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Business Segments and Major Customer Information
 12 Months Ended
Jan. 31, 2020
Segment Reporting [Abstract]  
Business Segments and Major Customer Information
NOTE 16BUSINESS SEGMENTS AND MAJOR CUSTOMER INFORMATION

The Company's operating segments, which are also its reportable business segments, are defined by their product lines which have been generally grouped based on technology, manufacturing processes, and end-use application. The Company's business segments are Applied Technology Division, Engineered Films Division, and Aerostar Division. Separate financial information is available for each 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 segments. Segment information is reported consistent with the Company's management reporting structure.

Applied Technology designs, manufactures, sells, and services innovative precision agriculture products and information management tools, which are collectively referred to as precision agriculture equipment, that help farmers reduce costs, more precisely control inputs, and improve farm yields for the global agriculture market. The Applied Technology product families include application controls, GPS-guidance steering systems, field computers, automatic boom controls, machine automation, and injection systems. Applied Technology's services include wireless connectivity, cloud-based data management and logistics services. Applied Technology’s acquisition of Smart Ag and acquisition of a majority ownership in DOT in November 2019, brings a unique U-shaped platform designed to autonomously handle a large variety of agriculture implements along with perception, path planning, machine safety, and remote communication solutions to the precision ag market.

Engineered Films produces high-performance plastic films and sheeting for geomembrane, agricultural, construction, and industrial applications and also offers design-build and installation services of these plastic films and sheeting. Plastic film and sheeting can be purchased separately or together with installation services. Engineered Films sells both direct to end-customers and through independent third-party distributors. The majority of product sold into the construction and agriculture markets is through distributors, while sales into the geomembrane and industrial markets are more direct in nature. The Company extrudes a significant portion of the film converted for its commercial products and believes it is one of the largest sheeting converters in the United States in the markets it serves. Engineered Films' ability to extrude and convert films, along with offering installation services for its geomembrane products, allows it to provide a more customized solution to customers. A number of film manufacturers compete with the Company on both price and product availability.
Aerostar serves the aerospace and defense and commercial lighter-than-air markets. Aerostar's core products include high-altitude stratospheric platforms, technical services, and radar systems. These products can be integrated with additional third-party sensors to provide research, communications, and situational awareness capabilities to governmental and commercial customers. Aerostar’s growth strategy emphasizes the design and manufacture of proprietary products in these markets. Aerostar also pursues product and support services contracts with U.S. government agencies as well as sales of radar systems in international markets.
The Company measures the performance of its segments based on their operating income excluding administrative and general expenses. The accounting policies of the operating segments are the same as those described in Note 1 "Summary of Significant Accounting Policies." Other income, interest expense, and income taxes are not allocated to individual operating segments, and assets not identifiable to an individual segment are included as corporate assets.
Business segment financial performance and other information is as follows:
For the years ended January 31,
202020192018
APPLIED TECHNOLOGY DIVISION
Sales$130,460  $129,749  $124,688  
Operating income(a)(f)
30,672  39,044  31,257  
Assets(b)(c)
172,320  79,742  66,555  
Capital expenditures1,464  2,050  1,489  
Depreciation and amortization3,995  3,433  3,365  
ENGINEERED FILMS DIVISION
Sales(d)
$197,719  $226,574  $213,298  
Operating income(a)
28,695  39,714  47,324  
Assets(b)
158,440  159,592  168,797  
Capital expenditures5,317  9,544  8,128  
Depreciation and amortization9,518  9,149  8,761  
AEROSTAR DIVISION
Sales $54,443  $50,867  $39,915  
Operating income(a)
8,597  8,179  4,122  
Assets(b)
26,344  21,515  22,127  
Capital expenditures652  168  343  
Depreciation and amortization933  891  1,386  
INTERSEGMENT ELIMINATIONS
Sales
Applied Technology Division$(2) $(10) $—  
Engineered Films Division(90) (512) (584) 
Operating income(a)
—  (35) 20  
Assets(b)
(104) (104) (3,380) 
REPORTABLE SEGMENTS TOTAL
Sales(d)
$382,530  $406,668  $377,317  
Operating income(a)
67,964  86,902  82,723  
Assets(b)
357,000  260,745  254,099  
Capital expenditures7,433  11,762  9,960  
Depreciation and amortization14,446  13,473  13,512  
CORPORATE & OTHER
Operating (loss) from administrative expenses(a)(e)
$(28,025) $(31,769) $(23,553) 
Assets(b)(c)(g)
46,257  99,500  72,704  
Capital expenditures1,127  2,365  2,051  
Depreciation and amortization1,795  1,650  1,290  
TOTAL COMPANY
Sales(d)
$382,530  $406,668  $377,317  
Operating income(e)
39,939  55,133  59,170  
Assets403,257  360,245  326,803  
Capital expenditures8,560  14,127  12,011  
Depreciation and amortization16,241  15,123  14,802  
(a) 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 "Operating (loss) from administrative expenses" in Corporate & Other.
(b) Certain facilities owned by the Company are shared by more than one reporting segment. All facilities are reported as an asset based on the segment that
acquired the asset as the Company believes this most appropriately reflects the total assets of each business segment. Expenses and costs related to these facilities, including depreciation expense, are allocated and reported in each reporting segment's operating income for each fiscal year presented.
(c) Applied Technology fiscal 2020 Assets include goodwill and intangible assets related to the acquisition of Smart Ag and the acquisition of a majority ownership in DOT. These assets are further disclosed in Note 6 "Acquisitions and Investments in Business Technologies". Fiscal 2020 Assets for the Corporate & Other segment reflect the use of cash to fund the acquisition of Smart Ag and the acquisition of a majority ownership in DOT.
(d) In September of fiscal year 2018, the Company acquired CLI. For the first seven months of fiscal 2019 CLI contributed a total of $21,568 in sales and for the first seven months of fiscal 2018 the division generated $4,109 in sales to CLI as a customer. Additionally, sales of hurricane recovery film in fiscal years 2020, 2019 and 2018 were $1,860, $14,494, and $24,225, respectively.
(e) Fiscal 2019 administrative expenses included a $4,503 expense related to the previously announced gift to SDSU. Fiscal 2020 and 2019 included approximately $2,700 and $4,000 of expenses related to Project Atlas. Project Atlas related expenses in fiscal 2018 were approximately $900.
(f) Applied Technology's operating income for fiscal 2020 includes $2,834 of costs and expenses incurred in fourth quarter of fiscal 2020 related to Raven Autonomy™ .
(g) Assets are principally cash, investments, and other receivables.

No customers accounted for 10% or more of consolidated net sales in fiscal 2020, 2019 or 2018.

Substantially all of the Company's long-lived assets are located in the United States. Foreign sales are attributed to countries based on location of the customer. Net sales to customers outside the United States were as follows:
For the years ended January 31,
202020192018
Canada$12,121  $12,492  $12,940  
Europe14,681  15,786  13,864  
Latin America8,261  5,950  4,439  
Asia3,387  7,240  4,074  
Other foreign sales3,682  6,861  6,239  
Total foreign sales42,132  48,329  41,556  
United States340,398  358,339  335,761  
$382,530  $406,668  $377,317