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Note 9 - Operating Segment Information | 9 Months Ended
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Sep. 30, 2019
Notes to Financial Statements |
Segment Reporting Disclosure [Text Block] | N OTE 9 – Operating Segment Information : The Company classifies its businesses into three operating segments based on the types of products and services provided. The Uniforms and Related Products segment consists of sales to customers of uniforms and related items. The Remote Staffing Solutions segment consists of sales of staffing solutions. The Promotional Products segment consists of sales to customers of promotional products and other branded merchandise. The Company evaluates the performance of each operating segment based on several factors of which the primary financial measures are net sales and income before taxes on income. Amounts for corporate expenses are included in the totals for the Uniforms and Related Products segment. To better reflect the way in which management now reviews the Company’s operating results, in the third quarter of 2019, the Company changed the composition of total assets for each reportable segment to exclude intercompany balances. This change has been made to all periods presented within this Quarterly Report on Form 10 -Q. The following tables set forth financial information related to the Company's operating segments (in thousands):
As of and For the Three Months Ended September 30, 2019 |  | Uniforms and Related Products |  |  | Remote Staffing Solutions |  |  | Promotional Products |  |  | Intersegment Eliminations |  |  | Total |
Net sales |  | $ | 54,979 |  |  | $ | 9,305 |  |  | $ | 26,460 |  |  | $ | (1,278 | ) |  | $ | 89,466 |
Cost of goods sold |  |  | 35,263 |  |  |  | 3,542 |  |  |  | 19,627 |  |  |  | (417 | ) |  |  | 58,015 |
Gross margin |  |  | 19,716 |  |  |  | 5,763 |  |  |  | 6,833 |  |  |  | (861 | ) |  |  | 31,451 |
Selling and administrative expenses |  |  | 17,688 |  |  |  | 3,488 |  |  |  | 4,945 |  |  |  | (861 | ) |  |  | 25,260 |
Other periodic pension cost |  |  | 476 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 476 |
Interest expense |  |  | 768 |  |  |  | - |  |  |  | 317 |  |  |  | - |  |  |  | 1,085 |
Income before taxes on income |  | $ | 784 |  |  | $ | 2,275 |  |  | $ | 1,571 |  |  | $ | - |  |  | $ | 4,630 |
Depreciation and amortization |  | $ | 1,537 |  |  | $ | 240 |  |  | $ | 351 |  |  | $ | - |  |  | $ | 2,128 |
Capital expenditures |  | $ | 1,038 |  |  | $ | 276 |  |  | $ | 131 |  |  | $ | - |  |  | $ | 1,445 |
Total assets |  | $ | 254,053 |  |  | $ | 22,289 |  |  | $ | 73,043 |  |  | $ | - |  |  | $ | 349,385 |
As of and For the Three Months Ended September 30, 2018 |  | Uniforms and Related Products |  |  | Remote Staffing Solutions |  |  | Promotional Products |  |  | Intersegment Eliminations |  |  | Total |
Net sales |  | $ | 69,776 |  |  | $ | 7,934 |  |  | $ | 19,186 |  |  | $ | (1,026 | ) |  | $ | 95,870 |
Cost of goods sold |  |  | 45,225 |  |  |  | 3,346 |  |  |  | 13,859 |  |  |  | (360 | ) |  |  | 62,070 |
Gross margin |  |  | 24,551 |  |  |  | 4,588 |  |  |  | 5,327 |  |  |  | (666 | ) |  |  | 33,800 |
Selling and administrative expenses |  |  | 18,731 |  |  |  | 2,856 |  |  |  | 4,561 |  |  |  | (666 | ) |  |  | 25,482 |
Other periodic pension cost |  |  | 96 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 96 |
Interest expense |  |  | 593 |  |  |  | - |  |  |  | 347 |  |  |  | - |  |  |  | 940 |
Income before taxes on income |  | $ | 5,131 |  |  | $ | 1,732 |  |  | $ | 419 |  |  | $ | - |  |  | $ | 7,282 |
Depreciation and amortization |  | $ | 1,510 |  |  | $ | 241 |  |  | $ | 348 |  |  | $ | - |  |  | $ | 2,099 |
Capital expenditures |  | $ | 885 |  |  | $ | 445 |  |  | $ | 137 |  |  | $ | - |  |  | $ | 1,467 |
Total assets(1) |  | $ | 259,700 |  |  | $ | 18,414 |  |  | $ | 56,916 |  |  | $ | - |  |  | $ | 335,030 |
( 1 ) | Intercompany balances that were previously included in total assets for each reportable segment have been excluded.
