Segment Information

9 Months Ended

Jan. 01, 2012

Segment Information [Abstract]

Segment Information

Note 12 – Segment Information

We have two reportable segments: Industrial and Water Treatment. The accounting policies of the segments are the same as those described in the summary of significant accounting policies as disclosed in our fiscal 2011 Annual Report on Form 10-K. Product costs and expenses for each segment are based on actual costs incurred along with cost allocation of shared and centralized functions. We evaluate performance based on profit or loss from operations before income taxes not including nonrecurring gains and losses. Reportable segments are defined by product and type of customer. Segments are responsible for the sales, marketing and development of their products and services. The segments do not have separate accounting, administration, customer service or purchasing functions. There are no intersegment sales and no operating segments have been aggregated. Given our nature, it is not practical to disclose revenues from external customers for each product or each group of similar products. No single customer represents 10 percent or more of our revenue. Sales are primarily within the United States and all assets are located within the United States.

Reportable Segments	Industrial		Water     Treatment		Total
(In thousands)
Three months ended January 1, 2012:
Sales	$	63,741	$	20,419	$	84,160
Gross profit		10,213		5,466		15,679
Operating income		5,716		2,800		8,516
Three months ended December 31, 2010:
Sales	$	51,282	$	19,338	$	70,620
Gross profit		8,627		5,099		13,726
Operating income		4,130		2,703		6,833
Nine months ended January 1, 2012:
Sales	$	188,646	$	71,978	$	260,624
Gross profit		31,786		20,570		52,356
Operating income		17,143		12,349		29,492
Nine months ended December 31, 2010:
Sales	$	146,016	$	69,668	$	215,684
Gross profit		28,550		21,366		49,916
Operating income		15,894		13,654		29,548