| 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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Three Months Ended February 28, |
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Six Months Ended February 28, |
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2018 |
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2017 |
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2018 |
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2017 |
Net Sales by Reportable Product Line & Segment: |
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Industrial Segment: |
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Industrial Tools |
$ |
87,438 |
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$ |
78,679 |
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$ |
171,949 |
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$ |
157,718 |
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Heavy Lifting Technology |
11,643 |
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12,969 |
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24,048 |
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21,220 |
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99,081 |
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91,648 |
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195,997 |
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178,938 |
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Energy Segment: |
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Energy Maintenance & Integrity |
48,889 |
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51,590 |
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105,598 |
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116,411 |
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Other Energy Solutions |
17,103 |
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21,294 |
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36,235 |
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41,119 |
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65,992 |
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72,884 |
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141,833 |
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157,530 |
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Engineered Solutions Segment: |
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On-Highway |
59,297 |
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50,611 |
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124,179 |
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102,242 |
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Agriculture, Off-Highway and Other |
50,795 |
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43,726 |
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102,111 |
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85,952 |
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110,092 |
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94,337 |
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226,290 |
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188,194 |
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$ |
275,165 |
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$ |
258,869 |
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$ |
564,120 |
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$ |
524,662 |
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Operating Profit (Loss): |
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Industrial |
$ |
16,781 |
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$ |
18,380 |
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$ |
35,024 |
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$ |
37,155 |
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Energy (1)
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(4,513 |
) |
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(579 |
) |
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(4,220 |
) |
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2,632 |
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Engineered Solutions |
2,209 |
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1,816 |
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8,543 |
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2,571 |
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General Corporate |
(4,888 |
) |
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(6,418 |
) |
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(15,085 |
) |
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(20,688 |
) |
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$ |
9,589 |
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$ |
13,199 |
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$ |
24,262 |
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$ |
21,670 |
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(1) Energy segment operating (loss) profit includes impairment and divestiture charges of $3.0 million for both the three and six months ended February 28, 2018.
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February 28, 2018 |
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August 31, 2017 |
Assets by Segment: |
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Industrial |
$ |
324,477 |
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$ |
329,134 |
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Energy |
464,018 |
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482,963 |
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Engineered Solutions |
548,547 |
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531,068 |
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General Corporate |
143,263 |
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173,790 |
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$ |
1,480,305 |
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$ |
1,516,955 |
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