| 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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2017 |
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2016 |
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2015 |
Net Sales by Reportable Product Line & Segment: |
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Industrial Segment: |
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Industrial Tools |
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$ |
335,569 |
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$ |
314,832 |
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$ |
355,170 |
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Heavy Lifting Technology |
|
44,186 |
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44,985 |
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47,294 |
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379,755 |
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359,817 |
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|
402,464 |
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Energy Segment: |
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Energy Maintenance & Integrity |
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225,716 |
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278,881 |
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|
246,357 |
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Other Energy Services |
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83,878 |
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113,849 |
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165,518 |
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309,594 |
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392,731 |
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|
411,875 |
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Engineered Solutions Segment: |
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On-Highway |
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215,831 |
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209,575 |
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220,889 |
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Agriculture, Off-Highway and Other |
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190,604 |
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187,287 |
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214,026 |
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406,435 |
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396,862 |
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434,915 |
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$ |
1,095,784 |
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$ |
1,149,410 |
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$ |
1,249,254 |
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Operating (Loss) Profit: |
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Industrial |
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$ |
84,936 |
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$ |
79,773 |
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$ |
105,652 |
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Energy (1)
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(119,020 |
) |
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(107,528 |
) |
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(41,351 |
) |
Engineered Solutions (2)
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16,883 |
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(42,991 |
) |
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19,789 |
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General Corporate |
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(33,035 |
) |
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(29,471 |
) |
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(30,536 |
) |
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$ |
(50,236 |
) |
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$ |
(100,217 |
) |
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$ |
53,554 |
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(1) Energy segment operating (loss) profit includes impairment and other divestiture charges of $117.0 million, $140.9 million and $84.4 million in fiscal 2017, 2016 and 2015, respectively.
(2) Engineered Solutions segment operating profit (loss) includes an impairment charge of $45.7 million in fiscal 2016 and a $5.1 million loss on the Sanlo divestiture.
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Depreciation and Amortization: |
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Industrial |
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$ |
7,583 |
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$ |
8,175 |
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$ |
8,257 |
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Energy |
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18,943 |
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21,944 |
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26,532 |
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Engineered Solutions |
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14,572 |
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15,910 |
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16,652 |
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General Corporate |
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2,012 |
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1,749 |
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1,798 |
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$ |
43,110 |
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$ |
47,777 |
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$ |
53,239 |
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Capital Expenditures |
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Industrial |
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$ |
6,566 |
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$ |
2,570 |
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$ |
1,249 |
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Energy |
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12,076 |
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|
9,355 |
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11,864 |
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Engineered Solutions |
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6,857 |
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5,974 |
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8,472 |
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General Corporate |
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2,696 |
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|
2,310 |
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|
931 |
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$ |
28,195 |
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$ |
20,209 |
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$ |
22,516 |
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August 31, |
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2017 |
|
2016 |
Assets: |
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Industrial |
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$ |
329,134 |
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$ |
308,222 |
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Energy |
|
482,963 |
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|
479,169 |
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Engineered Solutions |
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531,068 |
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|
493,840 |
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General Corporate |
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173,790 |
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|
157,429 |
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$ |
1,516,955 |
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$ |
1,438,660 |
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| Financial Information From Continuing Operations By Geographic Region |
The following tables summarize net sales and long-lived assets (fixed assets and other long-term assets, excluding deferred tax assets and debt issuance cots) by geographic region (in thousands):
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Year Ended August 31, |
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2017 |
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2016 |
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2015 |
Net Sales: |
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United States |
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$ |
480,801 |
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$ |
477,670 |
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$ |
526,061 |
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Netherlands |
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130,724 |
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|
143,517 |
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139,432 |
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United Kingdom |
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84,106 |
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115,183 |
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|
113,743 |
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Australia |
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38,924 |
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62,779 |
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|
94,319 |
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UAE |
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39,974 |
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55,906 |
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|
44,211 |
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All other |
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321,255 |
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294,355 |
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331,489 |
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$ |
1,095,784 |
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$ |
1,149,410 |
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$ |
1,249,254 |
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August 31, |
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2017 |
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2016 |
Long-lived Assets: |
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United States |
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$ |
36,254 |
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$ |
32,205 |
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China |
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16,332 |
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16,863 |
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Netherlands |
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9,134 |
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|
8,027 |
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UAE |
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8,451 |
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|
8,399 |
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United Kingdom |
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5,467 |
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|
9,914 |
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Australia |
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1,286 |
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|
15,399 |
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All other |
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21,410 |
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34,399 |
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$ |
98,334 |
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$ |
117,179 |
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