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Segment Information
3 Months Ended
May 03, 2014
Segment Reporting [Abstract]  
Segment Information

(10) Segment Information

Astro-Med reports two segments consistent with its sales product groups: QuickLabel Systems (QuickLabel) and Test & Measurement (T&M). 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 the first quarter of fiscal 2014. 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 3,
2014
     May 4,
2013
     May 3,
2014
    May 4,
2013
 

QuickLabel

   $ 14,423       $ 11,396       $ 2,198      $ 891   

T&M

     6,351         4,089         692        201   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total

   $ 20,774       $ 15,485         2,890        1,092   
  

 

 

    

 

 

      

Product Replacement Related Costs

           —         672  

Corporate Expenses

           1,191        1,142   
        

 

 

   

 

 

 

Operating Income (Loss)

           1,699        (722

Other Income (Expense)—Net

           (121     (36
        

 

 

   

 

 

 

Income (Loss) From Continuing Operations Before Income Taxes

           1,578        (758

Income Tax Provision (Benefit)

           449        (319
        

 

 

   

 

 

 
           1,129        (439

Loss From Discontinued Operations, Net of Income Taxes

           —          (10
        

 

 

   

 

 

 

Net Income (Loss)

         $ 1,129      $ (449