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Segment Information
12 Months Ended
Apr. 30, 2015
Segment Reporting [Abstract]  
Segment Information

Note 9—Segment Information

The Company’s operations are classified into two business segments: Americas and International. The Americas business segment principally designs, manufactures, and installs scientific and technical furniture, including steel and wood laboratory cabinetry, fume hoods, laminate casework, flexible systems, worksurfaces, workstations, workbenches, and computer enclosures. The International business segment, which consists of five foreign subsidiaries as identified in Note 1, provides the Company’s products and services, including facility design, detailed engineering, construction, and project management from the planning stage through testing and commissioning of laboratories.

 

Intersegment transactions are recorded at normal profit margins. All intercompany balances and transactions have been eliminated. Certain corporate expenses shown below have not been allocated to the business segments.

The following table shows revenues, earnings, and other financial information by business segment for each of the three years ended April 30:

 

$ in thousands

   Americas      International      Corporate     Total  

Fiscal Year 2015

          

Revenues from external customers

   $ 93,098       $ 25,730       $ —       $ 118,828   

Intersegment revenues

     1,433         2,419         (3,852     —    

Depreciation

     2,399         216         —         2,615   

Earnings (loss) before income taxes

     5,810         3,073         (3,498     5,385   

Income tax expense (benefit)

     1,794         1,092         (1,141     1,745   

Net earnings attributable to noncontrolling interest

     —          111         —         111   

Net earnings (loss) attributable to Kewaunee Scientific Corporation

     4,016         1,870         (2,357     3,529   

Segment assets

     52,723         16,767         —         69,490   

Expenditures for segment assets

     2,259         309         —         2,568   

Revenues (excluding intersegment) from customers in foreign countries

     1,169         25,730         —         26,899   

Fiscal Year 2014

          

Revenues from external customers

   $ 91,750       $ 19,416       $ —       $ 111,166   

Intersegment revenues

     3,378         2,455         (5,833     —    

Depreciation

     2,432         117         —         2,549   

Earnings (loss) before income taxes

     7,386         2,603         (4,003     5,986   

Income tax expense (benefit)

     2,482         855         (1,354     1,983   

Net earnings attributable to noncontrolling interest

     —          108         —         108   

Net earnings (loss) attributable to Kewaunee Scientific Corporation

     4,904         1,640         (2,649     3,895   

Segment assets

     47,890         14,827         —         62,717   

Expenditures for segment assets

     1,822         199         —         2,021   

Revenues (excluding intersegment) from customers in foreign countries

     1,113         19,416         —         20,529   

Fiscal Year 2013

          

Revenues from external customers

   $ 93,519       $ 23,602       $ —       $ 117,121   

Intersegment revenues

     6,722         2,443         (9,165     —    

Depreciation

     2,523         130         —         2,653   

Earnings (loss) before income taxes

     6,908         2,622         (4,309     5,221   

Income tax expense (benefit)

     2,025         786         (1,271     1,540   

Net earnings attributable to noncontrolling interest

     —          637         —         637   

Net earnings (loss) attributable to Kewaunee Scientific Corporation

     4,883         1,199         (3,038     3,044   

Segment assets

     52,252         16,490         —         68,742   

Expenditures for segment assets

     2,314         91         —         2,405   

Revenues (excluding intersegment) from customers in foreign countries

     942         23,602         —         24,544