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Segment Information
9 Months Ended
Dec. 29, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
We have three reportable segments: Water Treatment, Industrial, and Health and Nutrition. The accounting policies of the segments are the same as those described in the summary of significant accounting policies in our Annual Report on Form 10-K for the fiscal year ended March 31, 2024.
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. We allocate certain corporate expenses to our operating segments. There are no intersegment sales and no operating segments have been aggregated. 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)Water
Treatment
IndustrialHealth and NutritionTotal
Three months ended December 29, 2024:
Sales$99,752 $91,997 $34,456 $226,205 
Gross profit26,027 15,180 7,217 48,424 
Selling, general, and administrative expenses16,054 7,058 4,249 27,361 
Operating income9,973 8,122 2,968 21,063 
Three months ended December 31, 2023:
Sales$82,019 $92,990 $33,487 $208,496 
Gross profit20,241 16,495 5,512 42,248 
Selling, general, and administrative expenses12,470 7,292 4,012 23,774 
Operating income 7,771 9,203 1,500 18,474 
Nine months ended December 29, 2024:
Sales$341,456 $285,135 $102,522 $729,113 
Gross profit96,572 55,324 21,405 173,301 
Selling, general and administrative expenses45,732 20,649 12,321 78,702 
Operating income50,840 34,675 9,084 94,599 
Nine months ended December 31, 2023:
Sales$276,595 $312,398 $107,149 $696,142 
Gross profit75,957 53,645 18,523 148,125 
Selling, general and administrative expenses31,741 20,673 11,759 64,173 
Operating income 44,216 32,972 6,764 83,952 
No significant changes to identifiable assets by segment occurred during the nine months ended December 29, 2024.