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Segment Information
9 Months Ended
Dec. 29, 2013
Segment Reporting [Abstract]  
Segment Information
Segment Information
We have two reportable segments: Industrial and Water Treatment. The accounting policies of the segments are the same as those described in the summary of significant accounting policies as disclosed in our fiscal 2013 Annual Report on Form 10-K. Product costs and expenses for each segment are based on actual costs incurred along with cost allocation of shared and centralized functions. We evaluate performance based on profit or loss from operations before income taxes not including nonrecurring gains and losses. Reportable segments are defined by product and type of customer. Segments are responsible for the sales, marketing and development of their products and services. The segments do not have separate accounting, administration, customer service or purchasing functions. There are no intersegment sales and no operating segments have been aggregated. Given our nature, it is not practical to disclose revenues from external customers for each product or each group of similar products. No single customer's revenues amounted to 10% or more of our total revenue. Sales are primarily within the United States and all assets are located within the United States.
 
(In thousands)
 
Industrial
 
Water
Treatment
 
Total
Three months ended December 29, 2013:
 
 
 
 
 
 
Sales
 
$
58,510

 
$
23,187

 
$
81,697

Gross profit
 
7,351

 
6,199

 
13,550

Selling, general, and administrative expenses
 
4,799

 
3,368

 
8,167

Operating income
 
2,552

 
2,831

 
5,383

Three months ended December 30, 2012:
 
 
 
 
 
 
Sales
 
$
63,109

 
$
22,418

 
$
85,527

Gross profit
 
2,627

 
5,499

 
8,126

Selling, general, and administrative expenses
 
4,731

 
2,886

 
7,617

Operating income
 
(2,104
)
 
2,613

 
509

Nine months ended December 29, 2013:
 
 
 
 
 
 
Sales
 
$
182,224

 
$
80,816

 
$
263,040

Gross profit
 
23,855

 
23,496

 
47,351

Selling, general, and administrative expenses
 
15,114

 
10,316

 
25,430

Operating income
 
8,741

 
13,180

 
21,921

Nine months ended December 30, 2012:
 
 
 
 
 
 
Sales
 
$
182,474

 
$
80,312

 
$
262,786

Gross profit
 
19,992

 
22,637

 
42,629

Selling, general, and administrative expenses
 
14,261

 
9,038

 
23,299

Operating income
 
5,731

 
13,599

 
19,330



Gross profit for our Industrial segment was negatively impacted by the $7.2 million (pre-tax) charge in the third quarter of fiscal 2013 related to our withdrawal from a multiemployer pension plan as discussed in Note 10, and was negatively impacted by the $3.2 million (pre-tax) charge in the first quarter of fiscal 2013 related to the legal settlement discussed in Note 11. The cumulative impact of these pre-tax charges to the industrial gross profit for the nine months ended December 30, 2012 was $10.4 million.