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OPERATING SEGMENTS (Tables)
 12 Months Ended
Jul. 31, 2022
OPERATING SEGMENTS [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 GroupRetail and Wholesale Products Group
Year Ended July 31,
Product2022202120222021
Cat Litter$— $— $196,278 $176,119 
Industrial and Sports— — 38,932 31,724 
Agricultural and Horticultural30,419 26,035 — — 
Bleaching Clay and Fluids Purification62,051 53,337 — — 
Animal Health and Nutrition20,909 17,766 — — 
Net Sales$113,379 $97,138 $235,210 $207,843 
Segment Reporting Information
Net sales and operating income for each segment are provided below. The accounting policies of the segments are the same as those described in the Note 1 of the Notes to the Consolidated Financial Statements.

We do not rely on any operating 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. 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.

The corporate expenses line in the table below represents 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 annual incentive plan bonus accrual.

July 31,
Assets
20222021
(in thousands)
Business to Business Products$75,644 $62,124 
Retail and Wholesale Products125,293 110,167 
Unallocated assets 48,674 55,275 
Total Assets$249,611 $227,566 
 Year Ended July 31,
 Net SalesIncome
 2022202120222021
 (in thousands)
Business to Business Products$113,379 $97,138 $24,344 $25,914 
Retail and Wholesale Products235,210 207,843 6,252 11,088 
Net Sales$348,589 $304,981 
Corporate Expenses(25,775)(23,966)
Income from Operations4,821 13,036 
Total Other Income, Net888 332 
Income Before Income Taxes5,709 13,368 
Income Tax Expense(97)(2,388)
Net Income$5,612 $10,980 
Net Loss Attributable to Noncontrolling Interest$(62)$(133)
Net Income Attributable to Oil-Dri$5,674 $11,113 
Financial Information by Geographic Region The following is a summary by fiscal year of financial information by geographic region (in thousands):
 20222021
   Sales to unaffiliated customers by:  
      Domestic operations$328,696 $287,575 
      Foreign subsidiaries$19,893 $17,406 
   Sales or transfers between geographic areas: 
     Domestic operations$6,418 $5,347 
Foreign subsidiaries$161 $112 
   Income (Loss) before income taxes: 
      Domestic operations$6,552 $14,144 
      Foreign subsidiaries$(843)$(776)
   Net Income (Loss) attributable to Oil-Dri: 
     Domestic operations$6,430 $11,710 
      Foreign subsidiaries$(756)$(597)
   Identifiable assets: 
      Domestic operations$236,622 $214,994 
      Foreign subsidiaries$12,989 $12,572 
Largest Customer Information
Sales to Walmart, our largest customer, are included in our Retail and Wholesale Products Group. The percentage of consolidated net sales and net accounts receivable attributed to Walmart are shown in the table below:
 20222021
Net sales for the years ended July 3116%18%
Net accounts receivable as of July 3121%20%