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Business Segments and Foreign Operations
12 Months Ended
Aug. 31, 2024
Segment Reporting [Abstract]  
Business Segments and Foreign Operations Business Segments and Foreign Operations
The Company evaluates the performance of its segments and allocates resources to them based on sales and income from operations. The Company is organized on the basis of geographical area into the following three segments: the Americas; EIMEA; 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. 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):
AmericasEIMEAAsia-Pacific
Unallocated
Corporate (1)
Total
Fiscal Year Ended August 31, 2024
Net sales$281,883 $221,045 $87,629 $— $590,557 
Income from operations$65,037 $46,809 $29,714 $(45,209)$96,351 
Depreciation and amortization expense (2)
$4,581 $4,374 $229 $272 $9,456 
Interest income$39 $313 $122 $— $474 
Interest expense$2,590 $1,691 $$— $4,287 
Fiscal Year Ended August 31, 2023
Net sales$266,772 $190,818 $79,665 $— $537,255 
Income from operations$60,797 $39,456 $25,888 $(36,417)$89,724 
Depreciation and amortization expense (2)
$3,656 $3,987 $204 $304 $8,151 
Interest income$$111 $116 $— $231 
Interest expense$3,834 $1,775 $$— $5,614 
Fiscal Year Ended August 31, 2022
Net sales$240,233 $204,688 $73,899 $— $518,820 
Income from operations$54,198 $42,058 $22,590 $(31,516)$87,330 
Depreciation and amortization expense (2)
$4,320 $3,356 $275 $343 $8,294 
Interest income$$— $100 $— $102 
Interest expense$2,165 $574 $$— $2,742 
(1)These expenses are reported separately from the Company’s identified segments and are included in selling, general and administrative expenses on the Company’s consolidated statements of operations.
(2)Amortization presented above includes amortization of definite-lived intangible assets and excludes amortization of implementation costs associated with cloud computing arrangements.
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,
202420232022
Maintenance products$558,036 $503,558 $485,326 
Homecare and cleaning products32,521 33,697 33,494 
Total$590,557 $537,255 $518,820 
Net sales and long-lived assets by geographic area are as follows (in thousands):
 Fiscal Year Ended August 31,
 202420232022
Net Sales by Geography:
United States$206,963 $207,629 $176,863 
International383,594 329,626 341,957 
Total$590,557 $537,255 $518,820 
 
Long-lived Assets by Geography (1):
United States$30,057 $33,263 $35,375 
International32,926 33,528 30,602 
Total$62,983 $66,791 $65,977 
(1)Includes tangible assets and property and equipment, net, attributed to the geographic location in which such assets are located.