| 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 May 31, |
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Nine Months Ended May 31, |
|
2019 |
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2018 |
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2019 |
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2018 |
Net Sales by Reportable Product Line & Segment |
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Industrial Tools & Services |
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Product |
$ |
115,067 |
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$ |
115,722 |
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$ |
323,420 |
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$ |
322,143 |
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Service & Rental |
51,665 |
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|
43,013 |
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|
141,488 |
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|
115,570 |
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|
166,732 |
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|
158,735 |
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|
464,908 |
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|
437,713 |
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Engineered Components & Systems |
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On-Highway |
59,378 |
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|
66,556 |
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|
174,982 |
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|
190,735 |
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Agriculture, Off-Highway and Other |
57,793 |
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|
58,386 |
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|
164,125 |
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|
160,497 |
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Rope & Cable Solutions |
11,363 |
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20,436 |
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38,915 |
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53,924 |
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Concrete Tensioning |
— |
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12,983 |
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16,774 |
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|
35,601 |
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Off Shore Mooring |
— |
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— |
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— |
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2,746 |
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128,534 |
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158,361 |
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|
394,796 |
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|
443,503 |
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$ |
295,266 |
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$ |
317,096 |
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$ |
859,704 |
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$ |
881,216 |
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Operating Profit (Loss) |
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Industrial Tools & Services |
$ |
34,877 |
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$ |
31,658 |
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$ |
87,797 |
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$ |
71,458 |
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Engineered Components & Systems (1)
|
19,556 |
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|
9,641 |
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(10,147 |
) |
|
9,228 |
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General Corporate |
(7,073 |
) |
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(8,607 |
) |
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(23,253 |
) |
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(23,517 |
) |
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$ |
47,360 |
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$ |
32,692 |
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$ |
54,397 |
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$ |
57,169 |
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(1) EC&S segment operating loss includes impairment & divestiture (benefit) charges of $(10.6) million for the three months ended May 31, 2019 and $32.7 million for the nine months ended May 31, 2018.
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May 31, 2019 |
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August 31, 2018 |
Assets: |
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Industrial Tools & Services |
$ |
609,690 |
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$ |
589,932 |
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Engineered Components & Systems |
588,756 |
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|
657,370 |
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General Corporate |
194,710 |
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|
234,036 |
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$ |
1,393,156 |
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$ |
1,481,338 |
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