| Summary of Financial Information by Reportable Segment and Product Line |
The following tables summarize financial information by reportable segment and product line (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended May 31, |
|
Nine Months Ended May 31, |
|
2016 |
|
2015 |
|
2016 |
|
2015 |
Net Sales by Reportable Product Line & Segment: |
|
|
|
|
|
|
|
Industrial Segment: |
|
|
|
|
|
|
|
Industrial Tools |
$ |
81,771 |
|
|
$ |
88,348 |
|
|
$ |
233,599 |
|
|
$ |
267,064 |
|
Integrated Solutions |
13,980 |
|
|
15,198 |
|
|
32,210 |
|
|
35,384 |
|
|
95,751 |
|
|
103,546 |
|
|
265,809 |
|
|
302,448 |
|
Energy Segment: |
|
|
|
|
|
|
|
Energy Maintenance & Integrity |
73,377 |
|
|
62,644 |
|
|
210,762 |
|
|
182,985 |
|
Other Energy Solutions |
27,923 |
|
|
36,653 |
|
|
90,526 |
|
|
128,044 |
|
|
101,300 |
|
|
99,297 |
|
|
301,288 |
|
|
311,029 |
|
Engineered Solutions Segment: |
|
|
|
|
|
|
|
On-Highway |
58,439 |
|
|
59,673 |
|
|
161,949 |
|
|
170,122 |
|
Agriculture, Off-Highway and Other |
49,851 |
|
|
57,584 |
|
|
144,595 |
|
|
165,271 |
|
|
108,290 |
|
|
117,257 |
|
|
306,544 |
|
|
335,393 |
|
|
$ |
305,341 |
|
|
$ |
320,100 |
|
|
$ |
873,641 |
|
|
$ |
948,870 |
|
Operating Profit (Loss): |
|
|
|
|
|
|
|
Industrial |
$ |
21,712 |
|
|
$ |
29,165 |
|
|
$ |
58,994 |
|
|
$ |
79,386 |
|
Energy (1)
|
10,870 |
|
|
12,774 |
|
|
(115,803 |
) |
|
(50,457 |
) |
Engineered Solutions (2)
|
3,651 |
|
|
8,313 |
|
|
(37,943 |
) |
|
16,601 |
|
General Corporate |
(7,890 |
) |
|
(7,250 |
) |
|
(23,649 |
) |
|
(20,757 |
) |
|
$ |
28,343 |
|
|
$ |
43,002 |
|
|
$ |
(118,401 |
) |
|
$ |
24,773 |
|
(1) Energy segment operating profit (loss) includes impairment charges of $140.8 million and $84.4 million for the nine months ended May 31, 2016 and 2015, respectively.
(2) Engineered Solutions segment operating profit (loss) includes an impairment charge of $45.7 million for the nine months ended May 31, 2016.
|
|
|
|
|
|
|
|
|
|
May 31, 2016 |
|
August 31, 2015 |
Assets by Segment: |
|
|
|
Industrial |
$ |
299,971 |
|
|
$ |
293,738 |
|
Energy |
508,660 |
|
|
601,521 |
|
Engineered Solutions |
529,275 |
|
|
588,200 |
|
General Corporate |
129,514 |
|
|
153,458 |
|
|
$ |
1,467,420 |
|
|
$ |
1,636,917 |
|
|