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Segment Reporting
 3 Months Ended
Oct. 31, 2015
Segment Reporting, Measurement Disclosures [Abstract]  
Segment Reporting
Segment Reporting
The Company has identified two reportable segments: Engine Products and Industrial Products. Segment selection was based on the internal organization structure, management of operations, and performance evaluation by management and the Company’s Board of Directors. Corporate and Unallocated includes corporate expenses determined to be non-allocable to the segments, such as interest income and interest expense. The Company is an integrated enterprise, characterized by substantial intersegment cooperation, cost allocations, and sharing of assets. Therefore, the Company does not represent that these segments, if operated independently, would report the operating profit and other financial information shown below. Segment detail is summarized as follows (millions of dollars):
 
Three Months Ended,
October 31
 
2015
 
2014
 
Change
Net Sales
 
 
 
 
 
Engine Product segment
$
346.6

 
$
390.7

 
(11.3
)%
Industrial Product segment
191.4

 
205.8

 
(7.0
)
Total
$
538.0

 
$
596.5

 
(9.8
)%
 
 

 
 

 
 

Earnings Before Income Taxes
 
 
 
 
 
Engine Product segment
$
36.0

 
$
53.1

 
(32.2
)%
Industrial Product segment
24.0

 
27.6

 
(13.0
)
Corporate & Unallocated
(6.6
)
 
(3.4
)
 
—

Total
$
53.4

 
$
77.3

 
(30.9
)%

There were no Customers that accounted for over 10 percent of net sales for the three months ended October 31, 2015 or 2014. There were no Customers that accounted for over 10 percent of gross accounts receivable as of October 31, 2015 or 2014.