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Segment Information
9 Months Ended
Jan. 31, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company's operations are classified into two business segments: Domestic and International. The Domestic business segment principally designs, manufactures, and installs scientific and technical furniture, including steel and wood laboratory cabinetry, fume hoods, flexible systems, worksurfaces, workstations, workbenches, and computer enclosures. On November 1, 2024, the Company completed its acquisition of Nu Aire, whose operating results are reflected in the Domestic Operations segment, expanding the Company's Domestic capabilities through its manufacturing of biological safety cabinets, CO2 incubators, ultralow freezers, and other essential laboratory products. See Note C, Nu Aire Acquisition for further information. The International business segment, which consists of the Company's foreign subsidiaries, provides 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 tables provide financial information by business segment and unallocated corporate expenses for the periods ended January 31, 2025 and 2024 (in thousands):
Domestic
Operations
International
Operations
Corporate /
Eliminations
Total
Three Months Ended January 31, 2025
Revenues from external customers$51,976 $15,191 $— $67,167 
Intersegment revenues28 943 (971)— 
Earnings (loss) before income taxes3,514 786 (3,025)1,275 
Three Months Ended January 31, 2024
Revenues from external customers$31,774 $15,004 $— $46,778 
Intersegment revenues84 1,412 (1,496)— 
Earnings (loss) before income taxes2,852 1,732 (1,069)3,515 
Domestic
Operations
International
Operations
Corporate /
Eliminations
Total
Nine Months Ended January 31, 2025
Revenues from external customers$123,908 $39,416 $— $163,324 
Intersegment revenues298 2,766 (3,064)— 
Earnings (loss) before income taxes12,914 2,183 (7,461)7,636 
Nine Months Ended January 31, 2024
Revenues from external customers$101,379 $45,674 $— $147,053 
Intersegment revenues509 3,228 (3,737)— 
Earnings (loss) before income taxes10,762 4,326 (3,316)11,772