Note 13. 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.

Summary information about reportable segments is as follows (in thousands):



							Unallocated
For the Three Months Ended	Americas		EMEA		Asia-Pacific		Corporate (1)		Total
May 31, 2017:
Net sales	$	49,046	$	34,386	$	14,746	$	-	$	98,178
Income from operations	$	14,402	$	8,009	$	4,159	$	(5,957)	$	20,613
Depreciation and
amortization expense	$	1,100	$	534	$	63	$	10	$	1,707
Interest income	$	2	$	97	$	13	$	-	$	112
Interest expense	$	691	$	-	$	2	$	-	$	693

May 31, 2016:
Net sales	$	49,878	$	32,922	$	13,646	$	-	$	96,446
Income from operations	$	13,329	$	7,150	$	3,875	$	(5,686)	$	18,668
Depreciation and
amortization expense	$	960	$	543	$	71	$	8	$	1,582
Interest income	$	1	$	118	$	67	$	-	$	186
Interest expense	$	429	$	-	$	4	$	-	$	433

For the Nine Months Ended
May 31, 2017:
Net sales	$	136,964	$	100,848	$	46,133	$	-	$	283,945
Income from operations	$	35,861	$	25,514	$	13,730	$	(19,114)	$	55,991
Depreciation and
amortization expense	$	3,239	$	1,552	$	186	$	28	$	5,005
Interest income	$	6	$	286	$	100	$	-	$	392
Interest expense	$	1,813	$	-	$	9	$	-	$	1,822

May 31, 2016:
Net sales	$	139,832	$	100,634	$	43,052	$	-	$	283,518
Income from operations	$	35,003	$	23,278	$	12,767	$	(17,329)	$	53,719
Depreciation and
amortization expense	$	3,101	$	1,567	$	202	$	23	$	4,893
Interest income	$	4	$	366	$	147	$	-	$	517
Interest expense	$	1,212	$	-	$	10	$	-	$	1,222

⁽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 condensed 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):



	Three Months Ended May 31,				Nine Months Ended May 31,
	2017		2016		2017		2016
Maintenance products	$	88,926	$	86,560	$	255,856	$	253,442
Homecare and cleaning products		9,252		9,886		28,089		30,076
Total	$	98,178	$	96,446	$	283,945	$	283,518