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Business Segments And Foreign Operations
 12 Months Ended
Aug. 31, 2015
Business Segments And Foreign Operations [Abstract]  
Business Segments And Foreign Operations

Note 15.  Business Segments and Foreign Operations

 

The Company evaluates the performance of its segments and allocates resources to them based on sales and operating income. The Company is organized on the basis of geographical area into the following three segments: the Americas; EMEA; and Asia-Pacific. Segment data does not include inter-segment revenues. Unallocated corporate expenses are general corporate overhead expenses not directly attributable to the operating segments and are reported separate from the Company’s identified segments. The corporate overhead costs include expenses for the Company’s accounting and finance, information technology, human resources, research and development, quality control and executive management functions, as well as all direct costs associated with public company compliance matters including legal, audit and other professional services costs.

 

Effective September 1, 2013, the Company transitioned the management of the India operations to the EMEA segment from the Asia-Pacific segment.  As a result, the India financial results were included in the EMEA segment information below for fiscal years 2014 and 2013 for comparison purposes. Summary information about reportable segments is as follows (in thousands): 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unallocated

 

 

 

 

Americas

 

EMEA

 

Asia-Pacific

 

Corporate (1)

 

Total

Fiscal Year Ended August 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

$
187,344 

 

$
136,847 

 

$
53,959 

 

$

 -

 

$
378,150 

Income from operations

$
46,674 

 

$
30,173 

 

$
12,602 

 

$
(24,059)

 

$
65,390 

Depreciation and

 

 

 

 

 

 

 

 

 

 

 

 

 

 

amortization expense

$
4,078 

 

$
2,102 

 

$
253 

 

$
31 

 

$
6,464 

Interest income

$
9 

 

$
417 

 

$
158 

 

$

 -

 

$
584 

Interest expense

$
1,197 

 

$

 -

 

$
8 

 

$

 -

 

$
1,205 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended August 31, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

$
180,806 

 

$
151,368 

 

$
50,823 

 

$

 -

 

$
382,997 

Income from operations

$
41,356 

 

$
34,003 

 

$
10,364 

 

$
(21,986)

 

$
63,737 

Depreciation and

 

 

 

 

 

 

 

 

 

 

 

 

 

 

amortization expense

$
4,229 

 

$
1,363 

 

$
244 

 

$
24 

 

$
5,860 

Interest income

$
7 

 

$
417 

 

$
172 

 

$

 -

 

$
596 

Interest expense

$
994 

 

$

 -

 

$
8 

 

$

 -

 

$
1,002 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended August 31, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

$
180,544 

 

$
137,360 

 

$
50,644 

 

$

 -

 

$
368,548 

Income from operations

$
39,383 

 

$
30,174 

 

$
8,995 

 

$
(21,915)

 

$
56,637 

Depreciation and

 

 

 

 

 

 

 

 

 

 

 

 

 

 

amortization expense

$
4,189 

 

$
960 

 

$
200 

 

$
10 

 

$
5,359 

Interest income

$
1 

 

$
348 

 

$
157 

 

$

 -

 

$
506 

Interest expense

$
684 

 

$

 -

 

$
9 

 

$

 -

 

$
693 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Unallocated corporate expenses are general corporate overhead expenses not directly attributable to any one of the operating segments. These expenses are reported separate from the Company’s identified segments and are included in Selling, General and Administrative expenses on the Company’s consolidated statements of operations.

 

The Company’s Chief Operating Decision Maker does not review assets by segment as part of the financial information provided and therefore, no asset information is provided in the above table.

 

Net sales by product group are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended August 31,

 

2015

 

2014

 

2013

Maintenance products

$
333,306 

 

$
337,825 

 

$
320,883 

Homecare and cleaning products

 
44,844 

 

 
45,172 

 

 
47,665 

Total

$
378,150 

 

$
382,997 

 

$
368,548 

 

 

 

 

 

 

 

 

 

 

 

Net sales and long-lived assets by geographic area are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended August 31,

 

2015

 

2014

 

2013

Net Sales by Geography:

 

 

 

 

 

 

 

 

United States

$
153,116 

 

$
147,033 

 

$
145,233 

International

 
225,034 

 

 
235,964 

 

 
223,315 

Total

$
378,150 

 

$
382,997 

 

$
368,548 

 

 

 

 

 

 

 

 

 

Long-lived Assets by Geography (2) :

 

 

 

 

 

 

 

 

United States

$
5,955 

 

$
4,470 

 

$
4,223 

International

 
5,421 

 

 
5,232 

 

 
4,312 

Total

$
11,376 

 

$
9,702 

 

$
8,535 

 

 

 

 

 

 

 

 

 

(2) Includes tangible assets and property and equipment, net, attributed to the geographic location in which such assets are located.