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Note 8 - Operating Segment Information | 9 Months Ended
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Sep. 30, 2017
Notes to Financial Statements |
Segment Reporting Disclosure [Text Block] | N OTE 8 – Operating Segment Information : The Company classifies its businesses into t hree operating segments based on the types of products and services provided. The Uniforms and Related Products segment consists of the sale of uniforms and related items. The Promotional Products segment consists of sales to customers of promotional products and other branded merchandise. The Remote Staffing Solutions segment consists of sales of staffing solutions. The Company evaluates the performance of each operating segment based on several factors of which the primary financial measures are operating segm ent net sales and income before taxes on income. The accounting policies of the operating segments are the same as those described in Note 1 entitled Summary of Significant Interim Accounting Policies. Amounts for corporate expenses are included in the Uniforms and Related Products segment totals. Information related to the operations of the Company's operating segments is set forth below. The amounts presented have been restated for the three -month period and the nine -month period ended September 30, 2016 to reflect the addition of the Promotional Products segment.
|  | Uniforms and Related Products |  |  | Remote Staffing Solutions |  |  | Promotional Products |  |  | Intersegment Eliminations |  |  | Total |
As of and For the Three Months Ended |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
September 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 51,854,000 |  |  | $ | 6,036,000 |  |  | $ | 10,810,000 |  |  | $ | (927,000 | ) |  | $ | 67,773,000 |
Gross margin |  |  | 18,640,000 |  |  |  | 3,267,000 |  |  |  | 3,482,000 |  |  |  | (600,000 | ) |  |  | 24,789,000 |
Selling and administrative expenses |  |  | 13,355,000 |  |  |  | 2,023,000 |  |  |  | 2,956,000 |  |  |  | (600,000 | ) |  |  | 17,734,000 |
Interest expense |  |  | 100,000 |  |  |  | - |  |  |  | 113,000 |  |  |  | - |  |  |  | 213,000 |
Income before taxes on income |  | $ | 5,185,000 |  |  | $ | 1,244,000 |  |  | $ | 413,000 |  |  | $ | - |  |  | $ | 6,842,000 |
Depreciation and amortization |  | $ | 1,044,000 |  |  | $ | 200,000 |  |  | $ | 122,000 |  |  | $ | - |  |  | $ | 1,366,000 |
Capital expenditures |  | $ | 246,000 |  |  | $ | 178,000 |  |  | $ | 90,000 |  |  | $ | - |  |  | $ | 514,000 |
Total assets |  | $ | 177,103,000 |  |  | $ | 20,618,000 |  |  | $ | 34,945,000 |  |  | $ | (27,341,000 | ) |  | $ | 205,325,000 |
|  | Uniforms and Related Products |  |  | Remote Staffing Solutions |  |  | Promotional Products |  |  | Intersegment Eliminations |  |  | Total |
As of and For the Three Months Ended |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
September 30, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 55,341,000 |  |  | $ | 4,624,000 |  |  | $ | 6,215,000 |  |  | $ | (898,000 | ) |  | $ | 65,282,000 |
Gross margin |  |  | 19,043,000 |  |  |  | 2,465,000 |  |  |  | 2,220,000 |  |  |  | (588,000 | ) |  |  | 23,140,000 |
Selling and administrative expenses |  |  | 13,613,000 |  |  |  | 1,548,000 |  |  |  | 2,389,000 |  |  |  | (588,000 | ) |  |  | 16,962,000 |
