Summary of Financial Information by Reportable Segment and Product Line |
The following tables summarize financial information by reportable segment and product line (in thousands):
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Year Ended August 31, |
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2016 |
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2015 |
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2014 |
Net Sales by Reportable Product Line & Segment: |
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Industrial Segment: |
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Integrated Solutions |
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$ |
44,985 |
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$ |
47,294 |
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$ |
52,962 |
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Industrial Tools |
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314,832 |
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355,170 |
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360,940 |
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359,817 |
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402,464 |
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413,901 |
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Energy Segment: |
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Energy Maintenance & Integrity |
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278,881 |
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246,357 |
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267,500 |
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Other Energy Services |
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113,849 |
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165,518 |
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194,869 |
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392,731 |
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411,875 |
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462,368 |
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Engineered Solutions Segment: |
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On-Highway |
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209,575 |
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220,889 |
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272,201 |
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Agriculture, Off-Highway and Other |
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187,287 |
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214,026 |
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251,391 |
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396,862 |
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434,915 |
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523,592 |
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$ |
1,149,410 |
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$ |
1,249,254 |
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$ |
1,399,862 |
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Operating Profit (Loss): |
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Industrial |
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$ |
79,773 |
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$ |
105,652 |
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$ |
120,250 |
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Energy (1)
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(107,528 |
) |
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(41,351 |
) |
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56,412 |
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Engineered Solutions (2)
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(42,991 |
) |
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19,789 |
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55,430 |
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Corporate |
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(29,471 |
) |
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(30,536 |
) |
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(28,984 |
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$ |
(100,217 |
) |
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$ |
53,554 |
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$ |
203,108 |
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(1) Energy segment operating profit (loss) includes impairment charges of $140.9 million and $84.4 million in fiscal 2016 and 2015, respectively.
(2) Engineered Solutions segment operating profit (loss) includes an impairment charge of $45.7 million in fiscal 2016.
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Depreciation and Amortization: |
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Industrial |
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$ |
8,175 |
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$ |
8,257 |
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$ |
7,597 |
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Energy |
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21,944 |
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26,532 |
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33,983 |
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Engineered Solutions |
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15,910 |
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16,652 |
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17,602 |
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Corporate |
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1,749 |
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1,798 |
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1,453 |
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$ |
47,777 |
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$ |
53,239 |
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$ |
60,635 |
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Capital Expenditures |
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Industrial |
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$ |
2,570 |
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$ |
1,249 |
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$ |
3,349 |
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Energy |
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9,355 |
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11,864 |
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26,787 |
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Engineered Solutions |
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5,974 |
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8,472 |
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8,763 |
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Corporate |
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2,310 |
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|
931 |
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2,958 |
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$ |
20,209 |
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$ |
22,516 |
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$ |
41,857 |
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August 31, |
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2016 |
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2015 |
Assets: |
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Industrial |
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$ |
308,222 |
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$ |
293,738 |
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Energy |
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479,169 |
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601,521 |
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Engineered Solutions |
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493,840 |
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588,200 |
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Corporate |
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161,307 |
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153,458 |
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$ |
1,442,538 |
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$ |
1,636,917 |
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Financial Information From Continuing Operations By Geographic Region |
The following tables summarize sales and long-lived assets (fixed assets and other long-term assets) by geographic region (in thousands):
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Year Ended August 31, |
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2016 |
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2015 |
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2014 |
Net Sales: |
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United States |
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$ |
477,670 |
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$ |
526,061 |
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$ |
573,590 |
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Netherlands |
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143,517 |
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139,432 |
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151,549 |
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United Kingdom |
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115,183 |
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113,743 |
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162,508 |
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Australia |
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62,779 |
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94,319 |
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82,778 |
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United Arab Emirates |
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55,906 |
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44,211 |
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18,101 |
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All other |
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294,355 |
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331,488 |
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411,336 |
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$ |
1,149,410 |
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$ |
1,249,254 |
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$ |
1,399,862 |
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August 31, |
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2016 |
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2015 |
Long-lived Assets: |
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United States |
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$ |
32,205 |
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$ |
41,645 |
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China |
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16,863 |
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18,199 |
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Australia |
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15,399 |
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15,227 |
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United Kingdom |
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9,914 |
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21,704 |
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United Arab Emirates |
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8,399 |
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1,104 |
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All other |
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34,399 |
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47,183 |
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$ |
117,179 |
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$ |
145,062 |
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