As of and For the Nine Months Ended September 30, 2019 |  | Uniforms and Related Products |  |  | Remote Staffing Solutions |  |  | Promotional Products |  |  | Intersegment Eliminations |  |  | Total |
Net sales |  | $ | 174,403 |  |  | $ | 26,897 |  |  | $ | 70,563 |  |  | $ | (3,575 | ) |  | $ | 268,288 |
Cost of goods sold |  |  | 112,561 |  |  |  | 10,926 |  |  |  | 51,960 |  |  |  | (1,221 | ) |  |  | 174,226 |
Gross margin |  |  | 61,842 |  |  |  | 15,971 |  |  |  | 18,603 |  |  |  | (2,354 | ) |  |  | 94,062 |
Selling and administrative expenses |  |  | 54,644 |  |  |  | 10,055 |  |  |  | 15,663 |  |  |  | (2,354 | ) |  |  | 78,008 |
Other periodic pension cost |  |  | 1,282 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,282 |
Interest expense |  |  | 2,609 |  |  |  | - |  |  |  | 905 |  |  |  | - |  |  |  | 3,514 |
Income before taxes on income |  | $ | 3,307 |  |  | $ | 5,916 |  |  | $ | 2,035 |  |  | $ | - |  |  | $ | 11,258 |
Depreciation and amortization |  | $ | 4,607 |  |  | $ | 745 |  |  | $ | 987 |  |  | $ | - |  |  | $ | 6,339 |
Capital expenditures |  | $ | 5,193 |  |  | $ | 881 |  |  | $ | 350 |  |  | $ | - |  |  | $ | 6,424 |
Total assets |  | $ | 254,053 |  |  | $ | 22,289 |  |  | $ | 73,043 |  |  | $ | - |  |  | $ | 349,385 |
As of and For the Nine Months Ended September 30, 2018 |  | Uniforms and Related Products |  |  | Remote Staffing Solutions |  |  | Promotional Products |  |  | Intersegment Eliminations |  |  | Total |
Net sales |  | $ | 174,304 |  |  | $ | 23,234 |  |  | $ | 56,876 |  |  | $ | (3,065 | ) |  | $ | 251,349 |
Cost of goods sold |  |  | 113,036 |  |  |  | 9,839 |  |  |  | 41,579 |  |  |  | (1,058 | ) |  |  | 163,396 |
Gross margin |  |  | 61,268 |  |  |  | 13,395 |  |  |  | 15,297 |  |  |  | (2,007 | ) |  |  | 87,953 |
Selling and administrative expenses |  |  | 50,269 |  |  |  | 8,146 |  |  |  | 13,583 |  |  |  | (2,007 | ) |  |  | 69,991 |
Other periodic pension cost |  |  | 289 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 289 |
Interest expense |  |  | 1,147 |  |  |  | - |  |  |  | 827 |  |  |  | - |  |  |  | 1,974 |
Income before taxes on income |  | $ | 9,563 |  |  | $ | 5,249 |  |  | $ | 887 |  |  | $ | - |  |  | $ | 15,699 |
Depreciation and amortization |  | $ | 4,024 |  |  | $ | 731 |  |  | $ | 990 |  |  | $ | - |  |  | $ | 5,745 |
Capital expenditures |  | $ | 2,278 |  |  | $ | 1,264 |  |  | $ | 339 |  |  | $ | - |  |  | $ | 3,881 |
Total assets(1) |  | $ | 259,700 |  |  | $ | 18,414 |  |  | $ | 56,916 |  |  | $ | - |  |  | $ | 335,030 |
( 1 ) | Intercompany balances that were previously included in total assets for each reportable segment have been excluded.

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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