XML 50 R38.htm IDEA: XBRL DOCUMENT v3.19.2
Segment Reporting (Tables)
 6 Months Ended
Jul. 31, 2019
Segment Reporting [Abstract]  
Business segment net sales and operating income results
Business segment financial performance and other information is as follows:
 
Three Months Ended
 
Six Months Ended
 
July 31,
2019
 
July 31,
2018
 
July 31,
2019
 
July 31,
2018
Net sales
 
 
 
 
 
 
 
Applied Technology
$
27,371

 
$
30,362

 
$
69,096

 
$
70,792

Engineered Films(a)
57,516

 
58,875

 
101,808

 
118,867

Aerostar
13,189

 
13,517

 
25,379

 
24,418

Intersegment eliminations(b)
(18
)
 
(70
)
 
(47
)
 
(264
)
Consolidated net sales
$
98,058

 
$
102,684

 
$
196,236

 
$
213,813

 
 
 
 
 
 
 
 
Operating income(c)
 
 
 
 
 
 
 
Applied Technology 
$
4,849

 
$
8,788

 
$
18,085

 
$
24,736

Engineered Films
10,150

 
10,806

 
16,513

 
24,002

Aerostar
2,943

 
3,835

 
4,939

 
6,640

Intersegment eliminations 
1

 
19

 
2

 
4

Total reportable segment income
17,943

 
23,448

 
39,539

 
55,382

General and administrative expenses(c)
(7,373
)
 
(6,819
)
 
(13,848
)
 
(17,222
)
Consolidated operating income
$
10,570

 
$
16,629

 
$
25,691

 
$
38,160


(a) Hurricane recovery film sales were $823 and $8,919 for the six-month periods ended July 31, 2019 and 2018. Hurricane recovery film sales were not significant in the three-month periods ended July 31, 2019 and 2018, respectively.
(b) Intersegment sales for both fiscal 2020 and 2019 were primarily sales from Engineered Films to Aerostar.
(c) At the segment level, operating income does not include an allocation of general and administrative expenses and, as a result, "General and administrative expenses" are reported as a deduction from "Total reportable segment income" to reconcile to "Operating income" reported in the Consolidated Statements of Income and Comprehensive Income.