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Segment Reporting
9 Months Ended
Oct. 31, 2019
Segment Reporting [Abstract]  
Segment Reporting SEGMENT REPORTING
The Company's operating segments, which are also its reportable segments, are defined by their product lines which have been generally grouped based on technology, manufacturing processes, and end-use application. The Company's reportable segments are Applied Technology Division, Engineered Films Division, and Aerostar Division. Separate financial information is available for each reportable segment and regularly evaluated by the Company's chief operating decision-maker, the President and Chief Executive Officer, in making resource allocation decisions for the Company's reportable segments. The Company measures the performance of its segments based on their operating income excluding administrative and general expenses. Other income, interest expense, and income taxes are not allocated to individual operating segments. Segment information is reported consistent with the Company's management reporting structure.

Business segment financial performance and other information is as follows:
Three Months EndedNine Months Ended
October 31,
2019
October 31,
2018
October 31,
2019
October 31,
2018
Net sales
Applied Technology $28,500  $29,740  $97,596  $100,532  
Engineered Films(a)
56,406  58,239  158,214  177,106  
Aerostar 15,661  17,031  41,040  41,449  
Intersegment eliminations(b)
(34) (177) (81) (441) 
Consolidated net sales$100,533  $104,833  $296,769  $318,646  
Operating income(c)
Applied Technology
$7,035  $7,737  $25,120  $32,473  
Engineered Films 8,474  9,239  24,987  33,241  
Aerostar2,488  3,839  7,427  10,479  
Intersegment eliminations
(12) (37) (10) (33) 
Total reportable segment income17,985  20,778  57,524  76,160  
General and administrative expenses(c)
(6,653) (7,166) (20,501) (24,388) 
Consolidated operating income$11,332  $13,612  $37,023  $51,772  
(a) Hurricane recovery film sales were $1,833 and $10,429 for the nine-month periods ended October 31, 2019 and 2018. Hurricane recovery film sales were not significant in the three-month periods ended October 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.