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Business Segments and Foreign Operations
 6 Months Ended
Feb. 29, 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):
For the Three Months EndedAmericasEIMEAAsia-Pacific
Unallocated
Corporate (1)
Total
February 29, 2024
Net sales$63,507 $54,313 $21,285 $- $139,105 
Income from operations$13,220 $12,087 $7,489 $(11,855)$20,941 
Depreciation and amortization expense (2)
$1,144 $1,150 $56 $72 $2,422 
Interest income$- $36 $30 $- $66 
Interest expense$505 $502 $1 $- $1,008 
February 28, 2023
Net sales$62,890 $46,809 $20,494 $- $130,193 
Income from operations$13,712 $10,383 $7,023 $(8,965)$22,153 
Depreciation and amortization expense (2)
$869 $973 $51 $75 $1,968 
Interest income$- $26 $25 $- $51 
Interest expense$1,087 $413 $2 $- $1,502 
For the Six Months Ended
February 29, 2024
Net sales$127,582 $103,067 $48,872 $- $279,521 
Income from operations$27,416 $21,602 $18,514 $(22,407)$45,125 
Depreciation and amortization expense (2)
$2,195 $2,224 $113 $151 $4,683 
Interest income$- $82 $58 $- $140 
Interest expense$1,065 $1,086 $3 $- $2,154 
February 28, 2023
Net sales$120,904 $87,581 $46,601 $- $255,086 
Income from operations$26,484 $16,666 $16,640 $(18,958)$40,832 
Depreciation and amortization expense (2)
$1,747 $1,870 $96 $151 $3,864 
Interest income$4 $35 $56 $- $95 
Interest expense$1,977 $692 $2 $- $2,671 
(1)These expenses are reported separately from the Company’s identified segments and are included in selling, general and administrative expenses in the Company’s condensed 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.