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Segment Information
3 Months Ended
Apr. 30, 2022
Segment Reporting [Abstract]  
Segment Information
Note 15 – Segment Information
We report two segments: Product Identification and Test & Measurement . We evaluate segment performance based on the segment profit before corporate expenses.
Summarized below are the Revenue and Segment Operating Profit for each reporting segment:
 
 
  
Three Months Ended
 
 
  
Revenue
 
  
Segment Operating Profit
 
(In thousands)
  
April 30,
2022
 
  
May 1,
2021
 
  
April 30,
2022
 
  
May 1,
2021
 
Product Identification
   $ 21,724      $ 23,098      $ 1,413      $ 2,729  
T&M
     9,286        5,980        1,911        350  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total
   $ 31,010      $ 29,078        3,324        3,079  
    
 
 
    
 
 
                   
Corporate Expenses
              2,560        2,344  
             
 
 
    
 
 
 
Operating Income
              764        735  
Other Expense, Net
              279        369  
             
 
 
    
 
 
 
Income Before Income Taxes
              485        366  
Income Tax Provision (Benefit)

              60        (227 )
             
 
 
    
 
 
 
Net Income
            $ 425      $ 593