operations (including Corporate)	$	2.3		$	3.3
Other foreign		2.7			0.2
Europe (UK)		0.1			0.1
Mexico		2.8			2.0
Asia		2.6			2.4
Canada	----				0.8
Latin America		0.2			0.2
Less intersegment	----				0.1
Consolidated long-lived assets	$	10.7		$	9.1
Capital Expenditures:
USA Operations (including Corporate)	$	0.5		$	1.2
Other foreign	----			----
Europe (UK)	----			----
Mexico	1.0			-
Asia		0.5			0.6
Canada	----			----
Latin America	$	0.1			0.2
Consolidated capital expenditure	$	2.1		$	2.0