Note 17 - Operating Segment Information

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

NOTE

1

7

–

Operating Segment Information

:

The Company classifies its businesses into

three

operating segments based on the types of products and services provided. The Uniforms and Related Products segment consists of the sale of uniforms and related items. The Remote Staffing Solutions segment consists of sales of staffing solutions. The Promotional Products segment consists of sales to customers of promotional products and other branded merchandise.

The Company evaluates the performance of each operating segment based on several factors of which the primary financial measures are operating segment net sales and earnings before income taxes. The accounting policies of the operating segments are the same as those described in Note 

1

entitled Summary of Significant Accounting Policies. Amounts for corporate expenses are included in the Uniforms and Related Products segment totals. Information related to the operations of the Company's operating segments is set forth below:

(In thousands)
	Uniforms and Related Products		Remote Staffing Solutions		Promotional Products		Intersegment Eliminations			Total
Twelve Months Ended
December 31, 2018
Net sales	$	238,165		31,311		80,913		(4,039	)	$	346,350
Gross margin	$	83,728		17,907		22,671		(2,609	)	$	121,697
Selling and administrative expenses		68,848		11,160		19,311		(2,609	)		96,710
Other periodic pension cost		385		-		-		-			385
Interest expense		2,019		-		1,188		-			3,207
Income before taxes on income	$	12,476	$	6,747	$	2,172	$	-		$	21,395
Depreciation and amortization	$	5,611		990		1,299		-		$	7,900
Capital expenditures	$	2,794		1,581		494		-		$	4,869
Total assets	$	331,113		29,590		61,993		(87,610	)	$	335,086

	Uniforms and Related Products			Remote Staffing Solutions		Promotional Products		Intersegment Eliminations			Total
Twelve Months Ended
December 31, 2017
Net sales	$	204,644		$	23,021	$	42,904	$	(3,755	)	$	266,814
Gross margin	$	72,463		$	12,460	$	13,860	$	(2,431	)	$	96,352
Selling and administrative expenses		52,967			7,877		12,179		(2,431	)		70,592
Other periodic pension cost		1,224			-		-		-			1,224
Gain (loss) on sale of property, plant and equipment		(2	)		1,050		-		-			1,048
Interest expense		387			-		415		-			802
Income before taxes on income	$	17,883		$	5,633	$	1,266	$	-		$	24,782
Depreciation and amortization	$	4,223		$	846	$	584	$	-		$	5,653
Capital expenditures	$	2,870		$	1,156	$	219	$	-		$	4,245
Total assets	$	182,623		$	21,846	$	54,997	$	(40,528	)	$	218,938

	Uniforms and Related Products		Remote Staffing Solutions		Promotional Products			Intersegment Eliminations			Total
Twelve Months Ended
December 31, 2016
Net sales	$	210,373	$	17,953	$	27,816		$	(3,546	)	$	252,596
Gross margin	$	69,987	$	9,616	$	9,690		$	(2,311	)	$	86,982
Selling and administrative expenses		50,953		6,096		10,386			(2,311	)		65,124
Other periodic pension cost		1,272		-		-			-			1,272
Interest expense		462		-		226			-			688
Income (loss) before taxes on income (loss)	$	17,300	$	3,520	$	(922	)	$	-		$	19,898
Depreciation and amortization	$	4,023	$	494	$	418		$	-		$	4,935
Capital expenditures	$	3,383	$	3,872	$	130		$	-		$	7,385
Total assets	$	176,070	$	19,752	$	28,480		$	(27,454	)	$	196,848