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Segment Data | 6 Months Ended
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May 03, 2019
Segment Reporting [Abstract] |
Segment Data | Segment Data The company's businesses are organized, managed, and internally grouped into segments based on similarities in products and services. Segment selection is based on the manner in which management organizes segments for making operating and investment decisions and assessing performance. The company has determined it has ten operating segments and has aggregated certain of those operating segments into two reportable segments: Professional and Residential. The aggregation of the company's operating segments is based on the operating segments having the following similarities: economic characteristics, types of products and services, types of production processes, type or class of customers, and method of distribution. The company's remaining activities are presented as "Other" due to their insignificance. These Other activities consist of the company's wholly-owned domestic distribution companies, the company's corporate activities, and the elimination of intersegment revenues and expenses. The following tables present the summarized financial information concerning the company’s reportable segments:
(Dollars in thousands) |  |  |  |  |  |  |  |
Three Months Ended May 3, 2019 |  | Professional |  | Residential |  | Other |  | Total
Net sales |  | $ | 723,506 |  |  | $ | 232,147 |  |  | $ | 6,383 |  |  | $ | 962,036 |
Intersegment gross sales |  | 23,716 |  |  | 80 |  |  | (23,796 | ) |  | — |
Earnings (loss) before income taxes |  | $ | 150,119 |  |  | $ | 22,030 |  |  | $ | (34,969 | ) |  | $ | 137,180 |
(Dollars in thousands) |  |  |  |  |  |  |  |
Six Months Ended May 3, 2019 |  | Professional |  | Residential |  | Other |  | Total
Net sales |  | $ | 1,178,512 |  |  | $ | 377,305 |  |  | $ | 9,175 |  |  | $ | 1,564,992 |
Intersegment gross sales |  | 37,325 |  |  | 179 |  |  | (37,504 | ) |  | — |
Earnings (loss) before income taxes |  | 238,097 |  |  | 35,102 |  |  | (65,999 | ) |  | 207,200 |
Total assets |  | $ | 1,848,351 |  |  | $ | 271,224 |  |  | $ | 346,425 |  |  | $ | 2,466,000 |
(Dollars in thousands) |  |  |  |  |  |  |  |
Three Months Ended May 4, 2018 |  | Professional |  | Residential |  | Other |  | Total
Net sales |  | $ | 660,373 |  |  | $ | 212,169 |  |  | $ | 2,738 |  |  | $ | 875,280 |
Intersegment gross sales |  | 10,664 |  |  | 107 |  |  | (10,771 | ) |  | — |
Earnings (loss) before income taxes |  | $ | 164,979 |  |  | $ | 26,304 |  |  | $ | (22,117 | ) |  | $ | 169,166 |
(Dollars in thousands) |  |  |  |  |  |  |  |
Six Months Ended May 4, 2018 |  | Professional |  | Residential |  | Other |  | Total
Net sales |  | $ | 1,064,042 |  |  | $ | 354,676 |  |  | $ | 4,808 |  |  | $ | 1,423,526 |
Intersegment gross sales |  | 17,122 |  |  | 163 |  |  | (17,285 | ) |  | — |
Earnings (loss) before income taxes |  | 240,891 |  |  | 42,017 |  |  | (47,357 | ) |  | 235,551 |
Total assets |  | $ | 963,564 |  |  | $ | 288,248 |  |  | $ | 383,935 |  |  | $ | 1,635,747 |
The following table presents the details of operating loss before income taxes for the company's Other activities:
|  | Three Months Ended |  | Six Months Ended
(Dollars in thousands) |  | May 3, 2019 |  | May 4, 2018 |  | May 3, 2019 |  | May 4, 2018
Corporate expenses |  | $ | (34,357 | ) |  | $ | (21,096 | ) |  | $ | (62,671 | ) |  | $ | (45,497 | )
Interest expense |  | (6,694 | ) |  | (4,720 | ) |  | (11,436 | ) |  | (9,538 | )
Other income |  | 6,082 |  |  | 3,699 |  |  | 8,108 |  |  | 7,678 |
Total operating loss |  | $ | (34,969 | ) |  | $ | (22,117 | ) |  | $ | (65,999 | ) |  | $ | (47,357 | )

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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