XML 41 R23.htm IDEA: XBRL DOCUMENT
v3.21.1

Segment Information | 12 Months Ended
--- | ---
Mar. 28, 2021
Segment Reporting [Abstract] |
Segment Information | Segment Information We have three reportable segments: Industrial, Water Treatment and Health and Nutrition. The accounting policies of the segments are the same as those described in the summary of significant accounting policies. Product costs and expenses for each segment are based on actual costs incurred along with cost allocations 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 primarily by product and type of customer. Segments are responsible for the sales, marketing and development of their products and services. Other than our Health and Nutrition segment, 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.
Reportable Segments |  | Industrial |  | Water Treatment |  | Health and Nutrition |  | Total
(In thousands) |  |  |  |  |  |  |  |
Fiscal Year Ended March 28, 2021: |  |  |  |  |  |  |  |
Sales |  | $ | 273,361 |  |  | $ | 170,004 |  |  | $ | 153,506 |  |  | $ | 596,871 |
Gross profit |  | 43,337 |  |  | 46,793 |  |  | 33,632 |  |  | 123,762 |
Selling, general, and administrative expenses |  | 27,033 |  |  | 24,453 |  |  | 16,398 |  |  | 67,884 |
Operating income |  | 16,304 |  |  | 22,340 |  |  | 17,234 |  |  | 55,878 |
Identifiable assets* |  | $ | 181,478 |  |  | $ | 109,761 |  |  | $ | 166,558 |  |  | $ | 457,797 |
Capital expenditures |  | $ | 13,713 |  |  | $ | 6,732 |  |  | $ | 349 |  |  | $ | 20,794 |
Fiscal Year Ended March 29, 2020: |  |  |  |  |  |  |  |
Sales |  | $ | 275,224 |  |  | $ | 159,895 |  |  | $ | 105,079 |  |  | $ | 540,198 |
Gross profit |  | 38,936 |  |  | 41,902 |  |  | 20,079 |  |  | 100,917 |
Selling, general, and administrative expenses |  | 24,123 |  |  | 19,801 |  |  | 15,322 |  |  | 59,246 |
Operating income (loss) |  | 14,813 |  |  | 22,101 |  |  | 4,757 |  |  | 41,671 |
Identifiable assets* |  | $ | 173,068 |  |  | $ | 63,506 |  |  | $ | 139,780 |  |  | $ | 376,354 |
Capital expenditures |  | $ | 14,933 |  |  | $ | 9,160 |  |  | $ | 456 |  |  | $ | 24,549 |
Fiscal Year Ended March 31, 2019: |  |  |  |  |  |  |  |
Sales |  | $ | 281,860 |  |  | $ | 149,490 |  |  | $ | 124,976 |  |  | $ | 556,326 |
Gross profit |  | 34,900 |  |  | 37,986 |  |  | 23,050 |  |  | 95,936 |
Selling, general, and administrative expenses |  | 22,759 |  |  | 19,498 |  |  | 16,861 |  |  | 59,118 |
Operating income |  | 12,141 |  |  | 18,488 |  |  | 6,189 |  |  | 36,818 |
Identifiable assets* |  | $ | 162,926 |  |  | $ | 58,274 |  |  | $ | 146,042 |  |  | $ | 367,242 |
Capital expenditures |  | $ | 7,319 |  |  | $ | 4,506 |  |  | $ | 793 |  |  | $ | 12,618 |
* Unallocated assets not included, consisting primarily of cash and cash equivalents, investments and prepaid expenses, were $14.8 million at March 28, 2021, $13.0 million at March 29, 2020 and $18.4 million at March 31, 2019.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration