XML 32 R22.htm IDEA: XBRL DOCUMENT v3.23.3
Segment Information
 9 Months Ended
Oct. 28, 2023
Segment Reporting [Abstract]  
Segment Information

Note 15 – Segment Information

We report two segments: PI and T&M. 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

 

 

Nine Months Ended

 

 

Revenue

 

 

Segment Operating Profit

 

 

Revenue

 

 

Segment Operating Profit

 

(In thousands)

 

October 28,
2023

 

 

October 29,
2022

 

 

October 28,
2023

 

 

October 29,
2022

 

 

October 28,
2023

 

 

October 29,
2022

 

 

October 28,
2023

 

 

October 29,
2022

 

Product Identification

 

$

26,543

 

 

$

29,879

 

 

$

4,794

 

 

$

2,960

 

 

$

77,416

 

 

$

74,985

 

 

$

6,848

 

 

$

6,019

 

T&M

 

 

11,006

 

 

 

9,526

 

 

 

2,558

 

 

 

1,711

 

 

 

31,077

 

 

 

27,689

 

 

 

6,548

 

 

 

5,783

 

Total

 

$

37,549

 

 

$

39,405

 

 

 

7,352

 

 

 

4,671

 

 

$

108,493

 

 

$

102,674

 

 

 

13,396

 

 

 

11,802

 

Corporate Expenses

 

 

 

 

 

 

 

 

2,734

 

 

 

3,325

 

 

 

 

 

 

 

 

 

8,514

 

 

 

8,456

 

Operating Income

 

 

 

 

 

 

 

 

4,618

 

 

 

1,346

 

 

 

 

 

 

 

 

 

4,882

 

 

 

3,346

 

Other Income (Expense), net

 

 

 

 

 

 

 

 

(917

)

 

 

(955

)

 

 

 

 

 

 

 

 

(2,161

)

 

 

(1,665

)

Income Before
   Income Taxes

 

 

 

 

 

 

 

 

3,701

 

 

 

391

 

 

 

 

 

 

 

 

 

2,721

 

 

 

1,681

 

Income Tax Provision

 

 

 

 

 

 

 

 

949

 

 

 

102

 

 

 

 

 

 

 

 

 

738

 

 

 

383

 

Net Income

 

 

 

 

 

 

 

$

2,752

 

 

$

289

 

 

 

 

 

 

 

 

$

1,983

 

 

$

1,298