Note 5. Segment Reporting

We have organized and manage our business by five segments which meet the definition of reportable segments under ASC 280-10, Segment Reporting: Commercial, Live Events, High School Park and Recreation, Transportation, and International. These segments are based on the customer type or geography and are the same as our business units. We evaluate segment performance based on operating results through contribution margin, which is comprised of gross profit less selling expense. We exclude general and administration expense, product design and development expense, non-operating income and expense and income tax expense in the segment analysis. Separate financial information is available and regularly evaluated by our chief operating decision-maker (CODM), the president and chief executive officer, in making resource allocation decisions for our segments.

The following table sets forth certain financial information for each of our five reporting segments for the periods indicated:



	Three Months Ended						Nine Months Ended
	January 26, 2019			January 27, 2018			January 26, 2019			January 27, 2018
Net sales:
Commercial	$	37,159		$	35,483		$	113,797		$	102,723
Live Events	29,995			45,167			134,566			191,432
High School Park and Recreation	14,798			11,463			74,498			69,602
Transportation	15,390			11,189			50,624			46,577
International	17,727			27,014			68,464			62,019
	115,069			130,316			441,949			472,353

Gross profit:
Commercial	8,942			7,546			27,593			21,085
Live Events	3,950			9,747			26,495			43,056
High School Park and Recreation	2,736			2,768			21,997			23,672
Transportation	5,880			3,570			17,471			16,696
International	3,361			4,936			12,317			11,308
	24,869			28,567			105,873			115,817

Contribution margin: (1)
Commercial	4,460			3,131			13,984			7,307
Live Events	347			5,904			16,250			32,494
High School Park and Recreation	(384		)	42			12,874			15,599
Transportation	4,959			2,625			14,245			13,612
International	(50		)	1,594			480			1,245
	9,332			13,296			57,833			70,257

Non-allocated operating expenses:
General and administrative	8,574			8,335			25,685			26,138
Product design and development	8,280			8,299			26,611			26,294
Operating (loss) income	(7,522		)	(3,338		)	5,537			17,825

Nonoperating income (expense):
Interest income	328			158			713			520
Interest expense	(45		)	(40		)	(86		)	(173		)
Other (expense) income, net	(203		)	(487		)	(423		)	(429		)

(Loss) income before income taxes	(7,442		)	(3,707		)	5,741			17,743
Income tax (benefit) expense	(4,123		)	2,482			(4,120		)	8,371
Net (loss) income	$	(3,319	)	$	(6,189	)	$	9,861		$	9,372

Depreciation and amortization:
Commercial	$	1,206		$	1,550		$	3,620		$	4,628
Live Events	1,332			1,192			3,838			3,626
High School Park and Recreation	503			401			1,463			1,245
Transportation	279			281			830			860
International	766			284			2,189			835
Unallocated corporate depreciation	668			725			2,114			2,141
	$	4,754		$	4,433		$	14,054		$	13,335

(1) Contribution margin consists of gross profit less selling expense.

No single geographic area comprises a material amount of our net sales or property and equipment, net of accumulated depreciation, other than the United States. The following table presents information about net sales and property and equipment, net of accumulated depreciation, in the United States and elsewhere:



	Three Months Ended				Nine Months Ended
	January 26, 2019		January 27, 2018		January 26, 2019		January 27, 2018
Net sales:
United States	$	94,418	$	98,989	$	361,679	$	398,894
Outside United States	20,651		31,327		80,270		73,459
	$	115,069	$	130,316	$	441,949	$	472,353


	January 26, 2019		April 28, 2018
Property and equipment, net of accumulated depreciation:
United States	$	59,665	$	61,206
Outside United States	6,100		6,853
	$	65,765	$	68,059

We have numerous customers worldwide for sales of our products and services, and no customer accounted for 10% or more of net sales; therefore, we are not economically dependent on a limited number of customers for the sale of our products and services.

We have numerous raw material and component suppliers, and no supplier accounts for 10% or more of our cost of sales; however, we have a number of single-source suppliers that could limit our supply or cause delays in obtaining raw material and components needed in manufacturing.