Operating Segments (Tables)

9 Months Ended

Apr. 30, 2020

Segment Reporting [Abstract]

Revenue by Principal Product by Operating Segment

Net sales for our principal products by segment are as follows (in thousands):

	Business to Business Products Group				Retail and Wholesale Products Group
	For the Nine Months Ended April 30,
Product	2020		2019		2020		2019
Cat Litter	$	11,026	$	9,943	$	116,010	$	101,754
Industrial and Sports	—		—		22,906		25,509
Agricultural and Horticultural	16,518		18,320		—		—
Bleaching Clay and Fluids Purification	37,142		38,116		1,835		1,820
Animal Health and Nutrition	12,946		11,446		—		—
Net Sales	$	77,632	$	77,825	$	140,751	$	129,083
	Business to Business Products Group				Retail and Wholesale Products Group
	For the Three Months Ended April 30,
Product	2020		2019		2020		2019
Cat Litter	$	3,779	$	3,441	$	41,040	$	34,141
Industrial and Sports	—		—		7,894		10,080
Agricultural and Horticultural	6,222		5,622		—		—
Bleaching Clay and Fluids Purification	12,537		13,662		639		623
Animal Health and Nutrition	4,145		3,316		—		—
Net Sales	$	26,683	$	26,041	$	49,573	$	44,844

Operating Segments Information

We do not rely on any segment asset allocations and we do not consider them meaningful because of the shared nature of our production facilities; however, we have estimated the segment asset allocations below for those assets for which we can reasonably determine. The unallocated asset category is the remainder of our total assets. We have refined the basis of allocation for certain of our assets as of April 30, 2020 and we have restated the allocation of assets as of July 31, 2019 presented below to enhance comparability. The asset allocation is estimated and is not a measure used by our chief operating decision maker about allocating resources to the operating segments or in assessing their performance. 

	Assets
	April 30, 2020		July 31, 2019
	(in thousands)
Business to Business Products Group	$	69,184	$	66,655
Retail and Wholesale Products Group	100,636		95,593
Unallocated Assets	46,161		42,979
Total Assets	$	215,981	$	205,227

Net sales and operating income for each segment are provided below. The corporate expenses line includes certain unallocated expenses, including primarily salaries, wages and benefits, purchased services, rent, utilities and depreciation and amortization associated with corporate functions such as research and development, information systems, finance, legal, human resources and customer service. Corporate expenses also include the estimated annual incentive plan bonus accrual. Other income for the third quarter and the first nine months of fiscal year 2019 included net proceeds upon resolution of legal proceedings. The amount received under a confidential agreement resolving such legal proceedings was material to our financial results for the period.

	For the Nine Months Ended April 30,
	Net Sales				Income
	2020		2019		2020			2019
	(in thousands)
Business to Business Products Group	$	77,632	$	77,825	$	24,046		$	21,758
Retail and Wholesale Products Group	140,751		129,083		15,380			6,823
Net Sales	$	218,383	$	206,908
Corporate Expenses					(23,732		)	(22,424		)
Income from Operations					15,694			6,157
Total Other (Expense) Income, Net					(262		)	4,219
Income before Income Taxes					15,432			10,376
Income Tax Expense					(2,573		)	(1,599		)
Net Income					12,859			8,777
Net Loss Income Attributable to Noncontrolling Interest					(155		)	(35		)
Net Income Attributable to Oil-Dri					$	13,014		$	8,812
	For the Three Months Ended April 30,
	Net Sales				Income
	2020		2019		2020			2019
	(in thousands)
Business to Business Products Group	$	26,683	$	26,041	$	8,198		$	7,454
Retail and Wholesale Products Group	49,573		44,844		6,412			4,161
Net Sales	$	76,256	$	70,885
Corporate Expenses					(8,910		)	(9,288		)
Income from Operations					5,700			2,327
Total Other (Expense) Income, Net					(103		)	4,377
Income before Income Taxes					5,597			6,704
Income Tax Expense					(947		)	(1,143		)
Net Income					4,650			5,561
Net Income (Loss) Attributable to Noncontrolling Interest					2			(58		)
Net Income Attributable to Oil-Dri					$	4,648		$	5,619