Interest expense |  |  | 107,000 |  |  |  | - |  |  |  | 65,000 |  |  |  | - |  |  |  | 172,000 |
Income before taxes on income |  | $ | 5,323,000 |  |  | $ | 917,000 |  |  | $ | (234,000 | ) |  | $ | - |  |  | $ | 6,006,000 |
Depreciation and amortization |  | $ | 1,023,000 |  |  | $ | 133,000 |  |  | $ | 127,000 |  |  | $ | - |  |  | $ | 1,283,000 |
Capital expenditures |  | $ | 851,000 |  |  | $ | 184,000 |  |  | $ | 29,000 |  |  | $ | - |  |  | $ | 1,064,000 |
Total assets |  | $ | 174,307,000 |  |  | $ | 19,211,000 |  |  | $ | 26,507,000 |  |  | $ | (25,260,000 | ) |  | $ | 194,765,000 |
|  | Uniforms and Related Products |  |  | Remote Staffing Solutions |  |  | Promotional Products |  |  | Intersegment Eliminations |  |  | Total |
As of and For the Nine Months Ended |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
September 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 152,297,000 |  |  | $ | 16,261,000 |  |  | $ | 28,602,000 |  |  | $ | (2,795,000 | ) |  | $ | 194,365,000 |
Gross margin |  |  | 53,795,000 |  |  |  | 8,819,000 |  |  |  | 9,581,000 |  |  |  | (1,817,000 | ) |  |  | 70,378,000 |
Selling and administrative expenses |  |  | 40,727,000 |  |  |  | 5,489,000 |  |  |  | 8,456,000 |  |  |  | (1,817,000 | ) |  |  | 52,855,000 |
Gain (loss) on sale of property, plant and equipment |  |  | (2,000 | ) |  |  | 1,020,000 |  |  |  | - |  |  |  | - |  |  |  | 1,018,000 |
Interest expense |  |  | 311,000 |  |  |  | - |  |  |  | 282,000 |  |  |  | - |  |  |  | 593,000 |
Income before taxes on income |  | $ | 12,755,000 |  |  | $ | 4,350,000 |  |  | $ | 843,000 |  |  | $ | - |  |  | $ | 17,948,000 |
Depreciation and amortization |  | $ | 3,143,000 |  |  | $ | 585,000 |  |  | $ | 353,000 |  |  | $ | - |  |  | $ | 4,081,000 |
Capital expenditures |  | $ | 1,890,000 |  |  | $ | 485,000 |  |  | $ | 143,000 |  |  | $ | - |  |  | $ | 2,518,000 |
Total assets |  | $ | 177,103,000 |  |  | $ | 20,618,000 |  |  | $ | 34,945,000 |  |  | $ | (27,341,000 | ) |  | $ | 205,325,000 |
|  | Uniforms and Related Products |  |  | Remote Staffing Solutions |  |  | Promotional Products |  |  | Intersegment Eliminations |  |  | Total |
As of and For the Nine Months Ended |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
September 30, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 157,247,000 |  |  | $ | 13,482,000 |  |  | $ | 19,854,000 |  |  | $ | (2,673,000 | ) |  | $ | 187,910,000 |
Gross margin |  |  | 52,615,000 |  |  |  | 7,247,000 |  |  |  | 6,806,000 |  |  |  | (1,744,000 | ) |  |  | 64,924,000 |
Selling and administrative expenses |  |  | 40,086,000 |  |  |  | 4,445,000 |  |  |  | 7,594,000 |  |  |  | (1,744,000 | ) |  |  | 50,381,000 |
Interest expense |  |  | 359,000 |  |  |  | - |  |  |  | 153,000 |  |  |  | - |  |  |  | 512,000 |
Income before taxes on income |  | $ | 12,170,000 |  |  | $ | 2,802,000 |  |  | $ | (941,000 | ) |  | $ | - |  |  | $ | 14,031,000 |
Depreciation and amortization |  | $ | 2,995,000 |  |  | $ | 317,000 |  |  | $ | 290,000 |  |  | $ | - |  |  | $ | 3,602,000 |
Capital expenditures |  | $ | 2,680,000 |  |  | $ | 3,821,000 |  |  | $ | 95,000 |  |  | $ | - |  |  | $ | 6,596,000 |
Total assets |  | $ | 174,307,000 |  |  | $ | 19,211,000 |  |  | $ | 26,507,000 |  |  | $ | (25,260,000 | ) |  | $ | 194,765,000 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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