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Business Segments And Foreign Operations
6 Months Ended
Feb. 28, 2022
Business Segments And Foreign Operations [Abstract]  
Business Segments And Foreign Operations 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 business 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, 2022:

Net sales

$

54,497

$

54,063

$

21,426

$

-

$

129,986

Income from operations

$

11,217

$

13,715

$

7,925

$

(8,114)

$

24,743

Depreciation and

amortization expense

$

1,169

$

813

$

70

$

43

$

2,095

Interest income

$

-

$

-

$

21

$

-

$

21

Interest expense

$

486

$

125

$

2

$

-

$

613

February 28, 2021:

Net sales

$

46,157

$

49,813

$

15,935

$

-

$

111,905

Income from operations

$

10,356

$

14,176

$

5,188

$

(9,065)

$

20,655

Depreciation and

amortization expense

$

795

$

807

$

75

$

80

$

1,757

Interest income

$

-

$

3

$

16

$

-

$

19

Interest expense

$

491

$

118

$

1

$

-

$

610

Six Months Ended:

February 28, 2022:

Net sales

$

110,785

$

111,618

$

42,329

$

-

$

264,732

Income from operations

$

23,234

$

27,928

$

15,227

$

(17,586)

$

48,803

Depreciation and

amortization expense

$

2,212

$

1,597

$

144

$

129

$

4,082

Interest income

$

-

$

-

$

46

$

-

$

46

Interest expense

$

984

$

246

$

3

$

-

$

1,233

February 28, 2021:

Net sales

$

100,344

$

104,563

$

31,557

$

-

$

236,464

Income from operations

$

24,982

$

31,919

$

10,247

$

(18,101)

$

49,047

Depreciation and

amortization expense

$

1,586

$

1,563

$

151

$

158

$

3,458

Interest income

$

1

$

5

$

32

$

-

$

38

Interest expense

$

946

$

232

$

2

$

-

$

1,180

(1)Unallocated corporate expenses are general corporate overhead expenses not directly attributable to any one of the business 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.