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
February 28, 2018:
Net sales	$	44,967	$	39,632	$	16,657	$	-	$	101,256
Income from operations	$	10,336	$	10,532	$	5,181	$	(6,681)	$	19,368
Depreciation and
amortization expense	$	1,046	$	646	$	81	$	196	$	1,969
Interest income	$	-	$	118	$	13	$	-	$	131
Interest expense	$	999	$	-	$	3	$	-	$	1,002

February 28, 2017:
Net sales	$	45,078	$	36,205	$	15,236	$	-	$	96,519
Income from operations	$	10,710	$	10,327	$	4,585	$	(6,760)	$	18,862
Depreciation and
amortization expense	$	1,090	$	517	$	61	$	10	$	1,678
Interest income	$	2	$	109	$	22	$	-	$	133
Interest expense	$	595	$	-	$	3	$	-	$	598

For the Six Months Ended
February 28, 2018:
Net sales	$	91,130	$	74,660	$	33,063	$	-	$	198,853
Income from operations	$	21,366	$	18,368	$	9,801	$	(13,031)	$	36,504
Depreciation and
amortization expense	$	2,140	$	1,205	$	153	$	388	$	3,886
Interest income	$	1	$	237	$	26	$	-	$	264
Interest expense	$	1,838	$	-	$	5	$	-	$	1,843

February 28, 2017:
Net sales	$	87,918	$	66,462	$	31,387	$	-	$	185,767
Income from operations	$	21,459	$	17,505	$	9,571	$	(13,157)	$	35,378
Depreciation and
amortization expense	$	2,139	$	1,018	$	123	$	18	$	3,298
Interest income	$	4	$	189	$	87	$	-	$	280
Interest expense	$	1,122	$	-	$	7	$	-	$	1,129

⁽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 February 28,				Six Months Ended February 28,
	2018		2017		2018		2017
Maintenance products	$	92,319	$	87,771	$	180,349	$	166,930
Homecare and cleaning products		8,937		8,748		18,504		18,837
Total	$	101,256	$	96,519	$	198,853	$	185,767