Business Segment Data

12 Months Ended

Feb. 27, 2016

Segment Reporting [Abstract]

Business Segment Data

Business Segment Data

We have four reporting segments:

• The Architectural Glass segment fabricates coated, high-performance glass used in customized window and wall systems comprising the outside skin of commercial, institutional and high-end multi-family residential buildings.

• The Architectural Services segment designs, engineers, fabricates and installs the walls of glass, windows and other curtainwall products making up the outside skin of commercial and institutional buildings.

• The Architectural Framing Systems segment designs, engineers, fabricates and finishes the aluminum frames used in customized aluminum and glass window, curtainwall, storefront and entrance systems comprising the outside skin and entrances of commercial, institutional and high-end multi-family residential buildings. We have aggregated four operating segments into this reporting segment based on their similar products, customers, distribution methods, production processes and economic characteristics.

• The Large-Scale Optical Technologies (LSO) segment manufactures value-added glass and acrylic products for the custom picture framing and fine art markets.

(In thousands)	2016			2015			2014
Net Sales
Architectural glass	$	377,713		$	346,471		$	293,810
Architectural services	245,935			230,650			203,351
Architectural framing systems	308,593			298,395			216,059
Large-scale optical	88,541			87,693			81,127
Intersegment elimination	(39,593		)	(29,273		)	(22,902		)
Total	$	981,189		$	933,936		$	771,445
Operating Income (Loss)
Architectural glass	$	35,504		$	16,431		$	3,861
Architectural services	11,687			7,442			4,479
Architectural framing systems	31,911			21,808			14,930
Large-scale optical	22,963			21,954			21,252
Corporate and other	(4,672		)	(4,050		)	(4,237		)
Total	$	97,393		$	63,585		$	40,285
Depreciation and Amortization
Architectural glass	$	14,397		$	12,897		$	11,624
Architectural services	1,274			1,375			1,421
Architectural framing systems	8,019			8,001			6,436
Large-scale optical	4,998			4,817			4,861
Corporate and other	2,560			2,333			2,208
Total	$	31,248		$	29,423		$	26,550
Capital Expenditures
Architectural glass	$	17,701		$	12,307		$	31,568
Architectural services	929			595			1,195
Architectural framing systems	19,166			9,238			7,008
Large-scale optical	1,962			3,500			546
Corporate and other	2,279			1,580			1,535
Total	$	42,037		$	27,220		$	41,852
Identifiable Assets
Architectural glass	$	215,571		$	223,525		$	209,102
Architectural services	81,574			68,930			66,567
Architectural framing systems	193,823			190,106			186,520
Large-scale optical	57,369			60,356			58,102
Corporate and other	109,103			69,140			49,704
Total	$	657,440		$	612,057		$	569,995

Due to the varying combinations and integration of individual window, storefront and curtainwall systems, the Company has determined that it is impractical to report product revenues generated by class of product beyond the segment revenues currently reported.

Segment operating income is equal to net sales less cost of sales and operating expenses. Operating income does not include interest expense or a provision for income taxes. Corporate and other includes miscellaneous corporate activity not allocable to our segments. Identifiable assets for Corporate and other include all short- and long-term available-for-sale securities.

The following table presents net sales, based on the location in which the sale originated, and long-lived assets, representing property, plant and equipment, net of related depreciation, by geographic region.

(In thousands)	2016		2015		2014
Net Sales
United States	$	923,018	$	847,887	$	718,881
Canada	39,324		50,807		15,850
Brazil	18,847		35,242		36,714
Total	$	981,189	$	933,936	$	771,445
Long-Lived Assets
United States	$	189,624	$	178,048	$	177,378
Canada	7,162		8,214		9,031
Brazil	5,676		7,278		7,537
Total	$	202,462	$	193,540	$	193,946

Apogee's export net sales from U.S. operations of $79.5 million for fiscal 2016 were approximately 8 percent of consolidated net sales; export net sales of $72.7 million for fiscal 2015 were approximately 8 percent of consolidated net sales; and export sales of $52.5 million for fiscal 2014 were approximately 7 percent of consolidated net sales. All sales from Canada and Brazil were to customers outside the U.S.