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Segment Information
3 Months Ended
May 04, 2013
Segment Information [Abstract]  
Segment Information

(9) Segment Information

Astro-Med reports two segments consistent with its sales product groups: Test & Measurement (T&M) and QuickLabel Systems (QuickLabel). On January 31, 2013, the Company completed the sale of substantially all of the assets of its Grass Technologies Product Group (Grass) in order to focus on its existing core businesses. Consequently, the Company has classified the results of operations of Grass as discontinued operations for all periods presented. Refer to Note 14, “Discontinued Operations for a further discussion.

The Company evaluates segment performance based on the segment profit before corporate expenses.

Summarized below are the Net Sales and Segment Operating Profit for each reporting segment:

 

                                 
    Three Months Ended  
    Net Sales     Segment Operating Profit  

(In thousands)

  May 4,
2013
    April 28,
2012
    May 4,
2013
    April 28,
2012
 

T&M

  $ 4,089     $ 3,972     $ 201     $ 543  

QuickLabel

    11,396       10,364       891       903  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 15,485     $ 14,336       1,092       1,446  
   

 

 

   

 

 

                 

Product Replacement Related Costs

                    672       —    

Corporate Expenses

                    1,142       1,018  
                   

 

 

   

 

 

 

Operating Income (Loss)

                    (722     428  

Other Expense—Net

                    (36     (13
                   

 

 

   

 

 

 

Income (Loss) From Continuing Operations Before Income Taxes

                    (758     415  

Income Tax Benefit

                    (319     (144
                   

 

 

   

 

 

 
                      (439     559  

Income (Loss) From Discontinued Operations, Net of Income Taxes

                    (10     278  
                   

 

 

   

 

 

 
         

Net Income (Loss)

                  $ (449   $ 837